Vault-13

APOLLO GLOBAL MGMT INC APO 6.75 07.31.26

SER A MAND CNV · PUBLIC · CUSIP 03769M304

71 institutional holders -1 vs Q1 2026
30,948,02730.9m shares reported held*
$1.7bnreported value*
8 new 15 added 26 reduced 10 sold out net bought ≈ $51.2m (+838.6k 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 ($4.5m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $54.11.

Trends to Q2 2026

Institutional holders

Managers reporting a position, each quarter

050100Q3 23: 60Q4 23: 60Q1 24: 62Q2 24: 69Q3 24: 77Q4 24: 86Q1 25: 79Q2 25: 81Q3 25: 81Q4 25: 82Q1 26: 72Q2 26: 7171Q3 23Q2 24Q1 25Q4 25Q2 26
Numbers
QuarterHolders
Q3 202360
Q4 202360
Q1 202462
Q2 202469
Q3 202477
Q4 202486
Q1 202579
Q2 202581
Q3 202581
Q4 202582
Q1 202672
Q2 202671

Buyers vs sellers

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

Bought or addedCut or sold out
50050Q3 24: 31 bought or addedQ3 24: 28 cut or sold outQ4 24: 31 bought or addedQ4 24: 46 cut or sold outQ4 24Q1 25: 31 bought or addedQ1 25: 48 cut or sold outQ2 25: 37 bought or addedQ2 25: 33 cut or sold outQ2 25Q3 25: 32 bought or addedQ3 25: 33 cut or sold outQ4 25: 27 bought or addedQ4 25: 48 cut or sold outQ4 25Q1 26: 29 bought or addedQ1 26: 40 cut or sold outQ2 26: 23 bought or addedQ2 26: 36 cut or sold outQ2 26
Numbers
QuarterBought or addedCut or sold out
Q3 20243128
Q4 20243146
Q1 20253148
Q2 20253733
Q3 20253233
Q4 20252748
Q1 20262940
Q2 20262336

Biggest buyers

Elequin Capital, LP Added +2,535,358+2.5m
CSS LLC/IL Added +1,084,181+1.1m
Sculptor Capital LP Added +745,465+745.5k
Weiss Asset Management LP Added +400,000+400.0k
BANK OF AMERICA CORP /DE/ Added +242,573+242.6k
Walleye Capital LLC New +225,000+225.0k
FMR LLC Added +133,992+134.0k
D. E. Shaw & Co., Inc. Added +125,000+125.0k
BARCLAYS PLC Added +123,261+123.3k
Warberg Asset Management LLC New +110,589+110.6k

Biggest sellers

TWO SIGMA INVESTMENTS, LP Reduced -1,519,254-1.5m
Shaolin Capital Management LLC Reduced -900,000-900.0k
MORGAN STANLEY Reduced -446,844-446.8k
STATE STREET CORP Sold out -372,941-372.9k
INFRASTRUCTURE CAPITAL ADVISORS, LLC Reduced -303,907-303.9k
Magnetar Financial LLC Sold out -250,000-250.0k
Russell Investments Group, Ltd. Reduced -226,700-226.7k
Thrivent Financial for Lutherans Sold out -215,950-215.9k
ADVENT CAPITAL MANAGEMENT /DE/ Reduced -214,576-214.6k
BlackRock, Inc. Reduced -199,314-199.3k

Holders, Q2 2026

#ManagerLocationShares Value% of their portfolioChangeShares change
1 Russell Investments Group, Ltd. 0.00% of their portfolio Seattle, WA 3,697,3003.7m $4.5m $4.5m 0.00% Reduced -226.7k -226,700
2 Elequin Capital, LP 5.16% of their portfolio NEW YORK, NY 2,542,5662.5m $154.5m $154.5m 5.16% Added +2.5m +2,535,358
3 FRANKLIN RESOURCES INC 0.03% of their portfolio San Mateo, CA 2,347,6872.3m $143.0m $143.0m 0.03% Reduced -26.9k -26,898
4 Capital International Investors 0.03% of their portfolio Los Angeles, CA 2,191,4202.2m $133.5m $133.5m 0.03% Added +32.0k +32,000
5 Sculptor Capital LP 1.35% of their portfolio New York, NY 2,137,2832.1m $130.1m $130.1m 1.35% Added +745.5k +745,465
6 BlackRock, Inc. 0.00% of their portfolio New York, NY 1,788,1481.8m $108.9m $108.9m 0.00% Reduced -199.3k -199,314
7 Shaolin Capital Management LLC 5.52% of their portfolio Miami, FL 1,600,0001.6m $97.4m $97.4m 5.52% Reduced -900.0k -900,000
8 SUSQUEHANNA ADVISORS GROUP, INC. 2.30% of their portfolio BALA CYNWYD, PA 1,375,0001.4m $83.8m $83.8m 2.30% Unchanged
9 CSS LLC/IL 3.67% of their portfolio CHICAGO, IL 1,361,4991.4m $82.8m $82.8m 3.67% Added +1.1m +1,084,181
10 Capital Research Global Investors 0.01% of their portfolio Los Angeles, CA 1,361,3161.4m $82.9m $82.9m 0.01% Unchanged
11 BANK OF MONTREAL /CAN/ 0.03% of their portfolio TORONTO, A6 1,275,0001.3m $77.7m $77.7m 0.03% Unchanged
12 Calamos Advisors LLC 0.27% of their portfolio NAPERVILLE, IL 1,231,2161.2m $75.0m $75.0m 0.27% Added +745 +745
13 ADVENT CAPITAL MANAGEMENT /DE/ 1.51% of their portfolio NEW YORK, NY 1,088,8601.1m $66.4m $66.4m 1.51% Reduced -214.6k -214,576
14 D. E. Shaw & Co., Inc. 0.03% of their portfolio New York, NY 895,000895.0k $54.4m $54.4m 0.03% Added +125.0k +125,000
15 Weiss Asset Management LP 0.53% of their portfolio BOSTON, MA 775,000775.0k $47.2m $47.2m 0.53% Added +400.0k +400,000
16 VICTORY CAPITAL MANAGEMENT INC 0.03% of their portfolio San Antonio, TX 763,167763.2k $46.5m $46.5m 0.03% Reduced -76.4k -76,447
17 MacKay Shields LLC 1.46% of their portfolio New York, NY 713,153713.2k $43.5m $43.5m 1.46% Reduced -656 -656
18 FMR LLC 0.00% of their portfolio BOSTON, MA 641,546641.5k $39.0m $39.0m 0.00% Added +134.0k +133,992
19 NORGES BANK 0.00% of their portfolio OSLO, Q8 600,000600.0k $36.6m $36.6m 0.00% Not comparable
20 INFRASTRUCTURE CAPITAL ADVISORS, LLC 1.77% of their portfolio New York, NY 372,392372.4k $22.7m $22.7m 1.77% Reduced -303.9k -303,907
21 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 372,283372.3k $22.7m $22.7m 0.00% Added +242.6k +242,573
22 Clearbridge Investments, LLC 0.01% of their portfolio NEW YORK, NY 250,110250.1k $15.2m $15.2m 0.01% Added +47.9k +47,886
23 TPG GP A, LLC 0.30% of their portfolio FORT WORTH, TX 250,000250.0k $15.2m $15.2m 0.30% Reduced -75.0k -75,000
24 BARCLAYS PLC 0.00% of their portfolio LONDON, X0 232,369232.4k $14.2m $14.2m 0.00% Added +123.3k +123,261
25 Walleye Capital LLC 0.07% of their portfolio NEW YORK, NY 225,000225.0k $13.7m $13.7m 0.07% New
26 AMERIPRISE FINANCIAL INC 0.00% of their portfolio MINNEAPOLIS, MN 217,870217.9k $13.2m $13.2m 0.00% Unchanged
27 WOLVERINE ASSET MANAGEMENT LLC 0.15% of their portfolio CHICAGO, IL 191,532191.5k $11.7m $11.7m 0.15% Added +67.2k +67,245
28 Alberta Investment Management Corp 0.06% of their portfolio EDMONTON, A0 175,000175.0k $10.7m $10.7m 0.06% Unchanged
29 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 163,640163.6k $10.0m $10.0m 0.00% Reduced -446.8k -446,844
30 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 145,197145.2k $8.8m $8.8m 0.00% Reduced -190.4k -190,431
31 Warberg Asset Management LLC 2.00% of their portfolio WINNETKA, IL 110,589110.6k $6.7m $6.7m 2.00% New
32 PIER 88 INVESTMENT PARTNERS LLC 1.52% of their portfolio SAN FRANCISCO, CA 104,700104.7k $6.4m $6.4m 1.52% Unchanged
33 SSI INVESTMENT MANAGEMENT LLC 0.31% of their portfolio Los Angeles, CA 87,85087.8k $5.3m $5.3m 0.31% Reduced -28.4k -28,445
34 NEUBERGER BERMAN GROUP LLC 0.00% of their portfolio NEW YORK, NY 85,82985.8k $5.2m $5.2m 0.00% Reduced -737 -737
35 Invesco Ltd. 0.00% of their portfolio ATLANTA, GA 60,80060.8k $3.7m $3.7m 0.00% Unchanged
36 LORD, ABBETT & CO. LLC 0.01% of their portfolio JERSEY CITY, NJ 57,08657.1k $3.5m $3.5m 0.01% Reduced -942 -942
37 MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. 0.00% of their portfolio CAUSEWAY BAY, K3 52,46452.5k $3.2m $3.2m 0.00% Added +1.5k +1,497
38 LAFFER TENGLER INVESTMENTS, INC. 0.40% of their portfolio Scottsdale, AZ 51,48051.5k $3.1m $3.1m 0.40% Reduced -970 -970
39 TWO SIGMA INVESTMENTS, LP 0.00% of their portfolio NEW YORK, NY 51,15451.2k $3.1m $3.1m 0.00% Reduced -1.5m -1,519,254
40 Capital International, Inc./CA/ 0.02% of their portfolio Los Angeles, CA 51,12051.1k $3.1m $3.1m 0.02% Unchanged
41 CITIGROUP INC 0.00% of their portfolio NEW YORK, NY 49,39349.4k $3.0m $3.0m 0.00% Reduced -32.0k -32,000
42 Morse Asset Management, Inc 0.49% of their portfolio DARIEN, CT 48,72548.7k $3.0m $3.0m 0.49% Unchanged
43 Penserra Capital Management LLC 0.02% of their portfolio ORINDA, CA 45,17245.2k $2.8m $2.8m 0.02% Added +5.7k +5,727
44 NOMURA ASSET MANAGEMENT INTERNATIONAL INC. 0.00% of their portfolio PHILADELPHIA, PA 42,73542.7k $2.6m $2.6m 0.00% Reduced -5.0k -5,029
45 FEDERATED HERMES, INC. 0.00% of their portfolio PITTSBURGH, PA 38,65838.7k $2.4m $2.4m 0.00% Unchanged
46 Alken Asset Management Ltd 1.81% of their portfolio LONDON, X0 26,60026.6k $1.6m $1.6m 1.81% Unchanged
47 AEGON USA Investment Management, LLC 0.98% of their portfolio CEDAR RAPIDS, IA 22,71322.7k $1.4m $1.4m 0.98% Unchanged
48 AGF MANAGEMENT LTD 0.00% of their portfolio TORONTO, A6 20,00020.0k $1.2m $1.2m 0.00% Added +5.0k +5,000
49 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 17,62817.6k $1.0m $1.0m 0.00% Reduced -68.1k -68,089
50 HRT FINANCIAL LP 0.00% of their portfolio NEW YORK, NY 16,89816.9k $1.0m $1.0m 0.00% New
51 GOLDMAN SACHS GROUP INC 0.00% of their portfolio NEW YORK, NY 12,82612.8k $781.4k $781.4k 0.00% Reduced -6.3k -6,255
52 BlueCrest Capital Management Ltd 0.03% of their portfolio ST HELIER, Y9 10,97311.0k $668.5k $668.5k 0.03% Reduced -41.8k -41,766
53 Steward Partners Investment Advisory, LLC 0.00% of their portfolio STAMFORD, CT 8,9008.9k $542.2k $542.2k 0.00% Reduced -21 -21
54 PIPER SANDLER & CO. 0.33% of their portfolio MINNEAPOLIS, MN 7,2607.3k $442.3k $442.3k 0.33% New
55 SEI INVESTMENTS CO 0.00% of their portfolio OAKS, PA 5,1505.2k $313.7k $313.7k 0.00% Unchanged
56 UBS Group AG 0.00% of their portfolio ZURICH, V8 4,6644.7k $284.1k $284.1k 0.00% Reduced -10 -10
57 OPPENHEIMER & CO INC 0.00% of their portfolio NEW YORK, NY 4,1204.1k $251.0k $251.0k 0.00% Reduced -207 -207
58 &PARTNERS 0.00% of their portfolio NASHVILLE, TN 3,7473.7k $228.3k $228.3k 0.00% Reduced -68 -68
59 WEALTH ENHANCEMENT ADVISORY SERVICES, LLC 0.00% of their portfolio PLYMOUTH, MN 3,4633.5k $214.3k $214.3k 0.00% New
60 ANGELES WEALTH MANAGEMENT, LLC 0.01% of their portfolio SANTA MONICA, CA 3,0003.0k $182.4k $182.4k 0.01% Unchanged
61 Central Pacific Bank - Trust Division 0.02% of their portfolio HONOLULU, HI 2,8752.9k $175.1k $175.1k 0.02% Unchanged
62 Virtus Fixed Income Advisers, LLC 0.09% of their portfolio HARTFORD, CT 2,4502.5k $148.9k $148.9k 0.09% New
63 LANARK FINANCIAL, INC. 0.01% of their portfolio BIRMINGHAM, AL 1,9832.0k $120.9k $120.9k 0.01% New
64 WHITTIER TRUST CO 0.00% of their portfolio SOUTH PASADENA, CA 1,7751.8k $111.3k $111.3k 0.00% Unchanged
65 LAZARD ASSET MANAGEMENT LLC 0.00% of their portfolio NEW YORK, NY 1,6521.7k $20 $20 0.00% Unchanged
66 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 1,3291.3k $81.0k $81.0k 0.00% New
67 Colonial Trust Advisors 0.00% of their portfolio SPARTANBURG, SC 696696 $42.4k $42.4k 0.00% Unchanged
68 VIRTUS ADVISERS, LLC 0.01% of their portfolio HARTFORD, CT 600600 $36.5k $36.5k 0.01% Unchanged
69 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.00% of their portfolio MILWAUKEE, WI 274274 $16.7k $16.7k 0.00% Unchanged
70 BLAIR WILLIAM & CO/IL 0.00% of their portfolio CHICAGO, IL 6060 $3.7k $3.7k 0.00% Reduced -313 -313
71 ROTHSCHILD INVESTMENT LLC 0.00% of their portfolio CHICAGO, IL 5959 $3.6k $3.6k 0.00% Unchanged