Apollo Commercial Real Estate
ARI
115 hedge funds and large institutions have $340M invested in Apollo Commercial Real Estate in 2013 Q3 according to their latest regulatory filings, with 8 funds opening new positions, 46 increasing their positions, 39 reducing their positions, and 12 closing their positions.
18% more repeat investments, than reductions
Existing positions increased: 46 | Existing positions reduced: 39
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
0.37% less ownership
Funds ownership: 60.8% → 60.43% (-0.37%)
5% less capital invested
Capital invested by funds: $356M → $340M (-$16.1M)
4% less funds holding
Funds holding: 120 → 115 (-5)
33% less first-time investments, than exits
New positions opened: 8 | Existing positions closed: 12
100% less call options, than puts
Call options by funds: $0 | Put options by funds: $11K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
EC
EJF Capital
Arlington,
Virginia
|
+$12.6M |
| 2 |
Morgan Stanley
New York
|
+$4.26M |
| 3 |
MCM
Moore Capital Management
New York
|
+$3.35M |
| 4 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
+$2.5M |
| 5 |
Fuller & Thaler Asset Management
San Mateo,
California
|
+$1.78M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Toronto Dominion Bank
Toronto, Ontario,
Ontario, Canada
|
-$6.78M |
| 2 |
CA
Commerzbank Aktiengesellschaft
Frankfurt,
Germany
|
-$3.9M |
| 3 |
Renaissance Technologies
New York
|
-$3.41M |
| 4 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$2.35M |
| 5 |
YMRC
Yorktown Management & Research Company
Forest,
Virginia
|
-$2.22M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
126
Group One Trading
Chicago,
Illinois
| – | -$7.8K | -500 | Closed |
|
|
WAM
127
Wallington Asset Management
Indianapolis,
Indiana
| – | -$11K | -400 | Closed |
|
ARI Hedge Fund Activity: Q3 2013 in Review
115 of the 3,084 institutional investors tracked by Wall St. Rank reported a position in Apollo Commercial Real Estate (ARI) for Q3 2013, worth a combined $340M — down 4.5% from $356M a quarter earlier.
Sellers outnumbered buyers: 12 funds closed out of ARI and 8 opened new positions — a net loss of 4 holders — while 39 trimmed existing stakes and 46 added.
The largest buyer was EJF Capital, opening a new position worth an estimated $12.6M. The largest seller was Toronto Dominion Bank, exiting entirely with an estimated $6.78M sold.
- 115 institutional investors held Apollo Commercial Real Estate (ARI) as of Q3 2013, down from 120 in Q2 2013.
- Funds reported $340M of Apollo Commercial Real Estate stock for Q3 2013, down 4.5% quarter-over-quarter.
- 8 funds opened new Apollo Commercial Real Estate positions in Q3 2013 and 12 closed out, a net change of -4 holders.
- The largest Apollo Commercial Real Estate buyer in Q3 2013 was EJF Capital, an estimated $12.6M added.
- The largest Apollo Commercial Real Estate seller in Q3 2013 was Toronto Dominion Bank, an estimated $6.78M sold.
Based on aggregated 13F filings for Q3 2013.