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

SecurityARI / Apollo Commercial Real Estate Finance, Inc.
InstitutionCitigroup Inc
Latest Disclosed Ownership20,324 shares
Latest Disclosed Value $ 214,622
Citigroup Inc reports 65.15% decrease in ownership of ARI / Apollo Commercial Real Estate Finance, Inc.

On May 11, 2026 - Citigroup Inc filed a 13F-HR form disclosing ownership of 20,324 shares of Apollo Commercial Real Estate Finance, Inc. (US:ARI) valued at $214,621 USD as of March 31, 2026. The entity filed a previous 13F-HR on February 13, 2026 disclosing 58,312 shares of Apollo Commercial Real Estate Finance, Inc.. This represents a change in shares of -65.15% during the quarter. The current value of the position is $221,938 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.

Upgrade to unlock premium data and export to Excel .

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)
2026-05-11 2026-03-31 13F APOLLO COML REAL ESTATE FIN COM 03762U105 20,324 -37,988 -65.15 215 -62.06 0.0001
2026-02-13 2025-12-31 13F APOLLO COML REAL EST FIN COM 03762U105 58,312 12,429 27.09 564 21.55 0.0002
2025-11-10 2025-09-30 13F APOLLO COML REAL EST FIN COM 03762U105 45,883 -78,716 -63.18 465 -61.53 0.0002
2025-08-11 2025-06-30 13F APOLLO COML REAL EST FIN COM 03762U105 124,599 -68,505 -35.48 1,206 -34.74 0.0006
2025-05-12 2025-03-31 13F APOLLO COML REAL EST FIN COM 03762U105 193,104 7,287 3.92 1,848 14.85 0.0009
2025-02-12 2024-12-31 13F APOLLO COML REAL EST FIN COM 03762U105 185,817 5,433 3.01 1,609 -2.90 0.0010
2024-11-12 2024-09-30 13F APOLLO COML REAL EST FIN COM 03762U105 180,384 67,179 59.34 1,658 49.55 0.0010
2024-08-12 2024-06-30 13F APOLLO COML REAL EST FIN COM 03762U105 113,205 12,975 12.95 1,108 -0.72 0.0007
2024-05-10 2024-03-31 13F APOLLO COML REAL EST FIN COM 03762U105 100,230 14,217 16.53 1,117 10.60 0.0007
2024-02-09 2023-12-31 13F APOLLO COML REAL EST FIN COM 03762U105 86,013 28,806 50.35 1,010 74.27 0.0007
2023-12-06 2023-09-30 13F/A-1 APOLLO COML REAL EST FIN COM 03762U105 57,207 -56,576 -49.72 580 -55.05 0.0004
2023-11-09 2023-09-30 13F APOLLO COML REAL EST FIN COM 03762U105 57,207 -56,576 580 0.0004
2023-08-10 2023-06-30 13F APOLLO COML REAL EST FIN COM 03762U105 113,783 40,902 56.12 1,288 89.97 0.0008
2023-05-11 2023-03-31 13F APOLLO COML REAL EST FIN COM 03762U105 72,881 -16,289 -18.27 679 -29.30 0.0005
2023-02-09 2022-12-31 13F APOLLO COML REAL EST FIN COM 03762U105 89,170 -368 -0.41 959 29.07 0.0008
2022-11-10 2022-09-30 13F APOLLO COML REAL EST FIN COM 03762U105 89,538 19,048 27.02 743 0.95 0.0005
2022-08-10 2022-06-30 13F APOLLO COML REAL EST FIN COM 03762U105 70,490 -267,548 -79.15 736 -84.37 0.0005
2022-05-12 2022-03-31 13F APOLLO COML REAL EST FIN COM 03762U105 338,038 -197,192 -36.84 4,709 -33.15 0.0029
2022-02-10 2021-12-31 13F APOLLO COML REAL EST FIN COM 03762U105 535,230 37,446 7.52 7,044 -4.58 0.0038
2021-11-10 2021-09-30 13F APOLLO COML REAL EST FIN COM 03762U105 497,784 207,386 71.41 7,382 59.40 0.0044
2021-08-10 2021-06-30 13F APOLLO COML REAL EST FIN COM 03762U105 290,398 243,332 517.00 4,631 604.87 0.0028
2021-05-13 2021-03-31 13F APOLLO COML REAL EST FIN COM 03762U105 47,066 -3,645 -7.19 657 16.08 0.0004
2021-02-11 2020-12-31 13F APOLLO COML REAL EST FIN COM 03762U105 50,711 -197,991 -79.61 566 -74.73 0.0003
2020-11-12 2020-09-30 13F APOLLO COML REAL EST FIN COM 03762U105 248,702 165,325 198.29 2,240 173.84 0.0015
2020-08-12 2020-06-30 13F APOLLO COML REAL EST FIN COM 03762U105 83,377 -35,477 -29.85 818 -7.26 0.0006
2020-05-12 2020-03-31 13F APOLLO COML REAL EST FIN COM 03762U105 118,854 6,753 6.02 882 -56.98 0.0008
2020-02-12 2019-12-31 13F APOLLO COML REAL EST FIN COM 03762U105 112,101 -17,541 -13.53 2,050 -17.54 0.0015
2019-11-08 2019-09-30 13F APOLLO COML REAL EST FIN COM 03762U105 129,642 -6,903 -5.06 2,486 -1.04 0.0020
2019-08-12 2019-06-30 13F APOLLO COML REAL EST FIN COM 03762U105 136,545 -74,332 -35.25 2,512 -34.57 0.0020
2019-05-13 2019-03-31 13F APOLLO COML REAL EST FIN COM 03762U105 210,877 182,971 655.67 3,839 725.59 0.0037
2019-02-12 2018-12-31 13F APOLLO COML REAL EST FIN COM 03762U105 27,906 14,968 115.69 465 90.57 0.0005
2018-11-13 2018-09-30 13F APOLLO COML REAL EST FIN COM 03762U105 12,938 1,481 12.93 244 16.75 0.0002
2018-08-10 2018-06-30 13F APOLLO COML REAL EST FIN COM 03762U105 11,457 -5,808 -33.64 209 -32.58 0.0002
2018-05-11 2018-03-31 13F APOLLO COML REAL EST FIN COM 03762U105 17,265 11,359 192.33 310 184.40 0.0003
2018-02-12 2017-12-31 13F APOLLO COML REAL EST FIN COM 03762U105 5,906 -207,010 -97.23 109 -97.17 0.0001
2017-11-13 2017-09-30 13F APOLLO COML REAL EST FIN COM 03762U105 212,916 -22,684 -9.63 3,855 -11.81 0.0032
2017-08-11 2017-06-30 13F APOLLO COML REAL EST FIN COM 03762U105 235,600 -34,760 -12.86 4,371 -14.04 0.0039
2017-05-12 2017-03-31 13F APOLLO COML REAL EST FIN COM 03762U105 270,360 -69,797 -20.52 5,085 -10.06 0.0045
2017-02-10 2016-12-31 13F APOLLO COML REAL EST FIN COM 03762U105 340,157 13,857 4.25 5,654 5.86 0.0051
2016-11-10 2016-09-30 13F APOLLO COML REAL EST FIN COM 03762U105 326,300 221,246 210.60 5,341 216.41 0.0050
2016-08-12 2016-06-30 13F APOLLO COML REAL EST FIN COM 03762U105 105,054 -42,519 -28.81 1,688 -29.81 0.0017
2016-05-13 2016-03-31 13F APOLLO COML REAL EST FIN COM 03762U105 147,573 -8,794 -5.62 2,405 -10.73 0.0027
2016-02-12 2015-12-31 13F APOLLO COML REAL EST FIN COM 03762U105 156,367 47,732 43.94 2,694 57.82 0.0027
2015-11-13 2015-09-30 13F APOLLO COML REAL EST FIN COM 03762U105 108,635 -7,302 -6.30 1,707 -10.39 0.0016
2015-08-13 2015-06-30 13F APOLLO COML REAL EST FIN COM 03762U105 115,937 -3,704 -3.10 1,905 -7.34 0.0017
2015-05-14 2015-03-31 13F APOLLO COML REAL EST FIN COM 03762U105 119,641 -4,865 -3.91 2,056 0.93 0.0020
2015-02-17 2014-12-31 13F APOLLO COML REAL EST FIN COM 03762U105 124,506 18,894 17.89 2,037 22.78 0.0018
2014-11-14 2014-09-30 13F APOLLO COML REAL EST FIN COM 03762U105 105,612 -3,803 -3.48 1,659 -8.04 0.0015
2014-08-14 2014-06-30 13F APOLLO COML REAL EST FIN COM 03762U105 109,415 -5,824 -5.05 1,804 -5.89 0.0017
2014-05-15 2014-03-31 13F APOLLO COML REAL EST FIN COM 03762U105 115,239 89,933 355.38 1,917 366.42 0.0020
2014-02-14 2013-12-31 13F APOLLO COML REAL EST FIN COM 03762U105 25,306 3,576 16.46 411 23.80 0.0004
2013-11-14 2013-09-30 13F APOLLO COML REAL EST FIN COM 03762U105 21,730 -18,693 -46.24 332 -48.29 0.0003
2013-08-14 2013-06-30 13F APOLLO COML REAL EST FIN COM 03762U105 40,423 40,423 642 0.0006
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.