Ares Systematic Credit Ltd

CIK

2135379

Location

LONDON, X0

Portfolio Value

Micro $22,763,617

Diversification

Diversified

Filing Date

Global Rank

#7,635 / 8,603 ▼ 55 · as of Mar 2026

Top Industry

Software - Application 32.5%

3Y Alpha vs SPY

+69.2%

Period ended 3 months ago

Filed May 15, 2026 · 55d

2 quarters · since Dec 2025

Clone Performance

Feb 2026–Jul 2026 · vs SPY

Hypothetical growth of cloning every reported 13F position and rebalancing on each filing, indexed to the same start.

Cloned portfolio

+29.2%

SPY

+10.0%

Annualised alpha

+63.4%

Max drawdown

−10.2%

Estimate. 13F holdings are quarter-lagged and long-only, so the clone rebalances about 45 days after each period end — when the filing becomes public — and excludes options and short positions. Past performance does not predict future results.

Portfolio Concentration

43 positions · as of Mar 31, 2026 · Δ vs Dec 31, 2025

Top Position

4.1%

−6.3 pts

Top 5

18.4%

−4.4 pts

Top 10

34.4%

−2.9 pts

HHI

274

Diversified−48

Portfolio Trend

2 quarters · across all stocks

Sector Breakdown

As of Mar 31, 2026

Sector	% Portfolio	Value	Positions
Technology	57.5%	$13,094,446	23
Healthcare	10.2%	$2,312,585	4
Financial Services	9.4%	$2,131,741	5
Industrials	8.2%	$1,875,901	3
Consumer Cyclical	6.1%	$1,394,084	4
Communication Services	3.2%	$730,494	1
Consumer Defensive	2.9%	$661,237	1
Energy	1.4%	$323,351	1
Utilities	1.1%	$239,778	1

Last Quarter's Activity

Export CSV

Mar 31, 2026 vs Dec 31, 2025

Added To

Positions the filer increased

9 positions

Ticker	Company	Δ Shares	Shares	Value
UPWK	Upwork, Inc	+29,223	66,651	$730,494
U	Unity Software Inc.	+25,707	42,291	$927,864
CRNC	Cerence Inc.	+14,667	77,666	$490,072
XYZ	Block, Inc.	+5,792	11,518	$693,153
QTWO	Q2 Holdings, Inc.	+4,087	15,296	$723,500
DBX	Dropbox, Inc.	+3,986	29,644	$673,511
SYNA	SYNAPTICS Inc	+3,892	8,433	$590,647
COIN	Coinbase Global, Inc.	+3,351	4,505	$786,618
SNOW	Snowflake Inc.	+1,194	4,623	$697,240
No positions match the current search.

Trimmed

Positions the filer reduced

10 positions

Ticker	Company	Δ Shares	Shares	Value
NVAX	Novavax Inc	−22,850	89,537	$728,831
DOCN	DigitalOcean Holdings, Inc.	−8,552	8,190	$702,538
SOFI	SoFi Technologies, Inc.	−8,528	10,156	$161,277
FSLY	Fastly, Inc.	−5,523	28,388	$824,955
ETSY	Etsy Inc	−4,756	9,562	$477,908
BE	Bloom Energy Corp	−3,531	6,062	$821,340
W	Wayfair Inc.	−3,335	4,421	$332,503
PTCT	Ptc Therapeutics, Inc.	−3,316	6,196	$422,133
SMTC	Semtech Corp	−1,669	9,172	$705,235
DDOG	Datadog, Inc.	−1,064	3,970	$468,658
No positions match the current search.

New Positions

Positions the filer opened this quarter

16 positions

Ticker	Company	Shares	Value
ARWR	Arrowhead Pharmaceuticals, Inc.	13,169	$825,696
GWRE	Guidewire Software, Inc.	5,005	$748,547
BILL	BILL Holdings, Inc.	18,818	$720,729
MKSI	Mks Inc	3,115	$715,858
DAVE	Dave Inc./DE	4,002	$696,708
WK	Workiva Inc	11,582	$690,634
HLF	Herbalife Ltd.	44,921	$661,237
XMTR	Xometry, Inc.	16,129	$658,708
MTSI	MACOM Technology Solutions Holdings, Inc.	2,589	$574,939
WULF	Terawulf Inc.	28,082	$405,223
ATRO	Astronics Corp	7,433	$395,853
WGO	Winnebago Industries Inc	10,562	$327,316
RIG	Transocean Ltd.	48,771	$323,351
AVT	Avnet Inc	4,549	$280,309
ZS	Zscaler, Inc.	1,385	$194,301
OKTA	Okta, Inc.	1,083	$85,242
No positions match the current search.

Sold Out

Positions the filer fully exited

24 positions

Ticker	Company	Shares	Value
BA	Boeing Co	13,142	$2,853,391
NEE	Nextera Energy Inc	11,809	$948,026
PI	Impinj Inc	4,747	$826,025
EXPE	Expedia Group, Inc.	2,858	$809,699
IONS	Ionis Pharmaceuticals Inc	9,916	$784,454
RNG	RingCentral, Inc.	26,650	$769,652
KKR	KKR & Co. Inc.	5,861	$747,160
VIAV	Viavi Solutions Inc.	41,923	$747,067
INVA	Innoviva, Inc.	31,252	$624,727
APO	Apollo Global Management, Inc.	3,483	$504,199
ALB	Albemarle Corp	2,580	$364,915
LYFT	Lyft, Inc.	14,649	$283,751
AEIS	Advanced Energy Industries Inc	1,225	$256,478
GRPN	Groupon, Inc.	13,464	$237,101
TRIP	TripAdvisor, Inc.	13,785	$200,709
MCHP	Microchip Technology Inc	2,453	$156,305
FOUR	Shift4 Payments, Inc.	1,591	$100,185
HPE	Hewlett Packard Enterprise Co	4,022	$96,608
PCG	PG&E Corp	4,180	$67,172
BTSG	BrightSpring Health Services, Inc.	1,498	$56,100
WFC	Wells Fargo & Company/Mn	550	$51,260
QXO	QXO, Inc.	1,265	$24,401
BAC	Bank Of America Corp /De/	408	$22,440
LITE	Lumentum Holdings Inc.	11	$4,054
No positions match the current search.

Portfolio Positions

Compact Export CSV View 13F filing

43 positions · $22,763,617 total · as of Mar 31, 2026

All sectors Communication Services Consumer Cyclical Consumer Defensive Energy Financial Services Healthcare Industrials Technology Utilities

Ticker	Company	Type	Shares	Δ Shares	Value (USD)	% Δ Value	% of Portfolio
U	Unity Software Inc. Technology	Added	42,291	+25,707	$927,864	+26.7%	4.08%
ARWR	Arrowhead Pharmaceuticals, Inc. Healthcare	NEW	13,169	NEW	$825,696	NEW	3.63%
FSLY	Fastly, Inc. Technology	Reduced	28,388	-5,523	$824,955	+139.0%	3.62%
BE	Bloom Energy Corp Industrials	Reduced	6,062	-3,531	$821,340	−1.5%	3.61%
COIN	Coinbase Global, Inc. Financial Services	Added	4,505	+3,351	$786,618	+201.4%	3.46%
GWRE	Guidewire Software, Inc. Technology	NEW	5,005	NEW	$748,547	NEW	3.29%
UPWK	Upwork, Inc Communication Services	Added	66,651	+29,223	$730,494	−1.5%	3.21%
NVAX	Novavax Inc Healthcare	Reduced	89,537	-22,850	$728,831	−3.5%	3.20%
QTWO	Q2 Holdings, Inc. Technology	Added	15,296	+4,087	$723,500	−10.6%	3.18%
BILL	BILL Holdings, Inc. Technology	NEW	18,818	NEW	$720,729	NEW	3.17%
MKSI	Mks Inc Technology	NEW	3,115	NEW	$715,858	NEW	3.14%
SMTC	Semtech Corp Technology	Reduced	9,172	-1,669	$705,235	−11.7%	3.10%
DOCN	DigitalOcean Holdings, Inc. Technology	Reduced	8,190	-8,552	$702,538	−12.8%	3.09%
SNOW	Snowflake Inc. Technology	Added	4,623	+1,194	$697,240	−7.3%	3.06%
DAVE	Dave Inc./DE Technology	NEW	4,002	NEW	$696,708	NEW	3.06%
XYZ	Block, Inc. Technology	Added	11,518	+5,792	$693,153	+86.0%	3.05%
WK	Workiva Inc Technology	NEW	11,582	NEW	$690,634	NEW	3.03%
DBX	Dropbox, Inc. Technology	Added	29,644	+3,986	$673,511	−5.6%	2.96%
HLF	Herbalife Ltd. Consumer Defensive	NEW	44,921	NEW	$661,237	NEW	2.90%
XMTR	Xometry, Inc. Industrials	NEW	16,129	NEW	$658,708	NEW	2.89%
SYNA	SYNAPTICS Inc Technology	Added	8,433	+3,892	$590,647	+75.7%	2.59%
MTSI	MACOM Technology Solutions Holdings, Inc. Technology	NEW	2,589	NEW	$574,939	NEW	2.53%
PRCH	Porch Group, Inc. Financial Services	Held	78,227	0	$560,887	−21.5%	2.46%
CRNC	Cerence Inc. Technology	Added	77,666	+14,667	$490,072	−27.2%	2.15%
ETSY	Etsy Inc Consumer Cyclical	Reduced	9,562	-4,756	$477,908	−39.8%	2.10%
FIVN	Five9, Inc. Technology	Held	31,262	0	$474,244	−24.3%	2.08%
DDOG	Datadog, Inc. Technology	Reduced	3,970	-1,064	$468,658	−31.5%	2.06%
PTCT	Ptc Therapeutics, Inc. Healthcare	Reduced	6,196	-3,316	$422,133	−41.6%	1.85%
WULF	Terawulf Inc. Financial Services	NEW	28,082	NEW	$405,223	NEW	1.78%
ATRO	Astronics Corp Industrials	NEW	7,433	NEW	$395,853	NEW	1.74%
COLL	Collegium Pharmaceutical, Inc Healthcare	Held	10,158	0	$335,925	−28.6%	1.48%
W	Wayfair Inc. Consumer Cyclical	Reduced	4,421	-3,335	$332,503	−57.3%	1.46%
WGO	Winnebago Industries Inc Consumer Cyclical	NEW	10,562	NEW	$327,316	NEW	1.44%
RIG	Transocean Ltd. Energy	NEW	48,771	NEW	$323,351	NEW	1.42%
PD	PagerDuty, Inc. Technology	Held	48,454	0	$300,899	−52.6%	1.32%
AVT	Avnet Inc Technology	NEW	4,549	NEW	$280,309	NEW	1.23%
PTON	Peloton Interactive, Inc. Consumer Cyclical	Held	59,757	0	$256,357	−30.4%	1.13%
XIFR	XPLR Infrastructure, LP Utilities	Held	22,578	0	$239,778	+6.2%	1.05%
AFRM	Affirm Holdings, Inc. Financial Services	Held	4,752	0	$217,736	−38.4%	0.96%
ZS	Zscaler, Inc. Technology	NEW	1,385	NEW	$194,301	NEW	0.85%
SOFI	SoFi Technologies, Inc. Financial Services	Reduced	10,156	-8,528	$161,277	−67.0%	0.71%
LIF	Life360, Inc. Technology	Held	2,809	0	$114,663	−36.4%	0.50%
OKTA	Okta, Inc. Technology	NEW	1,083	NEW	$85,242	NEW	0.37%