Apollo Commercial Real Estate Finance, Inc. (ARI) Ownership
ARI ownership summary
as of October 17, 2026- Institutions
- 82.9% of shares outstanding
- Insiders
- 0.57% of shares outstanding
- Shares outstanding
- 128.5M
- Float
- 102.0M shares available to trade
- Short interest
- 4.90% 6.3M shares short
- Days to cover
- 2.48 short interest up 14.3% vs prior month
- Institutions 82.88%
- Insiders 0.57%
- Other investors 16.55%
ARI top institutional holders
20 largest| # | Holder | % of shares | Shares | Value | Change | Reported |
|---|---|---|---|---|---|---|
| 1 | BlackRock Inc | 9.28% | 11.9M | $76.1M | −9.3M (−43.7%) | June 30, 2026 |
| 2 | Vanguard Portfolio Management, LLC | 4.74% | 6.1M | $38.8M | −1.8M (−23.3%) | June 30, 2026 |
| 3 | Vanguard Capital Management, LLC | 4.69% | 6.0M | $38.4M | −379,448 (−5.9%) | June 30, 2026 |
| 4 | Millennium Management LLC | 3.55% | 4.6M | $29.1M | +3.3M (+254.8%) | June 30, 2026 |
| 5 | Geode Capital Management, LLC | 2.63% | 3.4M | $21.6M | +58,437 (+1.8%) | June 30, 2026 |
| 6 | State Street Corp | 2.59% | 3.3M | $21.3M | −1.9M (−36.7%) | June 30, 2026 |
| 7 | MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. | 2.20% | 2.8M | $18.1M | +89,349 (+3.3%) | June 30, 2026 |
| 8 | No Street GP LP | 1.90% | 2.4M | $15.6M | −909,100 (−27.1%) | June 30, 2026 |
| 9 | Charles Schwab Investment Management Inc | 1.58% | 2.0M | $13.0M | −122,028 (−5.7%) | June 30, 2026 |
| 10 | Schonfeld Strategic Advisors LLC | 1.49% | 1.9M | $12.2M | +1.9M (0.0%) | June 30, 2026 |
| 11 | Jane Street Group LLC | 1.42% | 1.8M | $11.6M | +1.7M (+1,087.6%) | June 30, 2026 |
| 12 | Northern Trust Corp | 1.29% | 1.7M | $10.6M | −39,138 (−2.3%) | June 30, 2026 |
| 13 | Qube Research & Technologies | 1.28% | 1.6M | $10.5M | +1.6M (0.0%) | June 30, 2026 |
| 14 | Susquehanna International Group, LLP | 1.26% | 1.6M | $10.3M | +1.3M (+378.6%) | June 30, 2026 |
| 15 | Morgan Stanley - Brokerage Accounts | 1.22% | 1.6M | $10.0M | −214,195 (−12.0%) | June 30, 2026 |
| 16 | Nuveen, LLC | 0.95% | 1.2M | $7.8M | +886,948 (+264.8%) | June 30, 2026 |
| 17 | The Goldman Sachs Group Inc | 0.87% | 1.1M | $7.2M | +665,491 (+145.7%) | June 30, 2026 |
| 18 | Van Eck Associates Corporation | 0.84% | 1.1M | $6.9M | −150,529 (−12.2%) | June 30, 2026 |
| 19 | Alpine Partners VI, LLC | 0.70% | 902K | $5.8M | +734,195 (+437.6%) | June 30, 2026 |
| 20 | Empyrean Capital Partners, LP | 0.69% | 884K | $5.6M | — | June 30, 2026 |
Value at the latest close. Change = shares bought or sold in the latest quarterly filing (13F). In the top 20, 10 holders added 12.2M shares and 9 cut 14.9M.
ARI top mutual fund and ETF holders
20 largest| # | Holder | % of shares | Shares | Value | Change | Reported |
|---|---|---|---|---|---|---|
| 1 | Vanguard MStar Total Stk Mkt Idx Invest | 3.28% | 4.2M | $26.9M | +26,650 (+0.6%) | August 31, 2026 |
| 2 | Vanguard Small Cap Index | 2.38% | 3.1M | $19.5M | +4,901 (+0.2%) | August 31, 2026 |
| 3 | Vanguard MStar Small Cap Value Index | 1.51% | 1.9M | $12.4M | +1,910 (+0.1%) | August 31, 2026 |
| 4 | Fidelity Enhanced Small Cap Core ETF | 0.97% | 1.3M | $8.0M | +2,622 (+0.2%) | September 30, 2026 |
| 5 | VanEck Mortgage REIT Income ETF | 0.92% | 1.2M | $7.6M | +32,340 (+2.8%) | September 30, 2026 |
| 6 | Global X SuperDividend™ ETF | 0.90% | 1.2M | $7.4M | — | September 30, 2026 |
| 7 | Global X SuperDividend ETF USD Cap | 0.73% | 943K | $6.0M | −3,151 (−0.3%) | September 30, 2026 |
| 8 | Global X SuperDividend® REIT ETF | 0.67% | 866K | $5.5M | — | September 30, 2026 |
| 9 | First Trust Small Cap Core AlphaDEX® ETF | 0.40% | 508K | $3.2M | — | September 30, 2026 |
| 10 | Invesco S&P SmallCap Value with Momt ETF | 0.39% | 495K | $3.2M | −1,060 (−0.2%) | June 29, 2026 |
| 11 | Purpose Credit Opportunities Class ETF | 0.22% | 277K | $1.8M | +277,178 (0.0%) | March 31, 2026 |
| 12 | BankInvest Børsnoterede Alt. Akk. W | 0.21% | 264K | $1.7M | — | March 31, 2026 |
| 13 | PIMCO RAE US Small Instl | 0.19% | 250K | $1.6M | +9,277 (+3.8%) | June 30, 2026 |
| 14 | WisdomTree Private Credit & Alt Inc | 0.18% | 228K | $1.5M | — | September 30, 2026 |
| 15 | Vanguard Financials ETF | 0.14% | 186K | $1.2M | −25,466 (−12.0%) | August 31, 2026 |
| 16 | Principal SmallCap Value II Instl | 0.14% | 178K | $1.1M | +84,900 (+91.1%) | August 31, 2026 |
| 17 | Schwab Fundamental US Small Company Idx | 0.13% | 166K | $1.1M | — | August 31, 2026 |
| 18 | iShares MSCI USA Sm CpCTBEnhESGETFUSDAcc | 0.13% | 165K | $1.1M | — | September 30, 2026 |
| 19 | Hotchkis & Wiley Sm Cp Divers Val I | 0.12% | 158K | $1.0M | — | August 31, 2026 |
| 20 | NAA SMid Cap Value A | 0.12% | 150K | $958,231 | −3,823 (−2.5%) | March 31, 2026 |
Funds report holdings monthly or quarterly; dates differ by fund.
ARI insider transactions
latest 4| Date | Name | Transaction | Price | Shares | Value |
|---|---|---|---|---|---|
| 2025-12-15 | Stuart Rothstein | Sell | $10.16 | 52,072 | $529,052 |
| 2025-09-15 | Stuart Rothstein | Sell | $10.78 | 52,073 | $561,347 |
| 2025-06-16 | Stuart Rothstein | Sell | $9.83 | 52,074 | $511,887 |
| 2025-04-29 | Mark C Biderman | Sell | $9.48 | 10,000 | $94,800 |
Reported trades by company officers, directors and other filers (including disclosures by members of Congress where EODHD lists them). "—" where the filing gives no share count.
ARI shares outstanding
Year-end shares outstanding, adjusted for splits.
Who owns ARI
Institutional investors own 82.9% of Apollo Commercial Real Estate Finance's shares and insiders 0.57%. The largest holder is BlackRock Inc with 9.28% of the shares (11.9M), as of June 30, 2026. Among the top 20 institutions, 10 added shares and 9 reduced their stake in the latest filings. Short interest is 4.90% of the float, or 2.48 days of average trading volume. The share count rose 176.9% since 2014.
Related: ARI analyst forecast, ARI key metrics, ARI dividend history. See the ARI stock overview for the latest quote and news.
ARI ownership FAQ
Who owns the most Apollo Commercial Real Estate Finance stock?
The largest shareholders of Apollo Commercial Real Estate Finance are BlackRock Inc (9.28%), Vanguard Portfolio Management, LLC (4.74%), Vanguard Capital Management, LLC (4.69%), Millennium Management LLC (3.55%), Geode Capital Management, LLC (2.63%).
What percentage of Apollo Commercial Real Estate Finance is owned by institutions?
Institutions hold 82.9% of Apollo Commercial Real Estate Finance's shares outstanding; insiders hold 0.57%.
Which funds own Apollo Commercial Real Estate Finance?
The largest fund holders of Apollo Commercial Real Estate Finance are Vanguard MStar Total Stk Mkt Idx Invest (3.28%), Vanguard Small Cap Index (2.38%), Vanguard MStar Small Cap Value Index (1.51%), Fidelity Enhanced Small Cap Core ETF (0.97%), VanEck Mortgage REIT Income ETF (0.92%).
What is Apollo Commercial Real Estate Finance's short interest?
6.3M shares of Apollo Commercial Real Estate Finance were sold short, 4.90% of the float; at the average daily volume it would take 2.48 days to cover.
Are insiders buying or selling Apollo Commercial Real Estate Finance?
Of the latest 4 reported insider transactions in Apollo Commercial Real Estate Finance (since April 29, 2025), 0 were purchases and 4 were sales.
How many shares of Apollo Commercial Real Estate Finance are outstanding?
Apollo Commercial Real Estate Finance has 128.5M shares outstanding, of which 102.0M are in the public float.