ARDC Insider Trading
Ares Dynamic Credit Allocation Fund, Inc. |
Comprehensive Trading Performance Summary
The investment history of corporate insiders at Ares Dynamic Credit Allocation Fund, Inc. provides a unique lens into the internal conviction of the company's leadership. By analyzing SEC Form 4 filings, investors can track how directors and officers are allocating their own capital. High-conviction buying often signals that management believes the current market price significantly undervalues future growth prospects, while strategic selling might occur for personal liquidity or portfolio diversification. Monitoring these shifts in ownership is essential for understanding the alignment between management and shareholders in the sector.
Transactions on Chart
Open Full Chart| Filing Date | Trade Date | Reporting Person | Relationship | Type | Price | Qty | Total, $ | Owned After | Change, % |
|---|---|---|---|---|---|---|---|---|---|
| 2024-05-29 00:54 | 2024-05-23 | Shaw John Joseph | Director | SELL | $14.11 | 20,000 | $282,200 | 10,000 | -66.7% |
| 2023-08-19 00:16 | 2023-08-16 | Shaw John Joseph | Director | SELL | $12.82 | 30,002 | $384,508 | 30,000 | -50.0% |
| 2022-03-19 00:02 | 2022-03-17 | SPECTOR BRUCE H | Director | BUY | $14.18 | 10,000 | $141,800 | 35,000 | +40.0% |
| 2022-01-28 01:26 | 2022-01-25 | Shaw John Joseph | Director | BUY | $15.42 | 30,000 | $462,711 | 60,002 | +100.0% |
| 2021-09-17 22:46 | 2021-09-15 | Sun Life Assurance Co of Canada | 10% owner | BUY | $25.00 | 640,000 | $16,000,000 | 560,000 | +100.0% |
| 2020-05-27 23:03 | 2020-05-26 | Brufsky Seth J | Director, Officer - President and CEO / Portfolio | BUY | $11.31 | 20,000 | $226,276 | 69,137 | +40.7% |
| 2020-01-21 22:58 | 2020-01-16 | Shaw John Joseph | Director | SELL | $15.78 | 5,150 | $81,267 | 30,002 | -14.7% |
| 2019-10-18 02:13 | 2019-10-15 | ARES CAPITAL MANAGEMENT II LLC | Other | SELL | $14.78 | 8,221 | $121,515 | 59 | -99.3% |
| 2018-12-28 20:38 | 2018-12-24 | SPECTOR BRUCE H | Director | BUY | $13.30 | 10,000 | $132,989 | 25,000 | +66.7% |
| 2018-12-28 00:52 | 2018-12-24 | Brufsky Seth J | Director, Officer - President and CEO | BUY | $13.39 | 10,000 | $133,890 | 49,137 | +25.6% |
| 2018-12-11 22:21 | 2018-12-04 | HUNT JAMES KELSO | Director | BUY | $14.77 | 2,000 | $29,539 | 7,000 | +40.0% |
| 2018-09-28 20:11 | 2018-09-26 | Shaw John Joseph | Director | BUY | $15.56 | 20,000 | $311,126 | 31,461 | +174.5% |
| 2018-09-28 20:12 | 2018-09-26 | SPECTOR BRUCE H | Director | BUY | $15.63 | 3,720 | $58,143 | 15,001 | +33.0% |
| 2018-07-11 03:03 | 2018-07-10 | Hall Daniel J | Officer - GC, CLO and Secretary | BUY | $16.00 | 2,500 | $40,000 | 2,500 | +100.0% |
| 2016-12-22 21:42 | 2016-12-21 | HUNT JAMES KELSO | Director | BUY | $14.97 | 5,000 | $74,844 | 5,000 | +100.0% |
| 2016-12-20 02:36 | 2016-12-16 | Shaw John Joseph | Director | BUY | $14.98 | 10,000 | $149,789 | 10,000 | +100.0% |
| 2016-04-21 02:52 | 2016-04-19 | Reiss M. Freddie | Director | BUY | $13.40 | 2,500 | $33,488 | 2,500 | +100.0% |
| 2016-03-04 03:44 | 2015-12-07 | SACHS DAVID A | Director | BUY | $13.52 | 7,500 | $101,400 | 67,193 | +12.6% |
| 2015-12-10 03:15 | 2015-12-07 | SACHS DAVID A | Director | BUY | $13.52 | 7,500 | $101,400 | 64,648 | +13.1% |
| 2015-08-19 03:54 | 2015-08-17 | Ashton Keith | Officer, Other - Vice President | BUY | $14.98 | 892 | $13,362 | 1,011 | +749.6% |
| 2015-07-23 00:12 | 2015-07-21 | Brufsky Seth J | Director, Officer, Other - President and CEO | BUY | $15.37 | 2,500 | $38,425 | 21,489 | +13.2% |
| 2014-10-20 21:59 | 2014-10-16 | Margolies Gregory A | Other | BUY | $16.70 | 10,000 | $167,000 | 15,341 | +187.2% |
| 2014-03-26 23:42 | 2014-03-24 | SPECTOR BRUCE H | Director | BUY | $18.35 | 4,000 | $73,401 | 4,000 | +100.0% |
| 2013-11-19 22:03 | 2013-11-15 | Ashton Keith | Officer, Other - Vice President | BUY | $17.84 | 250 | $4,459 | 250 | +100.0% |
| 2013-11-01 04:00 | 2013-10-29 | ARES CAPITAL MANAGEMENT II LLC | Other | BUY | $18.10 | 7,000 | $126,692 | 141,354 | +5.2% |
| 2013-10-29 04:30 | 2013-10-24 | ARES CAPITAL MANAGEMENT II LLC | Other | BUY | $18.10 | 21,168 | $383,173 | 134,354 | +18.7% |
| 2013-10-24 03:30 | 2013-10-21 | ARES CAPITAL MANAGEMENT II LLC | Other | BUY | $18.12 | 20,600 | $373,274 | 113,186 | +22.2% |
| 2013-10-19 01:30 | 2013-10-16 | ARES CAPITAL MANAGEMENT II LLC | Other | BUY | $18.11 | 22,500 | $407,405 | 92,586 | +32.1% |
| 2013-10-16 03:16 | 2013-10-10 | ARES CAPITAL MANAGEMENT II LLC | Other | BUY | $18.00 | 27,900 | $502,303 | 70,086 | +66.1% |
| 2013-10-10 01:30 | 2013-10-07 | ARES CAPITAL MANAGEMENT II LLC | Other | BUY | $18.01 | 9,700 | $174,702 | 42,186 | +29.9% |
| 2013-10-09 01:15 | 2013-10-04 | SACHS DAVID A | Director | BUY | $18.11 | 1,800 | $32,598 | 42,100 | +4.5% |
| 2013-10-05 01:01 | 2013-10-02 | Brufsky Seth J | Director, Officer - President and CEO | BUY | $18.44 | 1,000 | $18,440 | 10,500 | +10.5% |
| 2013-10-02 02:00 | 2013-09-27 | ARES CAPITAL MANAGEMENT II LLC | Other | BUY | $17.99 | 3,053 | $54,913 | 32,486 | +10.4% |
| 2013-09-27 03:20 | 2013-09-24 | ARES CAPITAL MANAGEMENT II LLC | Other | BUY | $18.07 | 4,697 | $84,858 | 29,433 | +19.0% |
| 2013-09-24 03:53 | 2013-09-19 | ARES CAPITAL MANAGEMENT II LLC | Other | BUY | $18.41 | 8,000 | $147,282 | 24,736 | +47.8% |
| 2013-09-19 01:30 | 2013-09-16 | ARES CAPITAL MANAGEMENT II LLC | Other | BUY | $18.72 | 6,000 | $112,310 | 16,736 | +55.9% |
| 2013-09-17 01:31 | 2013-09-12 | ARES CAPITAL MANAGEMENT II LLC | Other | BUY | $18.77 | 5,500 | $103,250 | 10,736 | +105.1% |
| 2013-08-24 00:15 | 2013-08-21 | SACHS DAVID A | Director | BUY | $18.17 | 1,800 | $32,707 | 40,300 | +4.7% |
| 2013-08-22 00:15 | 2013-08-19 | SACHS DAVID A | Director | BUY | $18.30 | 1,500 | $27,448 | 38,500 | +4.1% |
| 2013-07-30 00:15 | 2013-07-25 | SACHS DAVID A | Director | BUY | $18.40 | 1,000 | $18,400 | 37,000 | +2.8% |
| 2013-06-22 02:25 | 2013-06-19 | Brufsky Seth J | Director, Officer, Other - President and CEO | BUY | $19.02 | 2,000 | $38,037 | 9,500 | +26.7% |
| 2013-06-22 02:25 | 2013-06-19 | SACHS DAVID A | Director | BUY | $18.95 | 3,000 | $56,837 | 36,000 | +9.1% |
| 2013-06-13 02:13 | 2013-06-10 | SACHS DAVID A | Director | BUY | $19.46 | 5,000 | $97,300 | 33,000 | +17.9% |
| 2013-03-22 02:45 | 2013-03-19 | SACHS DAVID A | Director | BUY | $19.51 | 500 | $9,755 | 28,000 | +1.8% |
| 2013-01-18 22:57 | 2013-01-16 | Dell Anthony S | Officer, Other - CCO, Anti-Money Laundering Off | BUY | $19.32 | 1,400 | $27,055 | 1,400 | +100.0% |
| 2012-11-30 04:23 | 2012-11-27 | Erlanger Philip Robert | Director | BUY | $20.00 | 2,500 | $50,000 | 2,500 | +100.0% |
| 2012-11-30 04:22 | 2012-11-27 | Brufsky Seth J | Director, Officer, Other - President and CEO | BUY | $20.00 | 7,500 | $150,000 | 7,500 | +100.0% |
| 2012-11-30 04:23 | 2012-11-27 | SACHS DAVID A | Director | BUY | $20.00 | 27,500 | $550,000 | 27,500 | +100.0% |
| 2012-11-30 04:22 | 2012-11-27 | RESSLER ANTONY P | Other | BUY | $20.00 | 130,000 | $2,600,000 | 4,300 | +100.0% |
| 2007-12-18 05:31 | 2007-12-13 | Hickey Denis | Officer - Chief Financial Officer | SELL | $12.88 | 4,200 | $54,100 | 0 | -100.0% |
How to Interpret $ARDC Trades
Not every insider transaction in Ares Dynamic Credit Allocation Fund, Inc. is a signal for immediate action. Professional investors look for "cluster buying"—when multiple executives simultaneously purchase $ARDC shares on the open market. It is crucial to distinguish between scheduled sales (under Rule 10b5-1) and voluntary increases in ownership, which demonstrate management’s true conviction that the stock is undervalued.
Data Source & Accuracy for ARDC
Insider activity data for Ares Dynamic Credit Allocation Fund, Inc. is streamed in real-time directly from the SEC EDGAR system. We analyze raw Form 4 filings, filtering out technical adjustments and complex derivative transactions. This provides a transparent view of how ownership structure is evolving in $ARDC, allowing you to follow the capital of those with the most intimate knowledge of the company.
UNDERSTANDING THE DATA
FILING DATE: The date and time when the transaction was reported to the SEC. This is when the public first receives the information.
TRADE DATE: The actual day the insider executed the purchase or sale in the market.
INDUSTRY: The specific market sector the company operates in. Useful for identifying broader institutional capital flows across sectors.
OWNED AFTER: The total number of shares held by the insider following the transaction. This highlights the insider's remaining conviction in the company.
CHANGE %: The percentage increase or decrease of the insider's total position. Large percentage changes often carry more weight than the dollar amount alone.
TRADE TYPES DEFINITIONS
BUY: An open market purchase. Typically indicates an insider's belief that the stock is undervalued or poised for growth.
SELL: An open market sale. While often used for diversification or liquidity, large or unexpected sales can be a warning signal.
OPT+S (OPTION EXERCISE & SALE): This occurs when an insider exercises their stock options and sells them immediately. Often part of a structured compensation plan.