ARES MANAGEMENT CORPORATION

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

Hilton Capital Management, LLC's Holding History (CIK: 0001541211)

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

Q4 2025

Shares 33,855 Value ($000) $5,472 Avg Close $154.95 Range $138.30 - $180.02

Q3 2025

Shares 45,758 Value ($000) $7,316 Avg Close $178.28 Range $153.51 - $192.79

Q2 2025

Shares 49,539 Value ($000) $8,580 Avg Close $155.27 Range $108.50 - $173.43

Q1 2025

Shares 49,510 Value ($000) $7,259 Avg Close $168.35 Range $134.55 - $195.10

Q4 2024

Shares 76,541 Value ($000) $13,550 Avg Close $165.33 Range $147.85 - $179.17

Q3 2024

Shares 88,686 Value ($000) $13,821 Avg Close $139.75 Range $123.15 - $154.86

Q2 2024

Shares 87,926 Value ($000) $11,719 Avg Close $130.61 Range $119.64 - $143.42

Q1 2024

Shares 84,739 Value ($000) $11,269 Avg Close $121.35 Range $107.05 - $132.34

Q4 2023

Shares 80,138 Value ($000) $9,530 Avg Close $102.46 Range $90.47 - $114.79

Q3 2023

Shares 77,306 Value ($000) $7,952 Avg Close $94.74 Range $86.95 - $101.18

Q2 2023

Shares 81,150 Value ($000) $7,819 Avg Close $80.33 Range $72.34 - $91.06

Q1 2023

Shares 82,458 Value ($000) $5,643 Avg Close $73.16 Range $61.80 - $80.36

Q4 2022

Shares 85,300 Value ($000) $5 Avg Close $65.79 Range $53.36 - $78.37

Q3 2022

Shares 85,300 Value ($000) $5,284 Avg Close $63.25 Range $50.98 - $71.82

Q2 2022

Shares 86,875 Value ($000) $4,940 Avg Close $61.93 Range $48.02 - $76.43

Q1 2022

Shares 89,035 Value ($000) $7,232 Avg Close $68.19 Range $58.16 - $74.64

Q4 2021

Shares 180,832 Value ($000) $14,696 Avg Close $71.78 Range $63.89 - $79.37

Q3 2021

Shares 173,032 Value ($000) $12,775 Avg Close $63.14 Range $53.28 - $71.08

Q2 2021

Shares 164,756 Value ($000) $10,477 Avg Close $48.65 Range $43.84 - $56.33

Q4 2019

Shares 731,111 Value ($000) $26,093 Avg Close $25.48 Range $21.03 - $29.79

Q3 2019

Shares 857,666 Value ($000) $22,994 Avg Close $23.22 Range $21.31 - $25.41

Q2 2019

Shares 936,565 Value ($000) $24,510 Avg Close $20.37 Range $18.53 - $23.16

Q1 2019

Shares 923,611 Value ($000) $21,437 Avg Close $17.30 Range $13.35 - $19.34

Q4 2018

Shares 668,515 Value ($000) $11,886 Avg Close $16.38 Range $12.78 - $18.30

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2025	33,855	$5,472	$154.95	$138.30 - $180.02
Q3 2025	45,758	$7,316	$178.28	$153.51 - $192.79
Q2 2025	49,539	$8,580	$155.27	$108.50 - $173.43
Q1 2025	49,510	$7,259	$168.35	$134.55 - $195.10
Q4 2024	76,541	$13,550	$165.33	$147.85 - $179.17
Q3 2024	88,686	$13,821	$139.75	$123.15 - $154.86
Q2 2024	87,926	$11,719	$130.61	$119.64 - $143.42
Q1 2024	84,739	$11,269	$121.35	$107.05 - $132.34
Q4 2023	80,138	$9,530	$102.46	$90.47 - $114.79
Q3 2023	77,306	$7,952	$94.74	$86.95 - $101.18
Q2 2023	81,150	$7,819	$80.33	$72.34 - $91.06
Q1 2023	82,458	$5,643	$73.16	$61.80 - $80.36
Q4 2022	85,300	$5	$65.79	$53.36 - $78.37
Q3 2022	85,300	$5,284	$63.25	$50.98 - $71.82
Q2 2022	86,875	$4,940	$61.93	$48.02 - $76.43
Q1 2022	89,035	$7,232	$68.19	$58.16 - $74.64
Q4 2021	180,832	$14,696	$71.78	$63.89 - $79.37
Q3 2021	173,032	$12,775	$63.14	$53.28 - $71.08
Q2 2021	164,756	$10,477	$48.65	$43.84 - $56.33
Q4 2019	731,111	$26,093	$25.48	$21.03 - $29.79
Q3 2019	857,666	$22,994	$23.22	$21.31 - $25.41
Q2 2019	936,565	$24,510	$20.37	$18.53 - $23.16
Q1 2019	923,611	$21,437	$17.30	$13.35 - $19.34
Q4 2018	668,515	$11,886	$16.38	$12.78 - $18.30