Ares Systematic Credit

Ares Systematic Credit as of Dec. 31, 2025

Portfolio Holdings for Ares Systematic Credit

Ares Systematic Credit holds 145 positions in its portfolio as reported in the December 2025 quarterly 13F filing

Company (Ticker) Portfolio Weight Valued At Change in Shares Share Count Share Price
Workiva Note 1.250% 8/1 (Principal) 3.4 $4.2M 4.2M 0.99
Immunocore Holdings Note 2.500% 2/0 (Principal) 3.4 $4.1M 4.5M 0.92
Solaris Energy Infrastru Note 0.250%10/0 (Principal) 3.4 $4.1M 3.8M 1.08
Alarm.com Hldgs Note 2.250% 6/0 (Principal) 3.3 $4.1M 4.3M 0.96
Snowflake Note 10/0 (Principal) 2.8 $3.4M 2.3M 1.49
Biomarin Pharmaceutical Note 1.250% 5/1 (Principal) 2.7 $3.3M 3.4M 0.96
Evergy Note 4.500%12/1 (Principal) 2.5 $3.1M 2.5M 1.22
Haemonetics Corp Note 2.500% 6/0 (Principal) 2.3 $2.8M 2.7M 1.04
Akamai Technologies Note 1.125% 2/1 (Principal) 2.1 $2.6M 2.6M 0.99
Guardant Health Note 11/1 (Principal) 2.0 $2.5M 2.3M 1.08
Etsy Note 0.125% 9/0 (Principal) 2.0 $2.4M 2.6M 0.93
Bridgebio Pharma Note 2.250% 2/0 (Principal) 1.9 $2.4M 2.1M 1.14
Envista Holdings Corp Note 1.750% 8/1 (Principal) 1.9 $2.3M 2.4M 0.97
Akamai Technologies Note 0.375% 9/0 (Principal) 1.9 $2.3M 2.3M 1.01
Herbalife Note 4.250% 6/1 (Principal) 1.9 $2.3M 2.1M 1.09
Wec Energy Group Note 4.375% 6/0 (Principal) 1.8 $2.3M 2.0M 1.13
Dropbox Note 3/0 (Principal) 1.8 $2.2M 2.2M 1.01
Guardant Health Debt 1.250% 2/1 (Principal) 1.8 $2.2M 1.2M 1.84
Dynavax Technologies Debt 2.000% 3/1 (Principal) 1.8 $2.2M 2.1M 1.05
Omnicell Note 1.000%12/0 (Principal) 1.8 $2.2M 2.0M 1.08
Southern Note 4.500% 6/1 (Principal) 1.7 $2.1M 2.0M 1.07
Etsy Note 0.125%10/0 (Principal) 1.7 $2.1M 2.1M 1.01
Ionis Pharmaceuticals In Note 1.750% 6/1 (Principal) 1.7 $2.1M 1.3M 1.59
Nextera Energy Capital Note 3.000% 3/0 (Principal) 1.6 $2.0M 1.6M 1.25
Cogent Biosciences Note 1.625%11/1 (Principal) 1.6 $2.0M 1.7M 1.18
Array Technologies Note 1.000%12/0 (Principal) 1.6 $2.0M 2.2M 0.91
Irhythm Technologies Note 1.500% 9/0 (Principal) 1.6 $2.0M 1.4M 1.41
Rivian Auto Note 3.625%10/1 (Principal) 1.6 $1.9M 1.7M 1.13
Unity Software Note 11/1 (Principal) 1.5 $1.8M 1.9M 0.97
Advanced Energy Ind Note 2.500% 9/1 (Principal) 1.3 $1.6M 1.0M 1.65
Digitalocean Holdings Note 12/0 (Principal) 1.1 $1.4M 1.4M 0.97
Cerence Note 1.500% 7/0 (Principal) 0.9 $1.1M 1.2M 0.90
Xometry Note 1.000% 2/0 (Principal) 0.8 $1.0M 800k 1.26
Bridgebio Pharma Note 2.500% 3/1 (Principal) 0.8 $948k 500k 1.90
Western Digital Corp Note 3.000%11/1 (Principal) 0.7 $918k 200k 4.59
Boeing Company (BA) 0.7 $914k 13k 69.53
Pagerduty Note 1.500%10/1 (Principal) 0.7 $863k 900k 0.96
Bloom Energy Corp- A Com Cl A (BE) 0.7 $834k 9.6k 86.89
Impinj (PI) 0.7 $826k 4.7k 174.01
Expedia Group Com New (EXPE) 0.7 $810k 2.9k 283.31
Q2 Holdings (QTWO) 0.7 $809k 11k 72.16
Digitalocean Hldgs (DOCN) 0.7 $806k 17k 48.12
Semtech Corporation (SMTC) 0.6 $799k 11k 73.69
Etsy (ETSY) 0.6 $794k 14k 55.44
Ionis Pharmaceuticals (IONS) 0.6 $785k 9.9k 79.11
Wayfair Inc- Class A Cl A (W) 0.6 $779k 7.8k 100.41
Ringcentral Inc-class A Cl A (RNG) 0.6 $770k 27k 28.88
Novavax Com New (NVAX) 0.6 $755k 112k 6.72
Snowflake Com Shs (SNOW) 0.6 $752k 3.4k 219.36
Viavi Solutions Inc equities (VIAV) 0.6 $747k 42k 17.82
Upwork (UPWK) 0.6 $742k 37k 19.82
Groupon Note 6.250% 3/1 (Principal) 0.6 $741k 700k 1.06
Unity Software (U) 0.6 $733k 17k 44.17
Ptc Therapeutics I (PTCT) 0.6 $723k 9.5k 75.96
Porch Group (PRCH) 0.6 $714k 78k 9.13
Dropbox Inc-class A Cl A (DBX) 0.6 $713k 26k 27.80
Ugi Corp Note 5.000% 6/0 (Principal) 0.6 $712k 500k 1.42
Datadog Inc - Class A Cl A Com (DDOG) 0.6 $685k 5.0k 135.99
Riot Platforms Note 0.750% 1/1 (Principal) 0.6 $682k 600k 1.14
Cerence (CRNC) 0.5 $674k 63k 10.69
Wells Fargo & Company (WFC) 0.5 $669k 550.00 1217.03
Granite Construction Note 3.250% 6/1 (Principal) 0.5 $641k 400k 1.60
Green Plains Note 5.250%11/0 (Principal) 0.5 $637k 600k 1.06
Pagerduty (PD) 0.5 $635k 49k 13.11
Five9 (FIVN) 0.5 $627k 31k 20.05
Innoviva (INVA) 0.5 $625k 31k 19.99
Nextera Energy (NEE) 0.5 $608k 12k 51.46
Affirm Holdings Note 11/1 (Principal) 0.5 $579k 600k 0.96
Lumentum Holdings Note 1.500%12/1 (Principal) 0.4 $532k 100k 5.32
Bank of America Corporation (BAC) 0.4 $511k 408.00 1252.12
Sofi Technologies (SOFI) 0.4 $489k 19k 26.18
Collegium Pharmaceutical Inc Common Stock Usd (COLL) 0.4 $470k 10k 46.30
Super Micro Computer Note 3.500% 3/0 (Principal) 0.4 $452k 500k 0.90
Interdigital Note 3.500% 6/0 (Principal) 0.3 $413k 100k 4.13
Sirius Xm Holdings Note 3.750% 3/1 (Principal) 0.3 $407k 400k 1.02
Uber Technologies Note 0.875%12/0 (Principal) 0.3 $390k 300k 1.30
Block Cl A (XYZ) 0.3 $373k 5.7k 65.09
Peloton Interactive Inc-a Cl A Com (PTON) 0.3 $368k 60k 6.16
Draftkings Holdings Note 3/1 (Principal) 0.3 $366k 400k 0.92
El Paso Energy Cap Trst Pfd Cv Tr Sec 28 (EP.PC) 0.3 $355k 7.2k 49.34
Affirm Holdings Com Cl A (AFRM) 0.3 $354k 4.8k 74.43
Fastly Inc - Class A Cl A (FSLY) 0.3 $345k 34k 10.18
Seagate Hdd Cayman Note 3.500% 6/0 (Principal) 0.3 $338k 100k 3.38
Synaptics, Incorporated (SYNA) 0.3 $336k 4.5k 74.02
Centerpoint Energy Note 4.250% 8/1 (Principal) 0.3 $334k 300k 1.11
Snowflake Note 10/0 (Principal) 0.3 $310k 200k 1.55
Coinbase Global Note 0.250% 4/0 (Principal) 0.3 $308k 300k 1.03
Kkr & Co (KKR) 0.2 $304k 5.9k 51.93
Lyft Inc-a Cl A Com (LYFT) 0.2 $284k 15k 19.37
Block Note 0.250%11/0 (Principal) 0.2 $279k 300k 0.93
Applied Digital Corp Note 2.750% 6/0 (Principal) 0.2 $271k 100k 2.71
Hewlett Packard Enterprise (HPE) 0.2 $266k 4.0k 66.20
Apollo Global Mgmt (APO) 0.2 $263k 3.5k 75.47
Coinbase Global Inc -class A Com Cl A (COIN) 0.2 $261k 1.2k 226.14
Mirum Pharmaceuticals Note 4.000% 5/0 (Principal) 0.2 $259k 100k 2.59
Advanced Energy Industries (AEIS) 0.2 $257k 1.2k 209.37
Granite Construction Note 3.750% 5/1 (Principal) 0.2 $255k 100k 2.55
Strategy Note 12/0 (Principal) 0.2 $247k 300k 0.82
Groupon Com New (GRPN) 0.2 $237k 14k 17.61
Mara Holdings Note 3/0 (Principal) 0.2 $237k 300k 0.79
Wayfair Note 3.500%11/1 (Principal) 0.2 $230k 100k 2.30
Xplr Infrastructure Com Unit Part In (XIFR) 0.2 $226k 23k 10.00
Strategy Note 2.250% 6/1 (Principal) 0.2 $222k 200k 1.11
Ppl Capital Funding Note 2.875% 3/1 (Principal) 0.2 $221k 200k 1.11
Halozyme Therapeutics In Note 0.250% 3/0 (Principal) 0.2 $217k 200k 1.08
Pacira Biosciences Note 2.125% 5/1 (Principal) 0.2 $202k 200k 1.01
Blackstone Mortgage Tr Note 5.500% 3/1 (Principal) 0.2 $201k 200k 1.01
Tripadvisor (TRIP) 0.2 $201k 14k 14.56
Brightspring Health Svcs (BTSG) 0.2 $189k 1.5k 126.30
Snap Note 0.125% 3/0 (Principal) 0.1 $182k 200k 0.91
Life360 (LIF) 0.1 $180k 2.8k 64.14
PG&E Corporation (PCG) 0.1 $172k 4.2k 41.07
Wayfair Note 3.250% 9/1 (Principal) 0.1 $168k 100k 1.68
Albemarle Corporation (ALB) 0.1 $152k 2.6k 58.95
Live Nation Entertainmen Note 3.125% 1/1 (Principal) 0.1 $147k 100k 1.47
Sunrun Note 4.000% 3/0 (Principal) 0.1 $143k 100k 1.43
Microchip Technology (MCHP) 0.1 $143k 2.5k 58.45
Jazz Investments I Note 3.125% 9/1 (Principal) 0.1 $134k 100k 1.34
Halozyme Therapeutics In Note 1.000% 8/1 (Principal) 0.1 $133k 100k 1.33
MKS Note 1.250% 6/0 (Principal) 0.1 $128k 100k 1.28
Shift4 Payments Cl A (FOUR) 0.1 $127k 1.6k 79.94
Ani Pharmaceuticals Note 2.250% 9/0 (Principal) 0.1 $127k 100k 1.27
Fluence Energy Note 2.250% 6/1 (Principal) 0.1 $121k 100k 1.21
Pennymac Corp Note 8.500% 6/0 (Principal) 0.1 $107k 100k 1.07
Starwood Property Trust Note 6.750% 7/1 (Principal) 0.1 $107k 100k 1.07
Strategy Note 0.875% 3/1 (Principal) 0.1 $104k 100k 1.04
Innoviva Note 2.125% 3/1 (Principal) 0.1 $103k 100k 1.03
Tandem Diabetes Care Note 1.500% 3/1 (Principal) 0.1 $102k 100k 1.02
Lemaitre Vascular Note 2.500% 2/0 (Principal) 0.1 $101k 100k 1.01
Ncl Corporation Note 1.125% 2/1 (Principal) 0.1 $100k 100k 1.00
Datadog Note 12/0 (Principal) 0.1 $100k 100k 1.00
Jetblue Airways Corp Note 2.500% 9/0 (Principal) 0.1 $98k 100k 0.98
Upwork Note 0.250% 8/1 (Principal) 0.1 $98k 100k 0.98
Confluent Note 1/1 (Principal) 0.1 $97k 100k 0.97
Conmed Corp Note 2.250% 6/1 (Principal) 0.1 $96k 100k 0.96
Winnebago Industries Note 3.250% 1/1 (Principal) 0.1 $96k 100k 0.96
On Semiconductor Corp Note 0.500% 3/0 (Principal) 0.1 $95k 100k 0.95
Bentley Systems Note 0.375% 7/0 (Principal) 0.1 $94k 100k 0.94
Amphastar Pharmaceutical Note 2.000% 3/1 (Principal) 0.1 $93k 100k 0.93
Dexcom Note 0.375% 5/1 (Principal) 0.1 $92k 100k 0.92
Vishay Intertechnology Note 2.250% 9/1 (Principal) 0.1 $91k 100k 0.91
Five9 Note 1.000% 3/1 (Principal) 0.1 $91k 100k 0.91
Bandwidth Note 0.500% 4/0 (Principal) 0.1 $88k 100k 0.87
Qxo Com New (QXO) 0.1 $70k 1.3k 55.56
Lumentum Hldgs (LITE) 0.0 $4.1k 11.00 368.55