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ACRE

Ares Commercial Real Estate

147 hedge funds and large institutions have $267M invested in Ares Commercial Real Estate in 2022 Q3 according to their latest regulatory filings, with 15 funds opening new positions, 66 increasing their positions, 39 reducing their positions, and 18 closing their positions.

New
Increased
Maintained
Reduced
Closed

288% more call options, than puts

Call options by funds: $2.48M | Put options by funds: $640K

69% more repeat investments, than reductions

Existing positions increased: 66 | Existing positions reduced: 39

0.41% more ownership

Funds ownership: 46.42%46.83% (+0.41%)

2% less funds holding

Funds holding: 150147 (-3)

14% less capital invested

Capital invested by funds: $310M → $267M (-$42.4M)

17% less first-time investments, than exits

New positions opened: 15 | Existing positions closed: 18

100% less funds holding in top 10

Funds holding in top 10: 20 (-2)

Holders
147
Holders Change
-3
Holders Change %
-2%
% of All Funds
2.53%
Holding in Top 10
Holding in Top 10 Change
-2
Holding in Top 10 Change %
-100%
% of All Funds
New
15
Increased
66
Reduced
39
Closed
18
Calls
$2.48M
Puts
$640K
Net Calls
+$1.84M
Net Calls Change
-$1.39M
Name Holding Trade Value Shares
Change
Change in
Stake
ASRS
101
Arizona State Retirement System
Arizona
$147K +$1.22K +94 +0.7%
PAG
102
Private Advisor Group
New Jersey
$144K +$179K +13,804 New
Ensign Peak Advisors
103
Ensign Peak Advisors
Utah
$132K +$88.2K +6,810 +117%
Stifel Financial
104
Stifel Financial
Missouri
$130K -$17.5K -1,353 -10%
SO
105
STRS Ohio
Ohio
$123K +$22K +1,700 +17%
AMC
106
Asset Management Corp
Illinois
$112K +$139K +10,726 New
Mercer Global Advisors
107
Mercer Global Advisors
Colorado
$110K
GRP
108
Global Retirement Partners
California
$90K +$26.5K +2,047 +39%
WTC
109
WhitTier Trust Company
Nevada
$78K
DCM
110
Dupont Capital Management
Delaware
$74K -$35.8K -2,768 -28%
WAM
111
Worth Asset Management
Texas
$72K +$2.59K +200 +3%
Zurich Cantonal Bank
112
Zurich Cantonal Bank
Switzerland
$69K
AB
113
Amalgamated Bank
New York
$69K +$13.3K +1,026 +18%
CCMW
114
Cypress Capital Management (Wyoming)
Wyoming
$66K -$10.4K -800 -11%
AIP
115
Ameritas Investment Partners
Nebraska
$42K +$8.68K +670 +20%
Citigroup
116
Citigroup
New York
$36K -$31.9K -2,465 -42%
SWM
117
Selective Wealth Management
Virginia
$36K
MLICM
118
Metropolitan Life Insurance Company (MetLife)
New York
$32.6K +$5.97K +461 +17%
Allspring Global Investments
119
Allspring Global Investments
North Carolina
$29K +$7.39K +571 +25%
Barclays
120
Barclays
United Kingdom
$23K -$881 -68 -3%
CWM
121
Castle Wealth Management
Florida
$17K +$20.7K +1,600 New
PHK
122
Point72 Hong Kong
Hong Kong
$16K +$14.4K +1,109 +241%
TWM
123
Tradition Wealth Management
Minnesota
$15K +$324 +25 +2%
BAM
124
Baldrige Asset Management
Pennsylvania
$13K
Simplex Trading
125
Simplex Trading
Illinois
$12K -$53.6K -4,138 -78%

ACRE Hedge Fund Activity: Q3 2022 in Review

147 of the 5,805 institutional investors tracked by Wall St. Rank reported a position in Ares Commercial Real Estate (ACRE) for Q3 2022, worth a combined $267M — down 14% from $310M a quarter earlier.

Sellers outnumbered buyers: 18 funds closed out of ACRE and 15 opened new positions — a net loss of 3 holders — while 39 trimmed existing stakes and 66 added.

The largest buyer was Balyasny Asset Management, adding an estimated $6.89M. The largest seller was Delphi Financial Group, exiting entirely with an estimated $19.6M sold.

  • 147 institutional investors held Ares Commercial Real Estate (ACRE) as of Q3 2022, down from 150 in Q2 2022.
  • Funds reported $267M of Ares Commercial Real Estate stock for Q3 2022, down 14% quarter-over-quarter.
  • 15 funds opened new Ares Commercial Real Estate positions in Q3 2022 and 18 closed out, a net change of -3 holders.
  • The largest Ares Commercial Real Estate buyer in Q3 2022 was Balyasny Asset Management, an estimated $6.89M added.
  • The largest Ares Commercial Real Estate seller in Q3 2022 was Delphi Financial Group, an estimated $19.6M sold.

Based on aggregated 13F filings for Q3 2022.