Ares Management
ARES
44 hedge funds and large institutions have $239M invested in Ares Management in 2017 Q3 according to their latest regulatory filings, with 4 funds opening new positions, 21 increasing their positions, 14 reducing their positions, and 7 closing their positions.
50% more repeat investments, than reductions
Existing positions increased: 21 | Existing positions reduced: 14
10% more capital invested
Capital invested by funds: $217M → $239M (+$22M)
0.78% more ownership
Funds ownership: 14.83% → 15.61% (+0.78%)
10% less funds holding
Funds holding: 49 → 44 (-5)
41% less call options, than puts
Call options by funds: $874K | Put options by funds: $1.49M
43% less first-time investments, than exits
New positions opened: 4 | Existing positions closed: 7
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Capital World Investors
Los Angeles,
California
|
+$13.5M |
| 2 |
PC
PM Capital
Sydney,
Australia
|
+$7.63M |
| 3 |
Morgan Stanley
New York
|
+$3.21M |
| 4 |
EC
EJF Capital
Arlington,
Virginia
|
+$2.91M |
| 5 |
Renaissance Technologies
New York
|
+$1.86M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$8.64M |
| 2 |
JP Morgan Chase
New York
|
-$4.49M |
| 3 |
IECM
Intrinsic Edge Capital Management
Chicago,
Illinois
|
-$3.27M |
| 4 |
JIR
James Investment Research
Alpha,
Ohio
|
-$1.2M |
| 5 |
Bank of America
Charlotte,
North Carolina
|
-$989K |
ARES Hedge Fund Activity: Q3 2017 in Review
44 of the 4,022 institutional investors tracked by Wall St. Rank reported a position in Ares Management (ARES) for Q3 2017, worth a combined $239M — up 10% from $217M a quarter earlier.
Sellers outnumbered buyers: 7 funds closed out of ARES and 4 opened new positions — a net loss of 3 holders — while 14 trimmed existing stakes and 21 added.
The largest buyer was Capital World Investors, adding an estimated $13.5M. The largest seller was Fidelity Investments, cutting an estimated $8.64M.
- 44 institutional investors held Ares Management (ARES) as of Q3 2017, down from 49 in Q2 2017.
- Funds reported $239M of Ares Management stock for Q3 2017, up 10% quarter-over-quarter.
- 4 funds opened new Ares Management positions in Q3 2017 and 7 closed out, a net change of -3 holders.
- The largest Ares Management buyer in Q3 2017 was Capital World Investors, an estimated $13.5M added.
- The largest Ares Management seller in Q3 2017 was Fidelity Investments, an estimated $8.64M sold.
Based on aggregated 13F filings for Q3 2017.