Apollo Commercial Real Estate
ARI
223 hedge funds and large institutions have $1.4B invested in Apollo Commercial Real Estate in 2017 Q4 according to their latest regulatory filings, with 34 funds opening new positions, 80 increasing their positions, 65 reducing their positions, and 14 closing their positions.
143% more first-time investments, than exits
New positions opened: 34 | Existing positions closed: 14
50% more funds holding in top 10
Funds holding in top 10: 2 → 3 (+1)
23% more repeat investments, than reductions
Existing positions increased: 80 | Existing positions reduced: 65
9% more funds holding
Funds holding: 204 → 223 (+19)
3% more capital invested
Capital invested by funds: $1.35B → $1.4B (+$47.1M)
0.2% more ownership
Funds ownership: 70.87% → 71.06% (+0.2%)
100% less call options, than puts
Call options by funds: $0 | Put options by funds: $1.49M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Invesco
Atlanta,
Georgia
|
+$13.7M |
| 2 |
SOMRS
State of Michigan Retirement System
Lansing,
Michigan
|
+$13.5M |
| 3 |
APG Asset Management
Amsterdam,
Netherlands
|
+$12.5M |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
+$10.8M |
| 5 |
BlackRock
New York
|
+$9.48M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JP Morgan Chase
New York
|
-$16.7M |
| 2 |
N
Nuveen
Charlotte,
North Carolina
|
-$11.3M |
| 3 |
Barclays
London,
United Kingdom
|
-$8.09M |
| 4 |
AWCI
Alpine Woods Capital Investors
Purchase,
New York
|
-$5.38M |
| 5 |
AAMU
AEGON Asset Management (UK)
Edinburgh,
United Kingdom
|
-$4.98M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
NFA
226
Nationwide Fund Advisors
Columbus,
Ohio
| – | -$1.04M | -57,292 | Closed |
|
|
MAM
227
Martingale Asset Management
Boston,
Massachusetts
| – | -$966K | -53,314 | Closed |
|
|
VF
228
Virtu Financial
New York
| – | -$362K | -19,999 | Closed |
|
|
N
229
Natixis
Paris,
France
| – | -$287K | -15,859 | Closed |
|
230
Jane Street
New York
| – | -$217K | -11,978 | Closed |
|
|
PI
231
PineBridge Investments
New York
| – | -$216K | -11,906 | Closed |
|
|
TRCT
232
Tower Research Capital (TRC)
New York
| – | -$125K | -6,776 | Closed |
|
|
AIM
233
Advantage Investment Management
Cedar Rapids,
Iowa
| – | -$83K | -4,603 | Closed |
|
|
PG
234
PEAK6 Group
Chicago,
Illinois
| – | -$60K | -3,320 | Closed |
|
|
PCM
235
Penserra Capital Management
Orinda,
California
| – | -$22K | -1,260 | Closed |
|
|
WIM
236
Westside Investment Management
Santa Monica,
California
| – | -$5.46K | -300 | Closed |
|
|
STA
237
Summit Trail Advisors
New York
| – | +$443 | +24 | New |
|
ARI Hedge Fund Activity: Q4 2017 in Review
223 of the 4,409 institutional investors tracked by Wall St. Rank reported a position in Apollo Commercial Real Estate (ARI) for Q4 2017, worth a combined $1.4B — up 3.5% from $1.35B a quarter earlier.
Buyers outnumbered sellers: 34 funds opened new ARI positions and 14 closed out — a net gain of 20 holders — while 80 added to existing stakes and 65 trimmed.
The largest buyer was Invesco, adding an estimated $13.7M. The largest seller was JP Morgan Chase, cutting an estimated $16.7M.
- 223 institutional investors held Apollo Commercial Real Estate (ARI) as of Q4 2017, up from 204 in Q3 2017.
- Funds reported $1.4B of Apollo Commercial Real Estate stock for Q4 2017, up 3.5% quarter-over-quarter.
- 34 funds opened new Apollo Commercial Real Estate positions in Q4 2017 and 14 closed out, a net change of +20 holders.
- The largest Apollo Commercial Real Estate buyer in Q4 2017 was Invesco, an estimated $13.7M added.
- The largest Apollo Commercial Real Estate seller in Q4 2017 was JP Morgan Chase, an estimated $16.7M sold.
Based on aggregated 13F filings for Q4 2017.