Ares Management
ARES
548 hedge funds and large institutions have $19.1B invested in Ares Management in 2023 Q4 according to their latest regulatory filings, with 108 funds opening new positions, 199 increasing their positions, 170 reducing their positions, and 43 closing their positions.
151% more first-time investments, than exits
New positions opened: 108 | Existing positions closed: 43
17% more repeat investments, than reductions
Existing positions increased: 199 | Existing positions reduced: 170
14% more capital invested
Capital invested by funds: $16.7B → $19.1B (+$2.39B)
12% more funds holding
Funds holding: 488 → 548 (+60)
11% more funds holding in top 10
Funds holding in top 10: 9 → 10 (+1)
0.43% more ownership
Funds ownership: 86.13% → 86.55% (+0.43%)
23% less call options, than puts
Call options by funds: $36.4M | Put options by funds: $47.5M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$326M |
| 2 |
Morgan Stanley
New York
|
+$191M |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
+$122M |
| 4 |
JP Morgan Chase
New York
|
+$100M |
| 5 |
Canada Pension Plan Investment Board
Toronto Ontario,
Ontario, Canada
|
+$94.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
-$270M |
| 2 |
Wellington Management Group
Boston,
Massachusetts
|
-$182M |
| 3 |
Bank of New York Mellon
New York
|
-$157M |
| 4 |
SBH
Segall Bryant & Hamill
Chicago,
Illinois
|
-$92.1M |
| 5 |
VVP
Vulcan Value Partners
Birmingham,
Alabama
|
-$49.5M |
ARES Hedge Fund Activity: Q4 2023 in Review
548 of the 6,859 institutional investors tracked by Wall St. Rank reported a position in Ares Management (ARES) for Q4 2023, worth a combined $19.1B — up 14% from $16.7B a quarter earlier.
Buyers outnumbered sellers: 108 funds opened new ARES positions and 43 closed out — a net gain of 65 holders — while 199 added to existing stakes and 170 trimmed.
The largest buyer was T. Rowe Price Associates, adding an estimated $326M. The largest seller was Millennium Management, cutting an estimated $270M.
- 548 institutional investors held Ares Management (ARES) as of Q4 2023, up from 488 in Q3 2023.
- Funds reported $19.1B of Ares Management stock for Q4 2023, up 14% quarter-over-quarter.
- 108 funds opened new Ares Management positions in Q4 2023 and 43 closed out, a net change of +65 holders.
- The largest Ares Management buyer in Q4 2023 was T. Rowe Price Associates, an estimated $326M added.
- The largest Ares Management seller in Q4 2023 was Millennium Management, an estimated $270M sold.
Based on aggregated 13F filings for Q4 2023.