Wolverine Asset Management’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	$1.89M	Hold	178,634	–	–	0.03%	591
2025 Q4	$1.73M	Hold	178,634	–	–	0.02%	636
2025 Q3	$1.81M	Hold	178,634	–	–	0.03%	587
2025 Q2	$1.73M	Hold	178,634	–	–	0.03%	565
2025 Q1	$1.71M	Hold	178,634	–	–	0.03%	553
2024 Q4	$1.55M	Buy	178,634 +63,093	+55%	+$567K	0.03%	586
2024 Q3	$1.06M	Buy	115,541 +72	+0.1%	+$734	0.02%	687
2024 Q2	$1.13M	Buy	115,469 +99,101	+605%	+$1.02M	0.02%	639
2024 Q1	$182K	Buy	16,368 +1,500	+10%	+$16.8K	﹤0.01%	978
2023 Q4	$175K	Buy	14,868 +700	+5%	+$7.5K	﹤0.01%	1068
2023 Q3	$144K	Buy	14,168 +100	+0.7%	+$1.09K	﹤0.01%	1097
2023 Q2	$159K	Buy	+14,068	New	+$142K	﹤0.01%	1018
2023 Q1	–	Hold	0	–	–	–	1890
2021 Q1	–	Hold	0	–	–	–	2016
2020 Q4	–	Hold	0	–	–	–	1635