ARES MANAGEMENT LLC Diversified Active

Location: Los Angeles, CA

CIK: 0001259313 · Show all filings

Period: Q1 2023 (← Previous) (Next →)

Filing Date: Feb 16, 2024

Total Value: $1.809B (100.0% shares, 0.0% debt)

Holdings (38)

— Frontier Communications Parent Inc 46.7%

Value $845M Shares 37,094,654 Share Price $22.77 Est. Cost/Share $26.22 Unrealized @ Report Date —

— AZEK Co Inc/The 18.6%

Value $337M Shares 14,326,090 Share Price $23.54 Est. Cost/Share $31.86 Unrealized @ Report Date —

CRC California Resources Corporation 5.7%

Value $104M Shares 2,699,385 Share Price $38.50 Est. Cost/Share $16.48 Unrealized @ Report Date +130.9%

CCO Clear Channel Outdoor Hldgs 3.7%

Value $66.99M Shares 55,829,046 Share Price $1.20 * Est. Cost/Share $2.07 Unrealized @ Report Date -29.0%

GBTG Global Business Travel Group 3.2%

Value $57.52M Shares 8,675,568 Share Price $6.63 * Est. Cost/Share $6.31 Unrealized @ Report Date +8.6%

ARCC Ares Cap Corp 2.2%

Value $39.18M Shares 2,143,786 Share Price $18.27 * Est. Cost/Share $11.79 Unrealized @ Report Date +21.6%

BBDC Barings BDC Inc 1.9%

Value $34.78M Shares 4,380,411 Share Price $7.94 * Est. Cost/Share $5.78 Unrealized @ Report Date +3.1%

PNNT PennantPark Investment Corp 1.4%

Value $24.86M Shares 4,708,166 Share Price $5.28 * Est. Cost/Share $3.20 Unrealized @ Report Date +15.7%

— SilverBow Resources, Inc. 1.4%

Value $24.84M Shares 1,086,974 Share Price $22.85 Est. Cost/Share $28.36 Unrealized @ Report Date —

GBDC Golub Capital BDC Inc 1.4%

Value $24.51M Shares 1,807,649 Share Price $13.56 * Est. Cost/Share $9.01 Unrealized @ Report Date +7.8%

OPAL OPAL Fuels Inc 1.2%

Value $21.32M Shares 3,059,533 Share Price $6.97 * Est. Cost/Share $9.70 Unrealized @ Report Date -24.6%

OBDC Owl Rock Capital Corp 1.2%

Value $21.04M Shares 1,668,693 Share Price $12.61 * Est. Cost/Share $8.15 Unrealized @ Report Date +12.3%

SLRC SLR Investment Corp 1.2%

Value $20.85M Shares 1,386,455 Share Price $15.04 * Est. Cost/Share $10.94 Unrealized @ Report Date +1.8%

OCSL Oaktree Specialty Lending Corp 1.1%

Value $20.23M Shares 1,077,848 Share Price $18.77 * Est. Cost/Share $19.92 Unrealized @ Report Date 0.0%

VNET VNET Group Inc. 1.0%

Value $18.16M Shares 5,604,821 Share Price $3.24 Est. Cost/Share $3.24 Unrealized @ Report Date —

ARKO ARKO Corp 1.0%

Value $17.91M Shares 2,110,000 Share Price $8.49 * Est. Cost/Share $9.16 Unrealized @ Report Date -14.3%

BXSL Blackstone Secured Lending Fund 0.9%

Value $15.7M Shares 629,801 Share Price $24.93 * Est. Cost/Share $16.92 Unrealized @ Report Date +6.0%

— BlackRock Capital Investment 0.8%

Value $14.71M Shares 4,264,290 Share Price $3.45 Est. Cost/Share $3.91 Unrealized @ Report Date —

— Multiplan Corp 0.7%

Value $13.4M Shares 12,642,418 Share Price $1.06 Est. Cost/Share $2.47 Unrealized @ Report Date —

— Affirm Holdings Inc. 0.7%

Value $12.53M Shares 19,500,000 Share Price $0.64 Est. Cost/Share $0.55 Unrealized @ Report Date —

OPTU Altice USA Inc 0.7%

Value $12.13M Shares 3,547,478 Share Price $3.42 * Est. Cost/Share $9.43 Unrealized @ Report Date -54.9%

FSK FS KKR Capital Corp 0.6%

Value $10.5M Shares 567,773 Share Price $18.50 * Est. Cost/Share $11.43 Unrealized @ Report Date +6.4%

— Rent the Runway, Inc. 0.5%

Value $9.655M Shares 3,387,678 Share Price $2.85 Est. Cost/Share $8.15 Unrealized @ Report Date —

TSLX Sixth Street Specialty Lending Inc 0.4%

Value $7.153M Shares 390,898 Share Price $18.30 Est. Cost/Share $20.73 Unrealized @ Report Date -10.5%

CCAP Crescent Capital BDC Inc 0.4%

Value $6.406M Shares 470,319 Share Price $13.62 * Est. Cost/Share $11.51 Unrealized @ Report Date -10.9%

— Summit Midstream Partners LP 0.3%

Value $5.321M Shares 346,628 Share Price $15.35 Est. Cost/Share $13.06 Unrealized @ Report Date —

GSBD Goldman Sachs BDC Inc 0.3%

Value $5.212M Shares 381,840 Share Price $13.65 * Est. Cost/Share $15.01 Unrealized @ Report Date -0.5%

RWAY Runway Growth Finance Corp 0.2%

Value $4.395M Shares 362,312 Share Price $12.13 * Est. Cost/Share $7.59 Unrealized @ Report Date +7.5%

BHC Bausch Health Companies Inc. 0.1%

Value $2.638M Shares 325,714 Share Price $8.10 Est. Cost/Share $6.95 Unrealized @ Report Date +15.6%

BCSF Bain Capital Specialty Finance Inc 0.1%

Value $2.147M Shares 180,142 Share Price $11.92 * Est. Cost/Share $9.23 Unrealized @ Report Date -3.5%

AR Antero Resources Corp 0.1%

Value $1.918M Shares 83,056 Share Price $23.09 * Est. Cost/Share $15.35 Unrealized @ Report Date +71.7%

— ARKO Corp 0.1%

Value $1.641M Shares 1,100,000 Share Price $1.49 Est. Cost/Share $1.36 Unrealized @ Report Date —

TCPC BlackRock TCP Capital Corp 0.1%

Value $1.239M Shares 120,305 Share Price $10.30 * Est. Cost/Share $13.97 Unrealized @ Report Date -13.4%

AMLP Alerian MLP ETF 0.1%

Value $1.237M Shares 32,000 Share Price $38.65 Est. Cost/Share $38.31 Unrealized @ Report Date —

EXE Chesapeake Energy Corp 0.1%

Value $1.141M Shares 15,000 Share Price $76.04 * Est. Cost/Share $81.13 Unrealized @ Report Date -8.2%

NMFC New Mountain Finance Corp 0.1%

Value $1.133M Shares 93,088 Share Price $12.17 * Est. Cost/Share $7.55 Unrealized @ Report Date +17.0%

— Sunlight Financial Holdings Inc 0.1%

Value $916K Shares 2,932,978 Share Price $0.31 Est. Cost/Share $4.21 Unrealized @ Report Date —

TPC Tutor Perini Corporation 0.0%

Value $317K Shares 51,350 Share Price $6.17 * Est. Cost/Share $14.66 Unrealized @ Report Date -45.1%

Ticker	Issuer	Shares	Value	%	Share Price	Est. Cost/Share	Unrealized @ Report Date	Class	CUSIP
—	Frontier Communications Parent Inc	37,094,654	$845M	46.7%	$22.77	$26.22	—	COM	35909D109
—	AZEK Co Inc/The	14,326,090	$337M	18.6%	$23.54	$31.86	—	CL A	05478C105
CRC	California Resources Corporation	2,699,385	$104M	5.7%	$38.50	$16.48	+130.9%	COMMON STOCK	13057Q305
CCO	Clear Channel Outdoor Hldgs	55,829,046	$66.99M	3.7%	$1.20 *	$2.07	-29.0%	COM	18453H106
GBTG	Global Business Travel Group	8,675,568	$57.52M	3.2%	$6.63 *	$6.31	+8.6%	COM CL A	37890B100
ARCC	Ares Cap Corp	2,143,786	$39.18M	2.2%	$18.27 *	$11.79	+21.6%	COM	04010L103
BBDC	Barings BDC Inc	4,380,411	$34.78M	1.9%	$7.94 *	$5.78	+3.1%	COM	06759L103
PNNT	PennantPark Investment Corp	4,708,166	$24.86M	1.4%	$5.28 *	$3.20	+15.7%	COM	708062104
—	SilverBow Resources, Inc.	1,086,974	$24.84M	1.4%	$22.85	$28.36	—	COM	82836G102
GBDC	Golub Capital BDC Inc	1,807,649	$24.51M	1.4%	$13.56 *	$9.01	+7.8%	COM	38173M102
OPAL	OPAL Fuels Inc	3,059,533	$21.32M	1.2%	$6.97 *	$9.70	-24.6%	CLASS A COM	68347P103
OBDC	Owl Rock Capital Corp	1,668,693	$21.04M	1.2%	$12.61 *	$8.15	+12.3%	COM	69121K104
SLRC	SLR Investment Corp	1,386,455	$20.85M	1.2%	$15.04 *	$10.94	+1.8%	COM	83413U100
OCSL	Oaktree Specialty Lending Corp	1,077,848	$20.23M	1.1%	$18.77 *	$19.92	0.0%	COM	67401P405
VNET	VNET Group Inc.	5,604,821	$18.16M	1.0%	$3.24	$3.24	—	SPONSORED ADS A	90138A103
ARKO	ARKO Corp	2,110,000	$17.91M	1.0%	$8.49 *	$9.16	-14.3%	COM	041242108
BXSL	Blackstone Secured Lending Fund	629,801	$15.7M	0.9%	$24.93 *	$16.92	+6.0%	COMMON STOCK	09261X102
—	BlackRock Capital Investment	4,264,290	$14.71M	0.8%	$3.45	$3.91	—	COM	092533108
—	Multiplan Corp	12,642,418	$13.4M	0.7%	$1.06	$2.47	—	COM	62548M100
—	Affirm Holdings Inc.	19,500,000	$12.53M	0.7%	$0.64	$0.55	—	NOTE	00827BAB2
OPTU	Altice USA Inc	3,547,478	$12.13M	0.7%	$3.42 *	$9.43	-54.9%	CL A	02156K103
FSK	FS KKR Capital Corp	567,773	$10.5M	0.6%	$18.50 *	$11.43	+6.4%	COM	302635206
—	Rent the Runway, Inc.	3,387,678	$9.655M	0.5%	$2.85	$8.15	—	COM CL A	76010Y103
TSLX	Sixth Street Specialty Lending Inc	390,898	$7.153M	0.4%	$18.30	$20.73	-10.5%	COM	83012A109
CCAP	Crescent Capital BDC Inc	470,319	$6.406M	0.4%	$13.62 *	$11.51	-10.9%	COM	225655109
—	Summit Midstream Partners LP	346,628	$5.321M	0.3%	$15.35	$13.06	—	COM UNIT LTD	866142409
GSBD	Goldman Sachs BDC Inc	381,840	$5.212M	0.3%	$13.65 *	$15.01	-0.5%	SHS	38147U107
RWAY	Runway Growth Finance Corp	362,312	$4.395M	0.2%	$12.13 *	$7.59	+7.5%	COM	78163D100
BHC	Bausch Health Companies Inc.	325,714	$2.638M	0.1%	$8.10	$6.95	+15.6%	COM	071734107
BCSF	Bain Capital Specialty Finance Inc	180,142	$2.147M	0.1%	$11.92 *	$9.23	-3.5%	COM STK	05684B107
AR	Antero Resources Corp	83,056	$1.918M	0.1%	$23.09 *	$15.35	+71.7%	COM	03674X106
—	ARKO Corp	1,100,000	$1.641M	0.1%	$1.49	$1.36	—	*W EXP 12/22/202	041242116
TCPC	BlackRock TCP Capital Corp	120,305	$1.239M	0.1%	$10.30 *	$13.97	-13.4%	COM	09259E108
AMLP	Alerian MLP ETF	32,000	$1.237M	0.1%	$38.65	$38.31	—	ALERIAN MLP	00162Q452
EXE	Chesapeake Energy Corp	15,000	$1.141M	0.1%	$76.04 *	$81.13	-8.2%	COM	165167735
NMFC	New Mountain Finance Corp	93,088	$1.133M	0.1%	$12.17 *	$7.55	+17.0%	COM	647551100
—	Sunlight Financial Holdings Inc	2,932,978	$916K	0.1%	$0.31	$4.21	—	COM	86738J106
TPC	Tutor Perini Corporation	51,350	$317K	0.0%	$6.17 *	$14.66	-45.1%	COM	901109108