ARES MANAGEMENT LLC Q2 2025 Filing

Filed August 14, 2025

Portfolio Value

$2.0T

Holdings

34

Report Date

Q2 2025

Filing Type

13F-HR

All Holdings (34 positions)

#StockSharesValue% PortfolioType
1
SVVSavers Value Village Inc
117,449,188$1.2T61.25%
2
FYBRFrontier Communications Parent Inc
3,131,679$114.0B5.83%
3
GBTGGlobal Business Travel Group
13,886,023$87.5B4.47%
4
CTEVClaritev Corporation
1,863,105$84.1B4.30%
5
CCOClear Channel Outdoor Hldgs
55,829,046$65.3B3.34%
6
ARCCAres Capital Corp
1,861,913$40.9B2.09%
7
GBDCGolub Capital BDC Inc
2,571,210$37.7B1.93%
8
OBDCBlue Owl Capital Corp.
2,487,964$35.7B1.82%
9
TRYBarings BDC Inc
3,797,112$34.7B1.77%
10
TSLXSixth Street Specialty Lending Inc
1,402,689$33.4B1.71%
11
CRCCalifornia Resources Corporation
708,676$32.4B1.65%
12
FSKFS KKR Capital Corp
1,285,492$26.7B1.36%
13
FFC0Oaktree Specialty Lending Corp
1,945,305$26.6B1.36%
14
BXSLBlackstone Secured Lending Fund
821,100$25.2B1.29%
15
SLRCSLR Investment Corp
944,131$15.2B0.78%
16
TEMTempus AI Inc.
164,383$10.4B0.53%
17
GSBDGoldman Sachs BDC Inc
798,421$9.0B0.46%
18
ARKOARKO Corp
2,110,000$8.9B0.46%
19
TRINTrinity Cap Inc
545,723$7.7B0.39%
20
OPTUAltice USA Inc
3,547,478$7.6B0.39%
21
OPALOPAL Fuels Inc
3,059,533$7.4B0.38%
22
CCAPCrescent Capital BDC Inc
516,409$7.3B0.37%
23
MFICMidcap Financial Invstmnt Co
545,532$6.9B0.35%
24
FLYYQSpirit Aviation Hldgs Inc
1,378,343$6.9B0.35%
25
MSIFMSC Income Fund Inc
408,393$6.7B0.34%
26
NMFCNew Mtn Fin Corp
596,371$6.3B0.32%
27
RWAYRunway Growth Finance Corp
435,885$4.7B0.24%
28
HTGCHercules Capital Inc
201,606$3.7B0.19%
29
NCDLNuveen Churchill Direct Lending
125,156$2.0B0.10%
30
YJYunji Inc
215,519,700$1.1B0.06%
31
BCSFBain Capital Specialty Finance Inc
68,595$1.0B0.05%
32
RENTRent the Runway, Inc.
169,383$865.5M0.04%
33
ARKOARKO Corp
1,100,000$14.0M0.00%
34
XHGXchange Tec. Inc
34,083,266,800$3.6M0.00%