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Ares Capital

488 hedge funds and large institutions have $2.78B invested in Ares Capital in 2019 Q2 according to their latest regulatory filings, with 55 funds opening new positions, 180 increasing their positions, 145 reducing their positions, and 49 closing their positions.

New
Increased
Maintained
Reduced
Closed

24% more repeat investments, than reductions

Existing positions increased: 180 | Existing positions reduced: 145

12% more first-time investments, than exits

New positions opened: 55 | Existing positions closed: 49

6% more funds holding in top 10

Funds holding in top 10: 1617 (+1)

4% more capital invested

Capital invested by funds: $2.68B → $2.78B (+$97.5M)

0% less funds holding

Funds holding: 490488 (-2)

1.14% less ownership

Funds ownership: 37.54%36.39% (-1.1%)

37% less call options, than puts

Call options by funds: $36.9M | Put options by funds: $58.1M

Holders
488
Holders Change
-2
Holders Change %
-0.41%
% of All Funds
10.6%
Holding in Top 10
17
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+6.25%
% of All Funds
0.37%
New
55
Increased
180
Reduced
145
Closed
49
Calls
$36.9M
Puts
$58.1M
Net Calls
-$21.2M
Net Calls Change
-$31.9M
Name Holding Trade Value Shares
Change
Change in
Stake
TIM
1
Thornburg Investment Management
New Mexico
$285M
Royal Bank of Canada
2
Royal Bank of Canada
Ontario, Canada
$128M +$4.55M +257,390 +4%
Morgan Stanley
3
Morgan Stanley
New York
$117M -$15.1M -856,114 -12%
D.E. Shaw & Co
4
D.E. Shaw & Co
New York
$99.6M -$2.74M -154,745 -3%
CIM
5
Confluence Investment Management
Missouri
$89.5M -$1.83M -103,158 -2%
Wells Fargo
6
Wells Fargo
California
$82M +$886K +50,082 +1%
OAC
7
OMERS Administration Corp
Ontario, Canada
$62.6M +$4.89M +276,401 +9%
Ameriprise
8
Ameriprise
Minnesota
$59.4M +$744K +42,040 +1%
MC
9
Muzinich & Co
New York
$59.2M -$5.04M -284,768 -8%
Bank of America
10
Bank of America
North Carolina
$51.5M -$15K -845 -0%
VNIM
11
Vaughan Nelson Investment Management
Texas
$48.3M +$5.51M +311,400 +13%
UBS Group
12
UBS Group
Switzerland
$47.7M +$4.68M +264,632 +11%
VanEck Associates
13
VanEck Associates
New York
$42.3M +$1.15M +64,715 +3%
1832 Asset Management
14
1832 Asset Management
Ontario, Canada
$42.2M -$6.15M -347,600 -13%
Legal & General Group
15
Legal & General Group
United Kingdom
$39.1M +$838K +47,378 +2%
JVBC
16
J.V. Bruni & Co
Colorado
$36.1M -$7.19M -406,536 -17%
JP Morgan Chase
17
JP Morgan Chase
New York
$36M +$2.95M +166,918 +9%
Bank of Montreal
18
Bank of Montreal
Ontario, Canada
$32.8M +$955K +53,954 +3%
LCP
19
LGT Capital Partners
Switzerland
$30.5M -$2.3M -130,000 -7%
ACM
20
Advisors Capital Management
New Jersey
$30M +$966K +54,615 +3%
Two Sigma Investments
21
Two Sigma Investments
New York
$29.6M -$2.13M -120,478 -7%
Skandinaviska Enskilda Banken (SEB)
22
Skandinaviska Enskilda Banken (SEB)
Sweden
$29.3M -$458K -25,900 -2%
Brown Advisory
23
Brown Advisory
Maryland
$29.2M -$54.9K -3,100 -0.2%
Deutsche Bank
24
Deutsche Bank
Germany
$29.2M -$16.6M -938,999 -37%
Lord, Abbett & Co
25
Lord, Abbett & Co
New Jersey
$28.8M +$28.4M +1,604,167 New

ARCC Hedge Fund Activity: Q2 2019 in Review

488 of the 4,604 institutional investors tracked by Wall St. Rank reported a position in Ares Capital (ARCC) for Q2 2019, worth a combined $2.78B — up 3.6% from $2.68B a quarter earlier.

Buyers outnumbered sellers: 55 funds opened new ARCC positions and 49 closed out — a net gain of 6 holders — while 180 added to existing stakes and 145 trimmed.

The largest buyer was Lord, Abbett & Co, opening a new position worth an estimated $28.4M. The largest seller was Schroder Investment Management Group, exiting entirely with an estimated $21.3M sold.

  • 488 institutional investors held Ares Capital (ARCC) as of Q2 2019, down from 490 in Q1 2019.
  • Funds reported $2.78B of Ares Capital stock for Q2 2019, up 3.6% quarter-over-quarter.
  • 55 funds opened new Ares Capital positions in Q2 2019 and 49 closed out, a net change of +6 holders.
  • The largest Ares Capital buyer in Q2 2019 was Lord, Abbett & Co, an estimated $28.4M added.
  • The largest Ares Capital seller in Q2 2019 was Schroder Investment Management Group, an estimated $21.3M sold.

Based on aggregated 13F filings for Q2 2019.