Ares Capital
ARCC
414 hedge funds and large institutions have $3.14B invested in Ares Capital in 2017 Q2 according to their latest regulatory filings, with 41 funds opening new positions, 168 increasing their positions, 123 reducing their positions, and 47 closing their positions.
37% more repeat investments, than reductions
Existing positions increased: 168 | Existing positions reduced: 123
1.59% less ownership
Funds ownership: 46.64% → 45.05% (-1.6%)
3% less funds holding
Funds holding: 426 → 414 (-12)
9% less capital invested
Capital invested by funds: $3.45B → $3.14B (-$308M)
13% less first-time investments, than exits
New positions opened: 41 | Existing positions closed: 47
20% less funds holding in top 10
Funds holding in top 10: 25 → 20 (-5)
25% less call options, than puts
Call options by funds: $19.9M | Put options by funds: $26.5M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Principal Financial Group
Des Moines,
Iowa
|
+$61.3M |
| 2 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$43.2M |
| 3 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$19.1M |
| 4 |
EM
Elliott Management
New York
|
+$18.9M |
| 5 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$17M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Two Sigma Investments
New York
|
-$51.3M |
| 2 |
Janus Henderson Group
London,
United Kingdom
|
-$50.1M |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
-$50M |
| 4 |
Millennium Management
New York
|
-$24.7M |
| 5 |
Two Sigma Advisers
New York
|
-$24.3M |
ARCC Hedge Fund Activity: Q2 2017 in Review
414 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in Ares Capital (ARCC) for Q2 2017, worth a combined $3.14B — down 8.9% from $3.45B a quarter earlier.
Sellers outnumbered buyers: 47 funds closed out of ARCC and 41 opened new positions — a net loss of 6 holders — while 123 trimmed existing stakes and 168 added.
The largest buyer was Principal Financial Group, adding an estimated $61.3M. The largest seller was Two Sigma Investments, cutting an estimated $51.3M.
- 414 institutional investors held Ares Capital (ARCC) as of Q2 2017, down from 426 in Q1 2017.
- Funds reported $3.14B of Ares Capital stock for Q2 2017, down 8.9% quarter-over-quarter.
- 41 funds opened new Ares Capital positions in Q2 2017 and 47 closed out, a net change of -6 holders.
- The largest Ares Capital buyer in Q2 2017 was Principal Financial Group, an estimated $61.3M added.
- The largest Ares Capital seller in Q2 2017 was Two Sigma Investments, an estimated $51.3M sold.
Based on aggregated 13F filings for Q2 2017.