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Ares Capital

646 hedge funds and large institutions have $4.13B invested in Ares Capital in 2022 Q4 according to their latest regulatory filings, with 88 funds opening new positions, 283 increasing their positions, 163 reducing their positions, and 55 closing their positions.

New
Increased
Maintained
Reduced
Closed

74% more repeat investments, than reductions

Existing positions increased: 283 | Existing positions reduced: 163

60% more first-time investments, than exits

New positions opened: 88 | Existing positions closed: 55

48% more capital invested

Capital invested by funds: $2.79B → $4.13B (+$1.35B)

3% more funds holding

Funds holding: 629646 (+17)

0.77% more ownership

Funds ownership: 32.64%33.41% (+0.77%)

13% less funds holding in top 10

Funds holding in top 10: 1614 (-2)

80% less call options, than puts

Call options by funds: $50.7M | Put options by funds: $255M

Holders
646
Holders Change
+17
Holders Change %
+2.7%
% of All Funds
10.38%
Holding in Top 10
14
Holding in Top 10 Change
-2
Holding in Top 10 Change %
-12.5%
% of All Funds
0.23%
New
88
Increased
283
Reduced
163
Closed
55
Calls
$50.7M
Puts
$255M
Net Calls
-$204M
Net Calls Change
-$14.2M
Name Holding Trade Value Shares
Change
Change in
Stake
Commonwealth Equity Services
51
Commonwealth Equity Services
Massachusetts
$15.2M +$1.15M +61,070 +8%
NW
52
Naviter Wealth
Arkansas
$14.3M +$157K +8,349 +1%
NSCM
53
New South Capital Management
Tennessee
$14M -$1.47M -78,284 -9%
Janney Montgomery Scott
54
Janney Montgomery Scott
Pennsylvania
$13.8M +$407K +21,691 +3%
Cambridge Investment Research Advisors
55
Cambridge Investment Research Advisors
Iowa
$13.3M +$1.69M +89,739 +14%
EIA
56
Edgemoor Investment Advisors
Maryland
$13M +$200K +10,649 +2%
Millennium Management
57
Millennium Management
New York
$12.2M +$4.11M +218,571 +50%
CS
58
Credit Suisse
Switzerland
$12M +$2.4M +127,682 +24%
Skandinaviska Enskilda Banken (SEB)
59
Skandinaviska Enskilda Banken (SEB)
Sweden
$11.8M +$3.52M +187,600 +42%
RJA
60
Raymond James & Associates
Florida
$11.4M +$615K +32,764 +6%
MCM
61
McKinley Capital Management
Alaska
$11.3M +$2.54K +135 +0%
ClearBridge Investments
62
ClearBridge Investments
New York
$10.8M +$5.88M +312,960 +115%
Neuberger Berman Group
63
Neuberger Berman Group
New York
$10.7M -$796K -42,355 -7%
Baird Financial Group
64
Baird Financial Group
Wisconsin
$10M -$81.1K -4,317 -0.8%
DADC
65
D.A. Davidson & Co
Montana
$9.71M +$1.34M +71,484 +16%
CIP
66
Chartwell Investment Partners
Pennsylvania
$9.64M +$35.2K +1,874 +0.4%
Northern Trust
67
Northern Trust
Illinois
$9.61M -$1.03M -54,889 -10%
BB
68
Bell Bank
North Dakota
$8.82M +$15.4K +821 +0.2%
GIM
69
Greenwich Investment Management
Connecticut
$8.79M -$72.3K -3,849 -0.8%
ECM
70
Evergreen Capital Management
Washington
$8.71M +$145K +7,701 +2%
EL
71
EMFO LLC
Florida
$8.56M -$244K -13,002 -3%
State of Tennessee, Department of Treasury
72
State of Tennessee, Department of Treasury
Tennessee
$8.53M +$6.27M +333,980 +261%
GL
73
Graypoint LLC
New York
$8.4M -$101K -5,375 -1%
HF
74
HRT Financial
New York
$8.38M +$897K +47,750 +12%
PCM
75
Palisade Capital Management
New Jersey
$8.07M +$3.76K +200 +0%

ARCC Hedge Fund Activity: Q4 2022 in Review

646 of the 6,221 institutional investors tracked by Wall St. Rank reported a position in Ares Capital (ARCC) for Q4 2022, worth a combined $4.13B — up 48% from $2.79B a quarter earlier.

Buyers outnumbered sellers: 88 funds opened new ARCC positions and 55 closed out — a net gain of 33 holders — while 283 added to existing stakes and 163 trimmed.

The largest buyer was Marshall Wace, adding an estimated $54.2M. The largest seller was Nicola Wealth Management, exiting entirely with an estimated $17.9M sold.

  • 646 institutional investors held Ares Capital (ARCC) as of Q4 2022, up from 629 in Q3 2022.
  • Funds reported $4.13B of Ares Capital stock for Q4 2022, up 48% quarter-over-quarter.
  • 88 funds opened new Ares Capital positions in Q4 2022 and 55 closed out, a net change of +33 holders.
  • The largest Ares Capital buyer in Q4 2022 was Marshall Wace, an estimated $54.2M added.
  • The largest Ares Capital seller in Q4 2022 was Nicola Wealth Management, an estimated $17.9M sold.

Based on aggregated 13F filings for Q4 2022.