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ACRE

Ares Commercial Real Estate

100 hedge funds and large institutions have $253M invested in Ares Commercial Real Estate in 2018 Q3 according to their latest regulatory filings, with 3 funds opening new positions, 46 increasing their positions, 32 reducing their positions, and 10 closing their positions.

New
Increased
Maintained
Reduced
Closed

44% more repeat investments, than reductions

Existing positions increased: 46 | Existing positions reduced: 32

2% more capital invested

Capital invested by funds: $249M → $253M (+$4.41M)

0.2% more ownership

Funds ownership: 62.98%63.17% (+0.2%)

0% more funds holding in top 10

Funds holding in top 10: 22 (0)

8% less funds holding

Funds holding: 109100 (-9)

70% less first-time investments, than exits

New positions opened: 3 | Existing positions closed: 10

Holders
100
Holders Change
-9
Holders Change %
-8.26%
% of All Funds
2.29%
Holding in Top 10
2
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.05%
New
3
Increased
46
Reduced
32
Closed
10
Calls
$15K
Puts
Net Calls
+$15K
Net Calls Change
+$125K
Name Holding Trade Value Shares
Change
Change in
Stake
UBS Group
51
UBS Group
Switzerland
$624K +$45.9K +3,236 +8%
BCM
52
Beck Capital Management
Texas
$608K -$2.14K -151 -0.3%
California State Teachers Retirement System (CalSTRS)
53
California State Teachers Retirement System (CalSTRS)
California
$574K +$3.84K +271 +0.7%
Bessemer Group
54
Bessemer Group
New Jersey
$573K +$19.8K +1,400 +4%
First Trust Advisors
55
First Trust Advisors
Illinois
$560K +$109K +7,693 +24%
Russell Investments Group
56
Russell Investments Group
United Kingdom
$526K +$323K +22,781 +149%
JIR
57
James Investment Research
Ohio
$508K +$42.4K +2,990 +9%
Prudential Financial
58
Prudential Financial
New Jersey
$485K +$53.6K +3,780 +12%
Connor, Clark & Lunn Investment Management (CC&L)
59
Connor, Clark & Lunn Investment Management (CC&L)
British Columbia, Canada
$472K +$314K +22,137 +190%
AG
60
Aperio Group
California
$421K -$4.48K -316 -1%
New York State Common Retirement Fund
61
New York State Common Retirement Fund
New York
$394K -$35.4K -2,500 -8%
RhumbLine Advisers
62
RhumbLine Advisers
Massachusetts
$374K +$4.03K +284 +1%
State Board of Administration of Florida Retirement System
63
State Board of Administration of Florida Retirement System
Florida
$344K
T. Rowe Price Associates
64
T. Rowe Price Associates
Maryland
$343K +$2.28K +161 +0.7%
AM
65
Ares Management
California
$333K -$15.4K -1,083 -4%
AWA
66
Arete Wealth Advisors
Illinois
$288K +$57 +4 +0%
HighTower Advisors
67
HighTower Advisors
Illinois
$288K +$7.09K +500 +2%
CAM
68
ClariVest Asset Management
California
$259K
RJA
69
Raymond James & Associates
Florida
$255K +$9.93K +700 +4%
AIG
70
American International Group
New York
$248K +$4.52K +319 +2%
JP Morgan Chase
71
JP Morgan Chase
New York
$246K -$58.1K -4,101 -19%
SEI Investments
72
SEI Investments
Pennsylvania
$234K +$153K +10,784 +153%
WAM
73
Wolverine Asset Management
Illinois
$219K +$133K +9,390 +149%
Cambridge Investment Research Advisors
74
Cambridge Investment Research Advisors
Iowa
$177K -$55.8K -3,937 -24%
Barclays
75
Barclays
United Kingdom
$166K +$122K +8,592 +263%

ACRE Hedge Fund Activity: Q3 2018 in Review

100 of the 4,374 institutional investors tracked by Wall St. Rank reported a position in Ares Commercial Real Estate (ACRE) for Q3 2018, worth a combined $253M — up 1.8% from $249M a quarter earlier.

Sellers outnumbered buyers: 10 funds closed out of ACRE and 3 opened new positions — a net loss of 7 holders — while 32 trimmed existing stakes and 46 added.

The largest buyer was Acadian Asset Management, adding an estimated $4.73M. The largest seller was AllianceBernstein, cutting an estimated $2.24M.

  • 100 institutional investors held Ares Commercial Real Estate (ACRE) as of Q3 2018, down from 109 in Q2 2018.
  • Funds reported $253M of Ares Commercial Real Estate stock for Q3 2018, up 1.8% quarter-over-quarter.
  • 3 funds opened new Ares Commercial Real Estate positions in Q3 2018 and 10 closed out, a net change of -7 holders.
  • The largest Ares Commercial Real Estate buyer in Q3 2018 was Acadian Asset Management, an estimated $4.73M added.
  • The largest Ares Commercial Real Estate seller in Q3 2018 was AllianceBernstein, an estimated $2.24M sold.

Based on aggregated 13F filings for Q3 2018.