Fox Run Management’s Apollo Commercial Real Estate ARI Stock Holding History

Fox Run Management’s Portfolio ARI Stock Details ARI Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2025 Q4	–	Sell	-42,282	Closed	-$428K	–	896
2025 Q3	$428K	Buy	42,282 +10,468	+33%	+$107K	0.07%	558
2025 Q2	$308K	Sell	31,814 -6,223	-16%	-$58.6K	0.05%	631
2025 Q1	$364K	Buy	+38,037	New	+$361K	0.06%	612
2023 Q1	–	Sell	-16,136	Closed	-$174K	–	644
2022 Q4	$174K	Buy	+16,136	New	+$176K	0.07%	505
2018 Q4	–	Sell	-20,319	Closed	-$383K	–	502
2018 Q3	$383K	Buy	+20,319	New	+$388K	0.17%	273
2017 Q1	–	Sell	-12,700	Closed	-$211K	–	564
2016 Q4	$211K	Buy	+12,700	New	+$213K	0.11%	415

Other funds holding ARI

BlackRock New York $6.73T AUM 46.02% 1-Year Est. Return

Vanguard Group Malvern, Pennsylvania $6.9T AUM 27.45% 1-Year Est. Return

State Street Boston, Massachusetts $3.38T AUM 44.17% 1-Year Est. Return

NSGL

No Street GP LP San Francisco, California $1.66B AUM 39.91% 1-Year Est. Return

Geode Capital Management Boston, Massachusetts $1.88T AUM 44.46% 1-Year Est. Return

Mirae Asset Global ETFs Holdings Causeway Bay, Hong Kong $83.9B AUM 60.43% 1-Year Est. Return

Charles Schwab San Francisco, California $751B AUM 38.74% 1-Year Est. Return

Morgan Stanley New York $1.89T AUM 35.08% 1-Year Est. Return

Northern Trust Chicago, Illinois $860B AUM 41.15% 1-Year Est. Return

Invesco Atlanta, Georgia $1.26T AUM 61.52% 1-Year Est. Return

Fox Run Management's ARI Position: Q4 2025 in Review

Fox Run Management sold out of Apollo Commercial Real Estate (ARI) in Q4 2025, closing a stake of 42,282 shares — an estimated $428K sold.

Fox Run Management first reported a position in ARI in Q4 2016 and held it in 6 quarters. The position peaked at $428K in Q3 2025. 261 funds tracked by Wall St. Rank hold ARI as of Q4 2025.

Fox Run Management reported no remaining Apollo Commercial Real Estate position as of Q4 2025 after selling out during the quarter.
Fox Run Management sold 42,282 Apollo Commercial Real Estate shares in Q4 2025, an estimated $428K.
Fox Run Management first reported a position in Apollo Commercial Real Estate in Q4 2016 and held it in 6 quarters.
Fox Run Management's Apollo Commercial Real Estate position peaked at $428K in Q3 2025.
261 funds tracked by Wall St. Rank held Apollo Commercial Real Estate as of Q4 2025.

Based on Fox Run Management's 13F filing for Q4 2025, filed 11 Feb 2026.