How many subsidiaries does Ares Management Corp file with the SEC?

81, listed in its most recent exhibit 21. They are incorporated across 8 jurisdictions, led by Delaware, Luxembourg, Colorado. 12 of them sit in offshore financial centres. That exhibit is filed with the company's annual report and is the company's own list, not an estimate.

Is Ares Management Corp financially healthy?

Ares Management Corp scores 4 out of 5 on the Piotroski F-score. Only 5 of the nine tests could be computed from what it filed; the rest need a prior year it has not reported. Every test and the numbers behind it are shown above, so the arithmetic is checkable rather than something you have to take on trust.

Who are the largest institutional holders of Ares Management Corp?

Among the managers tracked here, the biggest positions as of the 2026-Q2 13F filings are BlackRock, Inc. (adding), BANK OF AMERICA CORP /DE/ (adding), Capital World Investors (trimming). Direction is the change in share count against that manager's own previous filing; managers with no prior filing are left out rather than counted as new buyers.

Ares Management Corp (ARES)

NYSE, NYSE · Common Stock · Investment Advice

One email a week from me: what it filed, which 13F holders added or cut, where its scores stand. Free.

Corporate structure

81 entities across 8 jurisdictions, 12 in offshore financial centres. Read directly from the company’s own 10-K EX-21 filed 2026-02-25 — see the exhibit.

Which other public companies file entities in the same places:

Delaware59 Luxembourg9 Cayman Islands3 Singapore3 Japan3 England and Wales2 Colorado1 India1

Subsidiaries of Ares Management Corp as disclosed in its SEC filing
Entity	Jurisdiction	Note
Ares Holdco LLC	Delaware
Ares Holdings L.P.	Delaware
Ares Finance Co. LLC	Delaware
Ares Finance Co. II LLC	Delaware
Ares Finance Co. III LLC	Delaware
Ares Finance Co. IV LLC	Delaware
Ares Management Worldwide Holdings LLC	Delaware
Ares AMWH Holdings, Inc.	Delaware
Ares Investments Holdings LLC	Delaware
Ares Management Holdings L.P.	Delaware
Ares Management LLC

Financial health

Two standard screens, computed from the XBRL in FY2025 against FY2024. Every test shows the numbers behind it — a score with its inputs hidden is a number you cannot check.

Piotroski F-score

4 / 5

PASSReturn on assets positiveROA 1.8%
PASSOperating cash flow positiveOCF 3.3B
FAILReturn on assets improving1.9% → 1.8%
PASSCash flow exceeds earningsOCF 3.3B vs NI 527M
FAILLong-term debt ratio fallingno debt reported
FAILCurrent ratio improvingno data
FAILNo share dilutionno data
FAILGross margin improvingno gross profit reported
PASSAsset turnover improving0.16× → 0.20×

Six-year record

Year	Revenue	Net income	Free cash flow	Gross margin	Shares
FY2020	$1.8B	$152.1M	—	—	—
FY2021	$4.2B	$408.8M	—	—	—
FY2022	$3.1B	$167.5M	—	—	—
FY2023	$3.6B	$474.3M	—	—	—
FY2024	$3.9B	$463.7M	—	—	—
FY2025	$5.6B

Ownership flow

16 institutions tracked — 8 added, 6 reduced, 2 opened a new position, 2 sold out.

Institutional holders of Ares Management Corp and their share-count change
Manager	Kind	Shares	Change	Value
BANK OF AMERICA CORP /DE/	Active fund	12,322,574	+7,808,217	$1.3B
FMR LLC	Active fund	6,925,765	+3,208,896	$434.3M
CITADEL ADVISORS LLC	Hedge fund	672,570	−2,306,337	$74.9M
WELLINGTON MANAGEMENT GROUP LLP	Active fund	9,682,710	−1,864,677

Capital returned

What the company actually paid out and bought back, as reported — the record behind any yield figure.

Dividend per share

2026Q2: $1.35
2026Q1: $1.35
2025Q4: $1.12
2025Q3: $1.12
2025Q2: $1.12
2025Q1: $1.12

Identity

CIK: 0001176948
FIGI: BBG0068KVV91
SIC: 6282 · Investment Advice
Incorporated: DE
Headquarters: LOS ANGELES, CA

Ownership

Institutional: 93.5%
Institutions: 1,135
Insiders: 11.2%

Ownership percentages are a vendor aggregate, not a filing — unlike everything else on this page.

Questions about Ares Management Corp

How many subsidiaries does Ares Management Corp file with the SEC?: 81, listed in its most recent exhibit 21. They are incorporated across 8 jurisdictions, led by Delaware, Luxembourg, Colorado. 12 of them sit in offshore financial centres. That exhibit is filed with the company's annual report and is the company's own list, not an estimate.
Is Ares Management Corp financially healthy?: Ares Management Corp scores 4 out of 5 on the Piotroski F-score. Only 5 of the nine tests could be computed from what it filed; the rest need a prior year it has not reported. Every test and the numbers behind it are shown above, so the arithmetic is checkable rather than something you have to take on trust.
Who are the largest institutional holders of Ares Management Corp?: Among the managers tracked here, the biggest positions as of the 2026-Q2 13F filings are BlackRock, Inc. (adding), BANK OF AMERICA CORP /DE/ (adding), Capital World Investors (trimming). Direction is the change in share count against that manager's own previous filing; managers with no prior filing are left out rather than counted as new buyers.

This page is one panel of the terminal

The structure map above is the Corporate Blueprint, and in the desktop it is interactive — click any entity to re-centre the map on it and walk the ownership chain. It sits alongside the screener, the scorecard and the filings lab on one desk, on your machine.

Download the terminal See pricing

Sourced from SEC EDGAR primary filings. Figures are as reported by the company and are not investment advice. Scores are standard published screens computed from those filings; every input is shown above so you can check the arithmetic.