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

SecurityARI / Apollo Commercial Real Estate Finance, Inc.
InstitutionKoshinski Asset Management, Inc.
Latest Disclosed Ownership0 shares
Latest Disclosed Value $ 0
Koshinski Asset Management, Inc. closes position in ARI / Apollo Commercial Real Estate Finance, Inc.

On February 3, 2026 - Koshinski Asset Management, Inc. filed a 13F-HR form disclosing ownership of 0 shares of Apollo Commercial Real Estate Finance, Inc. (US:ARI) valued at $0 USD as of December 31, 2025. The entity filed a previous 13F-HR on November 10, 2025 disclosing 10,621 shares of Apollo Commercial Real Estate Finance, Inc.. This represents a change in shares of -100.00% during the quarter. The current value of the position is $0 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)
2026-02-03 2025-12-31 13F APOLLO COML REAL EST FIN COM 03762U105 0 -10,621 -100.00 0 -100.00
2025-11-10 2025-09-30 13F APOLLO COML REAL EST FIN COM 03762U105 10,621 191 1.83 108 7.00 0.0072
2025-07-29 2025-06-30 13F APOLLO COML REAL EST FIN COM 03762U105 10,430 221 2.16 101 3.09 0.0076
2025-04-25 2025-03-31 13F APOLLO COML REAL EST FIN COM 03762U105 10,209 -797 -7.24 98 2.11 0.0083
2025-01-16 2024-12-31 13F APOLLO COML REAL EST FIN COM 03762U105 11,006 196 1.81 95 -4.04 0.0082
2024-10-10 2024-09-30 13F APOLLO COML REAL EST FIN COM 03762U105 10,810 -1,024 -8.65 99 -15.38 0.0086
2024-07-12 2024-06-30 13F APOLLO COML REAL EST FIN COM 03762U105 11,834 -483 -3.92 118 -14.60 0.0109
2024-05-08 2024-03-31 13F APOLLO COML REAL EST FIN COM 03762U105 12,317 12,317 137 0.0140
2024-01-29 2023-12-31 13F APOLLO COML REAL EST FIN COM 03762U105 0 -13,702 -100.00 0 -100.00
2023-10-18 2023-09-30 13F APOLLO COML REAL EST FIN COM 03762U105 13,702 1,609 13.31 139 1.47 0.0160
2023-07-28 2023-06-30 13F APOLLO COML REAL EST FIN COM 03762U105 12,093 12,093 137 0.0147
2023-01-24 2022-12-31 13F APOLLO COML REAL EST FIN COM 03762U105 0 -16,779 -100.00 0 0.0000
2022-10-20 2022-09-30 13F/A-1 APOLLO COML REAL EST FIN COM 03762U105 16,779 1,226 7.88 0 0.0166
2022-10-18 2022-09-30 13F APOLLO COML REAL EST FIN COM 03762U105 16,779 1,226 0 0.0166
2022-07-12 2022-06-30 13F APOLLO COML REAL EST FIN COM 03762U105 15,553 107 0.69 0 -100.00 0.0161
2022-04-20 2022-03-31 13F APOLLO COML REAL EST FIN COM 03762U105 15,446 -699 -4.33 215 1.42 0.0177
2022-01-14 2021-12-31 13F APOLLO COML REAL EST FIN COM 03762U105 16,145 400 2.54 212 -9.01 0.0172
2021-10-12 2021-09-30 13F APOLLO COML REAL EST FIN COM 03762U105 15,745 4,400 38.78 233 28.73 0.0203
2021-07-26 2021-06-30 13F APOLLO COML REAL EST FIN COM 03762U105 11,345 11,345 181 0.0228
2020-11-16 2020-09-30 13F APOLLO COML REAL EST FIN COM 03762U105 0 -12,112 -100.00 0 -100.00
2020-07-29 2020-06-30 13F APOLLO COML REAL EST FIN COM 03762U105 12,112 -122,480 -91.00 119 -88.09 0.0193
2020-04-30 2020-03-31 13F APOLLO COML REAL EST FIN COM 03762U105 134,592 3,526 2.69 999 -58.25 0.2098
2020-01-29 2019-12-31 13F APOLLO COML REAL EST FIN COM 03762U105 131,066 131,066 -2.62 2,393 139.54 0.4119
2019-07-18 2019-06-30 13F APOLLO COML REAL EST FIN COM 03762U105 0 -82,569 -100.00 0 -100.00
2019-05-14 2019-03-31 13F APOLLO COML REAL EST FIN COM 03762U105 82,569 -2,678 -3.14 1,503 5.85 0.4027
2019-02-08 2018-12-31 13F APOLLO COML REAL EST FIN COM 03762U105 85,247 -43,695 -33.89 1,420 -41.64 0.3489
2018-11-15 2018-09-30 13F APOLLO COML REAL EST FIN COM 03762U105 128,942 87,839 213.70 2,433 223.97 0.3463
2018-08-13 2018-06-30 13F/A-1 APOLLO COML REAL EST FIN COM 03762U105 41,103 -516 -1.24 751 0.40 0.2293
2018-08-10 2018-06-30 13F APOLLO COML REAL EST FIN COM 03762U105 41,103 -516 282
2018-04-09 2018-03-31 13F APOLLO COML REAL EST FIN COM 03762U105 41,619 -603 -1.43 748 -3.98 0.2324
2018-01-17 2017-12-31 13F APOLLO COML REAL EST FIN COM 03762U105 42,222 -29,294 -40.96 779 -39.85 0.1950
2018-01-17 2017-09-30 13F/A-1 APOLLO COML REAL EST FIN COM 03762U105 71,516 -121 -0.17 1,295 -2.56 0.4248
2017-10-12 2017-09-30 13F APOLLO COML REAL EST FIN COM 03762U105 71,516 -121 1,295
2018-01-17 2017-06-30 13F/A-1 APOLLO COML REAL EST FIN COM 03762U105 71,637 898 1.27 1,329 -0.15 0.4846
2017-07-10 2017-06-30 13F APOLLO COML REAL EST FIN COM 03762U105 71,637 898 1,329
2018-01-17 2017-03-31 13F/A-1 APOLLO COML REAL EST FIN COM 03762U105 70,739 3,606 5.37 1,331 19.27 0.5212
2017-04-10 2017-03-31 13F APOLLO COML REAL EST FIN COM 03762U105 70,739 3,606 1,331
2018-01-17 2016-12-31 13F/A-1 APOLLO COML REAL EST FIN COM 03762U105 67,133 8 0.01 1,116 1.55 0.5531
2017-01-24 2016-12-31 13F APOLLO COML REAL EST FIN COM 03762U105 67,133 8 1,116
2018-01-17 2016-09-30 13F/A-1 APOLLO COML REAL EST FIN COM 03762U105 67,125 -495 -0.73 1,099 1.10 0.5463
2016-10-17 2016-09-30 13F APOLLO COML REAL EST FIN COM 03762U105 67,125 -495 1,099
2018-01-17 2016-06-30 13F/A-1 APOLLO COML REAL EST FIN COM 03762U105 67,620 -5,547 -7.58 1,087 -8.89 0.5929
2016-08-10 2016-06-30 13F APOLLO COML REAL EST FIN COM 03762U105 67,620 -5,547 1,087
2018-01-17 2016-03-31 13F/A-1 APOLLO COML REAL EST FIN COM 03762U105 73,167 750 1.04 1,193 -4.41 0.7703
2016-04-14 2016-03-31 13F APOLLO COML REAL EST FIN COM 03762U105 73,167 750 1,193
2018-01-17 2015-12-31 13F/A-1 APOLLO COML REAL EST FIN COM 03762U105 72,417 -1,351 -1.83 1,248 2.97 0.8726
2016-01-19 2015-12-31 13F APOLLO COML REAL EST FIN COM 03762U105 72,417 -1,351 1,248
2018-01-17 2015-09-30 13F/A-1 APOLLO COML REAL EST FIN COM 03762U105 73,768 3,285 4.66 1,212 4.66 0.7732
2015-10-13 2015-09-30 13F APOLLO COML REAL EST FIN COM 03762U105 73,768 3,285 1,212
2018-01-17 2015-06-30 13F/A-1 APOLLO COML REAL EST FIN COM 03762U105 70,483 4,833 7.36 1,158 2.66 0.7322
2015-07-13 2015-06-30 13F APOLLO COML REAL EST FIN COM 03762U105 70,483 4,833 1,158
2015-04-15 2015-03-31 13F APOLLO COML REAL EST FIN COM 03762U105 65,650 1,199 1.86 1,128 7.02 0.7312
2018-01-17 2014-12-31 13F/A-1 APOLLO COML REAL EST FIN COM 03762U105 64,451 64,451 1,054 0.5974
2015-02-13 2014-12-31 13F APOLLO COML REAL EST FIN COM 03762U105 64,451 1,054
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.