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ACRE

Ares Commercial Real Estate

112 hedge funds and large institutions have $248M invested in Ares Commercial Real Estate in 2017 Q1 according to their latest regulatory filings, with 10 funds opening new positions, 42 increasing their positions, 44 reducing their positions, and 17 closing their positions.

New
Increased
Maintained
Reduced
Closed

0% more funds holding in top 10

Funds holding in top 10: 11 (0)

0.6% less ownership

Funds ownership: 65.6%65% (-0.6%)

3% less capital invested

Capital invested by funds: $256M → $248M (-$8.89M)

5% less repeat investments, than reductions

Existing positions increased: 42 | Existing positions reduced: 44

10% less funds holding

Funds holding: 124112 (-12)

41% less first-time investments, than exits

New positions opened: 10 | Existing positions closed: 17

75% less call options, than puts

Call options by funds: $29K | Put options by funds: $118K

Holders
112
Holders Change
-12
Holders Change %
-9.68%
% of All Funds
2.79%
Holding in Top 10
1
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.02%
New
10
Increased
42
Reduced
44
Closed
17
Calls
$29K
Puts
$118K
Net Calls
-$89K
Net Calls Change
-$89K
Name Holding Trade Value Shares
Change
Change in
Stake
Two Sigma Investments
51
Two Sigma Investments
New York
$725K -$211K -15,639 -22%
California State Teachers Retirement System (CalSTRS)
52
California State Teachers Retirement System (CalSTRS)
California
$709K -$31K -2,300 -4%
California Public Employees Retirement System
53
California Public Employees Retirement System
California
$650K +$326K +24,200 +99%
Royal Bank of Canada
54
Royal Bank of Canada
Ontario, Canada
$603K -$64K -4,746 -10%
Susquehanna International Group
55
Susquehanna International Group
Pennsylvania
$600K -$236K -17,491 -28%
Charles Schwab
56
Charles Schwab
California
$561K
Citigroup
57
Citigroup
New York
$528K -$286K -21,173 -35%
MERSOM
58
Municipal Employees' Retirement System of Michigan
Michigan
$506K
ARTA
59
A.R.T. Advisors
New York
$492K -$87.7K -6,502 -15%
Goldman Sachs
60
Goldman Sachs
New York
$459K -$198K -14,654 -30%
JP Morgan Chase
61
JP Morgan Chase
New York
$449K -$417K -30,911 -48%
Deutsche Bank
62
Deutsche Bank
Germany
$439K +$136K +10,061 +44%
RhumbLine Advisers
63
RhumbLine Advisers
Massachusetts
$427K +$11.3K +836 +3%
AM
64
Ares Management
California
$380K +$134K +9,912 +54%
UBS Group
65
UBS Group
Switzerland
$376K -$66K -4,895 -15%
IA
66
IndexIQ Advisors
New York
$371K +$41.4K +3,071 +12%
American Century Companies
67
American Century Companies
Missouri
$354K
CA
68
Corrado Advisors
New Jersey
$351K -$162K -12,017 -31%
T. Rowe Price Associates
69
T. Rowe Price Associates
Maryland
$342K
New York State Common Retirement Fund
70
New York State Common Retirement Fund
New York
$330K +$13 +1 +0%
State Board of Administration of Florida Retirement System
71
State Board of Administration of Florida Retirement System
Florida
$318K -$573K -42,507 -64%
Mackenzie Financial
72
Mackenzie Financial
Ontario, Canada
$316K +$105K +7,754 +49%
First Trust Advisors
73
First Trust Advisors
Illinois
$314K -$115K -8,493 -27%
Manulife (Manufacturers Life Insurance)
74
Manulife (Manufacturers Life Insurance)
Ontario, Canada
$307K +$34.3K +2,546 +12%
Principal Financial Group
75
Principal Financial Group
Iowa
$283K

ACRE Hedge Fund Activity: Q1 2017 in Review

112 of the 4,017 institutional investors tracked by Wall St. Rank reported a position in Ares Commercial Real Estate (ACRE) for Q1 2017, worth a combined $248M — down 3.5% from $256M a quarter earlier.

Sellers outnumbered buyers: 17 funds closed out of ACRE and 10 opened new positions — a net loss of 7 holders — while 44 trimmed existing stakes and 42 added.

The largest buyer was BlackRock, adding an estimated $37.2M. The largest seller was AllianceBernstein, cutting an estimated $2.33M.

  • 112 institutional investors held Ares Commercial Real Estate (ACRE) as of Q1 2017, down from 124 in Q4 2016.
  • Funds reported $248M of Ares Commercial Real Estate stock for Q1 2017, down 3.5% quarter-over-quarter.
  • 10 funds opened new Ares Commercial Real Estate positions in Q1 2017 and 17 closed out, a net change of -7 holders.
  • The largest Ares Commercial Real Estate buyer in Q1 2017 was BlackRock, an estimated $37.2M added.
  • The largest Ares Commercial Real Estate seller in Q1 2017 was AllianceBernstein, an estimated $2.33M sold.

Based on aggregated 13F filings for Q1 2017.