Ares Commercial Real Estate
ACRE
112 hedge funds and large institutions have $248M invested in Ares Commercial Real Estate in 2017 Q1 according to their latest regulatory filings, with 10 funds opening new positions, 42 increasing their positions, 44 reducing their positions, and 17 closing their positions.
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
0.6% less ownership
Funds ownership: 65.6% → 65% (-0.6%)
3% less capital invested
Capital invested by funds: $256M → $248M (-$8.89M)
5% less repeat investments, than reductions
Existing positions increased: 42 | Existing positions reduced: 44
10% less funds holding
Funds holding: 124 → 112 (-12)
41% less first-time investments, than exits
New positions opened: 10 | Existing positions closed: 17
75% less call options, than puts
Call options by funds: $29K | Put options by funds: $118K
Top Buyers
| 1 |
BlackRock
New York
|
+$37.2M |
| 2 |
CCP
Clough Capital Partners
Boston,
Massachusetts
|
+$2.03M |
| 3 |
TC
Telemus Capital
Southfield,
Michigan
|
+$1.63M |
| 4 |
N
Nuveen
Charlotte,
North Carolina
|
+$1.59M |
| 5 |
Thrivent Financial for Lutherans
Minneapolis,
Minnesota
|
+$1.19M |
Top Sellers
| 1 |
AllianceBernstein
Nashville,
Tennessee
|
-$2.33M |
| 2 |
Acadian Asset Management
Boston,
Massachusetts
|
-$1.77M |
| 3 |
Morgan Stanley
New York
|
-$1.66M |
| 4 |
Wells Fargo
San Francisco,
California
|
-$1.41M |
| 5 |
JIR
James Investment Research
Alpha,
Ohio
|
-$1.12M |
ACRE Hedge Fund Activity: Q1 2017 in Review
112 of the 4,017 institutional investors tracked by Wall St. Rank reported a position in Ares Commercial Real Estate (ACRE) for Q1 2017, worth a combined $248M — down 3.5% from $256M a quarter earlier.
Sellers outnumbered buyers: 17 funds closed out of ACRE and 10 opened new positions — a net loss of 7 holders — while 44 trimmed existing stakes and 42 added.
The largest buyer was BlackRock, adding an estimated $37.2M. The largest seller was AllianceBernstein, cutting an estimated $2.33M.
- 112 institutional investors held Ares Commercial Real Estate (ACRE) as of Q1 2017, down from 124 in Q4 2016.
- Funds reported $248M of Ares Commercial Real Estate stock for Q1 2017, down 3.5% quarter-over-quarter.
- 10 funds opened new Ares Commercial Real Estate positions in Q1 2017 and 17 closed out, a net change of -7 holders.
- The largest Ares Commercial Real Estate buyer in Q1 2017 was BlackRock, an estimated $37.2M added.
- The largest Ares Commercial Real Estate seller in Q1 2017 was AllianceBernstein, an estimated $2.33M sold.
Based on aggregated 13F filings for Q1 2017.