ARES MANAGEMENT LLC

Private Equity

ARES MANAGEMENT LLC is a Private Equity based in Los Angeles, CA led by Michael J (Mi Only) Arougheti, reporting $359.15B in AUM as of Q3 2025 with 72% Consumer Cyclical concentration, 93% concentrated in top 10 holdings, and 71% allocation to SVV.

CEOMichael J (Mi Only) Arougheti

Portfolio Value: $2.2B
Positions: 33
Top Holding: SVV at 71.37%
Last Reported: Q3 2025

Address1800 Avenue Of The Stars, Suite 1400, Los Angeles, CA, 90067, United States

Top Holdings

Largest long holdings in ARES MANAGEMENT LLC's portfolio (93.2% of total portfolio)

See all holdings

GthenH

Holding	Sector	Position	Weight	Traded	Ownership	Owned Since
1 Savers Value Village SVV	Specialty Retail Consumer Cyclical	$1.6B	71.37%	—	75.50% 117.4M shares	Q2 2023 Held for 2y 5m
2 Global Business Travel Group GBTG	Software - Application Technology	$112.2M	5.15%	—	2.62% 13.9M shares	Q2 2022 Held for 3y 5m
3 Claritev Corporation CTEV	Unknown Unknown	$98.9M	4.54%	—	11.31% 1.9M shares	Q1 2025 Held for 8 months
4 Clear Channel Outdoor Holdings, Inc. CCO	Advertising Agencies Communication Services	$65.1M	2.99%	-$23.1M Sold	8.29% 41.2M shares	Q2 2019 Held for 6y 5m
5 Ares Capital ARCC	Asset Management Financial Services	$41.9M	1.92%	+$3.9M Bought	0.29% 2.1M shares	Q2 2016 Held for 9y 5m
6 Golub Capital GBDC	Asset Management Financial Services	$35.2M	1.61%	—	0.97% 2.6M shares	Q1 2020 Held for 5y 8m
7 Barings BDC BBDC	Financial - Credit Services Financial Services	$33.3M	1.53%	—	3.61% 3.8M shares	Q2 2016 Held for 9y 5m
8 Sixth Street Specialty Lending TSLX	Asset Management Financial Services	$31.9M	1.46%	-$180.8K Sold	1.48% 1.4M shares	Q3 2020 Held for 5y 2m
9 Blue Owl Capital OBDC	Financial - Credit Services Financial Services	$31.8M	1.46%	—	0.49% 2.5M shares	Q4 2022 Held for 2y 11m
10 Oaktree Specialty Lending OCSL	Financial - Credit Services Financial Services	$25.4M	1.16%	—	2.21% 1.9M shares	Q1 2020 Held for 5y 8m

See all holdings

GthenH

Changes

Portfolio activity, position movements, and quarter-over-quarter changes in ARES MANAGEMENT LLC's latest filing

See all changes

GthenC

Market Value

$2.2B

Prior: $2.0B

Q/Q Change

+11.49%

+$224.8M

Net Flows % of MV

-8.67%

Turnover Ratio

4.73%

New Purchases

3 stocks

$13.5M

Added To

2 stocks

+$3.9M

Sold Out Of

3 stocks

$153.2M

Reduced Holdings

5 stocks

-$53.3M

Increased Positions

Position	Shares Δ	Change
1 Blue Owl Technology Finance Corp. OTF	New	0 → 539.1K +$7.4M
2 BRCB Black Rock Coffee Bar, Inc. Class A Common Stock BRCB	New	0 → 250.7K +$6.0M
3 Uniti Group Inc. UNIT	New	0 → 14.5K +$28.6K
4 Ares Capital ARCC	+10.34%	1.9M → 2.1M +$3.9M
5 YJ Yunji Inc. YJ	+0.13%	215.5M → 215.8M +$1.4K

Decreased Positions

Position	Shares Δ	Change
1 Frontier Communications Parent, Inc. FYBR	Sold	3.1M → 0 −$114.0M
2 California Resources CRC	Sold	708.7K → 0 −$32.4M
3 FLYYQ SPIRIT AVIATION HOLDINGS FLYYQ	Sold	1.4M → 0 −$6.9M
4 XHG XChange Technology, Inc. XHG	-100.0%	34.08B → 419.7K −$17.6M
5 SLR Investment Corp. SLRC	-85.33%	944.1K → 138.5K −$12.3M