{
 "company": "Ares Management",
 "ticker": "ARES",
 "page": "https://www.moatshark.com/s/ares",
 "note": "Source: SEC filings via moatshark. Values and changes are estimates; not investment advice.",
 "holders": [
  {
   "manager": "Vulcan Value Partners",
   "moatshark_slug": "vulcan-value-partners",
   "period": "2026-06-30",
   "portfolio_pct": 6.45,
   "value_usd": 211776180,
   "change": "ADD",
   "share_change_pct": 12.5,
   "quarters_held": 16
  },
  {
   "manager": "Brave Warrior Advisors",
   "moatshark_slug": "brave-warrior-advisors",
   "period": "2026-06-30",
   "portfolio_pct": 0,
   "value_usd": 0,
   "change": "EXIT",
   "share_change_pct": null,
   "quarters_held": 1
  }
 ]
}