Apollo Commercial Real Estate
ARI
124 hedge funds and large institutions have $373M invested in Apollo Commercial Real Estate in 2013 Q4 according to their latest regulatory filings, with 20 funds opening new positions, 44 increasing their positions, 43 reducing their positions, and 9 closing their positions.
122% more first-time investments, than exits
New positions opened: 20 | Existing positions closed: 9
10% more capital invested
Capital invested by funds: $340M → $373M (+$32.8M)
8% more funds holding
Funds holding: 115 → 124 (+9)
1.44% more ownership
Funds ownership: 60.43% → 61.87% (+1.4%)
2% more repeat investments, than reductions
Existing positions increased: 44 | Existing positions reduced: 43
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Schroder Investment Management Group
London,
United Kingdom
|
+$10.8M |
| 2 |
OCG
Opus Capital Group
Cincinnati,
Ohio
|
+$6.76M |
| 3 |
Goldman Sachs
New York
|
+$4.86M |
| 4 |
DCM
Driehaus Capital Management
Chicago,
Illinois
|
+$3.84M |
| 5 |
BIT
BlackRock Institutional Trust
San Francisco,
California
|
+$2.89M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
EC
EJF Capital
Arlington,
Virginia
|
-$5.55M |
| 2 |
Citadel Advisors
Miami,
Florida
|
-$4.62M |
| 3 |
Morgan Stanley
New York
|
-$4.05M |
| 4 |
ECM
EII Capital Management
New York
|
-$3.29M |
| 5 |
Lazard Asset Management
New York
|
-$3.15M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
DCM
126
Dialectic Capital Management
Norwalk,
Connecticut
| – | -$1.04M | -67,900 | Closed |
|
|
VNA
127
VNBTrust National Association
Charlottesville,
Virginia
| – | -$428K | -28,000 | Closed |
|
128
ProShare Advisors
Bethesda,
Maryland
| – | -$358K | -23,425 | Closed |
|
|
EMG
129
Ellington Management Group
Old Greenwich,
Connecticut
| – | -$243K | -15,900 | Closed |
|
|
ARTA
130
A.R.T. Advisors
New York
| – | -$236K | -15,472 | Closed |
|
131
Principal Financial Group
Des Moines,
Iowa
| – | -$178K | -11,629 | Closed |
|
132
SG Americas Securities
New York
| – | -$101K | -6,639 | Closed |
|
|
TRCT
133
Tower Research Capital (TRC)
New York
| – | -$14K | -933 | Closed |
|
ARI Hedge Fund Activity: Q4 2013 in Review
124 of the 3,445 institutional investors tracked by Wall St. Rank reported a position in Apollo Commercial Real Estate (ARI) for Q4 2013, worth a combined $373M — up 9.6% from $340M a quarter earlier.
Buyers outnumbered sellers: 20 funds opened new ARI positions and 9 closed out — a net gain of 11 holders — while 44 added to existing stakes and 43 trimmed.
The largest buyer was Schroder Investment Management Group, adding an estimated $10.8M. The largest seller was EJF Capital, cutting an estimated $5.55M.
- 124 institutional investors held Apollo Commercial Real Estate (ARI) as of Q4 2013, up from 115 in Q3 2013.
- Funds reported $373M of Apollo Commercial Real Estate stock for Q4 2013, up 9.6% quarter-over-quarter.
- 20 funds opened new Apollo Commercial Real Estate positions in Q4 2013 and 9 closed out, a net change of +11 holders.
- The largest Apollo Commercial Real Estate buyer in Q4 2013 was Schroder Investment Management Group, an estimated $10.8M added.
- The largest Apollo Commercial Real Estate seller in Q4 2013 was EJF Capital, an estimated $5.55M sold.
Based on aggregated 13F filings for Q4 2013.