Ares Commercial Real Estate Ownership

Who are the major shareholders and have insiders been buying or selling?

Recent Insider Transactions

DB:41I Recent Insider Transactions by Companies or Individuals
Date	Value	Name	Entity	Role	Shares	Max Price
30 Jan 24	Sell€179,621	Bryan Donohoe	Individual		18,868	€9.52
29 Jan 24	Sell€56,559	Anton Feingold	Individual		5,890	€9.60

Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.

Ownership Breakdown

What is the ownership structure of 41I?
Owner Type	Number of Shares	Ownership Percentage
Individual Insiders	2,126,944	3.9%
Institutions	24,175,791	44.4%
General Public	28,176,329	51.7%

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.

Top Shareholders

Top 25 shareholders own 40.13% of the company

Ownership	Name	Shares	Current Value	Change %	Portfolio %
9.33%	BlackRock, Inc.	5,083,912	€30.4m	3.92%	no data
5.47%	The Vanguard Group, Inc.	2,982,464	€17.8m	2.68%	no data
4.18%	Invesco Capital Management LLC	2,277,605	€13.6m	6.58%	0.01%
2.53%	Ressler/Gertz Family Foundation, Endowment Arm	1,380,000	€8.2m	0%	100.0%
2.34%	Geode Capital Management, LLC	1,272,163	€7.6m	1.3%	no data
1.93%	State Street Global Advisors, Inc.	1,052,314	€6.3m	2.32%	no data
1.79%	Balyasny Asset Management L.P.	972,863	€5.8m	-3.89%	0.02%
1.58%	Hotchkis and Wiley Capital Management, LLC	861,390	€5.1m	1.04%	0.02%
1.39%	Antony Ressler	756,010	€4.5m	0%	no data
1.31%	Michael Arougheti	711,545	€4.3m	0%	no data
1.13%	Wellington Management Group LLP	614,420	€3.7m	0%	no data
0.91%	Van Eck Associates Corporation	494,485	€3.0m	-5.76%	no data
0.9%	Dana Investment Advisors Inc	488,535	€2.9m	-10.6%	0.1%
0.84%	Northern Trust Global Investments	457,501	€2.7m	3.03%	no data
0.76%	Relative Value Partners Group, LLC	416,555	€2.5m	0%	0.15%
0.59%	Bi Asset Management FondsmÆGlerselskab A/S	320,753	€1.9m	9.68%	0.02%
0.51%	JPMorgan Chase & Co, Brokerage and Securities Investments	279,604	€1.7m	108,000%	no data
0.48%	Morgan Stanley, Investment Banking and Brokerage Investments	259,475	€1.6m	55.3%	no data
0.47%	AXS Investments LLC	258,288	€1.5m	-3.5%	0.3%
0.35%	Principal Global Investors, LLC	188,647	€1.1m	-0.31%	no data
0.3%	BNY Asset Management	165,965	€991.6k	-19.5%	no data
0.28%	Charles Schwab Investment Management, Inc.	150,247	€897.7k	-0.01%	no data
0.27%	Hoya Capital Real Estate, LLC	149,365	€892.4k	23%	0.72%
0.26%	Tae-Sik Yoon	142,587	€852.0k	28.6%	no data
0.23%	UBS Asset Management AG	127,803	€763.6k	-4.29%	no data

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2024/12/27 11:08
End of Day Share Price	2024/12/23 00:00
Earnings	2024/09/30
Annual Earnings	2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Ares Commercial Real Estate Corporation is covered by 14 analysts. 6 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution
Derek Hewett	BofA Global Research
Eric Dray	BofA Global Research
Jessica Levi-Ribner	B. Riley Securities, Inc.