ARES MANAGEMENT CORPORATION

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

VICTORY CAPITAL MANAGEMENT INC's Holding History (CIK: 0001040188)

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

Q4 2025

Shares 64,281 Value ($000) $10,390 Avg Close $154.95 Range $138.30 - $180.02

Q3 2025

Shares 82,270 Value ($000) $13,154 Avg Close $178.28 Range $153.51 - $192.79

Q2 2025

Shares 85,523 Value ($000) $14,813 Avg Close $155.27 Range $108.50 - $173.43

Q1 2025

Shares 61,535 Value ($000) $9,022 Avg Close $168.35 Range $134.55 - $195.10

Q4 2024

Shares 65,524 Value ($000) $11,600 Avg Close $165.33 Range $147.85 - $179.17

Q3 2024

Shares 65,417 Value ($000) $10,195 Avg Close $139.75 Range $123.15 - $154.86

Q2 2024

Shares 61,417 Value ($000) $8,186 Avg Close $130.61 Range $119.64 - $143.42

Q1 2024

Shares 56,788 Value ($000) $7,552 Avg Close $121.35 Range $107.05 - $132.34

Q4 2023

Shares 61,643 Value ($000) $7,331 Avg Close $102.46 Range $90.47 - $114.79

Q3 2023

Shares 114,343 Value ($000) $11,762 Avg Close $94.74 Range $86.95 - $101.18

Q2 2023

Shares 221,327 Value ($000) $21,325 Avg Close $80.33 Range $72.34 - $91.06

Q1 2023

Shares 375,271 Value ($000) $31,313 Avg Close $73.16 Range $61.80 - $80.36

Q4 2022

Shares 368,595 Value ($000) $25,227 Avg Close $65.79 Range $53.36 - $78.37

Q3 2022

Shares 295,306 Value ($000) $18,294 Avg Close $63.25 Range $50.98 - $71.82

Q2 2022

Shares 146,410 Value ($000) $8,325 Avg Close $61.93 Range $48.02 - $76.43

Q1 2022

Shares 145,425 Value ($000) $9,630 Avg Close $68.19 Range $58.16 - $74.64

Q4 2021

Shares 154,710 Value ($000) $12,573 Avg Close $71.78 Range $63.89 - $79.37

Q3 2021

Shares 173,562 Value ($000) $12,814 Avg Close $63.14 Range $53.28 - $71.08

Q2 2021

Shares 469,646 Value ($000) $29,865 Avg Close $48.65 Range $43.84 - $56.33

Q1 2021

Shares 437,523 Value ($000) $24,514 Avg Close $43.40 Range $38.27 - $49.81

Q4 2020

Shares 321,630 Value ($000) $15,133 Avg Close $38.71 Range $34.00 - $42.95

Q3 2020

Shares 298,304 Value ($000) $12,057 Avg Close $33.84 Range $32.04 - $35.87

Q2 2020

Shares 290,690 Value ($000) $11,540 Avg Close $29.64 Range $23.86 - $34.59

Q1 2020

Shares 26,292 Value ($000) $813 Avg Close $28.96 Range $16.91 - $34.62

Q4 2019

Shares 28,063 Value ($000) $1,002 Avg Close $25.48 Range $21.03 - $29.79

Q3 2019

Shares 21,048 Value ($000) $564 Avg Close $23.22 Range $21.31 - $25.41

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2025	64,281	$10,390	$154.95	$138.30 - $180.02
Q3 2025	82,270	$13,154	$178.28	$153.51 - $192.79
Q2 2025	85,523	$14,813	$155.27	$108.50 - $173.43
Q1 2025	61,535	$9,022	$168.35	$134.55 - $195.10
Q4 2024	65,524	$11,600	$165.33	$147.85 - $179.17
Q3 2024	65,417	$10,195	$139.75	$123.15 - $154.86
Q2 2024	61,417	$8,186	$130.61	$119.64 - $143.42
Q1 2024	56,788	$7,552	$121.35	$107.05 - $132.34
Q4 2023	61,643	$7,331	$102.46	$90.47 - $114.79
Q3 2023	114,343	$11,762	$94.74	$86.95 - $101.18
Q2 2023	221,327	$21,325	$80.33	$72.34 - $91.06
Q1 2023	375,271	$31,313	$73.16	$61.80 - $80.36
Q4 2022	368,595	$25,227	$65.79	$53.36 - $78.37
Q3 2022	295,306	$18,294	$63.25	$50.98 - $71.82
Q2 2022	146,410	$8,325	$61.93	$48.02 - $76.43
Q1 2022	145,425	$9,630	$68.19	$58.16 - $74.64
Q4 2021	154,710	$12,573	$71.78	$63.89 - $79.37
Q3 2021	173,562	$12,814	$63.14	$53.28 - $71.08
Q2 2021	469,646	$29,865	$48.65	$43.84 - $56.33
Q1 2021	437,523	$24,514	$43.40	$38.27 - $49.81
Q4 2020	321,630	$15,133	$38.71	$34.00 - $42.95
Q3 2020	298,304	$12,057	$33.84	$32.04 - $35.87
Q2 2020	290,690	$11,540	$29.64	$23.86 - $34.59
Q1 2020	26,292	$813	$28.96	$16.91 - $34.62
Q4 2019	28,063	$1,002	$25.48	$21.03 - $29.79
Q3 2019	21,048	$564	$23.22	$21.31 - $25.41