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ACRE

Ares Commercial Real Estate

77 hedge funds and large institutions have $176M invested in Ares Commercial Real Estate in 2013 Q3 according to their latest regulatory filings, with 23 funds opening new positions, 37 increasing their positions, 9 reducing their positions, and 12 closing their positions.

New
Increased
Maintained
Reduced
Closed

311% more repeat investments, than reductions

Existing positions increased: 37 | Existing positions reduced: 9

92% more first-time investments, than exits

New positions opened: 23 | Existing positions closed: 12

50% more funds holding in top 10

Funds holding in top 10: 23 (+1)

17% more funds holding

Funds holding: 6677 (+11)

16% more capital invested

Capital invested by funds: $153M → $176M (+$23.8M)

7.45% more ownership

Funds ownership: 43.77%51.22% (+7.4%)

75% less call options, than puts

Call options by funds: $808K | Put options by funds: $3.18M

Holders
77
Holders Change
+11
Holders Change %
+16.67%
% of All Funds
2.5%
Holding in Top 10
3
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+50%
% of All Funds
0.1%
New
23
Increased
37
Reduced
9
Closed
12
Calls
$808K
Puts
$3.18M
Net Calls
-$2.37M
Net Calls Change
-$2.5M
Name Holding Trade Value Shares
Change
Change in
Stake
State Board of Administration of Florida Retirement System
51
State Board of Administration of Florida Retirement System
Florida
$295K
RhumbLine Advisers
52
RhumbLine Advisers
Massachusetts
$258K +$265K +20,762 New
CIM
53
Confluence Investment Management
Missouri
$249K
PPA
54
Parametric Portfolio Associates
Washington
$231K +$237K +18,569 New
LPC
55
Loeb Partners Corp
New York
$227K
MLICM
56
Metropolitan Life Insurance Company (MetLife)
New York
$225K +$231K +18,077 New
NFA
57
Nationwide Fund Advisors
Ohio
$213K +$145K +11,364 +197%
DTL
58
Dynamic Technology Lab
Singapore
$203K +$209K +16,364 New
JG
59
Jefferies Group
New York
$199K +$205K +16,023 New
IA
60
IndexIQ Advisors
New York
$191K +$196K +15,364 New
Susquehanna International Group
61
Susquehanna International Group
Pennsylvania
$190K +$196K +15,310 New
ProShare Advisors
62
ProShare Advisors
Maryland
$169K +$174K +13,591 New
CP
63
Camelot Portfolios
Ohio
$149K +$153K +11,957 New
ST
64
Spot Trading
Illinois
$143K +$147K +11,469 New
BA
65
BlackRock Advisors
Delaware
$123K +$86.1K +6,740 +212%
SO
66
STRS Ohio
Ohio
$121K +$72.8K +5,697 +142%
Citigroup
67
Citigroup
New York
$68K -$48.6K -3,806 -41%
Barclays
68
Barclays
United Kingdom
$68K +$1.93K +151 +3%
AIG
69
American International Group
New York
$59.3K -$6.83K -535 -10%
Group One Trading
70
Group One Trading
Illinois
$53K +$54.3K +4,252 New
TRCT
71
Tower Research Capital (TRC)
New York
$43K +$44.2K +3,461 New
Ameriprise
72
Ameriprise
Minnesota
$35K +$29.9K +2,343 +528%
WRM
73
Westport Resources Management
Connecticut
$31K -$2.56K -200 -7%
U
74
UBS
Switzerland
$26K +$26.4K +2,064 New
California Public Employees Retirement System
75
California Public Employees Retirement System
California
$11K +$6.39K +500 +125%

ACRE Hedge Fund Activity: Q3 2013 in Review

77 of the 3,084 institutional investors tracked by Wall St. Rank reported a position in Ares Commercial Real Estate (ACRE) for Q3 2013, worth a combined $176M — up 16% from $153M a quarter earlier.

Buyers outnumbered sellers: 23 funds opened new ACRE positions and 12 closed out — a net gain of 11 holders — while 37 added to existing stakes and 9 trimmed.

The largest buyer was Wellington Management Group, adding an estimated $17.4M. The largest seller was Credit Suisse, cutting an estimated $12.3M.

  • 77 institutional investors held Ares Commercial Real Estate (ACRE) as of Q3 2013, up from 66 in Q2 2013.
  • Funds reported $176M of Ares Commercial Real Estate stock for Q3 2013, up 16% quarter-over-quarter.
  • 23 funds opened new Ares Commercial Real Estate positions in Q3 2013 and 12 closed out, a net change of +11 holders.
  • The largest Ares Commercial Real Estate buyer in Q3 2013 was Wellington Management Group, an estimated $17.4M added.
  • The largest Ares Commercial Real Estate seller in Q3 2013 was Credit Suisse, an estimated $12.3M sold.

Based on aggregated 13F filings for Q3 2013.