Qube Research & Technologies (QRT)’s Ares Management ARES Stock Holding History

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2025 Q4	–	Sell	-218,799	Closed	-$35M	–	3667
2025 Q3	$35M	Buy	+218,799	New	+$39.5M	0.05%	624
2025 Q2	–	Sell	-81,944	Closed	-$12M	–	3546
2025 Q1	$12M	Sell	81,944 -53,060	-39%	-$9.17M	0.02%	1006
2024 Q4	$23.9M	Buy	135,004 +105,366	+356%	+$18M	0.04%	643
2024 Q3	$4.62M	Sell	29,638 -104,438	-78%	-$15.2M	0.01%	1431
2024 Q2	$17.9M	Sell	134,076 -439,156	-77%	-$60M	0.03%	648
2024 Q1	$76.2M	Buy	573,232 +468,921	+450%	+$59.9M	0.14%	206
2023 Q4	$12.4M	Buy	104,311 +82,703	+383%	+$8.98M	0.03%	659
2023 Q3	$2.22M	Buy	+21,608	New	+$2.19M	0.01%	1331
2022 Q4	–	Sell	-217,579	Closed	-$13.5M	–	2445
2022 Q3	$13.5M	Buy	217,579 +41,587	+24%	+$2.91M	0.09%	336
2022 Q2	$10M	Buy	+175,992	New	+$12.2M	0.08%	318
2022 Q1	–	Sell	-12,991	Closed	-$1.06M	–	2422
2021 Q4	$1.06M	Sell	12,991 -10,556	-45%	-$859K	0.01%	1154
2021 Q3	$1.74M	Buy	+23,547	New	+$1.7M	0.02%	728
2021 Q1	–	Sell	-96,515	Closed	-$4.54M	–	1895
2020 Q4	$4.54M	Buy	+96,515	New	+$4.37M	0.07%	343
2020 Q1	–	Sell	-10,222	Closed	-$365K	–	1113
2019 Q4	$365K	Buy	+10,222	New	+$318K	0.01%	1117