13F HOLDINGS REPORT
ARES MANAGEMENT LLC
Quarter ended Q4 2025 · Filed February 13, 2026 · Accession 0001104659-26-015209
Total Value
$1.75B
Positions
35
Other Managers
4
Confidential Omitted
No
Holdings (35)
| # | Issuer | Ticker / CUSIP | Shares | Value | % of Filing |
|---|---|---|---|---|---|
| 1 | Savers Value Village Inc | 80517M109 | 117,449,188 | $1.10B | 62.67% |
| 2 | Global Business Travel Group I | GBTG | 13,886,023 | $106.2M | 6.07% |
| 3 | Clear Channel Outdoor Holdings, Inc. | CCO | 41,197,491 | $91.0M | 5.20% |
| 4 | Multiplan Corp | CTEV | 1,863,105 | $79.6M | 4.55% |
| 5 | Ares Capital Corp | ARCC | 2,245,810 | $45.4M | 2.60% |
| 6 | Golub Capital BDC Inc | 38173M102 | 2,736,210 | $37.1M | 2.12% |
| 7 | Blue Owl Capital Corp | OWL | 2,847,757 | $35.4M | 2.02% |
| 8 | Barings BDC Inc | BBDC | 3,590,176 | $33.0M | 1.88% |
| 9 | Sixth Street Specialty Lending Inc | TSLX | 1,354,779 | $29.4M | 1.68% |
| 10 | Oaktree Specialty Lending Corp | OCSL | 1,933,305 | $24.6M | 1.41% |
| 11 | Blackstone Secured Lending Fund | BX | 801,100 | $21.1M | 1.21% |
| 12 | FS KKR Capital Corp | FSK | 1,277,482 | $18.9M | 1.08% |
| 13 | Blue Owl Technology Finance Corp | OTF | 1,140,168 | $16.6M | 0.95% |
| 14 | Goldman Sachs BDC Inc | GSBD | 1,413,058 | $13.1M | 0.75% |
| 15 | Tempus AI, Inc. | TEM | 164,383 | $9.7M | 0.55% |
| 16 | Arko Corp | ARKO | 2,110,000 | $9.6M | 0.55% |
| 17 | Trinity Capital Inc | TRINZ | 545,723 | $8.0M | 0.46% |
| 18 | MSC Income Fund Inc | MSIF | 588,251 | $7.7M | 0.44% |
| 19 | Crescent Capital BDC Inc | 225655109 | 516,409 | $7.3M | 0.41% |
| 20 | OPAL Fuels Inc | OPAL | 3,059,533 | $7.2M | 0.41% |
| 21 | MidCap Financial Investment Corp | 03761U502 | 545,532 | $6.2M | 0.36% |
| 22 | Altice USA Inc | OPTU | 3,547,478 | $5.9M | 0.33% |
| 23 | Black Rock Coffee Bar, Inc. | BRCB | 250,676 | $5.6M | 0.32% |
| 24 | New Mountain Finance Corp | 647551100 | 602,575 | $5.5M | 0.32% |
| 25 | FTAI Infrastructure Inc. | FIP | 1,197,554 | $5.5M | 0.32% |
| 26 | Runway Growth Finance Corp | RWAYL | 553,123 | $4.9M | 0.28% |
| 27 | Nuveen Churchill Direct Lending Corp | 67090S108 | 360,830 | $4.8M | 0.27% |
| 28 | Hercules Capital Inc | HCXY | 201,606 | $3.8M | 0.22% |
| 29 | Oxford Lane Capital Corp. | OXLCZ | 247,500 | $3.6M | 0.21% |
| 30 | Eagle Point Credit Co Inc | ECCW | 311,659 | $1.8M | 0.10% |
| 31 | Morgan Stanley Direct Lending Fund | 61774A103 | 100,000 | $1.6M | 0.09% |
| 32 | Rent the Runway, Inc. | RENT | 169,383 | $1.3M | 0.08% |
| 33 | Bain Capital Specialty Finance Inc | 05684B107 | 68,595 | $954,156 | 0.05% |
| 34 | Yunji Inc | YJ | 215,800,000 | $636,610 | 0.04% |
| 35 | Uniti Group Inc | UNIT | 14,518 | $101,771 | 0.01% |