Ares Commercial Real Estate Corp (ACRE)

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Institutional Investors' Holdings

Filing Period:

No.	Name	Shares	Value	% Port
1.	Blackrock, Inc.	4,862,110	$22,511,568	0%
2.	Vanguard Group Inc	2,961,093	$13,709,861	0%
3.	Geode Capital Management, Llc	1,326,288	$6,141,981	0%
4.	State Street Corp	1,111,215	$5,308,443	0%
5.	Hotchkis & Wiley Capital Management Llc	1,094,490	$5,067,489	0.02%