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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 2024

Institutional positions in Apollo Commercial Real Estate Finance, Inc. as of Dec 31, 2024. 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
239
+3 vs. Q3 2024
Shares held
77.9M
+1.92M (+2.5%) vs. Q3 2024
Total value
$675.8M
−$22.9M (−3.3%) vs. Q3 2024
New holders
37
77 more added
Sold out
34
83 more reduced

4 institutions that held it in Q3 2024 haven't filed for Q4 2024 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.

Compare with Q3 2024: 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 2024: 239 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 2024: $675.8M
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 2024

Shares, value and share of portfolio for each institution holding Apollo Commercial Real Estate Finance, Inc.; share changes are against Q3 2024.

Institutions holding ARI in Q4 2024
InstitutionSharesValue% of portfolioChange in sharesAction
BlackRock, Inc.22,502,823$194.9M0.00%−168,052−0.7%Reduced
Vanguard Group Inc15,236,601$131.9M0.00%+135,785+0.9%Added
State Street Corp5,379,960$47.9M0.00%+241,122+4.7%Added
Nomura Holdings Inc3,658,622$31.7M0.17%+3,658,622New
Geode Capital Management, LLC3,095,323$26.8M0.00%−83,352−2.6%Reduced
Charles Schwab Investment Management Inc2,263,378$19.6M0.00%+162,089+7.7%Added
Morgan Stanley1,920,602$16.6M0.00%−97,378−4.8%Reduced
Northern Trust Corp1,745,469$15.1M0.00%+226,399+14.9%Added
Van Eck Associates Corp1,063,511$9.21M0.01%+115,109+12.1%Added
Bank of New York Mellon Corp1,022,941$8.86M0.00%+56,284+5.8%Added
Mirae Asset Global ETFs Holdings Ltd.977,441$8.46M0.02%−656,296−40.2%Reduced
Invesco Ltd.925,886$8.02M0.00%−878,285−48.7%Reduced
Hotchkis & Wiley Capital Management LLC791,460$6.85M0.02%+213,250+36.9%Added
Citadel Advisors LLC718,610$6.22M0.01%+184,033+34.4%Added
Cura Wealth Advisors, LLC689,100$5.97M2.64%+689,100New
Nuveen Asset Management, LLC666,730$5.77M0.00%+139,643+26.5%Added
Apollo Management Holdings, L.P.665,573$5.76M0.12%00.0%Unchanged
Principal Financial Group Inc617,114$5.34M0.00%+16,040+2.7%Added
Goldman Sachs Group Inc606,183$5.25M0.00%+31,212+5.4%Added
UBS Group AG576,745$4.99M0.00%+192,020+49.9%Added
Advisors Asset Management, Inc.552,586$4.79M0.09%+84,251+18.0%Added
JPMorgan Chase & Co480,852$4.16M0.00%+271,908+130.1%Added
UBS Asset Management Americas Inc449,676$3.89M0.00%+68,976+18.1%Added
Ameriprise Financial Inc429,738$3.73M0.00%+14,682+3.5%Added
Rhumbline Advisers426,873$3.70M0.00%+16,908+4.1%Added
Barclays PLC419,608$3.63M0.00%+90,146+27.4%Added
Norges Bank387,987$3.36M0.00%−126,084−24.5%Reduced
Legal & General Group Plc362,875$3.14M0.00%−555−0.2%Reduced
Public Sector Pension Investment Board316,676$2.74M0.01%+46,584+17.2%Added
LPL Financial LLC278,588$2.41M0.00%+2,164+0.8%Added
BI Asset Management Fondsmaeglerselskab A/S272,585$2.36M0.02%+48,092+21.4%Added
Swiss National Bank258,539$2.24M0.00%−6,100−2.3%Reduced
Victory Capital Management Inc252,609$2.19M0.00%+44,492+21.4%Added
Prelude Capital Management, LLC250,000$2.17M0.18%+250,000New
Millennium Management LLC232,627$2.01M0.00%+168,948+265.3%Added
Bank of America Corp214,899$1.86M0.00%−123,070−36.4%Reduced
AXS Investments LLC199,957$1.73M0.48%+19,231+10.6%Added
LSV Asset Management198,282$1.72M0.00%−161,000−44.8%Reduced
Wells Fargo & Company195,554$1.69M0.00%+11,427+6.2%Added
First Trust Advisors LP189,168$1.64M0.00%+130,308+221.4%Added
Citigroup Inc185,817$1.61M0.00%+5,433+3.0%Added
New York State Teachers Retirement System185,597$1.61M0.00%00.0%Unchanged
New Age Alpha Advisors, LLC183,183$1.59M0.06%+183,183New
Wolverine Asset Management LLC178,634$1.55M0.03%+63,093+54.6%Added
Alliancebernstein L.P.173,917$1.51M0.00%+12,300+7.6%Added
Great West Life Assurance Co163,247$1.41M0.00%00.0%Unchanged
Prudential Financial Inc132,075$1.20M0.00%−177,319−57.3%Reduced
California State Teachers Retirement System123,570$1.07M0.00%−4,754−3.7%Reduced
Palogic Value Management, L.P.120,134$1.04M0.42%+19,513+19.4%Added
Deutsche Bank AG118,656$1.03M0.00%+40,088+51.0%Added
Merit Financial Group, LLC114,639$992.8K0.02%+10,447+10.0%Added
Am Investment Strategies LLC111,498$966.0K0.24%+3,081+2.8%Added
Marshall Wace, LLP110,434$956.4K0.00%+110,434New
Susquehanna International Group, LLP109,152$945.3K0.00%+10,704+10.9%Added
American Financial Group Inc105,154$910.6K0.41%00.0%Unchanged
Penserra Capital Management LLC100,526$870.0K0.02%+4,315+4.5%Added
Thrivent Financial for Lutherans98,703$855.0K0.00%−1,693−1.7%Reduced
Intech Investment Management LLC95,975$831.1K0.01%+55,393+136.5%Added
Baker Avenue Asset Management, LP89,608$776.0K0.02%−79,681−47.1%Reduced
Price T Rowe Associates Inc89,372$774.0K0.00%−4,502−4.8%Reduced
Kestra Advisory Services, LLC87,952$761.7K0.00%+69,951+388.6%Added
Advisor Group Holdings, Inc.86,990$753.4K0.00%+5,561+6.8%Added
Ensign Peak Advisors, Inc86,715$751.0K0.00%00.0%Unchanged
Royal Bank of Canada85,942$745.0K0.00%+11,392+15.3%Added
MetLife Investment Management84,116$728.4K0.00%+9,181+12.3%Added
Lido Advisors, LLC75,815$675.5K0.00%+100+0.1%Added
Atria Wealth Solutions, Inc.73,992$640.8K0.01%+46,458+168.7%Added
Corebridge Financial, Inc.73,372$635.4K0.00%−7,856−9.7%Reduced
State of Alaska, Department of Revenue72,201$625.0K0.01%−432−0.6%Reduced
Bramshill Investments, LLC71,796$621.8K0.10%−757−1.0%Reduced
Illinois Municipal Retirement Fund68,513$593.3K0.01%−2,612−3.7%Reduced
Triumph Capital Management67,834$587.4K0.20%+25,000+58.4%Added
Manufacturers Life Insurance Company, The67,109$581.2K0.00%−1,558−2.3%Reduced
Raymond James Financial Inc66,746$578.0K0.00%+66,746New
Alpine Global Management, LLC64,690$560.2K0.17%+64,690New
Bank of Montreal64,316$557.0K0.00%−3,684−5.4%Reduced
XTX Topco Ltd61,681$534.2K0.04%+61,681New
Louisiana State Employees Retirement System61,500$532.6K0.01%00.0%Unchanged
QRG Capital Management, Inc.61,029$528.5K0.01%−6,473−9.6%Reduced
Samalin Investment Counsel, LLC60,091$520.4K0.22%−16,531−21.6%Reduced
Janus Henderson Group PLC59,476$515.4K0.00%00.0%Unchanged
State Board of Administration of Florida Retirement System57,264$495.9K0.00%00.0%Unchanged
State of Tennessee, Treasury Department56,848$492.3K0.00%−3,349−5.6%Reduced
Cetera Investment Advisers56,217$486.8K0.00%−394,903−87.5%Reduced
Nisa Investment Advisors, LLC54,240$484.5K0.00%−1,282−2.3%Reduced
Novare Capital Management LLC49,800$431.3K0.04%−31,250−38.6%Reduced
PFG Investments, LLC49,529$428.9K0.03%+945+1.9%Added
Stifel Financial Corp49,023$424.5K0.00%+35,021+250.1%Added
Yousif Capital Management, LLC48,272$418.0K0.00%−1,711−3.4%Reduced
CWM Advisors, LLC46,143$399.6K0.04%+1,364+3.0%Added
Voya Investment Management LLC44,923$389.0K0.00%−3,464−7.2%Reduced
Mercer Global Advisors Inc44,663$386.8K0.00%+1,906+4.5%Added
Maryland State Retirement & Pension System42,981$372.2K0.01%00.0%Unchanged
Guggenheim Capital LLC42,542$368.4K0.00%+10,145+31.3%Added
AlphaCore Capital LLC41,119$366.4K0.08%+1,118+2.8%Added
Handelsbanken Fonder AB42,302$366.0K0.00%+6,000+16.5%Added
Teachers Retirement System of the State of Kentucky41,878$363.0K0.00%00.0%Unchanged
ProShare Advisors LLC41,532$359.7K0.00%+12,090+41.1%Added
Cambridge Investment Research Advisors, Inc.40,641$352.0K0.00%−4,236−9.4%Reduced
Wealth Enhancement Advisory Services, LLC39,792$344.6K0.00%−2,432−5.8%Reduced