ARES
Ares Management Corporation · Financial Services · Asset Management
Momentum inputs (comparable managers):
holder breadth -6.7% ·
share flow +2.1% ·
net new positions -7.1%
· formula
Concentrated accumulation: rising shares among fewer holders
All ownership figures: tracked 13F managers only, common-stock positions, reporting period Q2 2025
| Quarter | Holders | Δ | Shares | Reported value | New | Exits |
|---|---|---|---|---|---|---|
| Q2 2026 | 152 | -6 | 159.53M | $17.73B | +6 | −13 |
| Q1 2026 | 162 | +8 | 155.64M | $16.98B | +13 | −6 |
| Q4 2025 | 153 | 0 | 169.38M | $27.38B | +3 | −2 |
| Q3 2025 | 17 | +1 | 102.10M | $16.32B | +3 | −3 |
| Q2 2025 | 14 | -1 | 82.75M | $14.33B | +1 | −2 |
| Q1 2025 | 12 | 0 | 38.93M | $5.71B | +2 | −2 |
| Q4 2024 | 12 | -1 | 40.21M | $7.12B | +1 | −2 |
| Q3 2024 | 12 | +2 | 37.08M | $5.78B | +3 | −1 |
| Q2 2024 | 10 | n/a | 39.66M | $5.29B | n/a | n/a |
| # | Manager | Shares | Δ shares | Value | Their weight | Held | ||
|---|---|---|---|---|---|---|---|---|
| 1 | The Vanguard Group ✦ (passive) | 20.94M | n/a | $3.63B | 0.1% | n/c | 1 | SEC ↗ ×6 |
| 2 | BlackRock ✦ (passive) | 13.20M | n/a | $2.29B | 0.0% | n/c | 1 | SEC ↗ ×20 |
| 3 | Wellington Management ✦ | 12.63M | -7.2% | $2.19B | 0.4% | ▼ Trim | 5 | SEC ↗ ×9 |
| 4 | Capital World Investors ✦ | 11.75M | -1.4% | $2.03B | 0.3% | ▼ Trim | 5 | SEC ↗ |
| 5 | Fidelity (FMR) ✦ | 8.01M | n/a | $1.39B | 0.1% | n/c | 1 | SEC ↗ ×6 |
| 6 | T. Rowe Price ✦ | 6.25M | +342.2% | $1.08B | 0.1% | ▲ Add | 5 | SEC ↗ ×2 |
| 7 | State Street Global Advisors ✦ (passive) | 4.12M | +4.5% | $714.03M | 0.0% | ▲ Add | 3 | SEC ↗ |
| 8 | Geode Capital Management ✦ (passive) | 3.45M | +7.6% | $596.28M | 0.0% | ▲ Add | 5 | SEC ↗ ×2 |
| 9 | Norges Bank ✦ (passive) | 1.90M | -10.8% | $328.91M | 0.0% | ▼ Trim | 5 | SEC ↗ |
| 10 | Millennium Management ✦ | 255.41K | +10.1% | $44.24M | 0.0% | ▲ Add | 5 | SEC ↗ |
| 11 | Marshall Wace ✦ | 155.36K | -75.4% | $26.91M | 0.0% | ▼ Trim | 2 | SEC ↗ ×2 |
| 12 | Arrowstreet Capital ✦ | 44.84K | New | $7.77M | 0.0% | New | 1 | SEC ↗ |
| 13 | AQR Capital Management ✦ | 30.41K | +193.5% | $5.27M | 0.0% | ▲ Add | 4 | SEC ↗ ×6 |
| 14 | D. E. Shaw & Co. ✦ | 16.52K | -41.2% | $2.86M | 0.0% | ▼ Trim | 2 | SEC ↗ |
“Their weight” = the position's share of that manager's reported 13F equity value: the conviction measure. ✦ = curated manager.
New buyers
| Arrowstreet Capital | $7.77M | 0.0% |
Exited
| Lone Pine Capital | $235.23M | was 2.1% |
| Renaissance Technologies | $29.86M | was 0.0% |
Full-market context: across ALL 13F filers (SEC structured data, Q1 2026): 790 holders, 202.54M shares, $21.70B reported. This is a different, older period than the tracked-universe figures above and the two are never mixed.
What else this security's tracked holders most often hold: shared-ownership counts, not fundamental relationships.