Ares Commercial Real Estate
ACRE
134 hedge funds and large institutions have $296M invested in Ares Commercial Real Estate in 2019 Q1 according to their latest regulatory filings, with 29 funds opening new positions, 47 increasing their positions, 34 reducing their positions, and 7 closing their positions.
314% more first-time investments, than exits
New positions opened: 29 | Existing positions closed: 7
38% more repeat investments, than reductions
Existing positions increased: 47 | Existing positions reduced: 34
22% more capital invested
Capital invested by funds: $243M → $296M (+$52.9M)
20% more funds holding
Funds holding: 112 → 134 (+22)
2.85% more ownership
Funds ownership: 64.77% → 67.62% (+2.8%)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Marshall Wace
London,
United Kingdom
|
+$5.29M |
| 2 |
Millennium Management
New York
|
+$2.64M |
| 3 |
Grantham, Mayo, Van Otterloo & Co (GMO)
Boston,
Massachusetts
|
+$2.33M |
| 4 |
Acadian Asset Management
Boston,
Massachusetts
|
+$1.81M |
| 5 |
OAM
Oxford Asset Management
Oxford,
United Kingdom
|
+$1.77M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Boston Partners
Boston,
Massachusetts
|
-$14.3M |
| 2 |
RVPG
Relative Value Partners Group
|
-$2.57M |
| 3 |
D.E. Shaw & Co
New York
|
-$1.84M |
| 4 |
Nomura Holdings
Tokyo,
Japan
|
-$1.47M |
| 5 |
State Street
Boston,
Massachusetts
|
-$1.38M |
ACRE Hedge Fund Activity: Q1 2019 in Review
134 of the 4,620 institutional investors tracked by Wall St. Rank reported a position in Ares Commercial Real Estate (ACRE) for Q1 2019, worth a combined $296M — up 22% from $243M a quarter earlier.
Buyers outnumbered sellers: 29 funds opened new ACRE positions and 7 closed out — a net gain of 22 holders — while 47 added to existing stakes and 34 trimmed.
The largest buyer was Marshall Wace, opening a new position worth an estimated $5.29M. The largest seller was Boston Partners, cutting an estimated $14.3M.
- 134 institutional investors held Ares Commercial Real Estate (ACRE) as of Q1 2019, up from 112 in Q4 2018.
- Funds reported $296M of Ares Commercial Real Estate stock for Q1 2019, up 22% quarter-over-quarter.
- 29 funds opened new Ares Commercial Real Estate positions in Q1 2019 and 7 closed out, a net change of +22 holders.
- The largest Ares Commercial Real Estate buyer in Q1 2019 was Marshall Wace, an estimated $5.29M added.
- The largest Ares Commercial Real Estate seller in Q1 2019 was Boston Partners, an estimated $14.3M sold.
Based on aggregated 13F filings for Q1 2019.