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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, Q2 2025

Institutional positions in Apollo Commercial Real Estate Finance, Inc. as of Jun 30, 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
253
+5 vs. Q1 2025
Shares held
79.1M
−842.8K (−1.1%) vs. Q1 2025
Total value
$766.9M
+$711.1K (+0.1%) vs. Q1 2025
New holders
31
94 more added
Sold out
26
77 more reduced

1 institution that held it in Q1 2025 haven't filed for Q2 2025 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.

Compare with Q1 2025: 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 holdersQ2 2025: 253 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 heldQ2 2025: $766.9M
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, Q2 2025

Shares, value and share of portfolio for each institution holding Apollo Commercial Real Estate Finance, Inc.; share changes are against Q1 2025.

Institutions holding ARI in Q2 2025
InstitutionSharesValue% of portfolioChange in sharesAction
BlackRock, Inc.21,041,093$203.7M0.00%−906,231−4.1%Reduced
Vanguard Group Inc15,258,821$147.7M0.00%+19,695+0.1%Added
State Street Corp5,179,113$51.4M0.00%−6,641−0.1%Reduced
Geode Capital Management, LLC3,138,744$30.4M0.00%−43,724−1.4%Reduced
Charles Schwab Investment Management Inc2,259,604$21.9M0.00%−66,965−2.9%Reduced
No Street GP LP2,250,000$21.8M1.63%+2,250,000New
Mirae Asset Global ETFs Holdings Ltd.1,951,609$18.9M0.04%+96,493+5.2%Added
Northern Trust Corp1,730,217$16.7M0.00%+39,246+2.3%Added
Morgan Stanley1,709,772$16.6M0.00%−125,577−6.8%Reduced
Invesco Ltd.1,291,072$12.5M0.00%+432,377+50.4%Added
Bank of New York Mellon Corp1,030,136$9.97M0.00%−6,579−0.6%Reduced
Van Eck Associates Corp998,774$9.67M0.01%+1,586+0.2%Added
Citadel Advisors LLC989,505$9.58M0.01%+163,943+19.9%Added
Cura Wealth Advisors, LLC855,300$8.28M3.86%+8,000+0.9%Added
Hotchkis & Wiley Capital Management LLC677,940$6.56M0.02%−102,560−13.1%Reduced
Apollo Management Holdings, L.P.665,573$6.44M0.10%00.0%Unchanged
Principal Financial Group Inc634,818$6.15M0.00%−2,167−0.3%Reduced
UBS Asset Management Americas Inc583,554$5.65M0.00%+370,867+174.4%Added
Bank of America Corp556,447$5.39M0.00%+173,036+45.1%Added
Nuveen, LLC552,757$5.35M0.00%−263,602−32.3%Reduced
Edgestream Partners, L.P.549,912$5.32M0.15%+549,912New
Victory Capital Management Inc534,129$5.17M0.00%+434,594+436.6%Added
Advisors Asset Management, Inc.465,037$4.50M0.08%−49,561−9.6%Reduced
Marshall Wace, LLP455,813$4.41M0.01%+7,563+1.7%Added
Public Sector Pension Investment Board435,113$4.21M0.02%+29,905+7.4%Added
Rhumbline Advisers405,216$3.92M0.00%+5,804+1.5%Added
Ameriprise Financial Inc390,451$3.79M0.00%−25,186−6.1%Reduced
Barclays PLC374,299$3.62M0.00%+53,269+16.6%Added
Legal & General Group Plc358,307$3.47M0.00%+2,930+0.8%Added
LPL Financial LLC339,137$3.28M0.00%+55,945+19.8%Added
Balyasny Asset Management LLC331,858$3.21M0.01%−974,317−74.6%Reduced
Tudor Investment Corp Et Al326,775$3.16M0.02%+326,775New
JPMorgan Chase & Co325,805$3.15M0.00%−62,638−16.1%Reduced
BI Asset Management Fondsmaeglerselskab A/S279,761$2.71M0.03%00.0%Unchanged
Goldman Sachs Group Inc262,404$2.54M0.00%−171,006−39.5%Reduced
Two Sigma Investments, LP257,227$2.49M0.00%+243,914+1,832.1%Added
New Age Alpha Advisors, LLC256,927$2.49M0.11%−19,910−7.2%Reduced
Wells Fargo & Company253,509$2.45M0.00%+67,296+36.1%Added
Swiss National Bank252,039$2.44M0.00%−2,300−0.9%Reduced
UBS Group AG245,586$2.38M0.00%−164,957−40.2%Reduced
Prudential Financial Inc230,025$2.23M0.00%+101,720+79.3%Added
Prelude Capital Management, LLC225,000$2.18M0.21%−25,000−10.0%Reduced
D. E. Shaw & Co., Inc.216,670$2.10M0.00%+194,908+895.6%Added
Susquehanna International Group, LLP209,548$2.03M0.00%+7,102+3.5%Added
Simplex Trading, LLC195,979$1.90M0.05%−1,018−0.5%Reduced
Alliancebernstein L.P.194,717$1.88M0.00%+20,800+12.0%Added
LSV Asset Management189,682$1.84M0.00%−3,800−2.0%Reduced
New York State Teachers Retirement System185,197$1.79M0.00%00.0%Unchanged
Wolverine Asset Management LLC178,634$1.73M0.03%00.0%Unchanged
AXS Investments LLC172,425$1.67M0.68%−17,130−9.0%Reduced
FJ Capital Management LLC165,317$1.60M0.17%+165,317New
Cubist Systematic Strategies, LLC158,039$1.53M0.02%+121,971+338.2%Added
Am Investment Strategies LLC148,248$1.44M0.34%+33,581+29.3%Added
Lazard Asset Management LLC141,417$1.37M0.00%+141,417New
Allianz Asset Management GmbH140,239$1.36M0.00%+140,239New
AlphaCore Capital LLC128,147$1.24M0.05%+16,068+14.3%Added
Palogic Value Management, L.P.127,846$1.24M0.52%+110.0%Added
Citigroup Inc124,599$1.21M0.00%−68,505−35.5%Reduced
California State Teachers Retirement System122,098$1.18M0.00%−1,472−1.2%Reduced
Norges Bank118,355$1.15M0.00%−195,933−62.3%Reduced
Merit Financial Group, LLC116,633$1.13M0.01%−1,214−1.0%Reduced
Intech Investment Management LLC108,574$1.05M0.01%+311+0.3%Added
Dark Forest Capital Management LP108,254$1.05M0.04%+108,254New
Price T Rowe Associates Inc108,106$1.05M0.00%+13,279+14.0%Added
Great West Life Assurance Co107,626$1.04M0.00%−2,598−2.4%Reduced
Penserra Capital Management LLC106,510$1.03M0.01%−15,172−12.5%Reduced
American Financial Group Inc105,154$1.02M0.38%00.0%Unchanged
AQR Capital Management LLC104,504$1.01M0.00%+83,488+397.3%Added
Two Sigma Advisers, LP97,700$945.7K0.00%+55,500+131.5%Added
Caption Management, LLC96,213$931.3K0.09%+42,030+77.6%Added
Kestra Advisory Services, LLC94,742$917.1K0.00%+5,292+5.9%Added
Thrivent Financial for Lutherans94,439$914.0K0.00%+151+0.2%Added
Deutsche Bank AG89,520$866.6K0.00%−16,928−15.9%Reduced
Ensign Peak Advisors, Inc86,715$839.4K0.00%00.0%Unchanged
MetLife Investment Management83,463$807.9K0.00%+4,961+6.3%Added
Raymond James Financial Inc82,724$800.8K0.00%−2,604−3.1%Reduced
Samalin Investment Counsel, LLC81,068$784.7K0.30%+4,583+6.0%Added
First Trust Advisors LP78,870$763.5K0.00%−22,824−22.4%Reduced
QRG Capital Management, Inc.78,451$759.4K0.01%+10,635+15.7%Added
Lido Advisors, LLC75,826$753.0K0.00%−360−0.5%Reduced
State of Alaska, Department of Revenue76,150$736.0K0.01%+5,358+7.6%Added
Lighthouse Investment Partners, LLC75,503$730.9K0.03%+75,503New
Bramshill Investments, LLC71,653$693.6K0.07%−220−0.3%Reduced
Bank of Montreal70,120$678.8K0.00%−789−1.1%Reduced
Wolverine Trading, LLC68,029$667.4K0.02%+10,135+17.5%Added
Manufacturers Life Insurance Company, The66,992$648.5K0.00%−1,434−2.1%Reduced
Illinois Municipal Retirement Fund66,901$647.6K0.01%+1,701+2.6%Added
Advisor Group Holdings, Inc.66,084$639.7K0.00%+3,325+5.3%Added
Royal Bank of Canada62,051$600.0K0.00%−9,490−13.3%Reduced
Louisiana State Employees Retirement System59,700$577.9K0.01%−500−0.8%Reduced
Janus Henderson Group PLC59,476$574.8K0.00%00.0%Unchanged
State Board of Administration of Florida Retirement System57,264$554.3K0.00%00.0%Unchanged
Triumph Capital Management54,774$530.2K0.16%−11,293−17.1%Reduced
State of Tennessee, Treasury Department54,598$528.5K0.00%−2,250−4.0%Reduced
Cetera Investment Advisers54,378$526.4K0.00%+443+0.8%Added
Stifel Financial Corp52,830$511.4K0.00%+3,227+6.5%Added
Novare Capital Management LLC50,750$491.3K0.04%−7,350−12.7%Reduced
Wealth Enhancement Advisory Services, LLC48,838$481.5K0.00%+5,023+11.5%Added
State of Wisconsin Investment Board48,660$471.0K0.00%+33,936+230.5%Added
PEAK6 LLC48,610$470.5K0.02%+12,749+35.6%Added