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Ares Capital

334 hedge funds and large institutions have $2.53B invested in Ares Capital in 2015 Q2 according to their latest regulatory filings, with 29 funds opening new positions, 123 increasing their positions, 119 reducing their positions, and 32 closing their positions.

New
Increased
Maintained
Reduced
Closed

3% more repeat investments, than reductions

Existing positions increased: 123 | Existing positions reduced: 119

0% more funds holding in top 10

Funds holding in top 10: 1616 (0)

6% less call options, than puts

Call options by funds: $4.75M | Put options by funds: $5.04M

9% less first-time investments, than exits

New positions opened: 29 | Existing positions closed: 32

2% less funds holding

Funds holding: 341334 (-7)

8% less capital invested

Capital invested by funds: $2.74B → $2.53B (-$209M)

Holders
334
Holders Change
-7
Holders Change %
-2.05%
% of All Funds
9%
Holding in Top 10
16
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.43%
New
29
Increased
123
Reduced
119
Closed
32
Calls
$4.75M
Puts
$5.04M
Net Calls
-$286K
Net Calls Change
-$1.96M
Name Holding Trade Value Shares
Change
Change in
Stake
TIM
1
Thornburg Investment Management
New Mexico
$214M +$18.8M +1,125,010 +9%
Fidelity Investments
2
Fidelity Investments
Massachusetts
$207M -$4.32M -258,439 -2%
Ameriprise
3
Ameriprise
Minnesota
$106M +$12.6M +751,673 +13%
Morgan Stanley
4
Morgan Stanley
New York
$93.9M +$3.54M +212,284 +4%
UBS Group
5
UBS Group
Switzerland
$93.8M -$1.82M -108,789 -2%
VNIM
6
Vaughan Nelson Investment Management
Texas
$84.7M +$9.96M +596,750 +13%
ClearBridge Investments
7
ClearBridge Investments
New York
$65M -$10.8M -645,050 -14%
BAM
8
Burgundy Asset Management
Ontario, Canada
$62.4M -$748K -44,791 -1%
LCP
9
Lombardia Capital Partners
California
$57.8M +$7.5M +449,188 +15%
Wells Fargo
10
Wells Fargo
California
$56.7M -$2.52M -150,962 -4%
T. Rowe Price Associates
11
T. Rowe Price Associates
Maryland
$56.6M -$17.9M -1,070,740 -24%
CIM
12
Confluence Investment Management
Missouri
$50.8M +$2.49M +149,263 +5%
Comerica Bank
13
Comerica Bank
Texas
$49M +$24.5M +1,469,192 +98%
DFG
14
Delphi Financial Group
Delaware
$47M
MHI
15
Miller Howard Investments
New York
$46.6M -$15.8M -943,783 -25%
Goldman Sachs
16
Goldman Sachs
New York
$46.5M +$26.3K +1,575 +0.1%
EAM
17
Edge Asset Management
Washington
$42.6M -$16.9M -1,013,796 -28%
Janus Henderson Group
18
Janus Henderson Group
United Kingdom
$33M
Invesco
19
Invesco
Georgia
$29.5M +$899K +53,826 +3%
Bank of New York Mellon
20
Bank of New York Mellon
New York
$29M -$314K -18,787 -1%
BG
21
BlackRock Group
United Kingdom
$28.6M -$916K -54,880 -3%
Bank of America
22
Bank of America
North Carolina
$28M +$985K +58,967 +4%
Schroder Investment Management Group
23
Schroder Investment Management Group
United Kingdom
$27M +$3.58M +214,634 +15%
Loomis, Sayles & Company
24
Loomis, Sayles & Company
Massachusetts
$25.4M -$1.74K -104 -0%
MC
25
Muzinich & Co
New York
$24.4M +$387K +23,189 +2%

ARCC Hedge Fund Activity: Q2 2015 in Review

334 of the 3,711 institutional investors tracked by Wall St. Rank reported a position in Ares Capital (ARCC) for Q2 2015, worth a combined $2.53B — down 7.6% from $2.74B a quarter earlier.

Sellers outnumbered buyers: 32 funds closed out of ARCC and 29 opened new positions — a net loss of 3 holders — while 119 trimmed existing stakes and 123 added.

The largest buyer was Comerica Bank, adding an estimated $24.5M. The largest seller was Clough Capital Partners, cutting an estimated $18.6M.

  • 334 institutional investors held Ares Capital (ARCC) as of Q2 2015, down from 341 in Q1 2015.
  • Funds reported $2.53B of Ares Capital stock for Q2 2015, down 7.6% quarter-over-quarter.
  • 29 funds opened new Ares Capital positions in Q2 2015 and 32 closed out, a net change of -3 holders.
  • The largest Ares Capital buyer in Q2 2015 was Comerica Bank, an estimated $24.5M added.
  • The largest Ares Capital seller in Q2 2015 was Clough Capital Partners, an estimated $18.6M sold.

Based on aggregated 13F filings for Q2 2015.