Who owns ARES (ARES)
Which tracked institutional funds hold ARES, how they are positioned, and who is buying versus exiting — from SEC Form 13F-HR filings. See ARES company fundamentals →
Ownership as of the 2026-Q1 13F filings. 13F is disclosed up to 45 days after quarter-end, so the most recent quarter fills in over the following weeks.
How the tape is positioned
The tracked-fund tape on ARES is one-sided between 2025-Q4 and 2026-Q1: 130 added or opened and 435 trimmed or exited — on balance reducing.
A prompt to read the filings, not a verdict. 13F is a quarter-end snapshot disclosed up to 45 days late; a fund adds or exits for mandate, benchmark, and timing reasons that have nothing to do with a view on the stock. This is a starting question, not a signal to trade.
Conviction spread
ARES’s largest tracked holder by dollar value, VANGUARD GROUP INC, sizes it at 0.1% of its own reported 13F book, while the median holder sizes it at 0.1% of theirs — a 0.0pp gap the other way — the median holder sizes ARES more heavily than its largest holder by dollar value does.
Book-share is each fund’s reported value in ARES divided by its whole reported 13F book, so it is comparable across funds of different sizes and is unaffected by stock splits. A higher share means a fund has committed more of its book to the name — a starting question about conviction, not a verdict or a signal to trade.
Institutional & insider positioning
Between 2025-Q4 and 2026-Q1, across 815 tracked filers holding ARES, 439 increased or opened the position and 467 reduced or closed it; over the same quarter, open-market insider Form 4s were net purchases.
This fuses two public signals for the same quarter — how tracked institutions changed their positions and whether insiders bought or sold in the open market. It describes what was filed; it is a starting question, not a verdict or a signal to trade.
New buyers & exits
Funds opening or closing a position in ARES between the 2025-Q4 and 2026-Q1 13F filings, and the largest changes among funds holding it in both. New buyers and exits are counted on fund presence (split-invariant); adds and trims are measured on reported value.
New buyers 71
- VANGUARD CAPITAL MANAGEMENT LLC$1.5B
- VANGUARD PORTFOLIO MANAGEMENT LLC$1.2B
- Point72 Asset Management, L.P.$141M
- VANGUARD FIDUCIARY TRUST CO$130M
- Boston Partners$112M
- Vanguard Global Advisers, LLC$49M
Full exits 72
- VANGUARD GROUP INC$4.2B
- Winslow Capital Management, LLC$311M
- River Road Asset Management, LLC$130M
- Artisan Partners Limited Partnership$110M
- CIBC Private Wealth Group LLC$88M
- Holocene Advisors, LP$39M
Largest adds
- CHARLES SCHWAB INVESTMENT MANAGEMENT INC$438M
- WELLINGTON MANAGEMENT GROUP LLP$257M
- CITADEL ADVISORS LLC$133M
- MILLENNIUM MANAGEMENT LLC$125M
- CANADA PENSION PLAN INVESTMENT BOARD$107M
- Advent International, L.P.$46M
Largest trims
- BlackRock, Inc.$1.2B
- FMR LLC$1.1B
- PRICE T ROWE ASSOCIATES INC /MD/$741M
- SUMITOMO MITSUI FINANCIAL GROUP, INC.$702M
- JPMORGAN CHASE & CO$637M
- MASSACHUSETTS FINANCIAL SERVICES CO /MA/$500M
Institutional holders
One row per tracked fund, largest reported value first. “% of value” is the fund’s share of this security’s tracked institutional value — not of shares outstanding. Rows marked stale are from an earlier filing than the security’s latest quarter — that fund is absent from the newest snapshot (position exited, or reported under a different name).
| Fund | Shares | Reported value | % of value | Quarter |
|---|---|---|---|---|
| BlackRock, Inc. trimmed | 13,645,363 | $1.5B | 6.2% | 2026-Q1 |
| VANGUARD CAPITAL MANAGEMENT LLC new | 13,489,463 | $1.5B | 6.1% | 2026-Q1 |
| SUMITOMO MITSUI FINANCIAL GROUP, INC. | 13,364,740 | $1.5B | 6.1% | 2026-Q1 |
| Capital World Investors added | 11,784,120 | $1.3B | 5.3% | 2026-Q1 |
| VANGUARD PORTFOLIO MANAGEMENT LLC new | 10,797,022 | $1.2B | 4.9% | 2026-Q1 |
| STATE STREET CORP added | 8,604,601 | $939M | 3.9% | 2026-Q1 |
| CANADA PENSION PLAN INVESTMENT BOARD added | 7,614,645 | $831M | 3.5% | 2026-Q1 |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC added | 5,963,306 | $651M | 2.7% | 2026-Q1 |
| GEODE CAPITAL MANAGEMENT, LLC added | 5,624,013 | $611M | 2.5% | 2026-Q1 |
| FRANKLIN RESOURCES INC trimmed | 5,122,470 | $559M | 2.3% | 2026-Q1 |
| JPMORGAN CHASE & CO trimmed | 4,522,344 | $487M | 2.0% | 2026-Q1 |
| PRINCIPAL FINANCIAL GROUP INC added | 4,009,291 | $437M | 1.8% | 2026-Q1 |
| MASSACHUSETTS FINANCIAL SERVICES CO /MA/ trimmed | 3,846,219 | $422M | 1.8% | 2026-Q1 |
| Capital International Investors trimmed | 3,056,451 | $333M | 1.4% | 2026-Q1 |
| NORGES BANK trimmed | 2,129,645 | $312M | 1.3% | 2026-Q1 |
| MORGAN STANLEY trimmed | 2,823,629 | $308M | 1.3% | 2026-Q1 |
| Nuveen, LLC added | 2,421,045 | $264M | 1.1% | 2026-Q1 |
| LRI Investments, LLC trimmed | 2,342,199 | $227M | 0.9% | 2026-Q1 |
| CITADEL ADVISORS LLC added | 2,080,407 | $227M | 0.9% | 2026-Q1 |
| PRICE T ROWE ASSOCIATES INC /MD/ trimmed | 2,076,398 | $227M | 0.9% | 2026-Q1 |
| BROWN ADVISORY INC trimmed | 1,951,264 | $213M | 0.9% | 2026-Q1 |
| NORTHERN TRUST CORP added | 1,892,516 | $206M | 0.9% | 2026-Q1 |
| Vulcan Value Partners, LLC trimmed | 1,691,176 | $185M | 0.8% | 2026-Q1 |
| JANUS HENDERSON GROUP PLC added | 1,653,078 | $180M | 0.7% | 2026-Q1 |
| WESTFIELD CAPITAL MANAGEMENT CO LP added | 1,572,787 | $172M | 0.7% | 2026-Q1 |
| M&G PLC added | 1,548,714 | $169M | 0.7% | 2026-Q1 |
| Curated Wealth Partners LLC added | 1,468,535 | $160M | 0.7% | 2026-Q1 |
| UBS Group AG added | 1,417,076 | $155M | 0.6% | 2026-Q1 |
| FMR LLC trimmed | 1,368,540 | $149M | 0.6% | 2026-Q1 |
| Clearbridge Investments, LLC trimmed | 1,292,902 | $141M | 0.6% | 2026-Q1 |
| Point72 Asset Management, L.P. added | 1,292,084 | $141M | 0.6% | 2026-Q1 |
| VANGUARD FIDUCIARY TRUST CO new | 1,187,250 | $130M | 0.5% | 2026-Q1 |
| MILLENNIUM MANAGEMENT LLC added | 1,168,850 | $128M | 0.5% | 2026-Q1 |
| Bank of New York Mellon Corp trimmed | 1,143,323 | $125M | 0.5% | 2026-Q1 |
| Legal & General Group Plc added | 1,109,618 | $121M | 0.5% | 2026-Q1 |
| Boston Partners added | 1,027,190 | $112M | 0.5% | 2026-Q1 |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC added | 1,010,298 | $110M | 0.5% | 2026-Q1 |
| Hamlin Capital Management, LLC trimmed | 945,301 | $103M | 0.4% | 2026-Q1 |
| ENVESTNET ASSET MANAGEMENT INC added | 920,109 | $100M | 0.4% | 2026-Q1 |
| DEUTSCHE BANK AG\ added | 915,831 | $100M | 0.4% | 2026-Q1 |
| Quilter Plc added | 890,884 | $97M | 0.4% | 2026-Q1 |
| TRUIST FINANCIAL CORP added | 710,518 | $78M | 0.3% | 2026-Q1 |
| ROYAL BANK OF CANADA added | 604,508 | $66M | 0.3% | 2026-Q1 |
| CAT ROCK CAPITAL MANAGEMENT LP added | 588,100 | $64M | 0.3% | 2026-Q1 |
| PEREGRINE CAPITAL MANAGEMENT LLC trimmed | 584,716 | $64M | 0.3% | 2026-Q1 |
| AMERICAN CENTURY COMPANIES INC trimmed | 545,981 | $60M | 0.2% | 2026-Q1 |
| DIMENSIONAL FUND ADVISORS LP added | 520,846 | $57M | 0.2% | 2026-Q1 |
| Partners Group Holding AG added | 516,253 | $56M | 0.2% | 2026-Q1 |
| Amundi trimmed | 498,410 | $54M | 0.2% | 2026-Q1 |
| Mitsubishi UFJ Asset Management Co., Ltd. added | 483,821 | $53M | 0.2% | 2026-Q1 |
| VICTORY CAPITAL MANAGEMENT INC added | 1,428,294 | $52M | 0.2% | 2026-Q1 |
| Sumitomo Mitsui Trust Group, Inc. trimmed | 461,312 | $50M | 0.2% | 2026-Q1 |
| BNP PARIBAS FINANCIAL MARKETS trimmed | 458,547 | $50M | 0.2% | 2026-Q1 |
| Calamos Advisors LLC trimmed | 1,357,766 | $49M | 0.2% | 2026-Q1 |
| Vanguard Global Advisers, LLC new | 449,886 | $49M | 0.2% | 2026-Q1 |
| Advent International, L.P. added | 428,720 | $47M | 0.2% | 2026-Q1 |
| Munich Reinsurance Co Stock Corp in Munich new | 410,383 | $45M | 0.2% | 2026-Q1 |
| RHUMBLINE ADVISERS added | 401,975 | $44M | 0.2% | 2026-Q1 |
| VANGUARD ASSET MANAGEMENT, Ltd new | 379,836 | $41M | 0.2% | 2026-Q1 |
| ADAGE CAPITAL PARTNERS GP, L.L.C. added | 373,800 | $41M | 0.2% | 2026-Q1 |
| CINCINNATI INSURANCE CO added | 370,672 | $40M | 0.2% | 2026-Q1 |
| HSBC HOLDINGS PLC trimmed | 369,039 | $40M | 0.2% | 2026-Q1 |
| CINCINNATI FINANCIAL CORP added | 353,154 | $39M | 0.2% | 2026-Q1 |
| ALLIANCEBERNSTEIN L.P. added | 235,091 | $38M | 0.2% | 2026-Q1 |
| HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND added | 343,116 | $37M | 0.2% | 2026-Q1 |
| Apollo Management Holdings, L.P. new | 330,319 | $36M | 0.1% | 2026-Q1 |
| Estuary Capital Management LP new | 328,411 | $36M | 0.1% | 2026-Q1 |
| RDST Capital LLC added | 321,000 | $35M | 0.1% | 2026-Q1 |
| Corient Private Wealth LLC trimmed | 319,396 | $35M | 0.1% | 2026-Q1 |
| ADVENT CAPITAL MANAGEMENT /DE/ added | 933,089 | $35M | 0.1% | 2026-Q1 |
| National Pension Service added | 309,792 | $34M | 0.1% | 2026-Q1 |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM trimmed | 305,653 | $33M | 0.1% | 2026-Q1 |
| CIBC Bancorp USA Inc. added | 295,910 | $32M | 0.1% | 2026-Q1 |
| California Public Employees Retirement System trimmed | 279,375 | $30M | 0.1% | 2026-Q1 |
| NATIONAL BANK OF CANADA /FI/ added | 267,264 | $29M | 0.1% | 2026-Q1 |
| Rockefeller Capital Management L.P. added | 265,940 | $29M | 0.1% | 2026-Q1 |
| 1832 Asset Management L.P. added | 257,703 | $28M | 0.1% | 2026-Q1 |
| Saba Capital Management, L.P. new | 241,097 | $26M | 0.1% | 2026-Q1 |
| Jefferies Financial Group Inc. added | 238,965 | $26M | 0.1% | 2026-Q1 |
| SEI INVESTMENTS CO trimmed | 220,392 | $24M | 0.1% | 2026-Q1 |
| Mirae Asset Global Investments Co., Ltd. added | 218,622 | $24M | 0.1% | 2026-Q1 |
| D. E. Shaw & Co., Inc. trimmed | 643,150 | $23M | 0.1% | 2026-Q1 |
| VANGUARD GROUP INC added | 25,949,686 | $4.2B | 17.4% | 2025-Q4 stale |
| Winslow Capital Management, LLC added | 1,911,513 | $311M | 1.3% | 2025-Q4 stale |
| LONE PINE CAPITAL LLC trimmed | 1,604,441 | $235M | 1.0% | 2025-Q1 stale |
| MARSHALL WACE, LLP added | 912,656 | $146M | 0.6% | 2025-Q3 stale |
| River Road Asset Management, LLC added | 807,300 | $130M | 0.5% | 2025-Q4 stale |
| Artisan Partners Limited Partnership added | 682,601 | $110M | 0.5% | 2025-Q4 stale |
| CIBC Private Wealth Group LLC trimmed | 545,278 | $88M | 0.4% | 2025-Q4 stale |
| Perpetual Ltd trimmed | 417,720 | $61M | 0.3% | 2025-Q1 stale |
| Munro Partners added | 364,115 | $58M | 0.2% | 2025-Q3 stale |
| Holocene Advisors, LP trimmed | 239,041 | $39M | 0.2% | 2025-Q4 stale |
| Balyasny Asset Management L.P. trimmed | 234,525 | $38M | 0.2% | 2025-Q4 stale |
| CI INVESTMENTS INC. added | 221,679 | $35M | 0.1% | 2025-Q3 stale |
| Qube Research & Technologies Ltd added | 218,799 | $35M | 0.1% | 2025-Q3 stale |
| ANGELO GORDON & CO., L.P. added | 670,000 | $34M | 0.1% | 2025-Q4 stale |
| Junto Capital Management LP trimmed | 206,332 | $33M | 0.1% | 2025-Q4 stale |
| Weiss Asset Management LP new | 202,328 | $33M | 0.1% | 2025-Q4 stale |
| Castle Hook Partners LP new | 173,679 | $28M | 0.1% | 2025-Q4 stale |
| TWO SIGMA INVESTMENTS, LP trimmed | 473,690 | $24M | 0.1% | 2025-Q4 stale |
Ownership over time
Tracked institutional holder count and total shares held by filing quarter (independent scales). The curated-era tail and any mid-ingest latest quarter are handled honestly — a partial quarter is not drawn as a collapse.
Reading this table
Funds hold the same stock for different reasons — an index fund “holds” almost everything, an active manager sizes a name to a mandate and a benchmark, and each fund entered at its own price and time. Because 13F is filed up to 45 days after quarter-end, every row is a backward-looking snapshot; a manager may have traded since. Share-class siblings (a company’s A and C shares) are rolled up to one line so a dual-class name is never double-counted. Compare like-for-like. A large holder is not an endorsement, and a fund exiting is not a warning — this is a starting question, not a verdict.
About 13F filings
A Form 13F is a quarterly disclosure that institutional investment managers with over $100 million in US-listed equities must file with the SEC. In plain English: it is a snapshot of the long stock positions a fund held at the end of a quarter. It covers long US-listed equities only — not short positions, options, cash, or private holdings — and the funds shown are the large sample we track, not the complete 13F universe.