Apollo Management Holdings, L.P. In its 13F for Q1 2024 (holdings as of March 31, 2024, filed May 15, 2024), Apollo Management Holdings, L.P. reported 41 stock positions worth $7.1 billion . Its top holding was Adt (ADT) at 39.9% of the portfolio, followed by TD Synnex (SNX, 27.5% ) and Hilton Grand Vacations (HGV, 20.0% ). Compared with Q4 2023, it opened 7 new positions, sold out of 8, added to 6 and reduced 6. The biggest buy was a new position in ARK 21SHARES Bitcoin ETF (ARKB) and the biggest sale TD Synnex (SNX, shares −39% ).
Location New York, NY
CIK 0001449434
Portfolio Value $7.1B (Q1 2024) Holdings 41 stocks · $7.1B Holdings quarter Q2 2026 Q1 2026 Q4 2025 Q3 2025 Q2 2025 Q1 2025 Q4 2024 Q3 2024 Q2 2024 Q1 2024
Stock % Of Portfolio ▼ Shares Held Total Value Change vs Q4 2023 ADT Adt Inc. 423,550,366 $2.8B Reduce -15.0% SNX TD Synnex Corp. 17,384,299 $2.0B Reduce -38.8% HGV Hilton Grand Vacations Inc. 30,295,825 $1.4B No change RXT Rackspace Technology Inc. 129,609,000 $204.8M No change SNCY Sun Country Airlines Holding filed as SUN CTRY AIRLS HLDGS INC 11,161,105 $168.4M Reduce -2.0% GBTG Global Business Travel Group 25,706,886 $154.5M Reduce 0.0% ARKB ARK 21SHARES Bitcoin ETF 750,000 $53.2M New CWEN Clearway Energy Inc. Class C 1,645,296 $37.9M Add +38.4% MFIC Midcap Financial Investment 2,362,273 $35.5M Reduce -5.1% SABR Sabre Corp. 14,400,819 $34.8M No change TDAY USA Today Co. Inc. filed as GANNETT CO INC 12,292,642 $30.0M Add +6.1% NBR Nabors Industries Ltd. 335,091 $28.9M Add +64.6% ALLGF Allego NV 18,706,989 $27.1M No change VICI Vici Properties Inc. filed as VICI PPTYS INC 838,002 $25.0M Add +37.8% TRGP Targa Resources Corp. 168,491 $18.9M Reduce -50.5% ECHO Echostar Corp. Class A 737,314 $10.5M Add +245.8% PSBD Palmer Square Capital BDC Inc. 596,281 $9.7M New BOCN Blue Ocean Acquisition Cor-A 683,817 $7.6M No change ARI Apollo Commercial Real Estat 665,573 $7.4M No change OPTU Optimum Communications Inc. Class A filed as ALTICE USA INC 2,281,533 $6.0M Add +4.6% RRACF Rigel Resource Acquisit Class A 500,000 $5.6M No change CYH Community Health Systems Inc. 1,471,032 $5.1M New MNKD Mannkind Corp. 964,113 $4.4M No change GAQ Generation Asia I Acquisit-A 356,400 $3.9M No change SGHT Sight Sciences Inc. 671,520 $3.5M No change STLA Stellantis NV 117,146 $3.3M No change IHRT Iheartmedia Inc. Class A 908,230 $1.9M No change FLUT Flutter Entertainment PLC-Di 8,712 $1.7M New ROTH CH ACQUISITION CO 149,985 $1.7M No change AFT Apollo Senior Floating Rate 105,236 $1.5M No change MXCT Maxcyte Inc. 307,987 $1.3M No change VISN Vistance Networks Inc. filed as COMMSCOPE HLDG CO INC 933,900 $1.2M New CION Cion Investment Corp. 63,262 $696K No change CCO Clear Channel Outdoor Holdin 258,218 $426K New ORIGIN MATERIALS INC 821,959 $419K No change CCLD Carecloud Inc. 209,844 $243K No change PR Permian Resources Corp. Class A 12,479 $220K No change AIF Apollo Tactical Income Fund 5,236 $75K No change CALIDI BIOTHERAPEUTICS INC 125,000 $71K New PCRX Pacira Biosciences Inc. 2,114 $62K No change ATER Aterian Inc. 2,276 $6K No change
Options reported separately and not counted above: LNC puts ($56.5M), PTON calls ($22.8M), VISN calls ($2.6M), FLG puts ($1.0M).
Other holdings (18): bonds, preferreds, convertibles and warrants · $281.8M (not counted above) Security Class Shares / Principal Value Change PELOTON INTERACTIVE INC (PTON 0 02/15/26) NOTE 2/1 · principal 145,275,000 $122.9M Add +1.4% DISH NETWORK CORP (DISH 3.375 08/15/26) NOTE 3.375% 8/1 · principal 116,688,000 $72.7M New DISH NETWORK CORP (DISH 0 12/15/25) NOTE 12/1 · principal 86,932,000 $62.4M New THE REALREAL INC (REAL 1 03/01/28) NOTE 1.000% 3/0 · principal 48,501,000 $21.3M Add +23.9% METALS ACQUISITION LTD *W EXP 06/15/202 815,182 $1.7M No change CNXXW Conx Corp. Class A -CW27 *W EXP 10/30/202 1,000,000 $200K No change PROJECT ENERGY REIMAGINED AC *W EXP 99/99/999 1,237,499 $186K No change PLMWF Plum Acquisition Corp. III-CW *W EXP 03/31/202 743,813 $98K No change HCVIW Hennessy Capital Inv A -CW27 *W EXP 99/99/999 823,332 $82K No change GAQWF Generation Asia I Acq -CW23 *W EXP 99/99/999 990,000 $82K No change NETDW Nabors Energy Transiti-CW *W EXP 09/01/202 149,999 $19K New BOCNW Blue Ocean Acquisition A -23 *W EXP 99/99/999 947,801 $18K No change TGAWF Target Global Acq I -CW27 *W EXP 12/08/202 251,862 $16K No change SATLW Satellogic Inc.-A -23 *W EXP 01/25/202 147,784 $16K No change MITAW Coliseum Acquisition A -CW28 *W EXP 08/22/202 217,457 $14K No change FBYDW Falcon's Beyond Global-27 *W EXP 10/06/202 12,433 $9K No change SHAZW TKB Critical Technolog -CW23 *W EXP 99/99/999 450,000 $6K No change BNAIW Brand Engagement Netwo -CW27 *W EXP 03/14/202 18,143 $2K New
Total filed on the 13F, all lines: $7.4B.
Portfolio Sells Q4 2023 → Q1 2024 Portfolio Sells quarter Q2 2026 Q1 2026 Q4 2025 Q3 2025 Q2 2025 Q1 2025 Q4 2024 Q3 2024 Q2 2024 Q1 2024
Stock Change vs Q4 2023 % Of Portfolio Change To Portfolio ▲ SNX TD Synnex Corp. Reduce -38.8% 27.54% −7.84 IWM iShares Russell 2000 ETF Sold out 0.00% −0.35 PLMJF Plum Acquisition Corp. III Sold out 0.00% −0.16 ARES ACQUISITION CORP II Sold out 0.00% −0.09 TRGP Targa Resources Corp. Reduce -50.5% 0.26% −0.08 CFFS CF Acquisition Corp. Vii Class A Sold out 0.00% −0.05 NETDU Nabors Energy Transition Cor Sold out 0.00% −0.04 CRH CRH PLC Sold out 0.00% −0.03 CVNA Carvana Co. Sold out 0.00% 0.00 DHC ACQUISITION CORP Sold out 0.00% 0.00 MFIC Midcap Financial Investment Reduce -5.1% 0.50% +0.10 GBTG Global Business Travel Group Reduce 0.0% 2.16% +0.24 SNCY Sun Country Airlines Holding Reduce -2.0% 2.36% +0.28 ADT Adt Inc. Reduce -15.0% 39.86% +0.53
Portfolio Buys Q4 2023 → Q1 2024 Portfolio Buys quarter Q2 2026 Q1 2026 Q4 2025 Q3 2025 Q2 2025 Q1 2025 Q4 2024 Q3 2024 Q2 2024 Q1 2024
Stock Change vs Q4 2023 % Of Portfolio Change To Portfolio ▼ ARKB ARK 21SHARES Bitcoin ETF New 0.75% +0.75 NBR Nabors Industries Ltd. Add +64.6% 0.40% +0.21 CWEN Clearway Energy Inc. Class C Add +38.4% 0.53% +0.15 PSBD Palmer Square Capital BDC Inc. New 0.14% +0.14 VICI Vici Properties Inc. Add +37.8% 0.35% +0.13 TDAY USA Today Co. Inc. Add +6.1% 0.42% +0.11 ECHO Echostar Corp. Class A Add +245.8% 0.15% +0.11 CYH Community Health Systems Inc. New 0.07% +0.07 FLUT Flutter Entertainment PLC-Di New 0.02% +0.02 VISN Vistance Networks Inc. New 0.02% +0.02 CCO Clear Channel Outdoor Holdin New 0.01% +0.01 OPTU Optimum Communications Inc. Class A Add +4.6% 0.08% +0.00 CALIDI BIOTHERAPEUTICS INC New 0.00% +0.00
Options Activity Q4 2023 → Q1 2024 Security Type Change vs Q4 2023 Underlying Shares Value ▼ QQQ Invesco QQQ Trust Series 1 put Sold out 1,000,000 $409.5Mbefore exit HYG Ishr Ibx Usd Hiyld CB ETF-Ui put Sold out 5,000,000 $386.9Mbefore exit URI United Rentals Inc. put Sold out 270,000 $154.8Mbefore exit COF Capital One Financial Corp. put Sold out 1,086,000 $142.4Mbefore exit LNC Lincoln National Corp. put Reduce -53.0% 1,770,000 $56.5M FLR Fluor Corp. put Sold out 675,000 $26.4Mbefore exit PTON Peloton Interactive Inc. Class A call New 5,310,000 $22.8M MMM 3M Co. put Sold out 28,500 $3.1Mbefore exit VISN Vistance Networks Inc. call New 2,011,200 $2.6M FLG New York Community Bancorp put New 317,000 $1.0M
Calls and puts are listed by the shares they cover; their value is not part of the stock holdings above.
Notes & Other Activity Q4 2023 → Q1 2024 Security Class Change vs Q4 2023 Shares / Principal Value ▼ PELOTON INTERACTIVE INC (PTON 0 02/15/26) NOTE 2/1 · principal Add +1.4% 145,275,000 $122.9M DISH NETWORK CORP (DISH 3.375 08/15/26) NOTE 3.375% 8/1 · principal New 116,688,000 $72.7M DISH NETWORK CORP (DISH 0 12/15/25) NOTE 12/1 · principal New 86,932,000 $62.4M THE REALREAL INC (REAL 1 03/01/28) NOTE 1.000% 3/0 · principal Add +23.9% 48,501,000 $21.3M ANYWHERE RE GRP/REALOGY (HOUS 0.25 06/15/26) NOTE 0.250% 6/1 · principal Sold out 16,678,000 $13.2Mbefore exit KDKRW Ares Acquisition Corp. II-28 *W EXP 99/99/999 Sold out 375,000 $57Kbefore exit NETDW Nabors Energy Transiti-CW *W EXP 09/01/202 New 149,999 $19K PORTW Southport Acquisition -CW23 *W EXP 99/99/999 Sold out 354,174 $9Kbefore exit SACWF Spree Acquisition 1 Ltd. -23 *W EXP 12/22/202 Sold out 219,559 $7Kbefore exit LCAHW Landcadia Holdings IV -CW28 *W EXP 03/29/202 Sold out 80,422 $5Kbefore exit BNAIW Brand Engagement Netwo -CW27 *W EXP 03/14/202 New 18,143 $2K
Bonds, preferreds, convertibles and warrants; not part of the stock holdings or percentages above.
All Filings Quarter Positions 13F Reported Value Top Holdings Q2 2026 77 $6.1B RXT, PXED, HGV, AERO, VOO Q1 2026 75 $5.2B PXED, HGV, ADT, AERO, VOO Q4 2025 93 $8.5B AHL, ADT, HGV, PXED, AERO Q3 2025 37 $5.6B AHL, ADT, HGV, ECHO, RXT Q2 2025 Amended 37 $6.1B AHL, ADT, HGV, RXT, GBTG Q1 2025 34 $4.2B ADT, HGV, RXT, GBTG, ARKB Q4 2024 32 $4.7B ADT, HGV, RXT, GBTG, ARKB Q3 2024 30 $5.4B ADT, HGV, RXT, GBTG, AROC Q2 2024 35 $5.5B ADT, HGV, RXT, GBTG, SNCY Q1 2024 41 $7.1B ADT, SNX, HGV, RXT, SNCY