Portfolio (Quarterly) Guide ↗

ARES MANAGEMENT LLC

· CIK 0001259313

13F Portfolio $1.8B AUM 35 positions Filed Feb 13, 2026 EDGAR ↗ ← All Funds

Q4 2025 Q3 2025 · All 4 New 9 Added 4 Reduced 4 Exited

#	Ticker	Company	Sector	Shares	Value ↓	% Port	Status
1	XHB PUT	SPDR Series Trust	—	200,000	$22.2M	1.01%	SOLD
2	SLRC	SLR Investment Corp	Financial Services	138,502	$2.1M	0.10%	SOLD
3	—	ARKO Corp	—	1,100,000	$10K	—	SOLD
4	XHG	Xchange Tec. Inc	Real Estate	419,729	$217.0	—	SOLD

Sector Allocation

Consumer Cyclical 66.7%

Financial Services 14.5%

Technology 6.4%

Communication Services 5.8%

Healthcare 5.4%

Utilities 0.4%

Consumer Defensive 0.3%

Industrials 0.3%

Real Estate 0.0%