Ares Systematic Credit Ltd

Registered adviser

CIK

2135379

Location

LONDON, X0

Portfolio Value

Micro $50,040,579

Diversification

Diversified

Filing Date

Global Rank

#8,595 / 8,819 ▲ 80

Top Industry

Software - Application 18.8%

Period ended 4 months ago

Filed Aug 14, 2026 · 3mo

3 quarters · since Dec 2025

Regulatory profile

From Form ADV, the SEC filer profile, 13D/13G type codes and N-CEN, never from the name.

Holder type

Registered adviser

Form ADV roster, Oct 1, 2026

Form ADV adviser

CRD 307090

Roster of Oct 1, 2026

Regulatory AUM

$9,893,083,586

Main clients

Diversified

Private funds

1 fund · Hedge funds

Focus by fund count, roster of Oct 1, 2026

$4,805,965,997 gross assets

LEI

213800VGTO11VEN4HZ47

Private funds on Schedule D 7.B.(1)

As filed Mar 25, 2024; SEC's bulk Form ADV archive ends with 2024 filings.

$6,787,305,464 gross assets in 2 funds Hedge funds $6,787,305,464 (2)

Form ADV history

Monthly rosters from Dec 2019; each row is a run with the same figures, newest first.

Rosters	Regulatory AUM	Main clients
Apr 2026 to Oct 2026	$9,893,083,586	Diversified
Apr 2025 to Mar 2026	$11,114,184,261	Pooled investment vehicles (61%)
Apr 2024 to Mar 2025	$7,865,770,003	Pooled investment vehicles (88%)
May 2023 to Mar 2024	$7,613,850,543	Pooled investment vehicles (91%)
Apr 2023	$7,613,850,543	Pooled investment vehicles (91%)
Apr 2022 to Mar 2023	$7,010,560,201	Pooled investment vehicles (87%)

2 earlier changes not shown.

Portfolio style

Measured from the filed 13F common-share book for Jun 30, 2026, never from the firm's own description.

Style

Diversified active

Top 10 weight 20.7%, 82.2 effective positions, active share 90.7% against the S&P MidCap 400 as of 2026-06-30; it meets none of the index-like, systematic-like or concentrated tests

Turnover

Turnover unknown

It needs four straight quarters of measured turnover

Horizon

Short horizon

Value-weighted holding period 1.7 quarters (under 4)

Closest benchmark: the S&P MidCap 400 as of 2026-06-30, active share 90.7%; sector active share 28.9% against the combined 13F book's sector weights.

Over time 3 measured quarters

How the bands are measured

Style bands measure the filed 13F common-share book each closed quarter, tested in this order. Unknown: under $10,000,000 of valued equity or 5 stocks. Index-like (100+ stocks): active share of 20% or less against the closest benchmark, which is the S&P 500, S&P MidCap 400, S&P SmallCap 600, Russell 1000, Russell 2000, Nasdaq-100 or Dow Jones Industrial Average (weighted by an index-tracking fund's reported holdings or the index's constituents nearest the quarter end, over the names resolved to companies, and only when those are 90%+ of its weight) or every 13F filer's combined book, or index series holding 80%+ of the registered fund assets it advises (N-CEN) and equal to 50%+ of its book. Systematic-like: 500+ stocks, 100%+ annual turnover and a top 10 weight of 25% or less. Concentrated: a top 10 weight of 60%+ or 12 or fewer effective positions. Diversified active: none of these. Turnover is the smaller of buys and sells over average equity value, summed over four quarters: low under 30%, high 100%+. Horizon is the value-weighted number of quarters each position has been held: short under 4, long 12+.

Clone Performance

Build a hypothetical price-return history from this filer's public 13F holdings.

View clone backtest

Portfolio Concentration

143 tracked positions · as of Jun 30, 2026 · Δ vs Mar 31, 2026

Top Position

2.5%

−1.4 pts

Top 5

10.9%

−7.0 pts

Top 10

20.7%

−12.8 pts

HHI

122

Diversified−141

Portfolio Trend

3 quarters · across all stocks

Sector Breakdown

As of Jun 30, 2026

Sector	% Portfolio	Value	Positions
Technology	44.6%	$22,323,086	41
Industrials	13.7%	$6,842,704	23
Consumer Cyclical	11.2%	$5,585,838	23
Healthcare	8.4%	$4,201,547	14
Energy	5.5%	$2,754,445	12
Real Estate	5.0%	$2,517,735	9
Financial Services	4.1%	$2,059,605	6
Basic Materials	2.8%	$1,418,544	7
Consumer Defensive	2.7%	$1,355,967	3
Communication Services	1.5%	$752,045	3
Utilities	0.5%	$229,063	2

Last Quarter's Activity

Export CSV

Jun 30, 2026 vs Mar 31, 2026

Added To

Positions the filer increased

11 positions

Ticker	Company	Δ Shares	Shares	Value
HLF	Herbalife Ltd.	+17,847	62,768	$825,399
FSLY	Fastly, Inc.	+13,386	41,774	$766,970
RIG	Transocean Ltd.	+11,541	60,312	$294,925
WK	Workiva Inc	+7,480	19,062	$924,697
BILL	BILL Holdings, Inc.	+7,398	26,216	$947,970
AVT	Avnet Inc	+6,202	10,751	$954,903
DBX	Dropbox, Inc.	+4,749	34,393	$944,775
GWRE	Guidewire Software, Inc.	+2,785	7,790	$958,559
PD	PagerDuty, Inc.	+1,574	50,028	$482,770
FIVN	Five9, Inc.	+839	32,101	$684,393
COLL	Collegium Pharmaceutical, Inc	+194	10,352	$374,742
No positions match the current search.

Trimmed

Positions the filer reduced

19 positions

Ticker	Company	Δ Shares	Shares	Value
WULF	Terawulf Inc.	−28,079	3	$74
CRNC	Cerence Inc.	−16,238	61,428	$695,364
PRCH	Porch Group, Inc.	−12,838	65,389	$983,450
NVAX	Novavax Inc	−9,382	80,155	$755,060
U	Unity Software Inc.	−9,021	33,270	$950,856
SYNA	SYNAPTICS Inc	−8,285	148	$18,386
XMTR	Xometry, Inc.	−7,351	8,778	$847,252
SMTC	Semtech Corp	−4,004	5,168	$836,440
ETSY	Etsy Inc	−3,865	5,697	$429,155
ATRO	Astronics Corp	−3,442	3,991	$324,308
MCHPP	Microchip Technology Inc	−3,133	2,747	$210,722
W	Wayfair Inc.	−2,970	1,451	$134,101
BE	Bloom Energy Corp	−2,632	3,430	$1,038,261
DOCN	DigitalOcean Holdings, Inc.	−1,897	6,293	$988,189
COIN	Coinbase Global, Inc.	−1,780	2,725	$398,367
DAVE	Dave Inc.	−1,444	2,558	$953,085
SNOW	Snowflake Inc.	−880	3,743	$952,593
XYZ	Block, Inc.	−443	11,075	$841,700
DDOG	Datadog, Inc.	−179	3,791	$987,024
No positions match the current search.

New Positions

Positions the filer opened this quarter

25 positions

Ticker	Company	Shares	Value
CIEN	Ciena Corp	2,567	$1,259,267
ON	On Semiconductor Corp	10,628	$1,004,771
SITM	SITIME Corp	1,326	$988,612
MCHP	Microchip Technology Inc	10,578	$964,713
BAND	Bandwidth Inc.	14,303	$905,379
AEIS	Advanced Energy Industries Inc	2,263	$843,804
UBER	Uber Technologies, Inc	7,159	$516,593
PEB	Pebblebrook Hotel Trust	26,607	$516,441
OUT	OUTFRONT Media Inc.	14,457	$473,611
WT	WisdomTree, Inc.	27,517	$466,137
XHR	Xenia Hotels & Resorts, Inc.	21,767	$443,176
VSXY	Victoria's Secret & Co.	5,049	$421,490
VIAV	Viavi Solutions Inc.	8,811	$420,725
ADPT	Adaptive Biotechnologies Corp	19,359	$415,251
GHC	Graham Holdings Co	362	$413,194
WWW	Wolverine World Wide Inc	24,772	$409,481
VAC	MARRIOTT VACATIONS WORLDWIDE Corp	3,952	$402,629
NET	Cloudflare, Inc.	1,623	$398,089
COMP	Compass, Inc.	32,012	$394,707
CENX	Century Aluminum Co	8,254	$379,766
OMCL	Omnicell, Inc.	9,142	$379,575
THC	Tenet Healthcare Corp	2,026	$379,024
VFC	V F Corp	22,285	$371,713
HQY	Healthequity, Inc.	4,100	$370,312
SAH	Sonic Automotive Inc	4,328	$366,971
No positions match the current search.

Sold Out

Positions the filer fully exited

13 positions

Ticker	Company	Shares	Value
ARWR	Arrowhead Pharmaceuticals, Inc.	13,169	$825,696
QTWO	Q2 Holdings, Inc.	15,296	$723,500
MKSI	Mks Inc	3,115	$715,858
MTSI	MACOM Technology Solutions Holdings, Inc.	2,589	$574,939
PTCT	Ptc Therapeutics, Inc.	6,196	$422,133
WGO	Winnebago Industries Inc	10,562	$327,316
PTON	Peloton Interactive, Inc.	59,757	$256,357
XIFR	XPLR Infrastructure, LP	22,578	$239,778
AFRM	Affirm Holdings, Inc.	4,752	$217,736
ZS	Zscaler, Inc.	1,385	$194,301
SOFI	SoFi Technologies, Inc.	10,156	$161,277
LIF	Life360, Inc.	2,809	$114,663
OKTA	Okta, Inc.	1,083	$85,242
No positions match the current search.

Portfolio Positions

Compact Export CSV View 13F filing

143 tracked positions · $50,040,579 total · filing declares 242 positions · $164,730,818 · as of Jun 30, 2026

All sectors Basic Materials Communication Services Consumer Cyclical Consumer Defensive Energy Financial Services Healthcare Industrials Real Estate Technology Utilities

Showing 1–50 of 143 positions by value · page 1 of 3

Ticker	Company	Type	Shares	Δ Shares	Value (USD)	% Δ Value	Held (qtrs)	Est. cost/share	% of Portfolio
CIEN	Ciena Corp Technology	NEW	2,567	NEW	$1,259,267	NEW	1	$509.94	2.52%
BE	Bloom Energy Corp Industrials	Reduced	3,430	-2,632	$1,038,261	+26.4%	3	before history	2.07%
ON	On Semiconductor Corp Technology	NEW	10,628	NEW	$1,004,771	NEW	1	$102.53	2.01%
SITM	SITIME Corp Technology	NEW	1,326	NEW	$988,612	NEW	1	$630.55	1.98%
DOCN	DigitalOcean Holdings, Inc. Technology	Reduced	6,293	-1,897	$988,189	+40.7%	3	before history	1.97%
DDOG	Datadog, Inc. Technology	Reduced	3,791	-179	$987,024	+110.6%	3	before history	1.97%
PRCH	Porch Group, Inc. Financial Services	Reduced	65,389	-12,838	$983,450	+75.3%	3	before history	1.97%
MCHP	Microchip Technology Inc Technology	NEW	10,578	NEW	$964,713	NEW	1	$89.18	1.93%
GWRE	Guidewire Software, Inc. Technology	Added	7,790	+2,785	$958,559	+28.1%	2	$145.43	1.92%
AVT	Avnet Inc Technology	Added	10,751	+6,202	$954,903	+240.7%	2	$72.34	1.91%
DAVE	Dave Inc. Technology	Reduced	2,558	-1,444	$953,085	+36.8%	2	$194.15	1.90%
SNOW	Snowflake Inc. Technology	Reduced	3,743	-880	$952,593	+36.6%	3	before history	1.90%
U	Unity Software Inc. Technology	Reduced	33,270	-9,021	$950,856	+2.5%	3	before history	1.90%
BILL	BILL Holdings, Inc. Technology	Added	26,216	+7,398	$947,970	+31.5%	2	$42.50	1.89%
DBX	Dropbox, Inc. Technology	Added	34,393	+4,749	$944,775	+40.3%	3	before history	1.89%
WK	Workiva Inc Technology	Added	19,062	+7,480	$924,697	+33.9%	2	$62.59	1.85%
BAND	Bandwidth Inc. Technology	NEW	14,303	NEW	$905,379	NEW	1	$44.87	1.81%
XMTR	Xometry, Inc. Industrials	Reduced	8,778	-7,351	$847,252	+28.6%	2	$53.13	1.69%
AEIS	Advanced Energy Industries Inc Industrials	NEW	2,263	NEW	$843,804	NEW	1	$349.69	1.69%
XYZ	Block, Inc. Technology	Reduced	11,075	-443	$841,700	+21.4%	3	before history	1.68%
SMTC	Semtech Corp Technology	Reduced	5,168	-4,004	$836,440	+18.6%	3	before history	1.67%
HLF	Herbalife Ltd. Consumer Defensive	Added	62,768	+17,847	$825,399	+24.8%	2	$15.61	1.65%
FSLY	Fastly, Inc. Technology	Added	41,774	+13,386	$766,970	−7.0%	3	before history	1.53%
NVAX	Novavax Inc Healthcare	Reduced	80,155	-9,382	$755,060	+3.6%	3	before history	1.51%
CRNC	Cerence Inc. Technology	Reduced	61,428	-16,238	$695,364	+41.9%	3	before history	1.39%
FIVN	Five9, Inc. Technology	Added	32,101	+839	$684,393	+44.3%	3	before history	1.37%
UPWK	Upwork, Inc Communication Services	Held	66,651	0	$557,202	−23.7%	3	before history	1.11%
UBER	Uber Technologies, Inc Technology	NEW	7,159	NEW	$516,593	NEW	1	$73.33	1.03%
PEB	Pebblebrook Hotel Trust Real Estate	NEW	26,607	NEW	$516,441	NEW	1	$15.41	1.03%
PD	PagerDuty, Inc. Technology	Added	50,028	+1,574	$482,770	+60.4%	3	before history	0.96%
OUT	OUTFRONT Media Inc. Real Estate	NEW	14,457	NEW	$473,611	NEW	1	$31.03	0.95%
WT	WisdomTree, Inc. Financial Services	NEW	27,517	NEW	$466,137	NEW	1	$17.71	0.93%
XHR	Xenia Hotels & Resorts, Inc. Real Estate	NEW	21,767	NEW	$443,176	NEW	1	$17.27	0.89%
ETSY	Etsy Inc Consumer Cyclical	Reduced	5,697	-3,865	$429,155	−10.2%	3	before history	0.86%
VSXY	Victoria's Secret & Co. Consumer Cyclical	NEW	5,049	NEW	$421,490	NEW	1	$59.94	0.84%
VIAV	Viavi Solutions Inc. Technology	NEW	8,811	NEW	$420,725	NEW	1	$47.91	0.84%
ADPT	Adaptive Biotechnologies Corp Healthcare	NEW	19,359	NEW	$415,251	NEW	1	unpriced	0.83%
GHC	Graham Holdings Co Industrials	NEW	362	NEW	$413,194	NEW	1	$1,124.27	0.83%
WWW	Wolverine World Wide Inc Consumer Cyclical	NEW	24,772	NEW	$409,481	NEW	1	$16.90	0.82%
VAC	MARRIOTT VACATIONS WORLDWIDE Corp Consumer Cyclical	NEW	3,952	NEW	$402,629	NEW	1	$80.08	0.80%
COIN	Coinbase Global, Inc. Financial Services	Reduced	2,725	-1,780	$398,367	−49.4%	3	before history	0.80%
NET	Cloudflare, Inc. Technology	NEW	1,623	NEW	$398,089	NEW	1	$218.77	0.80%
COMP	Compass, Inc. Real Estate	NEW	32,012	NEW	$394,707	NEW	1	$8.33	0.79%
CENX	Century Aluminum Co Basic Materials	NEW	8,254	NEW	$379,766	NEW	1	$60.16	0.76%
OMCL	Omnicell, Inc. Healthcare	NEW	9,142	NEW	$379,575	NEW	1	$40.31	0.76%
THC	Tenet Healthcare Corp Healthcare	NEW	2,026	NEW	$379,024	NEW	1	$183.85	0.76%
COLL	Collegium Pharmaceutical, Inc Healthcare	Added	10,352	+194	$374,742	+11.6%	3	before history	0.75%
VFC	V F Corp Consumer Cyclical	NEW	22,285	NEW	$371,713	NEW	1	$17.88	0.74%
HQY	Healthequity, Inc. Healthcare	NEW	4,100	NEW	$370,312	NEW	1	$84.77	0.74%
SAH	Sonic Automotive Inc Consumer Cyclical	NEW	4,328	NEW	$366,971	NEW	1	$76.78	0.73%

Showing the top 50 of 143 positions. Create a free account to see every position, past quarters, search, filters and CSV export.

Covers the securities this platform tracks: U.S.-listed common stock and the put/call positions reported on it. A 13F can also report security types outside that coverage — preferred shares, bonds, warrants, untracked share classes — so the filing's own declared total can exceed the figures above. The source filing is linked at the top of this table.