- Quarter end
- 30 Sep 2025
- the date the book describes
- Filed
- 27 Oct 2026
- latest of these filings; the earliest 29 Oct 2025
- Managers listing it
- 19
- at least, of 95 tracked, among listed positions
- Comparable managers
- 95
- filed both Q2 2025 and Q3 2025; 10 listed it in both
- Shares listed
- 47,108,414
- combined, among listed positions
- Reported value
- $7.5bn
- combined, at the quarter end
Among the 95 comparable managers: 15 buyers (opened or added shares) and 4 sellers (trimmed or exited), at least, among listed positions. Their net change in shares is not known from listed positions, because at least one of them lists it in only one of the two quarters.
Managers listing ARES in Q3 2025
19 of 19 holders
Largest increases and reductions, by shares
Increases
- Millennium Management LLCnew position · 1,379,342 shares now+1,379,342
- T. Rowe Price Associates Incexisting position · 7,570,069 shares now+1,317,049
- Marshall Wace LLPexisting position · 912,656 shares now+757,293
- Tudor Investment Corpnew position · 299,170 shares now+299,170
- Freestone Grove Partners LPnew position · 260,587 shares now+260,587
Reductions
- Wellington Management Group LLPexisting position · 9,382,767 shares now-3,251,041
- Capital World Investorsexisting position · 11,579,021 shares now-166,641
- Fidelity (FMR LLC)existing position · 7,930,703 shares now-79,465
- MFS Investment Managementexisting position · 4,518,425 shares now-66,829
New positions and exits
New (5)
Exited (0)
No exit shown by a manager’s own filing.
Ownership over time
Tracked managers listing it, at least.
| Quarter | Holders | Reported value | Buyers | Sellers |
|---|---|---|---|---|
| Q4 2018 | 2 | $158m | n.a. | n.a. |
| Q1 2019 | 3 | $203m | n.a. | n.a. |
| Q2 2019 | 3 | $301m | n.a. | n.a. |
| Q3 2019 | 4 | $361m | n.a. | n.a. |
| Q4 2019 | 4 | $462m | n.a. | n.a. |
| Q1 2020 | 5 | $690m | n.a. | n.a. |
| Q2 2020 | 7 | $1.1bn | n.a. | n.a. |
| Q3 2020 | 4 | $961m | n.a. | n.a. |
| Q4 2020 | 5 | $1.2bn | n.a. | n.a. |
| Q1 2021 | 6 | $1.4bn | n.a. | n.a. |
| Q2 2021 | 9 | $1.8bn | n.a. | n.a. |
| Q3 2021 | 7 | $2.2bn | n.a. | n.a. |
| Q4 2021 | 11 | $2.4bn | n.a. | n.a. |
| Q1 2022 | 8 | $2.3bn | n.a. | n.a. |
| Q2 2022 | 9 | $1.8bn | n.a. | n.a. |
| Q3 2022 | 12 | $2.2bn | n.a. | n.a. |
| Q4 2022 | 11 | $2.3bn | n.a. | n.a. |
| Q1 2023 | 11 | $2.7bn | n.a. | n.a. |
| Q2 2023 | 10 | $3.5bn | n.a. | n.a. |
| Q3 2023 | 11 | $4.1bn | n.a. | n.a. |
| Q4 2023 | 10 | $4.8bn | 6 | 2 |
| Q1 2024 | 15 | $6.0bn | 11 | 2 |
| Q2 2024 | 14 | $6.7bn | 9 | 4 |
| Q3 2024 | 13 | $7.5bn | 6 | 6 |
| Q4 2024 | 15 | $8.4bn | 7 | 8 |
| Q1 2025 | 15 | $6.9bn | 7 | 8 |
| Q2 2025 | 11 | $7.9bn | 4 | 8 |
| Q3 2025 | 19 | $7.5bn | 15 | 4 |
| Q4 2025 | 12 | $6.3bn | 11 | 21 |
| Q1 2026 | 13 | $3.9bn | 23 | 11 |
| Q2 2026 | 9 | $2.9bn | 13 | 21 |
Compare with…
Holders over time, buyers and sellers, and the managers holding both, side by side for up to four stocks.
ARES and V →ARES and AXP →ARES and BAC →Choose a stock to compare with ARES →
How much of the picture this is
A 13F is a manager’s long US-listed equity book at a quarter end, filed up to 45 days later. It shows no shorts, cash, bonds or performance, and it is never today’s portfolio. Large books are listed to their largest positions, so a manager missing from this table may still hold a small position below that line. These are 95 tracked managers, not the institutional market.
Which funds own ARES, latest filings →Back to the 13F Explorer →