First Quadrant’s Ares Commercial Real Estate ACRE Stock Holding History

First Quadrant’s Portfolio ACRE Stock Details ACRE Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2017 Q2	–	Sell	-5,300	Closed	-$71K	–	895
2017 Q1	$71K	Hold	5,300	–	–	﹤0.01%	721
2016 Q4	$73K	Hold	5,300	–	–	﹤0.01%	733
2016 Q3	$67K	Hold	5,300	–	–	﹤0.01%	757
2016 Q2	$65K	Sell	5,300 -500	-9%	-$5.9K	﹤0.01%	683
2016 Q1	$64K	Buy	+5,800	New	+$60.4K	﹤0.01%	671

Other funds holding ACRE

BlackRock New York $5.72T AUM 30.48% 1-Year Est. Return

Boston Partners Boston, Massachusetts $95.5B AUM 28.4% 1-Year Est. Return

DFG

Delphi Financial Group Wilmington, Delaware $222M AUM 11.28% 1-Year Est. Return

Vanguard Group Malvern, Pennsylvania $6.9T AUM 27.45% 1-Year Est. Return

State Street Boston, Massachusetts $2.9T AUM 29.55% 1-Year Est. Return

AllianceBernstein Nashville, Tennessee $309B AUM 23.92% 1-Year Est. Return

Acadian Asset Management Boston, Massachusetts $70.5B AUM 36% 1-Year Est. Return

Morgan Stanley New York $1.66T AUM 25.57% 1-Year Est. Return

Wells Fargo San Francisco, California $530B AUM 22.01% 1-Year Est. Return

Nomura Holdings Tokyo, Japan $37.7B AUM 34.44% 1-Year Est. Return

First Quadrant's ACRE Position: Q2 2017 in Review

First Quadrant sold out of Ares Commercial Real Estate (ACRE) in Q2 2017, closing a stake of 5,300 shares — an estimated $71K sold.

First Quadrant first reported a position in ACRE in Q1 2016 and held it in 5 quarters. The position peaked at $73K in Q4 2016. 110 funds tracked by Wall St. Rank hold ACRE as of Q2 2017.

First Quadrant reported no remaining Ares Commercial Real Estate position as of Q2 2017 after selling out during the quarter.
First Quadrant sold 5,300 Ares Commercial Real Estate shares in Q2 2017, an estimated $71K.
First Quadrant first reported a position in Ares Commercial Real Estate in Q1 2016 and held it in 5 quarters.
First Quadrant's Ares Commercial Real Estate position peaked at $73K in Q4 2016.
110 funds tracked by Wall St. Rank held Ares Commercial Real Estate as of Q2 2017.

Based on First Quadrant's 13F filing for Q2 2017, filed 19 Jul 2017.