Ares Capital Ownership

Who are the major shareholders and have insiders been buying or selling?

Recent Insider Transactions

Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.

Ownership Breakdown

What is the ownership structure of ARCC?
Owner Type	Number of Shares	Ownership Percentage
State or Government	798,700	0.124%
Individual Insiders	3,556,015	0.55%
Institutions	186,348,075	28.8%
General Public	455,373,349	70.5%

Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 13.5%.

Top Shareholders

Top 25 shareholders own 14.43% of the company

Ownership	Name	Shares	Current Value	Change %	Portfolio %
2.12%	Morgan Stanley, Investment Banking and Brokerage Investments	13,687,021	US$299.6m	-13.3%	0.03%
1.96%	Van Eck Associates Corporation	12,656,154	US$277.0m	8.35%	0.31%
0.97%	Merrill Lynch & Co. Inc., Banking Investments	6,243,163	US$136.7m	5.76%	0.05%
0.76%	Legal & General Investment Management Limited	4,896,378	US$107.2m	-8.35%	0.02%
0.67%	Columbia Management Investment Advisers, LLC	4,353,904	US$95.3m	5.82%	0.02%
0.59%	Confluence Investment Management LLC	3,836,573	US$84.0m	1.7%	1.16%
0.57%	FMR LLC	3,674,545	US$80.4m	-30.6%	no data
0.56%	LPL Financial Corporation, Asset Management Arm	3,602,842	US$78.9m	3.17%	0.04%
0.53%	Advisors Capital Management, LLC	3,418,125	US$74.8m	4.94%	1.22%
0.52%	Wells Fargo & Company, Securities and Brokerage Investments	3,346,081	US$73.2m	1.17%	0.02%
0.5%	JPMorgan Chase & Co, Brokerage and Securities Investments	3,256,343	US$71.3m	31.5%	0.03%
0.44%	UBS Asset Management AG	2,861,720	US$62.6m	-4.16%	0.01%
0.38%	Invesco Ltd.	2,453,492	US$53.7m	5,130%	0.01%
0.34%	Goldman Sachs Group, Investment Banking and Securities Investments	2,227,359	US$48.8m	18.5%	0.02%
0.34%	Sound Income Strategies, LLC	2,217,277	US$48.5m	3.7%	3.43%
0.34%	Stifel Asset Management Corp.	2,201,083	US$48.2m	2.18%	0.05%
0.34%	City National Rochdale, LLC	2,173,384	US$47.6m	-22.8%	0.14%
0.33%	Ares Management LLC	2,153,544	US$47.1m	4.38%	0.2%
0.33%	Michael Arougheti	2,117,815	US$46.4m	0%	no data
0.32%	Allen Investment Management, LLC	2,091,726	US$45.8m	17.6%	0.53%
0.32%	Progeny 3, Inc.	2,080,208	US$45.5m	4.87%	3.32%
0.31%	Royal Bank of Canada, Banking & Securities Investments	2,030,359	US$44.4m	-21.3%	0.02%
0.3%	OMERS Administration Corporation	1,916,392	US$41.9m	2.29%	0.34%
0.29%	BlackRock, Inc.	1,885,981	US$41.3m	3.01%	no data
0.29%	Border To Coast Pensions Partnership Limited	1,850,000	US$40.5m	-7.5%	0.19%

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2025/01/02 23:16
End of Day Share Price	2025/01/02 00:00
Earnings	2024/09/30
Annual Earnings	2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

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Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Ares Capital Corporation is covered by 33 analysts. 14 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution
Kannan Venkateshwar	Barclays
Vernon Plack	BB&T Capital Markets
David Chiaverini	BMO Capital Markets Equity Research