ares management, l.p. is a publicly traded, leading global alternative asset manager with approximately $106 billion of assets under management,* and more than 15 offices in the united states, europe, asia and australia.* since its inception in 1997, ares has adhered to a disciplined investment philosophy that focuses on delivering strong risk-adjusted investment returns throughout market cycles. ares believes each of its distinct but complementary investment groups in credit, private equity and real estate is a market leader based on assets under management and investment performance. ares was built upon the fundamental principle that each group benefits from being part of the greater whole. for more information, please visit www.aresmgmt.com. * as of december 31, 2017, aum amounts include funds managed by ivy hill asset management, l.p., a wholly owned portfolio company of ares capital corporation and a registered investment adviser.
Company profile
Ticker
ARES
Exchange
Website
CEO
Michael Arougheti
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
Former names
ARES MANAGEMENT LP
SEC CIK
Corporate docs
Subsidiaries
Ares Holdco LLC • Ares Holdings L.P. • Ares Finance Co. LLC • Ares Finance Co. II LLC • Ares Finance Co. III LLC • Ares Finance Co. IV LLC • Ares Management Worldwide Holdings LLC • Ares AMWH Holdings, Inc. • Ares Investments Holdings LLC • Ares Management Holdings L.P. ...
SEC advisor number
801-63800
FINRA CRD number
130074
AUM ?
$253.19 bn
(as of 6 Feb 24)
Accounts
450
(as of 6 Feb 24)
Employees
2,378
(934 investment advisory or research)
Address
Ares Management Corp - Ordinary Shares
2000 AVE OF THE STARS
12TH FLOOR
LOS ANGELES
CA 90067
2000 AVE OF THE STARS
12TH FLOOR
LOS ANGELES
CA 90067
Phone
3102014100
Brochures
ARES stock data
Latest filings (excl ownership)
10-K
2023 FY
Annual report
27 Feb 24
8-K
Ares Management Corporation Reports Fourth Quarter and Full Year 2023 Results
8 Feb 24
8-K
Departure of Directors or Certain Officers
2 Feb 24
8-K
Entry into a Material Definitive Agreement
13 Nov 23
424B5
Prospectus supplement for primary offering
8 Nov 23
FWP
Free writing prospectus
7 Nov 23
424B5
Prospectus supplement for primary offering
7 Nov 23
POSASR
Automatic shelf registration (post-effective amendment)
7 Nov 23
10-Q
2023 Q3
Quarterly report
3 Nov 23
8-K
Ares Management Corporation Reports Third Quarter 2023 Results
30 Oct 23
Transcripts
ARES
Earnings call transcript
2023 Q4
8 Feb 24
ARES
Earnings call transcript
2023 Q3
31 Oct 23
ARES
Earnings call transcript
2023 Q2
1 Aug 23
ARES
Earnings call transcript
2023 Q1
28 Apr 23
ARES
Earnings call transcript
2022 Q4
9 Feb 23
ARES
Earnings call transcript
2022 Q3
27 Oct 22
ARES
Earnings call transcript
2022 Q2
28 Jul 22
ARES
Earnings call transcript
2022 Q1
28 Apr 22
ARES
Earnings call transcript
2021 Q4
11 Feb 22
ARES
Earnings call transcript
2021 Q3
27 Oct 21
Latest ownership filings
Financial summary
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Diluted EPS |
Annual (USD) | Mar 23 | Dec 22 | Dec 21 | Dec 20 | |
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Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 311.83 mm | 311.83 mm | 311.83 mm | 311.83 mm | 311.83 mm | 311.83 mm |
Cash burn (monthly) | (no burn) | 4.14 mm | (no burn) | (no burn) | (no burn) | (no burn) |
Cash used (since last report) | n/a | 24.75 mm | n/a | n/a | n/a | n/a |
Cash remaining | n/a | 287.07 mm | n/a | n/a | n/a | n/a |
Runway (months of cash) | n/a | 69.4 | n/a | n/a | n/a | n/a |
Institutional ownership, Q4 2023
13F holders | Current |
---|---|
Total holders | 409 |
Opened positions | 74 |
Closed positions | 138 |
Increased positions | 158 |
Reduced positions | 124 |
13F shares | Current |
---|---|
Total value | 14.29 tn |
Total shares | 258.76 mm |
Total puts | 59.80 k |
Total calls | 287.00 |
Total put/call ratio | 208.4 |
Largest owners | Shares | Value |
---|---|---|
Ares Partners Holdco | 130.29 mm | $0.00 |
Vanguard | 16.39 mm | $1.95 tn |
Wellington Management | 15.86 mm | $1.89 tn |
SMFG Sumitomo Mitsui Financial | 13.36 mm | $1.59 tn |
Capital World Investors | 11.08 mm | $1.32 tn |
FMR | 6.96 mm | $828.13 bn |
Capital International Investors | 5.57 mm | $662.35 bn |
T. Rowe Price | 4.11 mm | $489.22 mm |
BEN Franklin Resources | 3.87 mm | $460.52 bn |
JPM JPMorgan Chase & Co. | 3.57 mm | $424.16 bn |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
28 Mar 24 | Ressler Antony P | Class A Common Stock | Sell | Dispose S | Yes | Yes | 133.59 | 5,363 | 716.44 k | 0 |
28 Mar 24 | Ressler Antony P | Class A Common Stock | Sell | Dispose S | Yes | Yes | 133.05 | 33,119 | 4.41 mm | 5,363 |
28 Mar 24 | Ressler Antony P | Class A Common Stock | Sell | Dispose S | Yes | Yes | 131.88 | 2,018 | 266.13 k | 38,482 |
27 Mar 24 | Ressler Antony P | Class A Common Stock | Sell | Dispose S | Yes | Yes | 134.53 | 1,182 | 159.01 k | 0 |
27 Mar 24 | Ressler Antony P | Class A Common Stock | Sell | Dispose S | Yes | Yes | 133.36 | 16,057 | 2.14 mm | 1,182 |
27 Mar 24 | Ressler Antony P | Class A Common Stock | Sell | Dispose S | Yes | Yes | 132.65 | 16,368 | 2.17 mm | 17,239 |
27 Mar 24 | Ressler Antony P | Class A Common Stock | Sell | Dispose S | Yes | Yes | 131.87 | 14,965 | 1.97 mm | 33,607 |
26 Mar 24 | Ressler Antony P | Class A Common Stock | Sell | Dispose S | Yes | Yes | 134.74 | 873 | 117.63 k | 0 |
26 Mar 24 | Ressler Antony P | Class A Common Stock | Sell | Dispose S | Yes | Yes | 133.91 | 22,923 | 3.07 mm | 873 |
25 Mar 24 | Michael J Arougheti | Class A Common Stock | Sell | Dispose S | Yes | Yes | 134.58 | 600 | 80.75 k | 0 |
News
Peering Into Ares Management's Recent Short Interest
27 Mar 24
Here's How Much You Would Have Made Owning Ares Management Stock In The Last 5 Years
12 Mar 24
$1000 Invested In This Stock 5 Years Ago Would Be Worth $5,600 Today
26 Feb 24
New York Community Bancorp Shares Rally, But Stark Warnings Over Commercial Real Estate Persist
12 Feb 24
RBC Capital Maintains Outperform on Ares Management, Raises Price Target to $145
12 Feb 24
Press releases
KBS Announces Recapitalization
25 Mar 24
Ares Management Launches Ansley Park Capital
4 Mar 24
Bluepeak Receives Strategic Investment from Ares Management
29 Feb 24
Ares Capital Corporation to Present at the 2024 RBCCM Global Financial Institutions Conference
27 Feb 24
Ares Capital Corporation to Present at the Raymond James 45th Annual Institutional Investors Conference
27 Feb 24