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

13F holders, Q1 2026 (March 31)
57holders −8
8new positions
14sold out
1famous investor
$14.24avg. 13F price*

At the end of Q1 2026, 57 institutions reported holding Ares Management Corp. (ares 6.75 10/01/27 B) in their 13F filings, down 8 from Q4 2025. 8 opened new positions and 14 sold out. The largest holders were Franklin Resources Inc. ($350.7M), FMR LLC ($86.8M) and BlackRock, Inc. ($75.0M). 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 2025 → Q1 2026

InstitutionsTotal Value
New Positions8$20.5M
Exits14$188.9M

All 13F filers, Q4 2025 → Q1 2026: 15,554,633 shares bought and 6,935,770 shares sold, net +8,618,863 shares. Counts holders who added, trimmed, opened or closed a position; split-adjusted.

Ownership 57 holders

Franklin Resources Inc. — Add +88.0% 9,694,539 $350.7M
FMR LLC — Add +443.9% 2,348,329 $86.8M
BlackRock, Inc. — Reduce -9.5% 2,074,009 $75.0M
Victory Capital Management Inc. — Add +12.4% 1,428,294 $51.7M
Calamos Advisors LLC — Reduce -17.2% 1,357,766 $49.1M
Advent Capital Management — Add +1.4% 933,089 $34.7M
MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. — Add +12.2% 763,242 $27.6M
D. E. Shaw & Co. — Reduce -26.3% 643,150 $23.5M
MacKay Shields LLC — Add +1.5% 480,034 $17.8M
Infrastructure Capital Advisors, LLC — Add +33.0% 465,201 $16.8M
TPG GP A, LLC — New 419,500 $15.5M
Wellington Management Group LLP — Reduce -38.2% 384,585 $14.0M
Magnetar Financial LLC — Reduce -57.9% 382,250 $14.0M
State Street Corp. — Reduce -14.7% 361,626 $13.2M
Fosun International Ltd — Add +27.0% 35,720,000 $12.9M
Bank of America Corp. — Add +18.2% 317,510 $11.5M
Portman Square Capital LLP — Reduce -37.6% 312,000 $11.4M
JPMorgan Chase & Co. — Add +1256.5% 292,861 $10.6M
Ssi Investment Management LLC — Reduce -2.7% 260,190 $9.6M
Ameriprise Financial Inc. — Reduce -66.5% 246,444 $9.1M
Pier 88 Investment Partners LLC — Reduce -28.6% 234,800 $8.5M
Wells Fargo & Company — Reduce -41.4% 172,641 $6.2M
Citigroup Inc. — Reduce -41.6% 162,409 $5.9M
Goldman Sachs Group Inc. — Add +762.3% 137,272 $5.0M
Invesco Ltd. — Reduce -16.7% 133,187 $4.8M
Susquehanna Advisors Group, Inc. — New 100,000 $3.6M
Rational Advisors, Inc. — Reduce -54.9% 71,300 $2.6M
Laffer Tengler Investments, Inc. — Add +4.6% 69,610 $2.5M
Nomura Asset Management International Inc. — Add +25.9% 66,900 $2.5M
Russell Investments Group, Ltd. — Reduce -6.9% 3,263,550 $2.4M
Penserra Capital Management LLC — Reduce -6.1% 59,105 $2.1M
Steward Partners Investment Advisory, LLC — Add +36.1% 46,342 $1.7M
Elequin Capital, LP — Add +275.7% 42,954 $1.6M
Wolverine Asset Management LLC — Reduce -57.5% 36,647 $1.3M
Morgan Stanley — Add +204.1% 33,154 $1.2M
BlueCrest Capital Management Ltd — Reduce -36.7% 32,261 $1.2M
Jane Street Group, LLC — Add +185.9% 30,025 $1.1M
Palisade Capital Management, LP — No change 29,079 $1.1M
AEGON USA Investment Management, LLC — No change 22,700 $824K
LuminArx Capital Management LP — New 20,000 $726K
BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp — New 14,300 $517K
Credit Industriel Et Commercial — Reduce -24.0% 475,000 $475K
Sei Investments Co. — Add +81.9% 9,550 $346K
NewEdge Advisors, LLC — Reduce -4.8% 7,700 $279K
Central Pacific Bank - Trust Division — No change 5,940 $215K
Raymond James Financial Inc. — Add +3.7% 5,567 $201K
Oddo BHF Asset Management Sas — Reduce -46.1% 3,510 $127K
Osaic Holdings, Inc. — New 2,330 $84K
Whittier Trust Co. — No change 2,400 $84K
UBS Group AG — Add +200.7% 1,864 $67K
Ascentis Independent Advisors — New 1,335 $48K
Barclays PLC — Reduce -98.2% 614 $22K
Blair William & Co. — New 500 $18K
Farther Finance Advisors, LLC — New 254 $9K
Prosperity Bancshares Inc — No change 135 $5K
Alken Asset Management Ltd — Add +32.7% 69,000 $2K
Northwestern Mutual Wealth Management Co. — No change 59 $2K

"% 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.