Ares Capital
ARCC
831 hedge funds and large institutions have $4.83B invested in Ares Capital in 2025 Q4 according to their latest regulatory filings, with 138 funds opening new positions, 296 increasing their positions, 254 reducing their positions, and 76 closing their positions.
82% more first-time investments, than exits
New positions opened: 138 | Existing positions closed: 76
17% more repeat investments, than reductions
Existing positions increased: 296 | Existing positions reduced: 254
6% more funds holding in top 10
Funds holding in top 10: 16 → 17 (+1)
5% more funds holding
Funds holding: 790 → 831 (+41)
1.27% more ownership
Funds ownership: 32.11% → 33.38% (+1.3%)
5% more capital invested
Capital invested by funds: $4.62B → $4.83B (+$213M)
57% less call options, than puts
Call options by funds: $73.1M | Put options by funds: $171M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
+$113M |
| 2 |
UBS Group
Zurich,
Switzerland
|
+$66.6M |
| 3 |
AS
Altshuler Shaham
Tel Aviv,
Israel
|
+$33.3M |
| 4 |
JP Morgan Chase
New York
|
+$32M |
| 5 |
MSDF
Michael & Susan Dell Foundation
New York
|
+$26M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Invesco
Atlanta,
Georgia
|
-$46.7M |
| 2 |
PGH
Partners Group Holding
Baar-Zug,
Switzerland
|
-$36.1M |
| 3 |
Goldman Sachs
New York
|
-$26M |
| 4 |
Two Sigma Advisers
New York
|
-$25.3M |
| 5 |
MGAM
McGowan Group Asset Management
Dallas,
Texas
|
-$23.9M |
ARCC Hedge Fund Activity: Q4 2025 in Review
831 of the 8,168 institutional investors tracked by Wall St. Rank reported a position in Ares Capital (ARCC) for Q4 2025, worth a combined $4.83B — up 4.6% from $4.62B a quarter earlier.
Buyers outnumbered sellers: 138 funds opened new ARCC positions and 76 closed out — a net gain of 62 holders — while 296 added to existing stakes and 254 trimmed.
The largest buyer was Citadel Advisors, adding an estimated $113M. The largest seller was Invesco, cutting an estimated $46.7M.
- 831 institutional investors held Ares Capital (ARCC) as of Q4 2025, up from 790 in Q3 2025.
- Funds reported $4.83B of Ares Capital stock for Q4 2025, up 4.6% quarter-over-quarter.
- 138 funds opened new Ares Capital positions in Q4 2025 and 76 closed out, a net change of +62 holders.
- The largest Ares Capital buyer in Q4 2025 was Citadel Advisors, an estimated $113M added.
- The largest Ares Capital seller in Q4 2025 was Invesco, an estimated $46.7M sold.
Based on aggregated 13F filings for Q4 2025.