Ares Commercial Real Estate
ACRE
114 hedge funds and large institutions have $231M invested in Ares Commercial Real Estate in 2016 Q2 according to their latest regulatory filings, with 19 funds opening new positions, 44 increasing their positions, 30 reducing their positions, and 9 closing their positions.
375% more call options, than puts
Call options by funds: $864K | Put options by funds: $182K
111% more first-time investments, than exits
New positions opened: 19 | Existing positions closed: 9
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
47% more repeat investments, than reductions
Existing positions increased: 44 | Existing positions reduced: 30
12% more capital invested
Capital invested by funds: $207M → $231M (+$24.1M)
9% more funds holding
Funds holding: 105 → 114 (+9)
0.02% less ownership
Funds ownership: 66.01% → 66% (-0.02%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
+$2.6M |
| 2 |
GCP
GSA Capital Partners
London,
United Kingdom
|
+$1.45M |
| 3 |
Wells Fargo
San Francisco,
California
|
+$1.22M |
| 4 |
LSV Asset Management
Chicago,
Illinois
|
+$1.21M |
| 5 |
Goldman Sachs
New York
|
+$946K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MCA
Mendon Capital Advisors
Key Largo,
Florida
|
-$3.34M |
| 2 |
Renaissance Technologies
New York
|
-$3.27M |
| 3 |
Prudential Financial
Newark,
New Jersey
|
-$2.48M |
| 4 |
RIM
RS Investment Management
San Francisco,
California
|
-$2.37M |
| 5 |
CHAM
Clear Harbor Asset Management
Stamford,
Connecticut
|
-$1.63M |
ACRE Hedge Fund Activity: Q2 2016 in Review
114 of the 3,756 institutional investors tracked by Wall St. Rank reported a position in Ares Commercial Real Estate (ACRE) for Q2 2016, worth a combined $231M — up 12% from $207M a quarter earlier.
Buyers outnumbered sellers: 19 funds opened new ACRE positions and 9 closed out — a net gain of 10 holders — while 44 added to existing stakes and 30 trimmed.
The largest buyer was BlackRock Fund Advisors, adding an estimated $2.6M. The largest seller was Mendon Capital Advisors, exiting entirely with an estimated $3.34M sold.
- 114 institutional investors held Ares Commercial Real Estate (ACRE) as of Q2 2016, up from 105 in Q1 2016.
- Funds reported $231M of Ares Commercial Real Estate stock for Q2 2016, up 12% quarter-over-quarter.
- 19 funds opened new Ares Commercial Real Estate positions in Q2 2016 and 9 closed out, a net change of +10 holders.
- The largest Ares Commercial Real Estate buyer in Q2 2016 was BlackRock Fund Advisors, an estimated $2.6M added.
- The largest Ares Commercial Real Estate seller in Q2 2016 was Mendon Capital Advisors, an estimated $3.34M sold.
Based on aggregated 13F filings for Q2 2016.