Ares Capital
ARCC
490 hedge funds and large institutions have $2.68B invested in Ares Capital in 2019 Q1 according to their latest regulatory filings, with 64 funds opening new positions, 184 increasing their positions, 144 reducing their positions, and 35 closing their positions.
83% more first-time investments, than exits
New positions opened: 64 | Existing positions closed: 35
28% more repeat investments, than reductions
Existing positions increased: 184 | Existing positions reduced: 144
20% more call options, than puts
Call options by funds: $64.2M | Put options by funds: $53.5M
14% more funds holding in top 10
Funds holding in top 10: 14 → 16 (+2)
4% more funds holding
Funds holding: 469 → 490 (+21)
3% more capital invested
Capital invested by funds: $2.6B → $2.68B (+$87.3M)
1.79% less ownership
Funds ownership: 39.33% → 37.54% (-1.8%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
D.E. Shaw & Co
New York
|
+$32.5M |
| 2 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$20.2M |
| 3 |
Skandinaviska Enskilda Banken (SEB)
Stockholm,
Sweden
|
+$16.9M |
| 4 |
JP Morgan Chase
New York
|
+$8.2M |
| 5 |
LSV Asset Management
Chicago,
Illinois
|
+$6.54M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VNIM
Vaughan Nelson Investment Management
Houston,
Texas
|
-$68M |
| 2 |
AM
Ares Management
Los Angeles,
California
|
-$32.1M |
| 3 |
Alyeska Investment Group
Chicago,
Illinois
|
-$27.3M |
| 4 |
Ninety One (UK)
London,
United Kingdom
|
-$20.9M |
| 5 |
VLKIM
Van Lanschot Kempen Investment Management
Amsterdam,
Netherlands
|
-$18.5M |
ARCC Hedge Fund Activity: Q1 2019 in Review
490 of the 4,620 institutional investors tracked by Wall St. Rank reported a position in Ares Capital (ARCC) for Q1 2019, worth a combined $2.68B — up 3.4% from $2.6B a quarter earlier.
Buyers outnumbered sellers: 64 funds opened new ARCC positions and 35 closed out — a net gain of 29 holders — while 184 added to existing stakes and 144 trimmed.
The largest buyer was D.E. Shaw & Co, adding an estimated $32.5M. The largest seller was Vaughan Nelson Investment Management, cutting an estimated $68M.
- 490 institutional investors held Ares Capital (ARCC) as of Q1 2019, up from 469 in Q4 2018.
- Funds reported $2.68B of Ares Capital stock for Q1 2019, up 3.4% quarter-over-quarter.
- 64 funds opened new Ares Capital positions in Q1 2019 and 35 closed out, a net change of +29 holders.
- The largest Ares Capital buyer in Q1 2019 was D.E. Shaw & Co, an estimated $32.5M added.
- The largest Ares Capital seller in Q1 2019 was Vaughan Nelson Investment Management, an estimated $68M sold.
Based on aggregated 13F filings for Q1 2019.