Top 5 2nd Quarter Trades of ARES MANAGEMENT LLC

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Aug 14, 2022
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ARES MANAGEMENT LLC recently filed their 13F report for the second quarter of 2022, which ended on 2022-06-30.

The 13F report details which stocks were in a guru’s equity portfolio at the end of the quarter, though investors should note that these filings are limited in scope, containing only a snapshot of long positions in U.S.-listed stocks and American depository receipts as of the quarter’s end. They are not required to include international holdings, short positions or other types of investments. Still, even this limited filing can provide valuable information.

2000 Avenue of the Stars Los Angeles, CA 90067

As of the latest 13F report, the guru’s equity portfolio contained 37 stocks valued at a total of $1.95Bil. The top holdings were FYBR(42.56%), AZEK(16.42%), and CRC(8.07%).

According to GuruFocus data, these were ARES MANAGEMENT LLC’s top five trades of the quarter.

Infrastructure and Energy Alternatives Inc


During the quarter, ARES MANAGEMENT LLC bought 303,639 shares of NAS:IEA for a total holding of 15,544,914. The trade had a 0.16% impact on the equity portfolio. During the quarter, the stock traded for an average price of $10.43.

On 08/14/2022, Infrastructure and Energy Alternatives Inc traded for a price of $14.4 per share and a market cap of $700.06Mil. The stock has returned 7.70% over the past year.

GuruFocus gives the company a financial strength rating of 5 out of 10 and a profitability rating of 4 out of 10.

In terms of valuation, Infrastructure and Energy Alternatives Inc has a price-book ratio of 29.75, a EV-to-Ebitda ratio of 192.37 and a price-sales ratio of 0.29.

The price-to-GF Value ratio is 1.84, earning the stock a GF Value rank of 1.

ArcLight Clean Transition Corp II


The guru established a new position worth 3,059,533 shares in NAS:ACTDU, giving the stock a 0.88% weight in the equity portfolio. Shares traded for an average price of $7.655 during the quarter.

On 08/14/2022, ArcLight Clean Transition Corp II traded for a price of $7.655 per share and a market cap of $0.00Mil. The stock has returned -23.75% over the past year.

GuruFocus gives the company a financial strength rating of 9 out of 10 and a profitability rating of 2 out of 10.

In terms of valuation, ArcLight Clean Transition Corp II has a price-book ratio of 1.07 and a EV-to-Ebitda ratio of -24.42.

S&P 500 ETF TRUST ETF


The guru sold out of their 250,000-share investment in ARCA:SPY. Previously, the stock had a 4.27% weight in the equity portfolio. Shares traded for an average price of $408.8 during the quarter.

On 08/14/2022, S&P 500 ETF TRUST ETF traded for a price of $427.1 per share and a market cap of $392.88Bil. The stock has returned -2.68% over the past year.

GuruFocus gives the ETF a financial strength rating of 5 out of 10 and a profitability rating of 8 out of 10.

In terms of valuation, S&P 500 ETF TRUST ETF has a price-earnings ratio of 20.20, a price-book ratio of 3.85, a price-earnings-to-growth (PEG) ratio of 2.43, a EV-to-Ebitda ratio of 15.19 and a price-sales ratio of 3.01.

The price-to-GF Value ratio is 0.00, earning the stock a GF Value rank of 6.

California Resources Corp


ARES MANAGEMENT LLC reduced their investment in NYSE:CRC by 1,883,195 shares. The trade had a 3.19% impact on the equity portfolio. During the quarter, the stock traded for an average price of $42.91.

On 08/14/2022, California Resources Corp traded for a price of $46.01 per share and a market cap of $3.47Bil. The stock has returned 55.07% over the past year.

GuruFocus gives the company a financial strength rating of 6 out of 10 and a profitability rating of 5 out of 10.

In terms of valuation, California Resources Corp has a price-earnings ratio of 9999.00 and a EV-to-Ebitda ratio of 0.42.

The price-to-GF Value ratio is 0.00, earning the stock a GF Value rank of 2.

Global Business Travel Group Inc


The guru established a new position worth 8,675,568 shares in NYSE:GBTG, giving the stock a 2.81% weight in the equity portfolio. Shares traded for an average price of $7.03 during the quarter.

On 08/14/2022, Global Business Travel Group Inc traded for a price of $7.93 per share and a market cap of $451.57Mil. The stock has returned 0.00% over the past year.

GuruFocus gives the company a financial strength rating of 4 out of 10 and a profitability rating of 1 out of 10.

In terms of valuation, Global Business Travel Group Inc has a price-book ratio of 0.34, a EV-to-Ebitda ratio of -3.11 and a price-sales ratio of 0.59.


Please note, the numbers and facts quoted are as of the writing of this article and may not factor in the latest trading data or company announcements.

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