ARI

Apollo Commercial Real Estate

256 hedge funds and large institutions have $794M invested in Apollo Commercial Real Estate in 2025 Q4 according to their latest regulatory filings, with 35 funds opening new positions, 96 increasing their positions, 77 reducing their positions, and 33 closing their positions.

New
Increased
Maintained
Reduced
Closed

more call options, than puts

Call options by funds: $ | Put options by funds: $

more funds holding in top 10

Funds holding in top 10:

more repeat investments, than reductions

Existing positions increased: | Existing positions reduced:

more ownership

Funds ownership:

6% more first-time investments, than exits

New positions opened: 35 | Existing positions closed: 33

2% less capital invested

Capital invested by funds: $810M → $794M (-$15.5M)

2% less funds holding

Funds holding: 260256 (-4)

Holders
256
Holders Change
Holders Change %
% of All Funds
Holding in Top 10
2
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
Increased
Reduced
Closed
Calls
$1.56M
Puts
$646K
Net Calls
Net Calls Change

Top Buyers

1 +$5.69M
2 +$5.58M
3 +$4.85M
4
UBS AM
UBS AM
Illinois
+$3.76M
5
Morgan Stanley
Morgan Stanley
New York
+$3.51M
Name Holding Trade Value Shares
Change
Change in
Stake
KAS
76
Kestra Advisory Services
Texas
$788K
Lido Advisors
77
Lido Advisors
California
$786K
MIM
78
MetLife Investment Management
New Jersey
$729K
Osaic Holdings
79
Osaic Holdings
Arizona
$726K
PI
80
PFG Investments
New York
$690K
IMRF
81
Illinois Municipal Retirement Fund
Illinois
$674K
AAM
82
Advisors Asset Management
Colorado
$669K
SOADOR
83
State of Alaska Department of Revenue
Alaska
$643K
Bank of Montreal
84
Bank of Montreal
Ontario, Canada
$638K
Stifel Financial
85
Stifel Financial
Missouri
$613K
IC
86
IEQ Capital
California
$604K
Royal Bank of Canada
87
Royal Bank of Canada
Ontario, Canada
$590K
N
88
Natixis
France
$581K
CC
89
CF Capital
Massachusetts
$581K
LSERS
90
Louisiana State Employees Retirement System
Louisiana
$579K
Janus Henderson Group
91
Janus Henderson Group
United Kingdom
$576K
Cetera Investment Advisers
92
Cetera Investment Advisers
Illinois
$572K
Manulife (Manufacturers Life Insurance)
93
Manulife (Manufacturers Life Insurance)
Ontario, Canada
$566K
Citigroup
94
Citigroup
New York
$564K
State Board of Administration of Florida Retirement System
95
State Board of Administration of Florida Retirement System
Florida
$554K
QCM
96
QRG Capital Management
Illinois
$545K
Cambridge Investment Research Advisors
97
Cambridge Investment Research Advisors
Iowa
$542K
Mariner
98
Mariner
Kansas
$524K
Handelsbanken Fonder
99
Handelsbanken Fonder
Sweden
$521K
State of Tennessee, Department of Treasury
100
State of Tennessee, Department of Treasury
Tennessee
$516K