Vault-13

APOLLO GLOBAL MGMT INC APO 6.75 07.31.26

SER A MAND CNV · PUBLIC · CUSIP 03769M304

86 institutional holders +9 vs Q3 2024
30,455,66330.5m shares reported held*
$2.4bnreported value*
15 new 16 added 39 reduced 7 sold out net sold ≈ $21.9m (-1.7m 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 ($10.0m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $76.92.

Trends to Q4 2024

Institutional holders

Managers reporting a position, each quarter

050100Q3 23: 60Q4 23: 60Q1 24: 62Q2 24: 69Q3 24: 77Q4 24: 8686Q3 23Q4 23Q1 24Q2 24Q3 24Q4 24
Numbers
QuarterHolders
Q3 202360
Q4 202360
Q1 202462
Q2 202469
Q3 202477
Q4 202486

Buyers vs sellers

Managers adding to or starting a position, vs cutting or selling out

Bought or addedCut or sold out
50050Q4 23: 29 bought or addedQ4 23: 33 cut or sold outQ4 23Q1 24: 25 bought or addedQ1 24: 32 cut or sold outQ1 24Q2 24: 25 bought or addedQ2 24: 31 cut or sold outQ2 24Q3 24: 31 bought or addedQ3 24: 28 cut or sold outQ3 24Q4 24: 31 bought or addedQ4 24: 46 cut or sold outQ4 24
Numbers
QuarterBought or addedCut or sold out
Q4 20232933
Q1 20242532
Q2 20242531
Q3 20243128
Q4 20243146

Biggest buyers

TWO SIGMA INVESTMENTS, LP Added +723,084+723.1k
Shaolin Capital Management LLC New +650,000+650.0k
D. E. Shaw & Co., Inc. Added +625,000+625.0k
BANK OF AMERICA CORP /DE/ Added +403,516+403.5k
CSS LLC/IL Added +388,795+388.8k
Sculptor Capital LP Added +334,375+334.4k
AQR Arbitrage LLC New +201,450+201.4k
LORD, ABBETT & CO. LLC New +199,792+199.8k
Clearbridge Investments, LLC Added +153,346+153.3k
FMR LLC Added +130,477+130.5k

Biggest sellers

VOYA INVESTMENT MANAGEMENT LLC Reduced -1,685,000-1.7m
Russell Investments Group, Ltd. Reduced -1,310,700-1.3m
JANE STREET GROUP, LLC Reduced -406,152-406.2k
ADVENT CAPITAL MANAGEMENT /DE/ Reduced -397,764-397.8k
BlackRock, Inc. Reduced -256,240-256.2k
MORGAN STANLEY Reduced -202,432-202.4k
AMERIPRISE FINANCIAL INC Reduced -188,930-188.9k
BARCLAYS PLC Reduced -184,841-184.8k
NORGES BANK Reduced -150,000-150.0k
SSI INVESTMENT MANAGEMENT LLC Reduced -125,590-125.6k

Holders, Q4 2024

#ManagerLocationShares Value% of their portfolioChangeShares change
1 Russell Investments Group, Ltd. 0.01% of their portfolio Seattle, WA 4,000,7004.0m $7.0m $7.0m 0.01% Reduced -1.3m -1,310,700
2 BlackRock, Inc. 0.00% of their portfolio New York, NY 2,487,8112.5m $216.2m $216.2m 0.00% Reduced -256.2k -256,240
3 FRANKLIN RESOURCES INC 0.06% of their portfolio San Mateo, CA 2,377,8122.4m $206.7m $206.7m 0.06% Reduced -26.5k -26,500
4 VOYA INVESTMENT MANAGEMENT LLC 0.21% of their portfolio ATLANTA, GA 2,305,0002.3m $200.3m $200.3m 0.21% Reduced -1.7m -1,685,000
5 Calamos Advisors LLC 0.69% of their portfolio NAPERVILLE, IL 1,728,1281.7m $150.2m $150.2m 0.69% Reduced -10.9k -10,940
6 TWO SIGMA INVESTMENTS, LP 0.28% of their portfolio NEW YORK, NY 1,423,0841.4m $123.7m $123.7m 0.28% Added +723.1k +723,084
7 Sculptor Capital LP 1.74% of their portfolio New York, NY 1,258,9911.3m $109.4m $109.4m 1.74% Added +334.4k +334,375
8 VICTORY CAPITAL MANAGEMENT INC 0.11% of their portfolio San Antonio, TX 1,240,9381.2m $107.8m $107.8m 0.11% Reduced -1.2k -1,200
9 ADVENT CAPITAL MANAGEMENT /DE/ 2.13% of their portfolio NEW YORK, NY 1,063,3531.1m $92.0m $92.0m 2.13% Reduced -397.8k -397,764
10 NORGES BANK 0.01% of their portfolio OSLO, Q8 1,050,0001.1m $91.3m $91.3m 0.01% Reduced -150.0k -150,000
11 Capital International Investors 0.02% of their portfolio Los Angeles, CA 970,400970.4k $84.3m $84.3m 0.02% Unchanged
12 Third Point LLC 1.05% of their portfolio NEW YORK, NY 900,000900.0k $78.2m $78.2m 1.05% Unchanged
13 Clearbridge Investments, LLC 0.06% of their portfolio NEW YORK, NY 890,203890.2k $77.4m $77.4m 0.06% Added +153.3k +153,346
14 FMR LLC 0.00% of their portfolio BOSTON, MA 817,277817.3k $71.2m $71.2m 0.00% Added +130.5k +130,477
15 BANK OF AMERICA CORP /DE/ 0.01% of their portfolio CHARLOTTE, NC 782,164782.2k $68.0m $68.0m 0.01% Added +403.5k +403,516
16 MacKay Shields LLC 1.89% of their portfolio New York, NY 733,576733.6k $64.0m $64.0m 1.89% Reduced -6.5k -6,505
17 D. E. Shaw & Co., Inc. 0.07% of their portfolio New York, NY 725,000725.0k $63.2m $63.2m 0.07% Added +625.0k +625,000
18 MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. 0.13% of their portfolio CAUSEWAY BAY, K3 691,963692.0k $60.1m $60.1m 0.13% Reduced -58.8k -58,775
19 Shaolin Capital Management LLC 1.74% of their portfolio Miami, FL 650,000650.0k $56.6m $56.6m 1.74% New
20 SONA ASSET MANAGEMENT (US) LLC 2.92% of their portfolio NEW YORK, NY 650,000650.0k $56.7m $56.7m 2.92% Unchanged
21 AMERIPRISE FINANCIAL INC 0.01% of their portfolio MINNEAPOLIS, MN 631,400631.4k $55.0m $55.0m 0.01% Reduced -188.9k -188,930
22 CSS LLC/IL 2.54% of their portfolio CHICAGO, IL 489,362489.4k $42.7m $42.7m 2.54% Added +388.8k +388,795
23 STATE STREET CORP 0.00% of their portfolio BOSTON, MA 471,300471.3k $41.1m $41.1m 0.00% Added +54.0k +54,000
24 JANE STREET GROUP, LLC 0.06% of their portfolio NEW YORK, NY 407,441407.4k $35.4m $35.4m 0.06% Reduced -406.2k -406,152
25 PIER 88 INVESTMENT PARTNERS LLC 5.17% of their portfolio SAN FRANCISCO, CA 302,080302.1k $26.3m $26.3m 5.17% Reduced -22.1k -22,120
26 Thrivent Financial for Lutherans 0.04% of their portfolio Minneapolis, MN 248,568248.6k $21.6m $21.6m 0.04% Reduced -4.0k -4,000
27 SSI INVESTMENT MANAGEMENT LLC 1.38% of their portfolio Los Angeles, CA 211,840211.8k $18.4m $18.4m 1.38% Reduced -125.6k -125,590
28 AQR Arbitrage LLC 0.42% of their portfolio Greenwich, CT 201,450201.4k $17.6m $17.6m 0.42% New
29 LORD, ABBETT & CO. LLC 0.06% of their portfolio JERSEY CITY, NJ 199,792199.8k $17.4m $17.4m 0.06% New
30 Alberta Investment Management Corp 0.10% of their portfolio EDMONTON, A0 175,000175.0k $15.2m $15.2m 0.10% Unchanged
31 INFRASTRUCTURE CAPITAL ADVISORS, LLC 1.70% of their portfolio New York, NY 146,441146.4k $12.7m $12.7m 1.70% Added +122.9k +122,922
32 BARCLAYS PLC 0.01% of their portfolio LONDON, X0 130,376130.4k $11.3m $11.3m 0.01% Reduced -184.8k -184,841
33 SUSQUEHANNA ADVISORS GROUP, INC. 0.40% of their portfolio BALA CYNWYD, PA 125,000125.0k $10.9m $10.9m 0.40% First filing
34 Skaana Management L.P. 3.25% of their portfolio BROOKLYN, NY 116,922116.9k $10.2m $10.2m 3.25% Added +111.8k +111,750
35 Invesco Ltd. 0.00% of their portfolio ATLANTA, GA 110,800110.8k $9.6m $9.6m 0.00% Reduced -10.8k -10,850
36 RATIONAL ADVISORS, INC. 0.85% of their portfolio San Juan, PR 99,90099.9k $8.7m $8.7m 0.85% Added +8.0k +8,000
37 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 73,71873.7k $6.4m $6.4m 0.00% Reduced -76.2k -76,233
38 Penserra Capital Management LLC 0.11% of their portfolio ORINDA, CA 67,10667.1k $5.8m $5.8m 0.11% Reduced -7.3k -7,325
39 BlueCrest Capital Management Ltd 0.32% of their portfolio ST HELIER, Y9 64,11564.1k $5.6m $5.6m 0.32% Reduced -15.7k -15,675
40 NEUBERGER BERMAN GROUP LLC 0.00% of their portfolio NEW YORK, NY 60,31560.3k $5.2m $5.2m 0.00% Added +1.4k +1,389
41 FEDERATED HERMES, INC. 0.01% of their portfolio PITTSBURGH, PA 60,00060.0k $5.2m $5.2m 0.01% Unchanged
42 LAFFER TENGLER INVESTMENTS, INC. 1.03% of their portfolio Scottsdale, AZ 59,99560.0k $5.2m $5.2m 1.03% Reduced -1.1k -1,115
43 MACQUARIE GROUP LTD 0.01% of their portfolio Sydney, NSW 2000, C3 49,02849.0k $4.3m $4.3m 0.01% Reduced -23.2k -23,197
44 Morse Asset Management, Inc 0.96% of their portfolio DARIEN, CT 48,01548.0k $4.2m $4.2m 0.96% Reduced -280 -280
45 AMERICAN CENTURY COMPANIES INC 0.00% of their portfolio KANSAS CITY, MO 43,50943.5k $3.8m $3.8m 0.00% Added +2.4k +2,421
46 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 42,32242.3k $3.7m $3.7m 0.00% Reduced -202.4k -202,432
47 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 39,68739.7k $3.4m $3.4m 0.00% Reduced -93.7k -93,737
48 CITIGROUP INC 0.00% of their portfolio NEW YORK, NY 39,22439.2k $3.4m $3.4m 0.00% Reduced -65.0k -65,000
49 AGF MANAGEMENT LTD 0.02% of their portfolio TORONTO, A6 38,00038.0k $3.3m $3.3m 0.02% Reduced -10.0k -10,000
50 Alken Asset Management Ltd 6.03% of their portfolio LONDON, X0 36,60036.6k $3.2m $3.2m 6.03% Added +16.0k +16,000
51 Paloma Partners Management Co 0.19% of their portfolio GREENWICH, CT 32,50032.5k $2.8m $2.8m 0.19% Unchanged
52 WELLINGTON MANAGEMENT GROUP LLP 0.00% of their portfolio Boston, MA 31,12631.1k $2.7m $2.7m 0.00% New
53 LOOMIS SAYLES & CO L P 0.01% of their portfolio BOSTON, MA 26,38326.4k $4.4m $4.4m 0.01% Reduced -89.7k -89,722
54 AEGON USA Investment Management, LLC 1.73% of their portfolio CEDAR RAPIDS, IA 25,91325.9k $2.3m $2.3m 1.73% Reduced -3.0k -3,000
55 HRT FINANCIAL LP 0.01% of their portfolio NEW YORK, NY 25,39125.4k $2.2m $2.2m 0.01% New
56 PALISADE CAPITAL MANAGEMENT, LP 0.05% of their portfolio FORT LEE, NJ 19,82019.8k $1.7m $1.7m 0.05% Unchanged
57 Uniplan Investment Counsel, Inc. 0.11% of their portfolio MILWAUKEE, WI 13,95214.0k $1.2m $1.2m 0.11% New
58 OPPENHEIMER & CO INC 0.01% of their portfolio NEW YORK, NY 11,48011.5k $997.7k $997.7k 0.01% Reduced -900 -900
59 Warberg Asset Management LLC 0.25% of their portfolio WINNETKA, IL 10,50810.5k $913.2k $913.2k 0.25% New
60 Calamos Wealth Management LLC 0.04% of their portfolio NAPERVILLE, IL 9,8539.9k $856.3k $856.3k 0.04% Reduced -590 -590
61 CITADEL ADVISORS LLC 0.00% of their portfolio MIAMI, FL 9,6029.6k $834.5k $834.5k 0.00% New
62 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio BALA CYNWYD, PA 9,3329.3k $811.0k $811.0k 0.00% Reduced -115.7k -115,668
63 Central Pacific Bank - Trust Division 0.09% of their portfolio HONOLULU, HI 7,9508.0k $690.9k $690.9k 0.09% Reduced -6.2k -6,170
64 Capital International, Inc./CA/ 0.01% of their portfolio Los Angeles, CA 6,9006.9k $599.7k $599.7k 0.01% Unchanged
65 SEI INVESTMENTS CO 0.00% of their portfolio OAKS, PA 5,1505.2k $447.6k $447.6k 0.00% Unchanged
66 FIRST HAWAIIAN BANK 0.01% of their portfolio HONOLULU, HI 5,0255.0k $436.7k $436.7k 0.01% Reduced -5.7k -5,720
67 MILLENNIUM MANAGEMENT LLC 0.00% of their portfolio NEW YORK, NY 4,6504.7k $405.1k $405.1k 0.00% Reduced -32 -32
68 RAYMOND JAMES FINANCIAL INC 0.00% of their portfolio ST. PETERSBURG, FL 4,6174.6k $401.3k $401.3k 0.00% First filing
69 &PARTNERS 0.00% of their portfolio NASHVILLE, TN 4,2544.3k $378.1k $378.1k 0.00% Reduced -81 -81
70 OPPENHEIMER ASSET MANAGEMENT INC. 0.00% of their portfolio NEW YORK, NY 2,9282.9k $254.5k $254.5k 0.00% Reduced -270 -270
71 ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio Berwyn, PA 2,6812.7k $233.0k $233.0k 0.00% New
72 LAZARD ASSET MANAGEMENT LLC 0.00% of their portfolio NEW YORK, NY 2,6522.7k $230.0k $230.0k 0.00% Unchanged
73 UBS Group AG 0.00% of their portfolio ZURICH, V8 1,5221.5k $132.3k $132.3k 0.00% Added +1.3k +1,309
74 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 1,2141.2k $106.0k $106.0k 0.00% Added +668 +668
75 Steward Partners Investment Advisory, LLC 0.00% of their portfolio STAMFORD, CT 1,1221.1k $97.5k $97.5k 0.00% New
76 Colonial Trust Advisors 0.01% of their portfolio SPARTANBURG, SC 696696 $60.5k $60.5k 0.01% Unchanged
77 Tower Research Capital LLC (TRC) 0.00% of their portfolio NEW YORK, NY 419419 $36.4k $36.4k 0.00% Reduced -471 -471
78 FIFTH THIRD BANCORP 0.00% of their portfolio CINCINNATI, OH 366366 $31.8k $31.8k 0.00% New
79 Mirae Asset Global Investments Co., Ltd. 0.00% of their portfolio SEOUL, M5 176176 $10 $10 0.00% New
80 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.00% of their portfolio MILWAUKEE, WI 150150 $13.0k $13.0k 0.00% New
81 US BANCORP \DE\ 0.00% of their portfolio MINNEAPOLIS, MN 8585 $7.4k $7.4k 0.00% Unchanged
82 ROTHSCHILD INVESTMENT LLC 0.00% of their portfolio CHICAGO, IL 5959 $5.1k $5.1k 0.00% Unchanged
83 Cassady Schiller Wealth Management, LLC 0.00% of their portfolio CINCINNATI, OH 5050 $4.3k $4.3k 0.00% New
84 COMERICA BANK 0.00% of their portfolio DALLAS, TX 1515 $1.3k $1.3k 0.00% Reduced -76 -76
85 TD PRIVATE CLIENT WEALTH LLC 0.00% of their portfolio NEW YORK, NY 99 $782 $782 0.00% New
86 CONCOURSE FINANCIAL GROUP SECURITIES, INC. 0.00% of their portfolio BIRMINGHAM, AL 00 $0 $0 0.00% Unchanged