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ARI

Apollo Commercial Real Estate

217 hedge funds and large institutions have $976M invested in Apollo Commercial Real Estate in 2020 Q2 according to their latest regulatory filings, with 26 funds opening new positions, 73 increasing their positions, 79 reducing their positions, and 57 closing their positions.

New
Increased
Maintained
Reduced
Closed

25% more capital invested

Capital invested by funds: $779M → $976M (+$197M)

8% less repeat investments, than reductions

Existing positions increased: 73 | Existing positions reduced: 79

3.12% less ownership

Funds ownership: 67.37%64.25% (-3.1%)

13% less call options, than puts

Call options by funds: $1.64M | Put options by funds: $1.88M

13% less funds holding

Funds holding: 250217 (-33)

50% less funds holding in top 10

Funds holding in top 10: 21 (-1)

54% less first-time investments, than exits

New positions opened: 26 | Existing positions closed: 57

Holders
217
Holders Change
-33
Holders Change %
-13.2%
% of All Funds
4.45%
Holding in Top 10
1
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-50%
% of All Funds
0.02%
New
26
Increased
73
Reduced
79
Closed
57
Calls
$1.64M
Puts
$1.88M
Net Calls
-$242K
Net Calls Change
-$182K
Name Holding Trade Value Shares
Change
Change in
Stake
BlackRock
1
BlackRock
New York
$250M +$411K +48,425 +0.2%
Vanguard Group
2
Vanguard Group
Pennsylvania
$155M -$10.3M -1,209,656 -7%
AMH
3
Apollo Management Holdings
New York
$68.9M -$300K -35,334 -0.5%
SOMRS
4
State of Michigan Retirement System
Michigan
$53.6M
State Street
5
State Street
Massachusetts
$52.7M -$1.97M -232,631 -4%
Wells Fargo
6
Wells Fargo
California
$27.9M -$2.98M -350,702 -11%
Geode Capital Management
7
Geode Capital Management
Massachusetts
$20.9M +$607K +71,589 +3%
Norges Bank
8
Norges Bank
Norway
$20.3M +$1.04M +122,699 +6%
D.E. Shaw & Co
9
D.E. Shaw & Co
New York
$20M +$12.1M +1,422,507 +233%
Northern Trust
10
Northern Trust
Illinois
$19.3M -$87.4K -10,303 -0.5%
Invesco
11
Invesco
Georgia
$18.7M -$8.68M -1,023,056 -35%
Mirae Asset Global Investments
12
Mirae Asset Global Investments
South Korea
$16M +$286K +33,715 +2%
Morgan Stanley
13
Morgan Stanley
New York
$15.2M +$194K +22,897 +1%
Bank of New York Mellon
14
Bank of New York Mellon
New York
$15.1M -$2.53M -298,515 -16%
N
15
Nuveen
North Carolina
$13.2M -$70.7K -8,333 -1%
Charles Schwab
16
Charles Schwab
California
$11.7M +$667K +78,589 +7%
Principal Financial Group
17
Principal Financial Group
Iowa
$10.7M -$1.33M -156,272 -13%
CS
18
Credit Suisse
Switzerland
$8.41M +$5.23M +616,263 +256%
LSV Asset Management
19
LSV Asset Management
Illinois
$7.86M -$401K -47,200 -6%
JP Morgan Chase
20
JP Morgan Chase
New York
$7.5M -$314K -37,059 -5%
Ameriprise
21
Ameriprise
Minnesota
$7.04M -$297K -35,003 -5%
Bank of America
22
Bank of America
North Carolina
$6.95M -$2.24M -263,498 -27%
VanEck Associates
23
VanEck Associates
New York
$5.93M +$677K +79,781 +15%
PPA
24
Parametric Portfolio Associates
Washington
$5.83M +$1.29M +152,081 +34%
WG
25
Winton Group
United Kingdom
$5.18M -$6.44M -759,188 -59%

ARI Hedge Fund Activity: Q2 2020 in Review

217 of the 4,877 institutional investors tracked by Wall St. Rank reported a position in Apollo Commercial Real Estate (ARI) for Q2 2020, worth a combined $976M — up 25% from $779M a quarter earlier.

Sellers outnumbered buyers: 57 funds closed out of ARI and 26 opened new positions — a net loss of 31 holders — while 79 trimmed existing stakes and 73 added.

The largest buyer was D.E. Shaw & Co, adding an estimated $12.1M. The largest seller was Vanguard Group, cutting an estimated $10.3M.

  • 217 institutional investors held Apollo Commercial Real Estate (ARI) as of Q2 2020, down from 250 in Q1 2020.
  • Funds reported $976M of Apollo Commercial Real Estate stock for Q2 2020, up 25% quarter-over-quarter.
  • 26 funds opened new Apollo Commercial Real Estate positions in Q2 2020 and 57 closed out, a net change of -31 holders.
  • The largest Apollo Commercial Real Estate buyer in Q2 2020 was D.E. Shaw & Co, an estimated $12.1M added.
  • The largest Apollo Commercial Real Estate seller in Q2 2020 was Vanguard Group, an estimated $10.3M sold.

Based on aggregated 13F filings for Q2 2020.