ARES CAPITAL CORP

Ticker: ARCC CUSIP: 04010L103 Class: COM

LPL Financial LLC's Holding History (CIK: 0001403438)

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

Q4 2025

Shares 4,210,365 Value ($000) $85,176 Avg Close $19.79 Range $18.36 - $20.64

Q3 2025

Shares 4,065,931 Value ($000) $82,986 Avg Close $21.33 Range $19.60 - $22.39

Q2 2025

Shares 3,834,636 Value ($000) $84,209 Avg Close $19.97 Range $17.08 - $21.13

Q1 2025

Shares 3,567,816 Value ($000) $79,063 Avg Close $20.85 Range $19.58 - $21.80

Q4 2024

Shares 3,274,374 Value ($000) $71,676 Avg Close $19.38 Range $18.52 - $20.24

Q3 2024

Shares 3,602,842 Value ($000) $75,444 Avg Close $18.23 Range $16.88 - $18.78

Q2 2024

Shares 3,492,247 Value ($000) $72,778 Avg Close $17.90 Range $17.19 - $18.65

Q1 2024

Shares 3,219,222 Value ($000) $67,024 Avg Close $16.97 Range $16.50 - $17.82

Q4 2023

Shares 2,990,363 Value ($000) $59,897 Avg Close $15.96 Range $15.11 - $16.83

Q3 2023

Shares 2,916,623 Value ($000) $56,787 Avg Close $15.48 Range $14.81 - $16.12

Q2 2023

Shares 2,598,179 Value ($000) $48,820 Avg Close $14.38 Range $13.58 - $15.16

Q1 2023

Shares 2,484,894 Value ($000) $45,411 Avg Close $14.33 Range $12.98 - $15.20

Q4 2022

Shares 2,447,428 Value ($000) $45,204 Avg Close $13.85 Range $12.13 - $14.57

Q3 2022

Shares 2,316,969 Value ($000) $39,110 Avg Close $13.92 Range $12.26 - $14.87

Q2 2022

Shares 2,001,582 Value ($000) $35,888 Avg Close $13.84 Range $12.20 - $15.83

Q1 2022

Shares 1,694,015 Value ($000) $35,490 Avg Close $14.63 Range $13.59 - $15.72

Q4 2021

Shares 1,619,400 Value ($000) $34,315 Avg Close $13.96 Range $13.29 - $14.62

Q3 2021

Shares 1,526,555 Value ($000) $31,035 Avg Close $13.21 Range $12.76 - $13.85

Q2 2021

Shares 1,440,497 Value ($000) $28,219 Avg Close $12.51 Range $11.72 - $13.01

Q1 2021

Shares 1,338,675 Value ($000) $25,047 Avg Close $11.38 Range $10.33 - $12.22

Q4 2020

Shares 1,167,817 Value ($000) $19,724 Avg Close $9.58 Range $8.32 - $10.75

Q3 2020

Shares 1,146,432 Value ($000) $15,993 Avg Close $8.55 Range $8.07 - $9.08

Q2 2020

Shares 1,124,480 Value ($000) $16,249 Avg Close $7.90 Range $5.17 - $9.48

Q1 2020

Shares 1,042,541 Value ($000) $11,239 Avg Close $9.57 Range $4.60 - $10.93

Q4 2019

Shares 1,224,736 Value ($000) $22,841 Avg Close $10.31 Range $9.90 - $10.59

Q3 2019

Shares 1,097,888 Value ($000) $20,459 Avg Close $10.07 Range $9.69 - $10.53

Q2 2019

Shares 1,041,867 Value ($000) $18,691 Avg Close $9.39 Range $9.08 - $9.82

Q1 2019

Shares 990,489 Value ($000) $16,977 Avg Close $8.68 Range $7.88 - $9.11

Q4 2018

Shares 889,239 Value ($000) $13,854 Avg Close $8.36 Range $7.47 - $8.87

Q3 2018

Shares 917,933 Value ($000) $15,779 Avg Close $8.47 Range $8.03 - $8.77

Q2 2018

Shares 732,418 Value ($000) $12,048 Avg Close $7.94 Range $7.42 - $8.28

Q1 2018

Shares 798,193 Value ($000) $12,667 Avg Close $7.48 Range $7.06 - $7.79

Q4 2017

Shares 756,155 Value ($000) $11,887 Avg Close $7.48 Range $7.21 - $7.65

Q3 2017

Shares 719,010 Value ($000) $11,785 Avg Close $7.28 Range $7.04 - $7.54

Q2 2017

Shares 656,470 Value ($000) $10,752 Avg Close $7.41 Range $7.10 - $7.75

Q1 2017

Shares 719,429 Value ($000) $12,575 Avg Close $7.44 Range $6.98 - $7.70

Q4 2016

Shares 714,209 Value ($000) $11,728 Avg Close $6.62 Range $6.28 - $7.14

Q3 2016

Shares 636,898 Value ($000) $9,897 Avg Close $6.30 Range $5.66 - $6.71

Q2 2016

Shares 653,969 Value ($000) $9,169 Avg Close $5.94 Range $5.67 - $6.15

Q1 2016

Shares 1,212,534 Value ($000) $17,958 Avg Close $5.37 Range $4.77 - $5.91

Q4 2015

Shares 1,025,483 Value ($000) $14,962 Avg Close $5.76 Range $5.23 - $6.03

Q3 2015

Shares 503,267 Value ($000) $7,584 Avg Close $5.81 Range $4.05 - $6.14

Q2 2015

Shares 468,339 Value ($000) $7,746 Avg Close $6.04 Range $5.73 - $6.25

Q1 2015

Shares 372,084 Value ($000) $6,389 Avg Close $5.89 Range $5.44 - $6.24

Q4 2014

Shares 393,316 Value ($000) $6,138 Avg Close $5.49 Range $5.03 - $5.64

Q3 2014

Shares 383,622 Value ($000) $6,219 Avg Close $5.68 Range $5.43 - $6.00

Q2 2014

Shares 298,152 Value ($000) $5,325 Avg Close $5.65 Range $5.39 - $6.00

Q1 2014

Shares 219,970 Value ($000) $3,876 Avg Close $5.73 Range $5.59 - $5.95

Q4 2013

Shares 192,800 Value ($000) $3,426 Avg Close $5.52 Range $5.29 - $5.75

Q3 2013

Shares 183,303 Value ($000) $3,167 Avg Close $5.37 Range $5.17 - $5.58

Q2 2013

Shares 174,814 Value ($000) $3,007 Avg Close $5.23 Range $4.93 - $5.49

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2025	4,210,365	$85,176	$19.79	$18.36 - $20.64
Q3 2025	4,065,931	$82,986	$21.33	$19.60 - $22.39
Q2 2025	3,834,636	$84,209	$19.97	$17.08 - $21.13
Q1 2025	3,567,816	$79,063	$20.85	$19.58 - $21.80
Q4 2024	3,274,374	$71,676	$19.38	$18.52 - $20.24
Q3 2024	3,602,842	$75,444	$18.23	$16.88 - $18.78
Q2 2024	3,492,247	$72,778	$17.90	$17.19 - $18.65
Q1 2024	3,219,222	$67,024	$16.97	$16.50 - $17.82
Q4 2023	2,990,363	$59,897	$15.96	$15.11 - $16.83
Q3 2023	2,916,623	$56,787	$15.48	$14.81 - $16.12
Q2 2023	2,598,179	$48,820	$14.38	$13.58 - $15.16
Q1 2023	2,484,894	$45,411	$14.33	$12.98 - $15.20
Q4 2022	2,447,428	$45,204	$13.85	$12.13 - $14.57
Q3 2022	2,316,969	$39,110	$13.92	$12.26 - $14.87
Q2 2022	2,001,582	$35,888	$13.84	$12.20 - $15.83
Q1 2022	1,694,015	$35,490	$14.63	$13.59 - $15.72
Q4 2021	1,619,400	$34,315	$13.96	$13.29 - $14.62
Q3 2021	1,526,555	$31,035	$13.21	$12.76 - $13.85
Q2 2021	1,440,497	$28,219	$12.51	$11.72 - $13.01
Q1 2021	1,338,675	$25,047	$11.38	$10.33 - $12.22
Q4 2020	1,167,817	$19,724	$9.58	$8.32 - $10.75
Q3 2020	1,146,432	$15,993	$8.55	$8.07 - $9.08
Q2 2020	1,124,480	$16,249	$7.90	$5.17 - $9.48
Q1 2020	1,042,541	$11,239	$9.57	$4.60 - $10.93
Q4 2019	1,224,736	$22,841	$10.31	$9.90 - $10.59
Q3 2019	1,097,888	$20,459	$10.07	$9.69 - $10.53
Q2 2019	1,041,867	$18,691	$9.39	$9.08 - $9.82
Q1 2019	990,489	$16,977	$8.68	$7.88 - $9.11
Q4 2018	889,239	$13,854	$8.36	$7.47 - $8.87
Q3 2018	917,933	$15,779	$8.47	$8.03 - $8.77
Q2 2018	732,418	$12,048	$7.94	$7.42 - $8.28
Q1 2018	798,193	$12,667	$7.48	$7.06 - $7.79
Q4 2017	756,155	$11,887	$7.48	$7.21 - $7.65
Q3 2017	719,010	$11,785	$7.28	$7.04 - $7.54
Q2 2017	656,470	$10,752	$7.41	$7.10 - $7.75
Q1 2017	719,429	$12,575	$7.44	$6.98 - $7.70
Q4 2016	714,209	$11,728	$6.62	$6.28 - $7.14
Q3 2016	636,898	$9,897	$6.30	$5.66 - $6.71
Q2 2016	653,969	$9,169	$5.94	$5.67 - $6.15
Q1 2016	1,212,534	$17,958	$5.37	$4.77 - $5.91
Q4 2015	1,025,483	$14,962	$5.76	$5.23 - $6.03
Q3 2015	503,267	$7,584	$5.81	$4.05 - $6.14
Q2 2015	468,339	$7,746	$6.04	$5.73 - $6.25
Q1 2015	372,084	$6,389	$5.89	$5.44 - $6.24
Q4 2014	393,316	$6,138	$5.49	$5.03 - $5.64
Q3 2014	383,622	$6,219	$5.68	$5.43 - $6.00
Q2 2014	298,152	$5,325	$5.65	$5.39 - $6.00
Q1 2014	219,970	$3,876	$5.73	$5.59 - $5.95
Q4 2013	192,800	$3,426	$5.52	$5.29 - $5.75
Q3 2013	183,303	$3,167	$5.37	$5.17 - $5.58
Q2 2013	174,814	$3,007	$5.23	$4.93 - $5.49