Apollo Commercial Real Estate
ARI
167 hedge funds and large institutions have $673M invested in Apollo Commercial Real Estate in 2016 Q2 according to their latest regulatory filings, with 13 funds opening new positions, 70 increasing their positions, 47 reducing their positions, and 14 closing their positions.
344% more call options, than puts
Call options by funds: $1.57M | Put options by funds: $354K
49% more repeat investments, than reductions
Existing positions increased: 70 | Existing positions reduced: 47
0% more funds holding in top 10
Funds holding in top 10: 3 → 3 (0)
3% less capital invested
Capital invested by funds: $697M → $673M (-$24.2M)
7% less first-time investments, than exits
New positions opened: 13 | Existing positions closed: 14
1.35% less ownership
Funds ownership: 63.49% → 62.14% (-1.3%)
2% less funds holding
Funds holding: 170 → 167 (-3)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SOMRS
State of Michigan Retirement System
Lansing,
Michigan
|
+$10.6M |
| 2 |
Fuller & Thaler Asset Management
San Mateo,
California
|
+$10.5M |
| 3 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
+$9.74M |
| 4 |
Blackstone Inc
New York
|
+$3.87M |
| 5 |
CS
Credit Suisse
Zurich,
Switzerland
|
+$2.99M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
-$29M |
| 2 |
O
OppenheimerFunds
New York
|
-$22.5M |
| 3 |
Renaissance Technologies
New York
|
-$22M |
| 4 |
JP Morgan Chase
New York
|
-$3.31M |
| 5 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$1.26M |
ARI Hedge Fund Activity: Q2 2016 in Review
167 of the 3,756 institutional investors tracked by Wall St. Rank reported a position in Apollo Commercial Real Estate (ARI) for Q2 2016, worth a combined $673M — down 3.5% from $697M a quarter earlier.
Sellers outnumbered buyers: 14 funds closed out of ARI and 13 opened new positions — a net loss of 1 holder — while 47 trimmed existing stakes and 70 added.
The largest buyer was State of Michigan Retirement System, adding an estimated $10.6M. The largest seller was Goldman Sachs, cutting an estimated $29M.
- 167 institutional investors held Apollo Commercial Real Estate (ARI) as of Q2 2016, down from 170 in Q1 2016.
- Funds reported $673M of Apollo Commercial Real Estate stock for Q2 2016, down 3.5% quarter-over-quarter.
- 13 funds opened new Apollo Commercial Real Estate positions in Q2 2016 and 14 closed out, a net change of -1 holder.
- The largest Apollo Commercial Real Estate buyer in Q2 2016 was State of Michigan Retirement System, an estimated $10.6M added.
- The largest Apollo Commercial Real Estate seller in Q2 2016 was Goldman Sachs, an estimated $29M sold.
Based on aggregated 13F filings for Q2 2016.