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Ares Management Portfolio holdings
AUM
$2.29B
Turnover
20%
1-Year Est. Return
0.27%
This Fund
S&P 500
This Quarter
Est. Return
-18.11%
1 Year Est. Return
+0.27%
3 Year Est. Return
-2.02%
5 Year Est. Return
-7.92%
10 Year Est. Return
+243.51%
AUM
$1.75B
AUM Growth
-$452M
(-21%)
Cap. Flow
+$410M
Cap. Flow
% of AUM
23.44%
Top 10 Holdings %
Top 10 Hldgs %
90.2%
Holding
39
New
4
Increased
10
Reduced
5
Closed
4
Avg Time Held Equity + Options
3.1
years
Top 10 Avg Time Held Equity + Options
2.6
years
Top 20 Avg Time Held Equity + Options
2.7
years
Avg Time Held Equity only
3.1
years
Top 10 Avg Time Held Equity only
2.6
years
Top 20 Avg Time Held Equity only
3
years
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
Yunji
YJ
|
+$371M |
| 2 |
Blue Owl Technology Finance Corp
OTF
|
+$8.44M |
| 3 |
Goldman Sachs BDC
GSBD
|
+$6.03M |
| 4 |
FTAI Infrastructure
FIP
|
+$5.9M |
| 5 |
Blue Owl Capital
OBDC
|
+$4.57M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
SLR Investment Corp
SLRC
|
+$2.12M |
| 2 |
Barings BDC
BBDC
|
+$1.83M |
| 3 |
Sixth Street Specialty
TSLX
|
+$872K |
| 4 |
Blackstone Secured Lending
BXSL
|
+$537K |
| 5 |
Oaktree Specialty Lending
OCSL
|
+$160K |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Consumer Discretionary | 69.72% |
| 2 | Financials | 18.81% |
| 3 | Communication Services | 5.54% |
| 4 | Healthcare | 5.1% |
| 5 | Industrials | 0.73% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | Held Since | |
|---|---|---|---|---|---|---|---|
26
Runway Growth Finance
RWAY
$265M
| $4.94M | 0.28% |
553,123
+117,238
| +27% | +$1.11M |
2021 Q4
16 quarters
|
|
27
Nuveen Churchill Direct Lending
NCDL
$524M
| $4.81M | 0.28% |
360,830
+235,674
| +188% | +$3.35M |
2024 Q1
7 quarters
|
|
28
Hercules Capital
HTGC
$3.06B
| $3.79M | 0.22% |
201,606
| – | – |
2023 Q3
9 quarters
|
|
29
Oxford Lane Capital
OXLC
$775M
| $3.62M | 0.21% |
+247,500
| New | +$3.7M |
2025 Q4
0 quarters
|
|
30
Eagle Point Credit Company
ECC
$386M
| $1.8M | 0.1% |
+311,659
| New | +$1.9M |
2025 Q4
0 quarters
|
|
31
Morgan Stanley Direct Lending Fund
MSDL
$1.1B
| $1.65M | 0.09% |
+100,000
| New | +$1.69M |
2025 Q4
0 quarters
|
|
32
Rent the Runway
RENT
$59.7M
| $1.34M | 0.08% |
169,383
| – | – |
2021 Q4
16 quarters
|
|
33
Bain Capital Specialty
BCSF
$666M
| $954K | 0.05% |
68,595
| – | – |
2021 Q2
18 quarters
|
|
|
34
Yunji
YJ
$7.34M
| $637K | 0.04% |
215,800,000
+215,260,501
| +39,900% | +$371M |
2023 Q4
8 quarters
|
|
35
Uniti Group
UNIT
$1.36B
| $102K | 0.01% |
14,518
| – | – |
2025 Q3
1 quarter
|
|
36
DELISTED
ARKO Corp Warrant
ARKOW
| – | – |
-1,100,000
| Closed | -$10.2K | – |
|
|
37
SLR Investment Corp
SLRC
$621M
| – | – |
-138,502
| Closed | -$2.12M | – |
|
38
PUT
State Street SPDR S&P Homebuilders ETF
XHB
$1.47B
| – | – |
-200,000
| Closed | -$22.2M | – |
|
39
XChange TEC
XHG
$103M
| – | – |
-419,729
| Closed | -$217 | – |
|
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Ares Management's Q4 2025 Portfolio in Review
As of Q4 2025, Ares Management held 39 positions worth $1.75B, down 21% from $2.2B the previous quarter. Its ten largest holdings account for 90% of the portfolio.
Ares Management deployed $410M of net new capital in Q4 2025, opening 4 new positions and adding to 10 existing holdings. Its largest new stake was FTAI Infrastructure: 1,197,554 shares worth $5.52M.
By sector, the portfolio is most concentrated in Consumer Discretionary at 70% of assets, down from 77% a quarter earlier, followed by Financials and Communication Services.
On the sell side, the largest reduction was Barings BDC, an estimated $1.83M trimmed.
- Ares Management's largest Q4 2025 buy was FTAI Infrastructure: 1,197,554 shares worth $5.52M.
- Ares Management added most to Yunji in Q4 2025, an estimated $371M increase.
- Ares Management's biggest Q4 2025 reduction was Barings BDC, cutting an estimated $1.83M.
- Ares Management fully exited SLR Investment Corp in Q4 2025, selling an estimated $2.12M.
- Ares Management's ten largest holdings make up 90% of its $1.75B portfolio in Q4 2025.
- Ares Management opened 4 new positions and closed 4 in Q4 2025.
- Ares Management's portfolio value fell 21% quarter-over-quarter to $1.75B.
Based on Ares Management's 13F filing for Q4 2025, filed 13 Feb 2026.