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 |
|---|---|---|---|---|---|
| Pathstone Holdings, LLC | 13,182 | $127.6K | 0.00% | −25−0.2% | Reduced |
| Pictet Asset Management Holding SA | 13,835 | $133.9K | 0.00% | 00.0% | Unchanged |
| Nisa Investment Advisors, LLC | 13,928 | $139.7K | 0.00% | −6,254−31.0% | Reduced |
| Mutual of America Capital Management LLC | 14,928 | $144.5K | 0.00% | +298+2.0% | Added |
| Franklin Resources Inc | 15,229 | $147.4K | 0.00% | +4,032+36.0% | Added |
| Diversify Wealth Management, LLC | 15,001 | $147.9K | 0.01% | 00.0% | Unchanged |
| Quest Partners LLC | 16,074 | $155.6K | 0.01% | −1,430−8.2% | Reduced |
| Profund Advisors LLC | 16,156 | $156.4K | 0.00% | +16,156 | New |
| Accuvest Global Advisors | 16,967 | $164.0K | 0.12% | +5,751+51.3% | Added |
| Global Assets Advisory, LLC | 17,226 | $166.8K | 0.05% | −9,407−35.3% | Reduced |
| CWM, LLC | 17,728 | $172.0K | 0.00% | −194−1.1% | Reduced |
| FMR LLC | 18,152 | $175.7K | 0.00% | +864+5.0% | Added |
| Motiv8 Investments LLC | 18,532 | $179.0K | 0.10% | +1,824+10.9% | Added |
| Maryland State Retirement & Pension System | 18,952 | $183.5K | 0.00% | +327+1.8% | Added |
| Envestnet Asset Management Inc | 19,206 | $185.9K | 0.00% | −3,368−14.9% | Reduced |
| Engineers Gate Manager LP | 19,592 | $189.7K | 0.00% | +19,592 | New |
| Creative Planning | 19,940 | $193.0K | 0.00% | +778+4.1% | Added |
| Longboard Asset Management, LP | 21,927 | $212.3K | 1.35% | 00.0% | Unchanged |
| Jupiter Asset Management Ltd | 22,009 | $213.0K | 0.00% | +22,009 | New |
| PharVision Advisers, LLC | 22,350 | $216.3K | 0.11% | +22,350 | New |
| Global Retirement Partners, LLC | 22,353 | $216.4K | 0.00% | −1,331−5.6% | Reduced |
| Guggenheim Capital LLC | 22,819 | $220.9K | 0.00% | −14,539−38.9% | Reduced |
| Jump Financial, LLC | 23,015 | $222.8K | 0.00% | +9,710+73.0% | Added |
| Beacon Pointe Advisors, LLC | 23,038 | $223.0K | 0.00% | 00.0% | Unchanged |
| Commonwealth Equity Services, LLC | 23,138 | $224.0K | 0.00% | −1,700−6.8% | Reduced |
| The PNC Financial Services Group, Inc. | 23,200 | $224.6K | 0.00% | −5,902−20.3% | Reduced |
| Public Employees Retirement Association of Colorado | 23,479 | $227.0K | 0.00% | 00.0% | Unchanged |
| MQS Management LLC | 23,468 | $227.2K | 0.13% | +23,468 | New |
| Rockefeller Capital Management L.P. | 23,598 | $228.4K | 0.00% | +10,197+76.1% | Added |
| STRS Ohio | 25,400 | $245.9K | 0.00% | 00.0% | Unchanged |
| Susquehanna International Group, LLP | 25,864 | $250.4K | 0.00% | −1,304−4.8% | Reduced |
| Cerity Partners LLC | 26,010 | $251.8K | 0.00% | +3,389+15.0% | Added |
| Voya Investment Management LLC | 26,235 | $254.0K | 0.00% | 00.0% | Unchanged |
| ProShare Advisors LLC | 27,061 | $261.9K | 0.00% | +894+3.4% | Added |
| KLP Kapitalforvaltning AS | 28,000 | $277.0K | 0.00% | −6,100−17.9% | Reduced |
| Oregon Public Employees Retirement Fund | 29,915 | $289.6K | 0.00% | +500+1.7% | Added |
| BNP Paribas Arbitrage, SA | 31,429 | $304.2K | 0.00% | −2,951−8.6% | Reduced |
| Dynamic Technology Lab Private Ltd | 31,560 | $306.0K | 0.07% | +31,560 | New |
| Commonwealth of Pennsylvania Public School Empls Retrmt Sys | 32,334 | $313.0K | 0.00% | −928−2.8% | Reduced |
| Private Advisor Group, LLC | 32,435 | $314.0K | 0.00% | +3,843+13.4% | Added |
| HighTower Advisors, LLC | 32,446 | $314.1K | 0.00% | +3,012+10.2% | Added |
| Teachers Retirement System of the State of Kentucky | 32,739 | $317.0K | 0.00% | −3,761−10.3% | Reduced |
| Verition Fund Management LLC | 33,900 | $328.2K | 0.00% | −2,029−5.6% | Reduced |
| H&H Retirement Design & Management INC | 31,860 | $343.4K | 0.17% | −1,373−4.1% | Reduced |
| Yousif Capital Management, LLC | 35,016 | $350.9K | 0.00% | −5,379−13.3% | Reduced |
| Russell Investments Group, Ltd. | 36,431 | $352.7K | 0.00% | −559−1.5% | Reduced |
| Arizona State Retirement System | 36,789 | $356.1K | 0.00% | −2,270−5.8% | Reduced |
| Quantinno Capital Management LP | 37,033 | $358.5K | 0.00% | +6,233+20.2% | Added |
| Weiss Asset Management LP | 37,162 | $359.7K | 0.01% | +37,162 | New |
| Two Sigma Advisers, LP | 37,800 | $365.9K | 0.00% | −18,700−33.1% | Reduced |
| Amalgamated Bank | 38,234 | $370.0K | 0.00% | −23−0.1% | Reduced |
| Winton Group Ltd | 38,244 | $370.2K | 0.01% | −28,456−42.7% | Reduced |
| Police & Firemen's Retirement System of New Jersey | 38,669 | $374.3K | 0.00% | 00.0% | Unchanged |
| New York State Common Retirement Fund | 39,132 | $378.8K | 0.00% | 00.0% | Unchanged |
| SEI Investments Co | 43,064 | $416.9K | 0.00% | +170.0% | Added |
| Zurcher Kantonalbank (Zurich Cantonalbank) | 45,011 | $435.7K | 0.00% | 00.0% | Unchanged |
| Mercer Global Advisors Inc | 46,312 | $448.3K | 0.00% | +7,091+18.1% | Added |
| State of Wyoming | 47,159 | $456.5K | 0.05% | −1,825−3.7% | Reduced |
| CWM Advisors, LLC | 48,157 | $466.2K | 0.04% | +3,236+7.2% | Added |
| VARCOV Co. | 48,672 | $471.1K | 0.19% | +48,672 | New |
| Triumph Capital Management | 52,979 | $512.8K | 0.11% | −6,556−11.0% | Reduced |
| State of Tennessee, Treasury Department | 47,699 | $515.6K | 0.00% | −6,752−12.4% | Reduced |
| Handelsbanken Fonder AB | 53,802 | $521.0K | 0.00% | +11,500+27.2% | Added |
| Mariner, LLC | 53,970 | $523.5K | 0.00% | +9,785+22.1% | Added |
| Cambridge Investment Research Advisors, Inc. | 55,955 | $542.0K | 0.00% | −20,135−26.5% | Reduced |
| QRG Capital Management, Inc. | 56,284 | $544.8K | 0.01% | +5,695+11.3% | Added |
| State Board of Administration of Florida Retirement System | 57,264 | $554.3K | 0.00% | 00.0% | Unchanged |
| Citigroup Inc | 58,312 | $564.5K | 0.00% | +12,429+27.1% | Added |
| Manufacturers Life Insurance Company, The | 58,455 | $565.8K | 0.00% | −4,615−7.3% | Reduced |
| Cetera Investment Advisers | 59,066 | $571.8K | 0.00% | −10,488−15.1% | Reduced |
| Janus Henderson Group PLC | 59,476 | $576.0K | 0.00% | 00.0% | Unchanged |
| Louisiana State Employees Retirement System | 59,800 | $578.9K | 0.01% | −200−0.3% | Reduced |
| Natixis | 60,000 | $580.8K | 0.00% | +60,000 | New |
| CF Capital LLC | 60,000 | $580.8K | 0.29% | +60,000 | New |
| Royal Bank of Canada | 60,974 | $590.0K | 0.00% | +9,155+17.7% | Added |
| Ieq Capital, LLC | 62,360 | $603.6K | 0.00% | +8,985+16.8% | Added |
| Stifel Financial Corp | 63,278 | $612.5K | 0.00% | +4,703+8.0% | Added |
| Bank of Montreal | 65,945 | $638.3K | 0.00% | +1,980+3.1% | Added |
| State of Alaska, Department of Revenue | 66,503 | $643.0K | 0.01% | +785+1.2% | Added |
| Advisors Asset Management, Inc. | 69,126 | $669.1K | 0.01% | −221,594−76.2% | Reduced |
| Illinois Municipal Retirement Fund | 69,657 | $674.3K | 0.01% | +6,227+9.8% | Added |
| PFG Investments, LLC | 71,241 | $689.6K | 0.03% | +2,887+4.2% | Added |
| Advisor Group Holdings, Inc. | 75,019 | $726.2K | 0.00% | +159+0.2% | Added |
| MetLife Investment Management | 75,312 | $729.0K | 0.00% | −6,517−8.0% | Reduced |
| Lido Advisors, LLC | 75,736 | $786.2K | 0.00% | −10.0% | Reduced |
| Kestra Advisory Services, LLC | 81,426 | $788.2K | 0.00% | −4,681−5.4% | Reduced |
| Samalin Investment Counsel, LLC | 83,682 | $810.0K | 0.29% | +1,751+2.1% | Added |
| Raymond James Financial Inc | 90,194 | $873.1K | 0.00% | +2,716+3.1% | Added |
| Caxton Associates LLP | 94,400 | $913.8K | 0.02% | +20,491+27.7% | Added |
| Victory Capital Management Inc | 99,087 | $959.2K | 0.00% | −495,599−83.3% | Reduced |
| SG Americas Securities, LLC | 99,940 | $967.0K | 0.00% | +48,644+94.8% | Added |
| Jane Street Group, LLC | 102,139 | $988.7K | 0.00% | −22,556−18.1% | Reduced |
| American Financial Group Inc | 105,154 | $1.02M | 0.37% | 00.0% | Unchanged |
| Deutsche Bank AG | 107,694 | $1.04M | 0.00% | +4,690+4.6% | 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 |
| Novare Capital Management LLC | 108,675 | $1.05M | 0.08% | +36,000+49.5% | Added |
| Nomura Holdings Inc | 109,470 | $1.06M | 0.00% | +109,470 | New |
| Penserra Capital Management LLC | 114,999 | $1.11M | 0.01% | +4,753+4.3% | Added |
| AlphaCore Capital LLC | 119,435 | $1.16M | 0.03% | −4,797−3.9% | Reduced |