Ares Commercial Real Estate
ACRE
100 hedge funds and large institutions have $253M invested in Ares Commercial Real Estate in 2018 Q3 according to their latest regulatory filings, with 3 funds opening new positions, 46 increasing their positions, 32 reducing their positions, and 10 closing their positions.
44% more repeat investments, than reductions
Existing positions increased: 46 | Existing positions reduced: 32
2% more capital invested
Capital invested by funds: $249M → $253M (+$4.41M)
0.2% more ownership
Funds ownership: 62.98% → 63.17% (+0.2%)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
8% less funds holding
Funds holding: 109 → 100 (-9)
70% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 10
Top Buyers
| 1 |
Acadian Asset Management
Boston,
Massachusetts
|
+$4.73M |
| 2 |
Renaissance Technologies
New York
|
+$1.83M |
| 3 |
BlackRock
New York
|
+$1.71M |
| 4 |
Allianz Asset Management
Munich,
Germany
|
+$1.45M |
| 5 |
Hotchkis & Wiley Capital Management
Los Angeles,
California
|
+$1.34M |
Top Sellers
| 1 |
AllianceBernstein
Nashville,
Tennessee
|
-$2.24M |
| 2 |
Wells Fargo
San Francisco,
California
|
-$2.01M |
| 3 |
AC
Alleghany Corporation
New York
|
-$1.73M |
| 4 |
Millennium Management
New York
|
-$1.65M |
| 5 |
CHAM
Clear Harbor Asset Management
Stamford,
Connecticut
|
-$1.34M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
AC
101
Alleghany Corporation
New York
| – | -$1.73M | -125,115 | Closed |
|
|
ZIM
102
Zacks Investment Management
Chicago,
Illinois
| – | -$1.09M | -79,089 | Closed |
|
|
MWNA
103
Marshall Wace North America
New York
| – | -$558K | -40,428 | Closed |
|
104
Balyasny Asset Management
Chicago,
Illinois
| – | -$376K | -27,231 | Closed |
|
|
GCP
105
GSA Capital Partners
London,
United Kingdom
| – | -$330K | -23,888 | Closed |
|
|
NFA
106
Nuveen Fund Advisors
Chicago,
Illinois
| – | -$229K | -16,560 | Closed |
|
|
PIA
107
Piedmont Investment Advisors
Durham,
North Carolina
| – | -$6K | -465 | Closed |
|
108
Envestnet Asset Management
Chicago,
Illinois
| – | -$1K | -85 | Closed |
|
109
Simplex Trading
Chicago,
Illinois
| – | -$1.02K | -72 | Closed |
|
|
DA
110
Denali Advisors
San Diego,
California
| – | -$1K | -59 | Closed |
|
ACRE Hedge Fund Activity: Q3 2018 in Review
100 of the 4,374 institutional investors tracked by Wall St. Rank reported a position in Ares Commercial Real Estate (ACRE) for Q3 2018, worth a combined $253M — up 1.8% from $249M a quarter earlier.
Sellers outnumbered buyers: 10 funds closed out of ACRE and 3 opened new positions — a net loss of 7 holders — while 32 trimmed existing stakes and 46 added.
The largest buyer was Acadian Asset Management, adding an estimated $4.73M. The largest seller was AllianceBernstein, cutting an estimated $2.24M.
- 100 institutional investors held Ares Commercial Real Estate (ACRE) as of Q3 2018, down from 109 in Q2 2018.
- Funds reported $253M of Ares Commercial Real Estate stock for Q3 2018, up 1.8% quarter-over-quarter.
- 3 funds opened new Ares Commercial Real Estate positions in Q3 2018 and 10 closed out, a net change of -7 holders.
- The largest Ares Commercial Real Estate buyer in Q3 2018 was Acadian Asset Management, an estimated $4.73M added.
- The largest Ares Commercial Real Estate seller in Q3 2018 was AllianceBernstein, an estimated $2.24M sold.
Based on aggregated 13F filings for Q3 2018.