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Ares Capital

441 hedge funds and large institutions have $2.78B invested in Ares Capital in 2018 Q1 according to their latest regulatory filings, with 46 funds opening new positions, 163 increasing their positions, 143 reducing their positions, and 47 closing their positions.

New
Increased
Maintained
Reduced
Closed

81% more call options, than puts

Call options by funds: $33.1M | Put options by funds: $18.3M

21% more funds holding in top 10

Funds holding in top 10: 1417 (+3)

14% more repeat investments, than reductions

Existing positions increased: 163 | Existing positions reduced: 143

0% less funds holding

Funds holding: 443441 (-2)

2% less first-time investments, than exits

New positions opened: 46 | Existing positions closed: 47

4% less capital invested

Capital invested by funds: $2.88B → $2.78B (-$101M)

1.63% less ownership

Funds ownership: 42.91%41.28% (-1.6%)

Holders
441
Holders Change
-2
Holders Change %
-0.45%
% of All Funds
10.11%
Holding in Top 10
17
Holding in Top 10 Change
+3
Holding in Top 10 Change %
+21.43%
% of All Funds
0.39%
New
46
Increased
163
Reduced
143
Closed
47
Calls
$33.1M
Puts
$18.3M
Net Calls
+$14.8M
Net Calls Change
+$55.9M
Name Holding Trade Value Shares
Change
Change in
Stake
PFMOSF
51
Philadelphia Financial Management of San Francisco
California
$13.4M +$13.4M +846,924 New
AWCI
52
Alpine Woods Capital Investors
New York
$13.3M -$206K -13,000 -2%
Man Group
53
Man Group
United Kingdom
$13.2M +$13.2M +831,357 New
MCM
54
Maltese Capital Management
New York
$13.2M +$1.61M +101,900 +14%
LPL Financial
55
LPL Financial
California
$12.7M +$666K +42,038 +6%
CFG
56
CNO Financial Group
Indiana
$12.1M +$12.1M +765,301 New
FIM
57
Frontier Investment Management
Texas
$12.1M +$285K +17,980 +2%
GC
58
Guggenheim Capital
Illinois
$11.9M -$131K -8,297 -1%
PMLI
59
Penn Mutual Life Insurance
Pennsylvania
$11.9M +$1.98M +125,000 +20%
Invesco
60
Invesco
Georgia
$11.8M -$464K -29,303 -4%
Nomura Asset Management
61
Nomura Asset Management
Japan
$11.8M +$567K +35,800 +5%
PC
62
Polar Capital
United Kingdom
$11.6M +$238K +15,000 +2%
Tiger Global Management
63
Tiger Global Management
New York
$11.4M +$11.4M +719,620 New
SIS
64
Sound Income Strategies
Florida
$11.3M +$1.05M +66,219 +10%
Skandinaviska Enskilda Banken (SEB)
65
Skandinaviska Enskilda Banken (SEB)
Sweden
$11.1M -$879K -55,478 -7%
EIA
66
Edgemoor Investment Advisors
Maryland
$10.6M -$45.1K -2,845 -0.4%
WRF
67
Waddell & Reed Financial
Kansas
$10.5M -$1.11M -70,000 -10%
LSV Asset Management
68
LSV Asset Management
Illinois
$10.1M -$55.5K -3,500 -0.5%
SBH
69
Segall Bryant & Hamill
Illinois
$9.92M +$61.4K +3,875 +0.6%
Loomis, Sayles & Company
70
Loomis, Sayles & Company
Massachusetts
$9.67M -$1.91M -120,544 -17%
AAM
71
Advisors Asset Management
Colorado
$9.57M +$140K +8,823 +1%
JAM
72
Jacobs Asset Management
New York
$8.76M +$4.79M +302,202 +121%
Boston Partners
73
Boston Partners
Massachusetts
$8.57M -$1.24M -78,317 -13%
BWFA
74
Baltimore-Washington Financial Advisors
Maryland
$8.53M +$35.2K +2,219 +0.4%
MCM
75
McKinley Capital Management
Alaska
$8.47M -$93.3K -5,890 -1%

ARCC Hedge Fund Activity: Q1 2018 in Review

441 of the 4,363 institutional investors tracked by Wall St. Rank reported a position in Ares Capital (ARCC) for Q1 2018, worth a combined $2.78B — down 3.5% from $2.88B a quarter earlier.

Sellers outnumbered buyers: 47 funds closed out of ARCC and 46 opened new positions — a net loss of 1 holder — while 143 trimmed existing stakes and 163 added.

The largest buyer was Millennium Management, adding an estimated $29.6M. The largest seller was Principal Financial Group, exiting entirely with an estimated $84.4M sold.

  • 441 institutional investors held Ares Capital (ARCC) as of Q1 2018, down from 443 in Q4 2017.
  • Funds reported $2.78B of Ares Capital stock for Q1 2018, down 3.5% quarter-over-quarter.
  • 46 funds opened new Ares Capital positions in Q1 2018 and 47 closed out, a net change of -1 holder.
  • The largest Ares Capital buyer in Q1 2018 was Millennium Management, an estimated $29.6M added.
  • The largest Ares Capital seller in Q1 2018 was Principal Financial Group, an estimated $84.4M sold.

Based on aggregated 13F filings for Q1 2018.