Ares Management
ARES
551 hedge funds and large institutions have $19B invested in Ares Management in 2023 Q4 according to their latest regulatory filings, with 110 funds opening new positions, 199 increasing their positions, 171 reducing their positions, and 43 closing their positions.
156% more first-time investments, than exits
New positions opened: 110 | Existing positions closed: 43
22% more funds holding in top 10
Funds holding in top 10: 9 → 11 (+2)
16% more repeat investments, than reductions
Existing positions increased: 199 | Existing positions reduced: 171
13% more capital invested
Capital invested by funds: $16.7B → $19B (+$2.25B)
13% more funds holding
Funds holding: 489 → 551 (+62)
0.19% less ownership
Funds ownership: 86.13% → 85.94% (-0.19%)
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 |
Fidelity Investments
Boston,
Massachusetts
|
+$122M |
| 3 |
JP Morgan Chase
New York
|
+$100M |
| 4 |
Canada Pension Plan Investment Board
Toronto Ontario,
Ontario, Canada
|
+$94.7M |
| 5 |
Corient Private Wealth
Miami,
Florida
|
+$93.1M |
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
551 of the 6,869 institutional investors tracked by Wall St. Rank reported a position in Ares Management (ARES) for Q4 2023, worth a combined $19B — up 13% from $16.7B a quarter earlier.
Buyers outnumbered sellers: 110 funds opened new ARES positions and 43 closed out — a net gain of 67 holders — while 199 added to existing stakes and 171 trimmed.
The largest buyer was T. Rowe Price Associates, adding an estimated $326M. The largest seller was Millennium Management, cutting an estimated $270M.
- 551 institutional investors held Ares Management (ARES) as of Q4 2023, up from 489 in Q3 2023.
- Funds reported $19B of Ares Management stock for Q4 2023, up 13% quarter-over-quarter.
- 110 funds opened new Ares Management positions in Q4 2023 and 43 closed out, a net change of +67 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.