Apollo Global Management
140 hedge funds and large institutions have $3B invested in Apollo Global Management in 2014 Q1 according to their latest regulatory filings, with 25 funds opening new positions, 53 increasing their positions, 38 reducing their positions, and 14 closing their positions.
79% more first-time investments, than exits
New positions opened: 25 | Existing positions closed: 14
39% more repeat investments, than reductions
Existing positions increased: 53 | Existing positions reduced: 38
32% more capital invested
Capital invested by funds: $2.27B → $3B (+$730M)
15.32% more ownership
Funds ownership: 50.3% → 65.62% (+15%)
7% more funds holding
Funds holding: 131 → 140 (+9)
29% less funds holding in top 10
Funds holding in top 10: 7 → 5 (-2)
35% less call options, than puts
Call options by funds: $16.4M | Put options by funds: $25.1M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
California Public Employees Retirement System
Sacramento,
California
|
+$733M |
| 2 |
Ameriprise
Minneapolis,
Minnesota
|
+$50M |
| 3 |
GP
GLG Partners
London,
United Kingdom
|
+$34.5M |
| 4 |
Morgan Stanley
New York
|
+$25.4M |
| 5 |
Fidelity Investments
Boston,
Massachusetts
|
+$21.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citigroup
New York
|
-$36.5M |
| 2 |
TCIM
TIAA CREF Investment Management
New York
|
-$19.1M |
| 3 |
GC
GMT Capital
Atlanta,
Georgia
|
-$12.9M |
| 4 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$10.7M |
| 5 |
ECA
Endeavour Capital Advisors
Greenwich,
Connecticut
|
-$9.24M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
OA
151
OFI Advisors
Philadelphia,
Pennsylvania
| – | -$307K | -9,698 | Closed |
|
|
WA
152
WFG Advisors
Dallas,
Texas
| – | -$249K | -7,882 | Closed |
|
|
QT
153
Quantbot Technologies
New York
| – | -$205K | -6,500 | Closed |
|
154
Jane Street
New York
| – | -$200K | -6,328 | Closed |
|
APO Hedge Fund Activity: Q1 2014 in Review
140 of the 3,462 institutional investors tracked by Wall St. Rank reported a position in Apollo Global Management (APO) for Q1 2014, worth a combined $3B — up 32% from $2.27B a quarter earlier.
Buyers outnumbered sellers: 25 funds opened new APO positions and 14 closed out — a net gain of 11 holders — while 53 added to existing stakes and 38 trimmed.
The largest buyer was California Public Employees Retirement System, adding an estimated $733M. The largest seller was Citigroup, cutting an estimated $36.5M.
- 140 institutional investors held Apollo Global Management (APO) as of Q1 2014, up from 131 in Q4 2013.
- Funds reported $3B of Apollo Global Management stock for Q1 2014, up 32% quarter-over-quarter.
- 25 funds opened new Apollo Global Management positions in Q1 2014 and 14 closed out, a net change of +11 holders.
- The largest Apollo Global Management buyer in Q1 2014 was California Public Employees Retirement System, an estimated $733M added.
- The largest Apollo Global Management seller in Q1 2014 was Citigroup, an estimated $36.5M sold.
Based on aggregated 13F filings for Q1 2014.