ARES MANAGEMENT LLC Diversified Active

Location: Los Angeles, CA

CIK: 0001259313 · Show all filings

Period: Q3 2025 (← Previous) (Next →)

Filing Date: Nov 14, 2025

Total Value: $2.203B (100.0% shares, 0.0% debt)

Holdings (35)

SVV Savers Value Village Inc 70.6%

Value $1.556B Shares 117,449,188 Share Price $13.25 * Est. Cost/Share $23.30 Unrealized @ Report Date -50.7%

GBTG Global Business Travel Group 5.1%

Value $112M Shares 13,886,023 Share Price $8.08 * Est. Cost/Share $6.32 Unrealized @ Report Date +17.2%

CTEV Multiplan Corp 4.5%

Value $98.89M Shares 1,863,105 Share Price $53.08 * Est. Cost/Share $15.76 Unrealized @ Report Date +250.2%

CCO Clear Channel Outdoor Hldgs 3.0%

Value $65.09M Shares 41,197,491 Share Price $1.58 * Est. Cost/Share $2.07 Unrealized @ Report Date -39.9%

ARCC Ares Capital Corp 1.9%

Value $41.93M Shares 2,054,376 Share Price $20.41 * Est. Cost/Share $13.67 Unrealized @ Report Date +56.0%

GBDC Golub Capital BDC Inc 1.6%

Value $35.2M Shares 2,571,210 Share Price $13.69 * Est. Cost/Share $10.50 Unrealized @ Report Date +33.5%

BBDC Barings BDC Inc 1.5%

Value $33.26M Shares 3,797,112 Share Price $8.76 * Est. Cost/Share $5.90 Unrealized @ Report Date +51.4%

TSLX Sixth Street Specialty Lending Inc 1.4%

Value $31.88M Shares 1,394,779 Share Price $22.86 * Est. Cost/Share $20.49 Unrealized @ Report Date +17.4%

OBDC Blue Owl Capital Corp. 1.4%

Value $31.77M Shares 2,487,964 Share Price $12.77 * Est. Cost/Share $9.78 Unrealized @ Report Date +37.3%

OCSL Oaktree Specialty Lending Corp 1.2%

Value $25.39M Shares 1,945,305 Share Price $13.05 * Est. Cost/Share $19.59 Unrealized @ Report Date -29.7%

XHB SPDR Series Trust 1.0%

Value $22.16M Shares 200,000 Share Price $110.80 Est. Cost/Share — Unrealized @ Report Date —

BXSL Blackstone Secured Lending Fund 1.0%

Value $21.41M Shares 821,100 Share Price $26.07 * Est. Cost/Share $20.18 Unrealized @ Report Date +40.5%

FSK FS KKR Cap Corp 0.9%

Value $19.12M Shares 1,280,482 Share Price $14.93 * Est. Cost/Share $13.46 Unrealized @ Report Date +29.5%

TEM Tempus AI Inc. 0.6%

Value $13.27M Shares 164,383 Share Price $80.71 * Est. Cost/Share $40.72 Unrealized @ Report Date +72.0%

ARKO ARKO Corp 0.4%

Value $9.643M Shares 2,110,000 Share Price $4.57 * Est. Cost/Share $9.16 Unrealized @ Report Date -49.0%

OPTU Altice USA Inc 0.4%

Value $8.549M Shares 3,547,478 Share Price $2.41 Est. Cost/Share $9.43 Unrealized @ Report Date -74.0%

TRIN Trinity Cap Inc 0.4%

Value $8.448M Shares 545,723 Share Price $15.48 * Est. Cost/Share $11.31 Unrealized @ Report Date +25.4%

GSBD Goldman Sachs BDC Inc 0.4%

Value $8.12M Shares 798,421 Share Price $10.17 * Est. Cost/Share $11.88 Unrealized @ Report Date -4.3%

OTF Blue Owl Technology Fin Corp 0.3%

Value $7.45M Shares 539,064 Share Price $13.82 * Est. Cost/Share $14.19 Unrealized @ Report Date 0.0%

CCAP Crescent Capital BDC Inc 0.3%

Value $7.364M Shares 516,409 Share Price $14.26 Est. Cost/Share $11.84 Unrealized @ Report Date +19.2%

OPAL OPAL Fuels Inc 0.3%

Value $6.731M Shares 3,059,533 Share Price $2.20 * Est. Cost/Share $9.70 Unrealized @ Report Date -75.7%

MFIC Midcap Financial Invstmnt Co 0.3%

Value $6.541M Shares 545,532 Share Price $11.99 Est. Cost/Share $11.76 Unrealized @ Report Date +2.7%

BRCB Black Rock Coffee Bar Inc 0.3%

Value $5.981M Shares 250,676 Share Price $23.86 * Est. Cost/Share $26.13 Unrealized @ Report Date 0.0%

NMFC New Mtn Fin Corp 0.3%

Value $5.749M Shares 596,371 Share Price $9.64 Est. Cost/Share $10.14 Unrealized @ Report Date -3.8%

MSIF MSC Income Fund Inc 0.2%

Value $5.362M Shares 408,393 Share Price $13.13 * Est. Cost/Share $16.88 Unrealized @ Report Date -11.9%

RWAY Runway Growth Finance Corp 0.2%

Value $4.429M Shares 435,885 Share Price $10.16 Est. Cost/Share $8.81 Unrealized @ Report Date +15.7%

HTGC Hercules Capital Inc 0.2%

Value $3.812M Shares 201,606 Share Price $18.91 Est. Cost/Share $17.50 Unrealized @ Report Date +9.5%

SLRC SLR Investment Corp 0.1%

Value $2.118M Shares 138,502 Share Price $15.29 Est. Cost/Share $11.00 Unrealized @ Report Date +41.2%

NCDL Nuveen Churchill Direct Lending 0.1%

Value $1.727M Shares 125,156 Share Price $13.80 * Est. Cost/Share $13.98 Unrealized @ Report Date +7.3%

YJ Yunji Inc 0.0%

Value $1.063M Shares 215,800,000 Share Price $0.00 Est. Cost/Share $0.01 Unrealized @ Report Date —

BCSF Bain Capital Specialty Finance Inc 0.0%

Value $977K Shares 68,595 Share Price $14.25 Est. Cost/Share $9.23 Unrealized @ Report Date +52.1%

RENT Rent the Runway, Inc. 0.0%

Value $835K Shares 169,383 Share Price $4.93 * Est. Cost/Share $18.16 Unrealized @ Report Date -71.8%

UNIT Uniti Group LLC 0.0%

Value $28,600 Shares 14,518 Share Price $1.97 * Est. Cost/Share $7.16 Unrealized @ Report Date 0.0%

— ARKO Corp 0.0%

Value $10,230 Shares 1,100,000 Share Price $0.01 Est. Cost/Share $1.36 Unrealized @ Report Date —

XHG Xchange Tec. Inc 0.0%

Value $217 Shares 419,729 Share Price $0.00 Est. Cost/Share $0.00 Unrealized @ Report Date —

Ticker	Issuer	Shares	Value	%	Share Price	Est. Cost/Share	Unrealized @ Report Date	Class	CUSIP
SVV	Savers Value Village Inc	117,449,188	$1.556B	70.6%	$13.25 *	$23.30	-50.7%	COM	80517M109
GBTG	Global Business Travel Group	13,886,023	$112M	5.1%	$8.08 *	$6.32	+17.2%	COM CL A	37890B100
CTEV	Multiplan Corp	1,863,105	$98.89M	4.5%	$53.08 *	$15.76	+250.2%	CL A NEW	62548M209
CCO	Clear Channel Outdoor Hldgs	41,197,491	$65.09M	3.0%	$1.58 *	$2.07	-39.9%	COM	18453H106
ARCC	Ares Capital Corp	2,054,376	$41.93M	1.9%	$20.41 *	$13.67	+56.0%	COM	04010L103
GBDC	Golub Capital BDC Inc	2,571,210	$35.2M	1.6%	$13.69 *	$10.50	+33.5%	COM	38173M102
BBDC	Barings BDC Inc	3,797,112	$33.26M	1.5%	$8.76 *	$5.90	+51.4%	COM	06759L103
TSLX	Sixth Street Specialty Lending Inc	1,394,779	$31.88M	1.4%	$22.86 *	$20.49	+17.4%	COM	83012A109
OBDC	Blue Owl Capital Corp.	2,487,964	$31.77M	1.4%	$12.77 *	$9.78	+37.3%	COM	69121K104
OCSL	Oaktree Specialty Lending Corp	1,945,305	$25.39M	1.2%	$13.05 *	$19.59	-29.7%	COM	67401P405
XHB	SPDR Series Trust	200,000	$22.16M	1.0%	$110.80	—	—	Put	78464A888
BXSL	Blackstone Secured Lending Fund	821,100	$21.41M	1.0%	$26.07 *	$20.18	+40.5%	COMMON STOCK	09261X102
FSK	FS KKR Cap Corp	1,280,482	$19.12M	0.9%	$14.93 *	$13.46	+29.5%	COM	302635206
TEM	Tempus AI Inc.	164,383	$13.27M	0.6%	$80.71 *	$40.72	+72.0%	CL A	88023B103
ARKO	ARKO Corp	2,110,000	$9.643M	0.4%	$4.57 *	$9.16	-49.0%	COM	041242108
OPTU	Altice USA Inc	3,547,478	$8.549M	0.4%	$2.41	$9.43	-74.0%	CL A	02156K103
TRIN	Trinity Cap Inc	545,723	$8.448M	0.4%	$15.48 *	$11.31	+25.4%	COM	896442308
GSBD	Goldman Sachs BDC Inc	798,421	$8.12M	0.4%	$10.17 *	$11.88	-4.3%	SHS	38147U107
OTF	Blue Owl Technology Fin Corp	539,064	$7.45M	0.3%	$13.82 *	$14.19	0.0%	COMMON STOCK	095924106
CCAP	Crescent Capital BDC Inc	516,409	$7.364M	0.3%	$14.26	$11.84	+19.2%	COM	225655109
OPAL	OPAL Fuels Inc	3,059,533	$6.731M	0.3%	$2.20 *	$9.70	-75.7%	CLASS A COM	68347P103
MFIC	Midcap Financial Invstmnt Co	545,532	$6.541M	0.3%	$11.99	$11.76	+2.7%	COM NEW	03761U502
BRCB	Black Rock Coffee Bar Inc	250,676	$5.981M	0.3%	$23.86 *	$26.13	0.0%	CL A	092244102
NMFC	New Mtn Fin Corp	596,371	$5.749M	0.3%	$9.64	$10.14	-3.8%	COM	647551100
MSIF	MSC Income Fund Inc	408,393	$5.362M	0.2%	$13.13 *	$16.88	-11.9%	COM	55374X208
RWAY	Runway Growth Finance Corp	435,885	$4.429M	0.2%	$10.16	$8.81	+15.7%	COM	78163D100
HTGC	Hercules Capital Inc	201,606	$3.812M	0.2%	$18.91	$17.50	+9.5%	COM	427096508
SLRC	SLR Investment Corp	138,502	$2.118M	0.1%	$15.29	$11.00	+41.2%	COM	83413U100
NCDL	Nuveen Churchill Direct Lending	125,156	$1.727M	0.1%	$13.80 *	$13.98	+7.3%	COM SHS	67090S108
YJ	Yunji Inc	215,800,000	$1.063M	0.0%	$0.00	$0.01	—	SPONSORED ADS A	98873N305
BCSF	Bain Capital Specialty Finance Inc	68,595	$977K	0.0%	$14.25	$9.23	+52.1%	COM STK	05684B107
RENT	Rent the Runway, Inc.	169,383	$835K	0.0%	$4.93 *	$18.16	-71.8%	CL A NEW	76010Y202
UNIT	Uniti Group LLC	14,518	$28,600	0.0%	$1.97 *	$7.16	0.0%	COM SHS	912932100
—	ARKO Corp	1,100,000	$10,230	0.0%	$0.01	$1.36	—	*W EXP 12/22/202	041242116
XHG	Xchange Tec. Inc	419,729	$217	0.0%	$0.00	$0.00	—	SPONS ADS CL A	74738J508