Ares Commercial Real Estate
ACRE
110 hedge funds and large institutions have $243M invested in Ares Commercial Real Estate in 2017 Q2 according to their latest regulatory filings, with 13 funds opening new positions, 36 increasing their positions, 39 reducing their positions, and 15 closing their positions.
6% more capital inflows, than outflows
Capital inflows: $19.6M | Capital outflows: $18.5M
0.31% more ownership
Funds ownership: 65% → 65.3% (+0.31%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
8% less repeat investments, than reductions
Existing positions increased: 36 | Existing positions reduced: 39
2% less funds holding
Funds holding: 112 → 110 (-2)
13% less first-time investments, than exits
New positions opened: 13 | Existing positions closed: 15
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AEGON Asset Management (UK)
Edinburgh,
United Kingdom
|
+$3.51M |
| 2 |
YMRC
Yorktown Management & Research Company
Forest,
Virginia
|
+$3.08M |
| 3 |
Thrivent Financial for Lutherans
Minneapolis,
Minnesota
|
+$1.84M |
| 4 |
BlackRock
New York
|
+$1.53M |
| 5 |
Millennium Management
New York
|
+$1.33M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Acadian Asset Management
Boston,
Massachusetts
|
-$4.8M |
| 2 |
Martingale Asset Management
Boston,
Massachusetts
|
-$2M |
| 3 |
Morgan Stanley
New York
|
-$1M |
| 4 |
Renaissance Technologies
New York
|
-$914K |
| 5 |
SCA
Secor Capital Advisors
New York
|
-$885K |
ACRE Hedge Fund Activity: Q2 2017 in Review
110 of the 4,023 institutional investors tracked by Wall St. Rank reported a position in Ares Commercial Real Estate (ACRE) for Q2 2017, worth a combined $243M — down 1.7% from $248M a quarter earlier.
Sellers outnumbered buyers: 15 funds closed out of ACRE and 13 opened new positions — a net loss of 2 holders — while 39 trimmed existing stakes and 36 added.
The largest buyer was AEGON Asset Management (UK), opening a new position worth an estimated $3.51M. The largest seller was Acadian Asset Management, cutting an estimated $4.8M.
- 110 institutional investors held Ares Commercial Real Estate (ACRE) as of Q2 2017, down from 112 in Q1 2017.
- Funds reported $243M of Ares Commercial Real Estate stock for Q2 2017, down 1.7% quarter-over-quarter.
- 13 funds opened new Ares Commercial Real Estate positions in Q2 2017 and 15 closed out, a net change of -2 holders.
- The largest Ares Commercial Real Estate buyer in Q2 2017 was AEGON Asset Management (UK), an estimated $3.51M added.
- The largest Ares Commercial Real Estate seller in Q2 2017 was Acadian Asset Management, an estimated $4.8M sold.
Based on aggregated 13F filings for Q2 2017.