ARES CAPITAL CORP

Ticker: ARCC CUSIP: 04010L103 Class: COM

D.A. DAVIDSON & CO.'s Holding History (CIK: 0001080107)

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

Q4 2025

Shares 617,702 Value ($000) $12,496 Avg Close $19.79 Range $18.36 - $20.64

Q3 2025

Shares 899,926 Value ($000) $18,367 Avg Close $21.33 Range $19.60 - $22.39

Q2 2025

Shares 872,719 Value ($000) $19,165 Avg Close $19.97 Range $17.08 - $21.13

Q1 2025

Shares 877,617 Value ($000) $19,448 Avg Close $20.85 Range $19.58 - $21.80

Q4 2024

Shares 851,480 Value ($000) $18,639 Avg Close $19.38 Range $18.52 - $20.24

Q3 2024

Shares 853,444 Value ($000) $17,871 Avg Close $18.23 Range $16.88 - $18.78

Q2 2024

Shares 713,596 Value ($000) $14,871 Avg Close $17.90 Range $17.19 - $18.65

Q1 2024

Shares 775,636 Value ($000) $16,149 Avg Close $16.97 Range $16.50 - $17.82

Q4 2023

Shares 652,691 Value ($000) $13,073 Avg Close $15.96 Range $15.11 - $16.83

Q3 2023

Shares 729,271 Value ($000) $14,199 Avg Close $15.48 Range $14.81 - $16.12

Q2 2023

Shares 611,318 Value ($000) $11,487 Avg Close $14.38 Range $13.58 - $15.16

Q1 2023

Shares 591,982 Value ($000) $10,818 Avg Close $14.33 Range $12.98 - $15.20

Q4 2022

Shares 525,630 Value ($000) $9,708 Avg Close $13.85 Range $12.13 - $14.57

Q3 2022

Shares 454,146 Value ($000) $7,666 Avg Close $13.92 Range $12.26 - $14.87

Q2 2022

Shares 433,322 Value ($000) $7,769 Avg Close $13.84 Range $12.20 - $15.83

Q1 2022

Shares 404,265 Value ($000) $8,469 Avg Close $14.63 Range $13.59 - $15.72

Q4 2021

Shares 400,463 Value ($000) $8,486 Avg Close $13.96 Range $13.29 - $14.62

Q3 2021

Shares 398,744 Value ($000) $8,106 Avg Close $13.21 Range $12.76 - $13.85

Q2 2021

Shares 311,684 Value ($000) $6,106 Avg Close $12.51 Range $11.72 - $13.01

Q1 2021

Shares 267,779 Value ($000) $5,010 Avg Close $11.38 Range $10.33 - $12.22

Q4 2020

Shares 241,126 Value ($000) $4,073 Avg Close $9.58 Range $8.32 - $10.75

Q3 2020

Shares 218,849 Value ($000) $3,053 Avg Close $8.55 Range $8.07 - $9.08

Q2 2020

Shares 205,265 Value ($000) $2,966 Avg Close $7.90 Range $5.17 - $9.48

Q1 2020

Shares 185,446 Value ($000) $1,999 Avg Close $9.57 Range $4.60 - $10.93

Q4 2019

Shares 155,080 Value ($000) $2,892 Avg Close $10.31 Range $9.90 - $10.59

Q3 2019

Shares 134,565 Value ($000) $2,508 Avg Close $10.07 Range $9.69 - $10.53

Q2 2019

Shares 115,228 Value ($000) $2,067 Avg Close $9.39 Range $9.08 - $9.82

Q1 2019

Shares 94,843 Value ($000) $1,625 Avg Close $8.68 Range $7.88 - $9.11

Q4 2018

Shares 80,270 Value ($000) $1,251 Avg Close $8.36 Range $7.47 - $8.87

Q3 2018

Shares 48,737 Value ($000) $838 Avg Close $8.47 Range $8.03 - $8.77

Q2 2018

Shares 47,092 Value ($000) $775 Avg Close $7.94 Range $7.42 - $8.28

Q1 2018

Shares 44,993 Value ($000) $714 Avg Close $7.48 Range $7.06 - $7.79

Q4 2017

Shares 11,709 Value ($000) $184 Avg Close $7.48 Range $7.21 - $7.65

Q2 2017

Shares 2,731 Value ($000) $44 Avg Close $7.41 Range $7.10 - $7.75

Q1 2017

Shares 1,476 Value ($000) $25 Avg Close $7.44 Range $6.98 - $7.70

Q4 2016

Shares 144,550 Value ($000) $2,383 Avg Close $6.62 Range $6.28 - $7.14

Q3 2016

Shares 135,894 Value ($000) $2,105 Avg Close $6.30 Range $5.66 - $6.71

Q2 2016

Shares 127,466 Value ($000) $1,809 Avg Close $5.94 Range $5.67 - $6.15

Q1 2016

Shares 120,230 Value ($000) $1,783 Avg Close $5.37 Range $4.77 - $5.91

Q4 2015

Shares 109,440 Value ($000) $1,558 Avg Close $5.76 Range $5.23 - $6.03

Q3 2015

Shares 103,217 Value ($000) $1,493 Avg Close $5.81 Range $4.05 - $6.14

Q2 2015

Shares 92,801 Value ($000) $1,526 Avg Close $6.04 Range $5.73 - $6.25

Q1 2015

Shares 81,299 Value ($000) $1,395 Avg Close $5.89 Range $5.44 - $6.24

Q4 2014

Shares 74,926 Value ($000) $1,169 Avg Close $5.49 Range $5.03 - $5.64

Q3 2014

Shares 73,570 Value ($000) $1,188 Avg Close $5.68 Range $5.43 - $6.00

Q2 2014

Shares 71,377 Value ($000) $1,274 Avg Close $5.65 Range $5.39 - $6.00

Q1 2014

Shares 65,058 Value ($000) $1,145 Avg Close $5.73 Range $5.59 - $5.95

Q4 2013

Shares 63,195 Value ($000) $1,122 Avg Close $5.52 Range $5.29 - $5.75

Q3 2013

Shares 56,456 Value ($000) $976 Avg Close $5.37 Range $5.17 - $5.58

Q2 2013

Shares 45,991 Value ($000) $791 Avg Close $5.23 Range $4.93 - $5.49

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2025	617,702	$12,496	$19.79	$18.36 - $20.64
Q3 2025	899,926	$18,367	$21.33	$19.60 - $22.39
Q2 2025	872,719	$19,165	$19.97	$17.08 - $21.13
Q1 2025	877,617	$19,448	$20.85	$19.58 - $21.80
Q4 2024	851,480	$18,639	$19.38	$18.52 - $20.24
Q3 2024	853,444	$17,871	$18.23	$16.88 - $18.78
Q2 2024	713,596	$14,871	$17.90	$17.19 - $18.65
Q1 2024	775,636	$16,149	$16.97	$16.50 - $17.82
Q4 2023	652,691	$13,073	$15.96	$15.11 - $16.83
Q3 2023	729,271	$14,199	$15.48	$14.81 - $16.12
Q2 2023	611,318	$11,487	$14.38	$13.58 - $15.16
Q1 2023	591,982	$10,818	$14.33	$12.98 - $15.20
Q4 2022	525,630	$9,708	$13.85	$12.13 - $14.57
Q3 2022	454,146	$7,666	$13.92	$12.26 - $14.87
Q2 2022	433,322	$7,769	$13.84	$12.20 - $15.83
Q1 2022	404,265	$8,469	$14.63	$13.59 - $15.72
Q4 2021	400,463	$8,486	$13.96	$13.29 - $14.62
Q3 2021	398,744	$8,106	$13.21	$12.76 - $13.85
Q2 2021	311,684	$6,106	$12.51	$11.72 - $13.01
Q1 2021	267,779	$5,010	$11.38	$10.33 - $12.22
Q4 2020	241,126	$4,073	$9.58	$8.32 - $10.75
Q3 2020	218,849	$3,053	$8.55	$8.07 - $9.08
Q2 2020	205,265	$2,966	$7.90	$5.17 - $9.48
Q1 2020	185,446	$1,999	$9.57	$4.60 - $10.93
Q4 2019	155,080	$2,892	$10.31	$9.90 - $10.59
Q3 2019	134,565	$2,508	$10.07	$9.69 - $10.53
Q2 2019	115,228	$2,067	$9.39	$9.08 - $9.82
Q1 2019	94,843	$1,625	$8.68	$7.88 - $9.11
Q4 2018	80,270	$1,251	$8.36	$7.47 - $8.87
Q3 2018	48,737	$838	$8.47	$8.03 - $8.77
Q2 2018	47,092	$775	$7.94	$7.42 - $8.28
Q1 2018	44,993	$714	$7.48	$7.06 - $7.79
Q4 2017	11,709	$184	$7.48	$7.21 - $7.65
Q2 2017	2,731	$44	$7.41	$7.10 - $7.75
Q1 2017	1,476	$25	$7.44	$6.98 - $7.70
Q4 2016	144,550	$2,383	$6.62	$6.28 - $7.14
Q3 2016	135,894	$2,105	$6.30	$5.66 - $6.71
Q2 2016	127,466	$1,809	$5.94	$5.67 - $6.15
Q1 2016	120,230	$1,783	$5.37	$4.77 - $5.91
Q4 2015	109,440	$1,558	$5.76	$5.23 - $6.03
Q3 2015	103,217	$1,493	$5.81	$4.05 - $6.14
Q2 2015	92,801	$1,526	$6.04	$5.73 - $6.25
Q1 2015	81,299	$1,395	$5.89	$5.44 - $6.24
Q4 2014	74,926	$1,169	$5.49	$5.03 - $5.64
Q3 2014	73,570	$1,188	$5.68	$5.43 - $6.00
Q2 2014	71,377	$1,274	$5.65	$5.39 - $6.00
Q1 2014	65,058	$1,145	$5.73	$5.59 - $5.95
Q4 2013	63,195	$1,122	$5.52	$5.29 - $5.75
Q3 2013	56,456	$976	$5.37	$5.17 - $5.58
Q2 2013	45,991	$791	$5.23	$4.93 - $5.49