Ares Capital
ARCC
341 hedge funds and large institutions have $2.71B invested in Ares Capital in 2013 Q4 according to their latest regulatory filings, with 59 funds opening new positions, 149 increasing their positions, 85 reducing their positions, and 25 closing their positions.
136% more first-time investments, than exits
New positions opened: 59 | Existing positions closed: 25
75% more repeat investments, than reductions
Existing positions increased: 149 | Existing positions reduced: 85
61% more call options, than puts
Call options by funds: $14.7M | Put options by funds: $9.14M
9% more funds holding
Funds holding: 312 → 341 (+29)
18% less capital invested
Capital invested by funds: $3.31B → $2.71B (-$599M)
25% less funds holding in top 10
Funds holding in top 10: 16 → 12 (-4)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Ameriprise
Minneapolis,
Minnesota
|
+$21.8M |
| 2 |
TIM
Thornburg Investment Management
Santa Fe,
New Mexico
|
+$20.8M |
| 3 |
Two Sigma Advisers
New York
|
+$13M |
| 4 |
Two Sigma Investments
New York
|
+$7.99M |
| 5 |
U
UBS
Zurich,
Switzerland
|
+$6.94M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BNP Paribas Financial Markets
Paris,
France
|
-$132M |
| 2 |
AM
Ares Management
Los Angeles,
California
|
-$49.4M |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
-$13.3M |
| 4 |
TCM
Tegean Capital Management
New York
|
-$10.4M |
| 5 |
Toronto Dominion Bank
Toronto, Ontario,
Ontario, Canada
|
-$9.78M |
ARCC Hedge Fund Activity: Q4 2013 in Review
341 of the 3,459 institutional investors tracked by Wall St. Rank reported a position in Ares Capital (ARCC) for Q4 2013, worth a combined $2.71B — down 18% from $3.31B a quarter earlier.
Buyers outnumbered sellers: 59 funds opened new ARCC positions and 25 closed out — a net gain of 34 holders — while 149 added to existing stakes and 85 trimmed.
The largest buyer was Ameriprise, adding an estimated $21.8M. The largest seller was BNP Paribas Financial Markets, cutting an estimated $132M.
- 341 institutional investors held Ares Capital (ARCC) as of Q4 2013, up from 312 in Q3 2013.
- Funds reported $2.71B of Ares Capital stock for Q4 2013, down 18% quarter-over-quarter.
- 59 funds opened new Ares Capital positions in Q4 2013 and 25 closed out, a net change of +34 holders.
- The largest Ares Capital buyer in Q4 2013 was Ameriprise, an estimated $21.8M added.
- The largest Ares Capital seller in Q4 2013 was BNP Paribas Financial Markets, an estimated $132M sold.
Based on aggregated 13F filings for Q4 2013.