Ares Management’s State Street SPDR Bloomberg High Yield Bond ETF JNK Stock Holding History

Ares Management’s Portfolio JNK Stock Details JNK Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2018 Q4	–	Sell	-505,500	Closed	-$54.7M	–	79
2018 Q3	$54.7M	Buy	+505,500	New	+$54.3M	2.79%	5
2016 Q1	–	Sell	-30,000	Closed	-$3.05M	–	20
2015 Q4	$3.05M	Sell	30,000 -16,667	-36%	-$1.77M	0.57%	12
2015 Q3	$4.99M	Buy	46,667 +16,367	+54%	+$1.83M	0.38%	12
2015 Q2	$3.49M	Buy	+30,300	New	+$3.56M	0.22%	11

Other funds holding JNK

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

Bank of America Charlotte, North Carolina $1.37T AUM 24.88% 1-Year Est. Return

Goldman Sachs New York $871B AUM 31.28% 1-Year Est. Return

UBS Group Zurich, Switzerland $666B AUM 30.12% 1-Year Est. Return

Manulife (Manufacturers Life Insurance) Canada, Ontario, Canada $116B AUM 26.37% 1-Year Est. Return

Wells Fargo San Francisco, California $530B AUM 22.01% 1-Year Est. Return

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

TAIM

TD Ameritrade Investment Management Omaha, Nebraska $9.4B AUM 7.2% 1-Year Est. Return

NSLI

Nan Shan Life Insurance Taipei City, Taiwan $2.76B AUM 6.75% 1-Year Est. Return

Morgan Stanley New York $1.66T AUM 25.57% 1-Year Est. Return

Ares Management's JNK Position: Q4 2018 in Review

Ares Management sold out of State Street SPDR Bloomberg High Yield Bond ETF (JNK) in Q4 2018, closing a stake of 505,500 shares — an estimated $54.7M sold.

Ares Management first reported a position in JNK in Q2 2015 and held it in 4 quarters. The position peaked at $54.7M in Q3 2018. 461 funds tracked by Wall St. Rank hold JNK as of Q4 2018.

Ares Management reported no remaining State Street SPDR Bloomberg High Yield Bond ETF position as of Q4 2018 after selling out during the quarter.
Ares Management sold 505,500 State Street SPDR Bloomberg High Yield Bond ETF shares in Q4 2018, an estimated $54.7M.
Ares Management first reported a position in State Street SPDR Bloomberg High Yield Bond ETF in Q2 2015 and held it in 4 quarters.
Ares Management's State Street SPDR Bloomberg High Yield Bond ETF position peaked at $54.7M in Q3 2018.
461 funds tracked by Wall St. Rank held State Street SPDR Bloomberg High Yield Bond ETF as of Q4 2018.

Based on Ares Management's 13F filing for Q4 2018, filed 14 Feb 2019.