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Apollo Commercial Real Estate Finance, Inc.

ARI
Exchange
NYSE
Industry
Real Estate Investment Trusts
SEC CIK
0001467760

In the last 90 days, Apollo Commercial Real Estate Finance, Inc. insiders filed 0 open-market purchases and 1 sale; 285 institutions reported holding it in 13F filings for Q2 2026, worth $865.9M in total; no superinvestor holds it.

13F holders, Q4 2023

Institutional positions in Apollo Commercial Real Estate Finance, Inc. as of Dec 31, 2023. Investment managers with $100 million or more in US stocks report their long positions on Form 13F within 45 days after each quarter ends. How 13F works

Institutional holders
233
+9 vs. Q3 2023
Shares held
77.3M
+1.56M (+2.1%) vs. Q3 2023
Total value
$909.5M
+$140.2M (+18.2%) vs. Q3 2023
New holders
25
77 more added
Sold out
16
80 more reduced

4 institutions that held it in Q3 2023 haven't filed for Q4 2023 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.

Compare with Q3 2023: new holders, sold out and not filed yet

Holders and value by quarter

Institutions reporting ARI on Form 13F each quarter since Q1 2021, and the total value they reported. Values are as of each quarter end, so they also move with the share price.

Institutional holdersQ4 2023: 233 institutions
Q1 2021: 225 institutionsQ2 2021: 218 institutionsQ3 2021: 209 institutionsQ4 2021: 228 institutionsQ1 2022: 231 institutionsQ2 2022: 232 institutionsQ3 2022: 228 institutionsQ4 2022: 251 institutionsQ1 2023: 248 institutionsQ2 2023: 240 institutionsQ3 2023: 228 institutionsQ4 2023: 233 institutionsQ1 2024: 237 institutionsQ2 2024: 231 institutionsQ3 2024: 240 institutionsQ4 2024: 239 institutionsQ1 2025: 249 institutionsQ2 2025: 253 institutionsQ3 2025: 262 institutionsQ4 2025: 262 institutionsQ1 2026: 271 institutionsQ2 2026: 285 institutions
Value heldQ4 2023: $909.5M
Q1 2021: $1.21BQ2 2021: $1.34BQ3 2021: $1.23BQ4 2021: $1.07BQ1 2022: $1.13BQ2 2022: $821.4MQ3 2022: $651.3MQ4 2022: $846.0MQ1 2023: $747.5MQ2 2023: $875.2MQ3 2023: $771.0MQ4 2023: $909.5MQ1 2024: $853.9MQ2 2024: $755.5MQ3 2024: $700.0MQ4 2024: $675.8MQ1 2025: $766.2MQ2 2025: $766.9MQ3 2025: $809.8MQ4 2025: $797.4MQ1 2026: $908.0MQ2 2026: $865.9M
Institutions holding ARI and their total value by quarter
QuarterHoldersValue
Q2 2026285$865.9M
Q1 2026271$908.0M
Q4 2025262$797.4M
Q3 2025262$809.8M
Q2 2025253$766.9M
Q1 2025249$766.2M
Q4 2024239$675.8M
Q3 2024240$700.0M
Q2 2024231$755.5M
Q1 2024237$853.9M
Q4 2023233$909.5M
Q3 2023228$771.0M
Q2 2023240$875.2M
Q1 2023248$747.5M
Q4 2022251$846.0M
Q3 2022228$651.3M
Q2 2022232$821.4M
Q1 2022231$1.13B
Q4 2021228$1.07B
Q3 2021209$1.23B
Q2 2021218$1.34B
Q1 2021225$1.21B

Institutions, Q4 2023

Shares, value and share of portfolio for each institution holding Apollo Commercial Real Estate Finance, Inc.; share changes are against Q3 2023.

Institutions holding ARI in Q4 2023
InstitutionSharesValue% of portfolioChange in sharesAction
BlackRock Inc.23,109,513$271.3M0.01%+716,717+3.2%Added
Vanguard Group Inc15,506,555$182.0M0.00%−158,528−1.0%Reduced
State Street Corp5,111,590$61.8M0.00%−7,261−0.1%Reduced
Geode Capital Management, LLC2,964,439$34.8M0.00%+163,501+5.8%Added
Morgan Stanley2,361,221$27.7M0.00%+206,054+9.6%Added
Allspring Global Investments Holdings, LLC2,155,115$25.3M0.04%−319,058−12.9%Reduced
Charles Schwab Investment Management Inc1,961,777$23.0M0.01%+120,055+6.5%Added
Invesco Ltd.1,712,238$20.1M0.00%+696,686+68.6%Added
Northern Trust Corp1,593,627$18.7M0.00%+7,010+0.4%Added
Bank of New York Mellon Corp1,092,362$12.8M0.00%−19,453−1.7%Reduced
Norges Bank1,022,673$12.0M0.00%−103,674−9.2%Reduced
Nuveen Asset Management, LLC807,797$9.48M0.00%+64,961+8.7%Added
Van Eck Associates Corp762,079$8.95M0.02%+11,102+1.5%Added
Mirae Asset Global Investments Co., Ltd.710,928$8.35M0.02%−59,446−7.7%Reduced
Principal Financial Group Inc679,387$7.98M0.01%−24,294−3.5%Reduced
Apollo Management Holdings, L.P.665,573$7.81M0.09%00.0%Unchanged
Ameriprise Financial Inc642,599$7.56M0.00%−31,200−4.6%Reduced
Arete Wealth Advisors, LLC628,800$7.38M0.56%+6,300+1.0%Added
LSV Asset Management570,978$6.70M0.01%−53,100−8.5%Reduced
Bank of America Corp562,305$6.60M0.00%+60,113+12.0%Added
JPMorgan Chase & Co545,525$6.40M0.00%+139,943+34.5%Added
Hotchkis & Wiley Capital Management LLC517,080$6.07M0.02%+17,500+3.5%Added
Rhumbline Advisers438,567$5.15M0.01%−7,368−1.7%Reduced
Citadel Advisors LLC406,214$4.77M0.00%+30,276+8.1%Added
UBS Group AG384,137$4.51M0.00%+64,812+20.3%Added
Legal & General Group Plc365,360$4.29M0.00%−2,156−0.6%Reduced
Prudential Financial Inc353,775$4.15M0.01%−24,747−6.5%Reduced
Envestnet Asset Management Inc350,571$4.12M0.00%+52,305+17.5%Added
Cetera Investment Advisers295,513$3.47M0.03%+40,801+16.0%Added
Barclays PLC290,474$3.41M0.00%+154,284+113.3%Added
Goldman Sachs Group Inc284,330$3.34M0.00%−11,379−3.8%Reduced
LPL Financial LLC277,857$3.26M0.00%+1,429+0.5%Added
Public Sector Pension Investment Board269,874$3.17M0.02%+109,141+67.9%Added
First Trust Advisors LP269,132$3.16M0.00%−76,365−22.1%Reduced
Swiss National Bank264,639$3.11M0.00%−30,500−10.3%Reduced
Credit Suisse AG258,247$3.03M0.00%+21,428+9.0%Added
AXS Investments LLC227,443$2.67M0.64%−7,076−3.0%Reduced
New York State Teachers Retirement System218,994$2.57M0.01%00.0%Unchanged
Alliancebernstein L.P.200,125$2.35M0.00%−4,722−2.3%Reduced
Advisors Asset Management, Inc.195,157$2.29M0.05%−29,899−13.3%Reduced
UBS Asset Management Americas Inc159,248$1.87M0.00%+8,021+5.3%Added
Baker Avenue Asset Management, LP155,146$1.82M0.08%+88,821+133.9%Added
Wells Fargo & Company153,609$1.80M0.00%+5,454+3.7%Added
BI Asset Management Fondsmaeglerselskab A/S151,323$1.78M0.04%00.0%Unchanged
Merit Financial Group, LLC146,952$1.73M0.05%−49,164−25.1%Reduced
California State Teachers Retirement System142,975$1.68M0.00%−7,017−4.7%Reduced
Advisor Group Holdings, Inc.128,234$1.51M0.00%−95,935−42.8%Reduced
Lido Advisors, LLC121,855$1.47M0.01%+121,855New
Victory Capital Management Inc122,726$1.44M0.00%−4,300−3.4%Reduced
Thrivent Financial for Lutherans117,085$1.38M0.00%−3,080−2.6%Reduced
Texas Permanent School Fund112,296$1.32M0.01%+2,293+2.1%Added
Royal Bank of Canada112,094$1.32M0.00%+8,504+8.2%Added
American Financial Group Inc105,154$1.23M0.45%00.0%Unchanged
Great West Life Assurance Co103,584$1.21M0.00%−6,209−5.7%Reduced
Price T Rowe Associates Inc97,922$1.15M0.00%+6,198+6.8%Added
Palogic Value Management, L.P.92,741$1.09M0.48%+2,569+2.8%Added
Ensign Peak Advisors, Inc91,090$1.07M0.00%+3,350+3.8%Added
FMR LLC90,148$1.06M0.00%−7,411−7.6%Reduced
Cetera Advisor Networks LLC89,166$1.05M0.01%+27,696+45.1%Added
Millennium Management LLC87,445$1.03M0.00%+28,615+48.6%Added
Bramshill Investments, LLC86,857$1.02M0.10%+82,686+1,982.4%Added
Citigroup Inc86,013$1.01M0.00%+28,806+50.4%Added
State of Alaska, Department of Revenue80,007$939.0K0.01%−961−1.2%Reduced
Macquarie Group Ltd77,600$911.0K0.00%00.0%Unchanged
Illinois Municipal Retirement Fund76,754$901.0K0.02%−1,557−2.0%Reduced
American International Group, Inc.76,728$900.8K0.00%−617−0.8%Reduced
Independent Financial Group, LLC74,220$871.3K0.05%+495+0.7%Added
State of Tennessee, Treasury Department73,338$861.0K0.00%−1,802−2.4%Reduced
MetLife Investment Management73,241$859.8K0.01%00.0%Unchanged
QRG Capital Management, Inc.71,483$839.2K0.01%−4,003−5.3%Reduced
Jane Street Group, LLC69,095$811.2K0.00%+54,014+358.2%Added
Samalin Investment Counsel, LLC68,129$799.8K0.40%+11,373+20.0%Added
Manufacturers Life Insurance Company, The67,721$795.0K0.00%−964−1.4%Reduced
Wealth Enhancement Advisory Services, LLC66,874$785.1K0.00%−4,156−5.9%Reduced
Deutsche Bank AG66,595$781.8K0.00%+125+0.2%Added
Louisiana State Employees Retirement System65,100$764.3K0.02%−1,100−1.7%Reduced
Yousif Capital Management, LLC64,417$756.3K0.01%−100−0.2%Reduced
Commonwealth Equity Services, LLC62,860$738.0K0.00%+2,708+4.5%Added
SEI Investments Co60,920$715.2K0.00%−2,536−4.0%Reduced
Janus Henderson Group PLC60,196$706.1K0.00%−110−0.2%Reduced
Voya Investment Management LLC58,068$681.7K0.00%−73,405−55.8%Reduced
New York State Common Retirement Fund57,534$675.4K0.00%+7,541+15.1%Added
State Board of Administration of Florida Retirement System57,264$672.3K0.00%00.0%Unchanged
Cambridge Investment Research Advisors, Inc.56,400$662.0K0.00%+2,077+3.8%Added
Nisa Investment Advisors, LLC55,372$650.1K0.00%−29,688−34.9%Reduced
Penserra Capital Management LLC54,553$640.0K0.01%+7,907+17.0%Added
Guggenheim Capital LLC53,101$623.4K0.00%−4,898−8.4%Reduced
AQR Capital Management LLC52,328$614.3K0.00%+2,057+4.1%Added
Susquehanna International Group, LLP51,774$607.8K0.00%+16,342+46.1%Added
All Season Financial Advisors, Inc.50,914$597.7K0.51%+50,914New
Raymond James & Associates48,966$574.9K0.00%−425−0.9%Reduced
Stifel Financial Corp48,564$570.1K0.00%+5,929+13.9%Added
Amalgamated Bank48,514$570.0K0.00%−3,157−6.1%Reduced
Mariner, LLC47,658$559.5K0.00%+4,273+9.8%Added
Mercer Global Advisors Inc47,542$558.0K0.00%−7,922−14.3%Reduced
Maryland State Retirement & Pension System47,266$554.9K0.01%−634−1.3%Reduced
Bank of Montreal43,698$539.2K0.00%+25,049+134.3%Added
Teachers Retirement System of the State of Kentucky41,878$492.0K0.00%00.0%Unchanged
Tower Research Capital LLC (TRC)40,785$478.8K0.01%+38,883+2,044.3%Added
BNP Paribas Arbitrage, SA40,270$472.8K0.00%−18,831−31.9%Reduced