Apollo Management Holdings Exits Position in Ares Dynamic Credit Allocation Fund (ARDC)

Ares Dynamic Credit Allocation Fund (ARDC) : Apollo Management Holdings has sold out all of its stake in Ares Dynamic Credit Allocation Fund during the most recent quarter, according to the disclosure filed by the company on Aug 15, 2016 with the SEC. The investment management company has sold out 50,000 shares of Ares Dynamic Credit Allocation Fund which is valued at $724,000.

Other Hedge Funds, Including , Drw Securities reduced its stake in ARDC by selling 3,700 shares or 18.5% in the most recent quarter. The Hedge Fund company now holds 16,300 shares of ARDC which is valued at $236,024. Ares Dynamic Credit Allocation Fund makes up approx 0.07% of Drw Securities’s portfolio. Parametric Portfolio Associates sold out all of its stake in ARDC during the most recent quarter. The investment firm sold 513,641 shares of ARDC which is valued $7,437,522.First Trust Advisors Lp reduced its stake in ARDC by selling 834 shares or 1.01% in the most recent quarter. The Hedge Fund company now holds 81,879 shares of ARDC which is valued at $1,183,152. Rmb Capital Management added ARDC to its portfolio by purchasing 37,126 company shares during the most recent quarter which is valued at $534,243. Ares Dynamic Credit Allocation Fund makes up approx 0.04% of Rmb Capital Management’s portfolio.

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