Ares funds cut Savers Value Village (SVV) stake in single 2026 sale
Rhea-AI Filing Summary
Ares-affiliated entities that are ten percent owners of Savers Value Village, Inc. (SVV) reported an indirect sale of 23,000,000 shares of common stock on 2026-08-13 at $10.25 per share. After this transaction, they report 94,449,188 shares indirectly held through various Ares-managed funds and an account. The Ares entities state they may be deemed to share beneficial ownership of the reported securities but disclaim beneficial ownership of shares not held of record by them, including 1,760,937 managed shares. The filing indicates the transaction was not made pursuant to a Rule 10b5-1 trading plan.
Positive
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Negative
- None.
Insights
Analyzing...
Insider Trade Summary
Net Seller: 23,000,000 shares
Net Sell
1 txn
Insider
ARES MANAGEMENT LLC, Ares Partners Holdco LLC, Ares Voting LLC, Ares Management GP LLC, Ares Management Corp, Ares Holdco LLC, Ares Management Holdings L.P.
Role
10% Owner | 10% Owner | 10% Owner | 10% Owner | 10% Owner | 10% Owner | 10% Owner
Sold
23,000,000 shs ($235.75M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock F1, F2, F3 | 23,000,000 | $10.25 | $235.75M |
Holdings After Transaction:
Common Stock — 94,449,188 shares (Indirect, See footnotes)
Footnotes (3)
- F1. Following the transactions reported herein, includes 53,083,382 shares held by Ares Corporate Opportunities Fund V, L.P. ("ACOF V"), 5,435,262 shares held by ASSF IV AIV B Holdings III, L.P. ("ASSF IV AIV Holdings"), 7,945,865 shares held by ASSF IV AIV B, L.P. ("ASSF IV AIV") and 26,223,742 shares held by ASOF Holdings I, L.P. ("ASOF Holdings I"). Also includes 1,760,937 shares (the "Managed Shares") held by an account managed by ASSF Operating Manager IV, L.P. with respect to which the Ares Entities (as defined below) may be deemed to have shared voting or dispositive power. The Ares Entities disclaim beneficial ownership of the Managed Shares for purposes of Section 16 and this report shall not be deemed an admission that any of the Ares Entities are the beneficial owner of the Managed Shares for purposes of Section 16 or for any other purpose.
- F2. Ares Partners Holdco LLC ("Ares Partners") is the sole member of each of Ares Voting LLC and Ares Management GP LLC, which are respectively the holders of the Class B and Class C common stock of Ares Management Corporation ("Ares Management"), which common stock allows them, collectively, to generally have the majority of the votes on any matter submitted to the stockholders of Ares Management if certain conditions are met. Ares Management is the sole member of Ares Holdco LLC, which is the general partner of Ares Management Holdings L.P., which is the sole member of Ares Management LLC, which is: (i) the sole member of ACOF Investment Management LLC, which is the manager of ACOF V; (ii) the general partner of ASSF Operating Manager IV, L.P., which is the manager of each of ASSF IV AIV Holdings and ASSF IV AIV; and (iii) the sole member of ASOF Investment Management LLC, which is the manager of ASOF Holdings I. We refer to all of the foregoing entities collectively as the Ares Entities
- F3. Each of the Ares Entities may be deemed to share beneficial ownership of the securities reported herein, but each disclaims any such beneficial ownership of securities not held of record by them. Ares Partners is managed by a board of managers, which is composed of Michael J Arougheti, R. Kipp deVeer, David B. Kaplan, Antony P. Ressler and Bennett Rosenthal (collectively, the "Board Members"). Mr. Ressler generally has veto authority over Board Members' decisions. Each of these individuals disclaims beneficial ownership of the securities that may be deemed to be beneficially owned by Ares Partners.
Key Figures
Shares sold: 23,000,000 shares
Sale price per share: $10.25 per share
Shares held after transaction: 94,449,188 shares
+3 more
6 metrics
Shares sold
23,000,000 shares
Non-derivative sale of SVV common stock on 2026-08-13
Sale price per share
$10.25 per share
Price for the 23,000,000 SVV shares sold
Shares held after transaction
94,449,188 shares
Indirect SVV common stock holdings reported post-transaction
ACOF V SVV holdings
53,083,382 shares
SVV shares held by Ares Corporate Opportunities Fund V, L.P.
ASOF Holdings I SVV holdings
26,223,742 shares
SVV shares held by ASOF Holdings I, L.P.
Managed Shares
1,760,937 shares
SVV shares in an account managed by ASSF Operating Manager IV, L.P.
Key Terms
beneficial ownership, ten percent owner, Section 16, Class B common stock, +1 more
5 terms
beneficial ownership financial
"Each of the Ares Entities may be deemed to share beneficial ownership"
Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.
ten percent owner financial
"reporting persons are indicated as a ten percent owner of the issuer"
Section 16 regulatory
"disclaim beneficial ownership of the Managed Shares for purposes of Section 16"
Section 16 is a U.S. securities law rule that governs the trading and disclosure obligations of company insiders — typically officers, directors and large shareholders — to promote transparency and deter unfair profit-taking. It requires insiders to publicly report their stock trades and allows companies or the issuer to reclaim quick, short-term profits from certain insider trades, like a scoreboard and a refund policy that help investors see and limit possible insider advantage.
Class B common stock financial
"Ares Voting LLC and Ares Management GP LLC, which are respectively the holders of the Class B common stock"
A class B common stock is one of multiple types of a company’s ordinary shares that carries specific rights—often different voting power or dividend priority—compared with other classes. For investors it matters because those differences affect how much influence you have over company decisions, the income you might receive, and how freely the shares trade; think of it like owning a car with different keys: some keys let you start the engine and open the trunk, others only unlock the door.
dispositive power financial
"may be deemed to have shared voting or dispositive power"
Dispositive power is the authority to decide the final outcome of an asset, legal claim, contract, or corporate action — in effect the power to dispose of or resolve something. For investors it matters because whoever holds that authority can determine who gets paid, who controls an asset or vote, and how risks and returns are allocated; think of it like holding the key that lets you lock in the winner or loser in a deal.
FAQ
Was the SVV insider sale by Ares entities under a Rule 10b5-1 trading plan?
The filing indicates the Rule 10b5-1 checkbox is not checked, so the reported sale was not affirmatively identified as being made under a Rule 10b5-1 trading plan. No footnote states that the trade was plan-based.
Why are multiple Ares entities listed as ten percent owners in the SVV Form 4?
Multiple Ares entities are listed because of a tiered ownership structure where Ares Management Corp and its affiliates control managers and general partners of the funds holding SVV shares. Each may be deemed to share beneficial ownership and provides related disclaimers.
AI-generated analysis. How Rhea-AI works. Not financial advice.
