Dan Loeb's activist hedge fund, Third Point, revealed a new position in Ares Management Corporation (ARES) in its latest portfolio disclosure. The filing, which reflects holdings as of June 30, 2026, showed the firm acquired 375,000 shares valued at approximately $41.74 million. This new stake accounts for 0.89% of Third Point's reported portfolio.
This disclosure comes from a quarterly 13F filing with the SEC, meaning the investment was made at some point during the second quarter of 2026 and is not a real-time trade. The period was strong for Ares, as the alternative investment manager reported record fundraising and robust financial results for the quarter. No specific commentary from Dan Loeb on the new investment has been made public.