Apollo Commercial Real Estate
ARI
271 hedge funds and large institutions have $908M invested in Apollo Commercial Real Estate in 2026 Q1 according to their latest regulatory filings, with 49 funds opening new positions, 82 increasing their positions, 89 reducing their positions, and 32 closing their positions.
53% more first-time investments, than exits
New positions opened: 49 | Existing positions closed: 32
14% more capital invested
Capital invested by funds: $797M → $908M (+$111M)
4% more funds holding
Funds holding: 261 → 271 (+10)
2.38% more ownership
Funds ownership: 59.14% → 61.51% (+2.4%)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
8% less repeat investments, than reductions
Existing positions increased: 82 | Existing positions reduced: 89
55% less call options, than puts
Call options by funds: $12.1M | Put options by funds: $26.9M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Invesco
Atlanta,
Georgia
|
+$9.64M |
| 2 |
ECP
Empyrean Capital Partners
Los Angeles,
California
|
+$9.2M |
| 3 |
Millennium Management
New York
|
+$8.15M |
| 4 |
ACL
Azora Capital LP
Miami,
Florida
|
+$7.37M |
| 5 |
Mirae Asset Global ETFs Holdings
Causeway Bay,
Hong Kong
|
+$5.57M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Tudor Investment Corp
Stamford,
Connecticut
|
-$5.66M |
| 2 |
WAM
Waterfall Asset Management
New York
|
-$5.56M |
| 3 |
CWA
Cura Wealth Advisors
Chicago,
Illinois
|
-$4.02M |
| 4 |
Qube Research & Technologies (QRT)
London,
United Kingdom
|
-$3.9M |
| 5 |
Goldman Sachs
New York
|
-$3.1M |
ARI Hedge Fund Activity: Q1 2026 in Review
271 of the 8,187 institutional investors tracked by Wall St. Rank reported a position in Apollo Commercial Real Estate (ARI) for Q1 2026, worth a combined $908M — up 14% from $797M a quarter earlier.
Buyers outnumbered sellers: 49 funds opened new ARI positions and 32 closed out — a net gain of 17 holders — while 82 added to existing stakes and 89 trimmed.
The largest buyer was Invesco, adding an estimated $9.64M. The largest seller was Tudor Investment Corp, exiting entirely with an estimated $5.66M sold.
- 271 institutional investors held Apollo Commercial Real Estate (ARI) as of Q1 2026, up from 261 in Q4 2025.
- Funds reported $908M of Apollo Commercial Real Estate stock for Q1 2026, up 14% quarter-over-quarter.
- 49 funds opened new Apollo Commercial Real Estate positions in Q1 2026 and 32 closed out, a net change of +17 holders.
- The largest Apollo Commercial Real Estate buyer in Q1 2026 was Invesco, an estimated $9.64M added.
- The largest Apollo Commercial Real Estate seller in Q1 2026 was Tudor Investment Corp, an estimated $5.66M sold.
Based on aggregated 13F filings for Q1 2026.