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ACRE

Ares Commercial Real Estate

132 hedge funds and large institutions have $107M invested in Ares Commercial Real Estate in 2025 Q2 according to their latest regulatory filings, with 22 funds opening new positions, 50 increasing their positions, 35 reducing their positions, and 17 closing their positions.

New
Increased
Maintained
Reduced
Closed

43% more repeat investments, than reductions

Existing positions increased: 50 | Existing positions reduced: 35

29% more first-time investments, than exits

New positions opened: 22 | Existing positions closed: 17

27% more call options, than puts

Call options by funds: $806K | Put options by funds: $636K

3% more funds holding

Funds holding: 128132 (+4)

4% more capital invested

Capital invested by funds: $103M → $107M (+$4.48M)

0.34% more ownership

Funds ownership: 40.54%40.89% (+0.34%)

0% more funds holding in top 10

Funds holding in top 10: 11 (0)

Holders
132
Holders Change
+4
Holders Change %
+3.13%
% of All Funds
1.74%
Holding in Top 10
1
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.01%
New
22
Increased
50
Reduced
35
Closed
17
Calls
$806K
Puts
$636K
Net Calls
+$170K
Net Calls Change
+$288K
Name Holding Trade Value Shares
Change
Change in
Stake
BlackRock
1
BlackRock
New York
$21.9M -$1.17M -264,388 -5%
Vanguard Group
2
Vanguard Group
Pennsylvania
$14.5M +$332K +74,775 +3%
Geode Capital Management
3
Geode Capital Management
Massachusetts
$6.33M -$1.18K -266 -0%
Hotchkis & Wiley Capital Management
4
Hotchkis & Wiley Capital Management
California
$6.1M +$818K +184,350 +17%
State Street
5
State Street
Massachusetts
$5.71M +$226K +50,818 +5%
Balyasny Asset Management
6
Balyasny Asset Management
Illinois
$5.02M -$1.22M -273,851 -21%
CWA
7
Cura Wealth Advisors
Illinois
$4.68M +$78.8K +17,739 +2%
Northern Trust
8
Northern Trust
Illinois
$2.77M +$407K +91,649 +19%
Marshall Wace
9
Marshall Wace
United Kingdom
$2.69M +$2.5M +562,974 New
Wellington Management Group
10
Wellington Management Group
Massachusetts
$2.63M
BAMF
11
BI Asset Management Fondsmaeglerselskab
Denmark
$2.16M +$150K +33,764 +8%
DIA
12
Dana Investment Advisors
Wisconsin
$2.11M -$31.8K -7,162 -2%
Goldman Sachs
13
Goldman Sachs
New York
$1.75M +$775K +174,672 +91%
JP Morgan Chase
14
JP Morgan Chase
New York
$1.73M -$254K -57,128 -14%
Morgan Stanley
15
Morgan Stanley
New York
$1.39M +$283K +63,804 +28%
UBS Group
16
UBS Group
Switzerland
$1.13M -$196K -44,205 -16%
PCM
17
Penserra Capital Management
California
$1.08M +$310K +69,881 +44%
Ameriprise
18
Ameriprise
Minnesota
$1.08M +$27.1K +6,100 +3%
DFG
19
Delphi Financial Group
Delaware
$1.03M
LIP
20
Lighthouse Investment Partners
Florida
$949K
GCP
21
GSA Capital Partners
United Kingdom
$897K +$201K +45,257 +32%
Invesco
22
Invesco
Georgia
$827K -$122K -27,508 -14%
Jane Street
23
Jane Street
New York
$797K -$350K -78,832 -32%
Charles Schwab
24
Charles Schwab
California
$755K +$35.6K +8,022 +5%
Bank of New York Mellon
25
Bank of New York Mellon
New York
$694K +$14.6K +3,285 +2%

ACRE Hedge Fund Activity: Q2 2025 in Review

132 of the 7,596 institutional investors tracked by Wall St. Rank reported a position in Ares Commercial Real Estate (ACRE) for Q2 2025, worth a combined $107M — up 4.4% from $103M a quarter earlier.

Buyers outnumbered sellers: 22 funds opened new ACRE positions and 17 closed out — a net gain of 5 holders — while 50 added to existing stakes and 35 trimmed.

The largest buyer was Marshall Wace, opening a new position worth an estimated $2.5M. The largest seller was VanEck Associates, cutting an estimated $2.17M.

  • 132 institutional investors held Ares Commercial Real Estate (ACRE) as of Q2 2025, up from 128 in Q1 2025.
  • Funds reported $107M of Ares Commercial Real Estate stock for Q2 2025, up 4.4% quarter-over-quarter.
  • 22 funds opened new Ares Commercial Real Estate positions in Q2 2025 and 17 closed out, a net change of +5 holders.
  • The largest Ares Commercial Real Estate buyer in Q2 2025 was Marshall Wace, an estimated $2.5M added.
  • The largest Ares Commercial Real Estate seller in Q2 2025 was VanEck Associates, an estimated $2.17M sold.

Based on aggregated 13F filings for Q2 2025.