Ares Management Corporation

ARES • NYSE

Ares Management Corporation is a asset management company in the financial services sector on NYSE, led by Michael J. Arougheti, with a market cap of $38.3B. As of Q3 2025, 87% of shares are held by 750 institutional investors, with VANGUARD GROUP INC as the largest holder at 9.88%.

Chief Executive Officer and PresidentMichael J. Arougheti

Market Cap$38.3B

Asset Management

Financial Services

Employees2.9K

Websitearesmgmt.com

Country

United States of America

Overview

Overview of institutional ownership in ARES as of Q3 2025 with a market cap of $35.1B

All Institutions

Institutions: 750
Value Held: $30.5B
Shares Held: 191.2M
Avg Position: $40.7M
Median Position: $990.6K

Hedge Funds

Hedge Funds: 58
Value Held: $717.2M
Shares Held: 4.5M
Avg Position: $12.4M
Median Position: $2.1M

Ownership Breakdown

Institutional (non-HF)

84.95%

$29.8B

Hedge Funds

2.04%

$717.2M

Retail & Other

13.01%

$4.6B

Based on market cap of $35.1B as of Q3 2025. Institutional (non-HF) excludes hedge funds to avoid double counting.

Biggest Investors

Institutions with the largest positions in ARES as of Q3 2025

Institution	Key People	Position Value	Ownership	Owned Since	Total AUM (Long)
VANGUARD GROUP INC Institution	Salim Ramji CEO	$3.5B 0.05% of portfolio	9.88% 21.7M shares	Q4 2018 Held for 6y 11m	$6.69T
S SUMITOMO MITSUI FINANCIAL GROUP, INC. Institution	-	$2.1B 37.48% of portfolio	6.09% 13.4M shares	Q1 2020 Held for 5y 8m	$5.7B
B BlackRock, Inc. Institution	-	$2.1B 0.04% of portfolio	5.90% 13.0M shares	Q4 2018 Held for 6y 11m	$5.67T
C Capital World Investors Institution	-	$1.9B 0.25% of portfolio	5.28% 11.6M shares	Q2 2017 Held for 8y 5m	$730.00B
WELLINGTON MANAGEMENT CO LLP Long Only Manager	Jean Marie Hynes CEO	$1.5B 0.26% of portfolio	4.28% 9.4M shares	Q2 2019 Held for 6y 5m	$571.21B
FMR LLC Institution	-	$1.3B 0.07% of portfolio	3.61% 7.9M shares	Q2 2014 Held for 11y 5m	$1.92T
JPMORGAN CHASE & CO Institution	Jamie Dimon CEO	$1.2B 0.08% of portfolio	3.55% 7.8M shares	Q4 2016 Held for 8y 11m	$1.56T
PRICE T ROWE ASSOCIATES INC /MD/ Long Only Manager	Robert W Sharps President	$1.2B 0.13% of portfolio	3.45% 7.6M shares	Q1 2020 Held for 5y 8m	$912.31B
FRANKLIN RESOURCES INC Institution	Gregory E. Johnson CEO	$847.4M 0.21% of portfolio	2.42% 5.3M shares	Q2 2019 Held for 6y 5m	$395.36B
BANK OF AMERICA CORP /DE/ Institution	Brian T. Moynihan CEO	$730.3M 0.05% of portfolio	2.08% 4.6M shares	Q2 2014 Held for 11y 5m	$1.33T

Net Capital Flow

Institutional buying and selling activity for ARES in Q3 2025

Traded: +$419.2M
Buyers: 402
Sellers: 312
Total Bought: +$2.0B
Total Sold: −$1.6B
Avg Position: $36.9M

Biggest Buyers

Institution	Net Bought	Current Position
PRICE T ROWE ASSOCIATES INC /MD/ Long Only Manager	+$210.6M +1.3M shares	$1.2B 7.6M shares
MILLENNIUM MANAGEMENT LLC Hedge Fund•Multi-Strategy	+$179.7M +1.1M shares	$220.5M 1.4M shares
Marshall Wace LLP Institution	+$121.1M +757.3K shares	$145.9M 912.7K shares
VANGUARD GROUP INC Institution	+$118.3M +740.1K shares	$3.5B 21.7M shares
BALYASNY ASSET MANAGEMENT LLC Hedge Fund•Multi-Strategy	+$91.8M +573.9K shares	$99.6M 622.8K shares
Winslow Capital Management, LLC Long Only Manager	+$83.5M +522.5K shares	$232.9M 1.5M shares
S SEI INVESTMENTS CO Institution	+$73.4M +459.0K shares	$112.3M 702.4K shares
C CANADA PENSION PLAN INVESTMENT BOARD Institution	+$60.2M +376.5K shares	$317.0M 2.0M shares
BANK OF AMERICA CORP /DE/ Institution	+$54.5M +340.9K shares	$730.3M 4.6M shares
CITADEL ADVISORS LLC Hedge Fund•Multi-Strategy	+$52.7M +329.4K shares	$52.7M 329.4K shares

Biggest Sellers

Institution	Net Sold	Current Position
WELLINGTON MANAGEMENT CO LLP Long Only Manager	−$519.8M −3.3M shares	$1.5B 9.4M shares
Invesco Ltd. ETF Provider	−$97.6M −610.7K shares	$149.3M 933.5K shares
B BROWN ADVISORY INC RIA/Wealth	−$92.4M −577.6K shares	$459.0M 2.9M shares
UBS GLOBAL ASSET MANAGEMENT AMERICAS INC Long Only Manager	−$65.9M −412.1K shares	$155.4M 971.9K shares
JPMORGAN CHASE & CO Institution	−$62.6M −391.6K shares	$1.2B 7.8M shares
FRANKLIN RESOURCES INC Institution	−$50.8M −317.8K shares	$847.4M 5.3M shares
A AMERICAN CENTURY COMPANIES INC Institution	−$47.3M −296.1K shares	$319.1M 2.0M shares
B BlackRock, Inc. Institution	−$38.3M −239.7K shares	$2.1B 13.0M shares
L Laurel Wealth Advisors LLC RIA/Wealth	−$34.0M −196.2K shares	Sold Off 0 shares
C Capital World Investors Institution	−$26.6M −166.6K shares	$1.9B 11.6M shares

Entry and Exit Activity

Institutions that initiated new positions or completely exited ARES in Q3 2025

New Positions: 40
New Value: $15.3M
Exited Positions: 76
Exited Value: $174.4M

New Positions

Institution	Position Value
G Granite Bay Wealth Management, LLC RIA/Wealth	$4.0M 25.2K shares
G Generali Asset Management SPA SGR Institution	$2.3M 14.1K shares
S Swedbank AB Institution	$1.7M 10.9K shares
P Point72 Asia Pte. Ltd. Institution	$1.7M 10.7K shares
F FOX RUN MANAGEMENT, L.L.C. Hedge Fund•Quant	$1.3M 8.3K shares
F Fiduciary Alliance LLC Institution	$529.1K 3.3K shares
Summit Financial, LLC RIA/Wealth	$392.7K 2.5K shares
Foundations Investment Advisors, LLC RIA/Wealth	$372.2K 2.3K shares
ARMISTICE CAPITAL, LLC Hedge Fund•Long/Short	$326.8K 2.0K shares
FourThought Financial Partners, LLC RIA/Wealth	$305.7K 1.9K shares

Exited Positions

Institution	Previous Position
L Laurel Wealth Advisors LLC RIA/Wealth	$34.0M 196.2K shares
Cat Rock Capital Management LP Hedge Fund•Long/Short	$22.3M 128.5K shares
Oribel Capital Management, LP Hedge Fund•Long/Short	$19.8M 114.1K shares
Gradient Investments LLC RIA/Wealth	$14.3M 82.4K shares
A ALTA FOX CAPITAL MANAGEMENT, LLC Hedge Fund•Long/Short	$13.7M 79.3K shares
Point72 Europe LLP Digital Asset Manager	$9.0M 51.8K shares
ARROWSTREET CAPITAL LIMITED PARTNERSHIP Hedge Fund•Quant	$7.8M 44.8K shares
Siligmueller & Norvid Wealth Advisors LLC RIA/Wealth	$6.7M 37.4K shares
Kessler Investment Group, LLC RIA/Wealth	$6.6M 37.9K shares
E Eisler Capital Management Ltd. Institution	$5.6M 32.4K shares

Options Activity

Institutions with the largest Call and Put options positions in ARES as of Q3 2025

Call Positions: 16
Call Value: $184.8M
Put Positions: 25
Put Value: $238.5M

Call Positions

Institution	Position Value
Oribel Capital Management, LP Hedge Fund•Long/Short	$60.3M 3.8K contracts
SUSQUEHANNA INTERNATIONAL GROUP, LLP Private Equity	$45.8M 2.9K contracts
MILLENNIUM MANAGEMENT LLC Hedge Fund•Multi-Strategy	$19.6M 1.2K contracts
J JANE STREET GROUP, LLC Institution	$15.3M 955.0 contracts
CITADEL ADVISORS LLC Hedge Fund•Multi-Strategy	$14.7M 918.0 contracts
BOOTHBAY FUND MANAGEMENT, LLC Fund of Funds	$11.3M 709.0 contracts
T Twin Tree Management, LP Hedge Fund•Vol Arbitrage	$5.4M 339.0 contracts
W WOLVERINE TRADING, LLC Institution	$3.3M 199.0 contracts
Verition Fund Management LLC Hedge Fund•Multi-Strategy	$3.2M 200.0 contracts
Walleye Trading LLC RIA/Wealth	$2.2M 138.0 contracts

Put Positions

Institution	Position Value
P Portman Square Capital LLP Hedge Fund•Vol Arbitrage	$53.6M 3.4K contracts
CITIGROUP INC Institution	$46.2M 2.9K contracts
SUSQUEHANNA INTERNATIONAL GROUP, LLP Private Equity	$35.9M 2.2K contracts
T Twin Tree Management, LP Hedge Fund•Vol Arbitrage	$31.9M 2.0K contracts
J JANE STREET GROUP, LLC Institution	$30.0M 1.9K contracts
W WOLVERINE TRADING, LLC Institution	$12.7M 779.0 contracts
CITADEL ADVISORS LLC Hedge Fund•Multi-Strategy	$8.0M 499.0 contracts
P PEAK6 LLC Institution	$7.2M 453.0 contracts
$DEUTSCHE BANK AG\ logo$ DEUTSCHE BANK AG\ Institution	$6.3M 394.0 contracts
Walleye Trading LLC RIA/Wealth	$2.7M 166.0 contracts

Most Committed Institutions

Institutions with ARES as the highest % of their portfolio as of Q3 2025

Institution	Key People	Portfolio Weight	Ownership	Owned Since	Total AUM (Long)
S SUMITOMO MITSUI FINANCIAL GROUP, INC. Institution	-	37.48% $2.1B	6.09% 13.4M shares	Q1 2020 Held for 5y 8m	$5.7B
LRI Investments, LLC RIA/Wealth	Hayley Ann Snell CCO	30.51% $371.7M	1.18% 2.6M shares	Q1 2024 Held for 1y 8m	$1.2B
Curated Wealth Partners LLC Family Office	Richard Alan Ward Managing Partner	27.83% $226.8M	0.65% 1.4M shares	Q4 2020 Held for 4y 11m	$814.9M
G GUARDIAN POINT CAPITAL, LP Hedge Fund•Long/Short	Dru Alexander Rasmussen CFO	7.89% $16.0M	0.05% 100.0K shares	Q2 2025 Held for 5 months	$202.5M
MEKETA INVESTMENT GROUP INC /ADV Fund of Funds	Peter Scott Woolley CEO	4.69% $1.4M	0.00% 8.9K shares	Q4 2024 Held for 11 months	$30.5M
B Becker Drapkin Management, L.P. Hedge Fund•Long/Short	Richard Benjamin Billig COO	4.17% $13.5M	0.04% 84.2K shares	Q1 2018 Held for 7y 8m	$323.1M
P PORTLAND INVESTMENT COUNSEL INC. Institution	-	3.98% $14.5M	0.04% 90.6K shares	Q1 2020 Held for 5y 8m	$363.9M
Vulcan Value Partners, LLC Long Only Manager	Jeffrey Thomas Stdenis CEO	3.91% $215.8M	0.62% 1.4M shares	Q3 2022 Held for 3y 2m	$5.5B
Hamlin Capital Management, LLC Long Only Manager	Mark (Nmn) Stitzer CEO	3.89% $170.9M	0.49% 1.1M shares	Q2 2021 Held for 4y 5m	$4.4B
Partners Group Holding AG Private Equity	Charles Harry Dallara Chairman	3.40% $57.8M	0.16% 361.7K shares	Q4 2017 Held for 7y 11m	$1.7B

Hedge Fund Spotlight

Discover hedge funds investing in ARES

Freestone Grove Partners LP

Hedge Fund • Multi-Strategy

Portfolio ManagerTodd Keefe Barker

Portfolio Value: $13.5B
Positions: 680
Last Reported: Q3 2025

Sector Allocation

Position in Ares Management Corporation

Market Value: $41.7M
Shares Held: 260.6K
Portfolio Weight: 0.31%
Owned Since: 2024-Q4

Top Holding	Sector	Market Value	Weight
1 Vanguard S&P 500 ETF VOO	ETF ETF	$828.1M	6.16%
2 iShares Core S&P 500 ETF IVV	ETF ETF	$201.2M	1.50%
3 Weyerhaeuser WY	REIT - Specialty Real Estate	$166.0M	1.23%