We are live on ! Find out more
ACRE

Ares Commercial Real Estate
ACRE

108 hedge funds and large institutions have $241M invested in Ares Commercial Real Estate in 2017 Q3 according to their latest regulatory filings, with 11 funds opening new positions, 37 increasing their positions, 33 reducing their positions, and 13 closing their positions.

New
Increased
Maintained
Reduced
Closed

12% more repeat investments, than reductions

Existing positions increased: 37 | Existing positions reduced: 33

0% more funds holding in top 10

Funds holding in top 10: 1 → 1 (0)

1% less capital invested

Capital invested by funds: $243M → $241M (-$2.92M)

2% less funds holding

Funds holding: 110 → 108 (-2)

2.09% less ownership

Funds ownership: 65.3% → 63.21% (-2.1%)

15% less first-time investments, than exits

New positions opened: 11 | Existing positions closed: 13

100% less call options, than puts

Call options by funds: $0 | Put options by funds: $335K

Holders
108
Holders Change
-2
Holders Change %
-1.82%
% of All Funds
2.69%
Holding in Top 10
1
Holding in Top 10 Change
–
Holding in Top 10 Change %
–
% of All Funds
0.02%
New
11
Increased
37
Reduced
33
Closed
13
Calls
–
Puts
$335K
Net Calls
-$335K
Net Calls Change
-$335K

Top Buyers

1
N
Nuveen
North Carolina
+$3.65M
2
Millennium Management
Millennium Management
New York
+$3.14M
3
KCM
Kennedy Capital Management
Missouri
+$1.7M
4
WAM
Wolverine Asset Management
Illinois
+$885K
5
DM
Delphi Management
Massachusetts
+$838K

Top Sellers

1
CCP
Clough Capital Partners
Massachusetts
-$4.57M
2
Acadian Asset Management
Acadian Asset Management
Massachusetts
-$3.44M
3
BlackRock
BlackRock
New York
-$2.5M
4
Russell Investments Group
Russell Investments Group
United Kingdom
-$2.23M
5
Allianz Asset Management
Allianz Asset Management
Germany
-$1.97M
Name Holding Trade Value Shares
Change 		Change in
Stake
AssetMark Inc
76
AssetMark Inc
California
$223K +$1.9K +145 +0.9%
CAM
77
ClariVest Asset Management
California
$215K +$8.08K +616 +4%
NFA
78
Nationwide Fund Advisors
Ohio
$204K -$17.9K -1,369 -8%
Hotchkis & Wiley Capital Management
79
Hotchkis & Wiley Capital Management
California
$185K +$182K +13,918 New
JG
80
Jefferies Group
New York
$172K +$37.9K +2,889 +29%
Tudor Investment Corp
81
Tudor Investment Corp
Connecticut
$154K +$14.8K +1,127 +11%
CA
82
Corrado Advisors
New Jersey
$140K -$68.8K -5,250 -33%
CSS
83
Cubist Systematic Strategies
Connecticut
$140K +$138K +10,525 New
Squarepoint
84
Squarepoint
New York
$136K +$134K +10,200 New
SB
85
Suntrust Banks
Georgia
$134K +$132K +10,076 New
EWM
86
Edge Wealth Management
New York
$133K – – –
SO
87
STRS Ohio
Ohio
$110K – – –
SG Americas Securities
88
SG Americas Securities
New York
$103K +$101K +7,722 New
Legal & General Group
89
Legal & General Group
United Kingdom
$93K +$4.94K +377 +6%
Citigroup
90
Citigroup
New York
$79K +$22.7K +1,733 +41%
PG
91
PEAK6 Group
Illinois
$76K +$74.5K +5,681 New
Bessemer Group
92
Bessemer Group
New Jersey
$63K -$282K -21,500 -82%
LTFS
93
Ladenburg Thalmann Financial Services
Florida
$58K +$50.5K +3,850 +770%
PNC Financial Services Group
94
PNC Financial Services Group
Pennsylvania
$57K -$668K -50,957 -92%
BNP Paribas Financial Markets
95
BNP Paribas Financial Markets
France
$39.7K -$11.9K -910 -23%
AIP
96
Ameritas Investment Partners
Nebraska
$33K – – –
PFBT
97
Parkside Financial Bank & Trust
Missouri
$22K -$2.33K -178 -10%
Nisa Investment Advisors
98
Nisa Investment Advisors
Missouri
$16K – – –
AG
99
Advisor Group
Arizona
$14K – – –
FDCDDQ
100
Federation des caisses Desjardins du Quebec
Quebec, Canada
$13.3K – – –
1 2 3
4
5

ACRE Hedge Fund Activity: Q3 2017 in Review

108 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in Ares Commercial Real Estate (ACRE) for Q3 2017, worth a combined $241M — down 1.2% from $243M a quarter earlier.

Sellers outnumbered buyers: 13 funds closed out of ACRE and 11 opened new positions — a net loss of 2 holders — while 33 trimmed existing stakes and 37 added.

The largest buyer was Nuveen, adding an estimated $3.65M. The largest seller was Clough Capital Partners, exiting entirely with an estimated $4.57M sold.

  • 108 institutional investors held Ares Commercial Real Estate (ACRE) as of Q3 2017, down from 110 in Q2 2017.
  • Funds reported $241M of Ares Commercial Real Estate stock for Q3 2017, down 1.2% quarter-over-quarter.
  • 11 funds opened new Ares Commercial Real Estate positions in Q3 2017 and 13 closed out, a net change of -2 holders.
  • The largest Ares Commercial Real Estate buyer in Q3 2017 was Nuveen, an estimated $3.65M added.
  • The largest Ares Commercial Real Estate seller in Q3 2017 was Clough Capital Partners, an estimated $4.57M sold.

Based on aggregated 13F filings for Q3 2017.