Ares Capital
ARCC
487 hedge funds and large institutions have $1.85B invested in Ares Capital in 2020 Q3 according to their latest regulatory filings, with 47 funds opening new positions, 177 increasing their positions, 169 reducing their positions, and 44 closing their positions.
7% more first-time investments, than exits
New positions opened: 47 | Existing positions closed: 44
5% more call options, than puts
Call options by funds: $37M | Put options by funds: $35.2M
5% more repeat investments, than reductions
Existing positions increased: 177 | Existing positions reduced: 169
0% more funds holding in top 10
Funds holding in top 10: 11 → 11 (0)
0% less funds holding
Funds holding: 488 → 487 (-1)
1.46% less ownership
Funds ownership: 32.84% → 31.38% (-1.5%)
8% less capital invested
Capital invested by funds: $2B → $1.85B (-$154M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$23.9M |
| 2 |
Two Sigma Investments
New York
|
+$13.5M |
| 3 |
CCP
Clough Capital Partners
Boston,
Massachusetts
|
+$12.5M |
| 4 |
Morgan Stanley
New York
|
+$11.5M |
| 5 |
CIM
CCLA Investment Management
London,
United Kingdom
|
+$8.25M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VNIM
Vaughan Nelson Investment Management
Houston,
Texas
|
-$35.1M |
| 2 |
D.E. Shaw & Co
New York
|
-$26.3M |
| 3 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$24.8M |
| 4 |
Natixis Advisors
Boston,
Massachusetts
|
-$15.6M |
| 5 |
State of Tennessee, Department of Treasury
Nashville,
Tennessee
|
-$14.5M |
ARCC Hedge Fund Activity: Q3 2020 in Review
487 of the 4,970 institutional investors tracked by Wall St. Rank reported a position in Ares Capital (ARCC) for Q3 2020, worth a combined $1.85B — down 7.7% from $2B a quarter earlier.
Buyers outnumbered sellers: 47 funds opened new ARCC positions and 44 closed out — a net gain of 3 holders — while 177 added to existing stakes and 169 trimmed.
The largest buyer was Royal Bank of Canada, adding an estimated $23.9M. The largest seller was Vaughan Nelson Investment Management, exiting entirely with an estimated $35.1M sold.
- 487 institutional investors held Ares Capital (ARCC) as of Q3 2020, down from 488 in Q2 2020.
- Funds reported $1.85B of Ares Capital stock for Q3 2020, down 7.7% quarter-over-quarter.
- 47 funds opened new Ares Capital positions in Q3 2020 and 44 closed out, a net change of +3 holders.
- The largest Ares Capital buyer in Q3 2020 was Royal Bank of Canada, an estimated $23.9M added.
- The largest Ares Capital seller in Q3 2020 was Vaughan Nelson Investment Management, an estimated $35.1M sold.
Based on aggregated 13F filings for Q3 2020.