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	2,098,786	3.86%
Institutions	25,375,846	46.6%
General Public	26,959,792	49.5%

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

Top Shareholders

Top 25 shareholders own 41.61% of the company

Ownership	Name	Shares	Current Value	Change %	Portfolio %
8.99%	BlackRock, Inc.	4,891,941	€32.0m	3.08%	no data
5.34%	The Vanguard Group, Inc.	2,904,574	€19.0m	4.35%	no data
3.93%	Invesco Capital Management LLC	2,137,083	€14.0m	18.7%	0.01%
2.54%	Ressler/Gertz Family Foundation, Endowment Arm	1,380,000	€9.0m	0%	100.0%
2.31%	Geode Capital Management, LLC	1,255,854	€8.2m	4.15%	no data
1.89%	State Street Global Advisors, Inc.	1,028,469	€6.7m	-15.4%	no data
1.86%	Balyasny Asset Management L.P.	1,012,235	€6.6m	-7.11%	0.02%
1.57%	Hotchkis and Wiley Capital Management, LLC	852,490	€5.6m	21.2%	0.02%
1.45%	Arete Wealth Advisors, LLC	789,741	€5.2m	7.79%	0.45%
1.39%	Antony Ressler	756,010	€5.0m	0%	no data
1.31%	Michael Arougheti	711,545	€4.7m	0%	no data
1.13%	Wellington Management Group LLP	614,420	€4.0m	-20%	no data
1.11%	Smith, Graham & Co. Investment Advisors, L.P.	606,768	€4.0m	0%	0.48%
1%	Dana Investment Advisors Inc	546,205	€3.6m	-1.33%	0.13%
0.96%	Van Eck Associates Corporation	524,694	€3.4m	26.9%	no data
0.82%	Northern Trust Global Investments	444,056	€2.9m	-16.1%	no data
0.77%	Relative Value Partners Group, LLC	416,555	€2.7m	0%	0.17%
0.67%	Citadel Advisors LLC	366,805	€2.4m	25.9%	no data
0.54%	Bi Asset Management FondsmÆGlerselskab A/S	292,453	€1.9m	13.7%	0.02%
0.49%	AXS Investments LLC	267,666	€1.8m	24.1%	0.34%
0.38%	BNY Asset Management	206,143	€1.3m	10.5%	no data
0.35%	Principal Global Investors, LLC	191,444	€1.3m	0.58%	no data
0.31%	Morgan Stanley, Investment Banking and Brokerage Investments	167,105	€1.1m	-32.2%	no data
0.28%	Charles Schwab Investment Management, Inc.	150,262	€984.0k	7.96%	no data
0.25%	Prevail Innovative Wealth Advisors, LLC	134,393	€880.0k	0%	0.34%