Michael & Susan Dell Foundation — ARES CAPITAL CORP ARCC: Quarterly 13F Position History
Michael & Susan Dell Foundation has reported ARES CAPITAL CORP (ARCC) on 2 13F-HR filings in Pactolio's tracked window, first appearing in Q4 2025. As of Q1 2026, the position is sized at 1,324,362 shares ($23.9M market value, 0.84% of the equity book). Quarter-over-quarter share count change: + 34,768 (+2.7%) .
- 1,324,362Shares Held (Latest Filing)
- $23.9MReported Market Value (Latest Filing)
- 0.84%Portfolio Weight (% of 13F Equity Book)
- +34,768Quarter-over-Quarter Share Change
- -$2.2MQuarter-over-Quarter Value Change
- 1,324,362Peak Reported Shares (Historical)
Recent initiation: Michael & Susan Dell Foundation first reported ARCC on the Q4 2025 filing — fewer than three quarters of history are available.
Quarterly 13F-HR Disclosure History Source: SEC 13F-HR filings, 2 quarter s
| Quarter | Shares | QoQ Share Change | Share Change (%) | Market Value | Weight | Implied Price |
|---|---|---|---|---|---|---|
| Q1 2026 | 1,324,362 | +34,768 | +2.7% | $23.9M | 0.84% | $18.02 |
| Q4 2025 | 1,289,594 | — | — | $26.1M | 0.90% | $20.23 |
Methodology & FAQ
How This Position History Is Sourced
Each row is one SEC Form 13F-HR filing disclosing this position. Share count, market value, and reported quarter are taken verbatim from the filing; portfolio weight is recomputed against the same filing's total reported equity book. Implied price-per-share is market value divided by shares — a quarter-end mark, not the manager's cost basis. See the full methodology document for the normalization rules.
When did Michael & Susan Dell Foundation first disclose a ARCC position in 13F-HR filings?
Michael & Susan Dell Foundation first reported ARES CAPITAL CORP (ARCC) on its 13F-HR filing for the period ending 2025-12-31 (Q4 2025). The position has appeared on 2 reported quarters within Pactolio's tracked window.
What was Michael & Susan Dell Foundation's most recent quarter-over-quarter share-count change in ARCC?
Between Q4 2025 and Q1 2026, Michael & Susan Dell Foundation added 34,768 shares of ARCC (+2.7%), bringing the total reported position to 1,324,362 shares at a market value of $23.9M.
Does the implied price-per-share represent Michael & Susan Dell Foundation's cost basis in ARCC?
No. The implied price-per-share column is the 13F-HR reported market value divided by reported share count on the filing date (end of quarter). It is a quarter-end mark, not a cost basis or transaction price. Use it as a sanity check on the value column, not as an indicator of the manager's entry or exit price.