We are live on ! Find out more
ACRE

Ares Commercial Real Estate
ACRE

124 hedge funds and large institutions have $256M invested in Ares Commercial Real Estate in 2016 Q4 according to their latest regulatory filings, with 16 funds opening new positions, 42 increasing their positions, 43 reducing their positions, and 15 closing their positions.

New
Increased
Maintained
Reduced
Closed

11% more capital invested

Capital invested by funds: $231M → $256M (+$25.7M)

7% more first-time investments, than exits

New positions opened: 16 | Existing positions closed: 15

0.82% more ownership

Funds ownership: 64.77% → 65.6% (+0.82%)

0% more funds holding in top 10

Funds holding in top 10: 1 → 1 (0)

1% less funds holding

Funds holding: 125 → 124 (-1)

2% less repeat investments, than reductions

Existing positions increased: 42 | Existing positions reduced: 43

Holders
124
Holders Change
-1
Holders Change %
-0.8%
% of All Funds
3.1%
Holding in Top 10
1
Holding in Top 10 Change
–
Holding in Top 10 Change %
–
% of All Funds
0.03%
New
16
Increased
42
Reduced
43
Closed
15
Calls
–
Puts
–
Net Calls
–
Net Calls Change
–

Top Buyers

1
Nomura Holdings
Nomura Holdings
Japan
+$5.14M
2
ACM
Advisors Capital Management
New Jersey
+$2.67M
3
CCP
Clough Capital Partners
Massachusetts
+$2.64M
4
BA
Bard Associates
Illinois
+$1.84M
5
BIT
BlackRock Institutional Trust
California
+$1.57M

Top Sellers

1
IG
ING Group
Netherlands
-$5.72M
2
Renaissance Technologies
Renaissance Technologies
New York
-$2.25M
3
Millennium Management
Millennium Management
New York
-$1.74M
4
Deutsche Bank
Deutsche Bank
Germany
-$1.66M
5
AllianceBernstein
AllianceBernstein
Tennessee
-$1.63M
Name Holding Trade Value Shares
Change 		Change in
Stake
Boston Partners
1
Boston Partners
Massachusetts
$29.4M -$79K -5,943 -0.3%
BFA
2
BlackRock Fund Advisors
California
$20.4M +$1.24M +93,273 +7%
DFG
3
Delphi Financial Group
Delaware
$20.2M – – –
Vanguard Group
4
Vanguard Group
Pennsylvania
$15.2M +$564K +42,405 +4%
BIT
5
BlackRock Institutional Trust
California
$14.2M +$1.57M +117,956 +13%
Acadian Asset Management
6
Acadian Asset Management
Massachusetts
$13.4M -$992K -74,630 -7%
AllianceBernstein
7
AllianceBernstein
Tennessee
$11M -$1.63M -122,595 -13%
Morgan Stanley
8
Morgan Stanley
New York
$9.39M +$259K +19,455 +3%
State Street
9
State Street
Massachusetts
$9.21M +$458K +34,446 +5%
Wells Fargo
10
Wells Fargo
California
$8.04M +$557K +41,874 +8%
Neuberger Berman Group
11
Neuberger Berman Group
New York
$6.29M +$328K +24,700 +6%
Nomura Holdings
12
Nomura Holdings
Japan
$5.31M +$5.14M +386,847 New
Bank of America
13
Bank of America
North Carolina
$4.67M -$767K -57,710 -15%
Northern Trust
14
Northern Trust
Illinois
$4.02M +$31.1K +2,343 +0.8%
TC
15
Telemus Capital
Michigan
$3.89M +$826K +62,161 +28%
ACM
16
Advisors Capital Management
New Jersey
$3.64M +$2.67M +200,842 +313%
Allianz Asset Management
17
Allianz Asset Management
Germany
$3.41M +$1.3M +97,626 +65%
MAM
18
Martingale Asset Management
Massachusetts
$3.27M +$1.21M +91,146 +62%
BCM
19
Buckhead Capital Management
Georgia
$3.2M -$12K -900 -0.4%
Geode Capital Management
20
Geode Capital Management
Massachusetts
$3.08M +$124K +9,328 +4%
GCP
21
GSA Capital Partners
United Kingdom
$2.95M +$2.66K +200 +0.1%
CCP
22
Clough Capital Partners
Massachusetts
$2.73M +$2.64M +198,645 New
Russell Investments Group
23
Russell Investments Group
United Kingdom
$2.71M +$2.63M +197,471 New
RVPG
24
Relative Value Partners Group
$2.51M +$365K +27,488 +18%
CHAM
25
Clear Harbor Asset Management
Connecticut
$2.48M -$94.9K -7,135 -4%
1
2 3 4 5

ACRE Hedge Fund Activity: Q4 2016 in Review

124 of the 4,000 institutional investors tracked by Wall St. Rank reported a position in Ares Commercial Real Estate (ACRE) for Q4 2016, worth a combined $256M — up 11% from $231M a quarter earlier.

Buyers outnumbered sellers: 16 funds opened new ACRE positions and 15 closed out — a net gain of 1 holder — while 42 added to existing stakes and 43 trimmed.

The largest buyer was Nomura Holdings, opening a new position worth an estimated $5.14M. The largest seller was ING Group, exiting entirely with an estimated $5.72M sold.

  • 124 institutional investors held Ares Commercial Real Estate (ACRE) as of Q4 2016, down from 125 in Q3 2016.
  • Funds reported $256M of Ares Commercial Real Estate stock for Q4 2016, up 11% quarter-over-quarter.
  • 16 funds opened new Ares Commercial Real Estate positions in Q4 2016 and 15 closed out, a net change of +1 holder.
  • The largest Ares Commercial Real Estate buyer in Q4 2016 was Nomura Holdings, an estimated $5.14M added.
  • The largest Ares Commercial Real Estate seller in Q4 2016 was ING Group, an estimated $5.72M sold.

Based on aggregated 13F filings for Q4 2016.