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Ares Capital

355 hedge funds and large institutions have $2.22B invested in Ares Capital in 2016 Q2 according to their latest regulatory filings, with 39 funds opening new positions, 145 increasing their positions, 108 reducing their positions, and 30 closing their positions.

New
Increased
Maintained
Reduced
Closed

34% more repeat investments, than reductions

Existing positions increased: 145 | Existing positions reduced: 108

30% more first-time investments, than exits

New positions opened: 39 | Existing positions closed: 30

23% more funds holding in top 10

Funds holding in top 10: 1316 (+3)

2% more funds holding

Funds holding: 349355 (+6)

3% more capital invested

Capital invested by funds: $2.16B → $2.22B (+$63.7M)

65% less call options, than puts

Call options by funds: $15.9M | Put options by funds: $45.2M

Holders
355
Holders Change
+6
Holders Change %
+1.72%
% of All Funds
9.47%
Holding in Top 10
16
Holding in Top 10 Change
+3
Holding in Top 10 Change %
+23.08%
% of All Funds
0.43%
New
39
Increased
145
Reduced
108
Closed
30
Calls
$15.9M
Puts
$45.2M
Net Calls
-$29.2M
Net Calls Change
-$11.3M
Name Holding Trade Value Shares
Change
Change in
Stake
TIM
1
Thornburg Investment Management
New Mexico
$217M -$174K -11,719 -0.1%
Fidelity Investments
2
Fidelity Investments
Massachusetts
$127M +$847K +57,085 +0.6%
Ameriprise
3
Ameriprise
Minnesota
$115M -$3.83M -257,842 -3%
VNIM
4
Vaughan Nelson Investment Management
Texas
$83.4M +$10.7M +719,550 +14%
Morgan Stanley
5
Morgan Stanley
New York
$77.5M +$10.1M +681,183 +14%
UBS Group
6
UBS Group
Switzerland
$55.1M +$5.49M +370,204 +11%
CIM
7
Confluence Investment Management
Missouri
$54.5M +$4.03M +271,329 +8%
Janus Henderson Group
8
Janus Henderson Group
United Kingdom
$47.7M +$2.49M +167,595 +5%
DFG
9
Delphi Financial Group
Delaware
$47.4M +$1.48M +100,000 +3%
Wells Fargo
10
Wells Fargo
California
$47.1M +$10.2M +685,129 +26%
Bank of Montreal
11
Bank of Montreal
Ontario, Canada
$45.5M +$10.7M +720,122 +29%
EAM
12
Edge Asset Management
Washington
$40.1M +$4.22M +284,081 +11%
CCP
13
Clough Capital Partners
Massachusetts
$37M +$9.1M +613,200 +31%
ClearBridge Investments
14
ClearBridge Investments
New York
$34.7M
Bank of America
15
Bank of America
North Carolina
$34.5M +$517K +34,820 +1%
BAM
16
Burgundy Asset Management
Ontario, Canada
$33.1M -$20.5M -1,384,682 -37%
State of New Jersey Common Pension Fund D
17
State of New Jersey Common Pension Fund D
New Jersey
$27M +$16.3M +1,100,000 +138%
Two Sigma Investments
18
Two Sigma Investments
New York
$26.4M +$7.28M +490,889 +36%
LCP
19
LGT Capital Partners
Switzerland
$26.1M +$13.7M +920,000 New
LCP
20
Lombardia Capital Partners
California
$25M -$11.3M -763,102 -30%
Toronto Dominion Bank
21
Toronto Dominion Bank
Ontario, Canada
$24M +$12.5M +842,000 +99%
Bank of New York Mellon
22
Bank of New York Mellon
New York
$22.8M -$499K -33,604 -2%
JVBC
23
J.V. Bruni & Co
Colorado
$22.5M +$4.1M +276,360 +21%
Principal Financial Group
24
Principal Financial Group
Iowa
$22.3M +$997K +67,202 +4%
MC
25
Muzinich & Co
New York
$19.8M -$1.24M -83,629 -6%

ARCC Hedge Fund Activity: Q2 2016 in Review

355 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in Ares Capital (ARCC) for Q2 2016, worth a combined $2.22B — up 3% from $2.16B a quarter earlier.

Buyers outnumbered sellers: 39 funds opened new ARCC positions and 30 closed out — a net gain of 9 holders — while 145 added to existing stakes and 108 trimmed.

The largest buyer was State of New Jersey Common Pension Fund D, adding an estimated $16.3M. The largest seller was Burgundy Asset Management, cutting an estimated $20.5M.

  • 355 institutional investors held Ares Capital (ARCC) as of Q2 2016, up from 349 in Q1 2016.
  • Funds reported $2.22B of Ares Capital stock for Q2 2016, up 3% quarter-over-quarter.
  • 39 funds opened new Ares Capital positions in Q2 2016 and 30 closed out, a net change of +9 holders.
  • The largest Ares Capital buyer in Q2 2016 was State of New Jersey Common Pension Fund D, an estimated $16.3M added.
  • The largest Ares Capital seller in Q2 2016 was Burgundy Asset Management, an estimated $20.5M sold.

Based on aggregated 13F filings for Q2 2016.