Ares Capital
ARCC
715 hedge funds and large institutions have $3.63B invested in Ares Capital in 2024 Q1 according to their latest regulatory filings, with 77 funds opening new positions, 283 increasing their positions, 193 reducing their positions, and 60 closing their positions.
47% more repeat investments, than reductions
Existing positions increased: 283 | Existing positions reduced: 193
28% more first-time investments, than exits
New positions opened: 77 | Existing positions closed: 60
1% more funds holding
Funds holding: 708 → 715 (+7)
3% less capital invested
Capital invested by funds: $3.74B → $3.63B (-$115M)
4.13% less ownership
Funds ownership: 32.79% → 28.66% (-4.1%)
19% less funds holding in top 10
Funds holding in top 10: 16 → 13 (-3)
34% less call options, than puts
Call options by funds: $60.2M | Put options by funds: $91.6M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$90.5M |
| 2 |
VanEck Associates
New York
|
+$29.1M |
| 3 |
MSL
Mackay Shields LLC
New York
|
+$12.4M |
| 4 |
SIC
Sigma Investment Counselors
Northville,
Michigan
|
+$11.4M |
| 5 |
Cetera Investment Advisers
Schaumburg,
Illinois
|
+$10M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$254M |
| 2 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$93.4M |
| 3 |
Two Sigma Investments
New York
|
-$67M |
| 4 |
Two Sigma Advisers
New York
|
-$43.2M |
| 5 |
Citadel Advisors
Miami,
Florida
|
-$23.2M |
ARCC Hedge Fund Activity: Q1 2024 in Review
715 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in Ares Capital (ARCC) for Q1 2024, worth a combined $3.63B — down 3.1% from $3.74B a quarter earlier.
Buyers outnumbered sellers: 77 funds opened new ARCC positions and 60 closed out — a net gain of 17 holders — while 283 added to existing stakes and 193 trimmed.
The largest buyer was Fidelity Investments, adding an estimated $90.5M. The largest seller was Morgan Stanley, cutting an estimated $254M.
- 715 institutional investors held Ares Capital (ARCC) as of Q1 2024, up from 708 in Q4 2023.
- Funds reported $3.63B of Ares Capital stock for Q1 2024, down 3.1% quarter-over-quarter.
- 77 funds opened new Ares Capital positions in Q1 2024 and 60 closed out, a net change of +17 holders.
- The largest Ares Capital buyer in Q1 2024 was Fidelity Investments, an estimated $90.5M added.
- The largest Ares Capital seller in Q1 2024 was Morgan Stanley, an estimated $254M sold.
Based on aggregated 13F filings for Q1 2024.