Ares Management Corp (ARES)

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Institutional Investors' Holdings

Filing Period: Filing is Ongoing

No.	Name	Shares	Value	% Port
1.	Vanguard Group Inc	20,936,367	$3,626,178,764	0.06%
2.	Massachusetts Financial Services Co	4,585,254	$794,165,994	0.25%
3.	Geode Capital Management, Llc	3,454,083	$596,280,367	0.04%
4.	Principal Financial Group Inc	3,439,948	$595,804,744	0.31%
5.	Lri Investments, Llc	2,347,722	$406,625,450	34.54%