Punch & Associates Investment Management’s Ares Commercial Real Estate ACRE Stock Holding History

Punch & Associates Investment Management’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
2015 Q3	–	Sell
2015 Q2	$3.12M	Sell
2015 Q1	$3.32M	Sell
2014 Q4	$4.11M	Buy
2014 Q3	$3.95M	Buy
2014 Q2	$4.16M	Buy
2014 Q1	$4.5M	Buy
2013 Q4	$650K	Buy