Security Snapshot

Apollo Commercial Real Estate Finance, Inc. - Common Stock (ARI) Institutional Ownership

CUSIP: 03762U105

13F Institutional Holders and Ownership History from Q1 2014 to Q1 2026

Latest Period

Q4 2025

Institutions Reporting

257

Shares (Excl. Options)

82,197,788

Price

$9.68

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Type / Class
Equity / Common Stock
Symbol
ARI on NYSE
Shares outstanding
139,011,651
Price per share
$10.55
All holders as of 31 Dec 2025
Q4 2025
Total 13F shares
82,197,788
Total reported value
$797,266,650
% of total 13F portfolios
0%
Share change
+2,167,051
Value change
+$20,519,729
Number of holders
257
Price from insider filings
$10.55
Reported Shares, Excluding Options vs Price
Reported Value, Excluding Options
Total Investors

Quick Takeaways

  • ARI - Apollo Commercial Real Estate Finance, Inc. - Common Stock is tracked under CUSIP 03762U105.
  • 257 institutions reported positions in Q4 2025.
  • 3 significant owners is listed from Schedule 13D/13G reporting.

What Changed

  • Holder count moved from 257 to 112 between Q4 2025 and Q1 2026.
  • Reported value moved from $797,266,650 to $243,307,135.

Why This Matters

  • You can quickly see who holds this security, then open quarter and manager detail pages for full evidence.
  • 13F and Schedule 13D/13G sections are kept together so you can cross-check institutional and beneficial ownership context.

Source Evidence

Source: SEC Form 13F

Latest holder context comes from 257 institutions filings for Q4 2025.

Open SEC Evidence

Investment Quick Answers

What is CUSIP 03762U105?
CUSIP 03762U105 identifies ARI - Apollo Commercial Real Estate Finance, Inc. - Common Stock in SEC 13F datasets.

Where can I see the latest institutional holders?
Review the Q4 2025 holders report and the ownership history table below.

Significant Owners of Apollo Commercial Real Estate Finance, Inc. - Common Stock (ARI) based on Schedule 13D/G filings

Filer Ownership Change % Holdings Value Net Change Nb Shares Change % Reporting Name Report Period
BlackRock, Inc. 15% $201,249,881 20,790,277 BlackRock, Inc. 30 Jun 2025
VANGUARD PORTFOLIO MANAGEMENT LLC 5.8% $84,729,617 8,023,638 Vanguard Portfolio Management 31 Mar 2026
VANGUARD CAPITAL MANAGEMENT LLC 5.3% $78,242,430 7,409,321 Vanguard Capital Management 31 Mar 2026

As of 31 Dec 2025, 257 institutional investors reported holding 82,197,788 shares of Apollo Commercial Real Estate Finance, Inc. - Common Stock (ARI). This represents 59% of the company’s total 139,011,651 outstanding shares.

Top 25 Institutional Shareholders

The largest institutional shareholders of Apollo Commercial Real Estate Finance, Inc. - Common Stock (ARI) together control 49% of the company’s outstanding shares — a level of ownership often associated with strong institutional conviction and long‑term capital commitment.

Institution Ownership % Shares Held Share Change % Portfolio % Holdings Value
BlackRock, Inc. 15% 21,226,663 +1% 0% $205,474,102
VANGUARD GROUP INC 11% 15,092,682 -0.76% 0% $146,097,162
STATE STREET CORP 3.8% 5,298,362 +1.1% 0% $52,588,068
No Street GP LP 2.3% 3,231,095 +7.7% 2.1% $31,277,000
GEODE CAPITAL MANAGEMENT, LLC 2.3% 3,167,013 +0.29% 0% $30,661,881
MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. 1.6% 2,209,428 +5.9% 0.03% $21,387,263
CHARLES SCHWAB INVESTMENT MANAGEMENT INC 1.6% 2,203,408 -2.7% 0% $21,328,989
MORGAN STANLEY 1.4% 1,950,734 +22% 0% $18,883,121
NORTHERN TRUST CORP 1.2% 1,647,093 -5.8% 0% $15,943,860
Invesco Ltd. 0.9% 1,244,477 +14% 0% $12,046,539
VAN ECK ASSOCIATES CORP 0.85% 1,185,221 +15% 0.01% $11,473,000
Bank of New York Mellon Corp 0.67% 938,224 -2.8% 0% $9,082,011
PRINCIPAL FINANCIAL GROUP INC 0.61% 853,894 +10% 0% $8,265,695
CURA WEALTH ADVISORS, LLC 0.59% 823,233 -1% 3% $7,968,895
GOLDMAN SACHS GROUP INC 0.54% 754,740 +17% 0% $7,305,883
Apollo Management Holdings, L.P. 0.48% 665,573 0% 0.06% $6,442,747
JPMORGAN CHASE & CO 0.48% 664,489 -3.7% 0% $6,432,253
FIRST TRUST ADVISORS LP 0.46% 636,383 +710% 0% $6,160,187
HOTCHKIS & WILEY CAPITAL MANAGEMENT LLC 0.46% 635,462 0% 0.02% $6,151,272
TUDOR INVESTMENT CORP ET AL 0.42% 584,800 +80% 0.03% $5,660,864
WATERFALL ASSET MANAGEMENT, LLC 0.41% 569,000 3% $5,557,451
UBS Group AG 0.4% 555,132 +14% 0% $5,373,679
Edgestream Partners, L.P. 0.39% 547,410 +18% 0.15% $5,298,929
Balyasny Asset Management L.P. 0.37% 517,928 +33% 0.01% $5,013,543
MILLENNIUM MANAGEMENT LLC 0.36% 504,054 +2574% 0% $4,879,243

Institutional Holders of Apollo Commercial Real Estate Finance, Inc. - Common Stock (ARI) across Reporting Periods

Period Reported Shares, Excl. Options Value, Excl. Options Value Change Price (Median) Investors
2026 Q1 23,036,098 $243,307,135 -$12,675,467 $10.56 112
2025 Q4 82,197,788 $797,266,650 +$20,519,729 $9.68 257
2025 Q3 79,793,255 $809,674,269 +$7,740,169 $10.13 258
2025 Q2 79,115,355 $767,170,115 -$5,124,276 $9.68 249
2025 Q1 79,632,780 $763,332,473 +$15,392,280 $9.57 247
2024 Q4 77,829,195 $675,540,895 +$8,692,337 $8.66 233
2024 Q3 76,000,229 $699,389,240 -$9,029,892 $9.19 234
2024 Q2 76,903,973 $754,946,368 -$10,782,736 $9.79 229
2024 Q1 76,561,878 $853,085,125 -$8,289,532 $11.14 234
2023 Q4 77,224,256 $908,481,571 +$18,313,751 $11.74 227
2023 Q3 75,833,204 $770,045,490 -$14,874,987 $10.13 223
2023 Q2 77,090,344 $874,152,559 -$29,919,494 $11.32 233
2023 Q1 80,008,280 $746,665,654 +$14,396,279 $9.31 242
2022 Q4 78,438,873 $846,016,769 +$6,090,089 $10.76 242
2022 Q3 77,643,462 $646,453,411 -$5,459,989 $8.30 212
2022 Q2 78,289,469 $819,911,380 -$27,079,861 $10.44 222
2022 Q1 81,200,428 $1,132,747,869 +$4,858,308 $13.93 220
2021 Q4 80,993,888 $1,068,195,373 -$71,730,935 $13.16 222
2021 Q3 82,751,561 $1,229,360,805 -$21,407,015 $14.83 204
2021 Q2 83,999,039 $1,341,155,053 -$27,309,988 $15.95 212
2021 Q1 86,049,795 $1,205,332,829 -$20,642,609 $13.97 216
2020 Q4 86,603,637 $969,063,448 -$44,111,299 $11.17 230
2020 Q3 90,921,120 $820,881,220 -$63,508,238 $9.01 214
2020 Q2 97,999,196 $963,095,346 -$40,699,706 $9.81 213
2020 Q1 102,862,497 $765,406,325 -$30,337,449 $7.42 237
2019 Q4 104,310,682 $1,910,177,836 +$5,378,756 $18.29 258
2019 Q3 103,405,605 $1,984,398,633 +$24,478,821 $19.17 240
2019 Q2 102,135,915 $1,879,718,709 +$192,172,735 $18.39 240
2019 Q1 92,333,202 $1,679,760,139 +$2,310,779 $18.20 247
2018 Q4 92,541,968 $1,539,494,557 +$15,615,124 $16.66 245
2018 Q3 91,074,100 $1,716,279,068 +$49,144,072 $18.87 238
2018 Q2 89,561,599 $1,636,442,148 +$82,813,102 $18.28 235
2018 Q1 85,227,489 $1,532,430,367 +$170,840,586 $17.98 234
2017 Q4 76,118,236 $1,400,245,487 +$15,505,952 $18.45 217
2017 Q3 74,719,387 $1,353,193,922 +$39,394,001 $18.11 202
2017 Q2 72,614,178 $1,346,627,129 +$316,212,094 $18.55 193
2017 Q1 55,479,331 $1,043,518,272 +$177,590,821 $18.81 178
2016 Q4 52,901,770 $879,492,077 +$85,756,460 $16.62 192
2016 Q3 47,799,648 $782,373,673 +$98,366,021 $16.37 178
2016 Q2 41,879,997 $673,030,038 -$15,847,573 $16.07 167
2016 Q1 42,758,512 $696,934,233 +$34,906,467 $16.30 169
2015 Q4 40,890,653 $704,506,356 +$18,711,262 $17.23 164
2015 Q3 39,821,443 $625,669,524 +$4,371,638 $15.71 164
2015 Q2 39,743,831 $653,029,824 -$26,053,382 $16.43 164
2015 Q1 41,292,841 $709,349,079 +$156,339,308 $17.18 160
2014 Q4 32,145,824 $526,968,292 -$9,514,677 $16.36 141
2014 Q3 32,671,871 $513,681,350 +$8,215,538 $15.71 152
2014 Q2 31,296,586 $515,977,057 +$106,143,131 $16.49 142
2014 Q1 24,853,012 $413,169,706 +$32,597,966 $16.63 129
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