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ACRE

Ares Commercial Real Estate

133 hedge funds and large institutions have $296M invested in Ares Commercial Real Estate in 2021 Q1 according to their latest regulatory filings, with 27 funds opening new positions, 48 increasing their positions, 36 reducing their positions, and 15 closing their positions.

New
Increased
Maintained
Reduced
Closed

437% more call options, than puts

Call options by funds: $2.15M | Put options by funds: $401K

80% more first-time investments, than exits

New positions opened: 27 | Existing positions closed: 15

33% more repeat investments, than reductions

Existing positions increased: 48 | Existing positions reduced: 36

32% more capital invested

Capital invested by funds: $225M → $296M (+$71.7M)

9% more funds holding

Funds holding: 122133 (+11)

2.92% less ownership

Funds ownership: 56.4%53.48% (-2.9%)

33% less funds holding in top 10

Funds holding in top 10: 32 (-1)

Holders
133
Holders Change
+11
Holders Change %
+9.02%
% of All Funds
2.34%
Holding in Top 10
2
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-33.33%
% of All Funds
0.04%
New
27
Increased
48
Reduced
36
Closed
15
Calls
$2.15M
Puts
$401K
Net Calls
+$1.75M
Net Calls Change
+$273K
Name Holding Trade Value Shares
Change
Change in
Stake
Two Sigma Investments
26
Two Sigma Investments
New York
$2.61M +$1.52M +116,180 +158%
State of New Jersey Common Pension Fund D
27
State of New Jersey Common Pension Fund D
New Jersey
$2.58M -$562K -42,974 -19%
Renaissance Technologies
28
Renaissance Technologies
New York
$2.54M +$2.42M +185,166 New
CCM
29
CAAS Capital Management
New York
$2.52M +$2.4M +183,897 New
MWNA
30
Marshall Wace North America
New York
$2.43M +$2.32M +177,144 New
ECM
31
Element Capital Management
New York
$2.35M +$2.24M +171,096 New
AAM
32
Advisors Asset Management
Colorado
$2.17M -$122K -9,311 -6%
Bank of New York Mellon
33
Bank of New York Mellon
New York
$2.14M +$119K +9,071 +6%
Morgan Stanley
34
Morgan Stanley
New York
$1.99M +$1.03M +78,495 +117%
MPAM
35
Monarch Partners Asset Management
Massachusetts
$1.83M +$443K +33,875 +34%
Goldman Sachs
36
Goldman Sachs
New York
$1.64M -$933K -71,351 -37%
JIC
37
Joel Isaacson & Co
New York
$1.58M +$11.9K +908 +0.8%
BA
38
Bard Associates
Illinois
$1.57M -$13.1K -1,000 -0.9%
Bank of America
39
Bank of America
North Carolina
$1.49M -$754K -57,707 -35%
Swiss National Bank
40
Swiss National Bank
Switzerland
$1.3M +$307K +23,500 +33%
Prudential Financial
41
Prudential Financial
New Jersey
$1.2M -$177K -13,558 -13%
RJFSA
42
Raymond James Financial Services Advisors
Florida
$1.17M +$66.1K +5,060 +6%
Charles Schwab
43
Charles Schwab
California
$1.1M +$68.8K +5,265 +7%
Royal Bank of Canada
44
Royal Bank of Canada
Ontario, Canada
$928K -$66.7K -5,106 -7%
SFI
45
Susquehanna Fundamental Investments
Pennsylvania
$923K +$683K +52,218 +346%
California Public Employees Retirement System
46
California Public Employees Retirement System
California
$867K -$80.5K -6,157 -9%
UBS Group
47
UBS Group
Switzerland
$863K +$92.6K +7,085 +13%
PPA
48
Parametric Portfolio Associates
Washington
$737K -$11.3K -863 -2%
Tudor Investment Corp
49
Tudor Investment Corp
Connecticut
$699K +$47K +3,595 +8%
FNT
50
First National Trust
Pennsylvania
$694K +$247K +18,887 +60%

ACRE Hedge Fund Activity: Q1 2021 in Review

133 of the 5,695 institutional investors tracked by Wall St. Rank reported a position in Ares Commercial Real Estate (ACRE) for Q1 2021, worth a combined $296M — up 32% from $225M a quarter earlier.

Buyers outnumbered sellers: 27 funds opened new ACRE positions and 15 closed out — a net gain of 12 holders — while 48 added to existing stakes and 36 trimmed.

The largest buyer was 1832 Asset Management, opening a new position worth an estimated $10.1M. The largest seller was Steamboat Capital Partners, exiting entirely with an estimated $10.3M sold.

  • 133 institutional investors held Ares Commercial Real Estate (ACRE) as of Q1 2021, up from 122 in Q4 2020.
  • Funds reported $296M of Ares Commercial Real Estate stock for Q1 2021, up 32% quarter-over-quarter.
  • 27 funds opened new Ares Commercial Real Estate positions in Q1 2021 and 15 closed out, a net change of +12 holders.
  • The largest Ares Commercial Real Estate buyer in Q1 2021 was 1832 Asset Management, an estimated $10.1M added.
  • The largest Ares Commercial Real Estate seller in Q1 2021 was Steamboat Capital Partners, an estimated $10.3M sold.

Based on aggregated 13F filings for Q1 2021.