Apollo Commercial Real Estate
ARI
142 hedge funds and large institutions have $526M invested in Apollo Commercial Real Estate in 2014 Q4 according to their latest regulatory filings, with 14 funds opening new positions, 45 increasing their positions, 53 reducing their positions, and 19 closing their positions.
4% more capital invested
Capital invested by funds: $506M → $526M (+$20.2M)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
0.19% less ownership
Funds ownership: 68.8% → 68.62% (-0.19%)
7% less funds holding
Funds holding: 152 → 142 (-10)
15% less repeat investments, than reductions
Existing positions increased: 45 | Existing positions reduced: 53
26% less first-time investments, than exits
New positions opened: 14 | Existing positions closed: 19
97% less call options, than puts
Call options by funds: $72K | Put options by funds: $2.65M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AMH
Apollo Management Holdings
New York
|
+$4.9M |
| 2 |
Fuller & Thaler Asset Management
San Mateo,
California
|
+$3.85M |
| 3 |
O
OppenheimerFunds
New York
|
+$3.21M |
| 4 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
+$2.94M |
| 5 |
AG
Aperio Group
Sausalito,
California
|
+$2.27M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JP Morgan Chase
New York
|
-$13.3M |
| 2 |
Two Sigma Investments
New York
|
-$4.1M |
| 3 |
Barclays
London,
United Kingdom
|
-$3.26M |
| 4 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$2.55M |
| 5 |
Two Sigma Advisers
New York
|
-$2.47M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
GCP
151
GSA Capital Partners
London,
United Kingdom
| – | -$280K | -17,825 | Closed |
|
152
Tudor Investment Corp
Stamford,
Connecticut
| – | -$230K | -14,670 | Closed |
|
153
Principal Financial Group
Des Moines,
Iowa
| – | -$173K | -11,039 | Closed |
|
|
PCM
154
Prelude Capital Management
New York
| – | -$123K | -7,800 | Closed |
|
|
CAM
155
ClariVest Asset Management
San Diego,
California
| – | -$72K | -4,600 | Closed |
|
|
DCM
156
Dean Capital Management
Overland Park,
Kansas
| – | -$69K | -4,410 | Closed |
|
157
Ameriprise
Minneapolis,
Minnesota
| – | -$57K | -3,620 | Closed |
|
158
BNP Paribas Financial Markets
Paris,
France
| – | -$42.6K | -2,711 | Closed |
|
159
Envestnet Asset Management
Chicago,
Illinois
| – | -$31K | -2,000 | Closed |
|
|
MFS
160
MSI Financial Services
Springfield,
Massachusetts
| – | -$19K | -1,200 | Closed |
|
|
EWM
161
Elite Wealth Management
Kirkland,
Washington
| – | -$14K | -900 | Closed |
|
ARI Hedge Fund Activity: Q4 2014 in Review
142 of the 3,749 institutional investors tracked by Wall St. Rank reported a position in Apollo Commercial Real Estate (ARI) for Q4 2014, worth a combined $526M — up 4% from $506M a quarter earlier.
Sellers outnumbered buyers: 19 funds closed out of ARI and 14 opened new positions — a net loss of 5 holders — while 53 trimmed existing stakes and 45 added.
The largest buyer was Apollo Management Holdings, adding an estimated $4.9M. The largest seller was JP Morgan Chase, cutting an estimated $13.3M.
- 142 institutional investors held Apollo Commercial Real Estate (ARI) as of Q4 2014, down from 152 in Q3 2014.
- Funds reported $526M of Apollo Commercial Real Estate stock for Q4 2014, up 4% quarter-over-quarter.
- 14 funds opened new Apollo Commercial Real Estate positions in Q4 2014 and 19 closed out, a net change of -5 holders.
- The largest Apollo Commercial Real Estate buyer in Q4 2014 was Apollo Management Holdings, an estimated $4.9M added.
- The largest Apollo Commercial Real Estate seller in Q4 2014 was JP Morgan Chase, an estimated $13.3M sold.
Based on aggregated 13F filings for Q4 2014.