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ACRE

Ares Commercial Real Estate

142 hedge funds and large institutions have $237M invested in Ares Commercial Real Estate in 2023 Q4 according to their latest regulatory filings, with 21 funds opening new positions, 52 increasing their positions, 47 reducing their positions, and 17 closing their positions.

New
Increased
Maintained
Reduced
Closed

24% more first-time investments, than exits

New positions opened: 21 | Existing positions closed: 17

16% more capital invested

Capital invested by funds: $204M → $237M (+$33.5M)

11% more repeat investments, than reductions

Existing positions increased: 52 | Existing positions reduced: 47

2.77% more ownership

Funds ownership: 39.39%42.16% (+2.8%)

2% more funds holding

Funds holding: 139142 (+3)

10% more call options, than puts

Call options by funds: $1.6M | Put options by funds: $1.45M

Holders
142
Holders Change
+3
Holders Change %
+2.16%
% of All Funds
2.07%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
21
Increased
52
Reduced
47
Closed
17
Calls
$1.6M
Puts
$1.45M
Net Calls
+$144K
Net Calls Change
-$996K
Name Holding Trade Value Shares
Change
Change in
Stake
Fifth Third Bancorp
126
Fifth Third Bancorp
Ohio
$8.29K
S
127
SignatureFD
Georgia
$8.14K -$1.49K -151 -16%
HI
128
Harbour Investments
Wisconsin
$7.69K +$246 +25 +3%
Carson Wealth (CWM LLC)
129
Carson Wealth (CWM LLC)
Nebraska
$6K +$1.98K +201 +60%
Russell Investments Group
130
Russell Investments Group
United Kingdom
$5.79K +$4.16K +422 +308%
SSG
131
Summit Securities Group
New York
$5K +$4.92K +500 New
AA
132
AlphaMark Advisors
Kentucky
$4K +$138 +14 +3%
IA
133
IFP Advisors
Florida
$2.38K
PA
134
PSI Advisors
Florida
$1.63K +$30 +3 +2%
HNB
135
Huntington National Bank
Ohio
$1.18K -$423 -43 -27%
AP
136
Aspect Partners
Virginia
$1.04K +$984 +100 New
Comerica Bank
137
Comerica Bank
Texas
$943 -$738 -75 -45%
AF
138
Allworth Financial
California
$850 +$443 +45 +122%
AAP
139
Arax Advisory Partners
Colorado
$208 +$197 +20 New
FFA
140
Farther Finance Advisors
California
$21 +$20 +2 New
Balyasny Asset Management
141
Balyasny Asset Management
Illinois
-$2.24M -234,780 Closed
FNT
142
First National Trust
Pennsylvania
-$762K -80,058 Closed
SSA
143
Schonfeld Strategic Advisors
New York
-$401K -42,100 Closed
DFCM
144
Dark Forest Capital Management
Puerto Rico
-$272K -28,579 Closed
Connor, Clark & Lunn Investment Management (CC&L)
145
Connor, Clark & Lunn Investment Management (CC&L)
British Columbia, Canada
-$250K -26,257 Closed
NRD
146
Nebula Research & Development
New York
-$182K -19,149 Closed
ECM
147
Evergreen Capital Management
Washington
-$181K -18,361 Closed
D.E. Shaw & Co
148
D.E. Shaw & Co
New York
-$146K -15,300 Closed
NW
149
Naviter Wealth
Arkansas
-$127K -12,860 Closed
DTL
150
Dynamic Technology Lab
Singapore
-$111K -11,634 Closed

ACRE Hedge Fund Activity: Q4 2023 in Review

142 of the 6,859 institutional investors tracked by Wall St. Rank reported a position in Ares Commercial Real Estate (ACRE) for Q4 2023, worth a combined $237M — up 16% from $204M a quarter earlier.

Buyers outnumbered sellers: 21 funds opened new ACRE positions and 17 closed out — a net gain of 4 holders — while 52 added to existing stakes and 47 trimmed.

The largest buyer was Invesco, adding an estimated $10.2M. The largest seller was Millennium Management, cutting an estimated $8.84M.

  • 142 institutional investors held Ares Commercial Real Estate (ACRE) as of Q4 2023, up from 139 in Q3 2023.
  • Funds reported $237M of Ares Commercial Real Estate stock for Q4 2023, up 16% quarter-over-quarter.
  • 21 funds opened new Ares Commercial Real Estate positions in Q4 2023 and 17 closed out, a net change of +4 holders.
  • The largest Ares Commercial Real Estate buyer in Q4 2023 was Invesco, an estimated $10.2M added.
  • The largest Ares Commercial Real Estate seller in Q4 2023 was Millennium Management, an estimated $8.84M sold.

Based on aggregated 13F filings for Q4 2023.