Ares Commercial Real Estate
ACRE
112 hedge funds and large institutions have $243M invested in Ares Commercial Real Estate in 2018 Q4 according to their latest regulatory filings, with 17 funds opening new positions, 51 increasing their positions, 29 reducing their positions, and 5 closing their positions.
240% more first-time investments, than exits
New positions opened: 17 | Existing positions closed: 5
76% more repeat investments, than reductions
Existing positions increased: 51 | Existing positions reduced: 29
12% more funds holding
Funds holding: 100 → 112 (+12)
1.6% more ownership
Funds ownership: 63.17% → 64.77% (+1.6%)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
4% less capital invested
Capital invested by funds: $253M → $243M (-$10.4M)
88% less call options, than puts
Call options by funds: $40K | Put options by funds: $329K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Acadian Asset Management
Boston,
Massachusetts
|
+$3.01M |
| 2 |
Millennium Management
New York
|
+$1.72M |
| 3 |
Renaissance Technologies
New York
|
+$1.39M |
| 4 |
ZIM
Zacks Investment Management
Chicago,
Illinois
|
+$1.2M |
| 5 |
BCM
Beck Capital Management
Austin,
Texas
|
+$1.04M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Boston Partners
Boston,
Massachusetts
|
-$4.63M |
| 2 |
AllianceBernstein
Nashville,
Tennessee
|
-$2.1M |
| 3 |
Neuberger Berman Group
New York
|
-$1.82M |
| 4 |
ACM
Ativo Capital Management
Chicago,
Illinois
|
-$1.26M |
| 5 |
Hotchkis & Wiley Capital Management
Los Angeles,
California
|
-$741K |
ACRE Hedge Fund Activity: Q4 2018 in Review
112 of the 4,488 institutional investors tracked by Wall St. Rank reported a position in Ares Commercial Real Estate (ACRE) for Q4 2018, worth a combined $243M — down 4.1% from $253M a quarter earlier.
Buyers outnumbered sellers: 17 funds opened new ACRE positions and 5 closed out — a net gain of 12 holders — while 51 added to existing stakes and 29 trimmed.
The largest buyer was Acadian Asset Management, adding an estimated $3.01M. The largest seller was Boston Partners, cutting an estimated $4.63M.
- 112 institutional investors held Ares Commercial Real Estate (ACRE) as of Q4 2018, up from 100 in Q3 2018.
- Funds reported $243M of Ares Commercial Real Estate stock for Q4 2018, down 4.1% quarter-over-quarter.
- 17 funds opened new Ares Commercial Real Estate positions in Q4 2018 and 5 closed out, a net change of +12 holders.
- The largest Ares Commercial Real Estate buyer in Q4 2018 was Acadian Asset Management, an estimated $3.01M added.
- The largest Ares Commercial Real Estate seller in Q4 2018 was Boston Partners, an estimated $4.63M sold.
Based on aggregated 13F filings for Q4 2018.