ARES MANAGEMENT CORPORATION

CUSIP: 03990B309 Class: 6.75 SE B PFD

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

InstitutionSharesValue ($000)
Fosun International Ltd28,120,000$14,172
FRANKLIN RESOURCES INC5,156,929$259,909
Russell Investments Group, Ltd.3,506,200$3,534
Voya Investment Management LLC2,669,190$134,527
BlackRock, Inc.2,292,526$115,543
Calamos Advisors LLC1,640,609$82,687
VICTORY CAPITAL MANAGEMENT INC1,270,979$64,057
ADVENT CAPITAL MANAGEMENT /DE/920,473$46,539
Magnetar Financial LLC907,250$45,803
D. E. Shaw & Co., Inc.872,250$43,924
AMERIPRISE FINANCIAL INC736,520$37,054
MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd.680,021$34,273
ANGELO GORDON & CO., L.P.670,000$33,708
CREDIT INDUSTRIEL ET COMMERCIAL625,000$32,050
WELLINGTON MANAGEMENT GROUP LLP622,475$31,273
PRICE T ROWE ASSOCIATES INC /MD/606,930$31
Portman Square Capital LLP500,000$25,280
TWO SIGMA INVESTMENTS, LP473,690$23,874
MACKAY SHIELDS LLC473,045$23,909
FMR LLC431,770$21,722
STATE STREET CORP423,876$21,296
INFRASTRUCTURE CAPITAL ADVISORS, LLC349,671$17,623
Sculptor Capital LP329,854$16,625
PIER 88 INVESTMENT PARTNERS LLC328,870$16,575
WELLS FARGO & COMPANY/MN294,771$14,856
CITIGROUP INC278,101$14,016
BANK OF AMERICA CORP /DE/268,686$13,542
SSI INVESTMENT MANAGEMENT LLC267,375$13,452
LORD, ABBETT & CO. LLC243,801$12
Thrivent Financial for Lutherans228,075$11
Invesco Ltd.159,918$8,060
RATIONAL ADVISORS LLC158,000$7,963
HBK INVESTMENTS L P150,000$7,542
WOLVERINE ASSET MANAGEMENT LLC86,241$4,345
Laffer Tengler Investments, Inc.66,555$3,352
Penserra Capital Management LLC62,954$3
NEUBERGER BERMAN GROUP LLC60,940$3,071
FEDERATED HERMES, INC.60,000$3,024
NOMURA ASSET MANAGEMENT INTERNATIONAL INC.53,150$2,674
Alken Asset Management Ltd52,000$3
BlueCrest Capital Management Ltd50,965$2,569
BARCLAYS PLC34,674$1,748
Steward Partners Investment Advisory, LLC34,061$1,717
Uniplan Investment Counsel, Inc.30,295$1,527
PALISADE CAPITAL MANAGEMENT, LP29,079$1,464
CITADEL ADVISORS LLC22,919$1,155
AEGON USA Investment Management, LLC22,700$1,142
JPMORGAN CHASE & CO21,590$1,088
GOLDMAN SACHS GROUP INC15,920$802
Elequin Capital, LP11,432$574
MORGAN STANLEY10,901$549
JANE STREET GROUP, LLC10,503$529
NewEdge Advisors, LLC8,084$407
ODDO BHF ASSET MANAGEMENT SAS6,510$328
ENVESTNET ASSET MANAGEMENT INC5,988$302
Central Pacific Bank - Trust Division5,940$299
RAYMOND JAMES FINANCIAL INC5,367$270
SEI INVESTMENTS CO5,250$265
ANGELES WEALTH MANAGEMENT, LLC3,200$164
WHITTIER TRUST CO2,400$130
FIFTH THIRD BANCORP867$44
Virtus ETF Advisers LLC850$43
UBS Group AG620$31
NBC SECURITIES, INC.320$16
COMERICA BANK160$8
PROSPERITY BANCSHARES INC135$7
NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO59$3
CoreCap Advisors, LLC48$2
TD PRIVATE CLIENT WEALTH LLC19$1
MAI Capital Management15$1
Total (70 institutions)57,439,566$1,259,101