State of New Jersey Common Pension Fund D’s Ares Commercial Real Estate ACRE Stock Holding History

State of New Jersey Common Pension Fund D’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
2022 Q4	–	Sell	-176,055	Closed	-$1.84M	–	1680
2022 Q3	$1.84M	Buy	+176,055	New	+$2.28M	0.01%	1530
2021 Q2	–	Sell	-187,744	Closed	-$2.58M	–	1776
2021 Q1	$2.58M	Sell	187,744 -42,974	-19%	-$562K	0.01%	1264
2020 Q4	$2.75M	Buy	230,718 +4,087	+2%	+$43.7K	0.01%	1184
2020 Q3	$2.07M	Sell	226,631 -56,750	-20%	-$532K	0.01%	1331
2020 Q2	$2.58M	Buy	+283,381	New	+$2.21M	0.01%	992
2015 Q4	–	Sell	-55,000	Closed	-$659K	–	982
2015 Q3	$659K	Hold	55,000	–	–	﹤0.01%	880
2015 Q2	$626K	Sell	55,000 -45,000	-45%	-$518K	﹤0.01%	883
2015 Q1	$1.1M	Hold	100,000	–	–	﹤0.01%	841
2014 Q4	$1.15M	Hold	100,000	–	–	﹤0.01%	857
2014 Q3	$1.17M	Hold	100,000	–	–	﹤0.01%	810
2014 Q2	$1.24M	Buy	+100,000	New	+$1.27M	﹤0.01%	798

Other funds holding ACRE

BlackRock New York $6.73T AUM 46.02% 1-Year Est. Return

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

JP Morgan Chase New York $1.56T AUM 27.86% 1-Year Est. Return

1832 Asset Management Toronto, Ontario, Canada $109B AUM 35.56% 1-Year Est. Return

Mirae Asset Global Investments Seoul, South Korea $67.7B AUM 51.91% 1-Year Est. Return

State Street Boston, Massachusetts $3.37T AUM 44.26% 1-Year Est. Return

Boston Partners Boston, Massachusetts $113B AUM 38.87% 1-Year Est. Return

Geode Capital Management Boston, Massachusetts $1.61T AUM 30.72% 1-Year Est. Return

Wellington Management Group Boston, Massachusetts $535B AUM 26.23% 1-Year Est. Return

SGCIA

Smith Graham & Co Investment Advisors Houston, Texas $868M AUM 24.69% 1-Year Est. Return

State of New Jersey Common Pension Fund D's ACRE Position: Q4 2022 in Review

State of New Jersey Common Pension Fund D sold out of Ares Commercial Real Estate (ACRE) in Q4 2022, closing a stake of 176,055 shares — an estimated $1.84M sold.

State of New Jersey Common Pension Fund D first reported a position in ACRE in Q2 2014 and held it in 11 quarters. The position peaked at $2.75M in Q4 2020. 151 funds tracked by Wall St. Rank hold ACRE as of Q4 2022.

State of New Jersey Common Pension Fund D reported no remaining Ares Commercial Real Estate position as of Q4 2022 after selling out during the quarter.
State of New Jersey Common Pension Fund D sold 176,055 Ares Commercial Real Estate shares in Q4 2022, an estimated $1.84M.
State of New Jersey Common Pension Fund D first reported a position in Ares Commercial Real Estate in Q2 2014 and held it in 11 quarters.
State of New Jersey Common Pension Fund D's Ares Commercial Real Estate position peaked at $2.75M in Q4 2020.
151 funds tracked by Wall St. Rank held Ares Commercial Real Estate as of Q4 2022.

Based on State of New Jersey Common Pension Fund D's 13F filing for Q4 2022, filed 1 Feb 2023.