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Ares Management LLC 13F holdings, Q2 2025

Holdings as of June 30, 2025 · filings on SEC EDGAR · latest filing →

Ares Management LLC disclosed 34 US equity positions worth $2.0bn in its Q2 2025 13F filing. The largest position was SVV at 61.3% of the reported book, followed by FYBR and GBTG. Against the Q1 2025 filing, it opened 3 new positions, added to 11 and reduced 7 among the top 34 holdings.

← Q1 2025 · Q3 2025 →

What did Ares Management LLC own in Q2 2025? Top 34 positions

#StockSectorWeightValueSharesΔ sharesvs Q1 2025
1 SVV Savers Value Village Inc 61.3%$1.2bn117,449,188 -13% reduced
2 FYBR Frontier Communications Parent Inc 5.8%$114.0m3,131,679 0% held
3 GBTG Global Business Travel Group 4.5%$87.5m13,886,023 22% added
4 CTEV Claritev Corporation 4.3%$84.1m1,863,105 0% held
5 CCO Clear Channel Outdoor Hldgs Communication Services 3.3%$65.3m55,829,046 0% held
6 ARCC Ares Capital Corp 2.1%$40.9m1,861,913 -1% reduced
7 GBDC Golub Capital BDC Inc 1.9%$37.7m2,571,210 3% added
8 OBDC Blue Owl Capital Corp. Financial Services 1.8%$35.7m2,487,964 6% added
9 Barings BDC Inc 1.8%$34.7m3,797,112 5% added
10 Sixth Street Specialty Lending Inc 1.7%$33.4m1,402,689 2% added
11 CRC California Resources Corporation Energy 1.7%$32.4m708,676 0% held
12 FSK FS KKR Capital Corp 1.4%$26.7m1,285,492 -2% reduced
13 OCSL Oaktree Specialty Lending Corp 1.4%$26.6m1,945,305 -2% reduced
14 BXSL Blackstone Secured Lending Fund 1.3%$25.2m821,100 4% added
15 SLR Investment Corp 0.8%$15.2m944,131 -34% reduced
16 TEM Tempus AI Inc. Healthcare 0.5%$10.4m164,383 0% held
17 Goldman Sachs BDC Inc 0.5%$9.0m798,421 73% added
18 ARKO ARKO Corp 0.5%$8.9m2,110,000 0% held
19 TRIN Trinity Cap Inc 0.4%$7.7m545,723 0% held
20 OPTU Altice USA Inc Communication Services 0.4%$7.6m3,547,478 0% held
21 OPAL OPAL Fuels Inc 0.4%$7.4m3,059,533 0% held
22 CCAP Crescent Capital BDC Inc 0.4%$7.3m516,409 10% added
23 MFIC Midcap Financial Invstmnt Co 0.4%$6.9m545,532 13% added
24 Spirit Aviation Hldgs Inc 0.4%$6.9m1,378,343 – new
25 MSC Income Fund Inc 0.3%$6.7m408,393 -21% reduced
26 NMFC New Mtn Fin Corp 0.3%$6.3m596,371 5% added
27 RWAY Runway Growth Finance Corp 0.2%$4.7m435,885 -5% reduced
28 HTGC Hercules Capital Inc 0.2%$3.7m201,606 0% held
29 NCDL Nuveen Churchill Direct Lending 0.1%$2.0m125,156 15% added
30 Yunji Inc 0.1%$1.1m215,519,700 – new
31 Bain Capital Specialty Finance Inc 0.1%$1.0m68,595 0% held
32 RENT Rent the Runway, Inc. 0.0%$865.5k169,383 0% held
33 ARKO Corp 0.0%$14.0k1,100,000 0% held
34 XHG Xchange Tec. Inc 0.0%$3.6k34,083,266,800 – new

Weights are shares of the reported long US equity book (options excluded). Values are as filed, normalised to whole dollars. Share changes compare against the immediately preceding filing only.