ARES MANAGEMENT CORPORATION

CUSIP: 03990b101 Class: COM

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

InstitutionSharesValue ($000)
Ancora Advisors LLC133,428$21,566
ZEVENBERGEN CAPITAL INVESTMENTS LLC112,431$18,172
SVB WEALTH LLC12,585$2,034
Total (3 institutions)258,444$41,772