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Ares Capital

469 hedge funds and large institutions have $2.6B invested in Ares Capital in 2018 Q4 according to their latest regulatory filings, with 80 funds opening new positions, 149 increasing their positions, 161 reducing their positions, and 58 closing their positions.

New
Increased
Maintained
Reduced
Closed

38% more first-time investments, than exits

New positions opened: 80 | Existing positions closed: 58

4% more funds holding

Funds holding: 451469 (+18)

0.46% less ownership

Funds ownership: 39.78%39.33% (-0.46%)

7% less repeat investments, than reductions

Existing positions increased: 149 | Existing positions reduced: 161

7% less funds holding in top 10

Funds holding in top 10: 1514 (-1)

11% less capital invested

Capital invested by funds: $2.92B → $2.6B (-$318M)

40% less call options, than puts

Call options by funds: $32.2M | Put options by funds: $54M

Holders
469
Holders Change
+18
Holders Change %
+3.99%
% of All Funds
10.45%
Holding in Top 10
14
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-6.67%
% of All Funds
0.31%
New
80
Increased
149
Reduced
161
Closed
58
Calls
$32.2M
Puts
$54M
Net Calls
-$21.9M
Net Calls Change
+$6.89M
Name Holding Trade Value Shares
Change
Change in
Stake
Mackenzie Financial
101
Mackenzie Financial
Ontario, Canada
$4.27M
RVPG
102
Relative Value Partners Group
$4.13M +$317K +19,155 +8%
GI
103
Glovista Investments
New Jersey
$4.04M -$5.64M -340,867 -57%
CPIG
104
Chicago Partners Investment Group
Illinois
$3.99M +$366K +22,099 +10%
RJFSA
105
Raymond James Financial Services Advisors
Florida
$3.96M +$305K +18,452 +8%
SMDAM
106
Sumitomo Mitsui DS Asset Management
Japan
$3.85M -$832K -50,302 -17%
FWIA
107
Fort Washington Investment Advisors
Ohio
$3.8M -$3.33M -201,028 Closed
HFS
108
HL Financial Services
Kentucky
$3.7M +$537K +32,460 +16%
Commonwealth Equity Services
109
Commonwealth Equity Services
Massachusetts
$3.64M -$1.78M -107,473 -32%
AIM
110
Assured Investment Management
New York
$3.58M -$1.66M -100,157 -30%
GIM
111
Greenwich Investment Management
Connecticut
$3.57M -$37.1K -2,245 -1%
Janney Montgomery Scott
112
Janney Montgomery Scott
Pennsylvania
$3.52M -$33K -1,995 -0.9%
NEAM
113
New England Asset Management
Connecticut
$3.52M
T. Rowe Price Associates
114
T. Rowe Price Associates
Maryland
$3.51M
CSA
115
Cottage Street Advisors
Massachusetts
$3.5M -$24K -1,451 -0.6%
SCM
116
Stevens Capital Management
Pennsylvania
$3.42M +$2.66M +160,948 +275%
GSM
117
Global Strategic Management
Puerto Rico
$3.39M +$3.6M +217,723 New
Cambridge Investment Research Advisors
118
Cambridge Investment Research Advisors
Iowa
$3.39M +$598K +36,144 +20%
Ohio Public Employees Retirement System (OPERS)
119
Ohio Public Employees Retirement System (OPERS)
Ohio
$3.36M +$67.8K +4,100 +2%
AIM
120
Allen Investment Management
New York
$3.34M
PPA
121
Parametric Portfolio Associates
Washington
$3.32M -$134K -8,100 -4%
SIG
122
Sargent Investment Group
Maryland
$3.28M +$3.48M +210,295 New
William Blair & Company
123
William Blair & Company
Illinois
$3.27M +$6.14K +371 +0.2%
Connor, Clark & Lunn Investment Management (CC&L)
124
Connor, Clark & Lunn Investment Management (CC&L)
British Columbia, Canada
$3.22M +$3.42M +206,746 New
PCM
125
Palisade Capital Management
New Jersey
$3.18M -$49.6K -3,000 -1%

ARCC Hedge Fund Activity: Q4 2018 in Review

469 of the 4,488 institutional investors tracked by Wall St. Rank reported a position in Ares Capital (ARCC) for Q4 2018, worth a combined $2.6B — down 11% from $2.92B a quarter earlier.

Buyers outnumbered sellers: 80 funds opened new ARCC positions and 58 closed out — a net gain of 22 holders — while 149 added to existing stakes and 161 trimmed.

The largest buyer was Ninety One (UK), opening a new position worth an estimated $22.2M. The largest seller was Deutsche Bank, cutting an estimated $44.9M.

  • 469 institutional investors held Ares Capital (ARCC) as of Q4 2018, up from 451 in Q3 2018.
  • Funds reported $2.6B of Ares Capital stock for Q4 2018, down 11% quarter-over-quarter.
  • 80 funds opened new Ares Capital positions in Q4 2018 and 58 closed out, a net change of +22 holders.
  • The largest Ares Capital buyer in Q4 2018 was Ninety One (UK), an estimated $22.2M added.
  • The largest Ares Capital seller in Q4 2018 was Deutsche Bank, an estimated $44.9M sold.

Based on aggregated 13F filings for Q4 2018.