Skip to main content

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
Mutual of America Capital Management LLC16,421$159.0K0.00%−2,184−11.7%Reduced
Chiron Capital Management, LLC16,920$163.8K0.14%00.0%Unchanged
Creative Planning17,093$165.5K0.00%+2,166+14.5%Added
CIBC World Markets Corp17,219$166.7K0.00%−13,527−44.0%Reduced
HSBC Holdings PLC17,400$166.9K0.00%−2,231−11.4%Reduced
PharVision Advisers, LLC17,519$169.6K0.24%+17,519New
HighTower Advisors, LLC17,767$172.0K0.00%+4,147+30.4%Added
Jump Financial, LLC18,931$183.3K0.00%+18,931New
Quantinno Capital Management LP18,938$183.3K0.00%+6,671+54.4%Added
Envestnet Asset Management Inc19,328$187.1K0.00%+1,582+8.9%Added
Ieq Capital, LLC19,878$192.4K0.00%+19,878New
Teacher Retirement System of Texas20,032$193.9K0.00%+840+4.4%Added
FMR LLC20,603$199.4K0.00%+5,603+37.4%Added
Public Employees Retirement Association of Colorado23,479$227.0K0.00%00.0%Unchanged
Nisa Investment Advisors, LLC23,538$235.3K0.00%−28,921−55.1%Reduced
Jane Street Group, LLC24,541$237.6K0.00%−456,056−94.9%Reduced
KLP Kapitalforvaltning AS24,900$246.3K0.00%00.0%Unchanged
Quest Partners LLC25,505$246.9K0.02%+14,160+124.8%Added
Private Advisor Group, LLC26,291$254.5K0.00%−162−0.6%Reduced
STRS Ohio26,700$258.5K0.00%00.0%Unchanged
Oregon Public Employees Retirement Fund29,315$283.8K0.01%00.0%Unchanged
ProShare Advisors LLC30,976$299.8K0.00%−1,447−4.5%Reduced
SG Americas Securities, LLC31,018$300.0K0.00%+2,957+10.5%Added
The PNC Financial Services Group, Inc.31,101$301.1K0.00%+337+1.1%Added
Police & Firemen's Retirement System of New Jersey31,743$307.3K0.00%00.0%Unchanged
Fox Run Management, L.L.C.31,814$308.0K0.05%−6,223−16.4%Reduced
Y-Intercept (Hong Kong) Ltd32,207$311.8K0.01%−61,005−65.4%Reduced
Commonwealth of Pennsylvania Public School Empls Retrmt Sys32,819$317.7K0.00%+2,245+7.3%Added
H&H Retirement Design & Management INC33,233$322.4K0.18%00.0%Unchanged
Millennium Management LLC36,077$349.2K0.00%−55,396−60.6%Reduced
Entropy Technologies, LP37,018$358.3K0.03%+37,018New
Mariner, LLC37,044$358.6K0.00%+12,971+53.9%Added
Amalgamated Bank37,075$359.0K0.00%00.0%Unchanged
Maryland State Retirement & Pension System37,283$360.9K0.01%00.0%Unchanged
Cambridge Investment Research Advisors, Inc.37,345$362.0K0.00%−2,482−6.2%Reduced
Commonwealth Equity Services, LLC37,496$363.0K0.00%−105−0.3%Reduced
Mercer Global Advisors Inc38,480$372.5K0.00%−4,334−10.1%Reduced
Arizona State Retirement System38,501$372.7K0.00%+848+2.3%Added
New York State Common Retirement Fund39,132$378.8K0.00%00.0%Unchanged
Guggenheim Capital LLC39,630$383.6K0.00%−1,230−3.0%Reduced
Voya Investment Management LLC40,521$392.2K0.00%+537+1.3%Added
CWM Advisors, LLC40,686$393.8K0.04%+4,807+13.4%Added
State of Wyoming40,972$396.6K0.05%+14,757+56.3%Added
MAS Advisors LLC41,516$401.9K0.66%+1,455+3.6%Added
PFG Investments, LLC41,794$404.6K0.02%−8,970−17.7%Reduced
Teachers Retirement System of the State of Kentucky41,878$406.0K0.00%00.0%Unchanged
Handelsbanken Fonder AB42,302$409.0K0.00%00.0%Unchanged
Centiva Capital, LP42,567$412.0K0.03%+3,892+10.1%Added
SEI Investments Co42,995$416.2K0.00%+145+0.3%Added
Zurcher Kantonalbank (Zurich Cantonalbank)45,011$435.7K0.00%+18,928+72.6%Added
Nomura Holdings Inc45,043$436.0K0.00%−2,749,881−98.4%Reduced
Engineers Gate Manager LP45,880$444.1K0.01%+45,880New
Yousif Capital Management, LLC47,346$458.3K0.00%−105−0.2%Reduced
PEAK6 LLC48,610$470.5K0.02%+12,749+35.6%Added
State of Wisconsin Investment Board48,660$471.0K0.00%+33,936+230.5%Added
Wealth Enhancement Advisory Services, LLC48,838$481.5K0.00%+5,023+11.5%Added
Novare Capital Management LLC50,750$491.3K0.04%−7,350−12.7%Reduced
Stifel Financial Corp52,830$511.4K0.00%+3,227+6.5%Added
Cetera Investment Advisers54,378$526.4K0.00%+443+0.8%Added
State of Tennessee, Treasury Department54,598$528.5K0.00%−2,250−4.0%Reduced
Triumph Capital Management54,774$530.2K0.16%−11,293−17.1%Reduced
State Board of Administration of Florida Retirement System57,264$554.3K0.00%00.0%Unchanged
Janus Henderson Group PLC59,476$574.8K0.00%00.0%Unchanged
Louisiana State Employees Retirement System59,700$577.9K0.01%−500−0.8%Reduced
Royal Bank of Canada62,051$600.0K0.00%−9,490−13.3%Reduced
Advisor Group Holdings, Inc.66,084$639.7K0.00%+3,325+5.3%Added
Illinois Municipal Retirement Fund66,901$647.6K0.01%+1,701+2.6%Added
Manufacturers Life Insurance Company, The66,992$648.5K0.00%−1,434−2.1%Reduced
Wolverine Trading, LLC68,029$667.4K0.02%+10,135+17.5%Added
Bank of Montreal70,120$678.8K0.00%−789−1.1%Reduced
Bramshill Investments, LLC71,653$693.6K0.07%−220−0.3%Reduced
Lighthouse Investment Partners, LLC75,503$730.9K0.03%+75,503New
State of Alaska, Department of Revenue76,150$736.0K0.01%+5,358+7.6%Added
Lido Advisors, LLC75,826$753.0K0.00%−360−0.5%Reduced
QRG Capital Management, Inc.78,451$759.4K0.01%+10,635+15.7%Added
First Trust Advisors LP78,870$763.5K0.00%−22,824−22.4%Reduced
Samalin Investment Counsel, LLC81,068$784.7K0.30%+4,583+6.0%Added
Raymond James Financial Inc82,724$800.8K0.00%−2,604−3.1%Reduced
MetLife Investment Management83,463$807.9K0.00%+4,961+6.3%Added
Ensign Peak Advisors, Inc86,715$839.4K0.00%00.0%Unchanged
Deutsche Bank AG89,520$866.6K0.00%−16,928−15.9%Reduced
Thrivent Financial for Lutherans94,439$914.0K0.00%+151+0.2%Added
Kestra Advisory Services, LLC94,742$917.1K0.00%+5,292+5.9%Added
Caption Management, LLC96,213$931.3K0.09%+42,030+77.6%Added
Two Sigma Advisers, LP97,700$945.7K0.00%+55,500+131.5%Added
AQR Capital Management LLC104,504$1.01M0.00%+83,488+397.3%Added
American Financial Group Inc105,154$1.02M0.38%00.0%Unchanged
Penserra Capital Management LLC106,510$1.03M0.01%−15,172−12.5%Reduced
Great West Life Assurance Co107,626$1.04M0.00%−2,598−2.4%Reduced
Price T Rowe Associates Inc108,106$1.05M0.00%+13,279+14.0%Added
Dark Forest Capital Management LP108,254$1.05M0.04%+108,254New
Intech Investment Management LLC108,574$1.05M0.01%+311+0.3%Added
Merit Financial Group, LLC116,633$1.13M0.01%−1,214−1.0%Reduced
Norges Bank118,355$1.15M0.00%−195,933−62.3%Reduced
California State Teachers Retirement System122,098$1.18M0.00%−1,472−1.2%Reduced
Citigroup Inc124,599$1.21M0.00%−68,505−35.5%Reduced
Palogic Value Management, L.P.127,846$1.24M0.52%+110.0%Added
AlphaCore Capital LLC128,147$1.24M0.05%+16,068+14.3%Added
Allianz Asset Management GmbH140,239$1.36M0.00%+140,239New
Lazard Asset Management LLC141,417$1.37M0.00%+141,417New