ARES MANAGEMENT CORPORATION

Ticker: ARES CUSIP: 03990B101 Class: CL A COM STK

HSBC HOLDINGS PLC's Holding History (CIK: 0000873630)

Note: Option positions (PUT/CALL) are excluded.

Q4 2025

Shares 395,965 Value ($000) $64,186 Avg Close $154.95 Range $138.30 - $180.02

Q3 2025

Shares 134,491 Value ($000) $21,171 Avg Close $178.28 Range $153.51 - $192.79

Q2 2025

Shares 102,742 Value ($000) $17,804 Avg Close $155.27 Range $108.50 - $173.43

Q1 2025

Shares 129,455 Value ($000) $18,813 Avg Close $168.35 Range $134.55 - $195.10

Q4 2024

Shares 100,485 Value ($000) $17,817 Avg Close $165.33 Range $147.85 - $179.17

Q3 2024

Shares 83,330 Value ($000) $12,976 Avg Close $139.75 Range $123.15 - $154.86

Q2 2024

Shares 78,722 Value ($000) $10,553 Avg Close $130.61 Range $119.64 - $143.42

Q1 2024

Shares 76,055 Value ($000) $10,111 Avg Close $121.35 Range $107.05 - $132.34

Q4 2023

Shares 40,019 Value ($000) $4,764 Avg Close $102.46 Range $90.47 - $114.79

Q3 2023

Shares 25,336 Value ($000) $2,614 Avg Close $94.74 Range $86.95 - $101.18

Q2 2023

Shares 17,868 Value ($000) $1,724 Avg Close $80.33 Range $72.34 - $91.06

Q1 2023

Shares 10,247 Value ($000) $855 Avg Close $73.16 Range $61.80 - $80.36

Q4 2022

Shares 57,442 Value ($000) $3,911 Avg Close $65.79 Range $53.36 - $78.37

Q2 2022

Shares 26,163 Value ($000) $1,495 Avg Close $61.93 Range $48.02 - $76.43

Q1 2022

Shares 27,264 Value ($000) $2,247 Avg Close $68.19 Range $58.16 - $74.64

Q4 2021

Shares 27,015 Value ($000) $2,196 Avg Close $71.78 Range $63.89 - $79.37

Q3 2021

Shares 27,160 Value ($000) $2,017 Avg Close $63.14 Range $53.28 - $71.08

Q2 2021

Shares 27,932 Value ($000) $1,769 Avg Close $48.65 Range $43.84 - $56.33

Q1 2021

Shares 24,074 Value ($000) $1,347 Avg Close $43.40 Range $38.27 - $49.81

Q4 2020

Shares 20,280 Value ($000) $961 Avg Close $38.71 Range $34.00 - $42.95

Q3 2020

Shares 22,734 Value ($000) $924 Avg Close $33.84 Range $32.04 - $35.87

Q2 2020

Shares 23,202 Value ($000) $921 Avg Close $29.64 Range $23.86 - $34.59

Q1 2020

Shares 10,329 Value ($000) $317 Avg Close $28.96 Range $16.91 - $34.62

Q4 2019

Shares 21,285 Value ($000) $755 Avg Close $25.48 Range $21.03 - $29.79

Q3 2019

Shares 20,927 Value ($000) $561 Avg Close $23.22 Range $21.31 - $25.41

Q2 2019

Shares 12,493 Value ($000) $327 Avg Close $20.37 Range $18.53 - $23.16

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2025	395,965	$64,186	$154.95	$138.30 - $180.02
Q3 2025	134,491	$21,171	$178.28	$153.51 - $192.79
Q2 2025	102,742	$17,804	$155.27	$108.50 - $173.43
Q1 2025	129,455	$18,813	$168.35	$134.55 - $195.10
Q4 2024	100,485	$17,817	$165.33	$147.85 - $179.17
Q3 2024	83,330	$12,976	$139.75	$123.15 - $154.86
Q2 2024	78,722	$10,553	$130.61	$119.64 - $143.42
Q1 2024	76,055	$10,111	$121.35	$107.05 - $132.34
Q4 2023	40,019	$4,764	$102.46	$90.47 - $114.79
Q3 2023	25,336	$2,614	$94.74	$86.95 - $101.18
Q2 2023	17,868	$1,724	$80.33	$72.34 - $91.06
Q1 2023	10,247	$855	$73.16	$61.80 - $80.36
Q4 2022	57,442	$3,911	$65.79	$53.36 - $78.37
Q2 2022	26,163	$1,495	$61.93	$48.02 - $76.43
Q1 2022	27,264	$2,247	$68.19	$58.16 - $74.64
Q4 2021	27,015	$2,196	$71.78	$63.89 - $79.37
Q3 2021	27,160	$2,017	$63.14	$53.28 - $71.08
Q2 2021	27,932	$1,769	$48.65	$43.84 - $56.33
Q1 2021	24,074	$1,347	$43.40	$38.27 - $49.81
Q4 2020	20,280	$961	$38.71	$34.00 - $42.95
Q3 2020	22,734	$924	$33.84	$32.04 - $35.87
Q2 2020	23,202	$921	$29.64	$23.86 - $34.59
Q1 2020	10,329	$317	$28.96	$16.91 - $34.62
Q4 2019	21,285	$755	$25.48	$21.03 - $29.79
Q3 2019	20,927	$561	$23.22	$21.31 - $25.41
Q2 2019	12,493	$327	$20.37	$18.53 - $23.16