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ACRE

Ares Commercial Real Estate

112 hedge funds and large institutions have $168M invested in Ares Commercial Real Estate in 2020 Q3 according to their latest regulatory filings, with 18 funds opening new positions, 23 increasing their positions, 43 reducing their positions, and 16 closing their positions.

New
Increased
Maintained
Reduced
Closed

352% more call options, than puts

Call options by funds: $1.56M | Put options by funds: $345K

13% more first-time investments, than exits

New positions opened: 18 | Existing positions closed: 16

2% more funds holding

Funds holding: 110112 (+2)

0% more funds holding in top 10

Funds holding in top 10: 11 (0)

2.67% less ownership

Funds ownership: 58.41%55.73% (-2.7%)

6% less capital invested

Capital invested by funds: $178M → $168M (-$10.3M)

47% less repeat investments, than reductions

Existing positions increased: 23 | Existing positions reduced: 43

Holders
112
Holders Change
+2
Holders Change %
+1.82%
% of All Funds
2.26%
Holding in Top 10
1
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.02%
New
18
Increased
23
Reduced
43
Closed
16
Calls
$1.56M
Puts
$345K
Net Calls
+$1.22M
Net Calls Change
+$772K
Name Holding Trade Value Shares
Change
Change in
Stake
Group One Trading
76
Group One Trading
Illinois
$172K +$176K +18,815 New
AIG
77
American International Group
New York
$168K -$3.91K -417 -2%
WT
78
Whittier Trust
California
$161K
CC
79
Claybrook Capital
Massachusetts
$147K
PTP
80
Platform Technology Partners
New York
$134K
Barclays
81
Barclays
United Kingdom
$131K -$44.5K -4,751 -25%
22CM
82
20/20 Capital Management
California
$123K +$127K +13,500 New
QI
83
QS Investors
New York
$112K
AI
84
Atom Investors
Texas
$112K +$115K +12,223 New
VOYA Investment Management
85
VOYA Investment Management
Georgia
$107K
SEI Investments
86
SEI Investments
Pennsylvania
$106K +$109K +11,600 New
Cambridge Investment Research Advisors
87
Cambridge Investment Research Advisors
Iowa
$105K -$16.7K -1,783 -13%
Canada Life
88
Canada Life
Manitoba, Canada
$100K
LPL Financial
89
LPL Financial
California
$98K -$27.1K -2,896 -21%
CAM
90
Concorde Asset Management
Michigan
$97K +$99.2K +10,590 New
Truist Financial
91
Truist Financial
North Carolina
$91K
FC
92
FCA Corp
Texas
$91K +$93.7K +10,000 New
CCMW
93
Cypress Capital Management (Wyoming)
Wyoming
$90K
MLICM
94
Metropolitan Life Insurance Company (MetLife)
New York
$88.2K
Legal & General Group
95
Legal & General Group
United Kingdom
$69K -$13.3K -1,424 -16%
BNP Paribas Financial Markets
96
BNP Paribas Financial Markets
France
$66.2K +$48.2K +5,146 +246%
SO
97
STRS Ohio
Ohio
$65K
VFA
98
Valeo Financial Advisors
Indiana
$52K +$2.02K +216 +4%
Zurich Cantonal Bank
99
Zurich Cantonal Bank
Switzerland
$31K
Citigroup
100
Citigroup
New York
$30K -$115K -12,278 -79%

ACRE Hedge Fund Activity: Q3 2020 in Review

112 of the 4,956 institutional investors tracked by Wall St. Rank reported a position in Ares Commercial Real Estate (ACRE) for Q3 2020, worth a combined $168M — down 5.8% from $178M a quarter earlier.

Buyers outnumbered sellers: 18 funds opened new ACRE positions and 16 closed out — a net gain of 2 holders — while 23 added to existing stakes and 43 trimmed.

The largest buyer was Smith Graham & Co Investment Advisors, opening a new position worth an estimated $7.36M. The largest seller was Callodine Capital Management, exiting entirely with an estimated $4.56M sold.

  • 112 institutional investors held Ares Commercial Real Estate (ACRE) as of Q3 2020, up from 110 in Q2 2020.
  • Funds reported $168M of Ares Commercial Real Estate stock for Q3 2020, down 5.8% quarter-over-quarter.
  • 18 funds opened new Ares Commercial Real Estate positions in Q3 2020 and 16 closed out, a net change of +2 holders.
  • The largest Ares Commercial Real Estate buyer in Q3 2020 was Smith Graham & Co Investment Advisors, an estimated $7.36M added.
  • The largest Ares Commercial Real Estate seller in Q3 2020 was Callodine Capital Management, an estimated $4.56M sold.

Based on aggregated 13F filings for Q3 2020.