Ares Commercial Real Estate
ACRE
105 hedge funds and large institutions have $205M invested in Ares Commercial Real Estate in 2016 Q1 according to their latest regulatory filings, with 16 funds opening new positions, 38 increasing their positions, 29 reducing their positions, and 10 closing their positions.
60% more first-time investments, than exits
New positions opened: 16 | Existing positions closed: 10
31% more repeat investments, than reductions
Existing positions increased: 38 | Existing positions reduced: 29
6% more funds holding
Funds holding: 99 → 105 (+6)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
0.98% less ownership
Funds ownership: 66.99% → 66.01% (-0.98%)
7% less capital invested
Capital invested by funds: $219M → $205M (-$14.5M)
100% less call options, than puts
Call options by funds: $0 | Put options by funds: $162K
Top Buyers
| 1 |
CHAM
Clear Harbor Asset Management
Stamford,
Connecticut
|
+$1.76M |
| 2 |
Boston Partners
Boston,
Massachusetts
|
+$1.12M |
| 3 |
TC
Telemus Capital
Southfield,
Michigan
|
+$913K |
| 4 |
JIC
Joel Isaacson & Co
New York
|
+$730K |
| 5 |
Vanguard Group
Malvern,
Pennsylvania
|
+$600K |
Top Sellers
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
101
US Bancorp
Minneapolis,
Minnesota
| $1K | -$6.91K | -664 | -92% |
|
|
CAM
102
ClariVest Asset Management
San Diego,
California
| $1K | – | – | – |
|
|
FM
103
Forward Management
San Francisco,
California
| – | -$4.46M | -390,000 | Closed |
|
|
CS
104
Credit Suisse
Zurich,
Switzerland
| – | -$625K | -54,663 | Closed |
|
|
AG
105
Aperio Group
Sausalito,
California
| – | -$361K | -31,525 | Closed |
|
106
Jane Street
New York
| – | -$169K | -14,757 | Closed |
|
|
ARTA
107
A.R.T. Advisors
New York
| – | -$136K | -11,903 | Closed |
|
108
Citadel Advisors
Miami,
Florida
| – | -$82K | -7,154 | Closed |
|
109
BNP Paribas Financial Markets
Paris,
France
| – | -$58.7K | -5,130 | Closed |
|
|
CGT
110
Capital Guardian Trust
Los Angeles,
California
| – | -$23K | -2,000 | Closed |
|
111
Barclays
London,
United Kingdom
| – | -$4K | -342 | Closed |
|
|
IA
112
IFP Advisors
Tampa,
Florida
| – | -$1K | -90 | Closed |
|
|
LTFS
113
Ladenburg Thalmann Financial Services
Miami,
Florida
| – | +$94 | +9 | New |
|
114
Fifth Third Bancorp
Cincinnati,
Ohio
| – | +$146 | +14 | New |
|
ACRE Hedge Fund Activity: Q1 2016 in Review
105 of the 3,753 institutional investors tracked by Wall St. Rank reported a position in Ares Commercial Real Estate (ACRE) for Q1 2016, worth a combined $205M — down 6.6% from $219M a quarter earlier.
Buyers outnumbered sellers: 16 funds opened new ACRE positions and 10 closed out — a net gain of 6 holders — while 38 added to existing stakes and 29 trimmed.
The largest buyer was Clear Harbor Asset Management, adding an estimated $1.76M. The largest seller was Forward Management, exiting entirely with an estimated $4.46M sold.
- 105 institutional investors held Ares Commercial Real Estate (ACRE) as of Q1 2016, up from 99 in Q4 2015.
- Funds reported $205M of Ares Commercial Real Estate stock for Q1 2016, down 6.6% quarter-over-quarter.
- 16 funds opened new Ares Commercial Real Estate positions in Q1 2016 and 10 closed out, a net change of +6 holders.
- The largest Ares Commercial Real Estate buyer in Q1 2016 was Clear Harbor Asset Management, an estimated $1.76M added.
- The largest Ares Commercial Real Estate seller in Q1 2016 was Forward Management, an estimated $4.46M sold.
Based on aggregated 13F filings for Q1 2016.