Ares Capital
ARCC
345 hedge funds and large institutions have $2.54B invested in Ares Capital in 2016 Q3 according to their latest regulatory filings, with 26 funds opening new positions, 155 increasing their positions, 95 reducing their positions, and 28 closing their positions.
63% more repeat investments, than reductions
Existing positions increased: 155 | Existing positions reduced: 95
14% more capital invested
Capital invested by funds: $2.22B → $2.54B (+$319M)
13% more funds holding in top 10
Funds holding in top 10: 16 → 18 (+2)
7% less first-time investments, than exits
New positions opened: 26 | Existing positions closed: 28
3% less funds holding
Funds holding: 355 → 345 (-10)
31% less call options, than puts
Call options by funds: $17.9M | Put options by funds: $26M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
State of New Jersey Common Pension Fund D
Trenton,
New Jersey
|
+$47.2M |
| 2 |
MC
Muzinich & Co
New York
|
+$33.9M |
| 3 |
AAMU
Amundi Asset Management US
Boston,
Massachusetts
|
+$27.5M |
| 4 |
CWAM
Columbia Wanger Asset Management
Chicago,
Illinois
|
+$24.4M |
| 5 |
YMRC
Yorktown Management & Research Company
Forest,
Virginia
|
+$15.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Ameriprise
Minneapolis,
Minnesota
|
-$37.9M |
| 2 |
BAM
Burgundy Asset Management
Toronto,
Ontario, Canada
|
-$33.1M |
| 3 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$16.6M |
| 4 |
Citigroup
New York
|
-$16.5M |
| 5 |
LCP
Lombardia Capital Partners
Pasadena,
California
|
-$12.1M |
ARCC Hedge Fund Activity: Q3 2016 in Review
345 of the 3,759 institutional investors tracked by Wall St. Rank reported a position in Ares Capital (ARCC) for Q3 2016, worth a combined $2.54B — up 14% from $2.22B a quarter earlier.
Sellers outnumbered buyers: 28 funds closed out of ARCC and 26 opened new positions — a net loss of 2 holders — while 95 trimmed existing stakes and 155 added.
The largest buyer was State of New Jersey Common Pension Fund D, adding an estimated $47.2M. The largest seller was Ameriprise, cutting an estimated $37.9M.
- 345 institutional investors held Ares Capital (ARCC) as of Q3 2016, down from 355 in Q2 2016.
- Funds reported $2.54B of Ares Capital stock for Q3 2016, up 14% quarter-over-quarter.
- 26 funds opened new Ares Capital positions in Q3 2016 and 28 closed out, a net change of -2 holders.
- The largest Ares Capital buyer in Q3 2016 was State of New Jersey Common Pension Fund D, an estimated $47.2M added.
- The largest Ares Capital seller in Q3 2016 was Ameriprise, an estimated $37.9M sold.
Based on aggregated 13F filings for Q3 2016.