Ares Systematic Credit
LONDON, X0files as Ares Systematic Credit Ltd
$55m in 157 US stocks at the end of 30 June 2026. The top 10 are 18.4% of the money. It changed about 53.2% of the portfolio this quarter.
Value
$55m
Stocks
157
Top 10 share
18.4%
Turnover
53.2%
What changed this quarter
New
Bought for the first time this quarter.
- CienaCIEN2.3% of the fund
- ON SemiconductorON1.8% of the fund
- SitimeSITM1.8% of the fund
- Microchip TechnologyMCHP1.8% of the fund
- BandwidthBAND1.6% of the fund
- Advanced Energy IndustriesAEIS1.5% of the fund
- Uber TechnologiesUBER0.9% of the fund
- Pebblebrook Hotel TrustPEB0.9% of the fund
- OUTFRONT MediaOUT0.9% of the fund
- WisdomTreeWT0.8% of the fund
- Xenia Hotels & ResortsXHR0.8% of the fund
- Victoria's SecretVSXY0.8% of the fund
- Viavi SolutionsVIAV0.8% of the fund
- Adaptive BiotechnologiesADPT0.8% of the fund
- Graham HoldingsGHC0.7% of the fund
- Wolverine World WideWWW0.7% of the fund
- Marriott Vacations WorldwideVAC0.7% of the fund
- CloudflareNET0.7% of the fund
- CompassCOMP0.7% of the fund
- Century AluminumCENX0.7% of the fund
- OmnicellOMCL0.7% of the fund
- Tenet HealthcareTHC0.7% of the fund
- V FVFC0.7% of the fund
- HealthequityHQY0.7% of the fund
- Sonic AutomotiveSAH0.7% of the fund
Added
Bought more of a stock they already held.
- Guidewire SoftwareGWRE1.7% of the fund+56%
- AvnetAVT1.7% of the fund+136%
- BILL HoldingsBILL1.7% of the fund+39%
- DropboxDBX1.7% of the fund+16%
- WorkivaWK1.7% of the fund+65%
- HerbalifeHLF1.5% of the fund+40%
- FastlyFSLY1.4% of the fund+47%
- Five9FIVN1.2% of the fund+3%
- PagerDutyPD0.9% of the fund+3%
- TransoceanRIG0.5% of the fund+24%
Cut
Sold some of their stake.
- Bloom EnergyBE1.9% of the fund-43%
- DigitalOcean HoldingsDOCN1.8% of the fund-23%
- DatadogDDOG1.8% of the fund-5%
- Porch GroupPRCH1.8% of the fund-16%
- DaveDAVE1.7% of the fund-36%
- SnowflakeSNOW1.7% of the fund-19%
- Unity SoftwareU1.7% of the fund-21%
- XometryXMTR1.5% of the fund-46%
- BlockXYZ1.5% of the fund-4%
- SemtechSMTC1.5% of the fund-44%
- NovavaxNVAX1.4% of the fund-10%
- CerenceCRNC1.3% of the fund-21%
- EtsyETSY0.8% of the fund-40%
- Oracle0.7% of the fund-14%
- Coinbase GlobalCOIN0.7% of the fund-40%
- AstronicsATRO0.6% of the fund-46%
- Microchip Technology0.4% of the fund-53%
- WayfairW0.2% of the fund-67%
- SynapticsSYNA<0.1% of the fund-98%
- TerawulfWULF<0.1% of the fund-100%
Sold out
Sold their entire stake.
- Arrowhead PharmaceuticalsARWR-100%
- Q2 HoldingsQTWO-100%
- MKSMKSI-100%
- MACOM Technology Solutions HoldingsMTSI-100%
- PTC TherapeuticsPTCT-100%
- Winnebago IndustriesWGO-100%
- Peloton InteractivePTON-100%
- Xplr Infrastructure LPXIFR-100%
- Affirm HoldingsAFRM-100%
- ZscalerZS-100%
- SoFi TechnologiesSOFI-100%
- Life360LIF-100%
- OktaOKTA-100%
Holdings
- Boeing
- Share
- 1.6%
- Value
- $884,457
- Shares
- 13,142
Held
- Wells Fargo
- Share
- 1.2%
- Value
- $636,350
- Shares
- 550
Held
- NextEra Energy
- Share
- 1.1%
- Value
- $586,400
- Shares
- 11,035
Held
- Bank of Amer
- Share
- 0.9%
- Value
- $511,836
- Shares
- 408
Held
- Hewlett Packard Enterprise C
- Share
- 0.8%
- Value
- $465,185
- Shares
- 4,022
Held
- Oracle
- Share
- 0.7%
- Value
- $405,943
- Shares
- 9,031
-14%
- Albemarle
- Share
- 0.7%
- Value
- $377,100
- Shares
- 6,813
Held
- EL Paso Energy CAP TR I
- Share
- 0.7%
- Value
- $363,528
- Shares
- 7,200
Held
- KKR
- Share
- 0.4%
- Value
- $233,561
- Shares
- 5,861
Held
- NextEra Energy
- Share
- 0.4%
- Value
- $226,804
- Shares
- 4,731
New
- Brightspring Health Svcs
- Share
- 0.4%
- Value
- $211,321
- Shares
- 923
Held
- Microchip Technology
- Share
- 0.4%
- Value
- $210,722
- Shares
- 2,747
-53%
| Company | Share of fund | Value | Shares | Change |
|---|---|---|---|---|
| CienaCIEN | 2.3% | $1m | 2,567 | New |
| Bloom EnergyBE | 1.9% | $1m | 3,430 | -43% |
| ON SemiconductorON | 1.8% | $1m | 10,628 | New |
| SitimeSITM | 1.8% | $988,613 | 1,326 | New |
| DigitalOcean HoldingsDOCN | 1.8% | $988,190 | 6,293 | -23% |
| DatadogDDOG | 1.8% | $987,025 | 3,791 | -5% |
| Porch GroupPRCH | 1.8% | $983,451 | 65,389 | -16% |
| Microchip TechnologyMCHP | 1.8% | $964,714 | 10,578 | New |
| Guidewire SoftwareGWRE | 1.7% | $958,560 | 7,790 | +56% |
| AvnetAVT | 1.7% | $954,904 | 10,751 | +136% |
| DaveDAVE | 1.7% | $953,085 | 2,558 | -36% |
| SnowflakeSNOW | 1.7% | $952,594 | 3,743 | -19% |
| Unity SoftwareU | 1.7% | $950,857 | 33,270 | -21% |
| BILL HoldingsBILL | 1.7% | $947,971 | 26,216 | +39% |
| DropboxDBX | 1.7% | $944,776 | 34,393 | +16% |
| WorkivaWK | 1.7% | $924,698 | 19,062 | +65% |
| BandwidthBAND | 1.6% | $905,380 | 14,303 | New |
| Boeing | 1.6% | $884,457 | 13,142 | Held |
| XometryXMTR | 1.5% | $847,253 | 8,778 | -46% |
| Advanced Energy IndustriesAEIS | 1.5% | $843,805 | 2,263 | New |
| BlockXYZ | 1.5% | $841,700 | 11,075 | -4% |
| SemtechSMTC | 1.5% | $836,441 | 5,168 | -44% |
| HerbalifeHLF | 1.5% | $825,399 | 62,768 | +40% |
| FastlyFSLY | 1.4% | $766,971 | 41,774 | +47% |
| NovavaxNVAX | 1.4% | $755,060 | 80,155 | -10% |
| CerenceCRNC | 1.3% | $695,365 | 61,428 | -21% |
| Five9FIVN | 1.2% | $684,393 | 32,101 | +3% |
| Wells Fargo | 1.2% | $636,350 | 550 | Held |
| NextEra Energy | 1.1% | $586,400 | 11,035 | Held |
| UpworkUPWK | 1.0% | $557,202 | 66,651 | Held |
| Uber TechnologiesUBER | 0.9% | $516,593 | 7,159 | New |
| Pebblebrook Hotel TrustPEB | 0.9% | $516,442 | 26,607 | New |
| Bank of Amer | 0.9% | $511,836 | 408 | Held |
| PagerDutyPD | 0.9% | $482,770 | 50,028 | +3% |
| OUTFRONT MediaOUT | 0.9% | $473,611 | 14,457 | New |
| WisdomTreeWT | 0.8% | $466,138 | 27,517 | New |
| Hewlett Packard Enterprise C | 0.8% | $465,185 | 4,022 | Held |
| Xenia Hotels & ResortsXHR | 0.8% | $443,176 | 21,767 | New |
| EtsyETSY | 0.8% | $429,155 | 5,697 | -40% |
| Victoria's SecretVSXY | 0.8% | $421,491 | 5,049 | New |
| Viavi SolutionsVIAV | 0.8% | $420,725 | 8,811 | New |
| Adaptive BiotechnologiesADPT | 0.8% | $415,251 | 19,359 | New |
| Graham HoldingsGHC | 0.7% | $413,194 | 362 | New |
| Wolverine World WideWWW | 0.7% | $409,481 | 24,772 | New |
| Oracle | 0.7% | $405,943 | 9,031 | -14% |
| Marriott Vacations WorldwideVAC | 0.7% | $402,630 | 3,952 | New |
| Coinbase GlobalCOIN | 0.7% | $398,368 | 2,725 | -40% |
| CloudflareNET | 0.7% | $398,089 | 1,623 | New |
| CompassCOMP | 0.7% | $394,708 | 32,012 | New |
| Century AluminumCENX | 0.7% | $379,767 | 8,254 | New |
| OmnicellOMCL | 0.7% | $379,576 | 9,142 | New |
| Tenet HealthcareTHC | 0.7% | $379,024 | 2,026 | New |
| Albemarle | 0.7% | $377,100 | 6,813 | Held |
| Collegium PharmaceuticalCOLL | 0.7% | $374,742 | 10,352 | Held |
| V FVFC | 0.7% | $371,714 | 22,285 | New |
| HealthequityHQY | 0.7% | $370,312 | 4,100 | New |
| Sonic AutomotiveSAH | 0.7% | $366,971 | 4,328 | New |
| EL Paso Energy CAP TR I | 0.7% | $363,528 | 7,200 | Held |
| PAR Pacific HoldingsPARR | 0.6% | $342,256 | 6,103 | New |
| Range ResourcesRRC | 0.6% | $341,888 | 9,193 | New |
| B&G FoodsBGS | 0.6% | $338,638 | 85,085 | New |
| Energizer HoldingsENR | 0.6% | $331,570 | 15,465 | New |
| AstronicsATRO | 0.6% | $324,309 | 3,991 | -46% |
| Levi StraussLEVI | 0.6% | $318,544 | 12,829 | New |
| AMN Healthcare ServicesAMN | 0.6% | $317,938 | 9,822 | New |
| Graphic Packaging HoldingGPK | 0.6% | $313,369 | 29,647 | New |
| Wesco InternationalWCC | 0.6% | $308,124 | 892 | New |
| Zebra TechnologiesZBRA | 0.5% | $296,168 | 1,125 | New |
| TransoceanRIG | 0.5% | $294,926 | 60,312 | +24% |
| AshlandASH | 0.5% | $292,420 | 4,438 | New |
| Jazz PharmaceuticalsJAZZ | 0.5% | $289,405 | 1,201 | New |
| Gulfport EnergyGPOR | 0.5% | $280,684 | 1,654 | New |
| APi GroupAPG | 0.5% | $279,891 | 6,609 | New |
| Constellium SECSTM | 0.5% | $279,882 | 8,782 | New |
| ADTADT | 0.5% | $274,034 | 42,159 | New |
| EnproNPO | 0.5% | $273,274 | 725 | New |
| Hilton Grand VacationsHGV | 0.5% | $270,596 | 5,167 | New |
| Macy'sM | 0.5% | $258,249 | 10,966 | New |
| Magnolia Oil & GasMGY | 0.5% | $258,000 | 10,086 | New |
| Six Flags EntertainmentFUN | 0.5% | $256,644 | 12,049 | New |
| AdientADNT | 0.5% | $252,100 | 13,716 | New |
| Murphy OilMUR | 0.4% | $245,340 | 7,535 | New |
| BlueLinx HoldingsBXC | 0.4% | $234,401 | 3,788 | New |
| KKR | 0.4% | $233,561 | 5,861 | Held |
| Carpenter TechnologyCRS | 0.4% | $226,997 | 368 | New |
| NextEra Energy | 0.4% | $226,804 | 4,731 | New |
| Sally Beauty HoldingsSBH | 0.4% | $226,311 | 16,005 | New |
| Venture GlobalVG | 0.4% | $224,859 | 20,203 | New |
| Amneal PharmaceuticalsAMRX | 0.4% | $224,649 | 12,978 | New |
| CelaneseCE | 0.4% | $221,398 | 4,813 | New |
| BrinksBCO | 0.4% | $220,445 | 2,333 | New |
| Axon EnterpriseAXON | 0.4% | $215,274 | 384 | New |
| Brightspring Health Svcs | 0.4% | $211,321 | 923 | Held |
| Microchip Technology | 0.4% | $210,722 | 2,747 | -53% |
| NCR VoyixVYX | 0.4% | $209,062 | 25,589 | New |
| EntegrisENTG | 0.4% | $201,263 | 1,119 | New |
| XPOXPO | 0.4% | $197,900 | 964 | New |
| Herc HoldingsHRI | 0.4% | $193,652 | 1,351 | New |
| Newell BrandsNWL | 0.3% | $191,930 | 31,259 | New |
| Park Hotels & ResortsPK | 0.3% | $181,844 | 12,761 | New |
Showing the largest 100 of 157.
Over time and by industry
Value over time
Dec '25
Jun '26
Value is up 109.8% since 31 December 2025.
Where the money is
Technology43.2%
Retail & consumer9.6%
Industrials8.1%
Health care7.3%
Financial services6.8%
Energy4.6%
Real estate4.5%
Materials4.0%
Utilities0.6%
Everyday goods0.6%
Media & telecom0.2%
Other10.6%
From the fund's 13F filings. They list US stocks and options only, 45 days after each quarter, and leave out cash, bonds, shorts and foreign shares.