Vault-13

APOLLO COML REAL ESTATE FIN ARI 5.375 10.15.23

NOTE 5.375%10/1 · US DOMESTIC · CUSIP 03762UAC9

43 institutional holders -2 vs Q3 2022
16,000,00016.0m shares reported held*
$141.9mreported value*
10 new 9 added 3 reduced 11 sold out net bought ≈ $1.2m (+639.7k 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. Holder counts are more reliable. Implied quarter-end price ≈ $8.87.

Trends to Q4 2022

Institutional holders

Managers reporting a position, each quarter

0204060Q3 22: 45Q4 22: 4343Q3 22Q4 22
Numbers
QuarterHolders
Q3 202245
Q4 202243

Biggest buyers

Kohlberg Kravis Roberts & Co. L.P. New +4,144,000+4.1m
Skaana Management L.P. New +3,996,000+4.0m
PIPER SANDLER & CO. New +3,349,000+3.3m
Aequim Alternative Investments LP New +3,000,000+3.0m
PALISADE CAPITAL MANAGEMENT, LP New +2,194,000+2.2m
WELLS FARGO & COMPANY/MN Added +1,699,000+1.7m
OAKTREE CAPITAL MANAGEMENT LP Added +1,368,000+1.4m
LAZARD ASSET MANAGEMENT LLC Added +1,025,000+1.0m
WESTWOOD HOLDINGS GROUP INC Added +1,000,000+1.0m
Parallax Volatility Advisers, L.P. Added +976,000+976.0k

Biggest sellers

AVIVA PLC Sold out -7,500,000-7.5m
ADVENT CAPITAL MANAGEMENT /DE/ Reduced -4,993,000-5.0m
LDR Capital Management LLC Sold out -3,594,000-3.6m
Aequim Alternative Investments LP Sold out -3,000,000-3.0m
PALISADE CAPITAL MANAGEMENT, LP Sold out -2,194,000-2.2m
Western Asset Management Company, LLC Reduced -1,950,000-1.9m
ZAZOVE ASSOCIATES LLC Sold out -300,000-300.0k
BNP PARIBAS FINANCIAL MARKETS Sold out -176,315-176.3k
NewEdge Advisors, LLC Sold out -35,000-35.0k
AMERICAN CENTURY COMPANIES INC Reduced -30,000-30.0k

Holders, Q4 2022

#ManagerLocationShares Value% of their portfolioChangeShares change
1 Linden Advisors LP 0.27% of their portfolio New York, NY 26,258,00026.3m $25.7m $25.7m 0.27% Unchanged
2 OAKTREE CAPITAL MANAGEMENT LP 0.20% of their portfolio LOS ANGELES, CA 18,467,00018.5m $18.1m $18.1m 0.20% Added +1.4m +1,368,000
3 Allianz Asset Management GmbH 0.04% of their portfolio MUNICH, 2M 17,228,00017.2m $16.9m $16.9m 0.04% Unchanged
4 Western Asset Management Company, LLC 5.92% of their portfolio Pasadena, CA 13,915,00013.9m $13.6m $13.6m 5.92% Reduced -1.9m -1,950,000
5 Bain Capital Credit, LP 2.72% of their portfolio Boston, MA 7,007,0007.0m $7.0m $7.0m 2.72% Unchanged
6 SSI INVESTMENT MANAGEMENT LLC 0.39% of their portfolio Los Angeles, CA 6,250,0006.2m $6.1m $6.1m 0.39% Unchanged
7 Thrivent Financial for Lutherans 0.01% of their portfolio Minneapolis, MN 5,700,0005.7m $5.5m $5.5m 0.01% Unchanged
8 Parallax Volatility Advisers, L.P. 0.13% of their portfolio San Francisco, CA 5,000,0005.0m $4.9m $4.9m 0.13% Added +976.0k +976,000
9 WESTWOOD HOLDINGS GROUP INC 0.04% of their portfolio DALLAS, TX 4,850,0004.8m $4.8m $4.8m 0.04% Added +1.0m +1,000,000
10 Russell Investments Group, Ltd. 0.01% of their portfolio Seattle, WA 4,323,0004.3m $4.3m $4.3m 0.01% Added +771.0k +771,000
11 Kohlberg Kravis Roberts & Co. L.P. 0.14% of their portfolio NEW YORK, NY 4,144,0004.1m $4.1m $4.1m 0.14% New
12 Skaana Management L.P. 1.44% of their portfolio BROOKLYN, NY 3,996,0004.0m $3.9m $3.9m 1.44% New
13 PIPER SANDLER & CO. 3.37% of their portfolio MINNEAPOLIS, MN 3,349,0003.3m $3.3m $3.3m 3.37% New
14 Aequim Alternative Investments LP 0.08% of their portfolio MILL VALLEY, CA 3,000,0003.0m $2.9m $2.9m 0.08% New
15 LAZARD ASSET MANAGEMENT LLC 0.00% of their portfolio NEW YORK, NY 2,570,0002.6m $2.5m $2.5m 0.00% Added +1.0m +1,025,000
16 PALISADE CAPITAL MANAGEMENT, LP 0.06% of their portfolio FORT LEE, NJ 2,194,0002.2m $2.2m $2.2m 0.06% New
17 AGF MANAGEMENT LTD 0.01% of their portfolio TORONTO, A6 2,000,0002.0m $1.9m $1.9m 0.01% First filing
18 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 1,819,0001.8m $1.8m $1.8m 0.00% Added +1.7m +1,699,000
19 Amundi 0.00% of their portfolio Paris, I0 1,700,0001.7m $1.7m $1.7m 0.00% Unchanged
20 Lombard Odier Asset Management (Europe) Ltd 0.10% of their portfolio LONDON, X0 1,700,0001.7m $2.3m $2.3m 0.10% Unchanged
21 Apollo Management Holdings, L.P. 0.01% of their portfolio New York, NY 1,216,0001.2m $1.2m $1.2m 0.01% Unchanged
22 BNP PARIBAS FINANCIAL MARKETS 0.00% of their portfolio PARIS, I0 1,094,0001.1m $1.1m $1.1m 0.00% Unchanged
23 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 881,000881.0k $865.0k $865.0k 0.00% Added +763.0k +763,000
24 SCHRODER INVESTMENT MANAGEMENT GROUP 0.00% of their portfolio London, X0 600,000600.0k $583.5k $583.5k 0.00% New
25 Sculati Wealth Management, LLC 0.15% of their portfolio Bloomfield Hills, MI 275,000275.0k $272.0k $272.0k 0.15% Unchanged
26 BLAIR WILLIAM & CO/IL 0.00% of their portfolio CHICAGO, IL 200,000200.0k $194.5k $194.5k 0.00% Unchanged
27 Bank of New York Mellon Corp 0.00% of their portfolio NEW YORK, NY 200,000200.0k $196.0k $196.0k 0.00% Unchanged
28 Steward Partners Investment Advisory, LLC 0.00% of their portfolio STAMFORD, CT 145,000145.0k $141.0k $141.0k 0.00% Unchanged
29 AMERICAN CENTURY COMPANIES INC 0.00% of their portfolio KANSAS CITY, MO 141,000141.0k $138.5k $138.5k 0.00% Reduced -30.0k -30,000
30 BARCLAYS PLC 0.00% of their portfolio LONDON, X0 140,000140.0k $137.5k $137.5k 0.00% First filing
31 RAYMOND JAMES & ASSOCIATES 0.00% of their portfolio ST PETERSBURG, FL 65,00065.0k $63.2k $63.2k 0.00% Unchanged
32 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 50,00050.0k $49.0k $49.0k 0.00% Added +25.0k +25,000
33 Obermeyer Wealth Partners 0.00% of their portfolio ASPEN, CO 40,00040.0k $39.6k $39.6k 0.00% Unchanged
34 EXCALIBUR MANAGEMENT CORP 0.02% of their portfolio WALTHAM, MA 35,00035.0k $34.0k $34.0k 0.02% Added +15.0k +15,000
35 Lido Advisors, LLC 0.06% of their portfolio Los Angeles, CA 34,00034.0k $3.3m $3.3m 0.06% New
36 JANE STREET GROUP, LLC 0.00% of their portfolio NEW YORK, NY 30,00030.0k $29.3k $29.3k 0.00% New
37 GRIMES & Co WEALTH MANAGEMENT, LLC 0.00% of their portfolio WESTBOROUGH, MA 20,00020.0k $19.4k $19.4k 0.00% New
38 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 18,00018.0k $17.5k $17.5k 0.00% New
39 Raymond James Financial Services Advisors, Inc. 0.00% of their portfolio ST. PETERSBURG, FL 15,00015.0k $14.6k $14.6k 0.00% Unchanged
40 Activest Wealth Management 0.00% of their portfolio AVENTURA, FL 15,00015.0k $14.6k $14.6k 0.00% Unchanged
41 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.00% of their portfolio MILWAUKEE, WI 13,00013.0k $12.6k $12.6k 0.00% Unchanged
42 ADVENT CAPITAL MANAGEMENT /DE/ 0.00% of their portfolio NEW YORK, NY 5,0005.0k $4.9k $4.9k 0.00% Reduced -5.0m -4,993,000
43 CONCOURSE FINANCIAL GROUP SECURITIES, INC. 0.00% of their portfolio BIRMINGHAM, AL 00 $0 $0 0.00% Unchanged