Apollo Commercial Real Estate Finance, Inc.
US ˙ NYSE ˙ US03762U1051

SecurityARI / Apollo Commercial Real Estate Finance, Inc.
InstitutionApollo Management Holdings, L.P.
Latest Disclosed Ownership665,573 shares
Latest Disclosed Value $ 7,028,451
Apollo Management Holdings, L.P. ownership in ARI / Apollo Commercial Real Estate Finance, Inc.

On May 15, 2026 - Apollo Management Holdings, L.P. filed a 13F-HR form disclosing ownership of 665,573 shares of Apollo Commercial Real Estate Finance, Inc. (US:ARI) valued at $7,028,451 USD as of March 31, 2026. The entity filed a previous 13F-HR on February 17, 2026 disclosing 665,573 shares of Apollo Commercial Real Estate Finance, Inc.. This represents a change in shares of 0.00% during the quarter. The current value of the position is $7,307,992 USD.

Institutional Ownership: 13F and NPORT Filings

The Security and Class in the table below are shown exactly as filed by the investor. We do our best to track continuity of investments through acquisitions, and this will be reflected in the table as changes in names. In addition to descriptive data, performance of the investment is shown over time. To calculate quarterly performance, we first calculate cost basis of the shares purchased during the quarter, then use that to calculate gross profit. Quarterly return is Gross Profit / Starting Portfolio value.

Note that cost basis is calculated and stored in thousands, so small quarterly changes in shares frequently result in a cost basis of zero.

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Disclosed Equity Positions (from 13F/NPORT Filings)
File
Date		 Effective
Date		Form Security Class ID Avg Price
Paid (Est)		 Reported
Shares		 ΔShares ΔShares
(%)		 Reported
Value
(x1000)		 ΔValue
(%)		 Alloc
(%)		 ΔAlloc ΔAlloc (%) Cost Basis
(x1000)		 Unrealized
Gain/Loss
(x1000)
2026-05-15 2026-03-31 13F APOLLO COML REAL ESTATE FIN COM 03762U105 665,573 0 0.00 7,028 9.10 0.0921
2026-02-17 2025-12-31 13F APOLLO COML REAL EST FIN COM 03762U105 665,573 0 0.00 6,443 -4.45 0.0527
2025-11-14 2025-09-30 13F APOLLO COML REAL EST FIN COM 03762U105 665,573 0 0.00 6,742 4.66 0.0739
2025-08-18 2025-06-30 13F/A-1 APOLLO COML REAL EST FIN COM 03762U105 665,573 0 0.00 6,443 1.15 0.0853
2025-08-14 2025-06-30 13F APOLLO COML REAL EST FIN COM 03762U105 665,573 0 6,443 0.0832
2025-05-15 2025-03-31 13F APOLLO COML REAL EST FIN COM 03762U105 665,573 0 0.00 6,370 10.52 0.1215
2025-02-14 2024-12-31 13F APOLLO COML REAL EST FIN COM 03762U105 665,573 0 0.00 5,764 -5.77 0.0796
2024-11-14 2024-09-30 13F APOLLO COML REAL EST FIN COM 03762U105 665,573 0 0.00 6,117 -6.12 0.0846
2024-08-14 2024-06-30 13F APOLLO COML REAL EST FIN COM 03762U105 665,573 0 0.00 6,516 -12.13 0.0949
2024-05-15 2024-03-31 13F APOLLO COML REAL EST FIN COM 03762U105 665,573 0 0.00 7,414 -5.11 0.0988
2024-02-14 2023-12-31 13F APOLLO COML REAL EST FIN COM 03762U105 665,573 0 0.00 7,814 15.89 0.0781
2023-11-15 2023-09-30 13F/A-1 APOLLO COML REAL EST FIN COM 03762U105 665,573 0 0.00 6,742 -10.51 0.0692
2023-11-14 2023-09-30 13F APOLLO COML REAL EST FIN COM 03762U105 665,573 0 6,742 0.0671
2023-12-01 2023-06-30 13F/A-1 APOLLO COML REAL EST FIN COM 03762U105 665,573 0 0.00 7,534 21.59 0.0641
2023-08-14 2023-06-30 13F APOLLO COML REAL EST FIN COM 03762U105 665,573 0 7,534 0.0630
2023-12-01 2023-03-31 13F/A-1 APOLLO COML REAL EST FIN COM 03762U105 665,573 -539 -0.08 6,196 88,414.29 0.0541
2023-05-16 2023-03-31 13F APOLLO COML REAL EST FIN COM 03762U105 665,573 -539 6,196 0.0536
2023-02-14 2022-12-31 13F APOLLO COML REAL EST FIN COM 03762U105 666,112 0 0.00 7 -99.87 0.0506
2022-11-14 2022-09-30 13F APOLLO COML REAL EST FIN COM 03762U105 666,112 0 0.00 5,529 -20.49 0.0425
2022-08-16 2022-06-30 13F APOLLO COML REAL EST FIN COM 03762U105 666,112 0 0.00 6,954 -25.06 0.0491
2022-05-16 2022-03-31 13F APOLLO COML REAL EST FIN COM 03762U105 666,112 1,236 0.19 9,279 6.05 0.0439
2022-02-16 2021-12-31 13F/A-1 APOLLO COML REAL EST FIN COM 03762U105 664,876 -3,244 -0.49 8,750 -11.69 0.0381
2022-02-14 2021-12-31 13F APOLLO COML REAL EST FIN COM 03762U105 664,876 -3,244 8,750 0.0381
2021-12-01 2021-09-30 13F/A-1 APOLLO COML REAL EST FIN COM 03762U105 668,120 0 0.00 9,908 -7.03 0.0490
2021-11-15 2021-09-30 13F APOLLO COML REAL EST FIN COM 03762U105 668,120 0 9,908 0.0491
2021-08-16 2021-06-30 13F APOLLO COML REAL EST FIN COM 03762U105 668,120 -35,333 -5.02 10,657 8.45 0.0603
2021-05-17 2021-03-31 13F APOLLO COML REAL EST FIN COM 03762U105 703,453 0 0.00 9,827 25.06 0.0599
2021-02-16 2020-12-31 13F APOLLO COML REAL EST FIN COM 03762U105 703,453 -2,843,563 -80.17 7,858 -75.41 0.0581
2020-12-07 2020-09-30 13F/A-1 APOLLO COML REAL EST FIN COM 03762U105 3,547,016 -3,480,340 -49.53 31,959 -53.64 0.2608
2020-11-16 2020-09-30 13F APOLLO COML REAL EST FIN COM 03762U105 3,547,016 -3,480,340 31,959 263,554.4063
2020-12-07 2020-06-30 13F/A-1 APOLLO COML REAL EST FIN COM 03762U105 7,027,356 -35,334 -0.50 68,938 31.55 0.7486
2020-08-13 2020-06-30 13F APOLLO COML REAL EST FIN COM 03762U105 7,027,356 -35,334 68,938 759,831.9195
2020-12-07 2020-03-31 13F/A-2 APOLLO COML REAL EST FIN COM 03762U105 7,062,690 4,864,611 221.31 52,405 30.35 0.6914
2020-05-15 2020-03-31 13F APOLLO COML REAL EST FIN COM 03762U105 7,062,690 4,864,611 52,405 699,630.7263
2020-02-13 2019-12-31 13F APOLLO COML REAL EST FIN COM 03762U105 2,198,079 0 0.00 40,203 -4.59 0.3903
2019-11-15 2019-09-30 13F/A-1 APOLLO COML REAL EST FIN COM 03762U105 2,198,079 -38,397 -1.72 42,137 2.45 0.5069
2019-11-14 2019-09-30 13F APOLLO COML REAL EST FIN COM 03762U105 741,394 -1,495,082 14,213 171,559.1958
2019-08-14 2019-06-30 13F APOLLO COML REAL EST FIN COM 03762U105 2,236,476 0 0.00 41,129 1.04 0.4990
2019-05-13 2019-03-31 13F APOLLO COML REAL EST FIN COM 03762U105 2,236,476 0 0.00 40,704 9.24 0.4559
2019-02-14 2018-12-31 13F APOLLO COML REAL EST FIN COM 03762U105 2,236,476 0 0.00 37,260 -11.71 0.4251
2018-11-14 2018-09-30 13F APOLLO COML REAL EST FIN COM 03762U105 2,236,476 0 0.00 42,202 3.23 0.2997
2018-08-14 2018-06-30 13F APOLLO COML REAL EST FIN COM 03762U105 2,236,476 0 0.00 40,883 1.67 0.3000
2018-05-15 2018-03-31 13F APOLLO COML REAL EST FIN COM 03762U105 2,236,476 0 0.00 40,212 -2.55 0.3726
2018-02-14 2017-12-31 13F APOLLO COML REAL EST FIN COM 03762U105 2,236,476 0 0.00 41,263 1.88 0.6881
2017-11-14 2017-09-30 13F APOLLO COML REAL EST FIN COM 03762U105 2,236,476 -1,436 -0.06 40,503 -2.43 0.6098
2017-08-11 2017-06-30 13F APOLLO COML REAL EST FIN COM 03762U105 2,237,912 0 0.00 41,513 -1.38 0.6099
2017-05-12 2017-03-31 13F APOLLO COML REAL EST FIN COM 03762U105 2,237,912 -1,201,675 -34.94 42,095 -26.36 0.7596
2017-02-15 2016-12-31 13F APOLLO COML REAL EST FIN COM 03762U105 3,439,587 670,257 24.20 57,166 26.10 1.5275
2016-11-14 2016-09-30 13F APOLLO COML REAL EST FIN COM 03762U105 2,769,330 1,475,397 114.02 45,334 118.01 1.5140
2016-08-17 2016-06-30 13F/A-1 APOLLO COML REAL EST FIN COM 03762U105 1,293,933 -7,813 -0.60 20,794 -2.00 0.6610
2016-08-12 2016-06-30 13F APOLLO COML REAL EST FIN COM 03762U105 1,293,933 20,793
2016-06-30 2016-03-31 13F/A-1 APOLLO COML REAL EST FIN COM 03762U105 1,301,746 0 21,218 0.5757
2016-08-12 2016-03-31 13F/A-2 APOLLO COML REAL EST FIN COM 03762U105 1,301,746 0 0.00 21,218 -5.40 0.5950
2016-05-12 2016-03-31 13F APOLLO COML REAL EST FIN COM 03762U105 601,309 9,801
2016-06-30 2015-12-31 13F/A-1 APOLLO COMMERCIAL REAL ESTATE COM 03762U105 1,301,746 700,437 116.49 22,429 137.42 0.5863
2016-02-16 2015-12-31 13F APOLLO COMMERCIAL REAL ESTATE COM 03762U105 601,309 10,361
2015-11-16 2015-09-30 13F Apollo Commercial Real Estate Finance COM 03762U105 601,309 0 0.00 9,447 -4.38 0.2319
2015-08-24 2015-06-30 13F/A-1 Apollo Commercial Real Estate Finance COM 03762U105 601,309 0 9,880 0.1806
2015-10-08 2015-06-30 13F/A-2 Apollo Commercial Real Estate Finance COM 03762U105 601,309 0 0.00 9,880 -4.36 0.1817
2015-08-14 2015-06-30 13F Apollo Commercial Real Estate Finance COM 03762U105 601,309 9,880
2015-10-08 2015-03-31 13F/A-1 Apollo Coml Real Est Fin COM 03762U105 601,309 0 0.00 10,330 5.01 0.1782
2015-05-15 2015-03-31 13F Apollo Coml Real Est Fin COM 03762U105 601,309 10,330
2015-04-09 2014-12-31 13F/A-1 Apollo Coml Real Est Fin COM 03762U105 601,309 298,646 98.67 9,837 97.09 0.1551
2015-02-17 2014-12-31 13F Apollo Coml Real Est Fin COM 03762U105 601,309 9,837
2015-04-09 2014-09-30 13F/A-1 Apollo Coml Real Est Fin COM 03762U105 601,309 298,646 9,447 0.1029
2015-04-09 2014-09-30 13F/A-3 Apollo Coml Real Est Fin COM 03762U105 302,663 0 0.00 4,991 0.00 0.0444
2014-11-14 2014-09-30 13F Apollo Coml Real Est Fin COM 03762U105 601,309 9,447
2014-08-20 2014-06-30 13F/A-1 Apollo Coml Real Est Fin COM 03762U105 302,663 0 4,991 0.0443
2014-11-05 2014-06-30 13F/A-2 Apollo Coml Real Est Fin COM 03762U105 302,663 302,663 4,991 0.0443
2014-08-14 2014-06-30 13F Apollo Coml Real Est Fin COM 03762U105 302,663 4,991 0.0449
Legend
Shares
The total number of shares held by the institution at the end of the reporting period (the effective date). This is provided in the filing.
Value
The total value of the shares as of the effective date. This is provided in the filing.
Avg. Share Price
The weighted average share price of the shares held by the institution. We use FIFO accounting to determine this price
Class
This is the security class as indicated by the filer. There are a variety of values for this field. Common values include "EC" = equity common, "EP" - equity preferred
Allocation (%)
The percent of the institution's portfolio that this position represents. This is provided in NPORT filings. For 13F filings, we calculate it.
Change in Allocation
The change in allocation from the prior reporting period. This is calculated as current allocation - prior allocation.
Change in Allocation (%)
The percent change in allocation from the prior reporting period. This is calculated as (current allocation - prior allocation) / prior allocation.
Cost Basis
The total cost of the shares held. This is calculated as reported shares * avg. share price
Unrealized Gain/Loss
This is the market value of the position as of the effective date minus the cost basis.