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

13F holders, Q3 2025 (September 30)
66holders +1
7new positions
6sold out
1famous investor
$44.80avg. 13F price*

At the end of Q3 2025, 66 institutions reported holding Ares Management Corp. (ares 6.75 10/01/27 B) in their 13F filings, up 1 from Q2 2025. 7 opened new positions and 6 sold out. The largest holders were Voya Investment Management LLC ($202.3M), Franklin Resources Inc. ($182.7M) and BlackRock, Inc. ($119.2M). 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 Q2 2025 → Q3 2025

InstitutionsTotal Value
New Positions7$56.1M
Exits6$8.7M

All 13F filers, Q2 2025 → Q3 2025: 2,346,855 shares bought and 12,054,626 shares sold, net −9,707,771 shares. Counts holders who added, trimmed, opened or closed a position; split-adjusted.

Ownership 66 holders

Voya Investment Management LLC — Reduce -8.0% 4,070,745 $202.3M
Franklin Resources Inc. — Add +0.5% 3,677,554 $182.7M
BlackRock, Inc. — Add +1.6% 2,399,701 $119.2M
Calamos Advisors LLC — Reduce -0.1% 1,643,534 $81.7M
Victory Capital Management Inc. — Reduce -1.8% 1,184,647 $58.9M
Two Sigma Investments, LP — Add +82.6% 1,068,720 $53.1M
Portman Square Capital LLP — No change 1,050,000 $52.3M
Advent Capital Management — Add +1.1% 837,300 $41.9M
Ameriprise Financial Inc. — Add +5.8% 827,020 $41.2M
Magnetar Financial LLC — Add +64.6% 757,250 $37.8M
D. E. Shaw & Co. — New 747,250 $37.2M
MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. — Reduce -3.8% 729,209 $36.2M
Credit Industriel Et Commercial — No change 625,000 $31.0M
Clearbridge Investments, LLC — Add +7.4% 533,418 $26.5M
MacKay Shields LLC — Add +0.3% 480,905 $24.0M
FMR LLC — Reduce -4.2% 451,770 $22.5M
State Street Corp. — Add +0.7% 411,000 $20.5M
Ssi Investment Management LLC — Reduce -0.0% 360,390 $17.9M
Wells Fargo & Company — Add +58.8% 325,077 $16.2M
Bank of America Corp. — Reduce -16.8% 293,607 $14.6M
Sculptor Capital LP — New 288,260 $14.3M
Citigroup Inc. — Add +17.3% 264,609 $13.1M
Wellington Management Group LLP — Reduce -3.5% 238,350 $11.9M
Angelo Gordon & Co., L.P. — No change 220,000 $11.0M
Pier 88 Investment Partners LLC — Reduce -25.1% 212,970 $10.6M
Infrastructure Capital Advisors, LLC — Reduce -40.9% 216,101 $10.2M
Context Capital Management, LLC — No change 200,000 $9.9M
Invesco Ltd. — Reduce -17.2% 158,109 $7.9M
Wolverine Asset Management LLC — Add +15.5% 137,818 $6.9M
Gabelli Funds LLC — No change 119,000 $5.9M
Barclays PLC — Add +1361.8% 108,157 $5.4M
JPMorgan Chase & Co. — Reduce -14.5% 81,209 $4.0M
Neuberger Berman Group LLC — No change 69,440 $3.5M
Laffer Tengler Investments, Inc. — Add +0.1% 64,975 $3.2M
Penserra Capital Management LLC — Reduce -29.7% 60,701 $3.0M
Russell Investments Group, Ltd. — No change 2,808,700 $2.8M
Rational Advisors, Inc. — Reduce -63.7% 42,100 $2.1M
Goldman Sachs Group Inc. — New 41,647 $2.1M
BlueCrest Capital Management Ltd — Reduce -78.3% 38,046 $1.9M
Morgan Stanley — Add +18.0% 34,891 $1.7M
Uniplan Investment Counsel, Inc. — Add +4.2% 32,152 $1.6M
Palisade Capital Management, LP — No change 30,000 $1.5M
Steward Partners Investment Advisory, LLC — Add +9.6% 28,559 $1.4M
AEGON USA Investment Management, LLC — No change 22,700 $1.1M
Agf Management Ltd. — Reduce -20.0% 20,000 $994K
Fortress Investment Group LLC — New 18,972 $943K
Morningstar Investment Management LLC — New 15,778 $784K
Central Pacific Bank - Trust Division — No change 10,955 $544K
CSS LLC — New 8,805 $439K
Stonegate Investment Group, LLC — Add +1.5% 8,191 $407K
Susquehanna International Group, LLP — Add +48.3% 6,553 $326K
Oddo BHF Asset Management Sas — No change 6,000 $304K
Jane Street Group, LLC — Add +2.3% 6,077 $302K
Jefferies Financial Group Inc. — New 6,000 $298K
Envestnet Asset Management Inc. — Add +5.7% 5,977 $297K
Sei Investments Co. — No change 5,250 $261K
Raymond James Financial Inc. — Reduce -0.2% 5,067 $252K
&partners — Add +2.5% 4,822 $240K
Fifth Third Bancorp — Add +11.3% 965 $48K
UBS Group AG — Add +109.8% 386 $19K
Lanark Financial, Inc. — No change 320 $16K
Farther Finance Advisors, LLC — No change 200 $10K
Comerica Bank — Reduce -0.8% 116 $6K
Northwestern Mutual Wealth Management Co. — Add +81.4% 107 $5K
Alken Asset Management Ltd — No change 30,000 $1K
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.