Ares Capital
ARCC
411 hedge funds and large institutions have $3.05B invested in Ares Capital in 2017 Q3 according to their latest regulatory filings, with 40 funds opening new positions, 156 increasing their positions, 130 reducing their positions, and 35 closing their positions.
20% more repeat investments, than reductions
Existing positions increased: 156 | Existing positions reduced: 130
14% more first-time investments, than exits
New positions opened: 40 | Existing positions closed: 35
1% less funds holding
Funds holding: 414 → 411 (-3)
3% less capital invested
Capital invested by funds: $3.14B → $3.05B (-$96.7M)
1.39% less ownership
Funds ownership: 45.05% → 43.65% (-1.4%)
25% less funds holding in top 10
Funds holding in top 10: 20 → 15 (-5)
93% less call options, than puts
Call options by funds: $3.72M | Put options by funds: $50.3M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$17.8M |
| 2 |
1832 Asset Management
Toronto,
Ontario, Canada
|
+$14.3M |
| 3 |
CS
Credit Suisse
Zurich,
Switzerland
|
+$14.2M |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$14M |
| 5 |
Citadel Advisors
Miami,
Florida
|
+$11.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
DFG
Delphi Financial Group
Wilmington,
Delaware
|
-$56.2M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
-$28.1M |
| 3 |
Alyeska Investment Group
Chicago,
Illinois
|
-$20.1M |
| 4 |
AA
ALPS Advisors
Denver,
Colorado
|
-$19.5M |
| 5 |
EM
Elliott Management
New York
|
-$18.3M |
ARCC Hedge Fund Activity: Q3 2017 in Review
411 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in Ares Capital (ARCC) for Q3 2017, worth a combined $3.05B — down 3.1% from $3.14B a quarter earlier.
Buyers outnumbered sellers: 40 funds opened new ARCC positions and 35 closed out — a net gain of 5 holders — while 156 added to existing stakes and 130 trimmed.
The largest buyer was Arrowstreet Capital, adding an estimated $17.8M. The largest seller was Delphi Financial Group, cutting an estimated $56.2M.
- 411 institutional investors held Ares Capital (ARCC) as of Q3 2017, down from 414 in Q2 2017.
- Funds reported $3.05B of Ares Capital stock for Q3 2017, down 3.1% quarter-over-quarter.
- 40 funds opened new Ares Capital positions in Q3 2017 and 35 closed out, a net change of +5 holders.
- The largest Ares Capital buyer in Q3 2017 was Arrowstreet Capital, an estimated $17.8M added.
- The largest Ares Capital seller in Q3 2017 was Delphi Financial Group, an estimated $56.2M sold.
Based on aggregated 13F filings for Q3 2017.