Ares Commercial Real Estate Corp (ACRE)

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Institutional Investors' Holdings

Filing Period: Filing is Ongoing

No.	Name	Shares	Value	% Port
1.	Ardent Capital Management, Inc.	299,905	$1,151,635	0.49%
2.	Access Investment Management Llc	166,200	$638,208	0.16%
3.	Farther Finance Advisors, Llc	57,233	$219,775	0%
4.	Abel Hall, Llc	52,520	$201,677	0.04%
5.	Samalin Investment Counsel, Llc	41,691	$160,093	0.05%