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ACRE

Ares Commercial Real Estate

121 hedge funds and large institutions have $351M invested in Ares Commercial Real Estate in 2021 Q2 according to their latest regulatory filings, with 18 funds opening new positions, 55 increasing their positions, 29 reducing their positions, and 30 closing their positions.

New
Increased
Maintained
Reduced
Closed

90% more repeat investments, than reductions

Existing positions increased: 55 | Existing positions reduced: 29

76% more call options, than puts

Call options by funds: $3.33M | Put options by funds: $1.9M

18% more capital invested

Capital invested by funds: $296M → $351M (+$54.8M)

0% more funds holding in top 10

Funds holding in top 10: 22 (0)

2.49% less ownership

Funds ownership: 53.48%50.99% (-2.5%)

9% less funds holding

Funds holding: 133121 (-12)

40% less first-time investments, than exits

New positions opened: 18 | Existing positions closed: 30

Holders
121
Holders Change
-12
Holders Change %
-9.02%
% of All Funds
2.11%
Holding in Top 10
2
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.03%
New
18
Increased
55
Reduced
29
Closed
30
Calls
$3.33M
Puts
$1.9M
Net Calls
+$1.44M
Net Calls Change
-$315K
Name Holding Trade Value Shares
Change
Change in
Stake
ECM
126
Element Capital Management
New York
-$2.35M -171,096 Closed
California Public Employees Retirement System
127
California Public Employees Retirement System
California
-$867K -63,200 Closed
AllianceBernstein
128
AllianceBernstein
Tennessee
-$672K -49,001 Closed
MSL
129
Mackay Shields LLC
New York
-$599K -43,600 Closed
D.E. Shaw & Co
130
D.E. Shaw & Co
New York
-$531K -38,691 Closed
APP
131
Alpha Paradigm Partners
Illinois
-$524K -38,202 Closed
SWM
132
Spire Wealth Management
Virginia
-$469K -33,685 Closed
AIM
133
Aigen Investment Management
New York
-$457K -33,322 Closed
VRS
134
Virginia Retirement Systems
Virginia
-$427K -31,100 Closed
CC
135
Claybrook Capital
Massachusetts
-$399K -29,050 Closed
Squarepoint
136
Squarepoint
New York
-$350K -25,507 Closed
Victory Capital Management
137
Victory Capital Management
Texas
-$316K -23,001 Closed
RR
138
Robotti Robert
-$274K -20,000 Closed
PAM
139
Panagora Asset Management
Massachusetts
-$200K -14,602 Closed
Arrowstreet Capital
140
Arrowstreet Capital
Massachusetts
-$170K -12,400 Closed
QI
141
QS Investors
New York
-$162K -11,790 Closed
Qube Research & Technologies (QRT)
142
Qube Research & Technologies (QRT)
United Kingdom
-$152K -11,069 Closed
Cambridge Investment Research Advisors
143
Cambridge Investment Research Advisors
Iowa
-$149K -10,853 Closed
SIC
144
Salem Investment Counselors
North Carolina
-$89K -6,500 Closed
VFA
145
Valeo Financial Advisors
Indiana
-$81K -5,893 Closed
Fidelity Investments
146
Fidelity Investments
Massachusetts
-$44.9K -2,994 -100%
CMBA
147
C.M. Bidwell & Associates
Hawaii
-$34K -2,445 Closed
CG
148
Cutler Group
California
-$13.5K -900 Closed
Bank of Montreal
149
Bank of Montreal
Ontario, Canada
-$12K -883 Closed
PMFA
150
Plante Moran Financial Advisors
Michigan
-$1K -77 Closed

ACRE Hedge Fund Activity: Q2 2021 in Review

121 of the 5,745 institutional investors tracked by Wall St. Rank reported a position in Ares Commercial Real Estate (ACRE) for Q2 2021, worth a combined $351M — up 18% from $296M a quarter earlier.

Sellers outnumbered buyers: 30 funds closed out of ACRE and 18 opened new positions — a net loss of 12 holders — while 29 trimmed existing stakes and 55 added.

The largest buyer was 1832 Asset Management, adding an estimated $12M. The largest seller was EJF Capital, exiting entirely with an estimated $7.88M sold.

  • 121 institutional investors held Ares Commercial Real Estate (ACRE) as of Q2 2021, down from 133 in Q1 2021.
  • Funds reported $351M of Ares Commercial Real Estate stock for Q2 2021, up 18% quarter-over-quarter.
  • 18 funds opened new Ares Commercial Real Estate positions in Q2 2021 and 30 closed out, a net change of -12 holders.
  • The largest Ares Commercial Real Estate buyer in Q2 2021 was 1832 Asset Management, an estimated $12M added.
  • The largest Ares Commercial Real Estate seller in Q2 2021 was EJF Capital, an estimated $7.88M sold.

Based on aggregated 13F filings for Q2 2021.