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Ares Capital

340 hedge funds and large institutions have $2.72B invested in Ares Capital in 2014 Q2 according to their latest regulatory filings, with 45 funds opening new positions, 142 increasing their positions, 106 reducing their positions, and 45 closing their positions.

New
Increased
Maintained
Reduced
Closed

36% more call options, than puts

Call options by funds: $10.8M | Put options by funds: $7.96M

34% more repeat investments, than reductions

Existing positions increased: 142 | Existing positions reduced: 106

0% more funds holding

Funds holding: 340340 (0)

0% more funds holding in top 10

Funds holding in top 10: 1717 (0)

0% more first-time investments, than exits

New positions opened: 45 | Existing positions closed: 45

1% less capital invested

Capital invested by funds: $2.75B → $2.72B (-$21.9M)

Holders
340
Holders Change
Holders Change %
0%
% of All Funds
9.77%
Holding in Top 10
17
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.49%
New
45
Increased
142
Reduced
106
Closed
45
Calls
$10.8M
Puts
$7.96M
Net Calls
+$2.89M
Net Calls Change
+$658K
Name Holding Trade Value Shares
Change
Change in
Stake
PFMOSF
51
Philadelphia Financial Management of San Francisco
California
$11.6M +$11.2M +649,461 New
ACM
52
Advisors Capital Management
New Jersey
$11.6M +$920K +53,572 +9%
Federated Hermes
53
Federated Hermes
Pennsylvania
$11.5M +$4.94M +287,523 +80%
JP Morgan Chase
54
JP Morgan Chase
New York
$11.5M +$5.23M +304,212 +90%
OCG
55
Opus Capital Group
Ohio
$11.3M -$1.52M -88,494 -12%
CCMLC
56
Cardinal Capital Management LLC (Connecticut)
Connecticut
$11.3M -$2.19M -127,674 -17%
CHA
57
Cedar Hill Associates
Illinois
$11M -$61.2K -3,560 -0.6%
Principal Financial Group
58
Principal Financial Group
Iowa
$10.9M -$3.31M -192,786 -24%
GIM
59
Greenwich Investment Management
Connecticut
$10.8M +$221K +12,842 +2%
Allianz Asset Management
60
Allianz Asset Management
Germany
$10.7M +$938K +54,610 +10%
VM
61
Varde Management
Minnesota
$10.7M +$10.3M +600,000 New
AllianceBernstein
62
AllianceBernstein
Tennessee
$10.3M -$3.1M -180,409 -24%
MAA
63
Managed Account Advisors
New Jersey
$10.3M +$574K +33,391 +6%
EIA
64
Edgemoor Investment Advisors
Maryland
$10.2M +$281K +16,342 +3%
WRF
65
Waddell & Reed Financial
Kansas
$10.2M +$429K +25,000 +5%
Nomura Asset Management
66
Nomura Asset Management
Japan
$10.1M +$1.9M +110,481 +24%
SBH
67
Segall Bryant & Hamill
Illinois
$9.97M -$501K -29,185 -5%
Stifel Financial
68
Stifel Financial
Missouri
$9.78M +$2.46K +143 +0%
PP
69
Paloma Partners
Connecticut
$9.07M +$8.72M +507,826 New
ZIM
70
Zacks Investment Management
Illinois
$9.07M -$550K -32,031 -6%
D.E. Shaw & Co
71
D.E. Shaw & Co
New York
$8.99M -$2.33M -135,435 -21%
FLPIM
72
F.L. Putnam Investment Management
Massachusetts
$8.81M -$169K -9,830 -2%
New York State Common Retirement Fund
73
New York State Common Retirement Fund
New York
$8.74M -$1.04M -60,600 -11%
NIMC
74
NWQ Investment Management Company
California
$8.56M -$1.49M -86,950 -15%
TFMS
75
Trust & Fiduciary Management Services
Massachusetts
$8.3M +$1.35M +78,588 +20%

ARCC Hedge Fund Activity: Q2 2014 in Review

340 of the 3,479 institutional investors tracked by Wall St. Rank reported a position in Ares Capital (ARCC) for Q2 2014, worth a combined $2.72B — down 0.8% from $2.75B a quarter earlier.

Fund positioning in ARCC was balanced in Q2 2014: 45 funds opened new positions, 45 closed out, 142 added to existing stakes and 106 trimmed.

The largest buyer was Miller Howard Investments, adding an estimated $35.8M. The largest seller was Vaughan Nelson Investment Management, cutting an estimated $52.4M.

  • 340 institutional investors held Ares Capital (ARCC) as of Q2 2014, unchanged from Q1 2014.
  • Funds reported $2.72B of Ares Capital stock for Q2 2014, down 0.8% quarter-over-quarter.
  • 45 funds opened new Ares Capital positions in Q2 2014 and 45 closed out, a net change of 0 holders.
  • The largest Ares Capital buyer in Q2 2014 was Miller Howard Investments, an estimated $35.8M added.
  • The largest Ares Capital seller in Q2 2014 was Vaughan Nelson Investment Management, an estimated $52.4M sold.

Based on aggregated 13F filings for Q2 2014.