Apollo Commercial Real Estate
ARI
235 hedge funds and large institutions have $1.52B invested in Apollo Commercial Real Estate in 2018 Q1 according to their latest regulatory filings, with 36 funds opening new positions, 85 increasing their positions, 74 reducing their positions, and 22 closing their positions.
64% more first-time investments, than exits
New positions opened: 36 | Existing positions closed: 22
15% more repeat investments, than reductions
Existing positions increased: 85 | Existing positions reduced: 74
9% more capital invested
Capital invested by funds: $1.4B → $1.52B (+$123M)
5% more funds holding
Funds holding: 223 → 235 (+12)
0% more funds holding in top 10
Funds holding in top 10: 3 → 3 (0)
1.76% less ownership
Funds ownership: 71.06% → 69.3% (-1.8%)
100% less call options, than puts
Call options by funds: $0 | Put options by funds: $791K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
NSLI
Nan Shan Life Insurance
Taipei City,
Taiwan
|
+$54.9M |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
+$34.1M |
| 3 |
SOMRS
State of Michigan Retirement System
Lansing,
Michigan
|
+$26.9M |
| 4 |
Citadel Advisors
Miami,
Florida
|
+$16.1M |
| 5 |
BlackRock
New York
|
+$15.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
APG Asset Management
Amsterdam,
Netherlands
|
-$20.9M |
| 2 |
Barclays
London,
United Kingdom
|
-$11.7M |
| 3 |
Allianz Asset Management
Munich,
Germany
|
-$6.35M |
| 4 |
HS
Hazelview Securities
Toronto,
Ontario, Canada
|
-$3.59M |
| 5 |
UBS Group
Zurich,
Switzerland
|
-$2.81M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
PAM
251
Panagora Asset Management
Boston,
Massachusetts
| – | -$70K | -3,810 | Closed |
|
|
II
252
Inspire Investing
Meridian,
Idaho
| – | -$56K | -3,018 | Closed |
|
253
DekaBank Deutsche Girozentrale
Frankfurt,
Germany
| – | -$52K | -2,856 | Closed |
|
254
ClearBridge Investments
New York
| – | -$18K | -1,000 | Closed |
|
|
CG
255
Cutler Group
San Francisco,
California
| – | -$9K | -504 | Closed |
|
|
PWM
256
Paulson Wealth Management
Wheaton,
Illinois
| – | -$2K | -118 | Closed |
|
257
AssetMark Inc
Concord,
California
| – | -$1K | -32 | Closed |
|
ARI Hedge Fund Activity: Q1 2018 in Review
235 of the 4,364 institutional investors tracked by Wall St. Rank reported a position in Apollo Commercial Real Estate (ARI) for Q1 2018, worth a combined $1.52B — up 8.8% from $1.4B a quarter earlier.
Buyers outnumbered sellers: 36 funds opened new ARI positions and 22 closed out — a net gain of 14 holders — while 85 added to existing stakes and 74 trimmed.
The largest buyer was Nan Shan Life Insurance, adding an estimated $54.9M. The largest seller was APG Asset Management, exiting entirely with an estimated $20.9M sold.
- 235 institutional investors held Apollo Commercial Real Estate (ARI) as of Q1 2018, up from 223 in Q4 2017.
- Funds reported $1.52B of Apollo Commercial Real Estate stock for Q1 2018, up 8.8% quarter-over-quarter.
- 36 funds opened new Apollo Commercial Real Estate positions in Q1 2018 and 22 closed out, a net change of +14 holders.
- The largest Apollo Commercial Real Estate buyer in Q1 2018 was Nan Shan Life Insurance, an estimated $54.9M added.
- The largest Apollo Commercial Real Estate seller in Q1 2018 was APG Asset Management, an estimated $20.9M sold.
Based on aggregated 13F filings for Q1 2018.