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ACRE

Ares Commercial Real Estate

122 hedge funds and large institutions have $225M invested in Ares Commercial Real Estate in 2020 Q4 according to their latest regulatory filings, with 26 funds opening new positions, 34 increasing their positions, 41 reducing their positions, and 15 closing their positions.

New
Increased
Maintained
Reduced
Closed

725% more call options, than puts

Call options by funds: $1.68M | Put options by funds: $204K

200% more funds holding in top 10

Funds holding in top 10: 13 (+2)

73% more first-time investments, than exits

New positions opened: 26 | Existing positions closed: 15

34% more capital invested

Capital invested by funds: $168M → $225M (+$56.7M)

9% more funds holding

Funds holding: 112122 (+10)

0.67% more ownership

Funds ownership: 55.73%56.4% (+0.67%)

17% less repeat investments, than reductions

Existing positions increased: 34 | Existing positions reduced: 41

Holders
122
Holders Change
+10
Holders Change %
+8.93%
% of All Funds
2.16%
Holding in Top 10
3
Holding in Top 10 Change
+2
Holding in Top 10 Change %
+200%
% of All Funds
0.05%
New
26
Increased
34
Reduced
41
Closed
15
Calls
$1.68M
Puts
$204K
Net Calls
+$1.48M
Net Calls Change
+$264K
Name Holding Trade Value Shares
Change
Change in
Stake
N
26
Nuveen
North Carolina
$1.86M +$3.58K +335 +0.2%
Bank of New York Mellon
27
Bank of New York Mellon
New York
$1.75M -$31.7K -2,969 -2%
BA
28
Bard Associates
Illinois
$1.37M -$1.07K -100 -0.1%
JIC
29
Joel Isaacson & Co
New York
$1.36M -$4.87K -456 -0.4%
Prudential Financial
30
Prudential Financial
New Jersey
$1.21M +$367K +34,345 +51%
MPAM
31
Monarch Partners Asset Management
Massachusetts
$1.19M +$1.07M +99,800 New
MSL
32
Mackay Shields LLC
New York
$1.08M -$592K -55,400 -38%
RJFSA
33
Raymond James Financial Services Advisors
Florida
$956K -$27K -2,530 -3%
Charles Schwab
34
Charles Schwab
California
$895K +$6.53K +611 +0.8%
BFM
35
Boothbay Fund Management
New York
$892K -$107K -9,990 -12%
Two Sigma Investments
36
Two Sigma Investments
New York
$878K -$381K -35,694 -33%
Royal Bank of Canada
37
Royal Bank of Canada
Ontario, Canada
$867K +$50.1K +4,690 +7%
Swiss National Bank
38
Swiss National Bank
Switzerland
$849K
California Public Employees Retirement System
39
California Public Employees Retirement System
California
$826K -$13.9K -1,300 -2%
Morgan Stanley
40
Morgan Stanley
New York
$796K +$141K +13,238 +25%
JIR
41
James Investment Research
Ohio
$690K
UBS Group
42
UBS Group
Switzerland
$665K -$39.5K -3,695 -6%
PPA
43
Parametric Portfolio Associates
Washington
$650K +$20.5K +1,923 +4%
AC
44
Apogem Capital
New York
$621K +$557K +52,166 New
RhumbLine Advisers
45
RhumbLine Advisers
Massachusetts
$616K +$68.2K +6,380 +14%
Deutsche Bank
46
Deutsche Bank
Germany
$575K +$10.4K +973 +2%
T. Rowe Price Associates
47
T. Rowe Price Associates
Maryland
$570K +$229K +21,400 +81%
Tudor Investment Corp
48
Tudor Investment Corp
Connecticut
$564K +$245K +22,952 +94%
California State Teachers Retirement System (CalSTRS)
49
California State Teachers Retirement System (CalSTRS)
California
$552K -$11.5K -1,074 -2%
WG
50
Winton Group
United Kingdom
$547K -$1.2M -112,170 -71%

ACRE Hedge Fund Activity: Q4 2020 in Review

122 of the 5,651 institutional investors tracked by Wall St. Rank reported a position in Ares Commercial Real Estate (ACRE) for Q4 2020, worth a combined $225M — up 34% from $168M a quarter earlier.

Buyers outnumbered sellers: 26 funds opened new ACRE positions and 15 closed out — a net gain of 11 holders — while 34 added to existing stakes and 41 trimmed.

The largest buyer was Invesco, adding an estimated $8.46M. The largest seller was Steamboat Capital Partners, cutting an estimated $8.42M.

  • 122 institutional investors held Ares Commercial Real Estate (ACRE) as of Q4 2020, up from 112 in Q3 2020.
  • Funds reported $225M of Ares Commercial Real Estate stock for Q4 2020, up 34% quarter-over-quarter.
  • 26 funds opened new Ares Commercial Real Estate positions in Q4 2020 and 15 closed out, a net change of +11 holders.
  • The largest Ares Commercial Real Estate buyer in Q4 2020 was Invesco, an estimated $8.46M added.
  • The largest Ares Commercial Real Estate seller in Q4 2020 was Steamboat Capital Partners, an estimated $8.42M sold.

Based on aggregated 13F filings for Q4 2020.