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ACRE

Ares Commercial Real Estate

129 hedge funds and large institutions have $154M invested in Ares Commercial Real Estate in 2024 Q3 according to their latest regulatory filings, with 14 funds opening new positions, 51 increasing their positions, 44 reducing their positions, and 22 closing their positions.

New
Increased
Maintained
Reduced
Closed

99% more call options, than puts

Call options by funds: $1.02M | Put options by funds: $514K

16% more repeat investments, than reductions

Existing positions increased: 51 | Existing positions reduced: 44

2% more capital invested

Capital invested by funds: $150M → $154M (+$3.68M)

1.02% less ownership

Funds ownership: 41.33%40.31% (-1%)

7% less funds holding

Funds holding: 139129 (-10)

36% less first-time investments, than exits

New positions opened: 14 | Existing positions closed: 22

Holders
129
Holders Change
-10
Holders Change %
-7.19%
% of All Funds
1.85%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
14
Increased
51
Reduced
44
Closed
22
Calls
$1.02M
Puts
$514K
Net Calls
+$508K
Net Calls Change
+$2.12M
Name Holding Trade Value Shares
Change
Change in
Stake
BlackRock
1
BlackRock
New York
$35.6M +$1.38M +191,971 +4%
Vanguard Group
2
Vanguard Group
Pennsylvania
$20.9M +$559K +77,890 +3%
Invesco
3
Invesco
Georgia
$16M +$1M +139,507 +6%
Geode Capital Management
4
Geode Capital Management
Massachusetts
$8.91M +$117K +16,309 +1%
State Street
5
State Street
Massachusetts
$7.63M +$171K +23,845 +2%
Balyasny Asset Management
6
Balyasny Asset Management
Illinois
$6.81M -$283K -39,372 -4%
Hotchkis & Wiley Capital Management
7
Hotchkis & Wiley Capital Management
California
$6.03M +$63.9K +8,900 +1%
Wellington Management Group
8
Wellington Management Group
Massachusetts
$4.3M
DIA
9
Dana Investment Advisors
Wisconsin
$3.42M -$414K -57,670 -11%
VanEck Associates
10
VanEck Associates
New York
$3.24M -$217K -30,209 -6%
Northern Trust
11
Northern Trust
Illinois
$3.2M +$96.5K +13,445 +3%
JP Morgan Chase
12
JP Morgan Chase
New York
$2.91M +$1.94M +270,791 +187%
Morgan Stanley
13
Morgan Stanley
New York
$2.52M +$475K +66,169 +22%
BAMF
14
BI Asset Management Fondsmaeglerselskab
Denmark
$2.25M +$203K +28,300 +10%
AI
15
AXS Investments
New York
$1.81M -$67.3K -9,378 -4%
Goldman Sachs
16
Goldman Sachs
New York
$1.71M +$641K +89,310 +58%
Bank of New York Mellon
17
Bank of New York Mellon
New York
$1.16M -$288K -40,178 -19%
Charles Schwab
18
Charles Schwab
California
$1.05M -$108 -15 -0%
PCM
19
Penserra Capital Management
California
$1.04M +$200K +27,900 +23%
UBS Group
20
UBS Group
Switzerland
$895K -$41.1K -5,726 -4%
AAM
21
Advisors Asset Management
Colorado
$891K -$22.9K -3,193 -2%
N
22
Nuveen
North Carolina
$838K
BA
23
Bard Associates
Illinois
$835K -$38.4K -5,353 -4%
Citadel Advisors
24
Citadel Advisors
Florida
$807K -$1.81M -251,586 -69%
EW
25
Evoke Wealth
California
$762K +$754K +105,064 New

ACRE Hedge Fund Activity: Q3 2024 in Review

129 of the 6,964 institutional investors tracked by Wall St. Rank reported a position in Ares Commercial Real Estate (ACRE) for Q3 2024, worth a combined $154M — up 2.4% from $150M a quarter earlier.

Sellers outnumbered buyers: 22 funds closed out of ACRE and 14 opened new positions — a net loss of 8 holders — while 44 trimmed existing stakes and 51 added.

The largest buyer was JP Morgan Chase, adding an estimated $1.94M. The largest seller was Arete Wealth Advisors, cutting an estimated $5.55M.

  • 129 institutional investors held Ares Commercial Real Estate (ACRE) as of Q3 2024, down from 139 in Q2 2024.
  • Funds reported $154M of Ares Commercial Real Estate stock for Q3 2024, up 2.4% quarter-over-quarter.
  • 14 funds opened new Ares Commercial Real Estate positions in Q3 2024 and 22 closed out, a net change of -8 holders.
  • The largest Ares Commercial Real Estate buyer in Q3 2024 was JP Morgan Chase, an estimated $1.94M added.
  • The largest Ares Commercial Real Estate seller in Q3 2024 was Arete Wealth Advisors, an estimated $5.55M sold.

Based on aggregated 13F filings for Q3 2024.