Ares Management LLC
In its 13F for Q2 2026 (holdings as of June 30, 2026, filed August 14, 2026), Ares Management LLC reported 41 stock positions worth $2.2 billion. Its top holding was Savers Value Village (SVV) at 54.1% of the portfolio, followed by X-Energy (XE, 11.6%) and Clear Channel Outdoor Holdin (CCO, 4.6%). Compared with Q1 2026, it opened 6 new positions, sold out of 2, added to 19 and reduced 2. The biggest buy was a new position in X-Energy (XE) and the biggest sale an exit from Integer Holdings Corp. (itgr 1.875 03/15/30).
- Most Recent 13F
- Q2 2026
- Location
- LOS ANGELES, CA
- CIK
- 0001259313
- Portfolio Value
- $2.2B (Q2 2026)
- SEC Filing
- 0001104659-26-097151 ↗ filed Aug 14, 2026
Holdings Value
Holdings 41 stocks · $2.2B
| SVV Savers Value Village Inc. | 54.09% | 117,449,188 | $1.2B | No change |
| XE X-Energy Inc. | 11.60% | 13,844,585 | $254.2M | New |
| CCO Clear Channel Outdoor Holdin | 4.55% | 41,197,491 | $99.7M | No change |
| CTEV Claritev Corp. | 2.90% | 1,863,105 | $63.6M | No change |
| ARXS Arxis Inc. Class A | 2.64% | 1,254,547 | $57.9M | New |
| KDK Kodiak AI Inc. | 2.46% | 10,610,857 | $53.9M | New |
| ARCC Ares Capital Corp. | 2.35% | 2,783,165 | $51.6M | Add +6.5% |
| GBDC Golub Capital BDC Inc. | 1.97% | 3,357,115 | $43.2M | Add +9.8% |
| GBTG Global Business Travel Group | 1.86% | 4,338,264 | $40.7M | Reduce -68.8% |
| BBDC Barings BDC Inc. | 1.62% | 4,164,327 | $35.5M | Add +14.7% |
| OBDC Blue Owl Capital Corp. | 1.43% | 2,872,757 | $31.2M | Add +0.9% |
| GSBD Goldman Sachs BDC Inc. | 1.36% | 3,147,251 | $29.8M | Add +45.0% |
| OCSL Oaktree Specialty Lending Co. | 1.20% | 2,204,305 | $26.3M | Add +5.0% |
| TSLX Sixth Street Specialty Lendi | 1.10% | 1,404,779 | $24.1M | Add +3.7% |
| BXSL Blackstone Secured Lending F | 0.97% | 895,687 | $21.2M | Add +11.2% |
| OTF Blue Owl Technology Finance | 0.93% | 1,966,345 | $20.4M | Add +46.1% |
| ARKO Arko Corp. | 0.77% | 2,110,000 | $16.9M | No change |
| MSIF MSC Income Fund Inc. | 0.67% | 1,267,910 | $14.7M | Add +53.4% |
| HTGC Hercules Capital Inc. | 0.56% | 776,606 | $12.2M | No change |
| NCDL Nuveen Churchill Direct Lend | 0.54% | 958,826 | $11.9M | Add +66.8% |
| CCAP Crescent Capital BDC Inc. | 0.54% | 1,088,183 | $11.9M | Add +99.2% |
| MSDL Morgan Stanley Direct Lendin | 0.53% | 775,128 | $11.7M | Add +88.1% |
| TRIN Trinity Capital Inc. | 0.45% | 545,723 | $9.8M | No change |
| TEM Tempus AI Inc. Class A | 0.43% | 164,383 | $9.5M | No change |
| RWAY Runway Growth Finance Corp. | 0.39% | 1,517,179 | $8.5M | Add +28.8% |
| BCSF Bain Capital Specialty Finan | 0.34% | 588,471 | $7.4M | Add +521.7% |
| OPAL Opal Fuels Inc. Class A | 0.31% | 3,059,533 | $6.7M | No change |
| FIP Ftai Infrastructure Inc. | 0.25% | 1,197,554 | $5.6M | No change |
| OPTU Optimum Communications Inc. Class A | 0.23% | 3,547,478 | $5.1M | No change |
| CGBD Carlyle Secured Lending Inc. | 0.23% | 472,187 | $5.0M | Add +96.7% |
| ECC Eagle Point Credit Co. | 0.20% | 1,198,419 | $4.5M | Add +11.9% |
| TCPC BlackRock TCP Capital Corp. | 0.16% | 1,054,771 | $3.5M | Add +93.5% |
| OXLC Oxford Lane Capital Corp. | 0.11% | 268,564 | $2.4M | Add +3.8% |
| BRCB Black Rock Coffee Bar Inc. Class A | 0.09% | 250,676 | $2.1M | No change |
| FSK FS KKR Capital Corp. | 0.08% | 170,728 | $1.8M | Reduce -88.8% |
| YJ Yunji Inc.-ADR | 0.04% | 215,800,000 | $766K | No change |
| RENT Rent the Runway Inc. Class A | 0.02% | 169,383 | $534K | No change |
| UNIT Uniti Group Inc. | 0.01% | 14,518 | $167K | No change |
| LIDR Aeye Inc. | 0.00% | 4,564 | $7K | New |
| SKIL Skillsoft Corp. | 0.00% | 865 | $4K | New |
| ARDC Ares Dynamic Credit All | 0.00% | 59 | $745 | New |
Other holdings (3): bonds, preferreds, convertibles and warrants · $103.3M (not counted above)
| Security | Class | Shares / Principal | Value | Change |
|---|---|---|---|---|
| INTEGER HOLDINGS CORP (ITGR 1.875 03/15/30) | DBCV 1.875% 3/1 · principal | 63,830,000 | $61.5M | New |
| HAEMONETICS CORP (HAE 2.5 06/01/29) | NOTE 2.500% 6/0 · principal | 30,765,000 | $31.1M | New |
| KDKRW Ares Acquisition Corp. II-28 | *W EXP 09/25/203 | 14,300,000 | $10.6M | New |
Total filed on the 13F, all lines: $2.3B.
Portfolio Sells Q1 2026 → Q2 2026
| INTEGER HOLDINGS CORP (ITGR 1.875 03/15/30) | Sold out | 0.00% | −3.51 |
| GBTG Global Business Travel Group | Reduce -68.8% | 1.86% | −3.25 |
| FSK FS KKR Capital Corp. | Reduce -88.8% | 0.08% | −0.94 |
| MFIC Midcap Financial Investment | Sold out | 0.00% | −0.40 |
Portfolio Buys Q1 2026 → Q2 2026
| XE X-Energy Inc. | New | 11.60% | +11.60 |
| ARXS Arxis Inc. Class A | New | 2.64% | +2.64 |
| KDK Kodiak AI Inc. | New | 2.46% | +2.46 |
| BCSF Bain Capital Specialty Finan | Add +521.7% | 0.34% | +0.26 |
| MSDL Morgan Stanley Direct Lendin | Add +88.1% | 0.53% | +0.16 |
| CCAP Crescent Capital BDC Inc. | Add +99.2% | 0.54% | +0.10 |
| GSBD Goldman Sachs BDC Inc. | Add +45.0% | 1.36% | +0.09 |
| NCDL Nuveen Churchill Direct Lend | Add +66.8% | 0.54% | +0.06 |
| CGBD Carlyle Secured Lending Inc. | Add +96.7% | 0.23% | +0.05 |
| TCPC BlackRock TCP Capital Corp. | Add +93.5% | 0.16% | +0.03 |
| MSIF MSC Income Fund Inc. | Add +53.4% | 0.67% | +0.01 |
| LIDR Aeye Inc. | New | 0.00% | +0.00 |
| SKIL Skillsoft Corp. | New | 0.00% | +0.00 |
| ARDC Ares Dynamic Credit All | New | 0.00% | 0.00 |
| OXLC Oxford Lane Capital Corp. | Add +3.8% | 0.11% | −0.06 |
| ECC Eagle Point Credit Co. | Add +11.9% | 0.20% | −0.06 |
| RWAY Runway Growth Finance Corp. | Add +28.8% | 0.39% | −0.14 |
| OTF Blue Owl Technology Finance | Add +46.1% | 0.93% | −0.17 |
| BXSL Blackstone Secured Lending F | Add +11.2% | 0.97% | −0.29 |
| BBDC Barings BDC Inc. | Add +14.7% | 1.62% | −0.35 |
| OCSL Oaktree Specialty Lending Co. | Add +5.0% | 1.20% | −0.36 |
| TSLX Sixth Street Specialty Lendi | Add +3.7% | 1.10% | −0.54 |
| GBDC Golub Capital BDC Inc. | Add +9.8% | 1.97% | −0.58 |
| OBDC Blue Owl Capital Corp. | Add +0.9% | 1.43% | −0.65 |
| ARCC Ares Capital Corp. | Add +6.5% | 2.35% | −0.75 |
Notes & Other Activity Q1 2026 → Q2 2026
| INTEGER HOLDINGS CORP (ITGR 1.875 03/15/30) | DBCV 1.875% 3/1 · principal | New | 63,830,000 | $61.5M |
| HAEMONETICS CORP (HAE 2.5 06/01/29) | NOTE 2.500% 6/0 · principal | New | 30,765,000 | $31.1M |
| KDKRW Ares Acquisition Corp. II-28 | *W EXP 09/25/203 | New | 14,300,000 | $10.6M |
Bonds, preferreds, convertibles and warrants; not part of the stock holdings or percentages above.
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 41 | $2.2B | SVV, XE, CCO, CTEV, ARXS |
| Q1 2026 | 37 | $1.5B | SVV, CCO, GBTG, INTEGER HOLDINGS CORP (ITGR 1.875 03/15/30), ARCC |
| Q4 2025 | 35 | $1.8B | SVV, GBTG, CCO, CTEV, ARCC |
| Q3 2025 | 33 | $2.2B | SVV, GBTG, CTEV, CCO, ARCC |
| Q2 2025 | 33 | $2.0B | SVV, FYBR, GBTG, CTEV, CCO |
| Q1 2025 | 32 | $1.6B | SVV, FYBR, GBTG, CCO, ARCC |
| Q4 2024 | 33 | $2.8B | SVV, FYBR, GBTG, CCO, GBDC |
| Q3 2024 | 36 | $3.6B | SVV, FYBR, CRC, CCO, GBTG |
| Q2 2024 | 33 | $3.5B | SVV, FYBR, YJ, CRC, CCO |
| Q1 2024 | 33 | $4.5B | SVV, FYBR, YJ, CRC, CCO |