Ares Commercial Real Estate
ACRE
122 hedge funds and large institutions have $225M invested in Ares Commercial Real Estate in 2020 Q4 according to their latest regulatory filings, with 26 funds opening new positions, 34 increasing their positions, 41 reducing their positions, and 15 closing their positions.
725% more call options, than puts
Call options by funds: $1.68M | Put options by funds: $204K
200% more funds holding in top 10
Funds holding in top 10: 1 → 3 (+2)
73% more first-time investments, than exits
New positions opened: 26 | Existing positions closed: 15
34% more capital invested
Capital invested by funds: $168M → $225M (+$56.7M)
9% more funds holding
Funds holding: 112 → 122 (+10)
0.67% more ownership
Funds ownership: 55.73% → 56.4% (+0.67%)
17% less repeat investments, than reductions
Existing positions increased: 34 | Existing positions reduced: 41
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Invesco
Atlanta,
Georgia
|
+$8.46M |
| 2 |
VanEck Associates
New York
|
+$2.98M |
| 3 |
Millennium Management
New York
|
+$2.22M |
| 4 |
JP Morgan Chase
New York
|
+$2.08M |
| 5 |
MPAM
Monarch Partners Asset Management
Boston,
Massachusetts
|
+$1.07M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCP
Steamboat Capital Partners
Rye,
New York
|
-$8.42M |
| 2 |
Renaissance Technologies
New York
|
-$1.39M |
| 3 |
Hotchkis & Wiley Capital Management
Los Angeles,
California
|
-$1.28M |
| 4 |
WG
Winton Group
London,
United Kingdom
|
-$1.2M |
| 5 |
Goldman Sachs
New York
|
-$1.19M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
PP
126
Paloma Partners
Greenwich,
Connecticut
| – | -$195K | -21,311 | Closed |
|
|
WCM
127
Weld Capital Management
New York
| – | -$173K | -18,897 | Closed |
|
128
Group One Trading
Chicago,
Illinois
| – | -$201K | -18,815 | Closed |
|
|
22CM
129
20/20 Capital Management
Costa Mesa,
California
| – | -$123K | -13,500 | Closed |
|
|
AI
130
Atom Investors
Austin,
Texas
| – | -$112K | -12,223 | Closed |
|
131
SEI Investments
Oaks,
Pennsylvania
| – | -$106K | -11,600 | Closed |
|
132
LPL Financial
San Diego,
California
| – | -$98K | -10,760 | Closed |
|
|
CAM
133
Concorde Asset Management
Ann Arbor,
Michigan
| – | -$97K | -10,590 | Closed |
|
|
FDCDDQ
134
Federation des caisses Desjardins du Quebec
Levis,
Quebec, Canada
| – | -$9.14K | -1,000 | Closed |
|
135
Fidelity Investments
Boston,
Massachusetts
| – | +$11 | +1 | New |
|
ACRE Hedge Fund Activity: Q4 2020 in Review
122 of the 5,651 institutional investors tracked by Wall St. Rank reported a position in Ares Commercial Real Estate (ACRE) for Q4 2020, worth a combined $225M — up 34% from $168M a quarter earlier.
Buyers outnumbered sellers: 26 funds opened new ACRE positions and 15 closed out — a net gain of 11 holders — while 34 added to existing stakes and 41 trimmed.
The largest buyer was Invesco, adding an estimated $8.46M. The largest seller was Steamboat Capital Partners, cutting an estimated $8.42M.
- 122 institutional investors held Ares Commercial Real Estate (ACRE) as of Q4 2020, up from 112 in Q3 2020.
- Funds reported $225M of Ares Commercial Real Estate stock for Q4 2020, up 34% quarter-over-quarter.
- 26 funds opened new Ares Commercial Real Estate positions in Q4 2020 and 15 closed out, a net change of +11 holders.
- The largest Ares Commercial Real Estate buyer in Q4 2020 was Invesco, an estimated $8.46M added.
- The largest Ares Commercial Real Estate seller in Q4 2020 was Steamboat Capital Partners, an estimated $8.42M sold.
Based on aggregated 13F filings for Q4 2020.