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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
SWA
126
SFMG Wealth Advisors
Texas
$3.15M +$246K +14,850 +8%
STB
127
S&T Bank
Pennsylvania
$3.06M -$78.4K -4,737 -2%
CAM
128
Cubic Asset Management
Massachusetts
$3.05M +$183K +11,083 +6%
BA
129
Baugh & Associates
Georgia
$3.04M +$29.3K +1,771 +0.9%
Northern Trust
130
Northern Trust
Illinois
$3.04M -$103K -6,203 -3%
CIBC Private Wealth Group
131
CIBC Private Wealth Group
Georgia
$2.74M +$66.3K +4,009 +2%
BNP Paribas Financial Markets
132
BNP Paribas Financial Markets
France
$2.7M +$2.74M +165,786 +2,215%
VWM
133
Venturi Wealth Management
Texas
$2.61M +$165K +9,944 +6%
Envestnet Asset Management
134
Envestnet Asset Management
Illinois
$2.59M +$2.38M +143,715 +634%
CC
135
Cipher Capital
New York
$2.52M +$2.26M +136,779 +541%
SI
136
Stephens Inc
Arkansas
$2.5M +$455K +27,502 +21%
AA
137
Ancora Advisors
Ohio
$2.4M -$67.8K -4,101 -3%
Public Sector Pension Investment Board (PSP Investments)
138
Public Sector Pension Investment Board (PSP Investments)
Quebec, Canada
$2.37M +$2.51M +151,955 New
M&T Bank
139
M&T Bank
New York
$2.37M +$290K +17,545 +13%
PAM
140
PVG Asset Management
Colorado
$2.31M +$2.46M +148,500 New
PRS
141
Pinkerton Retirement Specialists
Idaho
$2.23M +$21.2K +1,283 +0.9%
CP
142
Camelot Portfolios
Ohio
$2.22M -$1.23M -74,054 -34%
LCH
143
Lee Capital Holdings
New York
$2.18M +$662K +40,000 +40%
Comerica Bank
144
Comerica Bank
Texas
$2.13M -$13.4M -811,018 -86%
BP
145
BBR Partners
New York
$2.08M +$672K +40,647 +44%
WP
146
WealthPLAN Partners
Nebraska
$2.05M +$314K +18,997 +19%
DM
147
Delphi Management
Massachusetts
$1.99M -$126K -7,609 -6%
WIA
148
Westbourne Investment Advisors
Maryland
$1.99M -$102K -6,150 -5%
FI
149
Fosun International
China
$1.99M +$1.49M +90,000 +233%
WB
150
Wilks Brothers
Texas
$1.96M

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.