Ares Commercial Real Estate
ACRE
121 hedge funds and large institutions have $351M invested in Ares Commercial Real Estate in 2021 Q2 according to their latest regulatory filings, with 18 funds opening new positions, 55 increasing their positions, 29 reducing their positions, and 30 closing their positions.
90% more repeat investments, than reductions
Existing positions increased: 55 | Existing positions reduced: 29
76% more call options, than puts
Call options by funds: $3.33M | Put options by funds: $1.9M
18% more capital invested
Capital invested by funds: $296M → $351M (+$54.8M)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
2.49% less ownership
Funds ownership: 53.48% → 50.99% (-2.5%)
9% less funds holding
Funds holding: 133 → 121 (-12)
40% less first-time investments, than exits
New positions opened: 18 | Existing positions closed: 30
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
1832 Asset Management
Toronto,
Ontario, Canada
|
+$12M |
| 2 |
BlackRock
New York
|
+$9.24M |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
+$5.39M |
| 4 |
LCM
LDR Capital Management
New York
|
+$4.18M |
| 5 |
Two Sigma Investments
New York
|
+$4.07M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
EC
EJF Capital
Arlington,
Virginia
|
-$7.88M |
| 2 |
Marshall Wace
London,
United Kingdom
|
-$3.82M |
| 3 |
LCM
Laurion Capital Management
New York
|
-$2.72M |
| 4 |
State of New Jersey Common Pension Fund D
Trenton,
New Jersey
|
-$2.58M |
| 5 |
Renaissance Technologies
New York
|
-$2.54M |
ACRE Hedge Fund Activity: Q2 2021 in Review
121 of the 5,745 institutional investors tracked by Wall St. Rank reported a position in Ares Commercial Real Estate (ACRE) for Q2 2021, worth a combined $351M — up 18% from $296M a quarter earlier.
Sellers outnumbered buyers: 30 funds closed out of ACRE and 18 opened new positions — a net loss of 12 holders — while 29 trimmed existing stakes and 55 added.
The largest buyer was 1832 Asset Management, adding an estimated $12M. The largest seller was EJF Capital, exiting entirely with an estimated $7.88M sold.
- 121 institutional investors held Ares Commercial Real Estate (ACRE) as of Q2 2021, down from 133 in Q1 2021.
- Funds reported $351M of Ares Commercial Real Estate stock for Q2 2021, up 18% quarter-over-quarter.
- 18 funds opened new Ares Commercial Real Estate positions in Q2 2021 and 30 closed out, a net change of -12 holders.
- The largest Ares Commercial Real Estate buyer in Q2 2021 was 1832 Asset Management, an estimated $12M added.
- The largest Ares Commercial Real Estate seller in Q2 2021 was EJF Capital, an estimated $7.88M sold.
Based on aggregated 13F filings for Q2 2021.