ARES MANAGEMENT CORPORATION

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

Advisory Alpha, LLC's Holding History (CIK: 0001576762)

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

Q4 2019

Shares 10,050 Value ($000) $365,016 Avg Close $25.48 Range $21.03 - $29.79

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2019	10,050	$365,016	$25.48	$21.03 - $29.79