Ares Management Portfolio holdings
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
CWEI
Clayton Williams Energy, Inc.
CWEI
|
+$276M |
| 2 |
HK
Halcon Resources Corporation
HK
|
+$211M |
| 3 |
Ares Capital
ARCC
|
+$12M |
| 4 |
FS KKR Capital
FSK
|
+$11.6M |
| 5 |
MidCap Financial Investment
MFIC
|
+$7.9M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
NTK
NORTEK INC COM NEW (DE)
NTK
|
+$369M |
| 2 |
MEG
Media General, Inc
MEG
|
+$14.8M |
| 3 |
CMLS
Cumulus Media Inc. Class A Common Stock
CMLS
|
+$1.98M |
| 4 |
HMHC
Houghton Mifflin Harcourt Company
HMHC
|
+$1.29M |
| 5 |
Oxford Square Capital
OXSQ
|
+$1.19M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 11.53% |
| 2 | Energy | 10.8% |
| 3 | Industrials | 3.66% |
| 4 | Consumer Discretionary | 1.06% |
| 5 | Real Estate | 0.76% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
51
Oxford Square Capital
OXSQ
$150M
| – | – |
-226,471
| Closed | -$1.19M |
|
|
HMHC
52
DELISTED
Houghton Mifflin Harcourt Company
HMHC
| – | – |
-82,311
| Closed | -$1.29M |
|
|
MEG
53
DELISTED
Media General, Inc
MEG
| – | – |
-863,319
| Closed | -$14.8M |
|
|
NTK
54
DELISTED
NORTEK INC COM NEW (DE)
NTK
| – | – |
-6,218,041
| Closed | -$369M |
|
Similar funds
Ares Management's Q3 2016 Portfolio in Review
As of Q3 2016, Ares Management held 57 positions worth $1.56B, up 26% from $1.24B the previous quarter. Its ten largest holdings account for 90% of the portfolio.
Ares Management deployed $221M of net new capital in Q3 2016, opening 12 new positions and adding to 29 existing holdings. Its largest new stake was Halcon Resources Corporation: 17,981,822 shares worth $169M.
By sector, the portfolio is most concentrated in Financials at 12% of assets, up from 7.1% a quarter earlier, followed by Energy and Industrials.
On the sell side, the largest reduction was Cumulus Media Inc. Class A Common Stock, an estimated $1.98M trimmed.
- Ares Management's largest Q3 2016 buy was Halcon Resources Corporation: 17,981,822 shares worth $169M.
- Ares Management added most to Clayton Williams Energy, Inc. in Q3 2016, an estimated $276M increase.
- Ares Management's biggest Q3 2016 reduction was Cumulus Media Inc. Class A Common Stock, cutting an estimated $1.98M.
- Ares Management fully exited NORTEK INC COM NEW (DE) in Q3 2016, selling an estimated $369M.
- Ares Management's ten largest holdings make up 90% of its $1.56B portfolio in Q3 2016.
- Ares Management opened 12 new positions and closed 5 in Q3 2016.
- Ares Management's portfolio value rose 26% quarter-over-quarter to $1.56B.
Based on Ares Management's 13F filing for Q3 2016, filed 14 Nov 2016.