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ACRE

Ares Commercial Real Estate

154 hedge funds and large institutions have $182M invested in Ares Commercial Real Estate in 2024 Q1 according to their latest regulatory filings, with 36 funds opening new positions, 39 increasing their positions, 62 reducing their positions, and 23 closing their positions.

New
Increased
Maintained
Reduced
Closed

57% more first-time investments, than exits

New positions opened: 36 | Existing positions closed: 23

8% more funds holding

Funds holding: 142154 (+12)

2.02% more ownership

Funds ownership: 42.16%44.18% (+2%)

23% less capital invested

Capital invested by funds: $237M → $182M (-$55.4M)

37% less repeat investments, than reductions

Existing positions increased: 39 | Existing positions reduced: 62

61% less call options, than puts

Call options by funds: $1.01M | Put options by funds: $2.56M

Holders
154
Holders Change
+12
Holders Change %
+8.45%
% of All Funds
2.22%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
36
Increased
39
Reduced
62
Closed
23
Calls
$1.01M
Puts
$2.56M
Net Calls
-$1.55M
Net Calls Change
-$1.69M
Name Holding Trade Value Shares
Change
Change in
Stake
Deutsche Bank
76
Deutsche Bank
Germany
$195K -$18.4K -2,119 -7%
QT
77
Quantbot Technologies
New York
$194K +$226K +26,003 New
PAG
78
Private Advisor Group
New Jersey
$193K -$8.11K -932 -3%
CAPTRUST Financial Advisors
79
CAPTRUST Financial Advisors
North Carolina
$193K -$13.7K -1,569 -6%
AIG
80
American International Group
New York
$191K -$1.91K -220 -0.9%
Lido Advisors
81
Lido Advisors
California
$180K -$927K -106,504 -82%
Two Sigma Advisers
82
Two Sigma Advisers
New York
$168K -$53.1K -6,100 -21%
LPL Financial
83
LPL Financial
California
$166K -$520K -59,769 -73%
ET
84
Entropy Technologies
New York
$164K +$191K +21,989 New
SEI Investments
85
SEI Investments
Pennsylvania
$150K +$176K +20,195 New
TCM
86
Triumph Capital Management
Colorado
$146K +$22.8K +2,626 +15%
Cerity Partners
87
Cerity Partners
New York
$146K -$5.23K -601 -3%
New York State Common Retirement Fund
88
New York State Common Retirement Fund
New York
$143K -$139 -16 -0.1%
SG Americas Securities
89
SG Americas Securities
New York
$141K -$90.5K -10,404 -35%
VOYA Investment Management
90
VOYA Investment Management
Georgia
$140K -$17.4K -1,995 -10%
Janney Montgomery Scott
91
Janney Montgomery Scott
Pennsylvania
$138K -$3.04K -350 -2%
Commonwealth Equity Services
92
Commonwealth Equity Services
Massachusetts
$135K +$18.9K +2,174 +14%
SWP
93
Strategic Wealth Partners
Ohio
$134K +$157K +18,000 New
Simplex Trading
94
Simplex Trading
Illinois
$123K +$78.9K +9,072 +120%
Stifel Financial
95
Stifel Financial
Missouri
$122K +$43.6K +5,015 +44%
Cetera Investment Advisers
96
Cetera Investment Advisers
Illinois
$117K +$137K +15,739 New
Millennium Management
97
Millennium Management
New York
$117K -$1.28M -146,845 -90%
EGM
98
Engineers Gate Manager
New York
$116K +$135K +15,560 New
CA
99
Clearstead Advisors
Ohio
$113K -$38.7K -4,449 -21%
FFG
100
Frisch Financial Group
New York
$113K +$132K +15,211 New

ACRE Hedge Fund Activity: Q1 2024 in Review

154 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in Ares Commercial Real Estate (ACRE) for Q1 2024, worth a combined $182M — down 23% from $237M a quarter earlier.

Buyers outnumbered sellers: 36 funds opened new ACRE positions and 23 closed out — a net gain of 13 holders — while 39 added to existing stakes and 62 trimmed.

The largest buyer was Balyasny Asset Management, opening a new position worth an estimated $9.48M. The largest seller was MGO One Seven, cutting an estimated $4.64M.

  • 154 institutional investors held Ares Commercial Real Estate (ACRE) as of Q1 2024, up from 142 in Q4 2023.
  • Funds reported $182M of Ares Commercial Real Estate stock for Q1 2024, down 23% quarter-over-quarter.
  • 36 funds opened new Ares Commercial Real Estate positions in Q1 2024 and 23 closed out, a net change of +13 holders.
  • The largest Ares Commercial Real Estate buyer in Q1 2024 was Balyasny Asset Management, an estimated $9.48M added.
  • The largest Ares Commercial Real Estate seller in Q1 2024 was MGO One Seven, an estimated $4.64M sold.

Based on aggregated 13F filings for Q1 2024.