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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
CIP
76
Chartwell Investment Partners
Pennsylvania
$8.24M +$263K +16,568 +3%
RCM
77
Rivernorth Capital Management
Florida
$7.55M -$15.2M -956,851 -67%
Two Sigma Investments
78
Two Sigma Investments
New York
$7.54M -$20M -1,264,470 -73%
Thrivent Financial for Lutherans
79
Thrivent Financial for Lutherans
Minnesota
$7.21M +$169K +10,645 +2%
AAP
80
Ardsley Advisory Partners
Connecticut
$7.14M +$7.13M +450,000 New
AR
81
Advisory Research
Illinois
$7.03M -$1.62M -102,432 -19%
TC
82
Telemus Capital
Michigan
$6.92M -$102K -6,409 -1%
SMDAM
83
Sumitomo Mitsui DS Asset Management
Japan
$6.62M -$1.64M -103,444 -20%
Canada Pension Plan Investment Board
84
Canada Pension Plan Investment Board
Ontario, Canada
$6.59M +$6.58M +414,900 +377,182%
SGCA
85
Steel Grove Capital Advisors
Tennessee
$6.51M +$159K +10,030 +3%
Susquehanna International Group
86
Susquehanna International Group
Pennsylvania
$6.49M -$1.88M -118,552 -22%
PAIM
87
Punch & Associates Investment Management
Minnesota
$6.42M -$190K -12,007 -3%
FCH
88
Freestone Capital Holdings
Washington
$6.35M -$2.35M -148,227 -27%
MHI
89
Miller Howard Investments
New York
$6.18M
GGPE
90
Golden Gate Private Equity
California
$6.14M +$276K +17,400 +5%
AA
91
ALPS Advisors
Colorado
$5.97M -$1.79M -113,025 -23%
MDCM
92
Morgan Dempsey Capital Management
Wisconsin
$5.81M +$20.4K +1,287 +0.4%
GC
93
Gilbert & Cook
Iowa
$5.79M +$1.63M +102,623 +39%
JP Morgan Chase
94
JP Morgan Chase
New York
$5.71M -$9.23M -582,484 -62%
PCA
95
PL Capital Advisors
Florida
$5.55M +$5.55M +350,000 New
RA
96
Resource America
New York
$5.5M +$3.12M +196,699 +131%
AU
97
Algebris (UK)
United Kingdom
$5.13M +$5.12M +323,000 New
AA
98
Ancora Advisors
Ohio
$5.08M +$1.22M +76,782 +32%
Commonwealth Equity Services
99
Commonwealth Equity Services
Massachusetts
$4.92M +$48.4K +3,051 +1%
TG
100
TCW Group
California
$4.74M -$908K -57,290 -16%

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.