Ares Commercial Real Estate Corp (ACRE)

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Institutional Investors' Holdings

Filing Period:

No.	Name	Shares	Value	% Port
1.	Blackrock Inc.	4,898,960	$50,753,225	0%
2.	Vanguard Group Inc	2,748,768	$28,477,236	0%
3.	State Street Corp	1,230,341	$13,150,041	0%
4.	Geode Capital Management, Llc	1,178,497	$12,210,552	0%
5.	Invesco Ltd.	1,170,230	$12,123,583	0%