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Ares Capital

488 hedge funds and large institutions have $1.99B invested in Ares Capital in 2020 Q2 according to their latest regulatory filings, with 53 funds opening new positions, 159 increasing their positions, 185 reducing their positions, and 70 closing their positions.

New
Increased
Maintained
Reduced
Closed

32% more capital invested

Capital invested by funds: $1.52B → $1.99B (+$477M)

4% more call options, than puts

Call options by funds: $42.2M | Put options by funds: $40.4M

0.16% more ownership

Funds ownership: 32.68%32.84% (+0.16%)

0% more funds holding in top 10

Funds holding in top 10: 1111 (0)

4% less funds holding

Funds holding: 510488 (-22)

14% less repeat investments, than reductions

Existing positions increased: 159 | Existing positions reduced: 185

24% less first-time investments, than exits

New positions opened: 53 | Existing positions closed: 70

Holders
488
Holders Change
-22
Holders Change %
-4.31%
% of All Funds
10.01%
Holding in Top 10
11
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.23%
New
53
Increased
159
Reduced
185
Closed
70
Calls
$42.2M
Puts
$40.4M
Net Calls
+$1.74M
Net Calls Change
+$23.1M
Name Holding Trade Value Shares
Change
Change in
Stake
Morgan Stanley
1
Morgan Stanley
New York
$139M +$15.5M +1,151,478 +14%
Royal Bank of Canada
2
Royal Bank of Canada
Ontario, Canada
$112M +$12.4M +918,873 +13%
OAC
3
OMERS Administration Corp
Ontario, Canada
$69.2M
CIM
4
Confluence Investment Management
Missouri
$65.6M -$1.65M -122,027 -3%
Wells Fargo
5
Wells Fargo
California
$59.7M -$3.86M -285,786 -6%
Arrowstreet Capital
6
Arrowstreet Capital
Massachusetts
$55.9M +$21.3M +1,576,390 +69%
Ameriprise
7
Ameriprise
Minnesota
$52.6M +$2.52M +186,947 +5%
Legal & General Group
8
Legal & General Group
United Kingdom
$47M +$6.7M +496,510 +18%
Lord, Abbett & Co
9
Lord, Abbett & Co
New Jersey
$42.7M -$1.45M -107,546 -4%
Bank of America
10
Bank of America
North Carolina
$41M +$7M +518,498 +22%
UBS Group
11
UBS Group
Switzerland
$36.3M +$4.69M +347,363 +16%
VNIM
12
Vaughan Nelson Investment Management
Texas
$35.1M -$777K -57,600 -2%
CIM
13
CCLA Investment Management
United Kingdom
$32.7M +$30.5M +2,264,213 New
VanEck Associates
14
VanEck Associates
New York
$32.4M -$2.94M -217,643 -9%
JVBC
15
J.V. Bruni & Co
Colorado
$31.7M +$3.78M +279,978 +15%
MC
16
Muzinich & Co
New York
$30.5M -$2.57M -190,463 -8%
Sumitomo Mitsui Trust Group
17
Sumitomo Mitsui Trust Group
Japan
$30.3M -$2.34M -173,361 -8%
1832 Asset Management
18
1832 Asset Management
Ontario, Canada
$27.1M -$88K -6,523 -0.3%
LCP
19
LGT Capital Partners
Switzerland
$26.5M +$1.59M +118,000 +7%
Baillie Gifford & Co
20
Baillie Gifford & Co
United Kingdom
$26.4M +$24.6M +1,824,870 New
D.E. Shaw & Co
21
D.E. Shaw & Co
New York
$26.3M -$18M -1,333,367 -42%
LSV Asset Management
22
LSV Asset Management
Illinois
$24.9M -$1.2M -88,872 -5%
SI
23
Stephens Inc
Arkansas
$24M +$20.5M +1,520,623 +1,106%
FIM
24
Frontier Investment Management
Texas
$23.1M +$2.5M +185,593 +13%
SIS
25
Sound Income Strategies
Florida
$23M -$2.53M -187,571 -11%

ARCC Hedge Fund Activity: Q2 2020 in Review

488 of the 4,877 institutional investors tracked by Wall St. Rank reported a position in Ares Capital (ARCC) for Q2 2020, worth a combined $1.99B — up 32% from $1.52B a quarter earlier.

Sellers outnumbered buyers: 70 funds closed out of ARCC and 53 opened new positions — a net loss of 17 holders — while 185 trimmed existing stakes and 159 added.

The largest buyer was Baillie Gifford & Co, opening a new position worth an estimated $24.6M. The largest seller was Bank of Montreal, cutting an estimated $24.6M.

  • 488 institutional investors held Ares Capital (ARCC) as of Q2 2020, down from 510 in Q1 2020.
  • Funds reported $1.99B of Ares Capital stock for Q2 2020, up 32% quarter-over-quarter.
  • 53 funds opened new Ares Capital positions in Q2 2020 and 70 closed out, a net change of -17 holders.
  • The largest Ares Capital buyer in Q2 2020 was Baillie Gifford & Co, an estimated $24.6M added.
  • The largest Ares Capital seller in Q2 2020 was Bank of Montreal, an estimated $24.6M sold.

Based on aggregated 13F filings for Q2 2020.