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ACRE

Ares Commercial Real Estate

142 hedge funds and large institutions have $237M invested in Ares Commercial Real Estate in 2023 Q4 according to their latest regulatory filings, with 21 funds opening new positions, 52 increasing their positions, 47 reducing their positions, and 17 closing their positions.

New
Increased
Maintained
Reduced
Closed

24% more first-time investments, than exits

New positions opened: 21 | Existing positions closed: 17

16% more capital invested

Capital invested by funds: $204M → $237M (+$33.5M)

11% more repeat investments, than reductions

Existing positions increased: 52 | Existing positions reduced: 47

2.77% more ownership

Funds ownership: 39.39%42.16% (+2.8%)

2% more funds holding

Funds holding: 139142 (+3)

10% more call options, than puts

Call options by funds: $1.6M | Put options by funds: $1.45M

Holders
142
Holders Change
+3
Holders Change %
+2.16%
% of All Funds
2.07%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
21
Increased
52
Reduced
47
Closed
17
Calls
$1.6M
Puts
$1.45M
Net Calls
+$144K
Net Calls Change
-$996K
Name Holding Trade Value Shares
Change
Change in
Stake
AAM
26
Advisors Asset Management
Colorado
$1.47M -$45.6K -4,628 -3%
RJFSA
27
Raymond James Financial Services Advisors
Florida
$1.42M +$340K +34,491 +34%
Lido Advisors
28
Lido Advisors
California
$1.39M +$1.28M +129,913 New
BA
29
Bard Associates
Illinois
$1.34M -$2.56K -260 -0.2%
Goldman Sachs
30
Goldman Sachs
New York
$1.32M -$26K -2,642 -2%
N
31
Nuveen
North Carolina
$1.24M +$8.81K +895 +0.8%
AIM
32
Access Investment Management
Georgia
$1.24M +$1.18M +119,390 New
CS
33
Credit Suisse
Switzerland
$1.18M +$278K +28,276 +33%
Cambridge Investment Research Advisors
34
Cambridge Investment Research Advisors
Iowa
$1.17M +$21K +2,130 +2%
Wells Fargo
35
Wells Fargo
California
$1.17M +$665K +67,499 +149%
Two Sigma Investments
36
Two Sigma Investments
New York
$1.16M -$327K -33,171 -23%
Citadel Advisors
37
Citadel Advisors
Florida
$1.13M +$458K +46,487 +74%
WT
38
Whittier Trust
California
$1.09M
JIC
39
Joel Isaacson & Co
New York
$1.06M
Swiss National Bank
40
Swiss National Bank
Switzerland
$1.05M -$126K -12,800 -11%
Tudor Investment Corp
41
Tudor Investment Corp
Connecticut
$948K +$310K +31,478 +52%
RhumbLine Advisers
42
RhumbLine Advisers
Massachusetts
$855K -$13.6K -1,377 -2%
UBS AM
43
UBS AM
Illinois
$855K +$76.9K +7,811 +10%
LPL Financial
44
LPL Financial
California
$850K -$22.1K -2,244 -3%
Barclays
45
Barclays
United Kingdom
$842K +$620K +62,963 +344%
A
46
AlphaQuest
New York
$676K +$643K +65,265 New
Royal Bank of Canada
47
Royal Bank of Canada
Ontario, Canada
$659K +$4.26K +433 +0.7%
ADMI
48
Albert D. Mason Inc
Massachusetts
$649K -$551 -56 -0.1%
PCM
49
Penserra Capital Management
California
$607K +$68.7K +6,980 +14%
Osaic Holdings
50
Osaic Holdings
Arizona
$598K -$62.8K -6,381 -10%

ACRE Hedge Fund Activity: Q4 2023 in Review

142 of the 6,859 institutional investors tracked by Wall St. Rank reported a position in Ares Commercial Real Estate (ACRE) for Q4 2023, worth a combined $237M — up 16% from $204M a quarter earlier.

Buyers outnumbered sellers: 21 funds opened new ACRE positions and 17 closed out — a net gain of 4 holders — while 52 added to existing stakes and 47 trimmed.

The largest buyer was Invesco, adding an estimated $10.2M. The largest seller was Millennium Management, cutting an estimated $8.84M.

  • 142 institutional investors held Ares Commercial Real Estate (ACRE) as of Q4 2023, up from 139 in Q3 2023.
  • Funds reported $237M of Ares Commercial Real Estate stock for Q4 2023, up 16% quarter-over-quarter.
  • 21 funds opened new Ares Commercial Real Estate positions in Q4 2023 and 17 closed out, a net change of +4 holders.
  • The largest Ares Commercial Real Estate buyer in Q4 2023 was Invesco, an estimated $10.2M added.
  • The largest Ares Commercial Real Estate seller in Q4 2023 was Millennium Management, an estimated $8.84M sold.

Based on aggregated 13F filings for Q4 2023.