Institutional Manager · CIK 0001259313
ARES MANAGEMENT LLC
Los Angeles, CA · File #028-12990
Latest AUM
$1.75B
Positions
35
Top-10 Concentration
90.2%
Filings
9
Portfolio Value Over Time
2024-03
2024-06
2024-09
2024-12
2025-03
2025-06
2025-09
2025-12
Biggest QoQ Changes
Ranked by conviction flow (share change × current price) so mark-to-market moves don't dominate. Price effect column shows how much of the $ change was just the stock moving.
| Action | Issuer | Ticker / CUSIP | Δ Shares | Flow ($) | Price Effect |
|---|---|---|---|---|---|
| EXITED | SPDR Series Trust | 78464A888 | -200,000 | -$22.2M | $0 |
| ADD | Blue Owl Technology Finance Corp | OTF | +601,104 | +$8.7M | +$388,127 |
| ADD | Goldman Sachs BDC Inc | GSBD | +614,637 | +$5.7M | -$710,595 |
| NEW | FTAI Infrastructure Inc. | FIP | +1,197,554 | +$5.5M | $0 |
| ADD | Blue Owl Capital Corp | OWL | +359,793 | +$4.5M | -$845,907 |
| ADD | Ares Capital Corp | ARCC | +191,434 | +$3.9M | -$369,788 |
| NEW | Oxford Lane Capital Corp. | OXLCZ | +247,500 | +$3.6M | $0 |
| ADD | Nuveen Churchill Direct Lending Corp | 67090S108 | +235,674 | +$3.1M | -$57,572 |
| ADD | MSC Income Fund Inc | MSIF | +179,858 | +$2.4M | +$4,084 |
| ADD | Golub Capital BDC Inc | 38173M102 | +165,000 | +$2.2M | -$308,545 |
Sector Allocation
Filing History
- 13F HOLDINGS REPORTQ/E Dec 202535 pos · $1.75B
- 13F HOLDINGS REPORTQ/E Sep 202535 pos · $2.20B
- 13F HOLDINGS REPORTQ/E Jun 202534 pos · $1.96B
- 13F HOLDINGS REPORTQ/E Mar 202533 pos · $1.63B
- 13F HOLDINGS REPORTQ/E Dec 202434 pos · $2.84B
- 13F HOLDINGS REPORTQ/E Sep 202437 pos · $3.61B
- 13F HOLDINGS REPORTQ/E Jun 202434 pos · $3.37B
- 13F HOLDINGS REPORTQ/E Mar 202436 pos · $4.36B
- 13F HOLDINGS REPORTQ/E Dec 202339 pos · $3.85B
Top 20 Holdings — Dec 2025
| # | Issuer | Ticker | Shares | Value | % of Portfolio |
|---|---|---|---|---|---|
| 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% |