Michael K. Parks

ARCC

DIRECTOR · ARES CAPITAL CORP · CIK 0001186796

FILING MIX · LIFETIME100%/0%

BUYS

SELLS

TOTAL VALUE

$237.0K

COMPANIES

ACTIVE SINCE

Jun 2020

HOLDINGS NOW

21,199

AVG SELL PX

—

Trades · vs SPY

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Performance · forward returns vs SPY

6 backtested trades · 8 horizons

Forward-return performance of every backtestable P/S trade by Michael K. Parks, measured at 8 horizons from 7 days to 2 years. Deduped per economic event so co-filings count once. Excess return = trade return minus SPY return over the same window.

HORIZON	TRADES	WIN RATE	INSIDER RETURN	SPY RETURN	MEAN EXCESS	MEDIAN EXCESS	T-STAT
7d	6	+83.33%	+1.53%	+1.30%	+0.23%	+0.44%	—
14d	6	+33.33%	-1.01%	+0.56%	-1.58%	-1.88%	—
30d	6	+50.00%	-0.20%	+2.98%	-3.18%	-3.04%	—
60d	6	+100.00%	+4.72%	+6.55%	-1.83%	-2.35%	—
90d	6	+66.67%	+11.66%	+9.77%	+1.89%	+7.44%	—
180d	6	+100.00%	+31.31%	+18.45%	+12.86%	+15.07%	—
1y	6	+100.00%	+52.37%	+36.59%	+15.78%	+19.00%	—
2y	6	+100.00%	+62.99%	+28.38%	+34.62%	+39.77%	—

How to read this: Insider Returnis the average raw return of the filer's trades over the horizon. SPY Return is what SPY did over those same windows — reference only, not a comparison. The headline alpha number is Mean Excess = Insider − SPY; green means the filer beat SPY, red means they trailed it. Win rate is the share of individual trades where the filer beat SPY. T-statvalues above 2 mean the alpha is unlikely to be chance given the sample size. "Pending" counts trades where the horizon hasn't elapsed yet; their stats are not included in the row average.

Holdings over time

ARCC · 21,199 shares · as of Sep 11, 2020

Trading cadence · quarterly flow

BUY ● SELL ●

2020

FLOW · 6 buys / 0 sellsCOVERAGE · 2 quarters

Form 4 filings · all activity

COMPANY	TYPE	SHARES	PRICE	VALUE	HELD AFTER	TRADE DATE	FILED
ARCC ARES CAPITAL CORP	PURCHASE	2,500	$14.58	$36.5K	21,199	Sep 11, 2020	Sep 11, 2020 ↗
ARCC ARES CAPITAL CORP	PURCHASE	5,000	$14.10	$70.5K	18,699	Sep 9, 2020	Sep 11, 2020 ↗
ARCC ARES CAPITAL CORP	PURCHASE	2,000	$14.23	$28.5K	13,699	Aug 18, 2020	Aug 19, 2020 ↗
ARCC ARES CAPITAL CORP	PURCHASE	3,000	$14.31	$42.9K	11,699	Aug 17, 2020	Aug 19, 2020 ↗
ARCC ARES CAPITAL CORP	PURCHASE	2,000	$14.62	$29.2K	8,521	Jun 12, 2020	Jun 15, 2020 ↗
ARCC ARES CAPITAL CORP	PURCHASE	2,000	$14.71	$29.4K	6,521	Jun 11, 2020	Jun 15, 2020 ↗

Other insiders · ARCC

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About this filer

CIK 0001186796

ROLE

Director

PRIMARY

ARCC

COMPANIES

ACTIVE SINCE

Jun 2020

MARKETPEEL · /INSIDER/0001186796DATA · SEC EDGAR · FORM 4 · CONSOLIDATED TAPE

Michael K. Parks

The morning brief, before the bell.