Q4 2025 · 13F-HR
ARES MANAGEMENT LLCholdings as filed
Filed 2026-02-13 · accession 0001104659-26-015209
$1.75B
Reported value
35
Positions
2025-12-31
Period end
The Brief · ARES MANAGEMENT LLC · Q4 2025
AI · grounded in 13F
ARES MANAGEMENT LLC closed its position in SPDR Series Trust XHB, reducing exposure by $22.16M. The fund established new positions in FTAI Infrastructure Inc. FIP for $5.52M and Oxford Lane Capital Corp. OXLC for $3.62M. Additionally, the manager increased its holdings in Blue Owl Technology Finance Corp OTF by 111.5% and Goldman Sachs BDC Inc GSBD by 76.98%.
Holdings as filed
| CUSIP | Ticker | Issuer | Value | % port. | Shares | Class | Voting |
|---|---|---|---|---|---|---|---|
| 80517M109 | SVV | Savers Value Village Inc | $1.10B | 62.7% | 117,449,188 | Common | SOLE |
| 37890B100 | GBTG | Global Business Travel Group I | $106.2M | 6.07% | 13,886,023 | Common | SOLE |
| 18453H106 | CCO | Clear Channel Outdoor Holdings, Inc. | $91.0M | 5.20% | 41,197,491 | Common | SOLE |
| 62548M209 | CTEV | Multiplan Corp | $79.6M | 4.55% | 1,863,105 | Common | SOLE |
| 04010L103 | ARCC | Ares Capital Corp | $45.4M | 2.60% | 2,245,810 | Common | SOLE |
| 38173M102 | GBDC | Golub Capital BDC Inc | $37.1M | 2.12% | 2,736,210 | Common | SOLE |
| 69121K104 | OBDC | Blue Owl Capital Corp | $35.4M | 2.02% | 2,847,757 | Common | SOLE |
| 06759L103 | BBDC | Barings BDC Inc | $33.0M | 1.88% | 3,590,176 | Common | SOLE |
| 83012A109 | TSLX | Sixth Street Specialty Lending Inc | $29.4M | 1.68% | 1,354,779 | Common | SOLE |
| 67401P405 | OCSL | Oaktree Specialty Lending Corp | $24.6M | 1.41% | 1,933,305 | Common | SOLE |
| 09261X102 | BXSL | Blackstone Secured Lending Fund | $21.1M | 1.21% | 801,100 | Common | SOLE |
| 302635206 | FSK | FS KKR Capital Corp | $18.9M | 1.08% | 1,277,482 | Common | SOLE |
| 095924106 | OTF | Blue Owl Technology Finance Corp | $16.6M | 0.95% | 1,140,168 | Common | SOLE |
| 38147U107 | GSBD | Goldman Sachs BDC Inc | $13.1M | 0.75% | 1,413,058 | Common | SOLE |
| 88023B103 | TEM | Tempus AI, Inc. | $9.7M | 0.55% | 164,383 | Common | SOLE |
| 041242108 | ARKO | Arko Corp | $9.6M | 0.55% | 2,110,000 | Common | SOLE |
| 896442308 | TRIN | Trinity Capital Inc | $8.0M | 0.46% | 545,723 | Common | SOLE |
| 55374X208 | MSIF | MSC Income Fund Inc | $7.7M | 0.44% | 588,251 | Common | SOLE |
| 225655109 | CCAP | Crescent Capital BDC Inc | $7.3M | 0.41% | 516,409 | Common | SOLE |
| 68347P103 | OPAL | OPAL Fuels Inc | $7.2M | 0.41% | 3,059,533 | Common | SOLE |
| 03761U502 | MFIC | MidCap Financial Investment Corp | $6.2M | 0.36% | 545,532 | Common | SOLE |
| 02156K103 | OPTU | Altice USA Inc | $5.9M | 0.33% | 3,547,478 | Common | SOLE |
| 092244102 | BRCB | Black Rock Coffee Bar, Inc. | $5.6M | 0.32% | 250,676 | Common | SOLE |
| 647551100 | NMFC | New Mountain Finance Corp | $5.5M | 0.32% | 602,575 | Common | SOLE |
| 35953C106 | FIP | FTAI Infrastructure Inc. | $5.5M | 0.32% | 1,197,554 | Common | SOLE |
| 78163D100 | RWAY | Runway Growth Finance Corp | $4.9M | 0.28% | 553,123 | Common | SOLE |
| 67090S108 | NCDL | Nuveen Churchill Direct Lending Corp | $4.8M | 0.27% | 360,830 | Common | SOLE |
| 427096508 | HTGC | Hercules Capital Inc | $3.8M | 0.22% | 201,606 | Common | SOLE |
| 691543847 | OXLC | Oxford Lane Capital Corp. | $3.6M | 0.21% | 247,500 | Common | SOLE |
| 269808101 | ECC | Eagle Point Credit Co Inc | $1.8M | 0.10% | 311,659 | Common | SOLE |
| 61774A103 | MSDL | Morgan Stanley Direct Lending Fund | $1.6M | 0.09% | 100,000 | Common | SOLE |
| 76010Y202 | RENT | Rent the Runway, Inc. | $1.3M | 0.08% | 169,383 | Common | SOLE |
| 05684B107 | BCSF | Bain Capital Specialty Finance Inc | $954,156 | 0.05% | 68,595 | Common | SOLE |
| 98873N305 | YJ | Yunji Inc | $636,610 | 0.04% | 215,800,000 | Common | SOLE |
| 912932100 | UNIT | Uniti Group Inc | $101,771 | 0.01% | 14,518 | Common | SOLE |
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.