Graham Capital Management’s Ares Management ARES Stock Holding History

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Shares Change %	Capital Flow	Portfolio Weight	Portfolio Position
2025 Q2	–	Sell	-4,002	Closed	-$587K	–	1241
2025 Q1	$587K	Buy	4,002 +1,288	+47%	+$189K	0.01%	712
2024 Q4	$480K	Buy	+2,714	New	+$480K	0.01%	722
2024 Q2	–	Sell	-3,787	Closed	-$504K	–	1006
2024 Q1	$504K	Buy	+3,787	New	+$504K	0.01%	606