Ares Commercial Real Estate
ACRE
124 hedge funds and large institutions have $256M invested in Ares Commercial Real Estate in 2016 Q4 according to their latest regulatory filings, with 16 funds opening new positions, 42 increasing their positions, 43 reducing their positions, and 15 closing their positions.
11% more capital invested
Capital invested by funds: $231M → $256M (+$25.7M)
7% more first-time investments, than exits
New positions opened: 16 | Existing positions closed: 15
0.82% more ownership
Funds ownership: 64.77% → 65.6% (+0.82%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
1% less funds holding
Funds holding: 125 → 124 (-1)
2% less repeat investments, than reductions
Existing positions increased: 42 | Existing positions reduced: 43
Top Buyers
Top Sellers
| 1 |
IG
ING Group
Amsterdam,
Netherlands
|
-$5.72M |
| 2 |
Renaissance Technologies
New York
|
-$2.25M |
| 3 |
Millennium Management
New York
|
-$1.74M |
| 4 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$1.66M |
| 5 |
AllianceBernstein
Nashville,
Tennessee
|
-$1.63M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
JC
126
JBF Capital
Aspen,
Colorado
| – | -$875K | -69,472 | Closed |
|
|
YMRC
127
Yorktown Management & Research Company
Forest,
Virginia
| – | -$756K | -60,000 | Closed |
|
128
Arrowstreet Capital
Boston,
Massachusetts
| – | -$632K | -50,144 | Closed |
|
|
DC
129
Deere & Company
Moline,
Illinois
| – | -$283K | -22,480 | Closed |
|
|
EWM
130
Edge Wealth Management
New York
| – | -$216K | -17,143 | Closed |
|
131
HighTower Advisors
Chicago,
Illinois
| – | -$215K | -16,970 | Closed |
|
|
MC
132
Menta Capital
San Francisco,
California
| – | -$209K | -16,571 | Closed |
|
|
TC
133
TFS Capital
West Chester,
Pennsylvania
| – | -$207K | -16,434 | Closed |
|
|
DTL
134
Dynamic Technology Lab
Singapore
| – | -$201K | -15,977 | Closed |
|
135
Asset Management One
Tokyo,
Japan
| – | -$169K | -13,397 | Closed |
|
|
PAM
136
Panagora Asset Management
Boston,
Massachusetts
| – | -$121K | -9,593 | Closed |
|
|
CG
137
Cutler Group
San Francisco,
California
| – | -$16K | -1,200 | -99% |
|
|
IWMPD
138
Integrated Wealth Management (Palm Desert)
Palm Desert,
California
| – | -$5K | -380 | Closed |
|
ACRE Hedge Fund Activity: Q4 2016 in Review
124 of the 4,000 institutional investors tracked by Wall St. Rank reported a position in Ares Commercial Real Estate (ACRE) for Q4 2016, worth a combined $256M — up 11% from $231M a quarter earlier.
Buyers outnumbered sellers: 16 funds opened new ACRE positions and 15 closed out — a net gain of 1 holder — while 42 added to existing stakes and 43 trimmed.
The largest buyer was Nomura Holdings, opening a new position worth an estimated $5.14M. The largest seller was ING Group, exiting entirely with an estimated $5.72M sold.
- 124 institutional investors held Ares Commercial Real Estate (ACRE) as of Q4 2016, down from 125 in Q3 2016.
- Funds reported $256M of Ares Commercial Real Estate stock for Q4 2016, up 11% quarter-over-quarter.
- 16 funds opened new Ares Commercial Real Estate positions in Q4 2016 and 15 closed out, a net change of +1 holder.
- The largest Ares Commercial Real Estate buyer in Q4 2016 was Nomura Holdings, an estimated $5.14M added.
- The largest Ares Commercial Real Estate seller in Q4 2016 was ING Group, an estimated $5.72M sold.
Based on aggregated 13F filings for Q4 2016.