13FPulse
中
AC

ACRE ARES COMMERCIAL REAL ESTATE

2026Q2 · CUSIP 04013V108 · Sector: REITs

Normal

Fund flows are within the usual range

Funds that own it
139
Institutions that reported holding it to the SEC
Net increase in holders
+2
Last quarter 137 → now 139
How unusual is that
Below average
Stronger than only 45% of US stocks
What the filings say, in one paragraph

139 funds held ACRE at the end of 2026Q2, up 2 from the quarter before. Fund flows are within the usual range — nothing unusual. On the business itself, revenue over the last 12 months was $55M(YoY -10.6%), return on equity is -0.9%. ACRE has had 6 buying rushes in its history, and the price moved -8.2% on average over the six months after (that is the raw price move, not how much it beat the market by). It sits in the REITs sector.

How many funds owned it, quarter by quarter

Bars = net change in institutional holders, positive (green) or negative (red). Line = total institutional holders.

2013Q3: holders=73 2013Q4: holders=85 2014Q1: holders=90 2014Q2: holders=84 2014Q3: holders=79 2014Q4: holders=75 2015Q1: holders=80 2015Q2: holders=91 2015Q3: holders=96 2015Q4: holders=97 2016Q1: holders=102 2016Q2: holders=111 2016Q3: holders=120 2016Q4: holders=121 2017Q1: holders=111 2017Q2: holders=107 2017Q3: holders=103 2017Q4: holders=107 2018Q1: holders=106 2018Q2: holders=105 2018Q3: holders=98 2018Q4: holders=111 2019Q1: holders=133 2019Q2: holders=129 2019Q3: holders=140 2019Q4: holders=141 2020Q1: holders=129 2020Q2: holders=110 2020Q3: holders=113 2020Q4: holders=121 2021Q1: holders=132 2021Q2: holders=123 2021Q3: holders=123 2021Q4: holders=127 2022Q1: holders=137 2022Q2: holders=150 2022Q3: holders=147 2022Q4: holders=152 2023Q1: holders=134 2023Q2: holders=135 2023Q3: holders=139 2023Q4: holders=142 2024Q1: holders=153 2024Q2: holders=139 2024Q3: holders=129 2024Q4: holders=132 2025Q1: holders=128 2025Q2: holders=130 2025Q3: holders=145 2025Q4: holders=152 2026Q1: holders=137 2026Q2: holders=139 -22 -11 +0 +11 +22 65113161 13Q315Q116Q318Q119Q321Q122Q324Q125Q326Q2 Net change in holders (bars) Total funds holding (line)

What happened after each past buying rush 6 times in its history

Quarter of the rush How unusual then Price, next 3 months Price, next 6 months
2022Q2 Top 20% -8.0% -8.6%
2022Q1 Top 20% -0.7% -11.0%
2019Q3 Top 20% +16.9% -50.6%
2019Q1 Top 20% +3.4% +6.8%
2018Q4 Top 20% +9.0% +12.7%
2016Q3 Top 20% +3.4% +1.4%

These are the raw price moves, not how much it beat the market by. Compare them against the market over the same months — in a strong bull market almost everything is up.

Show all the numbers (large funds, value held, options…) ▾
Of them, large funds
84
Change in large funds
+4
Total value they hold
$113M
Funds buying for the first time
22
Funds that sold out entirely
20
Price change that quarter
-0.4%
Funds holding puts (bearish)
2
Funds holding calls (bullish)
3

These are for people who want to dig. Skip them if they do not mean anything to you — the three numbers above are enough.

8,697 institutions have filed for this quarter. 13F permits late filing and a small number arrive in the weeks after the deadline, so the holder counts and changes below may tick up.

Fundamentals

PE (TTM)
—
EPS (TTM)
$-0.08
EPS YoY
—
Revenue (TTM)
$0.1B
Revenue YoY
-10.6%
Net margin
-8.0%
ROE
-0.9%
Debt ratio
73.1%
FCF (TTM)
—
Dividend (TTM)
$0.60
Quarterly Revenue & EPS
2021-09-30: EPS 0.21 2021-12-31: EPS 0.33 2022-03-31: EPS 0.34 2022-06-30: EPS 0.20 2022-09-30: EPS 0.01 2022-12-31: EPS 0.02 2023-03-31: EPS -0.12 2023-06-30: EPS -0.04 2023-09-30: EPS 0.17 2023-12-31: EPS -0.73 2024-03-31: EPS -0.23 2024-06-30: EPS -0.11 2024-09-30: EPS -0.11 2024-12-31: EPS -0.19 2025-03-31: EPS 0.17 2025-06-30: EPS -0.20 2025-09-30: EPS 0.08 2025-12-31: EPS -0.07 2026-03-31: EPS -0.17 2026-06-30: EPS 0.08 0M 15M 30M $M -0.80 -0.21 0.37 201620172018202020212022202320242025202606/26 Revenue EPS

Quarterly figures, revenue up to 10 years back; EPS split-adjusted, early quarters hidden when not calibrable

P/E (TTM) over time
7 122 238 20222023202420252026

P/E = close around day 47 after quarter-end ÷ TTM EPS then; this is a consistent valuation date, not the company’s actual filing date; loss quarters hidden

As of 2026-06-30 · SEC filings (XBRL)

Email me the next update

2026 Q3 holdings are due 2026-11-16. We will email you when the refreshed lists are live.