ARES COML REAL ESTATE CORP

Ticker: ACRE CUSIP: 04013V108 Class: Common Stock

Note: Option positions (PUT/CALL) are excluded.

InstitutionSharesValue ($000)
BlackRock, Inc.4,601,794$21,997
VANGUARD GROUP INC3,055,160$14,604
North Ground Capital1,551,806$7,418
HOTCHKIS & WILEY CAPITAL MANAGEMENT LLC1,347,342$6,440
GEODE CAPITAL MANAGEMENT, LLC1,310,598$6,266
STATE STREET CORP1,155,381$5,691
CURA WEALTH ADVISORS, LLC907,074$4,336
VAN ECK ASSOCIATES CORP647,546$3
BI Asset Management Fondsmaeglerselskab A/S564,209$3
NORTHERN TRUST CORP541,888$2,590
Focus Partners Wealth510,675$2,441
WELLINGTON MANAGEMENT GROUP LLP493,331$2,358
Dana Investment Advisors, Inc.439,345$2,100
JPMORGAN CHASE & CO418,296$1,999
GOLDMAN SACHS GROUP INC391,257$1,870
TWO SIGMA INVESTMENTS, LP361,110$1,726
MORGAN STANLEY319,254$1,526
UBS Group AG280,251$1,340
Lighthouse Investment Partners, LLC274,153$1,310
EVOKE WEALTH, LLC232,262$1,145
Penserra Capital Management LLC230,015$1
Delphi Financial Group, Inc.214,937$1,027
VICTORY CAPITAL MANAGEMENT INC181,000$865
CHARLES SCHWAB INVESTMENT MANAGEMENT INC180,904$865
AMERIPRISE FINANCIAL INC171,743$821
WELLS FARGO & COMPANY/MN160,745$768
AQR CAPITAL MANAGEMENT LLC159,968$765
Quantinno Capital Management LP158,972$760
Bank of New York Mellon Corp153,369$733
BANK OF AMERICA CORP /DE/147,468$705
GSA CAPITAL PARTNERS LLP142,304$1
Samalin Investment Counsel, LLC119,514$571
Advisors Asset Management, Inc.108,827$520
Invesco Ltd.106,344$508
Nuveen, LLC101,665$486
Canton Hathaway, LLC88,915$425
Access Investment Management LLC85,700$387
BARCLAYS PLC82,334$394
COMMONWEALTH EQUITY SERVICES, LLC81,695$391
K2 PRINCIPAL FUND, L.P.77,377$370
ACADIAN ASSET MANAGEMENT LLC75,291$0
ALLIANCEBERNSTEIN L.P.75,100$359
TWO SIGMA ADVISERS, LP75,000$359
SUSQUEHANNA INTERNATIONAL GROUP, LLP70,007$335
RHUMBLINE ADVISERS69,161$331
Cambridge Investment Research Advisors, Inc.62,477$0
PRICE T ROWE ASSOCIATES INC /MD/61,412$0
JANE STREET GROUP, LLC53,993$258
Private Advisor Group, LLC45,429$217
SEI INVESTMENTS CO44,796$214
Verition Fund Management LLC44,600$213
ROYAL BANK OF CANADA43,711$209
Vident Advisory, LLC42,982$205
RAYMOND JAMES FINANCIAL INC41,125$197
First National Trust Co39,844$190
DEUTSCHE BANK AG\38,094$182
Graham Capital Management, L.P.37,660$180
MANUFACTURERS LIFE INSURANCE COMPANY, THE37,106$177
D. E. Shaw & Co., Inc.36,888$176
Cresset Asset Management, LLC34,800$172
XTX Topco Ltd32,914$157
Abel Hall, LLC31,796$152
Engineers Gate Manager LP28,653$137
LPL Financial LLC27,950$134
Farther Finance Advisors, LLC26,509$127
PharVision Advisers, LLC26,066$125
AE Wealth Management LLC25,836$123
Equitable Holdings, Inc.25,500$122
Thrivent Financial for Lutherans24,668$0
MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd.24,524$117
STATE BOARD OF ADMINISTRATION OF FLORIDA RETIREMENT SYSTEM24,232$116
Lido Advisors, LLC23,698$110
INTECH INVESTMENT MANAGEMENT LLC22,972$110
FRANKLIN RESOURCES INC21,680$104
MetLife Investment Management, LLC21,431$102
Joel Isaacson & Co., LLC20,847$100
Baker Avenue Asset Management, LP20,190$97
Squarepoint Ops LLC20,084$96
Curated Wealth Partners LLC20,000$96
IEQ CAPITAL, LLC19,476$93
MILLENNIUM MANAGEMENT LLC17,575$84
CFO4Life Group, LLC17,000$81
HRT FINANCIAL LP16,790$0
M&T Bank Corp16,594$79
Cetera Investment Advisers16,330$78
SEVEN MILE ADVISORY16,149$77
Voya Investment Management LLC15,981$76
Police & Firemen's Retirement System of New Jersey15,639$75
TWO SIGMA SECURITIES, LLC14,478$69
Quadrature Capital Ltd13,916$67
Aigen Investment Management, LP13,797$66
Corient Private Wealth LLC13,335$64
Kestra Advisory Services, LLC13,276$63
Institute for Wealth Management, LLC.13,244$63
STIFEL FINANCIAL CORP13,200$63
Eurizon Capital SGR S.p.A.13,161$65
MERCER GLOBAL ADVISORS INC /ADV12,775$61
Morey & Quinn Wealth Partners, LLC12,466$60
Cerity Partners LLC12,306$59
Russell Investments Group, Ltd.12,194$58
47 other institutions180,183$816
Total (147 institutions)24,145,419$106,843