Vault-13

APARTMENT INVT & MGMT CO AIV

CL A · REIT · CUSIP 03748R747

195 institutional holders -5 vs Q3 2022
135,416,035135.4m shares reported held*
$964.2mreported value*
14 new 69 added 72 reduced 18 sold out net sold ≈ $26.3m (-3.7m shares)

* Summed across managers. Shares that two managers' reports both contain – a subsidiary's holdings that its parent's report includes too, or a sub-adviser's in its client's – are counted once ($484.1k this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $7.12. Options: 3 managers hold calls ($947.3k notional), 5 hold puts ($445.5k).

Trends to Q4 2022

Institutional holders

Managers reporting a position, each quarter

0100200Q3 22: 200Q4 22: 195195Q3 22Q4 22
Numbers
QuarterHolders
Q3 2022200
Q4 2022195

Calls vs puts

Options held, notional value, last 4 quarters. P/C = puts ÷ calls

CallsPuts
$0$500k$1m$1.5m$2mQ3 22 calls: $1.5mQ3 22 puts: $495.0kQ3 22P/C 0.33Q4 22 calls: $947.3kQ4 22 puts: $445.5kQ4 22P/C 0.47
Numbers
QuarterCallsPutsP/C
Q3 2022$1.5m$495.0k0.33
Q4 2022$947.3k$445.5k0.47

Biggest buyers

MILLENNIUM MANAGEMENT LLC Added +2,319,867+2.3m
Land & Buildings Investment Management, LLC Added +1,457,755+1.5m
Madison Avenue Partners, LP Added +1,403,142+1.4m
Balyasny Asset Management L.P. Added +1,104,248+1.1m
GEODE CAPITAL MANAGEMENT, LLC Added +420,008+420.0k
BlackRock Inc. Added +400,249+400.2k
FIRST TRUST ADVISORS LP Added +392,559+392.6k
Man Group plc Added +263,895+263.9k
Cubist Systematic Strategies, LLC Added +256,515+256.5k
VIRGINIA RETIREMENT SYSTEMS ET Al Added +214,500+214.5k

Biggest sellers

Long Pond Capital, LP Reduced -4,949,193-4.9m
CANADA PENSION PLAN INVESTMENT BOARD Sold out -2,359,000-2.4m
ExodusPoint Capital Management, LP Sold out -1,309,615-1.3m
CENTERSQUARE INVESTMENT MANAGEMENT LLC Reduced -1,185,728-1.2m
RENAISSANCE TECHNOLOGIES LLC Sold out -926,440-926.4k
Solel Partners LP Reduced -600,000-600.0k
HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND Reduced -408,000-408.0k
AXA S.A. Reduced -261,600-261.6k
Global IMC LLC Sold out -204,811-204.8k
SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced -150,113-150.1k

Biggest calls

SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced $556.8k78.2k shares
CITADEL ADVISORS LLC Added $384.5k54.0k shares
BLUEFIN CAPITAL MANAGEMENT, LLC New $6.0k40.0k shares

Biggest puts

GROUP ONE TRADING LLC Added $252.8k35.5k shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced $96.8k13.6k shares
CITADEL ADVISORS LLC New $66.9k9.4k shares
SIMPLEX TRADING, LLC Added $29.0k4.1k shares
CONCOURSE FINANCIAL GROUP SECURITIES, INC. Unchanged $00 shares

Options at notional value: the value of the shares the contracts control, as filers report them, not what the options cost. Not included in the holders, shares or buying above.

Major shareholders (over 5%)

Anyone who owns more than 5% of a class of the company's shares has to say so: on Schedule 13D if they may try to influence or control the company, on 13G if they're a passive investor, and update it as the stake changes. Each holder's latest filing, from 19 Dec 2024 on; percentages are of the share class, as the holder worked them out.

HolderStakeChangeShares Last filed
Madison Avenue Partners, LP 13G · passive investor new · filed 2026-03-04 8.6% new 12.3m≈ $36.7m 2026-03-04
Newtyn Management, LLC 13G · passive investor +2.6 pts · filed 2026-03-25 8.1% +2.6 pts 11.6m≈ $34.5m 2026-03-25
Weiss Asset Management LP 13G · institution new · filed 2026-05-11 5.7% new 8.2m≈ $24.2m 2026-05-11

Fell to 5% or below in the last year: PRICE T ROWE ASSOCIATES INC /MD/ (3.5%, 2026-10-07), VANGUARD PORTFOLIO MANAGEMENT LLC (4.1%, 2026-07-31), BlackRock, Inc. (0.4%, 2026-04-27), VANGUARD GROUP INC (0.0%, 2026-03-26), Silver Point Capital L.P. (1.2%, 2026-02-17)

Insider purchases and sales in Q4 2022

Shares bought or sold by the company's own officers, directors and 10% owners, in the open market or privately, as they reported to the SEC on Form 4 (due within two business days of the trade). Grants, option exercises, shares withheld for tax and gifts aren't included.

Officers and directors buying vs selling

Number of people, by quarter (10% owners not included)

BuyingSelling
101Q1 21: 0 buyingQ1 21: 0 sellingQ2 21: 0 buyingQ2 21: 0 sellingQ2 21Q3 21: 0 buyingQ3 21: 0 sellingQ4 21: 0 buyingQ4 21: 0 sellingQ4 21Q1 22: 0 buyingQ1 22: 0 sellingQ2 22: 1 buyingQ2 22: 0 sellingQ2 22Q3 22: 1 buyingQ3 22: 0 sellingQ4 22: 0 buyingQ4 22: 0 sellingQ4 22
Numbers
QuarterBuyingBoughtSellingSoldSold under a plan
Q1 20210—0——
Q2 20210—0——
Q3 20210—0——
Q4 20210—0——
Q1 20220—0——
Q2 20221$13.5k0——
Q3 20221$1.0k0——
Q4 20220—0——

None reported in Q4 2022.

Holders, Q4 2022

#ManagerLocationShares Value% of their portfolioChangeShares change
1 VANGUARD GROUP INC 0.00% of their portfolio Valley Forge, PA 21,828,32921.8m $155.4m $155.4m 0.00% Reduced -86.7k -86,682
2 PRICE T ROWE ASSOCIATES INC /MD/ 0.02% of their portfolio BALTIMORE, MD 17,439,37617.4m $124.2m $124.2m 0.02% Added +30.9k +30,862
3 BlackRock Inc. 0.00% of their portfolio New York, NY 13,949,31713.9m $99.3m $99.3m 0.00% Added +400.2k +400,249
4 Sessa Capital IM, L.P. 4.35% of their portfolio NEW YORK, NY 9,932,0439.9m $70.7m $70.7m 4.35% Unchanged
5 Land & Buildings Investment Management, LLC 13.49% of their portfolio STAMFORD, CT 8,798,9698.8m $62.6m $62.6m 13.49% Added +1.5m +1,457,755
6 STATE STREET CORP 0.00% of their portfolio BOSTON, MA 7,295,8867.3m $51.9m $51.9m 0.00% Added +34.2k +34,234
7 Long Pond Capital, LP 2.53% of their portfolio New York, NY 5,810,3665.8m $41.4m $41.4m 2.53% Reduced -4.9m -4,949,193
8 GOLDMAN SACHS GROUP INC 0.01% of their portfolio NEW YORK, NY 4,837,2644.8m $34.4m $34.4m 0.01% Reduced -14.7k -14,731
9 GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio BOSTON, MA 3,353,2313.4m $23.9m $23.9m 0.00% Added +420.0k +420,008
10 T. Rowe Price Investment Management, Inc. 0.02% of their portfolio BALTIMORE, MD 3,050,8063.1m $21.7m $21.7m 0.02% Added +57.3k +57,289
11 Balyasny Asset Management L.P. 0.07% of their portfolio Chicago, IL 2,815,9492.8m $20.0m $20.0m 0.07% Added +1.1m +1,104,248
12 MILLENNIUM MANAGEMENT LLC 0.02% of their portfolio NEW YORK, NY 2,707,9082.7m $19.3m $19.3m 0.02% Added +2.3m +2,319,867
13 Solel Partners LP 3.97% of their portfolio BOSTON, MA 2,487,4942.5m $17.7m $17.7m 3.97% Reduced -600.0k -600,000
14 CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.01% of their portfolio SAN FRANCISCO, CA 2,241,3942.2m $16.0m $16.0m 0.01% Added +139.6k +139,569
15 NORGES BANK 0.00% of their portfolio OSLO, Q8 2,113,3522.1m $15.0m $15.0m 0.00% Added +165.0k +165,000
16 DIMENSIONAL FUND ADVISORS LP 0.01% of their portfolio AUSTIN, TX 2,091,4302.1m $14.9m $14.9m 0.01% Reduced -9.6k -9,581
17 NORTHERN TRUST CORP 0.00% of their portfolio CHICAGO, IL 1,712,2531.7m $12.2m $12.2m 0.00% Added +27.2k +27,232
18 Madison Avenue Partners, LP 2.16% of their portfolio NEW YORK, NY 1,710,8001.7m $12.2m $12.2m 2.16% Added +1.4m +1,403,142
19 Uniplan Investment Counsel, Inc. 0.74% of their portfolio MILWAUKEE, WI 1,470,6421.5m $10.5m $10.5m 0.74% Reduced -65.9k -65,883
20 THOMPSON SIEGEL & WALMSLEY LLC 0.13% of their portfolio RICHMOND, VA 1,170,8521.2m $8.3m $8.3m 0.13% Added +14.2k +14,228
21 Legal & General Group Plc 0.00% of their portfolio London, X0 851,268851.3k $6.1m $6.1m 0.00% Added +46.4k +46,379
22 Bank of New York Mellon Corp 0.00% of their portfolio NEW YORK, NY 785,972786.0k $5.6m $5.6m 0.00% Added +123.1k +123,066
23 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 657,414657.4k $4.7m $4.7m 0.00% Reduced -60.6k -60,592
24 BARCLAYS PLC 0.00% of their portfolio LONDON, X0 640,436640.4k $4.6m $4.6m 0.00% First filing
25 Man Group plc 0.01% of their portfolio LONDON, X0 584,795584.8k $4.2m $4.2m 0.01% Added +263.9k +263,895
26 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.01% of their portfolio BALA CYNWYD, PA 580,047580.0k $4.1m $4.1m 0.01% Reduced -150.1k -150,113
27 UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.00% of their portfolio NEW YORK, NY 565,545565.5k $4.0m $4.0m 0.00% Added +32.9k +32,919
28 Nuveen Asset Management, LLC 0.00% of their portfolio CHICAGO, IL 562,252562.3k $4.0m $4.0m 0.00% Reduced -114.1k -114,088
29 D. E. Shaw & Co., Inc. 0.01% of their portfolio New York, NY 518,540518.5k $3.7m $3.7m 0.01% Added +54.7k +54,682
30 ENDEAVOUR CAPITAL ADVISORS INC 0.93% of their portfolio GREENWICH, CT 485,961486.0k $3.5m $3.5m 0.93% Added +86.9k +86,873
31 FEDERATED HERMES, INC. 0.01% of their portfolio PITTSBURGH, PA 480,866480.9k $3.4m $3.4m 0.01% Reduced -139 -139
32 FIRST TRUST ADVISORS LP 0.00% of their portfolio Wheaton, IL 465,386465.4k $3.3m $3.3m 0.00% Added +392.6k +392,559
33 Cubist Systematic Strategies, LLC 0.03% of their portfolio STAMFORD, CT 450,909450.9k $3.2m $3.2m 0.03% Added +256.5k +256,515
34 MUTUAL OF AMERICA CAPITAL MANAGEMENT LLC 0.03% of their portfolio New York, NY 394,482394.5k $2.8m $2.8m 0.03% Reduced -21.0k -21,049
35 Swiss National Bank 0.00% of their portfolio ZURICH, V8 367,384367.4k $2.6m $2.6m 0.00% Added +5.3k +5,300
36 VIRGINIA RETIREMENT SYSTEMS ET Al 0.03% of their portfolio RICHMOND, VA 366,900366.9k $2.6m $2.6m 0.03% Added +214.5k +214,500
37 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 360,258360.3k $2.6m $2.6m 0.00% Added +5.9k +5,876
38 Invesco Ltd. 0.00% of their portfolio ATLANTA, GA 359,644359.6k $2.6m $2.6m 0.00% Reduced -5.1k -5,148
39 HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND 0.01% of their portfolio TORONTO, A6 346,700346.7k $2.5m $2.5m 0.01% Reduced -408.0k -408,000
40 VOYA INVESTMENT MANAGEMENT LLC 0.00% of their portfolio ATLANTA, GA 346,137346.1k $2.5m $2.5m 0.00% Added +39.3k +39,335
41 KCS Wealth Advisory 0.98% of their portfolio LOS ANGELES, CA 330,245330.2k $2.4m $2.4m 0.98% Added +11.8k +11,783
42 State of New Jersey Common Pension Fund D 0.01% of their portfolio TRENTON, NJ 287,925287.9k $2.1m $2.1m 0.01% Reduced -61.0k -61,026
43 AXA S.A. 0.01% of their portfolio PARIS, I0 283,600283.6k $2.0m $2.0m 0.01% Reduced -261.6k -261,600
44 RHUMBLINE ADVISERS 0.00% of their portfolio BOSTON, MA 261,439261.4k $1.9m $1.9m 0.00% Added +484 +484
45 Asset Management One Co., Ltd. 0.01% of their portfolio TOKYO, M0 233,778233.8k $1.7m $1.7m 0.01% Reduced -1.5k -1,515
46 TWO SIGMA ADVISERS, LP 0.00% of their portfolio NEW YORK, NY 229,500229.5k $1.6m $1.6m 0.00% Reduced -54.8k -54,800
47 CREDIT SUISSE AG/ 0.00% of their portfolio ZURICH, V8 203,508203.5k $1.4m $1.4m 0.00% Added +30.1k +30,068
48 ALLIANCEBERNSTEIN L.P. 0.00% of their portfolio NASHVILLE, TN 202,798202.8k $1.4m $1.4m 0.00% Reduced -5.1k -5,108
49 VICTORY CAPITAL MANAGEMENT INC 0.00% of their portfolio San Antonio, TX 197,076197.1k $1.4m $1.4m 0.00% Added +145.9k +145,892
50 TWO SIGMA INVESTMENTS, LP 0.00% of their portfolio NEW YORK, NY 196,840196.8k $1.4m $1.4m 0.00% Reduced -131.0k -130,994
51 CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.00% of their portfolio WEST SACRAMENTO, CA 192,016192.0k $1.4m $1.4m 0.00% Added +1.5k +1,481
52 NATIONAL BANK OF CANADA /FI/ 0.00% of their portfolio MONTREAL, A8 192,000192.0k $1.4m $1.4m 0.00% New
53 PUBLIC EMPLOYEES RETIREMENT SYSTEM OF OHIO 0.01% of their portfolio COLUMBUS, OH 178,606178.6k $1.3m $1.3m 0.01% Reduced -64.4k -64,407
54 Amundi 0.00% of their portfolio Paris, I0 175,437175.4k $1.3m $1.3m 0.00% Added +22.9k +22,926
55 Sumitomo Mitsui Trust Group, Inc. 0.00% of their portfolio CHIYODA-KU, TOKYO, M0 169,467169.5k $1.2m $1.2m 0.00% Reduced -7.2k -7,219
56 Qube Research & Technologies Ltd 0.01% of their portfolio LONDON, X0 161,531161.5k $1.2m $1.2m 0.01% Added +142.5k +142,497
57 Graham Capital Management, L.P. 0.04% of their portfolio ROWAYTON, CT 152,647152.6k $1.1m $1.1m 0.04% Added +67.3k +67,275
58 NOMURA ASSET MANAGEMENT CO LTD 0.01% of their portfolio TOKYO, M0 152,500152.5k $1.1m $1.1m 0.01% Added +3.8k +3,800
59 PANAGORA ASSET MANAGEMENT INC 0.01% of their portfolio BOSTON, MA 148,206148.2k $1.1m $1.1m 0.01% New
60 STRS OHIO 0.00% of their portfolio COLUMBUS, OH 148,059148.1k $1.1m $1.1m 0.00% Reduced -6.1k -6,141
61 CANADA LIFE ASSURANCE Co 0.00% of their portfolio WINNIPEG, A2 142,177142.2k $1.0m $1.0m 0.00% Added +10.0k +9,998
62 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.00% of their portfolio MILWAUKEE, WI 142,145142.1k $1.0m $1.0m 0.00% Added +119 +119
63 Russell Investments Group, Ltd. 0.00% of their portfolio Seattle, WA 129,412129.4k $921.4k $921.4k 0.00% Reduced -40.9k -40,917
64 GROUP ONE TRADING LLC 0.03% of their portfolio CHICAGO, IL 125,910125.9k $896.5k $896.5k 0.03% Reduced -18.9k -18,900
65 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 115,632115.6k $823.3k $823.3k 0.00% Added +25.8k +25,754
66 CALDWELL SUTTER CAPITAL, INC. 0.69% of their portfolio SAUSALITO, CA 110,700110.7k $788.2k $788.2k 0.69% First filing
67 Jump Financial, LLC 0.04% of their portfolio Chicago, IL 105,243105.2k $749.3k $749.3k 0.04% Added +4.3k +4,343
68 Vestcor Inc 0.03% of their portfolio FREDERICTON, A3 105,054105.1k $748.0k $748.0k 0.03% Added +48.1k +48,094
69 DEUTSCHE BANK AG\ 0.00% of their portfolio FRANKFURT AM MAIN, 2M 104,933104.9k $747.1k $747.1k 0.00% Added +369 +369
70 UBS Group AG 0.00% of their portfolio ZURICH, V8 102,044102.0k $726.6k $726.6k 0.00% Reduced -3.6k -3,627
71 TCW GROUP INC 0.01% of their portfolio LOS ANGELES, CA 101,622101.6k $723.5k $723.5k 0.01% Reduced -25.5k -25,454
72 NEW YORK STATE COMMON RETIREMENT FUND 0.00% of their portfolio ALBANY, NY 101,472101.5k $722.5k $722.5k 0.00% Reduced -123 -123
73 JENNISON ASSOCIATES LLC 0.00% of their portfolio NEW YORK, NY 90,19990.2k $642.2k $642.2k 0.00% Reduced -2.3k -2,336
74 Caption Management, LLC 0.10% of their portfolio OKLAHOMA CITY, OK 84,68884.7k $603.0k $603.0k 0.10% Unchanged
75 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 83,93083.9k $597.6k $597.6k 0.00% Added +15.4k +15,405
76 TEACHER RETIREMENT SYSTEM OF TEXAS 0.00% of their portfolio AUSTIN, TX 80,18780.2k $571.0k $571.0k 0.00% Added +54.1k +54,110
77 MATHER GROUP, LLC. 0.01% of their portfolio CHICAGO, IL 79,99880.0k $569.6k $569.6k 0.01% Added +4.8k +4,755
78 Mitsubishi UFJ Asset Management Co., Ltd. 0.00% of their portfolio TOKYO, M0 79,50679.5k $564.5k $564.5k 0.00% Added +6.8k +6,750
79 MetLife Investment Management, LLC 0.00% of their portfolio Whippany, NJ 79,00379.0k $562.5k $562.5k 0.00% Unchanged
80 CENTERSQUARE INVESTMENT MANAGEMENT LLC 0.01% of their portfolio CONSHOHOCKEN, PA 77,90077.9k $554.6k $554.6k 0.01% Reduced -1.2m -1,185,728
81 ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio Berwyn, PA 77,60577.6k $552.5k $552.5k 0.00% Reduced -4.0k -3,972
82 State of Alaska, Department of Revenue 0.01% of their portfolio JUNEAU, AK 75,34075.3k $535.0k $535.0k 0.01% Added +868 +868
83 GATEWAY INVESTMENT ADVISERS LLC 0.01% of their portfolio CINCINNATI, OH 73,75873.8k $525.2k $525.2k 0.01% Added +84 +84
84 AMERICAN INTERNATIONAL GROUP, INC. 0.00% of their portfolio New York, NY 70,85570.9k $504.5k $504.5k 0.00% Reduced -258 -258
85 Mirae Asset Global Investments Co., Ltd. 0.00% of their portfolio SEOUL, M5 66,66966.7k $474.7k $474.7k 0.00% Added +750 +750
86 PICTET ASSET MANAGEMENT SA 0.00% of their portfolio GENEVA 73, V8 66,17466.2k $471.0k $471.0k 0.00% Added +6.4k +6,403
87 SG Americas Securities, LLC 0.01% of their portfolio NEW YORK, NY 64,87264.9k $462.0k $462.0k 0.01% Added +1.2k +1,211
88 STATE BOARD OF ADMINISTRATION OF FLORIDA RETIREMENT SYSTEM 0.00% of their portfolio TALLAHASSEE, FL 64,37564.4k $458.4k $458.4k 0.00% Reduced -5.8k -5,770
89 STIFEL FINANCIAL CORP 0.00% of their portfolio ST. LOUIS, MO 62,11662.1k $442.3k $442.3k 0.00% Reduced -2.4k -2,384
90 MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.00% of their portfolio Toronto, A6 60,21560.2k $428.7k $428.7k 0.00% Reduced -198 -198
91 AQR CAPITAL MANAGEMENT LLC 0.00% of their portfolio Greenwich, CT 60,15960.2k $428.3k $428.3k 0.00% Added +22.5k +22,470
92 NEUBERGER BERMAN GROUP LLC 0.00% of their portfolio NEW YORK, NY 58,13258.1k $413.9k $413.9k 0.00% Reduced -201 -201
93 HSBC HOLDINGS PLC 0.00% of their portfolio LONDON, X0 57,07357.1k $406.4k $406.4k 0.00% Reduced -3.8k -3,808
94 Bleakley Financial Group, LLC 0.01% of their portfolio PARSIPPANY, NJ 54,99655.0k $391.6k $391.6k 0.01% First filing
95 BAILARD, INC. 0.01% of their portfolio Foster City, CA 54,69554.7k $389.4k $389.4k 0.01% Added +26.6k +26,595
96 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 54,65654.7k $390.0k $390.0k 0.00% Added +26.7k +26,686
97 Cipher Capital LP 0.07% of their portfolio New York, NY 52,74952.7k $375.6k $375.6k 0.07% Reduced -26.3k -26,271
98 Zurcher Kantonalbank (Zurich Cantonalbank) 0.00% of their portfolio ZURICH, V8 51,32551.3k $365.4k $365.4k 0.00% Added +6.9k +6,887
99 NISA INVESTMENT ADVISORS, LLC 0.00% of their portfolio ST. LOUIS, MO 49,07349.1k $349.0k $349.0k 0.00% Unchanged
100 GSA CAPITAL PARTNERS LLP 0.04% of their portfolio LONDON, X0 45,98146.0k $327.0k $327.0k 0.04% New