Apollo Commercial Real Estate Finance, Inc.
Ownership
Ownership Structure
Who owns Apollo Commercial Real Estate Finance, Inc. (ARI)? This page shows the largest institutions and funds, the ownership structure and the latest insider transactions. 79.4% of the shares are freely tradable; institutional investors hold 77.3%.
Largest Shareholders
Institutions
| Name | Stake (%) | Shares | Change (%) | Date |
|---|---|---|---|---|
| BlackRock Inc | 16.48 | 21,183,896 | -0.2 | 03/31/2026 |
| Vanguard Portfolio Management, LLC | 6.17 | 7,936,417 | +0.0 | 03/31/2026 |
| Vanguard Capital Management, LLC | 4.98 | 6,404,943 | +0.0 | 03/31/2026 |
| State Street Corp | 4.10 | 5,266,219 | -0.6 | 03/31/2026 |
| Millennium Management LLC | 3.55 | 4,563,909 | +254.8 | 06/30/2026 |
| Geode Capital Management, LLC | 2.59 | 3,324,652 | +5.0 | 03/31/2026 |
| MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. | 2.14 | 2,744,906 | +24.2 | 03/31/2026 |
| No Street GP LP | 1.90 | 2,440,900 | -27.1 | 06/30/2026 |
Funds
| Name | Stake (%) | Shares | Change (%) | Date |
|---|---|---|---|---|
| Vanguard MStar Total Stk Mkt Idx Invest | 3.26 | 4,194,969 | +0.0 | 07/31/2026 |
| Vanguard Small Cap Index | 2.37 | 3,048,842 | +0.3 | 07/31/2026 |
Largest reported positions according to regulatory filings; stake as a percentage of shares outstanding, change versus the previous filing. Source: fundamentals data.
Insider holdings
| Person | Role | Shares | Value | As of | Type |
|---|---|---|---|---|---|
| Salvati Michael | Director | 162,417 | 1,055,711 $ | Aug 25, 2026 | both |
Holdings as of each person's most recent SEC Form 4 filing — excluding options and RSUs, which are not shares yet. Holdings may have changed between two filings.
Insiders
Insider Transactions
| Date | Person | Role | Type | Shares | Price | Value |
|---|---|---|---|---|---|---|
| Aug 25, 2026 | Salvati Michael | Director | Sell | 125 | 6.86 | 858 |
| Aug 25, 2026 | Salvati Michael | Director | Sell | 835 | 6.86 | 5,728 |
Reportable transactions by officers and major shareholders from SEC Form 4 filings. "Other" includes things like stock grants and option exercises without a buy/sell character. View all insider transactions →
Data as of: September 17, 2026 · Source: fundamental data & SEC filings (annual and quarterly reports, 10-K/10-Q)
Note: pure fact-based analysis, not investment advice and not a solicitation to buy or sell. All figures without guarantee.