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 |
|---|---|---|---|---|---|
| State of Tennessee, Treasury Department | 47,699 | $515.6K | 0.00% | −6,752−12.4% | Reduced |
| Triumph Capital Management | 52,979 | $512.8K | 0.11% | −6,556−11.0% | Reduced |
| VARCOV Co. | 48,672 | $471.1K | 0.19% | +48,672 | New |
| CWM Advisors, LLC | 48,157 | $466.2K | 0.04% | +3,236+7.2% | Added |
| State of Wyoming | 47,159 | $456.5K | 0.05% | −1,825−3.7% | Reduced |
| Mercer Global Advisors Inc | 46,312 | $448.3K | 0.00% | +7,091+18.1% | Added |
| Zurcher Kantonalbank (Zurich Cantonalbank) | 45,011 | $435.7K | 0.00% | 00.0% | Unchanged |
| SEI Investments Co | 43,064 | $416.9K | 0.00% | +170.0% | Added |
| New York State Common Retirement Fund | 39,132 | $378.8K | 0.00% | 00.0% | Unchanged |
| Police & Firemen's Retirement System of New Jersey | 38,669 | $374.3K | 0.00% | 00.0% | Unchanged |
| Winton Group Ltd | 38,244 | $370.2K | 0.01% | −28,456−42.7% | Reduced |
| Amalgamated Bank | 38,234 | $370.0K | 0.00% | −23−0.1% | Reduced |
| Two Sigma Advisers, LP | 37,800 | $365.9K | 0.00% | −18,700−33.1% | Reduced |
| Weiss Asset Management LP | 37,162 | $359.7K | 0.01% | +37,162 | New |
| Quantinno Capital Management LP | 37,033 | $358.5K | 0.00% | +6,233+20.2% | Added |
| Arizona State Retirement System | 36,789 | $356.1K | 0.00% | −2,270−5.8% | Reduced |
| Russell Investments Group, Ltd. | 36,431 | $352.7K | 0.00% | −559−1.5% | Reduced |
| Yousif Capital Management, LLC | 35,016 | $350.9K | 0.00% | −5,379−13.3% | Reduced |
| H&H Retirement Design & Management INC | 31,860 | $343.4K | 0.17% | −1,373−4.1% | Reduced |
| Verition Fund Management LLC | 33,900 | $328.2K | 0.00% | −2,029−5.6% | Reduced |
| Teachers Retirement System of the State of Kentucky | 32,739 | $317.0K | 0.00% | −3,761−10.3% | Reduced |
| HighTower Advisors, LLC | 32,446 | $314.1K | 0.00% | +3,012+10.2% | Added |
| Private Advisor Group, LLC | 32,435 | $314.0K | 0.00% | +3,843+13.4% | Added |
| Commonwealth of Pennsylvania Public School Empls Retrmt Sys | 32,334 | $313.0K | 0.00% | −928−2.8% | Reduced |
| Dynamic Technology Lab Private Ltd | 31,560 | $306.0K | 0.07% | +31,560 | New |
| BNP Paribas Arbitrage, SA | 31,429 | $304.2K | 0.00% | −2,951−8.6% | Reduced |
| Oregon Public Employees Retirement Fund | 29,915 | $289.6K | 0.00% | +500+1.7% | Added |
| KLP Kapitalforvaltning AS | 28,000 | $277.0K | 0.00% | −6,100−17.9% | Reduced |
| ProShare Advisors LLC | 27,061 | $261.9K | 0.00% | +894+3.4% | Added |
| Voya Investment Management LLC | 26,235 | $254.0K | 0.00% | 00.0% | Unchanged |
| Cerity Partners LLC | 26,010 | $251.8K | 0.00% | +3,389+15.0% | Added |
| Susquehanna International Group, LLP | 25,864 | $250.4K | 0.00% | −1,304−4.8% | Reduced |
| STRS Ohio | 25,400 | $245.9K | 0.00% | 00.0% | Unchanged |
| Rockefeller Capital Management L.P. | 23,598 | $228.4K | 0.00% | +10,197+76.1% | Added |
| MQS Management LLC | 23,468 | $227.2K | 0.13% | +23,468 | New |
| Public Employees Retirement Association of Colorado | 23,479 | $227.0K | 0.00% | 00.0% | Unchanged |
| The PNC Financial Services Group, Inc. | 23,200 | $224.6K | 0.00% | −5,902−20.3% | Reduced |
| Commonwealth Equity Services, LLC | 23,138 | $224.0K | 0.00% | −1,700−6.8% | Reduced |
| Beacon Pointe Advisors, LLC | 23,038 | $223.0K | 0.00% | 00.0% | Unchanged |
| Jump Financial, LLC | 23,015 | $222.8K | 0.00% | +9,710+73.0% | Added |
| Guggenheim Capital LLC | 22,819 | $220.9K | 0.00% | −14,539−38.9% | Reduced |
| Global Retirement Partners, LLC | 22,353 | $216.4K | 0.00% | −1,331−5.6% | Reduced |
| PharVision Advisers, LLC | 22,350 | $216.3K | 0.11% | +22,350 | New |
| Jupiter Asset Management Ltd | 22,009 | $213.0K | 0.00% | +22,009 | New |
| Longboard Asset Management, LP | 21,927 | $212.3K | 1.35% | 00.0% | Unchanged |
| Creative Planning | 19,940 | $193.0K | 0.00% | +778+4.1% | Added |
| Engineers Gate Manager LP | 19,592 | $189.7K | 0.00% | +19,592 | New |
| Envestnet Asset Management Inc | 19,206 | $185.9K | 0.00% | −3,368−14.9% | Reduced |
| Maryland State Retirement & Pension System | 18,952 | $183.5K | 0.00% | +327+1.8% | Added |
| Motiv8 Investments LLC | 18,532 | $179.0K | 0.10% | +1,824+10.9% | Added |
| FMR LLC | 18,152 | $175.7K | 0.00% | +864+5.0% | Added |
| CWM, LLC | 17,728 | $172.0K | 0.00% | −194−1.1% | Reduced |
| Global Assets Advisory, LLC | 17,226 | $166.8K | 0.05% | −9,407−35.3% | Reduced |
| Accuvest Global Advisors | 16,967 | $164.0K | 0.12% | +5,751+51.3% | Added |
| Profund Advisors LLC | 16,156 | $156.4K | 0.00% | +16,156 | New |
| Quest Partners LLC | 16,074 | $155.6K | 0.01% | −1,430−8.2% | Reduced |
| Diversify Wealth Management, LLC | 15,001 | $147.9K | 0.01% | 00.0% | Unchanged |
| Franklin Resources Inc | 15,229 | $147.4K | 0.00% | +4,032+36.0% | Added |
| Mutual of America Capital Management LLC | 14,928 | $144.5K | 0.00% | +298+2.0% | Added |
| Nisa Investment Advisors, LLC | 13,928 | $139.7K | 0.00% | −6,254−31.0% | Reduced |
| Pictet Asset Management Holding SA | 13,835 | $133.9K | 0.00% | 00.0% | Unchanged |
| Pathstone Holdings, LLC | 13,182 | $127.6K | 0.00% | −25−0.2% | Reduced |
| CIBC Asset Management Inc | 13,036 | $126.2K | 0.00% | +376+3.0% | Added |
| Landscape Capital Management, L.L.C. | 12,847 | $124.4K | 0.01% | +12,847 | New |
| Crossmark Global Holdings, Inc. | 12,370 | $119.7K | 0.00% | 00.0% | Unchanged |
| Evoke Wealth, LLC | 12,028 | $119.5K | 0.00% | +40+0.3% | Added |
| Institute for Wealth Management, LLC. | 12,093 | $117.1K | 0.01% | +200+1.7% | Added |
| Independent Financial Group, LLC | 12,050 | $116.6K | 0.00% | +500+4.3% | Added |
| Abel Hall, LLC | 11,995 | $116.1K | 0.03% | −53−0.4% | Reduced |
| Legacy Financial Strategies, LLC | 11,700 | $113.3K | 0.02% | 00.0% | Unchanged |
| Ameritas Investment Partners, Inc. | 11,675 | $113.0K | 0.00% | 00.0% | Unchanged |
| Neuberger Berman Group LLC | 11,522 | $111.5K | 0.00% | −679−5.6% | Reduced |
| Xponance, Inc. | 10,945 | $105.9K | 0.00% | +60+0.6% | Added |
| Bartlett & Co. Wealth Management LLC | 10,625 | $105.5K | 0.00% | 00.0% | Unchanged |
| MML Investors Services, LLC | 10,863 | $105.2K | 0.00% | +10,863 | New |
| Oak Thistle LLC | 10,859 | $105.1K | 0.01% | +10,859 | New |
| HighPoint Advisor Group LLC | 10,707 | $103.6K | 0.00% | −1,149−9.7% | Reduced |
| Ethic Inc. | 10,568 | $102.3K | 0.00% | +10,568 | New |
| Anfield Capital Management, LLC | 10,462 | $101.3K | 0.03% | −400−3.7% | Reduced |
| Steward Partners Investment Advisory, LLC | 10,438 | $101.0K | 0.00% | +9,438+943.8% | Added |
| Mutual Advisors, LLC | 10,094 | $97.7K | 0.00% | +58+0.6% | Added |
| KBC Group NV | 8,092 | $78.0K | 0.00% | +3,985+97.0% | Added |
| EverSource Wealth Advisors, LLC | 7,749 | $75.0K | 0.00% | −597−7.2% | Reduced |
| Wealth Enhancement Trust Services, Inc. | 7,660 | $74.1K | 0.01% | +7,660 | New |
| Smartleaf Asset Management LLC | 7,462 | $74.0K | 0.00% | +1,183+18.8% | Added |
| Resources Management Corp | 6,700 | $65.0K | 0.01% | 00.0% | Unchanged |
| Tower Research Capital LLC (TRC) | 6,111 | $59.2K | 0.00% | +957+18.6% | Added |
| Ensign Peak Advisors, Inc | 6,015 | $58.2K | 0.00% | −25,900−81.2% | Reduced |
| Pinnacle Wealth Planning Services, Inc. | 5,610 | $54.3K | 0.01% | +5,610 | New |
| Farther Finance Advisors, LLC | 5,037 | $48.8K | 0.00% | +1,892+60.2% | Added |
| EMC Capital Management | 4,941 | $48.0K | 0.02% | −872−15.0% | Reduced |
| Danske Bank A/S | 4,900 | $47.4K | 0.00% | 00.0% | Unchanged |
| GWM Advisors LLC | 4,606 | $44.6K | 0.00% | −16−0.3% | Reduced |
| Sterling Capital Management LLC | 4,533 | $43.9K | 0.00% | −511−10.1% | Reduced |
| Signaturefd, LLC | 4,474 | $43.3K | 0.00% | +305+7.3% | Added |
| Public Employees Retirement System of Ohio | 4,076 | $39.5K | 0.00% | −213−5.0% | Reduced |
| Parallel Advisors, LLC | 2,879 | $27.9K | 0.00% | −162−5.3% | Reduced |
| GAMMA Investing LLC | 2,832 | $27.4K | 0.00% | +1,066+60.4% | Added |
| US Bancorp | 2,469 | $23.9K | 0.00% | +87+3.7% | Added |
| Versant Capital Management, Inc | 2,418 | $23.4K | 0.00% | 00.0% | Unchanged |