Trade of the BUY ARCC · Pete Sessions
Ares Capital Corporation - Closed End Fund (ARCC)
Deliberate position with a committee link
| Inside their committee's jurisdiction |
|
32/32 |
| Isolated decision, not a bulk rebalance |
|
21/22 |
|
Small, thinly-followed company
Nobody needs inside information to buy a mega-cap.
|
|
6/10 |
| Committee chair or ranking member |
|
8/8 |
| Member's own account |
|
0/8 |
|
A name they had never held before
A first purchase is a decision; the ninth purchase of the same holding is a standing order.
|
|
0/8 |
|
Unusually large for this member
Against their own median trade, not an absolute threshold - and capped, because trades beyond 3x did worse, not better.
|
|
0/6 |
| Position size |
|
0/3 |
| Leveraged instrument (option) |
|
0/3 |
A high grade is not an allegation. Every input is public, and buying into an industry you work on daily is ordinary expertise. What the trade actually returned is deliberately excluded from this score and shown separately below.
It is also not a forecast. Measured across every settled trade, A-graded ones did not beat E-graded ones to any significant degree — the method page prints the table. This score says a trade looks like a decision rather than administration, and nothing more.
The filing it came from
filed in 7 days Inside two weeks - most of the following year was still available to anyone reading the filing.
How this position ended
| Sold | Held | Return | vs S&P | |
|---|---|---|---|---|
| 24 Jul 2026 | 1022 d | +28.1% | -49.8% | closed |
Closed by the member. What the member did afterwards, for context. The strategy does not act on it: exiting when members disclose selling cost 6.50 points against holding the full twelve months.
This one is in the strategy. It is an in-remit purchase, so it enters the book on the first market open after the filing appeared and is held for 365 days regardless of what the member does next.
This filing disclosed 2 transactions in total, of which 2 share this trade date (06 Oct 2023).
Few other trades share this date, so this reads as a discrete decision rather than a portfolio sweep.
Filed 13 Oct 2023 · source PDF
Same day: WBD
Price
52-week range $17.02 – $20.59. The marker is the entry: the first market open after this filing became public.
Ares Capital Corporation
Ares Capital Corporation is a business development company specializing in growth capital, acquisition, recapitalization, mezzanine debt, restructurings, rescue financing, and leveraged buyout transactions of middle market companies. It also makes growth capital and general refinancing. It prefers to make investments in companies engaged in sports, media & entertainment, industrials & business services, infrastructur…
| Sector | Financial Services |
| Industry | Asset Management |
| Analyst range | $19 – $23 |
| Employees | — |
| Instrument | ST |
| Jurisdiction tags | financials |
Inside this member's remit. Their committees cover cryptofinancialsreal estate
Expressing this with options
An illustration, not a recommendation: the nearest listed expiry to a twelve-month horizon, struck near the money. Chains are live — Yahoo publishes no historical chains, so this is priced today, not when the filing was made, and the move it describes may already have happened.
Loading chain…
Outcome
| Held | This trade | S&P 500 | Alpha |
|---|---|---|---|
| 1m | +2.8% | +3.7% | -0.8% |
| 3m | +9.1% | +10.3% | -1.2% |
| 6m | +10.8% | +17.1% | -6.3% |
| 12m 1yr | +22.8% | +35.5% | -12.7% |
| 18m | +20.5% | +23.6% | -3.1% |
| 24m | +25.6% | +57.3% | -31.7% |
| now 33.9 mo | +34.8% | +83.5% | -48.7% |
| 36m | — | — | — |
| 48m | — | — | — |
| 60m 5yr | — | — | — |
Measured from the first open after disclosure — the earliest anyone reading this could have acted. The highlighted now row sits at its true place in the sequence, so where it falls tells you how long the position has run. The last 3 rows are blank because those windows have not closed yet: this trade was entered 16 Oct 2023, so anything longer than that is still running.
Other congressional trades in ARCC
| Grade | Date | Member | Side | Amount |
|---|---|---|---|---|
| B | 24 Jul 2026 | Pete Sessions | sale | $1,001 - $15,000 |
| B | 01 Nov 2023 | Pete Sessions | sale | $1,001 - $15,000 |
| B | 15 Aug 2023 | Pete Sessions | purchase | $155.92 |
| B | 14 Jul 2023 | Pete Sessions | purchase | $240.80 |
| E | 25 May 2023 | Zoe Lofgren | sale | $1,001 - $15,000 |
| D | 18 Jan 2022 | Thomas R Carper | sale partial | $1,001 - $15,000 |
| E | 02 Sep 2021 | Zoe Lofgren | purchase | $1,001 - $15,000 |
| C | 20 Apr 2021 | Pete Sessions | purchase | $1,001 - $15,000 |
| D | 09 Jul 2020 | Thomas R Carper | sale partial | $1,001 - $15,000 |
| D | 09 Jul 2020 | Thomas R Carper | sale partial | $1,001 - $15,000 |
| C | 02 Apr 2020 | Thomas R Carper | purchase | $1,001 - $15,000 |
| D | 02 Apr 2020 | Thomas R Carper | purchase | $1,001 - $15,000 |
| E | 23 Mar 2020 | Zoe Lofgren | sale | $1,001 - $15,000 |