Ares Management
ARES
105 hedge funds and large institutions have $1.09B invested in Ares Management in 2018 Q4 according to their latest regulatory filings, with 26 funds opening new positions, 44 increasing their positions, 24 reducing their positions, and 29 closing their positions.
83% more repeat investments, than reductions
Existing positions increased: 44 | Existing positions reduced: 24
55% more call options, than puts
Call options by funds: $2.79M | Put options by funds: $1.79M
3.33% more ownership
Funds ownership: 56.75% → 60.08% (+3.3%)
4% less funds holding
Funds holding: 109 → 105 (-4)
10% less first-time investments, than exits
New positions opened: 26 | Existing positions closed: 29
16% less capital invested
Capital invested by funds: $1.29B → $1.09B (-$210M)
17% less funds holding in top 10
Funds holding in top 10: 6 → 5 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Vanguard Group
Malvern,
Pennsylvania
|
+$120M |
| 2 |
Brown Advisory
Baltimore,
Maryland
|
+$19.7M |
| 3 |
Point72 Asset Management
Stamford,
Connecticut
|
+$15.6M |
| 4 |
Invesco
Atlanta,
Georgia
|
+$8.58M |
| 5 |
Citadel Advisors
Miami,
Florida
|
+$8.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LCM
Laurion Capital Management
New York
|
-$24.9M |
| 2 |
Millennium Management
New York
|
-$21.3M |
| 3 |
Goldman Sachs
New York
|
-$19.8M |
| 4 |
JAM
Jacobs Asset Management
New York
|
-$8.52M |
| 5 |
Renaissance Technologies
New York
|
-$7.64M |
ARES Hedge Fund Activity: Q4 2018 in Review
105 of the 4,505 institutional investors tracked by Wall St. Rank reported a position in Ares Management (ARES) for Q4 2018, worth a combined $1.09B — down 16% from $1.29B a quarter earlier.
Sellers outnumbered buyers: 29 funds closed out of ARES and 26 opened new positions — a net loss of 3 holders — while 24 trimmed existing stakes and 44 added.
The largest buyer was Vanguard Group, opening a new position worth an estimated $120M. The largest seller was Laurion Capital Management, exiting entirely with an estimated $24.9M sold.
- 105 institutional investors held Ares Management (ARES) as of Q4 2018, down from 109 in Q3 2018.
- Funds reported $1.09B of Ares Management stock for Q4 2018, down 16% quarter-over-quarter.
- 26 funds opened new Ares Management positions in Q4 2018 and 29 closed out, a net change of -3 holders.
- The largest Ares Management buyer in Q4 2018 was Vanguard Group, an estimated $120M added.
- The largest Ares Management seller in Q4 2018 was Laurion Capital Management, an estimated $24.9M sold.
Based on aggregated 13F filings for Q4 2018.