Ares Management Corp. (ares 6.75 10/01/27 B)Preferred / convertible
13F holders, Q4 2025 (December 31)At the end of Q4 2025, 65 institutions reported holding Ares Management Corp. (ares 6.75 10/01/27 B) in their 13F filings, down 1 from Q3 2025. 9 opened new positions and 11 sold out. The largest holders were Franklin Resources Inc. ($259.9M), Voya Investment Management LLC ($134.5M) and BlackRock, Inc. ($115.5M). 2 famous investors held it, including David E. Shaw ( of D. E. Shaw & Co.'s portfolio) and Ken Griffin ( of Citadel Advisors'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
Total Exit/New Position Q3 2025 → Q4 2025
| Institutions | Total Value | |
|---|---|---|
| New Positions | 9 | $24.1M |
| Exits | 11 | $46.4M |
All 13F filers, Q3 2025 → Q4 2025: 32,258,523 shares bought and 4,156,861 shares sold, net +28,101,662 shares. Counts holders who added, trimmed, opened or closed a position; split-adjusted.
Ownership 65 holders
| Franklin Resources Inc. | — | Add +40.2% | 5,156,929 | $259.9M |
| Voya Investment Management LLC | — | Reduce -34.4% | 2,669,190 | $134.5M |
| BlackRock, Inc. | — | Reduce -4.5% | 2,292,526 | $115.5M |
| Calamos Advisors LLC | — | Reduce -0.2% | 1,640,609 | $82.7M |
| Victory Capital Management Inc. | — | Add +7.3% | 1,270,979 | $64.1M |
| Advent Capital Management | — | Add +9.9% | 920,473 | $46.5M |
| Magnetar Financial LLC | — | Add +19.8% | 907,250 | $45.8M |
| D. E. Shaw & Co. | — | Add +16.7% | 872,250 | $43.9M |
| Ameriprise Financial Inc. | — | Reduce -10.9% | 736,520 | $37.1M |
| MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. | — | Reduce -6.8% | 680,021 | $34.3M |
| Angelo Gordon & Co., L.P. | — | Add +204.6% | 670,000 | $33.7M |
| Credit Industriel Et Commercial | — | No change | 625,000 | $32.0M |
| Wellington Management Group LLP | — | Add +161.2% | 622,475 | $31.3M |
| Portman Square Capital LLP | — | Reduce -52.4% | 500,000 | $25.3M |
| MacKay Shields LLC | — | Reduce -1.6% | 473,045 | $23.9M |
| Two Sigma Investments, LP | — | Reduce -55.7% | 473,690 | $23.9M |
| FMR LLC | — | Reduce -4.4% | 431,770 | $21.7M |
| State Street Corp. | — | Add +3.1% | 423,876 | $21.3M |
| Infrastructure Capital Advisors, LLC | — | Add +61.8% | 349,671 | $17.6M |
| Sculptor Capital LP | — | Add +14.4% | 329,854 | $16.6M |
| Pier 88 Investment Partners LLC | — | Add +54.4% | 328,870 | $16.6M |
| Wells Fargo & Company | — | Reduce -9.3% | 294,771 | $14.9M |
| Fosun International Ltd | — | New | 28,120,000 | $14.2M |
| Citigroup Inc. | — | Add +5.1% | 278,101 | $14.0M |
| Bank of America Corp. | — | Reduce -8.5% | 268,686 | $13.5M |
| Ssi Investment Management LLC | — | Reduce -25.8% | 267,375 | $13.5M |
| Invesco Ltd. | — | Add +1.1% | 159,918 | $8.1M |
| Rational Advisors, Inc. | — | Add +275.3% | 158,000 | $8.0M |
| HBK Investments L P | — | New | 150,000 | $7.5M |
| Wolverine Asset Management LLC | — | Reduce -37.4% | 86,241 | $4.3M |
| Russell Investments Group, Ltd. | — | Add +24.8% | 3,506,200 | $3.5M |
| Laffer Tengler Investments, Inc. | — | Add +2.4% | 66,555 | $3.4M |
| Penserra Capital Management LLC | — | Add +3.7% | 62,954 | $3.2M |
| Neuberger Berman Group LLC | — | Reduce -12.2% | 60,940 | $3.1M |
| Nomura Asset Management International Inc. | — | — | 53,150 | $2.7M |
| BlueCrest Capital Management Ltd | — | Add +34.0% | 50,965 | $2.6M |
| Barclays PLC | — | Reduce -67.9% | 34,674 | $1.7M |
| Steward Partners Investment Advisory, LLC | — | Add +19.3% | 34,061 | $1.7M |
| Uniplan Investment Counsel, Inc. | — | Reduce -5.8% | 30,295 | $1.5M |
| Palisade Capital Management, LP | — | Reduce -3.1% | 29,079 | $1.5M |
| Citadel Advisors | — | New | 22,919 | $1.2M |
| AEGON USA Investment Management, LLC | — | No change | 22,700 | $1.1M |
| JPMorgan Chase & Co. | — | Reduce -73.4% | 21,590 | $1.1M |
| Goldman Sachs Group Inc. | — | Reduce -61.8% | 15,920 | $802K |
| Elequin Capital, LP | — | New | 11,432 | $574K |
| Morgan Stanley | — | Reduce -68.8% | 10,901 | $549K |
| Jane Street Group, LLC | — | Add +72.8% | 10,503 | $529K |
| NewEdge Advisors, LLC | — | New | 8,084 | $407K |
| Oddo BHF Asset Management Sas | — | Add +8.5% | 6,510 | $328K |
| Envestnet Asset Management Inc. | — | Add +0.2% | 5,988 | $302K |
| Central Pacific Bank - Trust Division | — | Reduce -45.8% | 5,940 | $299K |
| Raymond James Financial Inc. | — | Add +5.9% | 5,367 | $270K |
| Sei Investments Co. | — | No change | 5,250 | $265K |
| Angeles Wealth Management, LLC | — | New | 3,200 | $164K |
| Whittier Trust Co. | — | New | 2,400 | $130K |
| Fifth Third Bancorp | — | Reduce -10.2% | 867 | $44K |
| UBS Group AG | — | Add +60.6% | 620 | $31K |
| Lanark Financial, Inc. | — | No change | 320 | $16K |
| Comerica Bank | — | Add +37.9% | 160 | $8K |
| Prosperity Bancshares Inc | — | — | 135 | $7K |
| Northwestern Mutual Wealth Management Co. | — | Reduce -44.9% | 59 | $3K |
| Alken Asset Management Ltd | — | Add +73.3% | 52,000 | $3K |
| CoreCap Advisors, LLC | — | New | 48 | $2K |
| TD Private Client Wealth LLC | — | Reduce -13.6% | 19 | $958 |
| MAI Capital Management | — | New | 15 | $756 |
"% 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.