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 2025
Institutional positions in Apollo Commercial Real Estate Finance, Inc. as of Dec 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
- 262
- +5 vs. Q3 2025
- Shares held
- 82.2M
- +2.49M (+3.1%) vs. Q3 2025
- Total value
- $797.4M
- −$11.6M (−1.4%) vs. Q3 2025
- New holders
- 37
- 97 more added
- Sold out
- 32
- 79 more reduced
5 institutions that held it in Q3 2025 haven't filed for Q4 2025 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.
Compare with Q3 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.
| Quarter | Holders | Value |
|---|---|---|
| Q2 2026 | 285 | $865.9M |
| Q1 2026 | 271 | $908.0M |
| Q4 2025 | 262 | $797.4M |
| Q3 2025 | 262 | $809.8M |
| Q2 2025 | 253 | $766.9M |
| Q1 2025 | 249 | $766.2M |
| Q4 2024 | 239 | $675.8M |
| Q3 2024 | 240 | $700.0M |
| Q2 2024 | 231 | $755.5M |
| Q1 2024 | 237 | $853.9M |
| Q4 2023 | 233 | $909.5M |
| Q3 2023 | 228 | $771.0M |
| Q2 2023 | 240 | $875.2M |
| Q1 2023 | 248 | $747.5M |
| Q4 2022 | 251 | $846.0M |
| Q3 2022 | 228 | $651.3M |
| Q2 2022 | 232 | $821.4M |
| Q1 2022 | 231 | $1.13B |
| Q4 2021 | 228 | $1.07B |
| Q3 2021 | 209 | $1.23B |
| Q2 2021 | 218 | $1.34B |
| Q1 2021 | 225 | $1.21B |
Institutions, Q4 2025
Shares, value and share of portfolio for each institution holding Apollo Commercial Real Estate Finance, Inc.; share changes are against Q3 2025.
| Institution | Shares | Value | % of portfolio | Change in shares | Action |
|---|---|---|---|---|---|
| BlackRock, Inc. | 21,226,663 | $205.5M | 0.00% | +211,233+1.0% | Added |
| Vanguard Group Inc | 15,092,682 | $146.1M | 0.00% | −116,180−0.8% | Reduced |
| State Street Corp | 5,298,362 | $52.6M | 0.00% | +56,377+1.1% | Added |
| No Street GP LP | 3,231,095 | $31.3M | 2.11% | +231,095+7.7% | Added |
| Geode Capital Management, LLC | 3,167,013 | $30.7M | 0.00% | +9,273+0.3% | Added |
| Mirae Asset Global ETFs Holdings Ltd. | 2,209,428 | $21.4M | 0.03% | +123,511+5.9% | Added |
| Charles Schwab Investment Management Inc | 2,203,408 | $21.3M | 0.00% | −60,255−2.7% | Reduced |
| Morgan Stanley | 1,950,734 | $18.9M | 0.00% | +350,933+21.9% | Added |
| Northern Trust Corp | 1,647,093 | $15.9M | 0.00% | −100,921−5.8% | Reduced |
| Invesco Ltd. | 1,244,477 | $12.0M | 0.00% | +149,220+13.6% | Added |
| Van Eck Associates Corp | 1,185,221 | $11.5M | 0.01% | +151,926+14.7% | Added |
| Bank of New York Mellon Corp | 938,224 | $9.08M | 0.00% | −27,012−2.8% | Reduced |
| Principal Financial Group Inc | 853,894 | $8.27M | 0.00% | +79,740+10.3% | Added |
| Cura Wealth Advisors, LLC | 823,233 | $7.97M | 3.02% | −8,450−1.0% | Reduced |
| Goldman Sachs Group Inc | 754,740 | $7.31M | 0.00% | +108,984+16.9% | Added |
| Apollo Management Holdings, L.P. | 665,573 | $6.44M | 0.06% | 00.0% | Unchanged |
| JPMorgan Chase & Co | 664,489 | $6.43M | 0.00% | −25,414−3.7% | Reduced |
| First Trust Advisors LP | 636,383 | $6.16M | 0.00% | +557,850+710.3% | Added |
| Hotchkis & Wiley Capital Management LLC | 635,462 | $6.15M | 0.02% | 00.0% | Unchanged |
| Tudor Investment Corp Et Al | 584,800 | $5.66M | 0.03% | +260,670+80.4% | Added |
| Waterfall Asset Management, LLC | 569,000 | $5.56M | 2.99% | +569,000 | New |
| UBS Group AG | 555,132 | $5.37M | 0.00% | +66,424+13.6% | Added |
| Edgestream Partners, L.P. | 547,410 | $5.30M | 0.15% | +83,950+18.1% | Added |
| Balyasny Asset Management LLC | 517,928 | $5.01M | 0.01% | +128,362+33.0% | Added |
| Millennium Management LLC | 504,054 | $4.88M | 0.00% | +485,203+2,573.9% | Added |
| Public Sector Pension Investment Board | 452,674 | $4.38M | 0.01% | −56,755−11.1% | Reduced |
| Allianz Asset Management GmbH | 444,772 | $4.31M | 0.00% | +139,793+45.8% | Added |
| Qube Research & Technologies Ltd | 402,916 | $3.90M | 0.01% | +274,342+213.4% | Added |
| Nuveen, LLC | 388,530 | $3.76M | 0.00% | −12,092−3.0% | Reduced |
| Rhumbline Advisers | 385,140 | $3.73M | 0.00% | −19,438−4.8% | Reduced |
| UBS Asset Management Americas Inc | 377,473 | $3.65M | 0.00% | +376,143+28,281.4% | Added |
| Citadel Advisors LLC | 376,365 | $3.64M | 0.00% | −358,093−48.8% | Reduced |
| LPL Financial LLC | 353,273 | $3.42M | 0.00% | +14,447+4.3% | Added |
| Bank of America Corp | 325,493 | $3.15M | 0.00% | −94,963−22.6% | Reduced |
| Legal & General Group Plc | 320,422 | $3.10M | 0.00% | −21,162−6.2% | Reduced |
| Ameriprise Financial Inc | 319,733 | $3.10M | 0.00% | −16,991−5.0% | Reduced |
| Wells Fargo & Company | 316,047 | $3.06M | 0.00% | +47,147+17.5% | Added |
| Carmel Capital Partners, LLC | 314,501 | $3.04M | 1.07% | +89,887+40.0% | Added |
| AQR Capital Management LLC | 313,475 | $3.03M | 0.00% | +43,774+16.2% | Added |
| Lighthouse Investment Partners, LLC | 290,695 | $2.81M | 0.09% | −70,177−19.4% | Reduced |
| BI Asset Management Fondsmaeglerselskab A/S | 279,761 | $2.71M | 0.02% | 00.0% | Unchanged |
| Two Sigma Investments, LP | 263,151 | $2.55M | 0.00% | −2,708−1.0% | Reduced |
| Swiss National Bank | 260,239 | $2.52M | 0.00% | +4,400+1.7% | Added |
| Purpose Unlimited Inc. | 247,178 | $2.39M | 0.11% | +247,178 | New |
| New Age Alpha Advisors, LLC | 238,806 | $2.31M | 0.10% | −12,117−4.8% | Reduced |
| Prelude Capital Management, LLC | 225,000 | $2.18M | 0.16% | 00.0% | Unchanged |
| Barclays PLC | 217,800 | $2.11M | 0.00% | −319,492−59.5% | Reduced |
| Wealth Enhancement Advisory Services, LLC | 211,459 | $2.07M | 0.00% | +39,651+23.1% | Added |
| New York State Teachers Retirement System | 196,071 | $1.90M | 0.00% | +10,874+5.9% | Added |
| Alliancebernstein L.P. | 194,817 | $1.89M | 0.00% | +23,600+13.8% | Added |
| Y-Intercept (Hong Kong) Ltd | 190,922 | $1.85M | 0.04% | +121,906+176.6% | Added |
| Wolverine Asset Management LLC | 178,634 | $1.73M | 0.02% | 00.0% | Unchanged |
| Am Investment Strategies LLC | 155,731 | $1.51M | 0.31% | +3,768+2.5% | Added |
| Norges Bank | 145,800 | $1.41M | 0.00% | +145,800 | New |
| Prudential Financial Inc | 143,556 | $1.39M | 0.00% | −291,899−67.0% | Reduced |
| Palogic Value Management, L.P. | 131,809 | $1.28M | 0.55% | +876+0.7% | Added |
| Mackenzie Financial Corp | 126,747 | $1.25M | 0.00% | +126,747 | New |
| Intech Investment Management LLC | 129,266 | $1.25M | 0.01% | +27,920+27.5% | Added |
| Hennion & Walsh Asset Management, Inc. | 128,801 | $1.25M | 0.04% | +81,862+174.4% | Added |
| Merit Financial Group, LLC | 127,429 | $1.23M | 0.01% | +8,763+7.4% | Added |
| California State Teachers Retirement System | 121,983 | $1.18M | 0.00% | −122−0.1% | Reduced |
| Price T Rowe Associates Inc | 119,577 | $1.16M | 0.00% | +6,181+5.5% | Added |
| AlphaCore Capital LLC | 119,435 | $1.16M | 0.03% | −4,797−3.9% | Reduced |
| Penserra Capital Management LLC | 114,999 | $1.11M | 0.01% | +4,753+4.3% | Added |
| Nomura Holdings Inc | 109,470 | $1.06M | 0.00% | +109,470 | New |
| Novare Capital Management LLC | 108,675 | $1.05M | 0.08% | +36,000+49.5% | Added |
| Great West Life Assurance Co | 108,565 | $1.05M | 0.00% | 00.0% | Unchanged |
| Thrivent Financial for Lutherans | 108,613 | $1.05M | 0.00% | +13,944+14.7% | Added |
| Deutsche Bank AG | 107,694 | $1.04M | 0.00% | +4,690+4.6% | Added |
| American Financial Group Inc | 105,154 | $1.02M | 0.37% | 00.0% | Unchanged |
| Jane Street Group, LLC | 102,139 | $988.7K | 0.00% | −22,556−18.1% | Reduced |
| SG Americas Securities, LLC | 99,940 | $967.0K | 0.00% | +48,644+94.8% | Added |
| Victory Capital Management Inc | 99,087 | $959.2K | 0.00% | −495,599−83.3% | Reduced |
| Caxton Associates LLP | 94,400 | $913.8K | 0.02% | +20,491+27.7% | Added |
| Raymond James Financial Inc | 90,194 | $873.1K | 0.00% | +2,716+3.1% | Added |
| Samalin Investment Counsel, LLC | 83,682 | $810.0K | 0.29% | +1,751+2.1% | Added |
| Kestra Advisory Services, LLC | 81,426 | $788.2K | 0.00% | −4,681−5.4% | Reduced |
| Lido Advisors, LLC | 75,736 | $786.2K | 0.00% | −10.0% | Reduced |
| MetLife Investment Management | 75,312 | $729.0K | 0.00% | −6,517−8.0% | Reduced |
| Advisor Group Holdings, Inc. | 75,019 | $726.2K | 0.00% | +159+0.2% | Added |
| PFG Investments, LLC | 71,241 | $689.6K | 0.03% | +2,887+4.2% | Added |
| Illinois Municipal Retirement Fund | 69,657 | $674.3K | 0.01% | +6,227+9.8% | Added |
| Advisors Asset Management, Inc. | 69,126 | $669.1K | 0.01% | −221,594−76.2% | Reduced |
| State of Alaska, Department of Revenue | 66,503 | $643.0K | 0.01% | +785+1.2% | Added |
| Bank of Montreal | 65,945 | $638.3K | 0.00% | +1,980+3.1% | Added |
| Stifel Financial Corp | 63,278 | $612.5K | 0.00% | +4,703+8.0% | Added |
| Ieq Capital, LLC | 62,360 | $603.6K | 0.00% | +8,985+16.8% | Added |
| Royal Bank of Canada | 60,974 | $590.0K | 0.00% | +9,155+17.7% | Added |
| Natixis | 60,000 | $580.8K | 0.00% | +60,000 | New |
| CF Capital LLC | 60,000 | $580.8K | 0.29% | +60,000 | New |
| Louisiana State Employees Retirement System | 59,800 | $578.9K | 0.01% | −200−0.3% | Reduced |
| Janus Henderson Group PLC | 59,476 | $576.0K | 0.00% | 00.0% | Unchanged |
| Cetera Investment Advisers | 59,066 | $571.8K | 0.00% | −10,488−15.1% | Reduced |
| Manufacturers Life Insurance Company, The | 58,455 | $565.8K | 0.00% | −4,615−7.3% | Reduced |
| Citigroup Inc | 58,312 | $564.5K | 0.00% | +12,429+27.1% | Added |
| State Board of Administration of Florida Retirement System | 57,264 | $554.3K | 0.00% | 00.0% | Unchanged |
| QRG Capital Management, Inc. | 56,284 | $544.8K | 0.01% | +5,695+11.3% | Added |
| Cambridge Investment Research Advisors, Inc. | 55,955 | $542.0K | 0.00% | −20,135−26.5% | Reduced |
| Mariner, LLC | 53,970 | $523.5K | 0.00% | +9,785+22.1% | Added |
| Handelsbanken Fonder AB | 53,802 | $521.0K | 0.00% | +11,500+27.2% | Added |