Trade of the SELL 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 |
|
22/22 |
|
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 0 days Inside two weeks - most of the following year was still available to anyone reading the filing.
The position this closes
| Bought | Disclosed size | Held | Return | vs S&P |
|---|---|---|---|---|
| 14 Jul 2023 | $240.80 | 1106 d | +29.7% | -41.0% |
| 15 Aug 2023 | $155.92 | 1074 d | +28.7% | -44.5% |
| 06 Oct 2023 | $569.25 | 1022 d | +28.1% | -49.8% |
What a follower should do: already closed.
The tracked position had already reached its twelve months and been sold on the calendar before this sale was disclosed, so there is nothing to act on.
Matched oldest-lot-first on disclosed value within this account. Filings give a range, never a share count, so the pairing reads the documents rather than reconstructing the portfolio.
This is a sale, and the strategy does not act on it. It records the member closing a position; it is not a short signal and not an instruction to sell. Exiting when members disclose selling, rather than at twelve months, cut in-remit alpha from +6.76% to +3.57% — a cost of 6.50 points on the trades it changed. See the method.
This filing disclosed 1 transactions in total, of which 1 share this trade date (24 Jul 2026).
Few other trades share this date, so this reads as a discrete decision rather than a portfolio sweep.
Filed 24 Jul 2026 · source PDF
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 | — | — | — |
| 3m | — | — | — |
| 6m | — | — | — |
| 12m 1yr | — | — | — |
| 18m | — | — | — |
| 24m | — | — | — |
| 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 9 rows are blank because those windows have not closed yet: this trade was entered —, so anything longer than that is still running.
Other congressional trades in ARCC
| Grade | Date | Member | Side | Amount |
|---|---|---|---|---|
| B | 01 Nov 2023 | Pete Sessions | sale | $1,001 - $15,000 |
| B | 06 Oct 2023 | Pete Sessions | purchase | $569.25 |
| 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 |