ARES MANAGEMENT CORPORATION

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

TWINBEECH CAPITAL LP's Holding History (CIK: 0001769646)

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

Q3 2025

Shares 67,576 Value ($000) $10,805 Avg Close $178.28 Range $153.51 - $192.79

Q2 2025

Shares 28,641 Value ($000) $4,961 Avg Close $155.27 Range $108.50 - $173.43

Q1 2025

Shares 61,935 Value ($000) $9,080 Avg Close $168.35 Range $134.55 - $195.10

Q2 2024

Shares 98,154 Value ($000) $13,082 Avg Close $130.61 Range $119.64 - $143.42

Q1 2024

Shares 204,717 Value ($000) $27,223 Avg Close $121.35 Range $107.05 - $132.34

Q4 2023

Shares 36,836 Value ($000) $4,381 Avg Close $102.46 Range $90.47 - $114.79

Q4 2022

Shares 228,427 Value ($000) $15,634 Avg Close $65.79 Range $53.36 - $78.37

Q3 2022

Shares 154,949 Value ($000) $9,599 Avg Close $63.25 Range $50.98 - $71.82

Q2 2022

Shares 67,660 Value ($000) $3,847 Avg Close $61.93 Range $48.02 - $76.43

Q3 2021

Shares 32,106 Value ($000) $2,370 Avg Close $63.14 Range $53.28 - $71.08

Q4 2020

Shares 17,566 Value ($000) $826 Avg Close $38.71 Range $34.00 - $42.95

Period	Shares	Value ($000)	Average Close	Price Range
Q3 2025	67,576	$10,805	$178.28	$153.51 - $192.79
Q2 2025	28,641	$4,961	$155.27	$108.50 - $173.43
Q1 2025	61,935	$9,080	$168.35	$134.55 - $195.10
Q2 2024	98,154	$13,082	$130.61	$119.64 - $143.42
Q1 2024	204,717	$27,223	$121.35	$107.05 - $132.34
Q4 2023	36,836	$4,381	$102.46	$90.47 - $114.79
Q4 2022	228,427	$15,634	$65.79	$53.36 - $78.37
Q3 2022	154,949	$9,599	$63.25	$50.98 - $71.82
Q2 2022	67,660	$3,847	$61.93	$48.02 - $76.43
Q3 2021	32,106	$2,370	$63.14	$53.28 - $71.08
Q4 2020	17,566	$826	$38.71	$34.00 - $42.95