Ares Management LLC 13F holdings, Q3 2025
Holdings as of September 30, 2025 · filings on SEC EDGAR · latest filing →
Ares Management LLC disclosed 34 US equity positions worth $2.2bn in its Q3 2025 13F filing. The largest position was SVV at 71.4% of the reported book, followed by GBTG and CTEV. Against the Q2 2025 filing, it opened 3 new positions, added to 1 and reduced 4 among the top 34 holdings.
What did Ares Management LLC own in Q3 2025? Top 34 positions
| # | Stock | Sector | Weight | Value | Shares | Δ shares | vs Q2 2025 |
|---|---|---|---|---|---|---|---|
| 1 | SVV Savers Value Village Inc | 71.4% | $1.6bn | 117,449,188 | 0% | held | |
| 2 | GBTG Global Business Travel Group | 5.1% | $112.2m | 13,886,023 | 0% | held | |
| 3 | CTEV Multiplan Corp | 4.5% | $98.9m | 1,863,105 | 0% | held | |
| 4 | CCO Clear Channel Outdoor Hldgs | Communication Services | 3.0% | $65.1m | 41,197,491 | -26% | reduced |
| 5 | ARCC Ares Capital Corp | 1.9% | $41.9m | 2,054,376 | 10% | added | |
| 6 | GBDC Golub Capital BDC Inc | 1.6% | $35.2m | 2,571,210 | 0% | held | |
| 7 | Barings BDC Inc | 1.5% | $33.3m | 3,797,112 | 0% | held | |
| 8 | Sixth Street Specialty Lending Inc | 1.5% | $31.9m | 1,394,779 | -1% | reduced | |
| 9 | OBDC Blue Owl Capital Corp. | Financial Services | 1.5% | $31.8m | 2,487,964 | 0% | held |
| 10 | OCSL Oaktree Specialty Lending Corp | 1.2% | $25.4m | 1,945,305 | 0% | held | |
| 11 | BXSL Blackstone Secured Lending Fund | 1.0% | $21.4m | 821,100 | 0% | held | |
| 12 | FSK FS KKR Cap Corp | 0.9% | $19.1m | 1,280,482 | -0% | held | |
| 13 | TEM Tempus AI Inc. | Healthcare | 0.6% | $13.3m | 164,383 | 0% | held |
| 14 | ARKO ARKO Corp | 0.4% | $9.6m | 2,110,000 | 0% | held | |
| 15 | OPTU Altice USA Inc | Communication Services | 0.4% | $8.5m | 3,547,478 | 0% | held |
| 16 | TRIN Trinity Cap Inc | 0.4% | $8.4m | 545,723 | 0% | held | |
| 17 | Goldman Sachs BDC Inc | 0.4% | $8.1m | 798,421 | 0% | held | |
| 18 | OTF Blue Owl Technology Fin Corp | 0.3% | $7.4m | 539,064 | – | new | |
| 19 | CCAP Crescent Capital BDC Inc | 0.3% | $7.4m | 516,409 | 0% | held | |
| 20 | OPAL OPAL Fuels Inc | 0.3% | $6.7m | 3,059,533 | 0% | held | |
| 21 | MFIC Midcap Financial Invstmnt Co | 0.3% | $6.5m | 545,532 | 0% | held | |
| 22 | BRCB Black Rock Coffee Bar Inc | Consumer Cyclical | 0.3% | $6.0m | 250,676 | – | new |
| 23 | NMFC New Mtn Fin Corp | 0.3% | $5.7m | 596,371 | 0% | held | |
| 24 | MSC Income Fund Inc | 0.2% | $5.4m | 408,393 | 0% | held | |
| 25 | RWAY Runway Growth Finance Corp | 0.2% | $4.4m | 435,885 | 0% | held | |
| 26 | HTGC Hercules Capital Inc | 0.2% | $3.8m | 201,606 | 0% | held | |
| 27 | SLR Investment Corp | 0.1% | $2.1m | 138,502 | -85% | reduced | |
| 28 | NCDL Nuveen Churchill Direct Lending | 0.1% | $1.7m | 125,156 | 0% | held | |
| 29 | Yunji Inc | 0.0% | $1.1m | 215,800,000 | 0% | held | |
| 30 | Bain Capital Specialty Finance Inc | 0.0% | $977.5k | 68,595 | 0% | held | |
| 31 | RENT Rent the Runway, Inc. | 0.0% | $835.1k | 169,383 | 0% | held | |
| 32 | UNIT Uniti Group LLC | 0.0% | $28.6k | 14,518 | – | new | |
| 33 | ARKO Corp | 0.0% | $10.2k | 1,100,000 | 0% | held | |
| 34 | XHG Xchange Tec. Inc | 0.0% | $217 | 419,729 | -100% | reduced |
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.