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ARES MANAGEMENT LLC

Q3 2025 · 13F-HR

ARES MANAGEMENT LLCholdings as filed

Filed 2025-11-14 · accession 0001104659-25-112525

$2.20B
Reported value
35
Positions
2025-09-30
Period end
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The Brief · ARES MANAGEMENT LLC · Q3 2025

AI · grounded in 13F

ARES MANAGEMENT LLC established a new position in Savers Value Village Inc SVV valued at $1.56B. The fund also initiated new stakes in Global Business Travel Group GBTG for $112.2M and Multiplan Corp CTEV for $98.9M. Additional new positions include Clear Channel Outdoor Hldgs CCO, Ares Capital Corp ARCC, and Golub Capital BDC Inc GBDC.

Holdings as filed

CUSIPTickerIssuerValue% port.SharesClassVoting
80517M109SVVSavers Value Village Inc$1.56B70.6%117,449,188CommonSOLE
37890B100GBTGGlobal Business Travel Group$112.2M5.09%13,886,023CommonSOLE
62548M209CTEVMultiplan Corp$98.9M4.49%1,863,105CommonSOLE
18453H106CCOClear Channel Outdoor Hldgs$65.1M2.96%41,197,491CommonSOLE
04010L103ARCCAres Capital Corp$41.9M1.90%2,054,376CommonSOLE
38173M102GBDCGolub Capital BDC Inc$35.2M1.60%2,571,210CommonSOLE
06759L103BBDCBarings BDC Inc$33.3M1.51%3,797,112CommonSOLE
83012A109TSLXSixth Street Specialty Lending Inc$31.9M1.45%1,394,779CommonSOLE
69121K104OBDCBlue Owl Capital Corp.$31.8M1.44%2,487,964CommonSOLE
67401P405OCSLOaktree Specialty Lending Corp$25.4M1.15%1,945,305CommonSOLE
78464A888XHBSPDR Series Trust$22.2M1.01%200,000PUTSOLE
09261X102BXSLBlackstone Secured Lending Fund$21.4M0.97%821,100CommonSOLE
302635206FSKFS KKR Cap Corp$19.1M0.87%1,280,482CommonSOLE
88023B103TEMTempus AI Inc.$13.3M0.60%164,383CommonSOLE
041242108ARKOARKO Corp$9.6M0.44%2,110,000CommonSOLE
02156K103OPTUAltice USA Inc$8.5M0.39%3,547,478CommonSOLE
896442308TRINTrinity Cap Inc$8.4M0.38%545,723CommonSOLE
38147U107GSBDGoldman Sachs BDC Inc$8.1M0.37%798,421CommonSOLE
095924106OTFBlue Owl Technology Fin Corp$7.4M0.34%539,064CommonSOLE
225655109CCAPCrescent Capital BDC Inc$7.4M0.33%516,409CommonSOLE
68347P103OPALOPAL Fuels Inc$6.7M0.31%3,059,533CommonSOLE
03761U502MFICMidcap Financial Invstmnt Co$6.5M0.30%545,532CommonSOLE
092244102BRCBBlack Rock Coffee Bar Inc$6.0M0.27%250,676CommonSOLE
647551100NMFCNew Mtn Fin Corp$5.7M0.26%596,371CommonSOLE
55374X208MSIFMSC Income Fund Inc$5.4M0.24%408,393CommonSOLE
78163D100RWAYRunway Growth Finance Corp$4.4M0.20%435,885CommonSOLE
427096508HTGCHercules Capital Inc$3.8M0.17%201,606CommonSOLE
83413U100SLRCSLR Investment Corp$2.1M0.10%138,502CommonSOLE
67090S108NCDLNuveen Churchill Direct Lending$1.7M0.08%125,156CommonSOLE
98873N305YJYunji Inc$1.1M0.05%215,800,000CommonSOLE
05684B107BCSFBain Capital Specialty Finance Inc$977,4790.04%68,595CommonSOLE
76010Y202RENTRent the Runway, Inc.$835,0580.04%169,383CommonSOLE
912932100UNITUniti Group LLC$28,6000.00%14,518CommonSOLE
041242116ARKO Corp$10,2300.00%1,100,000CommonSOLE
74738J508XHGXchange Tec. Inc$2170.00%419,729CommonSOLE

Source: SEC EDGAR · raw 13F holdings as filed. The Class column shows the option type when reported (Put/Call) or Common when the issuer's equity is held directly. 13F discloses long positions only.