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ACRE

Ares Commercial Real Estate

127 hedge funds and large institutions have $322M invested in Ares Commercial Real Estate in 2021 Q4 according to their latest regulatory filings, with 19 funds opening new positions, 42 increasing their positions, 42 reducing their positions, and 16 closing their positions.

New
Increased
Maintained
Reduced
Closed

84% more call options, than puts

Call options by funds: $3.11M | Put options by funds: $1.69M

19% more first-time investments, than exits

New positions opened: 19 | Existing positions closed: 16

2% more funds holding

Funds holding: 124127 (+3)

0% more funds holding in top 10

Funds holding in top 10: 22 (0)

0% more repeat investments, than reductions

Existing positions increased: 42 | Existing positions reduced: 42

4.74% less ownership

Funds ownership: 51.93%47.19% (-4.7%)

12% less capital invested

Capital invested by funds: $368M → $322M (-$45.6M)

Holders
127
Holders Change
+3
Holders Change %
+2.42%
% of All Funds
1.95%
Holding in Top 10
2
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.03%
New
19
Increased
42
Reduced
42
Closed
16
Calls
$3.11M
Puts
$1.69M
Net Calls
+$1.43M
Net Calls Change
-$451K
Name Holding Trade Value Shares
Change
Change in
Stake
BlackRock
1
BlackRock
New York
$65.1M +$293K +19,211 +0.4%
Vanguard Group
2
Vanguard Group
Pennsylvania
$34.2M +$952K +62,407 +3%
DFG
3
Delphi Financial Group
Delaware
$23.6M +$411K +26,966 +2%
1832 Asset Management
4
1832 Asset Management
Ontario, Canada
$23.2M +$102K +6,711 +0.4%
JP Morgan Chase
5
JP Morgan Chase
New York
$14.2M +$1.43M +93,850 +11%
State Street
6
State Street
Massachusetts
$13.7M +$1.01M +66,137 +8%
Boston Partners
7
Boston Partners
Massachusetts
$12.1M -$69.4K -4,549 -0.5%
Geode Capital Management
8
Geode Capital Management
Massachusetts
$11.4M +$469K +30,732 +4%
SGCIA
9
Smith Graham & Co Investment Advisors
Texas
$8.89M -$755K -49,514 -7%
Morgan Stanley
10
Morgan Stanley
New York
$7.6M +$1.89M +124,033 +31%
Northern Trust
11
Northern Trust
Illinois
$6.47M -$208K -13,620 -3%
VanEck Associates
12
VanEck Associates
New York
$5.66M -$115K -7,564 -2%
Two Sigma Advisers
13
Two Sigma Advisers
New York
$5.08M -$4.94M -323,900 -48%
Wells Fargo
14
Wells Fargo
California
$4.39M -$3.17M -207,684 -41%
MIM
15
Merrion Investment Management
New Jersey
$4.19M -$580 -38 -0%
KCM
16
Kennedy Capital Management
Missouri
$4.16M -$79.9K -5,236 -2%
LSV Asset Management
17
LSV Asset Management
Illinois
$3.81M -$578K -37,900 -13%
Federated Hermes
18
Federated Hermes
Pennsylvania
$3.77M -$61 -4 -0%
RVPG
19
Relative Value Partners Group
$3.48M +$217K +14,215 +6%
MPAM
20
Monarch Partners Asset Management
Massachusetts
$2.8M +$244K +16,017 +9%
Bank of New York Mellon
21
Bank of New York Mellon
New York
$2.79M +$224K +14,713 +8%
AWA
22
Arete Wealth Advisors
Illinois
$2.64M +$2.42M +158,500 +697%
Prudential Financial
23
Prudential Financial
New Jersey
$2.29M -$887K -58,151 -27%
AAM
24
Advisors Asset Management
Colorado
$2.27M -$154K -10,115 -6%
Citigroup
25
Citigroup
New York
$2.07M +$111K +7,281 +5%

ACRE Hedge Fund Activity: Q4 2021 in Review

127 of the 6,498 institutional investors tracked by Wall St. Rank reported a position in Ares Commercial Real Estate (ACRE) for Q4 2021, worth a combined $322M — down 12% from $368M a quarter earlier.

Buyers outnumbered sellers: 19 funds opened new ACRE positions and 16 closed out — a net gain of 3 holders — while 42 added to existing stakes and 42 trimmed.

The largest buyer was Arete Wealth Advisors, adding an estimated $2.42M. The largest seller was Invesco, cutting an estimated $15.7M.

  • 127 institutional investors held Ares Commercial Real Estate (ACRE) as of Q4 2021, up from 124 in Q3 2021.
  • Funds reported $322M of Ares Commercial Real Estate stock for Q4 2021, down 12% quarter-over-quarter.
  • 19 funds opened new Ares Commercial Real Estate positions in Q4 2021 and 16 closed out, a net change of +3 holders.
  • The largest Ares Commercial Real Estate buyer in Q4 2021 was Arete Wealth Advisors, an estimated $2.42M added.
  • The largest Ares Commercial Real Estate seller in Q4 2021 was Invesco, an estimated $15.7M sold.

Based on aggregated 13F filings for Q4 2021.