Apollo Commercial Real Estate
ARI
240 hedge funds and large institutions have $876M invested in Apollo Commercial Real Estate in 2023 Q2 according to their latest regulatory filings, with 23 funds opening new positions, 86 increasing their positions, 81 reducing their positions, and 29 closing their positions.
17% more capital invested
Capital invested by funds: $748M → $876M (+$128M)
6% more repeat investments, than reductions
Existing positions increased: 86 | Existing positions reduced: 81
2.09% less ownership
Funds ownership: 56.7% → 54.61% (-2.1%)
3% less funds holding
Funds holding: 248 → 240 (-8)
21% less first-time investments, than exits
New positions opened: 23 | Existing positions closed: 29
83% less call options, than puts
Call options by funds: $3.57M | Put options by funds: $21.1M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Invesco
Atlanta,
Georgia
|
+$4.63M |
| 2 |
Nuveen
Charlotte,
North Carolina
|
+$3.76M |
| 3 |
MFG
Merit Financial Group
Alpharetta,
Georgia
|
+$3.08M |
| 4 |
Morgan Stanley
New York
|
+$2.83M |
| 5 |
VanEck Associates
New York
|
+$1.07M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
-$11.9M |
| 2 |
Allspring Global Investments
Charlotte,
North Carolina
|
-$4.57M |
| 3 |
BlackRock
New York
|
-$3.4M |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
-$3.4M |
| 5 |
Goldman Sachs
New York
|
-$2.97M |
ARI Hedge Fund Activity: Q2 2023 in Review
240 of the 6,383 institutional investors tracked by Wall St. Rank reported a position in Apollo Commercial Real Estate (ARI) for Q2 2023, worth a combined $876M — up 17% from $748M a quarter earlier.
Sellers outnumbered buyers: 29 funds closed out of ARI and 23 opened new positions — a net loss of 6 holders — while 81 trimmed existing stakes and 86 added.
The largest buyer was Invesco, adding an estimated $4.63M. The largest seller was Millennium Management, cutting an estimated $11.9M.
- 240 institutional investors held Apollo Commercial Real Estate (ARI) as of Q2 2023, down from 248 in Q1 2023.
- Funds reported $876M of Apollo Commercial Real Estate stock for Q2 2023, up 17% quarter-over-quarter.
- 23 funds opened new Apollo Commercial Real Estate positions in Q2 2023 and 29 closed out, a net change of -6 holders.
- The largest Apollo Commercial Real Estate buyer in Q2 2023 was Invesco, an estimated $4.63M added.
- The largest Apollo Commercial Real Estate seller in Q2 2023 was Millennium Management, an estimated $11.9M sold.
Based on aggregated 13F filings for Q2 2023.