Who Owns Ares Dynamic Credit Allocation Fund Stock?
NYSE: ARDCFinanceInvestment ManagersUSD
At close: Oct 9, 4:00 PM ET · Delayed 15 min
Ownership breakdown
- Held by institutions
- 33.98%
- Held by insiders
- 0.00%
- Institutional holders
- 71
- Institutions 34.0%
- Insiders 0.0%
- Public and other 66.0%
Who owns Ares Dynamic Credit Allocation Fund stock?
Institutional investors own about 34.0% of Ares Dynamic Credit Allocation Fund's shares, spread across 71 institutions that file 13F reports. That level of institutional ownership is relatively low, leaving more of the stock with retail investors and insiders. Insiders, including executives, directors and large founding shareholders, hold 0.00% of ARDC.
The largest institutional holders are Wells Fargo & Company (7.98%), Morgan Stanley (2.69%) and AdvisorNet Financial, Inc (2.51%). Together, the top 10 institutions control 23.1% of shares outstanding. In their latest filings, 6 of the top 10 institutions increased their ARDC positions and 4 reduced them.
Summary generated from market data by MetaCap's automated system. Methodology
Top institutional holders of ARDC
| Institution | Shares | % Held | Change |
|---|---|---|---|
| Wells Fargo & Company | 1.91M | 7.98% | +20.4% |
| Morgan Stanley | 645.87K | 2.69% | +26.9% |
| AdvisorNet Financial, Inc | 601.29K | 2.51% | +19.5% |
| Guggenheim Capital, LLC | 432.31K | 1.80% | +3.8% |
| Penserra Capital Management LLC | 426.19K | 1.78% | +4.0% |
| United Advisor Group, LLC | 354.01K | 1.48% | -1.4% |
| Invesco Ltd. | 345.65K | 1.44% | +3.0% |
| Foundations Investment Advisors, LLC | 338.48K | 1.41% | -10.8% |
| Newedge Wealth, LLC | 249.72K | 1.04% | -2.9% |
| Advisors Asset Management, Inc. | 228.39K | 0.95% | -29.7% |
% held is the share of total shares outstanding. Change is the percentage change in the position since the holder's previous 13F filing.
Top mutual fund and ETF holders of ARDC
| Fund | Shares | % Held |
|---|---|---|
| Amplify ETF Trust-Amplify CEF High Income ETF | 424.17K | 1.77% |
| SCM Trust-Icon Flexible Bond Fund | 97.24K | 0.41% |
| ETFis Series Trust I-Virtus Private Credit Strategy ETF | 27.12K | 0.11% |
| Invesco Exch-Trd Fd. TRT-Invesco Zacks Multi-Asset Income ETF | 22.86K | 0.10% |
| Rydex Variable Trust-Multi-Hedge Strategies Fund | 229 | 0.00% |
| Rydex Series Funds-Guggenheim Multi-Hedge Strategies Fund | 81 | 0.00% |
Frequently asked questions
Who is the largest shareholder of Ares Dynamic Credit Allocation Fund?
Wells Fargo & Company is the largest institutional shareholder of ARDC, owning 7.98% of shares outstanding (1.91M shares) as of its latest 13F filing.
What percentage of Ares Dynamic Credit Allocation Fund is owned by institutions?
Institutions own about 34.0% of ARDC shares and 34.0% of the public float.
How much of Ares Dynamic Credit Allocation Fund do insiders own?
Insiders, such as officers and directors, own about 0.00% of ARDC shares outstanding.
Where does institutional ownership data come from?
Investment managers with more than $100 million in US equities must file Form 13F with the SEC within 45 days of each quarter-end. Holdings are therefore up to about 4.5 months old when published.