Ares Commercial Real Estate
ACRE
139 hedge funds and large institutions have $150M invested in Ares Commercial Real Estate in 2024 Q2 according to their latest regulatory filings, with 23 funds opening new positions, 58 increasing their positions, 44 reducing their positions, and 36 closing their positions.
32% more repeat investments, than reductions
Existing positions increased: 58 | Existing positions reduced: 44
2.85% less ownership
Funds ownership: 44.18% → 41.33% (-2.8%)
10% less funds holding
Funds holding: 154 → 139 (-15)
17% less capital invested
Capital invested by funds: $182M → $150M (-$31.3M)
36% less first-time investments, than exits
New positions opened: 23 | Existing positions closed: 36
74% less call options, than puts
Call options by funds: $559K | Put options by funds: $2.17M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Invesco
Atlanta,
Georgia
|
+$2.3M |
| 2 |
Hotchkis & Wiley Capital Management
Los Angeles,
California
|
+$1.03M |
| 3 |
BlackRock
New York
|
+$1.01M |
| 4 |
PIWA
Prevail Innovative Wealth Advisors
Leawood,
Kansas
|
+$930K |
| 5 |
Vanguard Group
Malvern,
Pennsylvania
|
+$838K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Mirae Asset Global Investments
Seoul,
South Korea
|
-$7.11M |
| 2 |
RVPG
Relative Value Partners Group
|
-$3.96M |
| 3 |
State Street
Boston,
Massachusetts
|
-$1.3M |
| 4 |
MIM
Merrion Investment Management
Cranford,
New Jersey
|
-$1.25M |
| 5 |
GIM
Greenwich Investment Management
Norwalk,
Connecticut
|
-$1.22M |
ACRE Hedge Fund Activity: Q2 2024 in Review
139 of the 6,935 institutional investors tracked by Wall St. Rank reported a position in Ares Commercial Real Estate (ACRE) for Q2 2024, worth a combined $150M — down 17% from $182M a quarter earlier.
Sellers outnumbered buyers: 36 funds closed out of ACRE and 23 opened new positions — a net loss of 13 holders — while 44 trimmed existing stakes and 58 added.
The largest buyer was Invesco, adding an estimated $2.3M. The largest seller was Mirae Asset Global Investments, exiting entirely with an estimated $7.11M sold.
- 139 institutional investors held Ares Commercial Real Estate (ACRE) as of Q2 2024, down from 154 in Q1 2024.
- Funds reported $150M of Ares Commercial Real Estate stock for Q2 2024, down 17% quarter-over-quarter.
- 23 funds opened new Ares Commercial Real Estate positions in Q2 2024 and 36 closed out, a net change of -13 holders.
- The largest Ares Commercial Real Estate buyer in Q2 2024 was Invesco, an estimated $2.3M added.
- The largest Ares Commercial Real Estate seller in Q2 2024 was Mirae Asset Global Investments, an estimated $7.11M sold.
Based on aggregated 13F filings for Q2 2024.