Ares Commercial Real Estate Corp (ACRE)

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Institutional Investors' Holdings

Filing Period:

No.	Name	Shares	Value	% Port
1.	Blackrock, Inc.	5,072,125	$29,874,815	0%
2.	Vanguard Group Inc	2,917,578	$17,184,535	0%
3.	Geode Capital Management, Llc	1,249,452	$7,360,879	0%
4.	State Street Corp	1,072,261	$6,583,683	0%
5.	Hotchkis & Wiley Capital Management Llc	1,031,590	$6,076,065	0.02%