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Ares Capital

348 hedge funds and large institutions have $2.36B invested in Ares Capital in 2015 Q3 according to their latest regulatory filings, with 44 funds opening new positions, 122 increasing their positions, 122 reducing their positions, and 26 closing their positions.

New
Increased
Maintained
Reduced
Closed

69% more first-time investments, than exits

New positions opened: 44 | Existing positions closed: 26

4% more funds holding

Funds holding: 334348 (+14)

0% more repeat investments, than reductions

Existing positions increased: 122 | Existing positions reduced: 122

7% less capital invested

Capital invested by funds: $2.53B → $2.36B (-$169M)

19% less funds holding in top 10

Funds holding in top 10: 1613 (-3)

49% less call options, than puts

Call options by funds: $6.63M | Put options by funds: $12.9M

Holders
348
Holders Change
+14
Holders Change %
+4.19%
% of All Funds
9.72%
Holding in Top 10
13
Holding in Top 10 Change
-3
Holding in Top 10 Change %
-18.75%
% of All Funds
0.36%
New
44
Increased
122
Reduced
122
Closed
26
Calls
$6.63M
Puts
$12.9M
Net Calls
-$6.26M
Net Calls Change
-$5.98M
Name Holding Trade Value Shares
Change
Change in
Stake
TIM
1
Thornburg Investment Management
New Mexico
$197M +$9.11M +580,277 +4%
LTI
2
Laffer Tengler Investments
Tennessee
$183M -$189K -12,041 Closed
Fidelity Investments
3
Fidelity Investments
Massachusetts
$169M -$14.5M -926,253 -7%
Ameriprise
4
Ameriprise
Minnesota
$98.7M +$6.16M +392,704 +6%
Morgan Stanley
5
Morgan Stanley
New York
$96.3M +$14.9M +948,619 +17%
UBS Group
6
UBS Group
Switzerland
$74.3M -$8.96M -571,083 -10%
VNIM
7
Vaughan Nelson Investment Management
Texas
$57.1M -$18.8M -1,200,900 -23%
BAM
8
Burgundy Asset Management
Ontario, Canada
$53M -$1.98M -126,192 -3%
Wells Fargo
9
Wells Fargo
California
$50.2M +$277K +17,642 +0.5%
Goldman Sachs
10
Goldman Sachs
New York
$47.9M +$7.65M +487,585 +17%
CIM
11
Confluence Investment Management
Missouri
$46.6M +$2.08M +132,368 +4%
ClearBridge Investments
12
ClearBridge Investments
New York
$46.1M -$12M -765,150 -19%
DFG
13
Delphi Financial Group
Delaware
$40.6M -$785K -50,000 -2%
MHI
14
Miller Howard Investments
New York
$39.5M -$1.68M -107,297 -4%
LCP
15
Lombardia Capital Partners
California
$38.9M -$12.9M -822,948 -23%
EAM
16
Edge Asset Management
Washington
$37.3M -$205K -13,067 -0.5%
Janus Henderson Group
17
Janus Henderson Group
United Kingdom
$35.6M +$7.2M +458,827 +23%
Bank of America
18
Bank of America
North Carolina
$33.9M +$10M +639,898 +38%
Bank of New York Mellon
19
Bank of New York Mellon
New York
$25M -$525K -33,447 -2%
Schroder Investment Management Group
20
Schroder Investment Management Group
United Kingdom
$24.4M +$455K +29,000 +2%
Invesco
21
Invesco
Georgia
$23.9M -$2.22M -141,198 -8%
T. Rowe Price Associates
22
T. Rowe Price Associates
Maryland
$22.3M -$29.7M -1,894,860 -55%
Loomis, Sayles & Company
23
Loomis, Sayles & Company
Massachusetts
$22M -$368K -23,482 -2%
NSCM
24
New South Capital Management
Tennessee
$21.2M +$1.45M +92,326 +7%
VLKIM
25
Van Lanschot Kempen Investment Management
Netherlands
$21M +$2.77M +176,600 +14%

ARCC Hedge Fund Activity: Q3 2015 in Review

348 of the 3,582 institutional investors tracked by Wall St. Rank reported a position in Ares Capital (ARCC) for Q3 2015, worth a combined $2.36B — down 6.7% from $2.53B a quarter earlier.

Buyers outnumbered sellers: 44 funds opened new ARCC positions and 26 closed out — a net gain of 18 holders — while 122 added to existing stakes and 122 trimmed.

The largest buyer was ALPS Advisors, opening a new position worth an estimated $25.5M. The largest seller was T. Rowe Price Associates, cutting an estimated $29.7M.

  • 348 institutional investors held Ares Capital (ARCC) as of Q3 2015, up from 334 in Q2 2015.
  • Funds reported $2.36B of Ares Capital stock for Q3 2015, down 6.7% quarter-over-quarter.
  • 44 funds opened new Ares Capital positions in Q3 2015 and 26 closed out, a net change of +18 holders.
  • The largest Ares Capital buyer in Q3 2015 was ALPS Advisors, an estimated $25.5M added.
  • The largest Ares Capital seller in Q3 2015 was T. Rowe Price Associates, an estimated $29.7M sold.

Based on aggregated 13F filings for Q3 2015.