Ares Management Corp (ARES)

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Institutional Investors' Holdings

Filing Period:

No.	Name	Shares	Value	% Port
1.	Vanguard Group Inc	26,050,425	$4,210,530,193	0.06%
2.	Blackrock, Inc.	16,209,382	$2,619,922,438	0.04%
3.	Sumitomo Mitsui Financial Group, Inc.	13,364,740	$2,160,142,926	38.24%
4.	Capital World Investors	10,129,166	$1,637,179,054	0.22%
5.	State Street Corp	8,513,284	$1,376,002,093	0.05%