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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
Avantax Advisory Services, Inc.15,000$143.6K0.00%00.0%Unchanged
Evergreen Capital Management LLC15,593$153.1K0.01%+1,155+8.0%Added
Bridgefront Capital, LLC16,086$153.9K0.04%+16,086New
Motiv8 Investments LLC16,152$154.6K0.10%+1,086+7.2%Added
Cypress Capital Management LLC (WY)16,333$156.3K0.19%−400−2.4%Reduced
Chiron Capital Management, LLC16,920$161.9K0.15%00.0%Unchanged
Envestnet Asset Management Inc17,746$169.8K0.00%−1,137−6.0%Reduced
Mutual of America Capital Management LLC18,605$178.1K0.00%−652−3.4%Reduced
Teacher Retirement System of Texas19,192$183.7K0.00%+19,192New
HSBC Holdings PLC19,631$187.2K0.00%+440+2.3%Added
AQR Capital Management LLC21,016$201.1K0.00%+6,358+43.4%Added
D. E. Shaw & Co., Inc.21,762$208.3K0.00%+9,921+83.8%Added
Public Employees Retirement Association of Colorado23,479$225.0K0.00%00.0%Unchanged
Mariner, LLC24,073$230.4K0.00%+4,155+20.9%Added
KLP Kapitalforvaltning AS24,900$243.6K0.00%00.0%Unchanged
Zurcher Kantonalbank (Zurich Cantonalbank)26,083$249.6K0.00%−12,435−32.3%Reduced
State of Wyoming26,215$250.9K0.03%+26,215New
Private Advisor Group, LLC26,453$253.2K0.00%+1,078+4.2%Added
STRS Ohio26,700$255.5K0.00%00.0%Unchanged
Atria Wealth Solutions, Inc.27,413$262.3K0.00%−46,579−63.0%Reduced
Independent Financial Group, LLC27,750$265.6K0.01%−803−2.8%Reduced
SG Americas Securities, LLC28,061$269.0K0.00%+17,356+162.1%Added
H&H Retirement Design & Management INC33,233$271.5K0.18%−411−1.2%Reduced
Oregon Public Employees Retirement Fund29,315$280.5K0.01%−600−2.0%Reduced
Gsa Capital Partners LLP30,494$292.0K0.03%+30,494New
Commonwealth of Pennsylvania Public School Empls Retrmt Sys30,574$292.6K0.00%+3,436+12.7%Added
CIBC World Markets Corp30,746$294.2K0.00%+17,779+137.1%Added
The PNC Financial Services Group, Inc.30,764$294.4K0.00%+5,018+19.5%Added
Police & Firemen's Retirement System of New Jersey31,743$303.8K0.00%00.0%Unchanged
ProShare Advisors LLC32,423$310.3K0.00%−9,109−21.9%Reduced
Capula Management Ltd32,725$313.2K0.00%+32,725New
PEAK6 LLC35,861$343.2K0.01%+35,861New
CWM Advisors, LLC35,879$343.4K0.04%−10,264−22.2%Reduced
Cubist Systematic Strategies, LLC36,068$345.2K0.00%+36,068New
Amalgamated Bank37,075$355.0K0.00%−876−2.3%Reduced
Maryland State Retirement & Pension System37,283$356.8K0.01%−5,698−13.3%Reduced
Commonwealth Equity Services, LLC37,601$360.0K0.00%+4,090+12.2%Added
Arizona State Retirement System37,653$360.3K0.00%−491−1.3%Reduced
Fox Run Management, L.L.C.38,037$364.0K0.06%+38,037New
Centiva Capital, LP38,675$370.1K0.02%+38,675New
New York State Common Retirement Fund39,132$374.5K0.00%00.0%Unchanged
Cambridge Investment Research Advisors, Inc.39,827$381.0K0.00%−814−2.0%Reduced
Voya Investment Management LLC39,984$382.6K0.00%−4,939−11.0%Reduced
MAS Advisors LLC40,061$383.4K0.59%+545+1.4%Added
Guggenheim Capital LLC40,860$391.0K0.00%−1,682−4.0%Reduced
Teachers Retirement System of the State of Kentucky41,878$401.0K0.00%00.0%Unchanged
Two Sigma Advisers, LP42,200$403.9K0.00%+42,200New
Handelsbanken Fonder AB42,302$405.0K0.00%00.0%Unchanged
Mercer Global Advisors Inc42,814$409.7K0.00%−1,849−4.1%Reduced
SEI Investments Co42,850$410.1K0.00%+12,052+39.1%Added
Wealth Enhancement Advisory Services, LLC43,815$419.3K0.00%+4,023+10.1%Added
Yousif Capital Management, LLC47,451$454.1K0.01%−821−1.7%Reduced
Stifel Financial Corp49,603$474.7K0.00%+580+1.2%Added
PFG Investments, LLC50,764$485.8K0.03%+1,235+2.5%Added
XTX Topco Ltd53,688$513.8K0.03%−7,993−13.0%Reduced
Nisa Investment Advisors, LLC52,459$516.1K0.00%−1,781−3.3%Reduced
Cetera Investment Advisers53,935$516.2K0.00%−2,282−4.1%Reduced
Caption Management, LLC54,183$518.5K0.02%+54,183New
State of Tennessee, Treasury Department56,848$544.0K0.00%00.0%Unchanged
State Board of Administration of Florida Retirement System57,264$548.0K0.00%00.0%Unchanged
Novare Capital Management LLC58,100$556.0K0.05%+8,300+16.7%Added
Wolverine Trading, LLC57,894$559.3K0.02%+57,894New
Janus Henderson Group PLC59,476$574.8K0.00%00.0%Unchanged
Louisiana State Employees Retirement System60,200$576.1K0.01%−1,300−2.1%Reduced
Advisor Group Holdings, Inc.62,759$600.6K0.00%−24,231−27.9%Reduced
Illinois Municipal Retirement Fund65,200$624.0K0.01%−3,313−4.8%Reduced
Triumph Capital Management66,067$632.3K0.21%−1,767−2.6%Reduced
QRG Capital Management, Inc.67,816$649.0K0.01%+6,787+11.1%Added
Manufacturers Life Insurance Company, The68,426$654.8K0.00%+1,317+2.0%Added
State of Alaska, Department of Revenue70,792$677.0K0.01%−1,409−2.0%Reduced
Bank of Montreal70,909$678.6K0.00%+6,593+10.3%Added
Royal Bank of Canada71,541$685.0K0.00%−14,401−16.8%Reduced
Bramshill Investments, LLC71,873$687.8K0.07%+77+0.1%Added
Corebridge Financial, Inc.72,007$689.1K0.00%−1,365−1.9%Reduced
Samalin Investment Counsel, LLC76,485$732.0K0.30%+16,394+27.3%Added
Lido Advisors, LLC76,186$748.1K0.00%+371+0.5%Added
MetLife Investment Management78,502$751.3K0.00%−5,614−6.7%Reduced
Raymond James Financial Inc85,328$816.6K0.00%+18,582+27.8%Added
Ensign Peak Advisors, Inc86,715$829.9K0.00%00.0%Unchanged
Kestra Advisory Services, LLC89,450$856.0K0.00%+1,498+1.7%Added
Baker Avenue Asset Management, LP90,577$866.8K0.03%+969+1.1%Added
Millennium Management LLC91,473$875.4K0.00%−141,154−60.7%Reduced
Y-Intercept (Hong Kong) Ltd93,212$892.0K0.06%+93,212New
Thrivent Financial for Lutherans94,288$902.0K0.00%−4,415−4.5%Reduced
Price T Rowe Associates Inc94,827$908.0K0.00%+5,455+6.1%Added
Victory Capital Management Inc99,535$952.5K0.00%−153,074−60.6%Reduced
First Trust Advisors LP101,694$973.2K0.00%−87,474−46.2%Reduced
American Financial Group Inc105,154$1.01M0.43%00.0%Unchanged
Deutsche Bank AG106,448$1.02M0.00%−12,208−10.3%Reduced
Arrowstreet Capital, Limited Partnership106,643$1.02M0.00%+106,643New
Intech Investment Management LLC108,263$1.04M0.01%+12,288+12.8%Added
Great West Life Assurance Co110,224$1.05M0.00%−53,023−32.5%Reduced
Am Investment Strategies LLC114,667$1.10M0.27%+3,169+2.8%Added
AlphaCore Capital LLC112,079$1.10M0.09%+70,960+172.6%Added
Merit Financial Group, LLC117,847$1.13M0.02%+3,208+2.8%Added
Penserra Capital Management LLC121,682$1.16M0.02%+21,156+21.0%Added
Prudential Financial Inc128,305$1.16M0.00%−3,770−2.9%Reduced
California State Teachers Retirement System123,570$1.18M0.00%00.0%Unchanged
Caxton Associates LLP123,579$1.18M0.04%+123,579New
Palogic Value Management, L.P.127,835$1.22M0.54%+7,701+6.4%Added