Ares Commercial Real Estate
ACRE
100 hedge funds and large institutions have $225M invested in Ares Commercial Real Estate in 2015 Q3 according to their latest regulatory filings, with 23 funds opening new positions, 38 increasing their positions, 21 reducing their positions, and 18 closing their positions.
81% more repeat investments, than reductions
Existing positions increased: 38 | Existing positions reduced: 21
28% more first-time investments, than exits
New positions opened: 23 | Existing positions closed: 18
12% more capital invested
Capital invested by funds: $200M → $225M (+$24.3M)
5% more funds holding
Funds holding: 95 → 100 (+5)
3.38% more ownership
Funds ownership: 62.19% → 65.57% (+3.4%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Acadian Asset Management
Boston,
Massachusetts
|
+$12.3M |
| 2 |
RIM
RS Investment Management
San Francisco,
California
|
+$7.01M |
| 3 |
Renaissance Technologies
New York
|
+$4.19M |
| 4 |
IG
ING Group
Amsterdam,
Netherlands
|
+$3.45M |
| 5 |
Morgan Stanley
New York
|
+$2.31M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
-$6.18M |
| 2 |
CHAM
Clear Harbor Asset Management
Stamford,
Connecticut
|
-$5.94M |
| 3 |
MCP
Moab Capital Partners
Southampton,
New York
|
-$5.82M |
| 4 |
PAIM
Punch & Associates Investment Management
Edina,
Minnesota
|
-$3.12M |
| 5 |
Balyasny Asset Management
Chicago,
Illinois
|
-$2.63M |
ACRE Hedge Fund Activity: Q3 2015 in Review
100 of the 3,582 institutional investors tracked by Wall St. Rank reported a position in Ares Commercial Real Estate (ACRE) for Q3 2015, worth a combined $225M — up 12% from $200M a quarter earlier.
Buyers outnumbered sellers: 23 funds opened new ACRE positions and 18 closed out — a net gain of 5 holders — while 38 added to existing stakes and 21 trimmed.
The largest buyer was Acadian Asset Management, adding an estimated $12.3M. The largest seller was Millennium Management, cutting an estimated $6.18M.
- 100 institutional investors held Ares Commercial Real Estate (ACRE) as of Q3 2015, up from 95 in Q2 2015.
- Funds reported $225M of Ares Commercial Real Estate stock for Q3 2015, up 12% quarter-over-quarter.
- 23 funds opened new Ares Commercial Real Estate positions in Q3 2015 and 18 closed out, a net change of +5 holders.
- The largest Ares Commercial Real Estate buyer in Q3 2015 was Acadian Asset Management, an estimated $12.3M added.
- The largest Ares Commercial Real Estate seller in Q3 2015 was Millennium Management, an estimated $6.18M sold.
Based on aggregated 13F filings for Q3 2015.