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ACRE

Ares Commercial Real Estate

139 hedge funds and large institutions have $150M invested in Ares Commercial Real Estate in 2024 Q2 according to their latest regulatory filings, with 23 funds opening new positions, 58 increasing their positions, 44 reducing their positions, and 36 closing their positions.

New
Increased
Maintained
Reduced
Closed

32% more repeat investments, than reductions

Existing positions increased: 58 | Existing positions reduced: 44

2.85% less ownership

Funds ownership: 44.18%41.33% (-2.8%)

10% less funds holding

Funds holding: 154139 (-15)

17% less capital invested

Capital invested by funds: $182M → $150M (-$31.3M)

36% less first-time investments, than exits

New positions opened: 23 | Existing positions closed: 36

74% less call options, than puts

Call options by funds: $559K | Put options by funds: $2.17M

Holders
139
Holders Change
-15
Holders Change %
-9.74%
% of All Funds
2.01%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
23
Increased
58
Reduced
44
Closed
36
Calls
$559K
Puts
$2.17M
Net Calls
-$1.61M
Net Calls Change
-$66K
Name Holding Trade Value Shares
Change
Change in
Stake
N
26
Nuveen
North Carolina
$796K
Bank of America
27
Bank of America
North Carolina
$731K -$184K -26,633 -19%
BFWM
28
Bright Futures Wealth Management
New York
$694K +$65.5K +9,464 +11%
Ameriprise
29
Ameriprise
Minnesota
$692K +$235K +33,978 +48%
JIC
30
Joel Isaacson & Co
New York
$681K
ZIM
31
Zacks Investment Management
Illinois
$619K +$643K +93,019 New
KAM
32
Knightsbridge Asset Management
California
$613K +$638K +92,184 New
RhumbLine Advisers
33
RhumbLine Advisers
Massachusetts
$575K +$12.4K +1,797 +2%
AIM
34
Access Investment Management
Georgia
$570K +$79.6K +11,500 +15%
Victory Capital Management
35
Victory Capital Management
Texas
$562K +$65.7K +9,500 +13%
KAS
36
Kestra Advisory Services
Texas
$552K -$3.22K -465 -0.6%
Cambridge Investment Research Advisors
37
Cambridge Investment Research Advisors
Iowa
$518K -$265K -38,285 -33%
Jane Street
38
Jane Street
New York
$479K +$92K +13,303 +23%
Susquehanna International Group
39
Susquehanna International Group
Pennsylvania
$453K -$143K -20,633 -23%
AllianceBernstein
40
AllianceBernstein
Tennessee
$431K +$114K +16,500 +34%
SIC
41
Samalin Investment Counsel
New York
$413K +$167K +24,211 +64%
RJFSA
42
Raymond James Financial Services Advisors
Florida
$368K +$33.2K +4,804 +10%
II
43
Inspire Investing
Idaho
$356K +$34.1K +4,926 +10%
T. Rowe Price Associates
44
T. Rowe Price Associates
Maryland
$355K +$14K +2,021 +4%
Qube Research & Technologies (QRT)
45
Qube Research & Technologies (QRT)
United Kingdom
$326K -$94.3K -13,628 -22%
Osaic Holdings
46
Osaic Holdings
Arizona
$318K -$226K -32,624 -41%
Wells Fargo
47
Wells Fargo
California
$281K -$237K -34,297 -45%
Manulife (Manufacturers Life Insurance)
48
Manulife (Manufacturers Life Insurance)
Ontario, Canada
$276K +$19.2K +2,769 +7%
EH
49
Equitable Holdings
New York
$266K +$69.2K +10,000 +33%
FNT
50
First National Trust
Pennsylvania
$265K

ACRE Hedge Fund Activity: Q2 2024 in Review

139 of the 6,924 institutional investors tracked by Wall St. Rank reported a position in Ares Commercial Real Estate (ACRE) for Q2 2024, worth a combined $150M — down 17% from $182M a quarter earlier.

Sellers outnumbered buyers: 36 funds closed out of ACRE and 23 opened new positions — a net loss of 13 holders — while 44 trimmed existing stakes and 58 added.

The largest buyer was Invesco, adding an estimated $2.3M. The largest seller was Mirae Asset Global Investments, exiting entirely with an estimated $7.11M sold.

  • 139 institutional investors held Ares Commercial Real Estate (ACRE) as of Q2 2024, down from 154 in Q1 2024.
  • Funds reported $150M of Ares Commercial Real Estate stock for Q2 2024, down 17% quarter-over-quarter.
  • 23 funds opened new Ares Commercial Real Estate positions in Q2 2024 and 36 closed out, a net change of -13 holders.
  • The largest Ares Commercial Real Estate buyer in Q2 2024 was Invesco, an estimated $2.3M added.
  • The largest Ares Commercial Real Estate seller in Q2 2024 was Mirae Asset Global Investments, an estimated $7.11M sold.

Based on aggregated 13F filings for Q2 2024.