ARES CAPITAL CORP

Ticker: ARCC CUSIP: 04010L103 Class: COM

SCS Capital Management LLC's Holding History (CIK: 0001303159)

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

Q4 2025

Shares 453,686 Value ($000) $9,178 Avg Close $19.79 Range $18.36 - $20.64

Q3 2025

Shares 454,572 Value ($000) $9,278 Avg Close $21.33 Range $19.60 - $22.39

Q2 2025

Shares 535,527 Value ($000) $11,760 Avg Close $19.97 Range $17.08 - $21.13

Q1 2025

Shares 531,499 Value ($000) $11,778 Avg Close $20.85 Range $19.58 - $21.80

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2025	453,686	$9,178	$19.79	$18.36 - $20.64
Q3 2025	454,572	$9,278	$21.33	$19.60 - $22.39
Q2 2025	535,527	$11,760	$19.97	$17.08 - $21.13
Q1 2025	531,499	$11,778	$20.85	$19.58 - $21.80