Ares Management
ARES
70 hedge funds and large institutions have $804M invested in Ares Management in 2018 Q2 according to their latest regulatory filings, with 13 funds opening new positions, 33 increasing their positions, 15 reducing their positions, and 17 closing their positions.
120% more repeat investments, than reductions
Existing positions increased: 33 | Existing positions reduced: 15
0% more funds holding in top 10
Funds holding in top 10: 3 → 3 (0)
1% less capital invested
Capital invested by funds: $814M → $804M (-$9.65M)
6.09% less ownership
Funds ownership: 45.95% → 39.86% (-6.1%)
8% less funds holding
Funds holding: 76 → 70 (-6)
24% less first-time investments, than exits
New positions opened: 13 | Existing positions closed: 17
60% less call options, than puts
Call options by funds: $1.06M | Put options by funds: $2.65M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$20.4M |
| 2 |
Ameriprise
Minneapolis,
Minnesota
|
+$15.7M |
| 3 |
JP Morgan Chase
New York
|
+$15.2M |
| 4 |
RA
Royce & Associates
New York
|
+$15.1M |
| 5 |
Capital World Investors
Los Angeles,
California
|
+$11M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
-$14.3M |
| 2 |
Morgan Stanley
New York
|
-$14.2M |
| 3 |
Millennium Management
New York
|
-$8.27M |
| 4 |
YCMGA
York Capital Management Global Advisors
New York
|
-$7.68M |
| 5 |
SVC
Strycker View Capital
New York
|
-$7.49M |
ARES Hedge Fund Activity: Q2 2018 in Review
70 of the 4,385 institutional investors tracked by Wall St. Rank reported a position in Ares Management (ARES) for Q2 2018, worth a combined $804M — down 1.2% from $814M a quarter earlier.
Sellers outnumbered buyers: 17 funds closed out of ARES and 13 opened new positions — a net loss of 4 holders — while 15 trimmed existing stakes and 33 added.
The largest buyer was Fidelity Investments, adding an estimated $20.4M. The largest seller was Wells Fargo, cutting an estimated $14.3M.
- 70 institutional investors held Ares Management (ARES) as of Q2 2018, down from 76 in Q1 2018.
- Funds reported $804M of Ares Management stock for Q2 2018, down 1.2% quarter-over-quarter.
- 13 funds opened new Ares Management positions in Q2 2018 and 17 closed out, a net change of -4 holders.
- The largest Ares Management buyer in Q2 2018 was Fidelity Investments, an estimated $20.4M added.
- The largest Ares Management seller in Q2 2018 was Wells Fargo, an estimated $14.3M sold.
Based on aggregated 13F filings for Q2 2018.