Ares Capital
ARCC
510 hedge funds and large institutions have $1.52B invested in Ares Capital in 2020 Q1 according to their latest regulatory filings, with 73 funds opening new positions, 177 increasing their positions, 177 reducing their positions, and 75 closing their positions.
0% more repeat investments, than reductions
Existing positions increased: 177 | Existing positions reduced: 177
3% less first-time investments, than exits
New positions opened: 73 | Existing positions closed: 75
1% less funds holding
Funds holding: 517 → 510 (-7)
2.17% less ownership
Funds ownership: 34.85% → 32.68% (-2.2%)
39% less funds holding in top 10
Funds holding in top 10: 18 → 11 (-7)
45% less capital invested
Capital invested by funds: $2.77B → $1.52B (-$1.26B)
56% less call options, than puts
Call options by funds: $16.5M | Put options by funds: $37.9M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Sumitomo Mitsui Trust Group
Minato-Ku, Tokyo,
Japan
|
+$38.3M |
| 2 |
AMH
Apollo Management Holdings
New York
|
+$25.3M |
| 3 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$20.4M |
| 4 |
OAC
OMERS Administration Corp
Toronto,
Ontario, Canada
|
+$20M |
| 5 |
State of Tennessee, Department of Treasury
Nashville,
Tennessee
|
+$17M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TIM
Thornburg Investment Management
Santa Fe,
New Mexico
|
-$71.5M |
| 2 |
D.E. Shaw & Co
New York
|
-$33.6M |
| 3 |
Brown Advisory
Baltimore,
Maryland
|
-$25.1M |
| 4 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$21.2M |
| 5 |
CCP
Clough Capital Partners
Boston,
Massachusetts
|
-$20.2M |
ARCC Hedge Fund Activity: Q1 2020 in Review
510 of the 4,538 institutional investors tracked by Wall St. Rank reported a position in Ares Capital (ARCC) for Q1 2020, worth a combined $1.52B — down 45% from $2.77B a quarter earlier.
Sellers outnumbered buyers: 75 funds closed out of ARCC and 73 opened new positions — a net loss of 2 holders — while 177 trimmed existing stakes and 177 added.
The largest buyer was Sumitomo Mitsui Trust Group, opening a new position worth an estimated $38.3M. The largest seller was Thornburg Investment Management, cutting an estimated $71.5M.
- 510 institutional investors held Ares Capital (ARCC) as of Q1 2020, down from 517 in Q4 2019.
- Funds reported $1.52B of Ares Capital stock for Q1 2020, down 45% quarter-over-quarter.
- 73 funds opened new Ares Capital positions in Q1 2020 and 75 closed out, a net change of -2 holders.
- The largest Ares Capital buyer in Q1 2020 was Sumitomo Mitsui Trust Group, an estimated $38.3M added.
- The largest Ares Capital seller in Q1 2020 was Thornburg Investment Management, an estimated $71.5M sold.
Based on aggregated 13F filings for Q1 2020.