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Ares Capital

708 hedge funds and large institutions have $3.74B invested in Ares Capital in 2023 Q4 according to their latest regulatory filings, with 105 funds opening new positions, 270 increasing their positions, 203 reducing their positions, and 41 closing their positions.

New
Increased
Maintained
Reduced
Closed

156% more first-time investments, than exits

New positions opened: 105 | Existing positions closed: 41

33% more repeat investments, than reductions

Existing positions increased: 270 | Existing positions reduced: 203

15% more capital invested

Capital invested by funds: $3.25B → $3.74B (+$489M)

14% more funds holding in top 10

Funds holding in top 10: 1416 (+2)

8% more funds holding

Funds holding: 655708 (+53)

2.82% more ownership

Funds ownership: 29.98%32.79% (+2.8%)

58% less call options, than puts

Call options by funds: $64.3M | Put options by funds: $153M

Holders
708
Holders Change
+53
Holders Change %
+8.09%
% of All Funds
10.32%
Holding in Top 10
16
Holding in Top 10 Change
+2
Holding in Top 10 Change %
+14.29%
% of All Funds
0.23%
New
105
Increased
270
Reduced
203
Closed
41
Calls
$64.3M
Puts
$153M
Net Calls
-$88.6M
Net Calls Change
-$12M
Name Holding Trade Value Shares
Change
Change in
Stake
HCM
101
Hilton Capital Management
New York
$5.22M +$7.68K +394 +0.2%
TA
102
Tectonic Advisors
Texas
$5.21M +$366K +18,743 +8%
Mariner
103
Mariner
Kansas
$5.2M -$719K -36,886 -12%
QT
104
Quantbot Technologies
New York
$5.17M +$4.49M +230,026 +819%
IFG
105
Independent Financial Group
California
$5.08M -$873K -44,763 -15%
Bank of New York Mellon
106
Bank of New York Mellon
New York
$5.07M -$9.96M -510,677 -67%
CCM
107
Callodine Capital Management
Massachusetts
$5.01M +$4.39M +225,000 +900%
CIC
108
Carnegie Investment Counsel
Ohio
$4.97M -$84.8K -4,350 -2%
ECM
109
ExodusPoint Capital Management
New York
$4.92M +$3.41M +175,047 +249%
CA
110
Cetera Advisors
Colorado
$4.89M +$332K +17,035 +7%
Corient Private Wealth
111
Corient Private Wealth
Florida
$4.89M -$116K -5,967 -2%
FIM
112
Fernwood Investment Management
Massachusetts
$4.89M -$96.9K -4,970 -2%
Allspring Global Investments
113
Allspring Global Investments
North Carolina
$4.89M +$53.2K +2,730 +1%
Cerity Partners
114
Cerity Partners
New York
$4.85M +$3.88M +199,029 +462%
FCMA
115
Foresight Capital Management Advisors
Michigan
$4.83M +$4.7M +241,062 New
Pathstone Holdings
116
Pathstone Holdings
New Jersey
$4.78M +$4.66M +238,742 New
GFL
117
Granite FO LLC
New Hampshire
$4.77M
PAG
118
Private Advisor Group
New Jersey
$4.72M -$1.01M -51,833 -18%
State of Tennessee, Department of Treasury
119
State of Tennessee, Department of Treasury
Tennessee
$4.65M +$3.01M +154,200 +197%
BA
120
Baugh & Associates
Georgia
$4.65M -$46.2K -2,370 -1%
NEAM
121
New England Asset Management
Connecticut
$4.52M
SW
122
SlateStone Wealth
Florida
$4.43M +$234K +12,003 +6%
KAS
123
Kestra Advisory Services
Texas
$4.42M +$150K +7,704 +4%
MCP
124
Mirador Capital Partners
California
$4.33M +$120K +6,176 +3%
PI
125
Putnam Investments
Massachusetts
$4.23M +$844K +43,285 +26%

ARCC Hedge Fund Activity: Q4 2023 in Review

708 of the 6,859 institutional investors tracked by Wall St. Rank reported a position in Ares Capital (ARCC) for Q4 2023, worth a combined $3.74B — up 15% from $3.25B a quarter earlier.

Buyers outnumbered sellers: 105 funds opened new ARCC positions and 41 closed out — a net gain of 64 holders — while 270 added to existing stakes and 203 trimmed.

The largest buyer was Morgan Stanley, adding an estimated $301M. The largest seller was Royal Bank of Canada, cutting an estimated $17.5M.

  • 708 institutional investors held Ares Capital (ARCC) as of Q4 2023, up from 655 in Q3 2023.
  • Funds reported $3.74B of Ares Capital stock for Q4 2023, up 15% quarter-over-quarter.
  • 105 funds opened new Ares Capital positions in Q4 2023 and 41 closed out, a net change of +64 holders.
  • The largest Ares Capital buyer in Q4 2023 was Morgan Stanley, an estimated $301M added.
  • The largest Ares Capital seller in Q4 2023 was Royal Bank of Canada, an estimated $17.5M sold.

Based on aggregated 13F filings for Q4 2023.