Apollo Commercial Real Estate
ARI
183 hedge funds and large institutions have $1.05B invested in Apollo Commercial Real Estate in 2017 Q1 according to their latest regulatory filings, with 28 funds opening new positions, 81 increasing their positions, 39 reducing their positions, and 33 closing their positions.
108% more repeat investments, than reductions
Existing positions increased: 81 | Existing positions reduced: 39
19% more capital invested
Capital invested by funds: $880M → $1.05B (+$169M)
2.85% more ownership
Funds ownership: 57.91% → 60.76% (+2.8%)
7% less funds holding
Funds holding: 196 → 183 (-13)
15% less first-time investments, than exits
New positions opened: 28 | Existing positions closed: 33
25% less funds holding in top 10
Funds holding in top 10: 4 → 3 (-1)
100% less call options, than puts
Call options by funds: $3K | Put options by funds: $1.64M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$135M |
| 2 |
NSLI
Nan Shan Life Insurance
Taipei City,
Taiwan
|
+$26.5M |
| 3 |
First Trust Advisors
Wheaton,
Illinois
|
+$9.91M |
| 4 |
Asset Management One
Tokyo,
Japan
|
+$6.1M |
| 5 |
Fuller & Thaler Asset Management
San Mateo,
California
|
+$5.63M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AMH
Apollo Management Holdings
New York
|
-$21.3M |
| 2 |
N
Nuveen
Charlotte,
North Carolina
|
-$6.88M |
| 3 |
Alyeska Investment Group
Chicago,
Illinois
|
-$6.31M |
| 4 |
Morgan Stanley
New York
|
-$5.3M |
| 5 |
Bank of Montreal
Toronto,
Ontario, Canada
|
-$4.74M |
ARI Hedge Fund Activity: Q1 2017 in Review
183 of the 4,017 institutional investors tracked by Wall St. Rank reported a position in Apollo Commercial Real Estate (ARI) for Q1 2017, worth a combined $1.05B — up 19% from $880M a quarter earlier.
Sellers outnumbered buyers: 33 funds closed out of ARI and 28 opened new positions — a net loss of 5 holders — while 39 trimmed existing stakes and 81 added.
The largest buyer was BlackRock, adding an estimated $135M. The largest seller was Apollo Management Holdings, cutting an estimated $21.3M.
- 183 institutional investors held Apollo Commercial Real Estate (ARI) as of Q1 2017, down from 196 in Q4 2016.
- Funds reported $1.05B of Apollo Commercial Real Estate stock for Q1 2017, up 19% quarter-over-quarter.
- 28 funds opened new Apollo Commercial Real Estate positions in Q1 2017 and 33 closed out, a net change of -5 holders.
- The largest Apollo Commercial Real Estate buyer in Q1 2017 was BlackRock, an estimated $135M added.
- The largest Apollo Commercial Real Estate seller in Q1 2017 was Apollo Management Holdings, an estimated $21.3M sold.
Based on aggregated 13F filings for Q1 2017.