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ARI

Apollo Commercial Real Estate

196 hedge funds and large institutions have $880M invested in Apollo Commercial Real Estate in 2016 Q4 according to their latest regulatory filings, with 39 funds opening new positions, 67 increasing their positions, 58 reducing their positions, and 20 closing their positions.

New
Increased
Maintained
Reduced
Closed

134% more call options, than puts

Call options by funds: $2.54M | Put options by funds: $1.09M

95% more first-time investments, than exits

New positions opened: 39 | Existing positions closed: 20

33% more funds holding in top 10

Funds holding in top 10: 34 (+1)

16% more repeat investments, than reductions

Existing positions increased: 67 | Existing positions reduced: 58

13% more capital invested

Capital invested by funds: $777M → $880M (+$103M)

9% more funds holding

Funds holding: 180196 (+16)

1.29% less ownership

Funds ownership: 59.2%57.91% (-1.3%)

Holders
196
Holders Change
+16
Holders Change %
+8.89%
% of All Funds
4.9%
Holding in Top 10
4
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+33.33%
% of All Funds
0.1%
New
39
Increased
67
Reduced
58
Closed
20
Calls
$2.54M
Puts
$1.09M
Net Calls
+$1.46M
Net Calls Change
+$661K
Name Holding Trade Value Shares
Change
Change in
Stake
BFA
1
BlackRock Fund Advisors
California
$72.9M +$9.85M +586,589 +15%
Fuller & Thaler Asset Management
2
Fuller & Thaler Asset Management
California
$69.7M +$3.66M +218,084 +5%
AMH
3
Apollo Management Holdings
New York
$57.2M +$11.3M +670,257 +24%
Vanguard Group
4
Vanguard Group
Pennsylvania
$56.8M +$9.95M +592,986 +21%
SOMRS
5
State of Michigan Retirement System
Michigan
$49.5M
NSLI
6
Nan Shan Life Insurance
Taiwan
$43.1M +$6.76M +402,792 +18%
BIT
7
BlackRock Institutional Trust
California
$33.3M -$139K -8,252 -0.4%
LSV Asset Management
8
LSV Asset Management
Illinois
$31.9M -$337K -20,051 -1%
UBS Group
9
UBS Group
Switzerland
$28.5M +$15.8M +942,164 +122%
State Street
10
State Street
Massachusetts
$25.4M -$842K -50,149 -3%
Wells Fargo
11
Wells Fargo
California
$24.2M +$8.81M +524,686 +56%
Allianz Asset Management
12
Allianz Asset Management
Germany
$21M -$903K -53,784 -4%
Bank of America
13
Bank of America
North Carolina
$19.9M +$1.19M +70,612 +6%
Geode Capital Management
14
Geode Capital Management
Massachusetts
$17.5M +$5.82M +346,633 +49%
GXMC
15
Global X Management Company
New York
$15.4M +$505K +30,056 +3%
Morgan Stanley
16
Morgan Stanley
New York
$14.8M +$9.58M +570,757 +179%
N
17
Nuveen
North Carolina
$14.1M +$14.2M +847,891 New
Northern Trust
18
Northern Trust
Illinois
$13.9M +$661K +39,375 +5%
JP Morgan Chase
19
JP Morgan Chase
New York
$13.2M +$6.7M +398,847 +100%
YMRC
20
Yorktown Management & Research Company
Virginia
$10.8M +$4.49M +267,534 +70%
TCIM
21
TIAA CREF Investment Management
New York
$8.67M +$3.49M +208,147 +66%
RCAMU
22
Rothschild & Co Asset Management US
Connecticut
$8.46M +$215K +12,787 +3%
Acadian Asset Management
23
Acadian Asset Management
Massachusetts
$8.3M +$7.06M +420,515 +533%
CS
24
Credit Suisse
Switzerland
$7.67M +$3.9M +232,077 +101%
Bank of New York Mellon
25
Bank of New York Mellon
New York
$6.92M +$1.11M +66,081 +19%

ARI Hedge Fund Activity: Q4 2016 in Review

196 of the 4,000 institutional investors tracked by Wall St. Rank reported a position in Apollo Commercial Real Estate (ARI) for Q4 2016, worth a combined $880M — up 13% from $777M a quarter earlier.

Buyers outnumbered sellers: 39 funds opened new ARI positions and 20 closed out — a net gain of 19 holders — while 67 added to existing stakes and 58 trimmed.

The largest buyer was UBS Group, adding an estimated $15.8M. The largest seller was Blackstone Inc, exiting entirely with an estimated $30.2M sold.

  • 196 institutional investors held Apollo Commercial Real Estate (ARI) as of Q4 2016, up from 180 in Q3 2016.
  • Funds reported $880M of Apollo Commercial Real Estate stock for Q4 2016, up 13% quarter-over-quarter.
  • 39 funds opened new Apollo Commercial Real Estate positions in Q4 2016 and 20 closed out, a net change of +19 holders.
  • The largest Apollo Commercial Real Estate buyer in Q4 2016 was UBS Group, an estimated $15.8M added.
  • The largest Apollo Commercial Real Estate seller in Q4 2016 was Blackstone Inc, an estimated $30.2M sold.

Based on aggregated 13F filings for Q4 2016.