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Ares Management Portfolio holdings
AUM
$1.52B
1-Year Est. Return
12.97%
This Fund
S&P 500
This Quarter
Est. Return
-3.22%
1 Year Est. Return
+12.97%
3 Year Est. Return
-16%
5 Year Est. Return
-16.49%
10 Year Est. Return
+207.56%
AUM
$1.81B
AUM Growth
-$220M
(-11%)
Cap. Flow
-$151M
Cap. Flow
% of AUM
-8.36%
Top 10 Holdings %
Top 10 Hldgs %
86.13%
Holding
41
New
1
Increased
9
Reduced
16
Closed
3
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
FYBR
Frontier Communications
FYBR
|
+$50.7M |
| 2 |
VNET
VNET Group
VNET
|
+$27.4M |
| 3 |
Clear Channel Outdoor Holdings
CCO
|
+$9.11M |
| 4 |
Ares Capital
ARCC
|
+$5.56M |
| 5 |
Blackstone Secured Lending
BXSL
|
+$3.32M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
AZEK
The AZEK Co
AZEK
|
+$113M |
| 2 |
Stellus Capital Investment Corp
SCM
|
+$4.58M |
| 3 |
Barings BDC
BBDC
|
+$3.56M |
| 4 |
SLR Investment Corp
SLRC
|
+$2.58M |
| 5 |
Oaktree Specialty Lending
OCSL
|
+$2.48M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Communication Services | 51.05% |
| 2 | Industrials | 18.65% |
| 3 | Financials | 13.28% |
| 4 | Energy | 7.58% |
| 5 | Consumer Discretionary | 4.7% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
26
Goldman Sachs BDC
GSBD
$997M
| $5.21M | 0.29% |
381,840
+62,715
| +20% | +$936K |
|
27
Runway Growth Finance
RWAY
$235M
| $4.39M | 0.24% |
362,312
-189,700
| -34% | -$2.38M |
|
28
Bausch Health
BHC
$1.75B
| $2.64M | 0.15% |
325,714
-104,286
| -24% | -$837K |
|
29
Bain Capital Specialty
BCSF
$821M
| $2.15M | 0.12% |
180,142
+62,848
| +54% | +$803K |
|
30
Antero Resources
AR
$10.9B
| $1.92M | 0.11% |
83,056
-11,944
| -13% | -$315K |
|
|
ARKOW
31
DELISTED
ARKO Corp Warrant
ARKOW
| $1.64M | 0.09% |
1,100,000
| – | – |
|
32
BlackRock TCP Capital
TCPC
$278M
| $1.24M | 0.07% |
120,305
| – | – |
|
33
Alerian MLP ETF
AMLP
$12.9B
| $1.24M | 0.07% |
32,000
| – | – |
|
|
EXE
34
Expand Energy Corp
EXE
$22.1B
| $1.14M | 0.06% |
15,000
-1,667
| -10% | -$137K |
|
35
New Mountain Finance
NMFC
$654M
| $1.13M | 0.06% |
93,088
-191,793
| -67% | -$2.41M |
|
|
SUNL
36
DELISTED
Sunlight Financial Holdings, Inc.
SUNL
| $916K | 0.05% |
146,649
| – | – |
|
|
TPC
37
Tutor Perini Cor
TPC
$4.03B
| $317K | 0.02% |
51,350
-8,650
| -14% | -$69.6K |
|
38
BlackRock Debt Strategies Fund
DSU
$592M
| – | – |
-10,745
| Closed | -$98.9K |
|
|
39
Stellus Capital Investment Corp
SCM
$205M
| – | – |
-345,536
| Closed | -$4.58M |
|
40
PUT
State Street Blackstone Senior Loan ETF
SRLN
$5.3B
| – | – |
-2,000,000
| Closed | -$81.8M |
|
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Ares Management's Q1 2023 Portfolio in Review
As of Q1 2023, Ares Management held 41 positions worth $1.81B, down 11% from $2.03B the previous quarter. Its ten largest holdings account for 86% of the portfolio.
Ares Management withdrew a net $151M in Q1 2023, closing 3 positions and reducing 16 holdings. Its most notable exit was Stellus Capital Investment Corp, an estimated $4.58M position sold in full.
By sector, the portfolio is most concentrated in Communication Services at 51% of assets, up from 48% a quarter earlier, followed by Industrials and Financials.
Against the trend, Ares Management opened a new position in VNET Group worth $18.2M.
- Ares Management's largest Q1 2023 buy was VNET Group: 5,604,821 shares worth $18.2M.
- Ares Management added most to Frontier Communications in Q1 2023, an estimated $50.7M increase.
- Ares Management's biggest Q1 2023 reduction was The AZEK Co, cutting an estimated $113M.
- Ares Management fully exited Stellus Capital Investment Corp in Q1 2023, selling an estimated $4.58M.
- Ares Management's ten largest holdings make up 86% of its $1.81B portfolio in Q1 2023.
- Ares Management opened 1 new position and closed 3 in Q1 2023.
- Ares Management's portfolio value fell 11% quarter-over-quarter to $1.81B.
Based on Ares Management's 13F filing for Q1 2023, filed 15 May 2023.