Apollo Commercial Real Estate
ARI
170 hedge funds and large institutions have $688M invested in Apollo Commercial Real Estate in 2016 Q1 according to their latest regulatory filings, with 24 funds opening new positions, 75 increasing their positions, 44 reducing their positions, and 19 closing their positions.
164% more call options, than puts
Call options by funds: $808K | Put options by funds: $306K
70% more repeat investments, than reductions
Existing positions increased: 75 | Existing positions reduced: 44
26% more first-time investments, than exits
New positions opened: 24 | Existing positions closed: 19
2.5% more ownership
Funds ownership: 60.98% → 63.49% (+2.5%)
2% more funds holding
Funds holding: 166 → 170 (+4)
4% less capital invested
Capital invested by funds: $719M → $688M (-$31M)
40% less funds holding in top 10
Funds holding in top 10: 5 → 3 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SOMRS
State of Michigan Retirement System
Lansing,
Michigan
|
+$37.3M |
| 2 |
Fuller & Thaler Asset Management
San Mateo,
California
|
+$9.2M |
| 3 |
Blackstone Inc
New York
|
+$9M |
| 4 |
First Trust Advisors
Wheaton,
Illinois
|
+$7.93M |
| 5 |
Goldman Sachs
New York
|
+$6.75M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
O
OppenheimerFunds
New York
|
-$23M |
| 2 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$9.95M |
| 3 |
UBS Group
Zurich,
Switzerland
|
-$6.97M |
| 4 |
GXMC
Global X Management Company
New York
|
-$3.62M |
| 5 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
-$3.46M |
ARI Hedge Fund Activity: Q1 2016 in Review
170 of the 3,753 institutional investors tracked by Wall St. Rank reported a position in Apollo Commercial Real Estate (ARI) for Q1 2016, worth a combined $688M — down 4.3% from $719M a quarter earlier.
Buyers outnumbered sellers: 24 funds opened new ARI positions and 19 closed out — a net gain of 5 holders — while 75 added to existing stakes and 44 trimmed.
The largest buyer was State of Michigan Retirement System, opening a new position worth an estimated $37.3M. The largest seller was OppenheimerFunds, cutting an estimated $23M.
- 170 institutional investors held Apollo Commercial Real Estate (ARI) as of Q1 2016, up from 166 in Q4 2015.
- Funds reported $688M of Apollo Commercial Real Estate stock for Q1 2016, down 4.3% quarter-over-quarter.
- 24 funds opened new Apollo Commercial Real Estate positions in Q1 2016 and 19 closed out, a net change of +5 holders.
- The largest Apollo Commercial Real Estate buyer in Q1 2016 was State of Michigan Retirement System, an estimated $37.3M added.
- The largest Apollo Commercial Real Estate seller in Q1 2016 was OppenheimerFunds, an estimated $23M sold.
Based on aggregated 13F filings for Q1 2016.