Apollo Commercial Real Estate
ARI
228 hedge funds and large institutions have $771M invested in Apollo Commercial Real Estate in 2023 Q3 according to their latest regulatory filings, with 17 funds opening new positions, 76 increasing their positions, 88 reducing their positions, and 27 closing their positions.
0.9% less ownership
Funds ownership: 54.61% → 53.71% (-0.9%)
5% less funds holding
Funds holding: 240 → 228 (-12)
12% less capital invested
Capital invested by funds: $875M → $771M (-$104M)
14% less repeat investments, than reductions
Existing positions increased: 76 | Existing positions reduced: 88
37% less first-time investments, than exits
New positions opened: 17 | Existing positions closed: 27
72% less call options, than puts
Call options by funds: $3.91M | Put options by funds: $13.8M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
+$4.09M |
| 2 |
Hotchkis & Wiley Capital Management
Los Angeles,
California
|
+$2.83M |
| 3 |
AI
AXS Investments
Port Chester,
New York
|
+$2.55M |
| 4 |
First Trust Advisors
Wheaton,
Illinois
|
+$2.42M |
| 5 |
Geode Capital Management
Boston,
Massachusetts
|
+$1.22M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
-$6.49M |
| 2 |
BlackRock
New York
|
-$5.5M |
| 3 |
NIG
NFJ Investment Group
Dallas,
Texas
|
-$3.56M |
| 4 |
ECM
ExodusPoint Capital Management
New York
|
-$1.7M |
| 5 |
RBC
Roble Belko & Company
Sewickley,
Pennsylvania
|
-$1.6M |
ARI Hedge Fund Activity: Q3 2023 in Review
228 of the 6,301 institutional investors tracked by Wall St. Rank reported a position in Apollo Commercial Real Estate (ARI) for Q3 2023, worth a combined $771M — down 12% from $875M a quarter earlier.
Sellers outnumbered buyers: 27 funds closed out of ARI and 17 opened new positions — a net loss of 10 holders — while 88 trimmed existing stakes and 76 added.
The largest buyer was Citadel Advisors, adding an estimated $4.09M. The largest seller was Goldman Sachs, cutting an estimated $6.49M.
- 228 institutional investors held Apollo Commercial Real Estate (ARI) as of Q3 2023, down from 240 in Q2 2023.
- Funds reported $771M of Apollo Commercial Real Estate stock for Q3 2023, down 12% quarter-over-quarter.
- 17 funds opened new Apollo Commercial Real Estate positions in Q3 2023 and 27 closed out, a net change of -10 holders.
- The largest Apollo Commercial Real Estate buyer in Q3 2023 was Citadel Advisors, an estimated $4.09M added.
- The largest Apollo Commercial Real Estate seller in Q3 2023 was Goldman Sachs, an estimated $6.49M sold.
Based on aggregated 13F filings for Q3 2023.