We are live on
!
Find out more
AM
Ares Management Portfolio holdings
AUM
$1.52B
1-Year Est. Return
12.97%
This Fund
S&P 500
This Quarter
Est. Return
+7.68%
1 Year Est. Return
+12.97%
3 Year Est. Return
-16%
5 Year Est. Return
-16.49%
10 Year Est. Return
+207.56%
AUM
$2.83B
AUM Growth
+$550M
(+24%)
Cap. Flow
+$292M
Cap. Flow
% of AUM
10.34%
Top 10 Holdings %
Top 10 Hldgs %
89.96%
Holding
54
New
13
Increased
12
Reduced
12
Closed
7
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
FYBR
Frontier Communications
FYBR
|
+$887M |
| 2 |
FS KKR Capital
FSK
|
+$26.5M |
| 3 |
Privia Health
PRVA
|
+$12.7M |
| 4 |
Barings BDC
BBDC
|
+$6.05M |
| 5 |
Clear Channel Outdoor Holdings
CCO
|
+$5.57M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
AZEK
The AZEK Co
AZEK
|
+$386M |
| 2 |
California Resources
CRC
|
+$86.8M |
| 3 |
FSKR
FS KKR Capital Corp. II
FSKR
|
+$22.4M |
| 4 |
XOG
Extraction Oil & Gas, Inc. Common Stock
XOG
|
+$13.4M |
| 5 |
WhiteHorse Finance
WHF
|
+$6.94M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Communication Services | 37.03% |
| 2 | Industrials | 28.71% |
| 3 | Energy | 16.84% |
| 4 | Financials | 9.9% |
| 5 | Healthcare | 4.18% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
FYBR
1
DELISTED
Frontier Communications
FYBR
| $929M | 32.89% |
+35,205,132
| New | +$887M |
|
|
AZEK
2
DELISTED
The AZEK Co
AZEK
| $811M | 28.69% |
19,096,090
-8,625,000
| -31% | -$386M |
|
|
3
California Resources
CRC
$4.49B
| $427M | 15.11% |
14,167,725
-3,157,123
| -18% | -$86.8M |
|
|
4
Clear Channel Outdoor Holdings
CCO
$1.23B
| $117M | 4.15% |
44,374,772
+2,325,000
| +6% | +$5.57M |
|
5
Option Care Health
OPCH
$3.8B
| $103M | 3.63% |
4,691,896
| – | – |
|
|
6
Barings BDC
BBDC
$877M
| $40M | 1.42% |
3,786,791
+579,217
| +18% | +$6.05M |
|
7
Oaktree Specialty Lending
OCSL
$1.06B
| $30.4M | 1.08% |
1,515,641
+150,370
| +11% | +$3.01M |
|
8
Blue Owl Capital
OBDC
$5.44B
| $29.7M | 1.05% |
2,079,081
+242,097
| +13% | +$3.48M |
|
9
Ares Capital
ARCC
$13.6B
| $28.4M | 1.01% |
1,450,249
+142,685
| +11% | +$2.76M |
|
10
SLR Investment Corp
SLRC
$713M
| $26.8M | 0.95% |
1,437,775
+214,586
| +18% | +$4.02M |
|
|
11
FS KKR Capital
FSK
$3.05B
| $26.6M | 0.94% |
+1,237,983
| New | +$26.5M |
|
12
Golub Capital BDC
GBDC
$3.38B
| $25.4M | 0.9% |
1,649,222
-17,461
| -1% | -$271K |
|
|
PNNT
13
Pennant Park Investment Corp
PNNT
$222M
| $24.3M | 0.86% |
3,634,740
+300,181
| +9% | +$1.97M |
|
|
FTSI
14
DELISTED
FTS International, Inc. Common Stock
FTSI
| $24M | 0.85% |
848,912
-55,532
| -6% | -$1.44M |
|
15
PUT
iShares 7-10 Year Treasury Bond ETF
IEF
$47.3B
| $21.9M | 0.78% |
+190,000
| New | +$21.7M |
|
16
ARKO Corp
ARKO
$884M
| $19.4M | 0.69% |
2,110,000
| – | – |
|
|
BKCC
17
DELISTED
BlackRock Capital Investment Corporation
BKCC
| $16.6M | 0.59% |
4,230,138
-3,748
| -0.1% | -$14.8K |
|
|
XOG
18
DELISTED
Extraction Oil & Gas, Inc. Common Stock
XOG
| $15.8M | 0.56% |
287,516
-284,095
| -50% | -$13.4M |
|
|
19
Privia Health
PRVA
$3.09B
| $15.2M | 0.54% |
+343,094
| New | +$12.7M |
|
20
Stellus Capital Investment Corp
SCM
$209M
| $10.5M | 0.37% |
837,376
+41,980
| +5% | +$554K |
|
|
SMC
21
Summit Midstream
SMC
$411M
| $9M | 0.32% |
296,309
-5,219
| -2% | -$131K |
|
22
Fidus Investment
FDUS
$767M
| $8.81M | 0.31% |
518,411
-209,151
| -29% | -$3.56M |
|
23
PUT
Invesco CurrencyShares Japanese Yen Trust
FXY
$426M
| $8.47M | 0.3% |
100,000
| – | – |
|
24
Trinity Capital Inc.
TRIN
$1.59B
| $7.65M | 0.27% |
528,136
+230,243
| +77% | +$3.36M |
|
|
25
WhiteHorse Finance
WHF
$140M
| $6.57M | 0.23% |
440,764
-446,246
| -50% | -$6.94M |
|
Similar funds
PP
ARAM
MCIL
KCM
FCM
ACL
GAI
KP
Ares Management's Q2 2021 Portfolio in Review
As of Q2 2021, Ares Management held 54 positions worth $2.83B, up 24% from $2.28B the previous quarter. Its ten largest holdings account for 90% of the portfolio.
Ares Management deployed $292M of net new capital in Q2 2021, opening 13 new positions and adding to 12 existing holdings. Its largest new stake was Frontier Communications: 35,205,132 shares worth $929M.
By sector, the portfolio is most concentrated in Communication Services at 37% of assets, up from 3.3% a quarter earlier, followed by Industrials and Energy.
On the sell side, the largest reduction was The AZEK Co, an estimated $386M trimmed.
- Ares Management's largest Q2 2021 buy was Frontier Communications: 35,205,132 shares worth $929M.
- Ares Management added most to Barings BDC in Q2 2021, an estimated $6.05M increase.
- Ares Management's biggest Q2 2021 reduction was The AZEK Co, cutting an estimated $386M.
- Ares Management fully exited FS KKR Capital Corp. II in Q2 2021, selling an estimated $22.4M.
- Ares Management's ten largest holdings make up 90% of its $2.83B portfolio in Q2 2021.
- Ares Management opened 13 new positions and closed 7 in Q2 2021.
- Ares Management's portfolio value rose 24% quarter-over-quarter to $2.83B.
Based on Ares Management's 13F filing for Q2 2021, filed 13 Aug 2021.