RIM
ACRE

RS Investment Management’s Ares Commercial Real Estate ACRE Stock Holding History

RS 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
2016
Q2 		$25.3M Sell
2,059,199
-200,799
-9% -$2.37M 0.26% 140
2016
Q1 		$24.7M Sell
2,259,998
-345,035
-13% -$3.59M 0.24% 142
2015
Q4 		$29.8M Buy
2,605,033
+290,469
+13% +$3.59M 0.27% 133
2015
Q3 		$27.8M Buy
2,314,564
+570,822
+33% +$7.01M 0.25% 148
2015
Q2 		$19.9M Sell
1,743,742
-59,260
-3% -$682K 0.17% 194
2015
Q1 		$19.9M Buy
1,803,002
+84,435
+5% +$999K 0.18% 185
2014
Q4 		$19.7M Buy
1,718,567
+1,116
+0.1% +$13.2K 0.18% 191
2014
Q3 		$20.1M Sell
1,717,451
-29,569
-2% -$367K 0.19% 169
2014
Q2 		$21.7M Buy
1,747,020
+172,490
+11% +$2.19M 0.18% 167
2014
Q1 		$21.1M Buy
+1,574,530
New +$21.1M 0.12% 184

Other funds holding ACRE

Boston Partners
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
BFA
BlackRock Fund Advisors San Francisco, California $542B AUM 18.13% 1-Year Est. Return
Acadian Asset Management
Acadian Asset Management Boston, Massachusetts $70.5B AUM 36% 1-Year Est. Return
Vanguard Group
Vanguard Group Malvern, Pennsylvania $6.9T AUM 27.45% 1-Year Est. Return
AllianceBernstein
AllianceBernstein Nashville, Tennessee $309B AUM 23.92% 1-Year Est. Return
State Street
State Street Boston, Massachusetts $2.9T AUM 29.55% 1-Year Est. Return
Morgan Stanley
Morgan Stanley New York $1.66T AUM 25.57% 1-Year Est. Return
Wells Fargo
Wells Fargo San Francisco, California $501B AUM 22.01% 1-Year Est. Return
BIT
BlackRock Institutional Trust San Francisco, California $675B AUM 16.07% 1-Year Est. Return