Ares Commercial Real Estate
ACRE
154 hedge funds and large institutions have $182M invested in Ares Commercial Real Estate in 2024 Q1 according to their latest regulatory filings, with 36 funds opening new positions, 39 increasing their positions, 62 reducing their positions, and 23 closing their positions.
57% more first-time investments, than exits
New positions opened: 36 | Existing positions closed: 23
8% more funds holding
Funds holding: 142 → 154 (+12)
2.02% more ownership
Funds ownership: 42.16% → 44.18% (+2%)
23% less capital invested
Capital invested by funds: $237M → $182M (-$55.4M)
37% less repeat investments, than reductions
Existing positions increased: 39 | Existing positions reduced: 62
61% less call options, than puts
Call options by funds: $1.01M | Put options by funds: $2.56M
Top Buyers
| 1 |
Balyasny Asset Management
Chicago,
Illinois
|
+$9.48M |
| 2 |
Hotchkis & Wiley Capital Management
Los Angeles,
California
|
+$6.12M |
| 3 |
Invesco
Atlanta,
Georgia
|
+$5.64M |
| 4 |
DIA
Dana Investment Advisors
Waukesha,
Wisconsin
|
+$4.82M |
| 5 |
Citadel Advisors
Miami,
Florida
|
+$1.59M |
Top Sellers
| 1 |
MOS
MGO One Seven
Beachwood,
Ohio
|
-$4.64M |
| 2 |
Morgan Stanley
New York
|
-$3.9M |
| 3 |
Wellington Management Group
Boston,
Massachusetts
|
-$1.36M |
| 4 |
BlackRock
New York
|
-$1.33M |
| 5 |
Millennium Management
New York
|
-$1.28M |
ACRE Hedge Fund Activity: Q1 2024 in Review
154 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in Ares Commercial Real Estate (ACRE) for Q1 2024, worth a combined $182M — down 23% from $237M a quarter earlier.
Buyers outnumbered sellers: 36 funds opened new ACRE positions and 23 closed out — a net gain of 13 holders — while 39 added to existing stakes and 62 trimmed.
The largest buyer was Balyasny Asset Management, opening a new position worth an estimated $9.48M. The largest seller was MGO One Seven, cutting an estimated $4.64M.
- 154 institutional investors held Ares Commercial Real Estate (ACRE) as of Q1 2024, up from 142 in Q4 2023.
- Funds reported $182M of Ares Commercial Real Estate stock for Q1 2024, down 23% quarter-over-quarter.
- 36 funds opened new Ares Commercial Real Estate positions in Q1 2024 and 23 closed out, a net change of +13 holders.
- The largest Ares Commercial Real Estate buyer in Q1 2024 was Balyasny Asset Management, an estimated $9.48M added.
- The largest Ares Commercial Real Estate seller in Q1 2024 was MGO One Seven, an estimated $4.64M sold.
Based on aggregated 13F filings for Q1 2024.