Q2 2026 13F · SEC CIK 1259313

Ares Management LLC

Hedge fundFiled 2026-08-14 for Q2 2026. Open the filing ↗ · All SEC filings ↗

Reported 13F value: $2.2B
Reported positions: 42
Top holdings a year, 3 yrs: -5.3%
Assets under management: $458.8B

Ares Management LLC is a hedge fund that reported 42 positions worth $2.2B in its Q2 2026 13F, filed 2026-08-14. Its largest holdings were Savers Value Vlg Inc (SVV, 53.8%), X-Energy Inc (XE, 11.5%), Clear Channel Outdoor Hldgs (CCO, 4.5%). A portfolio copying its top holdings returned -5.3% a year over the last 3 years, against 20.4% for the S&P 500.

Ares Management LLC holdings all 42 positions.

Weights are shares of the filer's total reported 13F value, compared with Q1 2026. Share changes may reflect splits; weight changes also reflect price moves. A 13F shows long US-listed positions only, up to 135 days after the fact.

Ares Management LLC 13F holdings
Stock	% of 13F value	Q1 2026	Shares	Share change	Reported value
SVVSavers Value Vlg Inc	53.8%	57.6%	117,449,188	+0.0%	$1.2B
XEX-Energy Inc	11.5%	New	13,844,585	—	$254.2M
CCOClear Channel Outdoor Hldgs	4.5%	6.4%	41,197,491	+0.0%	$99.7M
CTEVClaritev Corporation	2.9%	2.0%	1,863,105	+0.0%	$63.6M
ARXSArxis Inc	2.6%	New	1,254,547	—	$57.9M
KDKKodiak Ai Inc	2.4%	New	10,610,857	—	$53.9M
ARCCAres Capital Corp	2.3%	3.1%	2,783,165	+6.5%	$51.6M
GBDCGolub Cap Bdc Inc Com	2.0%	2.6%	3,357,115	+9.8%	$43.2M
GBTGGlobal Business Travel Group	1.9%	5.1%	4,338,264	-68.8%	$40.7M
BBDCBarings BDC Inc.	1.6%	2.0%	4,164,327	+14.7%	$35.5M
OBDCBlue Owl Capital Corp.	1.4%	2.1%	2,872,757	+0.9%	$31.2M
GSBDGoldman Sachs BDC Inc	1.4%	1.3%	3,147,251	+45.0%	$29.8M
OCSLOaktree Specialty Lending Corp	1.2%	1.6%	2,204,305	+5.0%	$26.3M
TSLXSixth Street Specialty Lendi	1.1%	1.6%	1,404,779	+3.7%	$24.1M
BXSLBlackstone Secd Lending Fd	1.0%	1.3%	895,687	+11.2%	$21.2M
OTFBlue Owl Technology Finance	0.9%	1.1%	1,966,345	+46.1%	$20.4M
ARKOArko Corp	0.8%	0.8%	2,110,000	+0.0%	$16.9M
MSIFMsc Income Fund Inc	0.7%	0.7%	1,267,910	+53.4%	$14.7M
HTGCHercules Capital Inc	0.6%	0.8%	776,606	+0.0%	$12.2M
NCDLNuveen Churchill Direct Lending Corp	0.5%	0.5%	958,826	+66.8%	$11.9M
CCAPCrescent Cap Bdc Inc	0.5%	0.4%	1,088,183	+99.2%	$11.9M
MSDLMorgan Stanley Direct Lending Fund	0.5%	0.4%	775,128	+88.1%	$11.7M
500081112Kodiak Ai Inc	0.5%	New	14,300,000	—	$10.6M
TRINTrinity Cap Inc	0.4%	0.5%	545,723	+0.0%	$9.8M
TEMTempus Ai Inc	0.4%	0.5%	164,383	+0.0%	$9.5M
RWAYRunway Growth Finance Corp	0.4%	0.5%	1,517,179	+28.8%	$8.5M
BCSFBain Cap Specialty Fin Inc	0.3%	0.1%	588,471	+521.7%	$7.4M
OPALOPAL Fuels Inc	0.3%	0.5%	3,059,533	+0.0%	$6.7M
FIPFtai Infrastructure Inc	0.3%	0.4%	1,197,554	+0.0%	$5.6M
ATUSOptimum Communications Inc	0.2%	0.3%	3,547,478	+0.0%	$5.1M
CGBDCarlyle Secured Lending Inc	0.2%	0.2%	472,187	+96.7%	$5.0M
ECCEagle Point Cr Co	0.2%	0.3%	1,198,419	+11.9%	$4.5M
TCPCBlackrock Tcp Capital Corp	0.2%	0.1%	1,054,771	+93.5%	$3.5M
OXLCOxford Lane Cap Corp	0.1%	0.2%	268,564	+3.8%	$2.4M
BRCBBlack Rock Coffee Bar Inc	0.1%	0.2%	250,676	+0.0%	$2.1M
FSKFs Kkr Capital Corp	0.1%	1.0%	170,728	-88.7%	$1.8M
YJYunji Inc-Adr	0.0%	0.1%	215,800,000	+0.0%	$766K
RENTRent the Runway Inc	0.0%	0.1%	169,383	+0.0%	$534K
UNITUniti Group LLC	0.0%	0.0%	14,518	+0.0%	$167K
LIDRAeye Inc	0.0%	New	4,564	—	$7K
SKILSkillsoft Corp	0.0%	New	865	—	$4K
ARDCAres Dynamic Cr Allocation Fund	0.0%	New	59	—	$745.00

What Ares Management LLC bought and sold in Q2 2026, against Q1 2026.

Sold out

Integer Hldgs Corpwas 3.5%
AINV Midcap Financial Invstmnt Cowas 0.4%

Share counts compared with the Q1 2026 13F; a split also changes share counts.

How the holdings did against the S&P 500.

1 year: +1.1% /yr; S&P 500 +20.1%
3 years: -5.3% /yr; S&P 500 +20.4%
5 years: -8.5% /yr; S&P 500 +11.6%

A portfolio of the filer's 20 largest 13F positions, weighted by value, bought the trading day after each 13F was filed and held until the next one was: what copying this filer could have earned. 13Fs show long US-listed positions only, so this is an estimate of the stock picks, not the fund's reported returns.

Reported 13F value by quarter.

13F value by quarter
Quarter	13F value	Positions
Q2 2026	$2.2B	42
Q1 2026	$1.5B	37
Q4 2025	$1.8B	35
Q3 2025	$2.2B	34
Q2 2025	$2.0B	34
Q1 2025	$1.6B	33
Q4 2024	$2.8B	34
Q3 2024	$3.6B	37
Q2 2024	$3.4B	34
Q1 2024	$4.3B	34
Q4 2023	$4.0B	38
Q3 2023	$3.8B	37

Questions about Ares Management LLC's portfolio

What stocks does Ares Management LLC own?

Ares Management LLC's latest 13F, for Q2 2026 and filed Aug 14, 2026, lists 42 positions worth $2.2B. The largest are Savers Value Vlg Inc (SVV) at 53.8%, X-Energy Inc (XE) at 11.5%, Clear Channel Outdoor Hldgs (CCO) at 4.5%, Claritev Corporation (CTEV) at 2.9% and Arxis Inc (ARXS) at 2.6%.

What did Ares Management LLC buy last quarter?

In Q2 2026, Ares Management LLC added a new position in X-Energy Inc (XE), a new position in Arxis Inc (ARXS), a new position in Kodiak Ai Inc (KDK), a new position in Kodiak Ai Inc, a new position in Aeye Inc (LIDR), Bain Cap Specialty Fin Inc (BCSF) (+521.7% shares), Crescent Cap Bdc Inc (CCAP) (+99.2% shares) and Carlyle Secured Lending Inc (CGBD) (+96.7% shares), compared with its Q1 2026 filing.

What did Ares Management LLC sell last quarter?

In Q2 2026, Ares Management LLC sold all of Integer Hldgs Corp, sold all of Midcap Financial Invstmnt Co (AINV), Fs Kkr Capital Corp (FSK) (-88.7% shares) and Global Business Travel Group (GBTG) (-68.8% shares), compared with its Q1 2026 filing.

How has Ares Management LLC's portfolio performed?

A portfolio copying Ares Management LLC's 20 largest 13F holdings each quarter, from the day each filing was public, returned -5.3% a year over the last 3 years, against +20.4% for the S&P 500. Over 1 year: +1.1% against +20.1%. Over 5 years: -8.5% a year against +11.6%.

When is Ares Management LLC's next 13F filing due?

13F filings are due 45 days after each quarter ends. Ares Management LLC's filing for the quarter ending Sep 30, 2026 is due by Nov 14, 2026; this page updates the day after it is published.

How much money does Ares Management LLC manage?

Ares Management LLC reported $458.8B of regulatory assets under management on its latest SEC Form ADV. Its 13F, which covers only US-listed stocks and options, totals $2.2B.