- Quarter end
- 30 Jun 2025
- the date the book describes
- Filed
- 27 Oct 2026
- latest of these filings; the earliest 8 Aug 2025
- Managers listing it
- 11
- at least, of 95 tracked, among listed positions
- Comparable managers
- 95
- filed both Q1 2025 and Q2 2025; 10 listed it in both
- Shares listed
- 45,428,583
- combined, among listed positions
- Reported value
- $7.9bn
- combined, at the quarter end
Among the 95 comparable managers: 4 buyers (opened or added shares) and 8 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 Q2 2025
11 of 11 holders
Largest increases and reductions, by shares
Increases
- T. Rowe Price Associates Incexisting position · 6,253,020 shares now+4,838,965
- Neuberger Berman Group LLCexisting position · 538,631 shares now+156,751
- Eisler Capital Management Ltdnew position · 32,416 shares now+32,416
- Artisan Partners LPexisting position · 498,454 shares now+20,373
Reductions
- Wellington Management Group LLPexisting position · 12,633,808 shares now-982,565
- Marshall Wace LLPexisting position · 155,363 shares now-475,833
- MFS Investment Managementexisting position · 4,585,254 shares now-438,731
- Capital World Investorsexisting position · 11,745,662 shares now-164,340
- Fidelity (FMR LLC)existing position · 8,010,168 shares now-59,730
New positions and exits
New (1)
Exited (1)
- Lone Pine Capital LLCwas $235m
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 →