1y return+48.6%S&P 500 +20.9%
3y return−74.9%S&P 500 +68.5%
5y return−77.9%S&P 500 +74.5%
These returns are for its stock picks as disclosed on Form 13F: last quarter's holdings, valued at this quarter's prices. They miss trades within each quarter, short positions, options, bonds, cash and fees, so they aren't the returns its clients got.
$100 invested in its stock picks
Since March 31, 2020: $52 against $290 in the S&P 500.2
Ares Management LLCS&P 500 (SPY)
Top holdings
At the end of June 30, 2026. Change is in shares since the quarter before.2
| Stock | Value | Share of portfolio | Change |
|---|---|---|---|
| SVVSavers Value Village Inc | $1.2B | 53.8% | |
| XEX-Energy Inc | $254.2M | 11.5% | New |
| Clear Channel Outdoor Holdings, Inc.CUSIP 18453H106 | $99.7M | 4.5% | |
| CTEVMultiplan Corp | $63.6M | 2.9% | |
| ARXSArxis Inc | $57.9M | 2.6% | New |
| KDKKodiak Robotics Inc | $53.9M | 2.4% | New |
| ARCCAres Capital Corp | $51.6M | 2.3% | +6.5% |
| GBDCGolub Capital BDC Inc | $43.2M | 2.0% | +9.8% |
| Global Business Travel Group ICUSIP 37890B100 | $40.7M | 1.9% | −68.8% |
| BBDCBarings BDC Inc | $35.5M | 1.6% | +14.7% |
| OBDCBlue Owl Capital Corp | $31.2M | 1.4% | |
| GSBDGoldman Sachs BDC Inc | $29.8M | 1.4% | +45.0% |
| OCSLOaktree Specialty Lending Corp | $26.3M | 1.2% | +5.0% |
| TSLXSixth Street Specialty Lending Inc | $24.1M | 1.1% | +3.7% |
| BXSLBlackstone Secured Lending Fund | $21.2M | 1.0% | +11.2% |
| OTFBlue Owl Technology Finance Corp | $20.4M | 0.9% | +46.1% |
| ARKOArko Corp | $16.9M | 0.8% | |
| MSIFMSC Income Fund Inc | $14.7M | 0.7% | +53.4% |
| HTGCHercules Capital Inc | $12.2M | 0.6% | |
| NCDLNuveen Churchill Direct Lending Corp | $11.9M | 0.5% | +66.8% |
| CCAPCrescent Capital BDC Inc | $11.9M | 0.5% | +99.2% |
| MSDLMorgan Stanley Direct Lending Fund | $11.7M | 0.5% | +88.1% |
| KDKRWKodiak Robotics Inc | $10.6M | 0.5% | New |
| TRINTrinity Capital Inc | $9.8M | 0.4% | |
| TEMTempus AI, Inc. | $9.5M | 0.4% |
Best picks still held
How each current holding has done since the quarter it first appeared in its filings (up to six years back).
| Stock | Held since | Return since | Now worth |
|---|---|---|---|
| CTEVMultiplan Corp | September 30, 2024 | +346.5% | $63.6M |
| UNITUniti Group Inc | September 30, 2025 | +87.4% | $167K |
| TEMTempus AI, Inc. | June 30, 2024 | +65.5% | $9.5M |
| Global Business Travel Group ICUSIP 37890B100 | June 30, 2022 | +48.8% | $40.7M |
| TRINTrinity Capital Inc | September 30, 2024 | +31.8% | $9.8M |
| ARCCAres Capital Corp | June 30, 2020 | +28.2% | $51.6M |
| GBDCGolub Capital BDC Inc | June 30, 2020 | +10.6% | $43.2M |
| BBDCBarings BDC Inc | June 30, 2020 | +7.3% | $35.5M |
| BXSLBlackstone Secured Lending Fund | September 30, 2022 | +4.3% | $21.2M |
| FIPFTAI Infrastructure Inc. | December 31, 2025 | +0.7% | $5.6M |
Sold off last quarter
- Integer Holdings CorpCUSIP 45826HAD1 was $53.3M
- MFICMidCap Financial Investment Corp was $6.1M
Quarter by quarter
| Quarter | Its picks | S&P 500 |
|---|---|---|
| June 30, 2026 | +21.0% | +14.8% |
| March 31, 2026 | −13.4% | −4.6% |
| December 31, 2025 | −24.5% | +2.4% |
| September 30, 2025 | +87.8% | +7.8% |
| June 30, 2025 | +29.3% | +10.5% |
| March 31, 2025 | −16.6% | −4.6% |
| December 31, 2024 | −3.4% | +2.1% |
| September 30, 2024 | −56.6% | +5.4% |
| June 30, 2024 | +4.2% | +4.0% |
| March 31, 2024 | −60.1% | +10.0% |
| December 31, 2023 | +5.8% | +11.2% |
| September 30, 2023 | −15.2% | −3.6% |
| June 30, 2023 | +0.0% | +8.3% |
| March 31, 2023 | −3.0% | +7.0% |
| December 31, 2022 | +8.1% | +7.1% |
| September 30, 2022 | +2.2% | −5.3% |
| June 30, 2022 | −19.9% | −16.5% |
| March 31, 2022 | −9.7% | −4.9% |
| December 31, 2021 | +9.7% | +10.7% |
| September 30, 2021 | +3.8% | +0.3% |
Sources
Every number on this page points here. Each one links to the public record.
- 1SEC EDGAR: Ares Management LLC Form 13F filingshttps://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=1259313&type=13F-HR&dateb=&owner=include&count=40CIK 1259313
- 2SEC: 13F for the quarter ended June 30, 2026https://www.sec.gov/Archives/edgar/data/1259313/000110465926097151/Filed August 14, 2026 · accession 0001104659-26-097151