Ares Capital
ARCC
708 hedge funds and large institutions have $3.74B invested in Ares Capital in 2023 Q4 according to their latest regulatory filings, with 105 funds opening new positions, 270 increasing their positions, 203 reducing their positions, and 41 closing their positions.
156% more first-time investments, than exits
New positions opened: 105 | Existing positions closed: 41
33% more repeat investments, than reductions
Existing positions increased: 270 | Existing positions reduced: 203
15% more capital invested
Capital invested by funds: $3.25B → $3.74B (+$489M)
14% more funds holding in top 10
Funds holding in top 10: 14 → 16 (+2)
8% more funds holding
Funds holding: 655 → 708 (+53)
2.82% more ownership
Funds ownership: 29.98% → 32.79% (+2.8%)
58% less call options, than puts
Call options by funds: $64.3M | Put options by funds: $153M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$301M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
+$19.4M |
| 3 |
Citadel Advisors
Miami,
Florida
|
+$18.6M |
| 4 |
VanEck Associates
New York
|
+$16.4M |
| 5 |
UBS Group
Zurich,
Switzerland
|
+$13.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$17.5M |
| 2 |
Northern Trust
Chicago,
Illinois
|
-$14.5M |
| 3 |
Tudor Investment Corp
Stamford,
Connecticut
|
-$10.6M |
| 4 |
Bank of New York Mellon
New York
|
-$9.96M |
| 5 |
Osaic Holdings
Scottsdale,
Arizona
|
-$9.52M |
ARCC Hedge Fund Activity: Q4 2023 in Review
708 of the 6,859 institutional investors tracked by Wall St. Rank reported a position in Ares Capital (ARCC) for Q4 2023, worth a combined $3.74B — up 15% from $3.25B a quarter earlier.
Buyers outnumbered sellers: 105 funds opened new ARCC positions and 41 closed out — a net gain of 64 holders — while 270 added to existing stakes and 203 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $301M. The largest seller was Royal Bank of Canada, cutting an estimated $17.5M.
- 708 institutional investors held Ares Capital (ARCC) as of Q4 2023, up from 655 in Q3 2023.
- Funds reported $3.74B of Ares Capital stock for Q4 2023, up 15% quarter-over-quarter.
- 105 funds opened new Ares Capital positions in Q4 2023 and 41 closed out, a net change of +64 holders.
- The largest Ares Capital buyer in Q4 2023 was Morgan Stanley, an estimated $301M added.
- The largest Ares Capital seller in Q4 2023 was Royal Bank of Canada, an estimated $17.5M sold.
Based on aggregated 13F filings for Q4 2023.