Filed: 11/14/2025ACC: 0001104659-25-112525
📋 What this filing means
ARES MANAGEMENT LLC filed this quarterly 13F‑HR report disclosing 35 equity positions with a total reported market value of $2.20B. This filing provides a transparent view of the manager's long equity holdings as of the quarter end.
35
Positions
$2.20B
Total AUM (reported)
422.50M
Total Shares
Allocation by class
COM$1.89B85.7%
COM CL A$112.20M5.1%
CL A NEW$99.73M4.5%
COMMON STOCK$28.86M1.3%
CL A$27.80M1.3%
S&P HOMEBUILD$22.16M1.0%
SHS$8.12M0.4%
Portfolio Concentration
Top 3$1.77B80.2%
4–10$264.53M12.0%
11–25$155.89M7.1%
Rest$15.00M0.7%
Top 3 weight
80.2%
Top 10 weight
92.2%
Voting Authority Distribution
Total shares with voting rights: 422.50M
Sole
Full voting authority
422.50M
shares
% of voting shares100.0%
Shared
Joint voting authority
0.00
shares
% of voting shares0.0%
None
No voting authority
0.00
shares
% of voting shares0.0%
Investment Discretion (by position count)
Sole0
Shared0
Other35
Dominant voting typeSole · 100.0% of voting shares
Institutional Holdings35
Rows:
Savers Value Village Inc
DFNDShares117.45M
TypeSH
Market value$1.56B
70.65%
Sole
117.45M
Shared
0.00
None
0.00
Global Business Travel Group
DFNDShares13.89M
TypeSH
Market value$112.20M
5.09%
Sole
13.89M
Shared
0.00
None
0.00
Multiplan Corp
DFNDShares1.86M
TypeSH
Market value$98.89M
4.49%
Sole
1.86M
Shared
0.00
None
0.00
Clear Channel Outdoor Hldgs
DFNDShares41.20M
TypeSH
Market value$65.09M
2.96%
Sole
41.20M
Shared
0.00
None
0.00
Ares Capital Corp
DFNDShares2.05M
TypeSH
Market value$41.93M
1.90%
Sole
2.05M
Shared
0.00
None
0.00
Golub Capital BDC Inc
DFNDShares2.57M
TypeSH
Market value$35.20M
1.60%
Sole
2.57M
Shared
0.00
None
0.00
Barings BDC Inc
DFNDShares3.80M
TypeSH
Market value$33.26M
1.51%
Sole
3.80M
Shared
0.00
None
0.00
Sixth Street Specialty Lending Inc
DFNDShares1.39M
TypeSH
Market value$31.88M
1.45%
Sole
1.39M
Shared
0.00
None
0.00
Blue Owl Capital Corp.
DFNDShares2.49M
TypeSH
Market value$31.77M
1.44%
Sole
2.49M
Shared
0.00
None
0.00
Oaktree Specialty Lending Corp
DFNDShares1.95M
TypeSH
Market value$25.39M
1.15%
Sole
1.95M
Shared
0.00
None
0.00
SPDR Series Trust
DFNDShares200K
TypeSH
Market value$22.16M
1.01%
Sole
200K
Shared
0.00
None
0.00
Blackstone Secured Lending Fund
DFNDShares821.10K
TypeSH
Market value$21.41M
0.97%
Sole
821.10K
Shared
0.00
None
0.00
FS KKR Cap Corp
DFNDShares1.28M
TypeSH
Market value$19.12M
0.87%
Sole
1.28M
Shared
0.00
None
0.00
Tempus AI Inc.
DFNDShares164.38K
TypeSH
Market value$13.27M
0.60%
Sole
164.38K
Shared
0.00
None
0.00
ARKO Corp
DFNDShares2.11M
TypeSH
Market value$9.64M
0.44%
Sole
2.11M
Shared
0.00
None
0.00
Altice USA Inc
DFNDShares3.55M
TypeSH
Market value$8.55M
0.39%
Sole
3.55M
Shared
0.00
None
0.00
Trinity Cap Inc
DFNDShares545.72K
TypeSH
Market value$8.45M
0.38%
Sole
545.72K
Shared
0.00
None
0.00
Goldman Sachs BDC Inc
DFNDShares798.42K
TypeSH
Market value$8.12M
0.37%
Sole
798.42K
Shared
0.00
None
0.00
Blue Owl Technology Fin Corp
DFNDShares539.06K
TypeSH
Market value$7.45M
0.34%
Sole
539.06K
Shared
0.00
None
0.00
Crescent Capital BDC Inc
DFNDShares516.41K
TypeSH
Market value$7.36M
0.33%
Sole
516.41K
Shared
0.00
None
0.00
OPAL Fuels Inc
DFNDShares3.06M
TypeSH
Market value$6.73M
0.31%
Sole
3.06M
Shared
0.00
None
0.00
Midcap Financial Invstmnt Co
DFNDShares545.53K
TypeSH
Market value$6.54M
0.30%
Sole
545.53K
Shared
0.00
None
0.00
Black Rock Coffee Bar Inc
DFNDShares250.68K
TypeSH
Market value$5.98M
0.27%
Sole
250.68K
Shared
0.00
None
0.00
New Mtn Fin Corp
DFNDShares596.37K
TypeSH
Market value$5.75M
0.26%
Sole
596.37K
Shared
0.00
None
0.00
MSC Income Fund Inc
DFNDShares408.39K
TypeSH
Market value$5.36M
0.24%
Sole
408.39K
Shared
0.00
None
0.00
| Issuer | Class | Shares | Type | Value / Portfolio % | Voting — Sole | Shared | None |
|---|---|---|---|---|---|---|---|
Savers Value Village IncDFND | COM | 117.45M | SH | $1.56B 70.65% | 117.45M | 0.00 | 0.00 |
Global Business Travel GroupDFND | COM CL A | 13.89M | SH | $112.20M 5.09% | 13.89M | 0.00 | 0.00 |
Multiplan CorpDFND | CL A NEW | 1.86M | SH | $98.89M 4.49% | 1.86M | 0.00 | 0.00 |
Clear Channel Outdoor HldgsDFND | COM | 41.20M | SH | $65.09M 2.96% | 41.20M | 0.00 | 0.00 |
Ares Capital CorpDFND | COM | 2.05M | SH | $41.93M 1.90% | 2.05M | 0.00 | 0.00 |
Golub Capital BDC IncDFND | COM | 2.57M | SH | $35.20M 1.60% | 2.57M | 0.00 | 0.00 |
Barings BDC IncDFND | COM | 3.80M | SH | $33.26M 1.51% | 3.80M | 0.00 | 0.00 |
Sixth Street Specialty Lending IncDFND | COM | 1.39M | SH | $31.88M 1.45% | 1.39M | 0.00 | 0.00 |
Blue Owl Capital Corp.DFND | COM | 2.49M | SH | $31.77M 1.44% | 2.49M | 0.00 | 0.00 |
Oaktree Specialty Lending CorpDFND | COM | 1.95M | SH | $25.39M 1.15% | 1.95M | 0.00 | 0.00 |
SPDR Series TrustDFND | S&P HOMEBUILD | 200K | SH | $22.16M 1.01% | 200K | 0.00 | 0.00 |
Blackstone Secured Lending FundDFND | COMMON STOCK | 821.10K | SH | $21.41M 0.97% | 821.10K | 0.00 | 0.00 |
FS KKR Cap CorpDFND | COM | 1.28M | SH | $19.12M 0.87% | 1.28M | 0.00 | 0.00 |
Tempus AI Inc.DFND | CL A | 164.38K | SH | $13.27M 0.60% | 164.38K | 0.00 | 0.00 |
ARKO CorpDFND | COM | 2.11M | SH | $9.64M 0.44% | 2.11M | 0.00 | 0.00 |
Altice USA IncDFND | CL A | 3.55M | SH | $8.55M 0.39% | 3.55M | 0.00 | 0.00 |
Trinity Cap IncDFND | COM | 545.72K | SH | $8.45M 0.38% | 545.72K | 0.00 | 0.00 |
Goldman Sachs BDC IncDFND | SHS | 798.42K | SH | $8.12M 0.37% | 798.42K | 0.00 | 0.00 |
Blue Owl Technology Fin CorpDFND | COMMON STOCK | 539.06K | SH | $7.45M 0.34% | 539.06K | 0.00 | 0.00 |
Crescent Capital BDC IncDFND | COM | 516.41K | SH | $7.36M 0.33% | 516.41K | 0.00 | 0.00 |
OPAL Fuels IncDFND | CLASS A COM | 3.06M | SH | $6.73M 0.31% | 3.06M | 0.00 | 0.00 |
Midcap Financial Invstmnt CoDFND | COM NEW | 545.53K | SH | $6.54M 0.30% | 545.53K | 0.00 | 0.00 |
Black Rock Coffee Bar IncDFND | CL A | 250.68K | SH | $5.98M 0.27% | 250.68K | 0.00 | 0.00 |
New Mtn Fin CorpDFND | COM | 596.37K | SH | $5.75M 0.26% | 596.37K | 0.00 | 0.00 |
MSC Income Fund IncDFND | COM | 408.39K | SH | $5.36M 0.24% | 408.39K | 0.00 | 0.00 |
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