ARES MANAGEMENT CORPORATION

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

XPONANCE, INC.'s Holding History (CIK: 0001637541)

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

Q4 2025

Shares 50,278 Value ($000) $8,126 Avg Close $154.95 Range $138.30 - $180.02

Q3 2025

Shares 42,184 Value ($000) $6,745 Avg Close $178.28 Range $153.51 - $192.79

Q2 2025

Shares 39,789 Value ($000) $6,891 Avg Close $155.27 Range $108.50 - $173.43

Q1 2025

Shares 37,353 Value ($000) $5,476 Avg Close $168.35 Range $134.55 - $195.10

Q4 2024

Shares 36,773 Value ($000) $6,510 Avg Close $165.33 Range $147.85 - $179.17

Q3 2024

Shares 32,495 Value ($000) $5,064 Avg Close $139.75 Range $123.15 - $154.86

Q2 2024

Shares 32,341 Value ($000) $4,310 Avg Close $130.61 Range $119.64 - $143.42

Q1 2024

Shares 30,333 Value ($000) $4,034 Avg Close $121.35 Range $107.05 - $132.34

Q4 2023

Shares 22,298 Value ($000) $2,652 Avg Close $102.46 Range $90.47 - $114.79

Q3 2023

Shares 22,844 Value ($000) $2,350 Avg Close $94.74 Range $86.95 - $101.18

Q2 2023

Shares 22,648 Value ($000) $2,182 Avg Close $80.33 Range $72.34 - $91.06

Q1 2023

Shares 21,052 Value ($000) $1,757 Avg Close $73.16 Range $61.80 - $80.36

Q4 2022

Shares 20,896 Value ($000) $1,430 Avg Close $65.79 Range $53.36 - $78.37

Q3 2022

Shares 17,945 Value ($000) $1,112 Avg Close $63.25 Range $50.98 - $71.82

Q2 2022

Shares 17,617 Value ($000) $1,002 Avg Close $61.93 Range $48.02 - $76.43

Q1 2022

Shares 14,408 Value ($000) $1,170 Avg Close $68.19 Range $58.16 - $74.64

Q4 2021

Shares 14,091 Value ($000) $1,145 Avg Close $71.78 Range $63.89 - $79.37

Q3 2021

Shares 13,738 Value ($000) $1,014 Avg Close $63.14 Range $53.28 - $71.08

Q2 2021

Shares 14,283 Value ($000) $908 Avg Close $48.65 Range $43.84 - $56.33

Q1 2021

Shares 10,407 Value ($000) $583 Avg Close $43.40 Range $38.27 - $49.81

Q4 2020

Shares 10,357 Value ($000) $487 Avg Close $38.71 Range $34.00 - $42.95

Q3 2020

Shares 10,029 Value ($000) $405 Avg Close $33.84 Range $32.04 - $35.87

Q2 2020

Shares 10,167 Value ($000) $404 Avg Close $29.64 Range $23.86 - $34.59

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2025	50,278	$8,126	$154.95	$138.30 - $180.02
Q3 2025	42,184	$6,745	$178.28	$153.51 - $192.79
Q2 2025	39,789	$6,891	$155.27	$108.50 - $173.43
Q1 2025	37,353	$5,476	$168.35	$134.55 - $195.10
Q4 2024	36,773	$6,510	$165.33	$147.85 - $179.17
Q3 2024	32,495	$5,064	$139.75	$123.15 - $154.86
Q2 2024	32,341	$4,310	$130.61	$119.64 - $143.42
Q1 2024	30,333	$4,034	$121.35	$107.05 - $132.34
Q4 2023	22,298	$2,652	$102.46	$90.47 - $114.79
Q3 2023	22,844	$2,350	$94.74	$86.95 - $101.18
Q2 2023	22,648	$2,182	$80.33	$72.34 - $91.06
Q1 2023	21,052	$1,757	$73.16	$61.80 - $80.36
Q4 2022	20,896	$1,430	$65.79	$53.36 - $78.37
Q3 2022	17,945	$1,112	$63.25	$50.98 - $71.82
Q2 2022	17,617	$1,002	$61.93	$48.02 - $76.43
Q1 2022	14,408	$1,170	$68.19	$58.16 - $74.64
Q4 2021	14,091	$1,145	$71.78	$63.89 - $79.37
Q3 2021	13,738	$1,014	$63.14	$53.28 - $71.08
Q2 2021	14,283	$908	$48.65	$43.84 - $56.33
Q1 2021	10,407	$583	$43.40	$38.27 - $49.81
Q4 2020	10,357	$487	$38.71	$34.00 - $42.95
Q3 2020	10,029	$405	$33.84	$32.04 - $35.87
Q2 2020	10,167	$404	$29.64	$23.86 - $34.59