ACRE

Ares Commercial Real Estate
ACRE

Overview Fund Activity

112 hedge funds and large institutions have $243M invested in Ares Commercial Real Estate in 2018 Q4 according to their latest regulatory filings, with 17 funds opening new positions, 51 increasing their positions, 29 reducing their positions, and 5 closing their positions.

Holders
112
Holders Change
+12
Holders Change %
+12%
% of All Funds
2.5%
Holding in Top 10
2
Holding in Top 10 Change
–
Holding in Top 10 Change %
–
% of All Funds
0.04%
New
17
Increased
51
Reduced
29
Closed
5
Calls
$40K
Puts
$329K
Net Calls
-$289K
Net Calls Change
-$304K

Top Buyers

1
Acadian Asset Management
1
Acadian Asset Management
Massachusetts
$13M
2
Millennium Management
2
Millennium Management
New York
$4.19M
3
Renaissance Technologies
3
Renaissance Technologies
New York
$3.55M
4
ZIM
4
Zacks Investment Management
Illinois
$1.12M
5
BCM
5
Beck Capital Management
Texas
$1.53M

Top Sellers

1
Boston Partners
1
Boston Partners
Massachusetts
$25.2M
2
AllianceBernstein
2
AllianceBernstein
Tennessee
$1.7M
3
Neuberger Berman Group
3
Neuberger Berman Group
New York
$1.48M
4
ACM
4
Ativo Capital Management
Illinois
$0
5
Hotchkis & Wiley Capital Management
5
Hotchkis & Wiley Capital Management
California
$3.88M
Name Market Value Shares Shares
Change 		Shares
Change %
BlackRock
1
BlackRock
New York
$34.3M 2,631,862 -46,661 -2%
Boston Partners
2
Boston Partners
Massachusetts
$25.2M 1,935,205 -331,337 -15%
DFG
3
Delphi Financial Group
Delaware
$19.2M 1,469,769 – –
Vanguard Group
4
Vanguard Group
Pennsylvania
$17.3M 1,324,729 +16,871 +1%
Acadian Asset Management
5
Acadian Asset Management
Massachusetts
$13M 999,006 +215,028 +27%
State Street
6
State Street
Massachusetts
$10.9M 816,476 +13,265 +2%
TC
7
Telemus Capital
Michigan
$8.36M 641,252 +23,935 +4%
Nomura Holdings
8
Nomura Holdings
Japan
$6.49M 497,559 +34,926 +8%
Morgan Stanley
9
Morgan Stanley
New York
$5.76M 441,447 +6,215 +1%
Northern Trust
10
Northern Trust
Illinois
$4.21M 322,485 +6,622 +2%
Millennium Management
11
Millennium Management
New York
$4.19M 321,269 +123,156 +62%
Geode Capital Management
12
Geode Capital Management
Massachusetts
$4.01M 307,239 +21,537 +8%
Bank of America
13
Bank of America
North Carolina
$3.9M 299,348 -2,942 -1%
Hotchkis & Wiley Capital Management
14
Hotchkis & Wiley Capital Management
California
$3.88M 297,754 -52,964 -15%
RVPG
15
Relative Value Partners Group
$3.62M 271,497 +4,140 +2%
Renaissance Technologies
16
Renaissance Technologies
New York
$3.55M 272,200 +99,700 +58%
Wells Fargo
17
Wells Fargo
California
$3.49M 267,348 +3,591 +1%
TCIM
18
TIAA CREF Investment Management
New York
$3.24M 248,385 +3,799 +2%
Deutsche Bank
19
Deutsche Bank
Germany
$3.19M 245,067 +71,711 +41%
MAM
20
Martingale Asset Management
Massachusetts
$3.12M 238,865 +32,301 +16%
RA
21
Resource America
New York
$3.08M 235,775 – –
ACM
22
Advisors Capital Management
New Jersey
$3.01M 231,101 -27,792 -11%
YMRC
23
Yorktown Management & Research Company
Virginia
$3M 230,000 – –
LSV Asset Management
24
LSV Asset Management
Illinois
$2.77M 212,300 +36,600 +21%
PPA
25
Parametric Portfolio Associates
Washington
$2.59M 198,782 +36,377 +22%
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