ARI

Apollo Commercial Real Estate Finance, Inc.

Company with tickers: ARI

CIK
1467760
CUSIP
03762U105
Shares Outstanding
132,849,702
Holders: 270
Total Value: $905,565,145
Total Shares: 85,754,290
Showing 1–100 of 279 holdings by value · page 1 of 3

Institutional Ownership Trend

22 quarters

Holder Concentration

Across 270 13F filers · Δ vs Dec 31, 2025
Top Holder
24.7%
Jun 2023 → Mar 2026 · range 24.7% – 100.0%
−47.7 pts
Top 5
51.5%
Jun 2023 → Mar 2026 · range 51.5% – 100.0%
−48.5 pts
Top 10
65.4%
Jun 2023 → Mar 2026 · range 65.4% – 100.0%
−34.6 pts
HHI
866
Jun 2023 → Mar 2026 · range 866 – 9,999
Broadly held −4,942

Quarterly Activity

vs Dec 31, 2025
New
265
Increased
2
Decreased
3
Sold Out
1
Unchanged
0
Holder count: +264
Institutional value: +8872.6%
Shares held: +8124.9%

Top Buyers

vs Dec 31, 2025
Institution Added Now Holds
Large Rockefeller Capital Management L.P. +73,937 97,048
Mid Purpose Unlimited Inc. +30,000 277,178

Top Sellers

vs Dec 31, 2025
Institution Sold Now Holds
Mega GOLDMAN SACHS GROUP INC −297,952 456,788
Mid INDEPENDENT FINANCIAL GROUP, LLC −400 11,650
Small Essential Partners LLC −132 471

Top New Positions

vs Dec 31, 2025
Institution Acquired Value (USD)
Mega BlackRock, Inc. 21,183,896 $223,701,934
Mega VANGUARD PORTFOLIO MANAGEMENT LLC 7,936,417 $83,808,563
Mega VANGUARD CAPITAL MANAGEMENT LLC 6,404,943 $67,636,198
Mega STATE STREET CORP 5,266,219 $55,611,272
Mid No Street GP LP 3,350,000 $35,376,000

Top Sold-Out Positions

vs Dec 31, 2025
Institution Previously Held Last Value (USD)
Small EMC Capital Management 4,941 $47,828
100 of 100 shown
Export CSV
Holder Value (USD) % of 13F Shares Action
Mega BlackRock, Inc. $223,701,934 24.70% 21,183,896 View
Mega VANGUARD PORTFOLIO MANAGEMENT LLC $83,808,563 9.25% 7,936,417 View
Mega VANGUARD CAPITAL MANAGEMENT LLC $67,636,198 7.47% 6,404,943 View
Mega STATE STREET CORP $55,611,272 6.14% 5,266,219 View
Mid No Street GP LP $35,376,000 3.91% 3,350,000 View
Mega GEODE CAPITAL MANAGEMENT, LLC $35,108,324 3.88% 3,324,652 View
Large MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. $28,986,207 3.20% 2,744,906 View
Mega Invesco Ltd. $22,922,210 2.53% 2,170,664 View
Mega CHARLES SCHWAB INVESTMENT MANAGEMENT INC $22,788,247 2.52% 2,157,978 View
Mega MILLENNIUM MANAGEMENT LLC $13,585,503 1.50% 1,286,506 View
Mega VAN ECK ASSOCIATES CORP $13,059,002 1.44% 1,236,648 View
Mega Bank of New York Mellon Corp $9,824,978 1.08% 930,396 View
Mega VANGUARD FIDUCIARY TRUST CO $9,396,963 1.04% 889,864 View
Mid Empyrean Capital Partners, LP $9,332,410 1.03% 883,751 View
Mega UBS Group AG $8,289,600 0.92% 785,000 View
Mega FIRST TRUST ADVISORS LP $8,263,347 0.91% 782,514 View
Mega UBS Group AG $7,978,500 0.88% 755,540 View
Mid Azora Capital LP $7,480,017 0.83% 708,335 View
Mega SUSQUEHANNA INTERNATIONAL GROUP, LLP $7,131,168 0.79% 675,300 View
Mid Apollo Management Holdings, L.P. $7,028,450 0.78% 665,573 View
Mega JPMORGAN CHASE & CO $6,880,207 0.76% 651,535 View
Mega PRINCIPAL FINANCIAL GROUP INC $6,761,578 0.75% 640,301 View
Large HOTCHKIS & WILEY CAPITAL MANAGEMENT LLC $6,480,270 0.72% 613,662 View
Large PEAK6 LLC $5,706,624 0.63% 540,400 View
Mid Edgestream Partners, L.P. $5,296,272 0.58% 501,541 View
Mega MORGAN STANLEY $5,181,718 0.57% 490,693 View
Large Public Sector Pension Investment Board $4,957,043 0.55% 469,417 View
Mega GOLDMAN SACHS GROUP INC $4,823,680 0.53% 456,788 View
Mid READYSTATE ASSET MANAGEMENT LP $4,760,131 0.53% 450,770 View
Small CURA WEALTH ADVISORS, LLC $4,617,180 0.51% 437,233 View
Mega RHUMBLINE ADVISERS $4,116,678 0.45% 389,837 View
Mega BANK OF AMERICA CORP /DE/ $4,036,443 0.45% 382,239 View
Large NOMURA HOLDINGS INC $3,886,956 0.43% 368,083 View
Mid XTX Topco Ltd $3,820,196 0.42% 361,761 View
Large Allianz Asset Management GmbH $3,628,574 0.40% 343,615 View
Mega UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC $3,615,888 0.40% 342,414 View
Mega SUSQUEHANNA INTERNATIONAL GROUP, LLP $3,563,007 0.39% 337,406 View
Mega JANE STREET GROUP, LLC $3,552,384 0.39% 336,400 View
Small Carmel Capital Partners, LLC $3,550,926 0.39% 336,262 View
Mega Nuveen, LLC $3,536,596 0.39% 334,905 View
Large RENAISSANCE TECHNOLOGIES LLC $3,458,822 0.38% 327,540 View
Mega LPL Financial LLC $3,441,018 0.38% 325,854 View
Mega AQR CAPITAL MANAGEMENT LLC $3,395,503 0.37% 321,544 View
Mega Legal & General Group Plc $3,372,366 0.37% 319,353 View
Mega AMERIPRISE FINANCIAL INC $3,243,640 0.36% 307,163 View
Small NewGen Asset Management Ltd $3,227,875 0.36% 305,670 View
Mid Brevan Howard Capital Management LP $3,220,504 0.36% 304,972 View
Mega CITADEL ADVISORS LLC $3,020,160 0.33% 286,000 View
Mid Purpose Unlimited Inc. $2,926,999 0.32% 277,178 View
Large Balyasny Asset Management L.P. $2,915,975 0.32% 276,134 View
Mid BI Asset Management Fondsmaeglerselskab A/S $2,788,579 0.31% 264,070 View
Mega Swiss National Bank $2,748,123 0.30% 260,239 View
Large PEAK6 LLC $2,455,611 0.27% 232,539 View
Mid New Age Alpha Advisors, LLC $2,429,539 0.27% 230,070 View
Mega WELLS FARGO & COMPANY/MN $2,315,881 0.26% 219,307 View
Mid Davidson Kempner Capital Management LP $2,314,931 0.26% 219,217 View
Micro One William Street Capital Management, L.P. $2,112,000 0.23% 200,000 View
Mid PRELUDE CAPITAL MANAGEMENT, LLC $2,112,000 0.23% 200,000 View
Mega TWO SIGMA INVESTMENTS, LP $2,104,291 0.23% 199,270 View
Mega ALLIANCEBERNSTEIN L.P. $2,057,267 0.23% 194,817 View
Large NEW YORK STATE TEACHERS RETIREMENT SYSTEM $1,907,336 0.21% 180,619 View
Mid WOLVERINE ASSET MANAGEMENT LLC $1,886,375 0.21% 178,634 View
Small Alpine Global Management, LLC $1,771,682 0.20% 167,773 View
Small Family Manage LLC $1,682,028 0.19% 159,283 View
Mid Hennion & Walsh Asset Management, Inc. $1,620,432 0.18% 153,450 View
Mega JANE STREET GROUP, LLC $1,617,706 0.18% 153,192 View
Small Truvestments Capital LLC $1,616,852 0.18% 153,111 View
Mega PRICE T ROWE ASSOCIATES INC /MD/ $1,564,738 0.17% 148,176 View
Large CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM $1,475,633 0.16% 139,738 View
Large PRUDENTIAL FINANCIAL INC $1,443,509 0.16% 136,696 View
Mid Merit Financial Group, LLC $1,362,205 0.15% 128,997 View
Large WEALTH ENHANCEMENT ADVISORY SERVICES, LLC $1,355,640 0.15% 128,375 View
Mid Advisors Asset Management, Inc. $1,328,247 0.15% 125,781 View
Mega DEUTSCHE BANK AG\ $1,282,152 0.14% 121,416 View
Mid AlphaCore Capital LLC $1,271,181 0.14% 120,377 View
Mid SIMPLEX TRADING, LLC $1,263,651 0.14% 119,664 View
Mid Penserra Capital Management LLC $1,249,617 0.14% 118,335 View
Small NOVARE CAPITAL MANAGEMENT LLC $1,205,688 0.13% 114,175 View
Large CANADA LIFE ASSURANCE Co $1,193,670 0.13% 113,037 View
Large Thrivent Financial for Lutherans $1,190,661 0.13% 112,752 View
Mid Brooklyn Investment Group $1,187,693 0.13% 112,471 View
Mega VANGUARD ASSET MANAGEMENT, Ltd $1,183,100 0.13% 112,036 View
Mega CITADEL ADVISORS LLC $1,136,847 0.13% 107,656 View
Small AMERICAN FINANCIAL GROUP INC $1,110,426 0.12% 105,154 View
Small Troluce Capital Advisors LLC $1,106,688 0.12% 104,800 View
Mega RAYMOND JAMES FINANCIAL INC $1,062,990 0.12% 100,662 View
Mega VICTORY CAPITAL MANAGEMENT INC $1,046,168 0.12% 99,069 View
Large Rockefeller Capital Management L.P. $1,024,825 0.11% 97,048 View
Micro LDR Capital Management LLC $1,004,583 0.11% 95,131 View
Mega SUSQUEHANNA INTERNATIONAL GROUP, LLP $991,584 0.11% 93,900 View
Mid NORTHERN TRUST CORP $921,212 0.10% 87,236 View
Large Kestra Advisory Services, LLC $907,526 0.10% 85,940 View
Large Lido Advisors, LLC $799,645 0.09% 75,724 View
Large MetLife Investment Management, LLC $772,305 0.09% 73,135 View
Small Samalin Investment Counsel, LLC $763,055 0.08% 72,259 View
Mega BANK OF MONTREAL /CAN/ $760,201 0.08% 71,989 View
Mid PFG Investments, LLC $758,524 0.08% 71,830 View
Small Sophron Capital Management L.P. $744,311 0.08% 70,484 View
Large Parallax Volatility Advisers, L.P. $739,200 0.08% 70,000 View
Mid OSAIC HOLDINGS, INC. $734,236 0.08% 69,530 View
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