Ares Management Corp. (ares 6.75 10/01/27 B)Preferred / convertible

13F holders, Q1 2025 (March 31)
66holders +14
19new positions
7sold out
1famous investor
$33.05avg. 13F price*

At the end of Q1 2025, 66 institutions reported holding Ares Management Corp. (ares 6.75 10/01/27 B) in their 13F filings, up 14 from Q4 2024. 19 opened new positions and 7 sold out. The largest holders were Franklin Resources Inc. ($178.0M), Voya Investment Management LLC ($162.6M) and BlackRock, Inc. ($120.8M). One famous investor held it David E. Shaw ( of D. E. Shaw & Co.'s portfolio).

Company
Ares Management Corp. (ares 6.75 10/01/27 B)
CUSIP
03990B309
Latest filing quarter
Q2 2026

History

Number of 13F holders

020406080 Q4 2024: 52Q4 2024Q1 2025: 66Q1 2025Q2 2025: 65Q2 2025Q3 2025: 66Q3 2025Q4 2025: 65Q4 2025Q1 2026: 57Q1 2026Q2 2026: 52Q2 2026

Total Exit/New Position Q4 2024 → Q1 2025

InstitutionsTotal Value
New Positions19$91.2M
Exits7$115.4M

All 13F filers, Q4 2024 → Q1 2025: 11,503,048 shares bought and 5,626,700 shares sold, net +5,876,348 shares. Counts holders who added, trimmed, opened or closed a position; split-adjusted.

Ownership 66 holders

Franklin Resources Inc. — Add +8.0% 3,692,746 $178.0M
Voya Investment Management LLC — Reduce -5.3% 3,373,500 $162.6M
BlackRock, Inc. — Reduce -2.7% 2,506,674 $120.8M
Calamos Advisors LLC — Reduce -7.2% 1,828,855 $88.2M
Victory Capital Management Inc. — Add +31.4% 1,225,018 $59.1M
Portman Square Capital LLP — New 1,050,000 $49.8M
Ameriprise Financial Inc. — Add +3.5% 887,159 $42.3M
Advent Capital Management — Add +13.6% 881,034 $42.2M
Credit Industriel Et Commercial — No change 625,000 $29.1M
Two Sigma Investments, LP — Add +7129.8% 564,938 $27.2M
FMR LLC — Reduce -48.0% 508,970 $24.3M
Clearbridge Investments, LLC — Reduce -12.0% 496,537 $23.9M
MacKay Shields LLC — Reduce -0.5% 481,629 $23.1M
Norges Bank — Reduce -20.8% 475,000 $22.9M
State Street Corp. — Reduce -12.3% 428,000 $20.3M
Citigroup Inc. — Add +4.3% 326,540 $15.7M
Context Capital Management, LLC — Reduce -31.6% 325,000 $15.7M
Ssi Investment Management LLC — Add +28.2% 280,874 $13.4M
Magnetar Financial LLC — New 260,000 $12.4M
Nuveen, LLC — — 250,000 $12.1M
Bank of America Corp. — Reduce -52.2% 243,385 $11.7M
Wellington Management Group LLP — Reduce -79.8% 239,315 $11.3M
Angelo Gordon & Co., L.P. — No change 220,000 $10.5M
Jane Street Group, LLC — Reduce -81.2% 215,244 $10.4M
Barclays PLC — Add +559.5% 162,343 $7.8M
Infrastructure Capital Advisors, LLC — Add +11.7% 157,437 $7.6M
Pier 88 Investment Partners LLC — New 138,350 $6.7M
Healthcare of Ontario Pension Plan Trust Fund — New 125,000 $6.0M
Gabelli Funds LLC — No change 119,000 $5.6M
D. E. Shaw & Co. — Reduce -50.0% 100,000 $4.7M
Invesco Ltd. — No change 85,000 $4.1M
Fosun International Ltd — New 8,000,000 $3.9M
Goldman Sachs Group Inc. — New 75,000 $3.6M
Rational Advisors, Inc. — New 72,100 $3.5M
Penserra Capital Management LLC — New 71,038 $3.4M
Neuberger Berman Group LLC — Add +4.2% 67,500 $3.3M
Laffer Tengler Investments, Inc. — Add +17.7% 66,615 $3.2M
Russell Investments Group, Ltd. — Add +3.3% 2,522,500 $2.4M
American Century Companies Inc. — Reduce -12.3% 48,617 $2.3M
Wolverine Asset Management LLC — Reduce -13.4% 42,097 $2.0M
Morgan Stanley — Reduce -29.1% 35,464 $1.7M
Uniplan Investment Counsel, Inc. — Reduce -4.4% 33,908 $1.6M
Palisade Capital Management, LP — Add +100.0% 30,000 $1.4M
Agf Management Ltd. — Add +25.0% 25,000 $1.2M
Ionic Capital Management LLC — No change 20,000 $964K
Wells Fargo & Company — Reduce -67.2% 16,524 $797K
Elequin Capital, LP — New 15,000 $710K
Steward Partners Investment Advisory, LLC — Add +245.6% 10,912 $526K
Central Pacific Bank - Trust Division — New 8,830 $426K
Stonegate Investment Group, LLC — New 7,810 $377K
Envestnet Asset Management Inc. — Reduce -2.0% 6,204 $299K
Oddo BHF Asset Management Sas — No change 6,000 $291K
Susquehanna International Group, LLP — Add +26.0% 5,317 $256K
Sei Investments Co. — No change 5,250 $253K
Sculptor Capital LP — New 4,637 $224K
Lazard Asset Management LLC — New 1,346 $64K
UBS Group AG — New 1,300 $63K
Fifth Third Bancorp — Reduce -8.1% 867 $42K
Lanark Financial, Inc. — — 385 $18K
Northwestern Mutual Wealth Management Co. — New 216 $10K
Farther Finance Advisors, LLC — New 200 $10K
Alken Asset Management Ltd — New 60,000 $3K
Comerica Bank — No change 50 $2K
US Bancorp \de — New 32 $2K
TD Private Client Wealth LLC — No change 22 $1K
Osaic Holdings, Inc. — New 10 $482

"% of holder's portfolio" is ARES MANAGEMENT CORP (ARES 6.75 10/01/27 B)'s weight in each manager's 13F, not the share of Ares Management Corp. (ares 6.75 10/01/27 B) the manager owns.