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ACRE

Ares Commercial Real Estate

100 hedge funds and large institutions have $253M invested in Ares Commercial Real Estate in 2018 Q3 according to their latest regulatory filings, with 3 funds opening new positions, 46 increasing their positions, 32 reducing their positions, and 10 closing their positions.

New
Increased
Maintained
Reduced
Closed

44% more repeat investments, than reductions

Existing positions increased: 46 | Existing positions reduced: 32

2% more capital invested

Capital invested by funds: $249M → $253M (+$4.41M)

0.2% more ownership

Funds ownership: 62.98%63.17% (+0.2%)

0% more funds holding in top 10

Funds holding in top 10: 22 (0)

8% less funds holding

Funds holding: 109100 (-9)

70% less first-time investments, than exits

New positions opened: 3 | Existing positions closed: 10

Holders
100
Holders Change
-9
Holders Change %
-8.26%
% of All Funds
2.29%
Holding in Top 10
2
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.05%
New
3
Increased
46
Reduced
32
Closed
10
Calls
$15K
Puts
Net Calls
+$15K
Net Calls Change
+$125K
Name Holding Trade Value Shares
Change
Change in
Stake
Deutsche Bank
26
Deutsche Bank
Germany
$2.42M +$1.15M +81,426 +89%
Renaissance Technologies
27
Renaissance Technologies
New York
$2.41M +$1.83M +128,800 +295%
DM
28
Delphi Management
Massachusetts
$2.37M -$132K -9,282 -5%
Thrivent Financial for Lutherans
29
Thrivent Financial for Lutherans
Minnesota
$2.34M -$10.2K -720 -0.4%
PPA
30
Parametric Portfolio Associates
Washington
$2.27M -$19.2K -1,356 -0.8%
Bank of New York Mellon
31
Bank of New York Mellon
New York
$1.9M +$14.2K +999 +0.7%
Allianz Asset Management
32
Allianz Asset Management
Germany
$1.86M +$1.45M +102,336 +333%
BA
33
Bard Associates
Illinois
$1.81M -$2.13K -150 -0.1%
Invesco
34
Invesco
Georgia
$1.64M -$19.3K -1,360 -1%
Two Sigma Advisers
35
Two Sigma Advisers
New York
$1.32M +$76.6K +5,400 +6%
Two Sigma Investments
36
Two Sigma Investments
New York
$1.28M -$81.8K -5,771 -6%
ACM
37
Ativo Capital Management
Illinois
$1.26M -$85 -6 -0%
JIC
38
Joel Isaacson & Co
New York
$1.21M +$3.96K +279 +0.3%
Goldman Sachs
39
Goldman Sachs
New York
$1.15M +$242K +17,085 +26%
CHAM
40
Clear Harbor Asset Management
Connecticut
$1.05M -$1.34M -94,345 -56%
GIM
41
Greenwich Investment Management
Connecticut
$1.04M +$47.5K +3,350 +5%
Mackenzie Financial
42
Mackenzie Financial
Ontario, Canada
$957K +$212K +14,939 +28%
Royal Bank of Canada
43
Royal Bank of Canada
Ontario, Canada
$853K +$5.51K +389 +0.6%
Charles Schwab
44
Charles Schwab
California
$844K +$21.3K +1,500 +3%
CP
45
Camelot Portfolios
Ohio
$823K +$3.13K +221 +0.4%
TA
46
Teachers Advisors
New York
$808K -$8.48K -598 -1%
Citadel Advisors
47
Citadel Advisors
Florida
$765K +$342K +24,141 +79%
California Public Employees Retirement System
48
California Public Employees Retirement System
California
$708K -$44.4K -3,134 -6%
DCM
49
Dupont Capital Management
Delaware
$696K
OAM
50
Oxford Asset Management
United Kingdom
$659K

ACRE Hedge Fund Activity: Q3 2018 in Review

100 of the 4,374 institutional investors tracked by Wall St. Rank reported a position in Ares Commercial Real Estate (ACRE) for Q3 2018, worth a combined $253M — up 1.8% from $249M a quarter earlier.

Sellers outnumbered buyers: 10 funds closed out of ACRE and 3 opened new positions — a net loss of 7 holders — while 32 trimmed existing stakes and 46 added.

The largest buyer was Acadian Asset Management, adding an estimated $4.73M. The largest seller was AllianceBernstein, cutting an estimated $2.24M.

  • 100 institutional investors held Ares Commercial Real Estate (ACRE) as of Q3 2018, down from 109 in Q2 2018.
  • Funds reported $253M of Ares Commercial Real Estate stock for Q3 2018, up 1.8% quarter-over-quarter.
  • 3 funds opened new Ares Commercial Real Estate positions in Q3 2018 and 10 closed out, a net change of -7 holders.
  • The largest Ares Commercial Real Estate buyer in Q3 2018 was Acadian Asset Management, an estimated $4.73M added.
  • The largest Ares Commercial Real Estate seller in Q3 2018 was AllianceBernstein, an estimated $2.24M sold.

Based on aggregated 13F filings for Q3 2018.