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ACRE

Ares Commercial Real Estate

135 hedge funds and large institutions have $212M invested in Ares Commercial Real Estate in 2023 Q2 according to their latest regulatory filings, with 22 funds opening new positions, 47 increasing their positions, 40 reducing their positions, and 19 closing their positions.

New
Increased
Maintained
Reduced
Closed

95% more call options, than puts

Call options by funds: $3.41M | Put options by funds: $1.75M

18% more repeat investments, than reductions

Existing positions increased: 47 | Existing positions reduced: 40

16% more first-time investments, than exits

New positions opened: 22 | Existing positions closed: 19

7% more capital invested

Capital invested by funds: $198M → $212M (+$14.3M)

1% more funds holding

Funds holding: 134135 (+1)

1.63% less ownership

Funds ownership: 39.71%38.09% (-1.6%)

Holders
135
Holders Change
+1
Holders Change %
+0.75%
% of All Funds
2.12%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
22
Increased
47
Reduced
40
Closed
19
Calls
$3.41M
Puts
$1.75M
Net Calls
+$1.66M
Net Calls Change
+$30M
Name Holding Trade Value Shares
Change
Change in
Stake
JF
51
Jump Financial
Illinois
$483K +$434K +47,555 New
T. Rowe Price Associates
52
T. Rowe Price Associates
Maryland
$477K +$6.95K +761 +2%
NRD
53
Nebula Research & Development
New York
$475K +$332K +36,320 +346%
PCM
54
Penserra Capital Management
California
$457K +$97.4K +10,675 +31%
GCP
55
GSA Capital Partners
United Kingdom
$439K +$395K +43,277 New
Legal & General Group
56
Legal & General Group
United Kingdom
$415K +$166K +18,187 +80%
Nisa Investment Advisors
57
Nisa Investment Advisors
Missouri
$398K -$196K -21,470 -35%
RJA
58
Raymond James & Associates
Florida
$374K +$37.7K +4,133 +13%
CAPTRUST Financial Advisors
59
CAPTRUST Financial Advisors
North Carolina
$358K +$2.47K +271 +0.8%
Jane Street
60
Jane Street
New York
$331K +$298K +32,634 New
Manulife (Manufacturers Life Insurance)
61
Manulife (Manufacturers Life Insurance)
Ontario, Canada
$316K +$8.65K +948 +3%
Janus Henderson Group
62
Janus Henderson Group
United Kingdom
$314K -$110 -12 -0%
MP
63
McDonald Partners
Ohio
$313K
TCM
64
Triumph Capital Management
Colorado
$297K +$259K +28,327 New
LNWWM
65
Laird Norton Wetherby Wealth Management
California
$282K -$18.1K -1,980 -7%
MIM
66
MetLife Investment Management
New Jersey
$280K
PAG
67
Private Advisor Group
New Jersey
$267K +$41.6K +4,553 +21%
AIG
68
American International Group
New York
$254K +$2.29K +251 +1%
Janney Montgomery Scott
69
Janney Montgomery Scott
Pennsylvania
$254K -$24.9K -2,730 -10%
State Board of Administration of Florida Retirement System
70
State Board of Administration of Florida Retirement System
Florida
$246K -$1.83K -200 -0.8%
Deutsche Bank
71
Deutsche Bank
Germany
$236K -$129K -14,185 -38%
SIC
72
Samalin Investment Counsel
New York
$230K +$77.7K +8,510 +60%
Corient Private Wealth
73
Corient Private Wealth
Florida
$223K
VOYA Investment Management
74
VOYA Investment Management
Georgia
$211K +$15.3K +1,681 +9%
Barclays
75
Barclays
United Kingdom
$205K -$54.1K -5,923 -23%

ACRE Hedge Fund Activity: Q2 2023 in Review

135 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in Ares Commercial Real Estate (ACRE) for Q2 2023, worth a combined $212M — up 7.2% from $198M a quarter earlier.

Buyers outnumbered sellers: 22 funds opened new ACRE positions and 19 closed out — a net gain of 3 holders — while 47 added to existing stakes and 40 trimmed.

The largest buyer was BlackRock, adding an estimated $2.29M. The largest seller was JP Morgan Chase, cutting an estimated $6.55M.

  • 135 institutional investors held Ares Commercial Real Estate (ACRE) as of Q2 2023, up from 134 in Q1 2023.
  • Funds reported $212M of Ares Commercial Real Estate stock for Q2 2023, up 7.2% quarter-over-quarter.
  • 22 funds opened new Ares Commercial Real Estate positions in Q2 2023 and 19 closed out, a net change of +3 holders.
  • The largest Ares Commercial Real Estate buyer in Q2 2023 was BlackRock, an estimated $2.29M added.
  • The largest Ares Commercial Real Estate seller in Q2 2023 was JP Morgan Chase, an estimated $6.55M sold.

Based on aggregated 13F filings for Q2 2023.