ARES SYSTEMATIC CREDIT LTD

Filed: 5/19/2026ACC: 0001104659-26-063842

📋 What this filing means

ARES SYSTEMATIC CREDIT LTD filed this quarterly 13F‑HR report disclosing 145 equity positions with a total reported market value of $123.05M. This filing provides a transparent view of the manager's long equity holdings as of the quarter end.

145

Positions

$123.05M

Total AUM (reported)

87.79M

Total Shares

Allocation by class

COM$17.16M13.9%

NOTE 11/1$4.90M4.0%

NOTE 2.500% 2/0$4.24M3.4%

NOTE 1.250% 8/1$4.17M3.4%

NOTE 1.000%12/0$4.17M3.4%

NOTE 0.250%10/0$4.12M3.4%

NOTE 2.250% 6/0$4.11M3.3%

Portfolio Concentration

Top 3$12.43M10.1%

4–10$21.74M17.7%

11–25$33.13M26.9%

Rest$55.74M45.3%

Top 3 weight

10.1%

Top 10 weight

27.8%

Voting Authority Distribution

Total shares with voting rights: 87.79M

Sole

Full voting authority

87.79M

% of voting shares100.0%

Shared

Joint voting authority

0.00

% of voting shares0.0%

None

No voting authority

0.00

% of voting shares0.0%

Investment Discretion (by position count)

Sole145

Shared0

Other0

Dominant voting typeSole · 100.0% of voting shares

Institutional Holdings145

Rows:

WORKIVA INC

SOLE

NOTE 1.250% 8/1

Shares4.20M

TypePRN

Market value$4.17M

3.39%

Sole

4.20M

Shared

0.00

None

0.00

IMMUNOCORE HOLDINGS

SOLE

NOTE 2.500% 2/0

Shares4.50M

TypePRN

Market value$4.14M

3.36%

Sole

4.50M

Shared

0.00

None

0.00

SOLARIS ENERGY INFRASTRU

SOLE

NOTE 0.250%10/0

Shares3.80M

TypePRN

Market value$4.12M

3.35%

Sole

3.80M

Shared

0.00

None

0.00

ALARM.COM HLDGS INC

SOLE

NOTE 2.250% 6/0

Shares4.30M

TypePRN

Market value$4.11M

3.34%

Sole

4.30M

Shared

0.00

None

0.00

SNOWFLAKE INC

SOLE

NOTE 10/0

Shares2.30M

TypePRN

Market value$3.42M

2.78%

Sole

2.30M

Shared

0.00

None

0.00

BIOMARIN PHARMACEUTICAL

SOLE

NOTE 1.250% 5/1

Shares3.40M

TypePRN

Market value$3.27M

2.66%

Sole

3.40M

Shared

0.00

None

0.00

EVERGY INC

SOLE

NOTE 4.500%12/1

Shares2.50M

TypePRN

Market value$3.05M

2.48%

Sole

2.50M

Shared

0.00

None

0.00

HAEMONETICS CORP

SOLE

NOTE 2.500% 6/0

Shares2.70M

TypePRN

Market value$2.82M

2.29%

Sole

2.70M

Shared

0.00

None

0.00

AKAMAI TECHNOLOGIES INC

SOLE

NOTE 1.125% 2/1

Shares2.60M

TypePRN

Market value$2.59M

2.10%

Sole

2.60M

Shared

0.00

None

0.00

GUARDANT HEALTH INC

SOLE

NOTE 11/1

Shares2.30M

TypePRN

Market value$2.49M

2.02%

Sole

2.30M

Shared

0.00

None

0.00

ETSY INC

SOLE

NOTE 0.125% 9/0

Shares2.60M

TypePRN

Market value$2.41M

1.96%

Sole

2.60M

Shared

0.00

None

0.00

BRIDGEBIO PHARMA INC

SOLE

NOTE 2.250% 2/0

Shares2.10M

TypePRN

Market value$2.38M

1.94%

Sole

2.10M

Shared

0.00

None

0.00

ENVISTA HOLDINGS CORP

SOLE

NOTE 1.750% 8/1

Shares2.40M

TypePRN

Market value$2.33M

1.89%

Sole

2.40M

Shared

0.00

None

0.00

AKAMAI TECHNOLOGIES INC

SOLE

NOTE 0.375% 9/0

Shares2.30M

TypePRN

Market value$2.31M

1.88%

Sole

2.30M

Shared

0.00

None

0.00

HERBALIFE LTD

SOLE

NOTE 4.250% 6/1

Shares2.10M

TypePRN

Market value$2.28M

1.85%

Sole

2.10M

Shared

0.00

None

0.00

WEC ENERGY GROUP INC

SOLE

NOTE 4.375% 6/0

Shares2M

TypePRN

Market value$2.27M

1.84%

Sole

Shared

0.00

None

0.00

DROPBOX INC

SOLE

NOTE 3/0

Shares2.20M

TypePRN

Market value$2.22M

1.81%

Sole

2.20M

Shared

0.00

None

0.00

GUARDANT HEALTH INC

SOLE

DEBT 1.250% 2/1

Shares1.20M

TypePRN

Market value$2.21M

1.79%

Sole

1.20M

Shared

0.00

None

0.00

DYNAVAX TECHNOLOGIES

SOLE

DEBT 2.000% 3/1

Shares2.10M

TypePRN

Market value$2.20M

1.79%

Sole

2.10M

Shared

0.00

None

0.00

OMNICELL INC

SOLE

NOTE 1.000%12/0

Shares2M

TypePRN

Market value$2.17M

1.76%

Sole

Shared

0.00

None

0.00

SOUTHERN CO

SOLE

NOTE 4.500% 6/1

Shares2M

TypePRN

Market value$2.14M

1.74%

Sole

Shared

0.00

None

0.00

ETSY INC

SOLE

NOTE 0.125%10/0

Shares2.10M

TypePRN

Market value$2.13M

1.73%

Sole

2.10M

Shared

0.00

None

0.00

IONIS PHARMACEUTICALS IN

SOLE

NOTE 1.750% 6/1

Shares1.30M

TypePRN

Market value$2.07M

1.68%

Sole

1.30M

Shared

0.00

None

0.00

NEXTERA ENERGY CAPITAL

SOLE

NOTE 3.000% 3/0

Shares1.60M

TypePRN

Market value$2.01M

1.63%

Sole

1.60M

Shared

0.00

None

0.00

COGENT BIOSCIENCES INC

SOLE

NOTE 1.625%11/1

Shares1.70M

TypePRN

Market value$2.00M

1.63%

Sole

1.70M

Shared

0.00

None

0.00

Issuer	Class	Shares	Type	Value / Portfolio %	Voting — Sole
WORKIVA INCSOLE	NOTE 1.250% 8/1	4.20M	PRN	$4.17M 3.39%	4.20M
IMMUNOCORE HOLDINGSSOLE	NOTE 2.500% 2/0	4.50M	PRN	$4.14M 3.36%	4.50M
SOLARIS ENERGY INFRASTRUSOLE	NOTE 0.250%10/0	3.80M	PRN	$4.12M 3.35%	3.80M
ALARM.COM HLDGS INCSOLE	NOTE 2.250% 6/0	4.30M	PRN	$4.11M 3.34%	4.30M
SNOWFLAKE INCSOLE	NOTE 10/0	2.30M	PRN	$3.42M 2.78%	2.30M
BIOMARIN PHARMACEUTICALSOLE	NOTE 1.250% 5/1	3.40M	PRN	$3.27M 2.66%	3.40M
EVERGY INCSOLE	NOTE 4.500%12/1	2.50M	PRN	$3.05M 2.48%	2.50M
HAEMONETICS CORPSOLE	NOTE 2.500% 6/0	2.70M	PRN	$2.82M 2.29%	2.70M
AKAMAI TECHNOLOGIES INCSOLE	NOTE 1.125% 2/1	2.60M	PRN	$2.59M 2.10%	2.60M
GUARDANT HEALTH INCSOLE	NOTE 11/1	2.30M	PRN	$2.49M 2.02%	2.30M
ETSY INCSOLE	NOTE 0.125% 9/0	2.60M	PRN	$2.41M 1.96%	2.60M
BRIDGEBIO PHARMA INCSOLE	NOTE 2.250% 2/0	2.10M	PRN	$2.38M 1.94%	2.10M
ENVISTA HOLDINGS CORPSOLE	NOTE 1.750% 8/1	2.40M	PRN	$2.33M 1.89%	2.40M
AKAMAI TECHNOLOGIES INCSOLE	NOTE 0.375% 9/0	2.30M	PRN	$2.31M 1.88%	2.30M
HERBALIFE LTDSOLE	NOTE 4.250% 6/1	2.10M	PRN	$2.28M 1.85%	2.10M
WEC ENERGY GROUP INCSOLE	NOTE 4.375% 6/0	2M	PRN	$2.27M 1.84%	2M
DROPBOX INCSOLE	NOTE 3/0	2.20M	PRN	$2.22M 1.81%	2.20M
GUARDANT HEALTH INCSOLE	DEBT 1.250% 2/1	1.20M	PRN	$2.21M 1.79%	1.20M
DYNAVAX TECHNOLOGIESSOLE	DEBT 2.000% 3/1	2.10M	PRN	$2.20M 1.79%	2.10M
OMNICELL INCSOLE	NOTE 1.000%12/0	2M	PRN	$2.17M 1.76%	2M
SOUTHERN COSOLE	NOTE 4.500% 6/1	2M	PRN	$2.14M 1.74%	2M
ETSY INCSOLE	NOTE 0.125%10/0	2.10M	PRN	$2.13M 1.73%	2.10M
IONIS PHARMACEUTICALS INSOLE	NOTE 1.750% 6/1	1.30M	PRN	$2.07M 1.68%	1.30M
NEXTERA ENERGY CAPITALSOLE	NOTE 3.000% 3/0	1.60M	PRN	$2.01M 1.63%	1.60M
COGENT BIOSCIENCES INCSOLE	NOTE 1.625%11/1	1.70M	PRN	$2.00M 1.63%	1.70M

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