Ares Systematic Credit Ltd

Diversified strategyHigh-turnover traderSector-focused

Total reported value

$126.6M

Reporting period: 2026-03-31 · Number of holdings: 150

Ares Systematic Credit Ltd disclosed 150 holdings in its latest 13F filing for the period ending 2026-03-31, with total reported value of $126.6M and a quarterly turnover rate of 101.6%.

Personality snowflake

Concentration: 5.86
Portfolio Stability: 100
Momentum/Contrarian: 100
Sector conviction: 100
Diversification: 100
Sizing Uniformity: 89.02

Recent moves

Trim SEI 0.25 10-01-31
-84.2%　-$3.4M
Add JBLU 2.5 09-01-29
+3600.0%　$3.3M
Trim SNOW 0 10-01-27
-91.3%　-$3.2M
Trim IMCR 2.5 02-01-30
-51.1%　-$2.2M
Trim GH 0 11-15-27
-82.6%　-$2.1M
Trim OMCL 1 12-01-29
-95.0%　-$2.1M

Holdings Map

New buyAddUnchangedTrim

Top 10 holdings by weight

Full holdings list this quarter

#	Ticker	Issuer	Asset Subclass	Weight	Weight Change	Shares Change
1	ALRM 2.25 06-01-29	Alarm.com Hldgs INC	Stock-Other	3.35%	—	+6.98%
2	WEC 4.375 06-01-27	Wec Energy Group INC	Stock-Utilities	3.32%	+1.48%	+75.00%
3	GPN 1.5 03-01-31	Global Payments INC	Stock-Industrials	3.25%	+3.25%	NEW
4	BTU 3.25 03-01-28	Peabody Energy CORP	Stock-Energy	3.04%	+3.04%	NEW
5	NVST 1.75 08-15-28	Envista Holdings CORP	Stock-Healthcare	2.89%	+1.00%	+54.17%
6	JBLU 2.5 09-01-29	Jetblue Airways CORP	Stock-Industrials	2.69%	+2.61%	+3600.00%
7	AKAM 1.125 02-15-29	Akamai Technologies INC	Stock-Tech	2.65%	+0.55%	+15.38%
8	MTSI 0 12-15-29	Macom Tech Solutions	Stock-Tech	2.21%	+2.21%	NEW
9	SMCI 2.25 07-15-28	Super Micro Computer INC	Stock-Tech	2.17%	+2.17%	NEW
10	WK 1.25 08-15-28	Workiva INC	Stock-Tech	1.84%	-1.55%	-40.48%
11	ETSY 0.125 10-01-26	Etsy INC	Stock-Consumer Disc	1.78%	—	+9.52%
12	RIVN 4.625 03-15-29	Rivian Auto INC	Stock-Consumer Disc	1.74%	+1.74%	NEW
13	RIVN 3.625 10-15-30	Rivian Auto INC	Stock-Consumer Disc	1.70%	—	+35.29%
14	EVRG 4.5 12-15-27	Evergy INC	Stock-Utilities	1.70%	-0.78%	-36.00%
15	SO 4.5 06-15-27	Southern Co	Stock-Utilities	1.67%	—	-5.00%
16	COGT 1.625 11-15-31	Cogent Biosciences INC	Stock-Other	1.66%	—	+5.88%
17	DOCN 0 12-01-26	Digitalocean Holdings	Stock-Tech	1.62%	—	+50.00%
18	LCII 3 03-01-30	Lci Industries	Stock-Consumer Disc	1.59%	+1.59%	NEW
19	FIVN 1 03-15-29	Five9 INC	Stock-Tech	1.58%	+1.51%	+2200.00%
20	WGO 3.25 01-15-30	Winnebago Industries	Stock-Other	1.58%	+1.50%	+2100.00%
21	ATEC 0.75 03-15-30	Alphatec Holdings INC	Stock-Other	1.55%	+1.55%	NEW
22	IMCR 2.5 02-01-30	Immunocore Holdings	Stock-Other	1.54%	-1.82%	-51.11%
23	PNW 4.75 06-15-27	Pinnacle West Capital	Stock-Utilities	1.54%	+1.54%	NEW
24	NEE 3 03-01-27	Nextera Energy Capital	Stock-Utilities	1.53%	—	-12.50%
25	HLF 4.25 06-15-28	Herbalife LTD	Stock-Other	1.50%	—	-23.81%
26	SNAP 0.5 05-01-30	Snap INC	Stock-Comm Services	1.49%	+1.49%	NEW
27	SPB 3.375 06-01-29	Spectrum Brands INC	Stock-Other	1.48%	+1.48%	NEW
28	AKAM 0.375 09-01-27	Akamai Technologies INC	Stock-Tech	1.43%	—	-30.43%
29	SNOW 0 10-01-29	Snowflake INC	Stock-Tech	1.36%	+1.11%	+600.00%
30	WDC 3 11-15-28	Western Digital CORP	Stock-Tech	1.05%	—	—
31	VAC 3.25 12-15-27	Marriott Vacation Worldw	Stock-Consumer Disc	0.99%	+0.99%	NEW
32	TE 5.25 12-01-30	T1 Energy INC	Stock-Other	0.96%	+0.96%	NEW
33	CRNC 1.5 07-01-28	Cerence INC	Stock-Other	0.85%	—	—
34	ARWR 0 01-15-32	Arrowhead Research CORP	Stock-Healthcare	0.78%	+0.78%	NEW
35	BSY 0.375 07-01-27	Bentley Systems	Stock-Tech	0.75%	+0.67%	+900.00%
36	LITE 1.5 12-15-29	Lumentum Holdings INC	Stock-Tech	0.75%	—	—
37	BOX 1.5 09-15-29	Box INC	Stock-Tech	0.72%	+0.72%	NEW
38	U	Unity Software INC	Stock-Tech	0.69%	—	+155.01%
39	XMTR 1 02-01-27	Xometry INC	Stock-Other	0.66%	—	—
40	PATK 1.75 12-01-28	Patrick Industries INC	Stock-Consumer Disc	0.66%	+0.66%	NEW
41	BA 6 10-15-27	Boeing Co/the	Stock-Industrials	0.64%	+0.64%	NEW
42	CSWC 5.125 11-15-29	Capital Southwest CORP	Stock-Other	0.63%	+0.63%	NEW
43	ARWR	Arrowhead Pharmaceuticals In	Stock-Healthcare	0.60%	—	—
44	IONS 1.75 06-15-28	Ionis Pharmaceuticals In	Stock-Healthcare	0.58%	-1.10%	-61.54%
45	GWRE	Guidewire Software INC	Stock-Tech	0.57%	—	—
46	BE	Bloom Energy Corp- A	Stock-Industrials	0.57%	—	-36.81%
47	FSLY	Fastly INC - Class A	Stock-Tech	0.57%	—	-16.29%
48	COIN	Coinbase Global INC -class A	Stock-Financials	0.57%	—	+290.38%
49	NVAX	Novavax INC	Stock-Healthcare	0.57%	—	-20.33%
50	SEI 0.25 10-01-31	Solaris Energy Infrastru	Stock-Energy	0.57%	-2.78%	-84.21%

1–50 of 150

Reported value over time

Sector allocation

Sector allocation over time

Quarterly history

Period	Holdings	Total value	Stability	Top holdings
2026-03-31	150	$126.6M	100	1ALRM 2.25 06-01-29 2WEC 4.375 06-01-27 3GPN 1.5 03-01-31 Top holdings2026-03-31 1.ALRM 2.25 06-01-29 2.WEC 4.375 06-01-27 3.GPN 1.5 03-01-31 4.BTU 3.25 03-01-28 5.NVST 1.75 08-15-28 6.JBLU 2.5 09-01-29 7.AKAM 1.125 02-15-29 8.MTSI 0 12-15-29 9.SMCI 2.25 07-15-28 10.WK 1.25 08-15-28
2025-12-31	145	$123.0M	0	1WK 1.25 08-15-28 2IMCR 2.5 02-01-30 3SEI 0.25 10-01-31 Top holdings2025-12-31 1.WK 1.25 08-15-28 2.IMCR 2.5 02-01-30 3.SEI 0.25 10-01-31 4.ALRM 2.25 06-01-29 5.SNOW 0 10-01-27 6.BMRN 1.25 05-15-27 7.EVRG 4.5 12-15-27 8.HAE 2.5 06-01-29 9.AKAM 1.125 02-15-29 10.GH 0 11-15-27

Holding changes this quarter

Ares Systematic Credit Ltd's most significant position changes for 2026-03-31: New buy: Global Payments INC (GPN 1.5 03-01-31); New buy: Peabody Energy CORP (BTU 3.25 03-01-28); Sold out: Biomarin Pharmaceutical (BMRN 1.25 05-15-27); Sold out: Haemonetics CORP (HAE 2.5 06-01-29); New buy: Macom Tech Solutions (MTSI 0 12-15-29).

Position changes disclosed by Ares Systematic Credit Ltd for the quarter ending 2026-03-31, including ticker, issuer, weight change, shares change, and action
#	Ticker	Issuer	Weight Change	Shares Change	Action
1	JBLU 2.5 09-01-29	Jetblue Airways CORP	+2.6%	+3600.00%	Add
2	FIVN 1 03-15-29	Five9 INC	+1.5%	+2200.00%	Add
3	WGO 3.25 01-15-30	Winnebago Industries	+1.5%	+2100.00%	Add
4	WEC 4.375 06-01-27	Wec Energy Group INC	+1.5%	+75.00%	Add
5	SNOW 0 10-01-29	Snowflake INC	+1.1%	+600.00%	Add
6	NVST 1.75 08-15-28	Envista Holdings CORP	+1%	+54.17%	Add
7	BSY 0.375 07-01-27	Bentley Systems	+0.7%	+900.00%	Add
8	AKAM 1.125 02-15-29	Akamai Technologies INC	+0.6%	+15.38%	Add
9	EVRG 4.5 12-15-27	Evergy INC	-0.8%	-36.00%	Trim
10	IONS 1.75 06-15-28	Ionis Pharmaceuticals In	-1.1%	-61.54%	Trim
11	AEIS 2.5 09-15-28	Advanced Energy Ind	-1.2%	-90.00%	Trim
12	U 0 11-15-26	Unity Software INC	-1.3%	-84.21%	Trim
13	GH 1.25 02-15-31	Guardant Health INC	-1.3%	-66.67%	Trim
14	WK 1.25 08-15-28	Workiva INC	-1.6%	-40.48%	Trim
15	ETSY 0.125 09-01-27	Etsy INC	-1.7%	-84.62%	Trim
16	OMCL 1 12-01-29	Omnicell INC	-1.7%	-95.00%	Trim
17	GH 0 11-15-27	Guardant Health INC	-1.7%	-82.61%	Trim
18	IMCR 2.5 02-01-30	Immunocore Holdings	-1.8%	-51.11%	Trim
19	SNOW 0 10-01-27	Snowflake INC	-2.6%	-91.30%	Trim
20	SEI 0.25 10-01-31	Solaris Energy Infrastru	-2.8%	-84.21%	Trim
21	GPN 1.5 03-01-31	Global Payments INC	—	NEW	New buy
22	BTU 3.25 03-01-28	Peabody Energy CORP	—	NEW	New buy
23	BMRN 1.25 05-15-27	Biomarin Pharmaceutical	—	EXIT	Sold out
24	HAE 2.5 06-01-29	Haemonetics CORP	—	EXIT	Sold out
25	MTSI 0 12-15-29	Macom Tech Solutions	—	NEW	New buy
26	SMCI 2.25 07-15-28	Super Micro Computer INC	—	NEW	New buy
27	BBIO 2.25 02-01-29	Bridgebio Pharma INC	—	EXIT	Sold out
28	DBX 0 03-01-28	Dropbox INC	—	EXIT	Sold out
29	✓	Dynavax Technol	—	EXIT	Sold out
30	RIVN 4.625 03-15-29	Rivian Auto INC	—	NEW	New buy
31	LCII 3 03-01-30	Lci Industries	—	NEW	New buy
32	ARRY 1 12-01-28	Array Technologies INC	—	EXIT	Sold out
33	IRTC 1.5 09-01-29	Irhythm Holdings INC	—	EXIT	Sold out
34	ATEC 0.75 03-15-30	Alphatec Holdings INC	—	NEW	New buy
35	PNW 4.75 06-15-27	Pinnacle West Capital	—	NEW	New buy
36	SNAP 0.5 05-01-30	Snap INC	—	NEW	New buy
37	SPB 3.375 06-01-29	Spectrum Brands INC	—	NEW	New buy
38	VAC 3.25 12-15-27	Marriott Vacation Worldw	—	NEW	New buy
39	TE 5.25 12-01-30	T1 Energy INC	—	NEW	New buy
40	ARWR 0 01-15-32	Arrowhead Research CORP	—	NEW	New buy
41	BBIO 2.5 03-15-27	Bridgebio Pharma INC	—	EXIT	Sold out
42	BOX 1.5 09-15-29	Box INC	—	NEW	New buy
43	BA	Boeing Co/the	—	EXIT	Sold out
44	PD 1.5 10-15-28 *	Pagerduty INC.	—	EXIT	Sold out
45	PATK 1.75 12-01-28	Patrick Industries INC	—	NEW	New buy
46	PI	Impinj INC	—	EXIT	Sold out
47	BA 6 10-15-27	Boeing Co/the	—	NEW	New buy
48	EXPE	Expedia Group INC	—	EXIT	Sold out
49	CSWC 5.125 11-15-29	Capital Southwest CORP	—	NEW	New buy
50	IONS	Ionis Pharmaceuticals INC	—	EXIT	Sold out

FAQ

What is Ares Systematic Credit Ltd and what type of investor is it?

Ares Systematic Credit Ltd is a investment manager that files SEC Form 13F quarterly, disclosing its U.S. public equity holdings to regulators. As of the most recent reporting period (2026-03-31), the firm manages a tracked equity portfolio valued at approximately $126.6M, spread across 150 disclosed positions.

What are Ares Systematic Credit Ltd's largest equity positions?

Based on the latest 13F filing, Ares Systematic Credit Ltd's top holdings by market value are: 1. Alarm.com Hldgs INC (ALRM 2.25 06-01-29) — $4.2M (3.4%) 2. Wec Energy Group INC (WEC 4.375 06-01-27) — $4.2M (3.3%) 3. Global Payments INC (GPN 1.5 03-01-31) — $4.1M (3.3%) 4. Peabody Energy CORP (BTU 3.25 03-01-28) — $3.8M (3.0%) 5. Envista Holdings CORP (NVST 1.75 08-15-28) — $3.7M (2.9%)

What changes did Ares Systematic Credit Ltd make in its most recent portfolio filing?

In the latest reported quarter, Ares Systematic Credit Ltd made 50 notable position adjustments: 17 new positions were initiated, 8 existing holdings were added to, 12 positions were partially reduced, and 13 were completely exited. The largest of these moves: New buy: Global Payments INC (GPN 1.5 03-01-31); New buy: Peabody Energy CORP (BTU 3.25 03-01-28); Sold out: Biomarin Pharmaceutical (BMRN 1.25 05-15-27); Sold out: Haemonetics CORP (HAE 2.5 06-01-29); New buy: Macom Tech Solutions (MTSI 0 12-15-29)

What sectors does Ares Systematic Credit Ltd focus on?

Ares Systematic Credit Ltd is concentrated in the following sectors based on its current disclosed equity portfolio: • Financials: 54.1% • Information Technology: 45.9%