Ares Management LLC is an SEC-registered investment adviser based in Los Angeles, CA that reports managing 255 hedge funds on Form ADV. It reports $458.8 billion in regulatory assets under management. Its private funds, of all types, hold $417.6 billion in gross assets. Its disclosed U.S. stock holdings returned an estimated +2.3% 2026 YTD through Jun 30 (S&P 500: +9.5%), based on 13F filings. Over a longer period they returned an estimated +8.4% from Q3 2024 to Q2 2026, compared with +37.2% for the S&P 500, based on 13F filings.
- Regulatory assets under management
- $458.8 billionForm ADV Item 5.F
- Gross assets of private funds
- $417.6 billionAll private fund types, Form ADV
- Hedge funds managed
- 255682 private funds in total
- Employees
- 3,990Form ADV Item 5.A
- Registration
- SEC-registered adviserCRD 130074
- Latest Form ADV
- 08/26/2026Disciplinary disclosures: yes, see SEC record
Estimated 13F portfolio performance
| Quarter | Est. 13F return | S&P 500 |
|---|---|---|
| Q2 2026 | +26.7% | +14.8% |
| Q1 2026 | -19.3% | -4.6% |
| Q4 2025 | -21.5% | +2.4% |
| Q3 2025 | +20.4% | +7.8% |
| Q2 2025 | +29.3% | +10.4% |
| Q1 2025 | -16.6% | -4.5% |
| Q4 2024 | -1.5% | +2.1% |
| Q3 2024 | +5.5% | +5.4% |
Estimate of the firm's disclosed long U.S. stock portfolio from its quarterly 13F filings, holding each quarter-end portfolio to the next quarter-end at prices implied by all 13F filers. It is a price return before dividends and fees, ignores shorts, options, bonds, cash and trading within the quarter, and is not the return of any fund. Disclosures
Largest disclosed holdings
- Savers Value VLG Inc$1.2 billion
- 98386p102$254.2 million
- Clear Channel Outdoor Holdings$99.7 million
- Claritev Corporation$63.6 million
- 04339d105$57.9 million
- Kodiak Ai Inc.$53.9 million
- Ares Cap Corp Com$51.6 million
- Golub Cap BDC Inc Com$43.2 million
- Global Business Travel Group$40.7 million
- Barings BDC, Inc.$35.5 million
As of 2026-06-30, from 13F filing by Ares Management LLC.
From SEC filings. Firm data comes from the SEC's Form ADV data as of Oct 2, 2026; performance estimates come from Form 13F. HedgeMountain has not verified this information, and it is not an offer, solicitation or recommendation. Full disclosures