Ares Commercial Real Estate
ACRE
135 hedge funds and large institutions have $212M invested in Ares Commercial Real Estate in 2023 Q2 according to their latest regulatory filings, with 22 funds opening new positions, 47 increasing their positions, 40 reducing their positions, and 19 closing their positions.
95% more call options, than puts
Call options by funds: $3.41M | Put options by funds: $1.75M
18% more repeat investments, than reductions
Existing positions increased: 47 | Existing positions reduced: 40
16% more first-time investments, than exits
New positions opened: 22 | Existing positions closed: 19
7% more capital invested
Capital invested by funds: $198M → $212M (+$14.3M)
1% more funds holding
Funds holding: 134 → 135 (+1)
1.63% less ownership
Funds ownership: 39.71% → 38.09% (-1.6%)
Top Buyers
| 1 |
BlackRock
New York
|
+$2.29M |
| 2 |
Millennium Management
New York
|
+$1.15M |
| 3 |
ECM
ExodusPoint Capital Management
New York
|
+$763K |
| 4 |
Balyasny Asset Management
Chicago,
Illinois
|
+$713K |
| 5 |
AWA
Arete Wealth Advisors
Chicago,
Illinois
|
+$560K |
Top Sellers
| 1 |
JP Morgan Chase
New York
|
-$6.55M |
| 2 |
Citadel Advisors
Miami,
Florida
|
-$2.04M |
| 3 |
RBC
Roble Belko & Company
Sewickley,
Pennsylvania
|
-$1.31M |
| 4 |
State Street
Boston,
Massachusetts
|
-$1.25M |
| 5 |
Wellington Management Group
Boston,
Massachusetts
|
-$1.1M |
ACRE Hedge Fund Activity: Q2 2023 in Review
135 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in Ares Commercial Real Estate (ACRE) for Q2 2023, worth a combined $212M — up 7.2% from $198M a quarter earlier.
Buyers outnumbered sellers: 22 funds opened new ACRE positions and 19 closed out — a net gain of 3 holders — while 47 added to existing stakes and 40 trimmed.
The largest buyer was BlackRock, adding an estimated $2.29M. The largest seller was JP Morgan Chase, cutting an estimated $6.55M.
- 135 institutional investors held Ares Commercial Real Estate (ACRE) as of Q2 2023, up from 134 in Q1 2023.
- Funds reported $212M of Ares Commercial Real Estate stock for Q2 2023, up 7.2% quarter-over-quarter.
- 22 funds opened new Ares Commercial Real Estate positions in Q2 2023 and 19 closed out, a net change of +3 holders.
- The largest Ares Commercial Real Estate buyer in Q2 2023 was BlackRock, an estimated $2.29M added.
- The largest Ares Commercial Real Estate seller in Q2 2023 was JP Morgan Chase, an estimated $6.55M sold.
Based on aggregated 13F filings for Q2 2023.