Apollo Commercial Real EstatARI

13F holders, Q3 2025 (September 30)
262holders +9
31new positions
20sold out
6famous investors
$10.15avg. 13F price*

At the end of Q3 2025, 262 institutions reported holding Apollo Commercial Real Estat (ARI) in their 13F filings, up 9 from Q2 2025. 31 opened new positions and 20 sold out. The largest holders were BlackRock, Inc. ($212.9M), Vanguard Group Inc. ($154.1M) and State Street Corp. ($54.4M). 6 famous investors held it, including Paul Tudor Jones (0.0% of Tudor Investment Corporation's portfolio), Ken Griffin (0.0% of Citadel Advisors's portfolio) and Cliff Asness (0.0% of AQR Capital Management's portfolio).

Company
Apollo Commercial Real Estat
CUSIP
03762U105
Latest filing quarter
Q2 2026

History

Number of 13F holders

0100200300 Q1 2024: 237Q1 2024Q2 2024: 231Q2 2024Q3 2024: 240Q3 2024Q4 2024: 239Q4 2024Q1 2025: 249Q1 2025Q2 2025: 253Q2 2025Q3 2025: 262Q3 2025Q4 2025: 262Q4 2025Q1 2026: 271Q1 2026Q2 2026: 285Q2 2026

Total Exit/New Position Q2 2025 → Q3 2025

InstitutionsTotal Value
New Positions31$8.4M
Exits20$9.1M

All 13F filers, Q2 2025 → Q3 2025: 5,109,585 shares bought and 4,256,733 shares sold, net +852,852 shares. Counts holders who added, trimmed, opened or closed a position; split-adjusted.

Ownership 262 holders

BlackRock, Inc. 0.00% Reduce -0.1% 21,015,430 $212.9M
Vanguard Group Inc. 0.00% Reduce -0.3% 15,208,862 $154.1M
State Street Corp. 0.00% Add +1.2% 5,241,985 $54.4M
Geode Capital Management, LLC 0.00% Add +0.6% 3,157,740 $32.0M
No Street GP LP 2.02% Add +33.3% 3,000,000 $30.4M
Charles Schwab Investment Management Inc. 0.00% Add +0.2% 2,263,663 $22.9M
MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. 0.03% Add +6.9% 2,085,917 $21.1M
Northern Trust Corp. 0.00% Add +1.0% 1,748,014 $17.7M
Morgan Stanley 0.00% Reduce -6.4% 1,599,801 $16.2M
Invesco Ltd. 0.00% Reduce -15.2% 1,095,257 $11.1M
Van Eck Associates Corp. 0.01% Add +3.5% 1,033,295 $10.5M
Bank of New York Mellon Corp 0.00% Reduce -6.3% 965,236 $9.8M
Cura Wealth Advisors, LLC 3.24% Reduce -2.8% 831,683 $8.4M
Principal Financial Group Inc. 0.00% Add +21.9% 774,154 $7.8M
Citadel Advisors 0.01% Reduce -25.8% 734,458 $7.4M
JPMorgan Chase & Co. 0.00% Add +111.8% 689,903 $7.0M
Apollo Management Holdings, L.P. 0.12% No change 665,573 $6.7M
Goldman Sachs Group Inc. 0.00% Add +146.1% 645,756 $6.5M
Hotchkis & Wiley Capital Management LLC 0.02% Reduce -6.3% 635,462 $6.4M
Victory Capital Management Inc. 0.00% Add +11.3% 594,686 $6.0M
Barclays PLC 0.00% Add +43.5% 537,292 $5.4M
Public Sector Pension Investment Board 0.02% Add +17.1% 509,429 $5.2M
UBS Group AG 0.00% Add +99.0% 488,708 $5.0M
Edgestream Partners, L.P. 0.14% Reduce -15.7% 463,460 $4.7M
Prudential Financial Inc. 0.01% Add +89.3% 435,455 $4.4M
Bank of America Corp. 0.00% Reduce -24.4% 420,456 $4.3M
Rhumbline Advisers 0.00% Reduce -0.2% 404,578 $4.1M
Nuveen, LLC 0.00% Reduce -27.5% 400,622 $4.1M
Balyasny Asset Management L.P. 0.01% Add +17.4% 389,566 $3.9M
Lighthouse Investment Partners, LLC 0.13% Add +378.0% 360,872 $3.7M
Legal & General Group Plc 0.00% Reduce -4.7% 341,584 $3.5M
LPL Financial LLC 0.00% Reduce -0.1% 338,826 $3.4M
Ameriprise Financial Inc. 0.00% Reduce -13.8% 336,724 $3.4M
Tudor Investment Corporation 0.02% Reduce -0.8% 324,130 $3.3M
Allianz Asset Management GmbH 0.00% Add +117.5% 304,979 $3.1M
FJ Capital Management LLC 0.32% Add +81.4% 299,904 $3.0M
Advisors Asset Management, Inc. 0.05% Reduce -37.5% 290,720 $2.9M
BI Asset Management Fondsmaeglerselskab A/S 0.03% No change 279,761 $2.8M
AQR Capital Management 0.00% Add +158.1% 269,701 $2.7M
Wells Fargo & Company 0.00% Add +6.1% 268,900 $2.7M
Two Sigma Investments, LP 0.00% Add +3.4% 265,859 $2.7M
Swiss National Bank 0.00% Add +1.5% 255,839 $2.6M
New Age Alpha Advisors, LLC 0.11% Reduce -2.3% 250,923 $2.5M
Prelude Capital Management, LLC 0.18% No change 225,000 $2.3M
Carmel Capital Partners, LLC 0.96% New 224,614 $2.3M
New York State Teachers Retirement System 0.00% No change 185,197 $1.9M
Wolverine Asset Management LLC 0.13% No change 178,634 $1.8M
Alliancebernstein L.P. 0.00% Reduce -12.1% 171,217 $1.7M
Wealth Enhancement Advisory Services, LLC 0.00% Add +251.8% 171,808 $1.7M
LSV Asset Management 0.00% Reduce -14.1% 162,882 $1.6M
Am Investment Strategies LLC 0.33% Add +2.5% 151,963 $1.5M
Marshall Wace, LLP 0.00% Reduce -68.3% 144,562 $1.5M
Palogic Value Management, L.P. 0.57% Add +2.4% 130,933 $1.3M
Qube Research & Technologies Ltd 0.00% New 128,574 $1.3M
AlphaCore Capital LLC 0.04% Reduce -3.1% 124,232 $1.3M
Jane Street Group, LLC 0.00% Add +408.1% 124,695 $1.3M
California State Teachers Retirement System 0.00% Add +0.0% 122,105 $1.2M
Merit Financial Group, LLC 0.01% Add +1.7% 118,666 $1.2M
T. Rowe Price Associates Inc. 0.00% Add +4.9% 113,396 $1.1M
D. E. Shaw & Co. 0.00% Reduce -48.5% 111,562 $1.1M
Penserra Capital Management LLC 0.01% Add +3.5% 110,246 $1.1M
CANADA LIFE ASSURANCE Co 0.00% Add +0.9% 108,565 $1.1M
American Financial Group Inc. 0.42% No change 105,154 $1.1M
Deutsche Bank AG 0.00% Add +15.1% 103,004 $1.0M
Intech Investment Management LLC 0.01% Reduce -6.7% 101,346 $1.0M
Thrivent Financial for Lutherans 0.00% Add +0.2% 94,669 $959K
Atom Investors LP 0.07% Add +677.6% 89,998 $912K
Raymond James Financial Inc. 0.00% Add +5.8% 87,478 $886K
Kestra Advisory Services, LLC 0.00% Reduce -9.1% 86,107 $872K
Samalin Investment Counsel, LLC 0.29% Add +1.1% 81,931 $830K
MetLife Investment Management, LLC 0.00% Reduce -2.0% 81,829 $829K
First Trust Advisors LP 0.00% Reduce -0.4% 78,533 $796K
Osaic Holdings, Inc. 0.00% Add +13.3% 74,860 $787K
Lido Advisors, LLC 0.00% Reduce -0.1% 75,737 $786K
Cambridge Investment Research Advisors, Inc. 0.00% Add +103.8% 76,090 $771K
Caxton Associates LLP 0.02% New 73,909 $749K
Novare Capital Management LLC 0.06% Add +43.2% 72,675 $736K
Bramshill Investments, LLC 0.05% Reduce -2.3% 69,986 $709K
Cetera Investment Advisers 0.00% Add +27.9% 69,554 $705K
Y-Intercept (Hong Kong) Ltd 0.02% Add +114.3% 69,016 $699K
PFG Investments, LLC 0.04% Add +63.5% 68,354 $692K
WINTON GROUP Ltd 0.03% Add +349.6% 66,700 $676K
State of Alaska, Department of Revenue 0.01% Reduce -13.7% 65,718 $665K
Bank of Montreal 0.00% Reduce -8.8% 63,965 $648K
Illinois Municipal Retirement Fund 0.01% Reduce -5.2% 63,430 $643K
Manufacturers Life Insurance Company, The 0.00% Reduce -5.8% 63,070 $639K
Louisiana State Employees Retirement System 0.01% Add +0.5% 60,000 $608K
Triumph Capital Management 0.16% Add +8.7% 59,535 $603K
Janus Henderson Group PLC 0.00% No change 59,476 $602K
Stifel Financial Corp. 0.00% Add +10.9% 58,575 $593K
State Board of Administration of Florida Retirement System 0.00% No change 57,264 $580K
Two Sigma Advisers, LP 0.00% Reduce -42.2% 56,500 $572K
State of Tennessee, Department of Treasury 0.00% Reduce -0.3% 54,451 $552K
Ieq Capital, LLC 0.00% Add +168.5% 53,375 $541K
Royal Bank of Canada 0.00% Reduce -16.5% 51,819 $525K
SG Americas Securities, LLC 0.00% Add +65.4% 51,296 $520K
QRG Capital Management, Inc. 0.01% Reduce -35.5% 50,589 $512K
State of Wyoming 0.06% Add +19.6% 48,984 $496K
Hennion & Walsh Asset Management, Inc. 0.02% New 46,939 $475K
MAS Advisors LLC 0.74% Add +10.6% 45,912 $465K
Citigroup Inc. 0.00% Reduce -63.2% 45,883 $465K
Zurcher Kantonalbank (Zurich Cantonalbank) 0.00% No change 45,011 $456K
Inspire Investing, LLC 0.04% Add +10.4% 44,921 $455K
Mariner, LLC 0.00% Add +19.3% 44,185 $448K
Sei Investments Co. 0.00% Add +0.1% 43,047 $436K
Handelsbanken Fonder AB 0.00% No change 42,302 $429K
Fox Run Management, L.L.C. 0.07% Add +32.9% 42,282 $428K
Yousif Capital Management, LLC 0.00% Reduce -14.7% 40,395 $409K
Mercer Global Advisors Inc. 0.00% Add +1.9% 39,221 $397K
New York State Common Retirement Fund 0.00% No change 39,132 $396K
Arizona State Retirement System 0.00% Add +1.4% 39,059 $396K
Police & Firemen's Retirement System of New Jersey 0.00% Add +21.8% 38,669 $392K
Amalgamated Bank 0.00% Add +3.2% 38,257 $388K
Guggenheim Capital LLC 0.00% Reduce -5.7% 37,358 $378K
Russell Investments Group, Ltd. 0.00% Add +8029.7% 36,990 $375K
Teachers Retirement System of the State of Kentucky 0.00% Reduce -12.8% 36,500 $370K
Verition Fund Management LLC 0.00% New 35,929 $364K
KLP Kapitalforvaltning As 0.00% Add +37.0% 34,100 $353K
BNP Paribas Financial Markets 0.00% Add +138.0% 34,380 $348K
Commonwealth of Pennsylvania Public School Empls Retrmt SYS 0.00% Add +1.4% 33,262 $337K
Renaissance Technologies 0.00% New 32,540 $330K
One Wealth Map LLC 0.17% No change 33,233 $324K
Ensign Peak Advisors, Inc 0.00% Reduce -63.2% 31,915 $323K
Quantinno Capital Management LP 0.00% Add +62.6% 30,800 $312K
Capstone Investment Advisors, LLC 0.00% New 30,009 $304K
HighTower Advisors, LLC 0.00% Add +65.7% 29,434 $298K
Oregon Public Employees Retirement Fund 0.00% Add +0.3% 29,415 $298K
PNC Financial Services Group, Inc. 0.00% Reduce -6.4% 29,102 $295K
Private Advisor Group, LLC 0.00% Add +8.8% 28,592 $290K
Squarepoint Ops LLC 0.00% New 28,302 $287K
Susquehanna International Group, LLP 0.00% Reduce -87.0% 27,168 $275K
Global Assets Advisory, LLC 0.08% New 26,633 $270K
Voya Investment Management LLC 0.00% Reduce -35.3% 26,235 $266K
ProShare Advisors LLC 0.00% Reduce -15.5% 26,167 $265K
STRS Ohio 0.00% Reduce -4.9% 25,400 $257K
Commonwealth Equity Services, LLC 0.00% Reduce -33.8% 24,838 $252K
Acadian Asset Management LLC 0.00% New 24,577 $248K
Simplex Trading, LLC 0.01% Reduce -87.6% 24,342 $246K
Global Retirement Partners, LLC 0.01% Add +93.5% 23,684 $240K
Public Employees Retirement Association of Colorado 0.00% No change 23,479 $238K
Beacon Pointe Advisors, LLC 0.00% Add +109.4% 23,038 $233K
Cerity Partners LLC 0.00% New 22,621 $229K
Envestnet Asset Management Inc. 0.00% Add +16.8% 22,574 $229K
Longboard Asset Management, LP 0.36% New 21,927 $222K
Nisa Investment Advisors, LLC 0.00% Reduce -14.3% 20,182 $211K
Creative Planning 0.00% Add +12.1% 19,162 $194K
Millennium Management 0.00% Reduce -47.8% 18,851 $191K
Maryland State Retirement & Pension System 0.00% Reduce -50.0% 18,625 $189K
Cwm, LLC 0.00% Add +179.2% 17,922 $182K
Quadrature Capital Ltd 0.00% New 17,920 $182K
AlphaQuest LLC 0.01% Reduce -31.4% 17,504 $177K
FMR LLC 0.00% Reduce -16.1% 17,288 $175K
Teacher Retirement System of Texas 0.00% Reduce -13.7% 17,285 $175K
Chiron Capital Management, LLC 0.15% No change 16,920 $171K
Motiv8 Investments LLC 0.09% Add +3.2% 16,708 $169K
Evergreen Capital Management LLC 0.00% New 15,689 $163K
CIBC Bancorp USA Inc. 0.00% — 14,897 $151K
Mutual of America Capital Management LLC 0.00% Reduce -10.9% 14,630 $148K
Diversify Wealth Management, LLC 0.01% No change 15,001 $146K
Pictet Asset Management Holding SA 0.00% No change 13,835 $140K
Entropy Technologies, LP 0.01% Reduce -63.6% 13,458 $136K
Rockefeller Capital Management L.P. 0.00% New 13,401 $136K
Jump Financial, LLC 0.00% Reduce -29.7% 13,305 $135K
Pathstone Holdings, LLC 0.00% New 13,207 $134K
CIBC Asset Management Inc 0.00% No change 12,660 $128K
State of Wisconsin Investment Board 0.00% Reduce -74.5% 12,411 $126K
Zacks Investment Management 0.00% New 12,408 $126K
Crossmark Global Holdings, Inc. 0.00% No change 12,370 $125K
Evoke Wealth, LLC 0.00% Add +6.7% 11,988 $124K
Neuberger Berman Group LLC 0.00% Add +4.0% 12,201 $124K
Abel Hall, LLC 0.05% New 12,048 $122K
Institute for Wealth Management, LLC. 0.01% New 11,893 $120K
HighPoint Advisor Group LLC 0.01% Reduce -1.9% 11,856 $120K
Legacy Financial Strategies, LLC 0.02% No change 11,700 $119K
Ameritas Investment Partners, Inc. 0.00% Reduce -17.3% 11,675 $118K
Independent Financial Group, LLC 0.00% Reduce -16.6% 11,550 $117K
Accuvest Global Advisors 0.07% Add +0.0% 11,216 $114K
Franklin Resources Inc. 0.00% New 11,197 $113K
Xponance LLC 0.00% Add +1.0% 10,885 $110K
Bartlett & Co. Wealth Management LLC 0.00% No change 10,625 $110K
Anfield Capital Management, LLC 0.03% No change 10,862 $110K
Keybank National Association 0.00% No change 10,669 $108K
Koshinski Asset Management, Inc. 0.01% Add +1.8% 10,621 $108K
Advisory Services Network, LLC 0.00% No change 10,373 $105K
Mutual Advisors, LLC 0.00% New 10,036 $103K
EverSource Wealth Advisors, LLC 0.00% Add +18.6% 8,346 $85K
Arax Advisory Partners 0.00% New 8,281 $84K
Resources Management Corp. /CT/ 0.01% No change 6,700 $68K
Smartleaf Asset Management LLC 0.00% Add +9.3% 6,279 $64K
EMC Capital Management 0.03% No change 5,813 $59K
Harbour Investments, Inc. 0.00% Add +5.1% 5,359 $54K
Tower Research Capital LLC (TRC) 0.00% Reduce -64.2% 5,154 $52K
Sterling Capital Management LLC 0.00% Add +143.1% 5,044 $51K
Hollencrest Capital Management 0.00% No change 5,000 $51K
Danske Bank A/S 0.00% No change 4,900 $50K
NewEdge Advisors, LLC 0.00% Reduce -0.2% 4,622 $47K
Principal Securities, Inc. 0.00% No change 4,506 $46K
Public Employees Retirement System of Ohio 0.00% Add +1.7% 4,289 $43K
Signaturefd, LLC 0.00% Add +2.7% 4,169 $42K
KBC Group NV 0.00% No change 4,107 $42K
Shell Asset Management Co. 0.00% Reduce -52.5% 4,047 $41K
Farther Finance Advisors, LLC 0.00% Add +1047.8% 3,145 $32K
Parallel Advisors, LLC 0.00% Add +0.1% 3,041 $31K
Versant Capital Management, Inc 0.00% No change 2,418 $24K
US Bancorp \de 0.00% Add +26.9% 2,382 $24K
Nomura Asset Management Co. Ltd. 0.00% No change 2,100 $21K
City Holding Co. 0.00% No change 2,000 $20K
Community Bank, N.A. 0.00% No change 2,000 $20K
GAMMA Investing LLC 0.00% Add +9.7% 1,766 $18K
Fourth Dimension Wealth, LLC 0.01% No change 1,400 $14K
Cypress Capital Management LLC (WY) 0.01% Reduce -91.8% 1,333 $14K
UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.00% Reduce -99.8% 1,330 $13K
BNP PARIBAS ASSET MANAGEMENT Holding S.A. 0.00% Reduce -6.3% 1,245 $13K
Tradewinds Capital Management, LLC 0.00% Add +2.5% 1,120 $11K
Salomon & Ludwin, LLC 0.00% New 1,091 $11K
Allworth Financial LP 0.00% Add +26.1% 1,013 $10K
Future Financial Wealth Managment LLC 0.01% No change 1,000 $10K
Steward Partners Investment Advisory, LLC 0.00% No change 1,000 $10K
Bessemer Group Inc. 0.00% Add +48.9% 786 $9K
Quarry LP 0.00% Reduce -87.7% 879 $9K
Byrne Asset Management LLC 0.01% No change 850 $9K
Optiver Holding B.V. 0.00% Add +152.1% 827 $8K
Essential Partners LLC 0.00% Add +2044.7% 815 $8K
UMB Bank, n.a. 0.00% Add +19.6% 757 $8K
Huntington National Bank 0.00% No change 710 $7K
Heritage Wealth Advisors 0.00% No change 700 $7K
Larson Financial Group LLC 0.00% Add +2.0% 661 $7K
Federation des caisses Desjardins du Quebec 0.00% No change 600 $6K
Hantz Financial Services, Inc. 0.00% Add +16.9% 568 $6K
PEAK6 LLC 0.00% Reduce -98.9% 549 $6K
Optimum Investment Advisors 0.00% No change 500 $5K
Thompson Investment Management, Inc. 0.00% No change 500 $5K
Harbor Capital Advisors, Inc. 0.00% Add +1.3% 487 $5K
Groupe la Francaise 0.00% New 520 $5K
Assetmark, Inc. 0.00% Add +7.0% 410 $4K
Bokf, NA 0.00% No change 395 $4K
Lanark Financial, Inc. 0.00% Add +2.6% 392 $4K
Rothschild Investment LLC 0.00% Add +2.0% 352 $4K
Fifth Third Bancorp 0.00% Add +52.9% 315 $3K
IFP Advisors, Inc 0.00% Add +4.1% 306 $3K
Quadrant Capital Group LLC 0.00% New 298 $3K
Mitsubishi UFJ Asset Management Co., Ltd. 0.00% No change 298 $3K
Bell Investment Advisors, Inc 0.00% No change 259 $3K
MassMutual Private Wealth & Trust, FSB 0.00% No change 242 $2K
Parkside Financial Bank & Trust 0.00% Add +33.3% 216 $2K
Geneos Wealth Management Inc. 0.00% Reduce -29.1% 200 $2K
True Wealth Design, LLC 0.00% New 184 $2K
Halbert Hargrove Global Advisors, LLC 0.00% New 184 $2K
Clearstead Advisors, LLC 0.00% New 174 $2K
Clearstead Trust, LLC 0.00% No change 119 $1K
Farmers & Merchants Investments Inc. 0.00% No change 97 $983
First Horizon Corp. 0.00% — 83 $841
Blue Trust, Inc. 0.00% No change 62 $628
Leonteq Securities AG 0.00% No change 58 $588
ORG Partners LLC 0.00% No change 47 $485
Financial Consulate, Inc. 0.00% New 46 $466
Jones Financial Companies LLLP 0.00% No change 37 $379
Wealthspire Advisors, LLC 0.00% New 30 $304
Annis Gardner Whiting Capital Advisors, LLC 0.00% No change 19 $193
Sunbelt Securities, Inc. 0.00% New 5 $51
Capital Advisors, Ltd. LLC 0.00% No change 35 $0
Covestor Ltd 0.00% No change 11 $0

"% of holder's portfolio" is ARI's weight in each manager's 13F, not the share of Apollo Commercial Real Estat the manager owns.