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

13F holders, Q2 2025 (June 30)
65holders −1
8new positions
9sold out
$34.03avg. 13F price*

At the end of Q2 2025, 65 institutions reported holding Ares Management Corp. (ares 6.75 10/01/27 B) in their 13F filings, down 1 from Q1 2025. 8 opened new positions and 9 sold out. The largest holders were Voya Investment Management LLC ($234.4M), Franklin Resources Inc. ($194.0M) and BlackRock, Inc. ($125.2M).

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 Q1 2025 → Q2 2025

InstitutionsTotal Value
New Positions8$56.5M
Exits9$51.2M

All 13F filers, Q1 2025 → Q2 2025: 6,624,742 shares bought and 2,297,116 shares sold, net +4,327,626 shares. Counts holders who added, trimmed, opened or closed a position; split-adjusted.

Ownership 65 holders

Voya Investment Management LLC — Add +31.1% 4,423,500 $234.4M
Franklin Resources Inc. — Reduce -0.9% 3,661,097 $194.0M
BlackRock, Inc. — Reduce -5.8% 2,362,531 $125.2M
Calamos Advisors LLC — Reduce -10.1% 1,644,910 $87.2M
Victory Capital Management Inc. — Reduce -1.5% 1,206,480 $63.9M
Portman Square Capital LLP — No change 1,050,000 $56.4M
Advent Capital Management — Reduce -6.0% 828,550 $45.3M
Ameriprise Financial Inc. — Reduce -11.8% 782,020 $42.5M
MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. — New 757,844 $40.2M
Credit Industriel Et Commercial — No change 625,000 $33.6M
Two Sigma Investments, LP — Add +3.6% 585,348 $31.0M
Clearbridge Investments, LLC — No change 496,537 $26.3M
MacKay Shields LLC — Reduce -0.4% 479,590 $26.1M
FMR LLC — Reduce -7.4% 471,370 $25.6M
Magnetar Financial LLC — Add +76.9% 460,000 $24.7M
State Street Corp. — Reduce -4.7% 408,000 $21.9M
Infrastructure Capital Advisors, LLC — Add +132.4% 365,912 $19.4M
Ssi Investment Management LLC — Add +28.4% 360,545 $19.3M
Bank of America Corp. — Add +45.0% 352,867 $18.7M
Pier 88 Investment Partners LLC — Add +105.6% 284,450 $15.1M
Wellington Management Group LLP — Add +3.2% 246,915 $13.2M
Angelo Gordon & Co., L.P. — No change 220,000 $12.0M
Citigroup Inc. — Reduce -30.9% 225,609 $12.0M
Wells Fargo & Company — Add +1139.1% 204,748 $10.9M
Context Capital Management, LLC — Reduce -38.5% 200,000 $10.6M
Invesco Ltd. — Add +124.7% 191,000 $10.1M
BlueCrest Capital Management Ltd — New 174,944 $9.3M
Wolverine Asset Management LLC — Add +183.5% 119,346 $6.4M
Gabelli Funds LLC — No change 119,000 $6.3M
Rational Advisors, Inc. — Add +61.0% 116,100 $6.2M
Fosun International Ltd — Add +37.5% 11,000,000 $5.8M
JPMorgan Chase & Co. — New 95,000 $5.0M
Penserra Capital Management LLC — Add +21.5% 86,332 $4.6M
Neuberger Berman Group LLC — Add +2.9% 69,440 $3.7M
Laffer Tengler Investments, Inc. — Reduce -2.6% 64,890 $3.5M
Russell Investments Group, Ltd. — Add +11.3% 2,808,700 $3.0M
American Century Companies Inc. — Reduce -6.8% 45,337 $2.5M
Uniplan Investment Counsel, Inc. — Reduce -9.0% 30,868 $1.6M
Palisade Capital Management, LP — No change 30,000 $1.6M
Morgan Stanley — Reduce -16.6% 29,564 $1.6M
Steward Partners Investment Advisory, LLC — Add +138.7% 26,049 $1.4M
Agf Management Ltd. — No change 25,000 $1.3M
AEGON USA Investment Management, LLC — New 22,700 $1.2M
Central Pacific Bank - Trust Division — Add +24.1% 10,955 $581K
Stonegate Investment Group, LLC — Add +3.3% 8,070 $428K
Barclays PLC — Reduce -95.4% 7,399 $392K
Oddo BHF Asset Management Sas — No change 6,000 $327K
Jane Street Group, LLC — Reduce -97.2% 5,938 $315K
Ground Swell Capital, LLC — New 5,665 $300K
Envestnet Asset Management Inc. — Reduce -8.8% 5,655 $300K
Sei Investments Co. — No change 5,250 $278K
Raymond James Financial Inc. — New 5,075 $269K
&partners — New 4,702 $249K
Susquehanna International Group, LLP — Reduce -16.9% 4,420 $234K
Lazard Asset Management LLC — No change 1,346 $71K
Fifth Third Bancorp — No change 867 $46K
Tower Research Capital LLC (TRC) — New 538 $29K
Lanark Financial, Inc. — Reduce -16.9% 320 $16K
Farther Finance Advisors, LLC — No change 200 $11K
UBS Group AG — Reduce -85.8% 184 $10K
Comerica Bank — Add +134.0% 117 $6K
Northwestern Mutual Wealth Management Co. — Reduce -72.7% 59 $3K
Osaic Holdings, Inc. — Add +400.0% 50 $3K
Alken Asset Management Ltd — Reduce -50.0% 30,000 $2K
TD Private Client Wealth LLC — No change 22 $1K

"% 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.