Parallax Volatility Advisers’s Apollo Commercial Real Estate ARI Stock Holding History

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2026 Q1	$253K	Buy	+22,968	New	+$239K	0.01%	1148
2023 Q4	–	Sell	-50,000	Closed	-$507K	–	2178
2023 Q3	$507K	Hold	50,000	–	–	0.02%	1594
2023 Q2	$566K	Sell	50,000 -43,117	-46%	-$435K	0.02%	1607
2023 Q1	$867K	Buy	93,117 +8,365	+10%	+$92.6K	0.03%	1559
2022 Q4	$912K	Buy	84,752 +34,745	+69%	+$380K	0.02%	1686
2022 Q3	$415K	Sell	50,007 -150,135	-75%	-$1.72M	0.01%	2046
2022 Q2	$2.09M	Sell	200,142 -154,254	-44%	-$1.89M	﹤0.01%	1329
2022 Q1	$22M	Buy	+354,396	New	+$4.77M	0.48%	475
2019 Q2	–	Sell	-25,900	Closed	-$471K	–	2534
2019 Q1	$471K	Buy	25,900 +22,830	+744%	+$411K	0.01%	1566
2018 Q4	$51K	Buy	+3,070	New	+$56.7K	﹤0.01%	2108
2018 Q2	–	Sell	-3,529	Closed	-$63K	–	2102
2018 Q1	$63K	Sell	3,529 -12,851	-78%	-$235K	﹤0.01%	1459
2017 Q4	$302K	Buy	+16,380	New	+$302K	0.01%	1934