Ares Commercial Real Estate
ACRE
125 hedge funds and large institutions have $231M invested in Ares Commercial Real Estate in 2016 Q3 according to their latest regulatory filings, with 17 funds opening new positions, 47 increasing their positions, 34 reducing their positions, and 5 closing their positions.
596% more call options, than puts
Call options by funds: $174K | Put options by funds: $25K
240% more first-time investments, than exits
New positions opened: 17 | Existing positions closed: 5
38% more repeat investments, than reductions
Existing positions increased: 47 | Existing positions reduced: 34
10% more funds holding
Funds holding: 114 → 125 (+11)
0% less capital invested
Capital invested by funds: $231M → $231M (-$216K)
1.22% less ownership
Funds ownership: 66% → 64.77% (-1.2%)
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BIT
BlackRock Institutional Trust
San Francisco,
California
|
+$4.53M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
+$2.1M |
| 3 |
Boston Partners
Boston,
Massachusetts
|
+$1.81M |
| 4 |
Millennium Management
New York
|
+$1.8M |
| 5 |
N
Nuveen
Charlotte,
North Carolina
|
+$1.71M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AllianceBernstein
Nashville,
Tennessee
|
-$1.05M |
| 2 |
State Street
Boston,
Massachusetts
|
-$837K |
| 3 |
Renaissance Technologies
New York
|
-$684K |
| 4 |
BCM
Buckhead Capital Management
Atlanta,
Georgia
|
-$676K |
| 5 |
Prudential Financial
Newark,
New Jersey
|
-$662K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
AIM
126
Arcadia Investment Management
Kalamazoo,
Michigan
| – | -$50K | -4,105 | Closed |
|
|
TRCT
127
Tower Research Capital (TRC)
New York
| – | -$45K | -3,666 | Closed |
|
|
ST
128
Spot Trading
Chicago,
Illinois
| – | -$25.2K | -2,000 | Closed |
|
129
Loomis, Sayles & Company
Boston,
Massachusetts
| – | -$2K | -197 | Closed |
|
ACRE Hedge Fund Activity: Q3 2016 in Review
125 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in Ares Commercial Real Estate (ACRE) for Q3 2016, worth a combined $231M — down 0.09% from $231M a quarter earlier.
Buyers outnumbered sellers: 17 funds opened new ACRE positions and 5 closed out — a net gain of 12 holders — while 47 added to existing stakes and 34 trimmed.
The largest buyer was BlackRock Institutional Trust, adding an estimated $4.53M. The largest seller was AllianceBernstein, cutting an estimated $1.05M.
- 125 institutional investors held Ares Commercial Real Estate (ACRE) as of Q3 2016, up from 114 in Q2 2016.
- Funds reported $231M of Ares Commercial Real Estate stock for Q3 2016, down 0.09% quarter-over-quarter.
- 17 funds opened new Ares Commercial Real Estate positions in Q3 2016 and 5 closed out, a net change of +12 holders.
- The largest Ares Commercial Real Estate buyer in Q3 2016 was BlackRock Institutional Trust, an estimated $4.53M added.
- The largest Ares Commercial Real Estate seller in Q3 2016 was AllianceBernstein, an estimated $1.05M sold.
Based on aggregated 13F filings for Q3 2016.