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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, Q1 2025

Institutional positions in Apollo Commercial Real Estate Finance, Inc. as of Mar 31, 2025. 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
249
+13 vs. Q4 2024
Shares held
79.9M
+2.75M (+3.6%) vs. Q4 2024
Total value
$766.2M
+$96.3M (+14.4%) vs. Q4 2024
New holders
36
83 more added
Sold out
23
81 more reduced

3 institutions that held it in Q4 2024 haven't filed for Q1 2025 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.

Compare with Q4 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 holdersQ1 2025: 249 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 heldQ1 2025: $766.2M
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, Q1 2025

Shares, value and share of portfolio for each institution holding Apollo Commercial Real Estate Finance, Inc.; share changes are against Q4 2024.

Institutions holding ARI in Q1 2025
InstitutionSharesValue% of portfolioChange in sharesAction
BlackRock, Inc.21,947,324$210.0M0.00%−555,499−2.5%Reduced
Vanguard Group Inc15,239,126$145.8M0.00%+2,5250.0%Added
State Street Corp5,185,754$50.9M0.00%−194,206−3.6%Reduced
Geode Capital Management, LLC3,182,468$30.5M0.00%+87,145+2.8%Added
Nomura Holdings Inc2,794,924$26.7M0.14%−863,698−23.6%Reduced
Charles Schwab Investment Management Inc2,326,569$22.3M0.00%+63,191+2.8%Added
Mirae Asset Global ETFs Holdings Ltd.1,855,116$17.8M0.04%+877,675+89.8%Added
Morgan Stanley1,835,349$17.6M0.00%−85,253−4.4%Reduced
Northern Trust Corp1,690,971$16.2M0.00%−54,498−3.1%Reduced
Balyasny Asset Management LLC1,306,175$12.5M0.03%+1,306,175New
Bank of New York Mellon Corp1,036,715$9.92M0.00%+13,774+1.3%Added
Van Eck Associates Corp997,188$9.54M0.01%−66,323−6.2%Reduced
Invesco Ltd.858,695$8.22M0.00%−67,191−7.3%Reduced
Cura Wealth Advisors, LLC847,300$8.11M3.28%+158,200+23.0%Added
Citadel Advisors LLC825,562$7.90M0.01%+106,952+14.9%Added
Nuveen, LLC816,359$7.81M0.00%+816,359New
Hotchkis & Wiley Capital Management LLC780,500$7.47M0.02%−10,960−1.4%Reduced
Apollo Management Holdings, L.P.665,573$6.37M0.14%00.0%Unchanged
Principal Financial Group Inc636,985$6.10M0.00%+19,871+3.2%Added
Advisors Asset Management, Inc.514,598$4.92M0.09%−37,988−6.9%Reduced
Jane Street Group, LLC480,597$4.60M0.01%+465,011+2,983.5%Added
Marshall Wace, LLP448,250$4.29M0.01%+337,816+305.9%Added
Goldman Sachs Group Inc433,410$4.15M0.00%−172,773−28.5%Reduced
Ameriprise Financial Inc415,637$3.99M0.00%−14,101−3.3%Reduced
UBS Group AG410,543$3.93M0.00%−166,202−28.8%Reduced
Public Sector Pension Investment Board405,208$3.88M0.02%+88,532+28.0%Added
Rhumbline Advisers399,412$3.82M0.00%−27,461−6.4%Reduced
JPMorgan Chase & Co388,443$3.72M0.00%−92,409−19.2%Reduced
Bank of America Corp383,411$3.67M0.00%+168,512+78.4%Added
Legal & General Group Plc355,377$3.40M0.00%−7,498−2.1%Reduced
Renaissance Technologies LLC326,340$3.12M0.00%+326,340New
Barclays PLC321,030$3.07M0.00%−98,578−23.5%Reduced
Norges Bank314,288$3.01M0.00%−73,699−19.0%Reduced
LPL Financial LLC283,192$2.71M0.00%+4,604+1.7%Added
BI Asset Management Fondsmaeglerselskab A/S279,761$2.68M0.03%+7,176+2.6%Added
New Age Alpha Advisors, LLC276,837$2.65M0.12%+93,654+51.1%Added
Swiss National Bank254,339$2.43M0.00%−4,200−1.6%Reduced
Prelude Capital Management, LLC250,000$2.39M0.24%00.0%Unchanged
UBS Asset Management Americas Inc212,687$2.04M0.00%−236,989−52.7%Reduced
Susquehanna International Group, LLP202,446$1.94M0.00%+93,294+85.5%Added
Simplex Trading, LLC196,997$1.89M0.07%+168,776+598.1%Added
LSV Asset Management193,482$1.85M0.00%−4,800−2.4%Reduced
Citigroup Inc193,104$1.85M0.00%+7,287+3.9%Added
AXS Investments LLC189,555$1.81M0.50%−10,402−5.2%Reduced
Wells Fargo & Company186,213$1.78M0.00%−9,341−4.8%Reduced
New York State Teachers Retirement System185,197$1.77M0.00%−400−0.2%Reduced
Wolverine Asset Management LLC178,634$1.71M0.03%00.0%Unchanged
Alliancebernstein L.P.173,917$1.66M0.00%00.0%Unchanged
Schonfeld Strategic Advisors LLC154,840$1.48M0.01%+154,840New
Palogic Value Management, L.P.127,835$1.22M0.54%+7,701+6.4%Added
Caxton Associates LLP123,579$1.18M0.04%+123,579New
California State Teachers Retirement System123,570$1.18M0.00%00.0%Unchanged
Prudential Financial Inc128,305$1.16M0.00%−3,770−2.9%Reduced
Penserra Capital Management LLC121,682$1.16M0.02%+21,156+21.0%Added
Merit Financial Group, LLC117,847$1.13M0.02%+3,208+2.8%Added
AlphaCore Capital LLC112,079$1.10M0.09%+70,960+172.6%Added
Am Investment Strategies LLC114,667$1.10M0.27%+3,169+2.8%Added
Great West Life Assurance Co110,224$1.05M0.00%−53,023−32.5%Reduced
Intech Investment Management LLC108,263$1.04M0.01%+12,288+12.8%Added
Arrowstreet Capital, Limited Partnership106,643$1.02M0.00%+106,643New
Deutsche Bank AG106,448$1.02M0.00%−12,208−10.3%Reduced
American Financial Group Inc105,154$1.01M0.43%00.0%Unchanged
First Trust Advisors LP101,694$973.2K0.00%−87,474−46.2%Reduced
Victory Capital Management Inc99,535$952.5K0.00%−153,074−60.6%Reduced
Price T Rowe Associates Inc94,827$908.0K0.00%+5,455+6.1%Added
Thrivent Financial for Lutherans94,288$902.0K0.00%−4,415−4.5%Reduced
Y-Intercept (Hong Kong) Ltd93,212$892.0K0.06%+93,212New
Millennium Management LLC91,473$875.4K0.00%−141,154−60.7%Reduced
Baker Avenue Asset Management, LP90,577$866.8K0.03%+969+1.1%Added
Kestra Advisory Services, LLC89,450$856.0K0.00%+1,498+1.7%Added
Ensign Peak Advisors, Inc86,715$829.9K0.00%00.0%Unchanged
Raymond James Financial Inc85,328$816.6K0.00%+18,582+27.8%Added
MetLife Investment Management78,502$751.3K0.00%−5,614−6.7%Reduced
Lido Advisors, LLC76,186$748.1K0.00%+371+0.5%Added
Samalin Investment Counsel, LLC76,485$732.0K0.30%+16,394+27.3%Added
Corebridge Financial, Inc.72,007$689.1K0.00%−1,365−1.9%Reduced
Bramshill Investments, LLC71,873$687.8K0.07%+77+0.1%Added
Royal Bank of Canada71,541$685.0K0.00%−14,401−16.8%Reduced
Bank of Montreal70,909$678.6K0.00%+6,593+10.3%Added
State of Alaska, Department of Revenue70,792$677.0K0.01%−1,409−2.0%Reduced
Manufacturers Life Insurance Company, The68,426$654.8K0.00%+1,317+2.0%Added
QRG Capital Management, Inc.67,816$649.0K0.01%+6,787+11.1%Added
Triumph Capital Management66,067$632.3K0.21%−1,767−2.6%Reduced
Illinois Municipal Retirement Fund65,200$624.0K0.01%−3,313−4.8%Reduced
Advisor Group Holdings, Inc.62,759$600.6K0.00%−24,231−27.9%Reduced
Louisiana State Employees Retirement System60,200$576.1K0.01%−1,300−2.1%Reduced
Janus Henderson Group PLC59,476$574.8K0.00%00.0%Unchanged
Wolverine Trading, LLC57,894$559.3K0.02%+57,894New
Novare Capital Management LLC58,100$556.0K0.05%+8,300+16.7%Added
State Board of Administration of Florida Retirement System57,264$548.0K0.00%00.0%Unchanged
State of Tennessee, Treasury Department56,848$544.0K0.00%00.0%Unchanged
Caption Management, LLC54,183$518.5K0.02%+54,183New
Cetera Investment Advisers53,935$516.2K0.00%−2,282−4.1%Reduced
Nisa Investment Advisors, LLC52,459$516.1K0.00%−1,781−3.3%Reduced
XTX Topco Ltd53,688$513.8K0.03%−7,993−13.0%Reduced
PFG Investments, LLC50,764$485.8K0.03%+1,235+2.5%Added
Stifel Financial Corp49,603$474.7K0.00%+580+1.2%Added
Yousif Capital Management, LLC47,451$454.1K0.01%−821−1.7%Reduced
Wealth Enhancement Advisory Services, LLC43,815$419.3K0.00%+4,023+10.1%Added
SEI Investments Co42,850$410.1K0.00%+12,052+39.1%Added