Apollo Commercial Real Estate Finance, Inc.
Apollo Commercial Real Estate Finance, Inc. (ARI) Stock Ownership
Institutional vs insider vs public ownership from 13F and float data — top holders, activity, and insider trades below.
SEC 13F · FMP · ARI · as of Mar 31, 2025
Ownership Breakdown
262
Institutional Holders
▲ 17 vs Q4
$766.61M
Total Inst. Value
▲ $90.46M vs Q4
130.95M
Shares Outstanding
freeFloat 99.03%
79.97M
13F Shares Held
▲ 2.08M vs Q4
Institutional ownership = 13F shares ÷ total outstanding. Insider % = 100 − free float. Public % = free float − institution %. Data: FMP /symbol-positions-summary + /shares-float + SEC EDGAR.
Top Institutional Holders
ARI largest shareholders · institutional ownership
Q1 2025 · SEC 13F
Showing top 10 holders
| Holder | Shares | % Owned | Weight | Value | Reported | Change |
|---|---|---|---|---|---|---|
BLACKROCK, INC. real estate investment trusts | 21.95M | 15.83% | 15.83% | $210.04B | May 2, 2025 | ▼ 555.5K |
VANGUARD GROUP INC real estate investment trusts | 15.24M | 10.99% | 10.99% | $145.84B | May 9, 2025 | ▲ 2.5K |
STATE STREET CORP real estate investment trusts | 5.19M | 3.74% | 3.74% | $50.90B | May 15, 2025 | ▼ 194.2K |
GEODE CAPITAL MANAGEMENT, LLC real estate investment trusts | 3.18M | 2.30% | 2.30% | $30.46B | May 13, 2025 | ▲ 87.1K |
NOMURA HOLDINGS INC real estate investment trusts | 2.79M | 2.02% | 2.02% | $26.75B | May 15, 2025 | ▼ 863.7K |
CHARLES SCHWAB INVESTMENT MANAGEMENT INC real estate investment trusts | 2.33M | 1.68% | 1.68% | $22.27B | Sep 15, 2025 | ▲ 63.2K |
MIRAE ASSET GLOBAL ETFS HOLDINGS LTD. real estate investment trusts | 1.86M | 1.34% | 1.34% | $17.75B | May 15, 2025 | ▲ 877.7K |
MORGAN STANLEY real estate investment trusts | 1.84M | 1.32% | 1.32% | $17.56B | May 15, 2025 | ▼ 85.3K |
NORTHERN TRUST CORP real estate investment trusts | 1.69M | 1.22% | 1.22% | $16.18B | May 13, 2025 | ▼ 54.5K |
BALYASNY ASSET MANAGEMENT L.P. real estate investment trusts | 1.31M | 94.21% | 94.21% | $12.50B | May 15, 2025 | NEW |
Data from SEC Form 13F filings. Ownership bar normalised to largest holder. Change flags: isNew / isSoldOut / changeInSharesNumber (FMP extract-analytics/holder).
Institutional Activity
Q1 2025 vs prior quarter
Q1 2025
19
Increased
+2.92M shares4
New Positions
first time holders23
Decreased
−2.85M shares0
Sold Out
fully exitedNet shares change (top 50)
+64.4K
+2.92M / −2.85M
Net new holders
+0
4 new / 0 exited
Based on top 50 institutional holders by position size. Fields: isNew, isSoldOut, changeInSharesNumber (FMP extract-analytics/holder, limit=50).
Insider Buying vs Selling
ARI insider trading · insider activity
Source: SEC Form 4
Insiders have been primarily selling shares recently. Selling may be driven by pre-scheduled Rule 10b5-1 plans rather than negative sentiment.
7
Buy transactions
1
Sell transactions
7.00
Buy/Sell ratio
$0M
Total disposed
Recent Insider Transactions
Showing 10 most recent · Common Stock only
| Name · Role | Date | Type | Shares | Price | Value | After Trans. | Filing |
|---|---|---|---|---|---|---|---|
Whonder Carmencita N.M. director | May 13, 2026 | Sale | 4,574 | $10.93 | $50.0K | 24.8K | Form 4 ↗ |
BIDERMAN MARK C director | Apr 1, 2026 | Award | 9,587 | — | — | 70.4K | Form 4 ↗ |
Whonder Carmencita N.M. director | Apr 1, 2026 | Award | 9,587 | — | — | 29.4K | Form 4 ↗ |
Carlton Pamela G director | Apr 1, 2026 | Award | 9,587 | — | — | 49.3K | Form 4 ↗ |
SALVATI MICHAEL director | Apr 1, 2026 | Award | 9,587 | — | — | 162.5K | Form 4 ↗ |
Kasdin Robert A director | Apr 1, 2026 | Award | 9,587 | — | — | 114.6K | Form 4 ↗ |
Romando Brenna Haysom director | Apr 1, 2026 | Award | 9,587 | — | — | 90.5K | Form 4 ↗ |
Prince Scott director | Apr 1, 2026 | Award | 9,587 | — | — | 60.9K | Form 4 ↗ |
Mironova Anastasia G. CFO, Treasurer and Secretary | Jan 30, 2026 | Tax Withhold | 6,385 | $10.68 | $68.2K | 75.3K | Form 4 ↗ |
ROTHSTEIN STUART President & CEO | Jan 30, 2026 | Tax Withhold | 61,485 | $10.68 | $656.7K | 277.7K | Form 4 ↗ |
Source: /insider-trading/search (FMP stable). Buy/Sell direction: acquisitionOrDisposition A=Buy, D=Sell. RSU vesting (M-Exempt) excluded from sentiment bar. All data from SEC EDGAR public filings.
About institutional & insider ownership
Apollo Commercial Real Estate Finance, Inc. (ARI) is primarily owned by institutional investors, who hold approximately 61.1% of total shares outstanding. Company insiders own approximately 0.97%, while retail and public investors account for the remaining 37.95%.
The largest institutional shareholder of Apollo Commercial Real Estate Finance, Inc. is BLACKROCK, INC., holding approximately 21.95 million shares — equal to 15.83% of outstanding shares — as of March 31, 2025.
A total of 262 institutional investors currently hold ARI stock, with a combined institutional value of approximately $766,608,595 as of the most recent 13F filing period.
Frequently asked questions
ARI ownershipApollo Commercial Real Estate Finance, Inc. (ARI) is primarily owned by institutional investors, who hold approximately 61.1% of shares. The largest shareholder is BLACKROCK, INC. with a 15.83% stake. Company insiders hold 0.97%. Data sourced from SEC Form 13F as of March 31, 2025.