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ARI

Apollo Commercial Real Estate

252 hedge funds and large institutions have $1.54B invested in Apollo Commercial Real Estate in 2018 Q4 according to their latest regulatory filings, with 45 funds opening new positions, 100 increasing their positions, 59 reducing their positions, and 32 closing their positions.

New
Increased
Maintained
Reduced
Closed

69% more repeat investments, than reductions

Existing positions increased: 100 | Existing positions reduced: 59

41% more first-time investments, than exits

New positions opened: 45 | Existing positions closed: 32

5% more funds holding

Funds holding: 241252 (+11)

0% more funds holding in top 10

Funds holding in top 10: 33 (0)

4.9% less ownership

Funds ownership: 74.03%69.13% (-4.9%)

10% less capital invested

Capital invested by funds: $1.72B → $1.54B (-$177M)

100% less call options, than puts

Call options by funds: $0 | Put options by funds: $874K

Holders
252
Holders Change
+11
Holders Change %
+4.56%
% of All Funds
5.61%
Holding in Top 10
3
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.07%
New
45
Increased
100
Reduced
59
Closed
32
Calls
Puts
$874K
Net Calls
-$874K
Net Calls Change
-$899K
Name Holding Trade Value Shares
Change
Change in
Stake
BlackRock
1
BlackRock
New York
$336M +$9.39M +508,640 +3%
Vanguard Group
2
Vanguard Group
Pennsylvania
$238M +$20.3M +1,097,408 +8%
SOMRS
3
State of Michigan Retirement System
Michigan
$98.6M
State Street
4
State Street
Massachusetts
$69.9M +$2.16M +116,797 +3%
Bessemer Group
5
Bessemer Group
New Jersey
$49.1M +$27.2M +1,472,373 +100%
NSLI
6
Nan Shan Life Insurance
Taiwan
$38.8M +$2.26M +122,217 +6%
AMH
7
Apollo Management Holdings
New York
$37.3M
Wells Fargo
8
Wells Fargo
California
$36.8M -$984K -53,280 -2%
Invesco
9
Invesco
Georgia
$33.8M -$12.9M -698,327 -26%
LSV Asset Management
10
LSV Asset Management
Illinois
$30.1M -$1.38M -74,538 -4%
APG Asset Management
11
APG Asset Management
Netherlands
$30.1M +$22.7M +1,230,600 +148%
Bank of New York Mellon
12
Bank of New York Mellon
New York
$26.3M +$213K +11,545 +0.7%
Norges Bank
13
Norges Bank
Norway
$25.8M +$2.96M +160,227 +12%
Deutsche Bank
14
Deutsche Bank
Germany
$25.6M +$2M +108,451 +8%
Northern Trust
15
Northern Trust
Illinois
$25.2M +$149K +8,062 +0.5%
Bank of America
16
Bank of America
North Carolina
$22.3M -$1.41M -76,160 -5%
Mirae Asset Global Investments
17
Mirae Asset Global Investments
South Korea
$21.5M +$1.31M +70,907 +6%
UBS Group
18
UBS Group
Switzerland
$21.4M +$7.26M +393,501 +44%
Morgan Stanley
19
Morgan Stanley
New York
$20.6M +$2.47M +133,660 +12%
Geode Capital Management
20
Geode Capital Management
Massachusetts
$20.4M +$731K +39,619 +3%
Principal Financial Group
21
Principal Financial Group
Iowa
$17.9M +$437K +23,659 +2%
Renaissance Technologies
22
Renaissance Technologies
New York
$13M +$5.46M +295,500 +61%
FP
23
Foundry Partners
Minnesota
$12.1M +$1.89M +102,221 +16%
JMPWA
24
JP Morgan Private Wealth Advisors
California
$12.1M +$3.45M +186,717 +35%
JP Morgan Chase
25
JP Morgan Chase
New York
$11.9M -$4.74M -256,876 -26%

ARI Hedge Fund Activity: Q4 2018 in Review

252 of the 4,489 institutional investors tracked by Wall St. Rank reported a position in Apollo Commercial Real Estate (ARI) for Q4 2018, worth a combined $1.54B — down 10% from $1.72B a quarter earlier.

Buyers outnumbered sellers: 45 funds opened new ARI positions and 32 closed out — a net gain of 13 holders — while 100 added to existing stakes and 59 trimmed.

The largest buyer was Bessemer Group, adding an estimated $27.2M. The largest seller was Fuller & Thaler Asset Management, cutting an estimated $59.5M.

  • 252 institutional investors held Apollo Commercial Real Estate (ARI) as of Q4 2018, up from 241 in Q3 2018.
  • Funds reported $1.54B of Apollo Commercial Real Estate stock for Q4 2018, down 10% quarter-over-quarter.
  • 45 funds opened new Apollo Commercial Real Estate positions in Q4 2018 and 32 closed out, a net change of +13 holders.
  • The largest Apollo Commercial Real Estate buyer in Q4 2018 was Bessemer Group, an estimated $27.2M added.
  • The largest Apollo Commercial Real Estate seller in Q4 2018 was Fuller & Thaler Asset Management, an estimated $59.5M sold.

Based on aggregated 13F filings for Q4 2018.