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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, Q1 2026

Institutional positions in Apollo Commercial Real Estate Finance, Inc. as of Mar 31, 2026. 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
271
+17 vs. Q4 2025
Shares held
85.9M
+18.9M (+28.3%) vs. Q4 2025
Total value
$908.0M
+$258.6M (+39.8%) vs. Q4 2025
New holders
48
83 more added
Sold out
31
89 more reduced

8 institutions that held it in Q4 2025 haven't filed for Q1 2026 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.

Compare with Q4 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 holdersQ1 2026: 271 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 heldQ1 2026: $908.0M
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, Q1 2026

Shares, value and share of portfolio for each institution holding Apollo Commercial Real Estate Finance, Inc.; share changes are against Q4 2025.

Institutions holding ARI in Q1 2026
InstitutionSharesValue% of portfolioChange in sharesAction
Deutsche Bank AG121,416$1.28M0.00%+13,722+12.7%Added
AlphaCore Capital LLC120,377$1.30M0.03%+942+0.8%Added
Advisors Asset Management, Inc.125,781$1.33M0.02%+56,655+82.0%Added
Merit Financial Group, LLC128,997$1.36M0.01%+1,568+1.2%Added
Wealth Enhancement Advisory Services, LLC128,375$1.36M0.00%−83,084−39.3%Reduced
Prudential Financial Inc136,696$1.44M0.00%−6,860−4.8%Reduced
California State Teachers Retirement System139,738$1.48M0.00%+17,755+14.6%Added
Price T Rowe Associates Inc148,176$1.56M0.00%+28,599+23.9%Added
Truvestments Capital LLC153,111$1.62M0.29%+153,111New
Jane Street Group, LLC153,192$1.62M0.00%+51,053+50.0%Added
Hennion & Walsh Asset Management, Inc.153,450$1.62M0.05%+24,649+19.1%Added
Family Management Corp159,283$1.68M0.20%+159,283New
Alpine Global Management, LLC167,773$1.77M0.27%+167,773New
Alliancebernstein L.P.194,817$1.89M0.00%00.0%Unchanged
Wolverine Asset Management LLC178,634$1.89M0.03%00.0%Unchanged
New York State Teachers Retirement System180,619$1.91M0.00%−15,452−7.9%Reduced
Two Sigma Investments, LP199,270$2.10M0.00%−63,881−24.3%Reduced
Prelude Capital Management, LLC200,000$2.11M0.16%−25,000−11.1%Reduced
One William Street Capital Management, L.P.200,000$2.11M4.06%+200,000New
Davidson Kempner Capital Management LP219,217$2.31M0.04%+219,217New
Wells Fargo & Company219,307$2.32M0.00%−96,740−30.6%Reduced
New Age Alpha Advisors, LLC230,070$2.43M0.11%−8,736−3.7%Reduced
PEAK6 LLC232,539$2.46M0.07%+232,539New
Swiss National Bank260,239$2.75M0.00%00.0%Unchanged
BI Asset Management Fondsmaeglerselskab A/S264,070$2.79M0.03%−15,691−5.6%Reduced
Balyasny Asset Management LLC276,134$2.92M0.01%−241,794−46.7%Reduced
Purpose Unlimited Inc.277,178$2.93M0.12%+30,000+12.1%Added
Brevan Howard Capital Management LP304,972$3.18M0.03%+304,972New
NewGen Asset Management Ltd305,670$3.23M1.96%+305,670New
Ameriprise Financial Inc307,163$3.26M0.00%−12,570−3.9%Reduced
Legal & General Group Plc319,353$3.37M0.00%−1,069−0.3%Reduced
AQR Capital Management LLC321,544$3.40M0.00%+8,069+2.6%Added
LPL Financial LLC325,854$3.44M0.00%−27,419−7.8%Reduced
Renaissance Technologies LLC327,540$3.46M0.01%+327,540New
Nuveen, LLC334,905$3.54M0.00%−53,625−13.8%Reduced
Carmel Capital Partners, LLC336,262$3.55M1.28%+21,761+6.9%Added
Susquehanna International Group, LLP337,406$3.56M0.00%+311,542+1,204.5%Added
UBS Asset Management Americas Inc342,414$3.62M0.00%−35,059−9.3%Reduced
Allianz Asset Management GmbH343,615$3.63M0.00%−101,157−22.7%Reduced
XTX Topco Ltd361,761$3.82M0.07%+361,761New
Nomura Holdings Inc368,083$3.89M0.03%+258,613+236.2%Added
Bank of America Corp382,239$4.04M0.00%+56,746+17.4%Added
Rhumbline Advisers389,837$4.12M0.00%+4,697+1.2%Added
Cura Wealth Advisors, LLC437,233$4.62M2.07%−386,000−46.9%Reduced
Readystate Asset Management LP450,770$4.76M0.28%+450,770New
Goldman Sachs Group Inc456,788$4.82M0.00%−297,952−39.5%Reduced
Public Sector Pension Investment Board469,417$4.96M0.02%+16,743+3.7%Added
Edgestream Partners, L.P.501,541$5.30M0.17%−45,869−8.4%Reduced
Hotchkis & Wiley Capital Management LLC613,662$6.48M0.02%−21,800−3.4%Reduced
Principal Financial Group Inc640,301$6.76M0.00%−213,593−25.0%Reduced
JPMorgan Chase & Co651,535$6.87M0.00%−12,954−1.9%Reduced
Apollo Management Holdings, L.P.665,573$7.03M0.12%00.0%Unchanged
Azora Capital LP708,335$7.48M0.49%+708,335New
UBS Group AG755,540$7.98M0.00%+200,408+36.1%Added
First Trust Advisors LP782,514$8.26M0.01%+146,131+23.0%Added
Empyrean Capital Partners, LP883,751$9.33M0.31%+883,751New
Vanguard Fiduciary Trust Co889,864$9.40M0.00%+889,864New
Bank of New York Mellon Corp930,396$9.82M0.00%−7,828−0.8%Reduced
Van Eck Associates Corp1,236,648$13.1M0.01%+51,427+4.3%Added
Millennium Management LLC1,286,506$13.6M0.01%+782,452+155.2%Added
Northern Trust Corp1,696,864$17.9M0.00%+49,771+3.0%Added
Morgan Stanley1,780,963$18.8M0.00%−169,771−8.7%Reduced
Charles Schwab Investment Management Inc2,157,978$22.8M0.00%−45,430−2.1%Reduced
Invesco Ltd.2,170,664$22.9M0.00%+926,187+74.4%Added
Mirae Asset Global ETFs Holdings Ltd.2,744,906$29.0M0.04%+535,478+24.2%Added
Geode Capital Management, LLC3,324,652$35.1M0.00%+157,639+5.0%Added
No Street GP LP3,350,000$35.4M2.36%+118,905+3.7%Added
State Street Corp5,266,219$56.9M0.00%−32,143−0.6%Reduced
Vanguard Capital Management LLC6,404,943$67.6M0.00%+6,404,943New
Vanguard Portfolio Management LLC7,936,417$83.8M0.00%+7,936,417New
BlackRock, Inc.21,183,896$223.7M0.00%−42,767−0.2%Reduced
Tudor Investment Corp Et Al0$00.00%−584,800−100.0%Sold out
Waterfall Asset Management, LLC0$00.00%−569,000−100.0%Sold out
Qube Research & Technologies Ltd0$00.00%−402,916−100.0%Sold out
Lighthouse Investment Partners, LLC0$00.00%−290,695−100.0%Sold out
Y-Intercept (Hong Kong) Ltd0$00.00%−190,922−100.0%Sold out
Am Investment Strategies LLC0$00.00%−155,731−100.0%Sold out
Palogic Value Management, L.P.0$00.00%−131,809−100.0%Sold out
Mackenzie Financial Corp0$00.00%−126,747−100.0%Sold out
VARCOV Co.0$00.00%−48,672−100.0%Sold out
Two Sigma Advisers, LP0$00.00%−37,800−100.0%Sold out
Weiss Asset Management LP0$00.00%−37,162−100.0%Sold out
Verition Fund Management LLC0$00.00%−33,900−100.0%Sold out
Dynamic Technology Lab Private Ltd0$00.00%−31,560−100.0%Sold out
MQS Management LLC0$00.00%−23,468−100.0%Sold out
Jump Financial, LLC0$00.00%−23,015−100.0%Sold out
Guggenheim Capital LLC0$00.00%−22,819−100.0%Sold out
PharVision Advisers, LLC0$00.00%−22,350−100.0%Sold out
Jupiter Asset Management Ltd0$00.00%−22,009−100.0%Sold out
Engineers Gate Manager LP0$00.00%−19,592−100.0%Sold out
Profund Advisors LLC0$00.00%−16,156−100.0%Sold out
Quest Partners LLC0$00.00%−16,074−100.0%Sold out
Evoke Wealth, LLC0$00.00%−12,028−100.0%Sold out
Institute for Wealth Management, LLC.0$00.00%−12,093−100.0%Sold out
Oak Thistle LLC0$00.00%−10,859−100.0%Sold out
HighPoint Advisor Group LLC0$00.00%−10,707−100.0%Sold out
Ethic Inc.0$00.00%−10,568−100.0%Sold out
Quarry LP0$00.00%−2,312−100.0%Sold out
Torren Management, LLC0$00.00%−722−100.0%Sold out
Garton & Associates Financial Advisors LLC0$00.00%−708−100.0%Sold out