Ares Management’s Cincinnati Bell Inc. CBB Stock Holding History

Ares Management’s Portfolio CBB Stock Details CBB Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2020 Q2	–	Sell	-4,754,641	Closed	-$69.6M	–	58
2020 Q1	$69.6M	Hold	4,754,641	–	–	10.09%	2
2019 Q4	$49.8M	Hold	4,754,641	–	–	4.45%	3
2019 Q3	$24.1M	Hold	4,754,641	–	–	1.6%	6
2019 Q2	$23.5M	Hold	4,754,641	–	–	1.75%	5
2019 Q1	$45.4M	Hold	4,754,641	–	–	2.8%	5
2018 Q4	$37M	Buy	4,754,641 +2,086,949	+78%	+$25.6M	2.37%	5
2018 Q3	$42.5M	Buy	2,667,692 +573,790	+27%	+$7.99M	2.17%	7
2018 Q2	$32.9M	Buy	2,093,902 +2,019,978	+2,733%	+$29.6M	1.16%	7
2018 Q1	$1.02M	Buy	+73,924	New	+$1.2M	0.03%	43

Other funds holding CBB

BlackRock New York $5.72T AUM 30.48% 1-Year Est. Return

Nomura Holdings Tokyo, Japan $37.7B AUM 34.44% 1-Year Est. Return

Vanguard Group Malvern, Pennsylvania $6.9T AUM 27.45% 1-Year Est. Return

AQR Arbitrage Greenwich, Connecticut $6.09B AUM 27.01% 1-Year Est. Return

WIC

Water Island Capital New York $896M AUM 107.59% 1-Year Est. Return

Dimensional Fund Advisors Austin, Texas $481B AUM 30.42% 1-Year Est. Return

DAM

DLD Asset Management New York $1.1B AUM 4.68% 1-Year Est. Return

Credit Suisse Zurich, Switzerland $104B AUM 34.76% 1-Year Est. Return

State Street Boston, Massachusetts $2.9T AUM 29.55% 1-Year Est. Return

PCM

Pentwater Capital Management Naples, Florida $19.3B AUM 58.13% 1-Year Est. Return

Ares Management's CBB Position: Q2 2020 in Review

Ares Management sold out of Cincinnati Bell Inc. (CBB) in Q2 2020, closing a stake of 4,754,641 shares — an estimated $69.6M sold.

Ares Management first reported a position in CBB in Q1 2018 and held it in 9 quarters. The position peaked at $69.6M in Q1 2020. 155 funds tracked by Wall St. Rank hold CBB as of Q2 2020.

Ares Management reported no remaining Cincinnati Bell Inc. position as of Q2 2020 after selling out during the quarter.
Ares Management sold 4,754,641 Cincinnati Bell Inc. shares in Q2 2020, an estimated $69.6M.
Ares Management first reported a position in Cincinnati Bell Inc. in Q1 2018 and held it in 9 quarters.
Ares Management's Cincinnati Bell Inc. position peaked at $69.6M in Q1 2020.
155 funds tracked by Wall St. Rank held Cincinnati Bell Inc. as of Q2 2020.

Based on Ares Management's 13F filing for Q2 2020, filed 14 Aug 2020.