Ares Management 13F annual report
Ares Management is an investment fund managing more than $4.27 trillion ran by Penni Roll. There are currently 32 companies in Mrs. Roll’s portfolio. The largest investments include Savers Value Village Inc and Frontier Communications Parent Inc, together worth $3.55 trillion.
$4.27 trillion Assets Under Management (AUM)
As of 8th May 2024, Ares Management’s top holding is 134,659,188 shares of Savers Value Village Inc currently worth over $2.6 trillion and making up 60.7% of the portfolio value.
In addition, the fund holds 38,912,895 shares of Frontier Communications Parent Inc worth $953 billion.
The third-largest holding is California Resources worth $149 billion and the next is Clear Channel Outdoor Hldgs worth $92.1 billion, with 55,829,046 shares owned.
Currently, Ares Management's portfolio is worth at least $4.27 trillion. The total portfolio value may be much higher due to cash
assets that are not publicly disclosed such as fixed income, real estate, or cash equivalents.
Careers at Ares Management
The Ares Management office and employees reside in Los Angeles, California. According to the last 13-F report filed with the SEC, Penni Roll serves as the Chief Compliance Officer at Ares Management.
Recent trades
In the most recent 13F filing, Ares Management revealed that it had opened a new position in Savers Value Village Inc and bought 134,659,188 shares worth $2.6 trillion.
One of the largest hedge funds
The two most similar investment funds to Ares Management are Kodai Capital Management L.P. and Glenview Capital Management. They manage $4.28 trillion and $4.27 trillion respectively.
Penni Roll investment strategy
Ares Management’s portfolio is diversified across 8 sectors.
Currently, their heaviest sector is Finance — making up 4.0% of
the total portfolio value.
The fund focuses on investments in the United States as
46.9% of the portfolio companies
are based in the United States.
The majority of the companies in the fund’s portfolio are small-cap stocks.
Stocks with a size of more than $100 million in market cap make up
3% of the total holdings value.
On the other hand, large-cap stocks make up only approximately 0.1% of the portfolio.
The average market cap of the portfolio companies is close to $1.22 billion.
The complete list of Ares Management trades based on 13F SEC filings
These positions were updated on May 15th based on the fund’s latest 13F filing. Quickly find out what the most recently closed or increased positions are.
| Security | Shares Owned | Value | Allocation |
|---|---|---|---|
| Savers Value Village Inc |
Opened
134,659,188
|
$2,596,229,148,000 | 60.73% |
| Frontier Communications Parent Inc |
Opened
38,912,895
|
$953,365,927,000 | 22.30% |
| California Resources Corporation |
Opened
2,699,385
|
$148,736,113,000 | 3.48% |
| Clear Channel Outdoor Hldgs |
Opened
55,829,046
|
$92,117,926,000 | 2.15% |
| Global Business Travel Group |
Opened
9,016,773
|
$54,190,806,000 | 1.27% |
| Ares Cap Corp |
Opened
2,213,296
|
$46,080,823,000 | 1.08% |
| Barings BDC Inc |
Opened
4,102,857
|
$38,156,570,000 | 0.89% |
| Golub Capital BDC Inc |
Opened
2,157,554
|
$35,880,123,000 | 0.84% |
| Blue Owl Capital Corp. |
Opened
2,136,939
|
$32,866,122,000 | 0.77% |
| Blackstone Secured Lending Fund |
Opened
1,024,015
|
$31,898,067,000 | 0.75% |
| Oaktree Specialty Lending Corp |
Opened
1,508,987
|
$29,666,684,000 | 0.69% |
| FS KKR Capital Corp |
Opened
1,516,222
|
$28,914,354,000 | 0.68% |
| Sixth Street Specialty Lending Inc |
Opened
1,294,144
|
$27,733,506,000 | 0.65% |
| SLR Investment Corp |
Opened
1,429,348
|
$21,940,492,000 | 0.51% |
| PennantPark Investment Corp. |
Opened
2,880,838
|
$19,820,165,000 | 0.46% |
| MultiPlan Corporation |
Opened
21,125,350
|
$17,136,884,000 | 0.40% |
| Opal Fuels Inc |
Opened
3,059,533
|
$15,358,856,000 | 0.36% |
| SilverBow Resources Inc |
Opened
385,897
|
$13,174,524,000 | 0.31% |
| Arko Corp. |
Opened
2,110,000
|
$12,027,000,000 | 0.28% |
| BlackRock TCP Capital Corp |
Opened
959,295
|
$10,005,452,000 | 0.23% |
| Summit Midstream Partners LP |
Opened
341,347
|
$9,581,610,000 | 0.22% |
| Altice USA Inc |
Opened
3,547,478
|
$9,258,918,000 | 0.22% |
| VNET Group Inc |
No change
5,604,821
|
$8,687,473,000 | 0.20% |
| Crescent Capital BDC, Inc. |
Opened
501,573
|
$8,657,150,000 | 0.20% |
| Runway Growth Finance Corp |
Opened
286,000
|
$3,466,320,000 | 0.08% |
| Hercules Capital Inc |
Opened
143,038
|
$2,639,051,000 | 0.06% |
| Yunji Inc. |
Opened
215,800,000
|
$1,792,866,000 | 0.04% |
| Bain Capital Specialty Finance Inc |
Opened
99,325
|
$1,557,416,000 | 0.04% |
| Alps Etf Tr |
Opened
32,000
|
$1,518,720,000 | 0.04% |
| Rent The Runway, Inc. |
Opened
3,387,678
|
$1,170,104,000 | 0.03% |
| Nuveen Churchill Direct Lending |
Opened
58,448
|
$1,055,571,000 | 0.02% |
| Flj Group Limited |
Opened
41,972,885,300
|
$51,214,000 | 0.00% |
| No transactions found | |||
| Showing first 500 out of 32 holdings | |||
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