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ARI

Apollo Commercial Real Estate

239 hedge funds and large institutions have $855M invested in Apollo Commercial Real Estate in 2024 Q1 according to their latest regulatory filings, with 32 funds opening new positions, 70 increasing their positions, 83 reducing their positions, and 23 closing their positions.

New
Increased
Maintained
Reduced
Closed

39% more first-time investments, than exits

New positions opened: 32 | Existing positions closed: 23

3% more funds holding

Funds holding: 233239 (+6)

2.32% less ownership

Funds ownership: 56.36%54.04% (-2.3%)

9% less capital invested

Capital invested by funds: $937M → $855M (-$81.7M)

16% less repeat investments, than reductions

Existing positions increased: 70 | Existing positions reduced: 83

48% less call options, than puts

Call options by funds: $3.95M | Put options by funds: $7.62M

Holders
239
Holders Change
+6
Holders Change %
+2.58%
% of All Funds
3.44%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
32
Increased
70
Reduced
83
Closed
23
Calls
$3.95M
Puts
$7.62M
Net Calls
-$3.67M
Net Calls Change
+$5.65M
Name Holding Trade Value Shares
Change
Change in
Stake
BlackRock
1
BlackRock
New York
$257M -$797K -71,080 -0.3%
Vanguard Group
2
Vanguard Group
Pennsylvania
$172M -$527K -46,990 -0.3%
State Street
3
State Street
Massachusetts
$60.2M +$1.4M +125,010 +2%
Geode Capital Management
4
Geode Capital Management
Massachusetts
$33.8M +$822K +73,333 +2%
Morgan Stanley
5
Morgan Stanley
New York
$24.5M -$28.3M -2,520,529 -53%
Allspring Global Investments
6
Allspring Global Investments
North Carolina
$23.8M -$240K -21,426 -1%
Charles Schwab
7
Charles Schwab
California
$22.9M +$1.05M +93,916 +5%
Invesco
8
Invesco
Georgia
$20M +$965K +86,056 +5%
Northern Trust
9
Northern Trust
Illinois
$17.3M -$419K -37,333 -2%
Bank of New York Mellon
10
Bank of New York Mellon
New York
$11.8M -$417K -37,177 -3%
Norges Bank
11
Norges Bank
Norway
$9.37M -$2.03M -181,352 -18%
VanEck Associates
12
VanEck Associates
New York
$8.72M +$235K +20,957 +3%
Principal Financial Group
13
Principal Financial Group
Iowa
$7.57M +$6.56K +585 +0.1%
AWA
14
Arete Wealth Advisors
Illinois
$7.46M +$463K +41,300 +7%
AMH
15
Apollo Management Holdings
New York
$7.41M
Mirae Asset Global Investments
16
Mirae Asset Global Investments
South Korea
$7.35M +$884K +78,833 +11%
Ameriprise
17
Ameriprise
Minnesota
$7.32M +$142K +12,697 +2%
LSV Asset Management
18
LSV Asset Management
Illinois
$6.35M -$10.1K -900 -0.2%
Hotchkis & Wiley Capital Management
19
Hotchkis & Wiley Capital Management
California
$5.68M -$83K -7,400 -1%
N
20
Nuveen
North Carolina
$5.59M -$3.43M -305,707 -38%
JP Morgan Chase
21
JP Morgan Chase
New York
$5.35M -$732K -65,267 -12%
Citadel Advisors
22
Citadel Advisors
Florida
$5.32M +$797K +71,098 +18%
Bank of America
23
Bank of America
North Carolina
$4.98M -$1.29M -115,002 -20%
RhumbLine Advisers
24
RhumbLine Advisers
Massachusetts
$4.92M +$38.3K +3,420 +0.8%
GLA
25
Great Lakes Advisors
Illinois
$4.33M +$4.36M +389,026 New

ARI Hedge Fund Activity: Q1 2024 in Review

239 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in Apollo Commercial Real Estate (ARI) for Q1 2024, worth a combined $855M — down 8.7% from $937M a quarter earlier.

Buyers outnumbered sellers: 32 funds opened new ARI positions and 23 closed out — a net gain of 9 holders — while 70 added to existing stakes and 83 trimmed.

The largest buyer was Great Lakes Advisors, opening a new position worth an estimated $4.36M. The largest seller was Morgan Stanley, cutting an estimated $28.3M.

  • 239 institutional investors held Apollo Commercial Real Estate (ARI) as of Q1 2024, up from 233 in Q4 2023.
  • Funds reported $855M of Apollo Commercial Real Estate stock for Q1 2024, down 8.7% quarter-over-quarter.
  • 32 funds opened new Apollo Commercial Real Estate positions in Q1 2024 and 23 closed out, a net change of +9 holders.
  • The largest Apollo Commercial Real Estate buyer in Q1 2024 was Great Lakes Advisors, an estimated $4.36M added.
  • The largest Apollo Commercial Real Estate seller in Q1 2024 was Morgan Stanley, an estimated $28.3M sold.

Based on aggregated 13F filings for Q1 2024.