Ares Commercial Real Estate
ACRE
84 hedge funds and large institutions have $196M invested in Ares Commercial Real Estate in 2015 Q1 according to their latest regulatory filings, with 11 funds opening new positions, 36 increasing their positions, 21 reducing their positions, and 6 closing their positions.
83% more first-time investments, than exits
New positions opened: 11 | Existing positions closed: 6
71% more repeat investments, than reductions
Existing positions increased: 36 | Existing positions reduced: 21
6% more funds holding
Funds holding: 79 → 84 (+5)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
1.55% less ownership
Funds ownership: 63.63% → 62.08% (-1.6%)
6% less capital invested
Capital invested by funds: $209M → $196M (-$12.9M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AllianceBernstein
Nashville,
Tennessee
|
+$2.39M |
| 2 |
N
Nuveen
Charlotte,
North Carolina
|
+$1.89M |
| 3 |
Balyasny Asset Management
Chicago,
Illinois
|
+$1.86M |
| 4 |
CHAM
Clear Harbor Asset Management
Stamford,
Connecticut
|
+$1.72M |
| 5 |
Bank of America
Charlotte,
North Carolina
|
+$1.04M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BIT
BlackRock Institutional Trust
San Francisco,
California
|
-$8.28M |
| 2 |
FCM
Frontier Capital Management
Boston,
Massachusetts
|
-$8.07M |
| 3 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
-$2.5M |
| 4 |
Millennium Management
New York
|
-$1.91M |
| 5 |
PAIM
Punch & Associates Investment Management
Edina,
Minnesota
|
-$684K |
ACRE Hedge Fund Activity: Q1 2015 in Review
84 of the 3,752 institutional investors tracked by Wall St. Rank reported a position in Ares Commercial Real Estate (ACRE) for Q1 2015, worth a combined $196M — down 6.2% from $209M a quarter earlier.
Buyers outnumbered sellers: 11 funds opened new ACRE positions and 6 closed out — a net gain of 5 holders — while 36 added to existing stakes and 21 trimmed.
The largest buyer was AllianceBernstein, adding an estimated $2.39M. The largest seller was BlackRock Institutional Trust, cutting an estimated $8.28M.
- 84 institutional investors held Ares Commercial Real Estate (ACRE) as of Q1 2015, up from 79 in Q4 2014.
- Funds reported $196M of Ares Commercial Real Estate stock for Q1 2015, down 6.2% quarter-over-quarter.
- 11 funds opened new Ares Commercial Real Estate positions in Q1 2015 and 6 closed out, a net change of +5 holders.
- The largest Ares Commercial Real Estate buyer in Q1 2015 was AllianceBernstein, an estimated $2.39M added.
- The largest Ares Commercial Real Estate seller in Q1 2015 was BlackRock Institutional Trust, an estimated $8.28M sold.
Based on aggregated 13F filings for Q1 2015.