# Ares Systematic Credit Ltd

> Institutional holdings reported to the SEC as of Q2 2026 on Form 13F. CIK 2135379. Source: https://holderbook.com/funds/2135379-ares-systematic-credit-ltd/

- Reported value: $164.7M
- Positions: 242
- Weight of the ten largest: 23.9%
- Filed: 2026-08-14

A 13F reports long US equity positions only. Short positions, bonds, foreign listings, private holdings and cash are not visible, so this is not the manager's whole book.

## Holdings

| Security | Ticker | Value | Shares | Weight | Quarters held |
|---|---|---|---|---|---|
| FIRSTENERGY CORP | - | $5.3M | 4,800,000 | 3.2% | 1 |
|  | - | $4.5M | 4,400,000 | 2.7% | 1 |
| JETBLUE AIRWAYS CORP | - | $4.5M | 4,000,000 | 2.7% | 3 |
| FIVE9 INC | - | $4.4M | 5,000,000 | 2.7% | 3 |
| RUBRIK INC. | - | $4.4M | 4,300,000 | 2.7% | 1 |
| PROGRESS SOFTWARE CORP | - | $3.9M | 4,100,000 | 2.4% | 2 |
| AKAMAI TECHNOLOGIES INC | - | $3.3M | 2,800,000 | 2.0% | 3 |
| AKAMAI TECHNOLOGIES INC | - | $3.2M | 2,700,000 | 2.0% | 3 |
| T1 ENERGY INC | - | $2.9M | 1,700,000 | 1.8% | 2 |
| GUARDANT HEALTH INC | - | $2.7M | 2,200,000 | 1.7% | 3 |
| GREEN PLAINS INC | - | $2.7M | 2,000,000 | 1.7% | 3 |
| SNOWFLAKE INC | - | $2.7M | 1,500,000 | 1.6% | 3 |
| SOUTHERN CO | - | $2.6M | 2,600,000 | 1.6% | 1 |
| PINNACLE WEST CAP CORP | - | $2.5M | 2,100,000 | 1.5% | 2 |
|  | - | $2.4M | 2,400,000 | 1.5% | 1 |
| ALARM COM HLDGS INC | - | $2.4M | 2,500,000 | 1.4% | 3 |
| GUIDEWIRE SOFTWARE INC | - | $2.3M | 2,400,000 | 1.4% | 1 |
| EVERGY INC | - | $2.3M | 1,600,000 | 1.4% | 3 |
| RIVIAN AUTOMOTIVE INC | - | $2.2M | 2,100,000 | 1.4% | 3 |
| WEC ENERGY GROUP INC | - | $2.2M | 1,800,000 | 1.3% | 3 |
| BRIDGEBIO PHARMA INC | - | $2.1M | 1,200,000 | 1.3% | 1 |
| CAPITAL SOUTHWEST CORP | - | $2.1M | 2,000,000 | 1.3% | 2 |
| SPECTRUM BRANDS INC | - | $2.1M | 2,000,000 | 1.3% | 2 |
| SUPER MICRO COMPUTER INC | - | $2.1M | 2,100,000 | 1.3% | 2 |
| SUPER MICRO COMPUTER INC | - | $2.0M | 2,200,000 | 1.2% | 3 |
| NEXTERA ENERGY CAP HLDGS INC | - | $2.0M | 1,500,000 | 1.2% | 3 |
| SNAP INC | - | $2.0M | 2,400,000 | 1.2% | 2 |
| MICROCHIP TECHNOLOGY INC. | - | $1.8M | 1,600,000 | 1.1% | 2 |
| WESTERN DIGITAL CORP | - | $1.7M | 100,000 | 1.0% | 3 |
| MARRIOTT VACATIONS WORLDWIDE | - | $1.7M | 1,700,000 | 1.0% | 2 |
| ETSY INC | - | $1.6M | 1,700,000 | 1.0% | 3 |
| HALOZYME THERAPEUTICS INC | - | $1.6M | 1,400,000 | 0.9% | 1 |
| VARONIS SYS INC | - | $1.5M | 1,500,000 | 0.9% | 1 |
| XOMETRY INC | - | $1.4M | 800,000 | 0.8% | 3 |
| SITIME CORP | - | $1.3M | 1,200,000 | 0.8% | 1 |
| CIENA CORP | [CIEN](https://holderbook.com/stocks/CIEN/) | $1.3M | 2,567 | 0.8% | 1 |
| CELCUITY INC | - | $1.1M | 1,000,000 | 0.7% | 1 |
| CERENCE INC | - | $1.1M | 1,200,000 | 0.7% | 3 |
| GRANITE CONSTR INC | - | $1.0M | 500,000 | 0.6% | 3 |
| NUVATION BIO INC | - | $1.0M | 1,000,000 | 0.6% | 1 |
| BLOOM ENERGY CORP | [BE](https://holderbook.com/stocks/BE/) | $1.0M | 3,430 | 0.6% | 3 |
| ON SEMICONDUCTOR CORP | [ON](https://holderbook.com/stocks/ON/) | $1.0M | 10,628 | 0.6% | 1 |
| SITIME CORP | [SITM](https://holderbook.com/stocks/SITM/) | $988.6K | 1,326 | 0.6% | 1 |
| DIGITALOCEAN HLDGS INC | [DOCN](https://holderbook.com/stocks/DOCN/) | $988.2K | 6,293 | 0.6% | 3 |
| DATADOG INC | [DDOG](https://holderbook.com/stocks/DDOG/) | $987.0K | 3,791 | 0.6% | 3 |
| PORCH GROUP INC | [PRCH](https://holderbook.com/stocks/PRCH/) | $983.5K | 65,389 | 0.6% | 3 |
| MICROCHIP TECHNOLOGY INC. | [MCHP](https://holderbook.com/stocks/MCHP/) | $964.7K | 10,578 | 0.6% | 1 |
| GUIDEWIRE SOFTWARE INC | [GWRE](https://holderbook.com/stocks/GWRE/) | $958.6K | 7,790 | 0.6% | 2 |
| AVNET INC | [AVT](https://holderbook.com/stocks/AVT/) | $954.9K | 10,751 | 0.6% | 2 |
| DAVE INC | [DAVE](https://holderbook.com/stocks/DAVE/) | $953.1K | 2,558 | 0.6% | 2 |
| SNOWFLAKE INC | [SNOW](https://holderbook.com/stocks/SNOW/) | $952.6K | 3,743 | 0.6% | 3 |
| UNITY SOFTWARE INC | [U](https://holderbook.com/stocks/U/) | $950.9K | 33,270 | 0.6% | 3 |
| BILL HOLDINGS INC | [BILL](https://holderbook.com/stocks/BILL/) | $948.0K | 26,216 | 0.6% | 2 |
| DROPBOX INC | [DBX](https://holderbook.com/stocks/DBX/) | $944.8K | 34,393 | 0.6% | 3 |
| PAGERDUTY INC | - | $936.4K | 1,000,000 | 0.6% | 1 |
| WORKIVA INC | [WK](https://holderbook.com/stocks/WK/) | $924.7K | 19,062 | 0.6% | 2 |
| BANDWIDTH INC | [BAND](https://holderbook.com/stocks/BAND/) | $905.4K | 14,303 | 0.5% | 1 |
| BOEING CO | [BAPRA](https://holderbook.com/stocks/BAPRA/) | $884.5K | 13,142 | 0.5% | 2 |
| EVOLENT HEALTH INC | - | $876.6K | 1,100,000 | 0.5% | 1 |
| XOMETRY INC | [XMTR](https://holderbook.com/stocks/XMTR/) | $847.3K | 8,778 | 0.5% | 2 |
| ADVANCED ENERGY INDS | [AEIS](https://holderbook.com/stocks/AEIS/) | $843.8K | 2,263 | 0.5% | 1 |
| BLOCK INC | [XYZ](https://holderbook.com/stocks/XYZ/) | $841.7K | 11,075 | 0.5% | 3 |
| SEMTECH CORP | [SMTC](https://holderbook.com/stocks/SMTC/) | $836.4K | 5,168 | 0.5% | 3 |
| HERBALIFE LTD | [HLF](https://holderbook.com/stocks/HLF/) | $825.4K | 62,768 | 0.5% | 2 |
| TRAVERE THERAPEUTICS INC | - | $823.4K | 700,000 | 0.5% | 1 |
| GROUPON INC | - | $791.7K | 700,000 | 0.5% | 3 |
| FASTLY INC | [FSLY](https://holderbook.com/stocks/FSLY/) | $767.0K | 41,774 | 0.5% | 3 |
| ENCORE CAP GROUP INC | - | $765.9K | 500,000 | 0.5% | 1 |
| NOVAVAX INC | [NVAX](https://holderbook.com/stocks/NVAX/) | $755.1K | 80,155 | 0.5% | 3 |
| CERENCE INC | [CRNC](https://holderbook.com/stocks/CRNC/) | $695.4K | 61,428 | 0.4% | 3 |
| FIVE9 INC | [FIVN](https://holderbook.com/stocks/FIVN/) | $684.4K | 32,101 | 0.4% | 3 |
| SOLARIS ENERGY INFRAS INC | - | $651.0K | 400,000 | 0.4% | 3 |
| WELLS FARGO & CO | [WFCPRL](https://holderbook.com/stocks/WFCPRL/) | $636.4K | 550 | 0.4% | 2 |
| CLOUDFLARE INC | - | $633.5K | 500,000 | 0.4% | 1 |
| MKS INC. | - | $589.5K | 200,000 | 0.4% | 3 |
| NEXTERA ENERGY INC | [NEEPRS](https://holderbook.com/stocks/NEEPRS/) | $586.4K | 11,035 | 0.4% | 2 |
| UPWORK INC | [UPWK](https://holderbook.com/stocks/UPWK/) | $557.2K | 66,651 | 0.3% | 3 |
| UGI CORP NEW | - | $539.3K | 400,000 | 0.3% | 3 |
| UBER TECHNOLOGIES INC | [UBER](https://holderbook.com/stocks/UBER/) | $516.6K | 7,159 | 0.3% | 1 |
| PEBBLEBROOK HOTEL TR | [PEB](https://holderbook.com/stocks/PEB/) | $516.4K | 26,607 | 0.3% | 1 |
| BANK OF AMER CORP | [BACPRL](https://holderbook.com/stocks/BACPRL/) | $511.8K | 408 | 0.3% | 2 |
| BRIDGEBIO PHARMA INC | - | $505.1K | 300,000 | 0.3% | 2 |
| SPHERE ENTERTAINMENT CO | - | $490.3K | 100,000 | 0.3% | 2 |
| PAGERDUTY INC | [PD](https://holderbook.com/stocks/PD/) | $482.8K | 50,028 | 0.3% | 3 |
| OUTFRONT MEDIA INC | [OUT](https://holderbook.com/stocks/OUT/) | $473.6K | 14,457 | 0.3% | 1 |
| WISDOMTREE INC | [WT](https://holderbook.com/stocks/WT/) | $466.1K | 27,517 | 0.3% | 1 |
| HEWLETT PACKARD ENTERPRISE C | [HPEPRC](https://holderbook.com/stocks/HPEPRC/) | $465.2K | 4,022 | 0.3% | 2 |
| XENIA HOTELS & RESORTS INC | [XHR](https://holderbook.com/stocks/XHR/) | $443.2K | 21,767 | 0.3% | 1 |
| ETSY INC | [ETSY](https://holderbook.com/stocks/ETSY/) | $429.2K | 5,697 | 0.3% | 3 |
| VICTORIAS SECRET AND CO | [VSXY](https://holderbook.com/stocks/VSXY/) | $421.5K | 5,049 | 0.3% | 1 |
| VIAVI SOLUTIONS INC | [VIAV](https://holderbook.com/stocks/VIAV/) | $420.7K | 8,811 | 0.3% | 1 |
| ADAPTIVE BIOTECHNOLOGIES COR | [ADPT](https://holderbook.com/stocks/ADPT/) | $415.3K | 19,359 | 0.3% | 1 |
| GRAHAM HLDGS CO | [GHC](https://holderbook.com/stocks/GHC/) | $413.2K | 362 | 0.3% | 1 |
| WOLVERINE WORLD WIDE INC | [WWW](https://holderbook.com/stocks/WWW/) | $409.5K | 24,772 | 0.2% | 1 |
| HAEMONETICS CORP MASS | - | $406.3K | 400,000 | 0.2% | 1 |
| ORACLE CORP | [ORCLPRD](https://holderbook.com/stocks/ORCLPRD/) | $405.9K | 9,031 | 0.2% | 2 |
| MARRIOTT VACATIONS WORLDWIDE | [VAC](https://holderbook.com/stocks/VAC/) | $402.6K | 3,952 | 0.2% | 1 |
| APPLIED DIGITAL CORP | - | $399.1K | 100,000 | 0.2% | 3 |
| COINBASE GLOBAL INC | [COIN](https://holderbook.com/stocks/COIN/) | $398.4K | 2,725 | 0.2% | 3 |
| CLOUDFLARE INC | [NET](https://holderbook.com/stocks/NET/) | $398.1K | 1,623 | 0.2% | 1 |

## Quarter by quarter

| Quarter | Value | Positions |
|---|---|---|
| Q2 2026 | $164.7M | 242 |
| Q1 2026 | $126.6M | 150 |
| Q4 2025 | $123.0M | 145 |