ARES CAPITAL CORP

Ticker: ARCC CUSIP: 04010L103 Class: COM

Note: Option positions (PUT/CALL) are excluded.

InstitutionSharesValue ($000)
MORGAN STANLEY17,558,581$355,210
VAN ECK ASSOCIATES CORP12,673,579$256
UBS Group AG11,201,905$226,615
CITADEL ADVISORS LLC8,077,163$163,401
BANK OF AMERICA CORP /DE/7,876,224$159,336
JPMORGAN CHASE & CO7,815,945$158,117
Legal & General Group Plc5,408,067$109,432
Generali Asset Management SPA SGR5,052,119$102,204
WELLS FARGO & COMPANY/MN4,387,637$88,762
LPL Financial LLC4,210,365$85,176
AMERIPRISE FINANCIAL INC4,162,978$84,213
Advisors Capital Management, LLC3,566,790$72,156
CONFLUENCE INVESTMENT MANAGEMENT LLC3,542,772$71,670
BlackRock, Inc.3,163,025$63,988
RAYMOND JAMES FINANCIAL INC3,161,924$63,966
Allen Investment Management LLC3,086,449$62,439
ROYAL BANK OF CANADA3,014,381$60,982
TWO SIGMA INVESTMENTS, LP2,967,739$60,037
Evercore Wealth Management, LLC2,938,357$59,443
Sound Income Strategies, LLC2,616,789$54,691
STIFEL FINANCIAL CORP2,602,005$52,639
OSAIC HOLDINGS, INC.2,572,212$52,039
FMR LLC2,503,635$50,649
HighTower Advisors, LLC2,447,058$49,504
OMERS ADMINISTRATION Corp2,360,055$47,744
Rockefeller Capital Management L.P.2,251,437$45,547
ARES MANAGEMENT LLC2,245,810$45,433
Progeny 3, Inc.2,224,728$45,006
Muzinich & Co., Inc.2,142,606$43,345
Border to Coast Pensions Partnership Ltd1,975,000$40
NOMURA ASSET MANAGEMENT CO LTD1,760,158$35,608
CCLA Investment Management1,703,144$34
Sumitomo Mitsui Trust Holdings, Inc.1,671,274$33,810
Altshuler Shaham Ltd1,650,000$33,380
Clearbridge Investments, LLC1,644,729$33,273
CAPITAL ADVISORS INC/OK1,568,369$31,728
FRANKLIN RESOURCES INC1,506,468$30,476
Cetera Investment Advisers1,473,064$29,800
GREAT WEST LIFE ASSURANCE CO /CAN/1,363,669$28
Michael & Susan Dell Foundation1,289,594$26,089
BRUNI J V & CO /CO1,277,403$25,842
GOLDMAN SACHS GROUP INC1,275,267$25,799
NORTHERN TRUST CORP1,238,826$25,061
TWO SIGMA ADVISERS, LP1,217,900$24,638
SPINNAKER TRUST1,210,941$24,497
Janney Montgomery Scott LLC1,198,926$24
Corient Private Wealth LLC1,191,114$24,090
STEPHENS INC /AR/1,136,260$22,987
Baird Financial Group, Inc.1,075,147$21,750
BNP PARIBAS ARBITRAGE, SA1,073,821$21,723
Cambridge Investment Research Advisors, Inc.1,051,488$21
BALYASNY ASSET MANAGEMENT L.P.1,008,351$20,399
SAGE ADVISORS, LLC955,548$19,331
iA Global Asset Management Inc.901,098$18
MARSHALL WACE, LLP895,988$18,126
MILLENNIUM MANAGEMENT LLC889,620$17,997
BARCLAYS PLC841,558$17,025
Trexquant Investment LP832,413$16,840
COMMONWEALTH EQUITY SERVICES, LLC829,974$16,790
Melia Wealth LLC810,232$16,391
Cerity Partners LLC808,636$16,359
ENVESTNET ASSET MANAGEMENT INC802,561$16,236
SIGMA INVESTMENT COUNSELORS INC792,585$16,034
NEUBERGER BERMAN GROUP LLC774,721$15,673
Edgemoor Investment Advisors, Inc.704,973$14,262
Focus Partners Wealth698,927$14,139
TECTONIC ADVISORS LLC662,533$13,403
D. E. Shaw & Co., Inc.630,267$12,750
Naviter Wealth, LLC628,224$12,709
D.A. DAVIDSON & CO.617,702$12,496
Lido Advisors, LLC616,960$12,538
Baltimore-Washington Financial Advisors, Inc.613,371$12,408
Chicago Partners Investment Group LLC575,641$11,962
Columbus Macro, LLC554,804$11,224
PALISADE CAPITAL MANAGEMENT, LP551,786$11,163
LSV ASSET MANAGEMENT544,100$11
Bell Bank534,586$10,815
CITIGROUP INC527,964$10,681
LGT Group Foundation518,349$10,517
Gilbert & Cook, Inc.501,354$10,142
Steward Partners Investment Advisory, LLC491,587$9,945
Qube Research & Technologies Ltd488,537$9,883
VISTA FINANCE, LLC485,910$9,830
XTX Topco Ltd482,915$9,769
CIBC Private Wealth Group, LLC467,328$9,454
SCS Capital Management LLC453,686$9,178
STATE STREET CORP449,345$9,090
GRITSTONE ASSET MANAGEMENT LLC446,855$9,040
Quantbot Technologies LP446,577$9,034
Invesco Ltd.442,927$8,960
Kestra Advisory Services, LLC442,916$8,960
Advisors Asset Management, Inc.430,671$8,712
OPPENHEIMER & CO INC421,141$8,520
MGO ONE SEVEN LLC416,529$8,426
OBERMEYER WOOD INVESTMENT COUNSEL, LLLP413,151$8,358
Boston Partners412,739$8,350
Carnegie Capital Asset Management, LLC409,535$8,285
DENALI ADVISORS LLC392,429$7,939
Liberty Mutual Group Asset Management Inc.389,962$7,889
Pathstone Holdings, LLC389,766$7,885
713 other institutions39,634,052$779,592
Total (813 institutions)237,418,281$4,350,234