Ares Commercial Real Estate
ACRE
110 hedge funds and large institutions have $178M invested in Ares Commercial Real Estate in 2020 Q2 according to their latest regulatory filings, with 15 funds opening new positions, 41 increasing their positions, 37 reducing their positions, and 34 closing their positions.
112% more call options, than puts
Call options by funds: $840K | Put options by funds: $396K
25% more capital invested
Capital invested by funds: $143M → $178M (+$35.6M)
11% more repeat investments, than reductions
Existing positions increased: 41 | Existing positions reduced: 37
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
2.69% less ownership
Funds ownership: 61.09% → 58.41% (-2.7%)
15% less funds holding
Funds holding: 129 → 110 (-19)
56% less first-time investments, than exits
New positions opened: 15 | Existing positions closed: 34
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCP
Steamboat Capital Partners
Rye,
New York
|
+$5.14M |
| 2 |
Mirae Asset Global Investments
Seoul,
South Korea
|
+$4.68M |
| 3 |
State of New Jersey Common Pension Fund D
Trenton,
New Jersey
|
+$2.21M |
| 4 |
D.E. Shaw & Co
New York
|
+$1.31M |
| 5 |
RVPG
Relative Value Partners Group
|
+$1.28M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Acadian Asset Management
Boston,
Massachusetts
|
-$6.69M |
| 2 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$6.43M |
| 3 |
BlackRock
New York
|
-$1.79M |
| 4 |
RA
Resource America
New York
|
-$1.65M |
| 5 |
ACM
Advisors Capital Management
Ridgewood,
New Jersey
|
-$1.22M |
ACRE Hedge Fund Activity: Q2 2020 in Review
110 of the 4,877 institutional investors tracked by Wall St. Rank reported a position in Ares Commercial Real Estate (ACRE) for Q2 2020, worth a combined $178M — up 25% from $143M a quarter earlier.
Sellers outnumbered buyers: 34 funds closed out of ACRE and 15 opened new positions — a net loss of 19 holders — while 37 trimmed existing stakes and 41 added.
The largest buyer was Steamboat Capital Partners, adding an estimated $5.14M. The largest seller was Acadian Asset Management, cutting an estimated $6.69M.
- 110 institutional investors held Ares Commercial Real Estate (ACRE) as of Q2 2020, down from 129 in Q1 2020.
- Funds reported $178M of Ares Commercial Real Estate stock for Q2 2020, up 25% quarter-over-quarter.
- 15 funds opened new Ares Commercial Real Estate positions in Q2 2020 and 34 closed out, a net change of -19 holders.
- The largest Ares Commercial Real Estate buyer in Q2 2020 was Steamboat Capital Partners, an estimated $5.14M added.
- The largest Ares Commercial Real Estate seller in Q2 2020 was Acadian Asset Management, an estimated $6.69M sold.
Based on aggregated 13F filings for Q2 2020.