Cliff Asness's ARI Position Overview
Cliff Asness (via Aqr Capital Management LLC) currently holds 313,475 shares of Apollo Commercial Real Estate Finance, Inc. (ARI) worth $3.03 M, representing 0.00% of the portfolio. First purchased in 2015-Q4, this long-term strategic position has been held for 41 quarters.
Based on 13F filings since 2013, Cliff Asness has maintained a long-term strategic position in ARI, representing a significant commitment to this investment thesis. Largest addition occurred in Q3 2025, adding 165,197 shares. Largest reduction occurred in Q4 2024, reducing 41,383 shares.
Analysis based on 13F filings available since 2013 Q2
Cliff Asness's Apollo Commercial Real Estate Finance (ARI) Holding Value Over Time
Track share changes against reported price movement
Quarterly Apollo Commercial Real Estate Finance (ARI) Trades by Cliff Asness
| Report Date | Bought/Sold (Sh.) | % Change | Qtr. End Shares | Reported Price |
|---|---|---|---|---|
| Q4 2025 | +43,774 | Add 16.23% | 313,475 | $9.68 |
| Q3 2025 | +165,197 | Add 158.08% | 269,701 | $10.13 |
| Q2 2025 | +83,488 | Add 397.26% | 104,504 | $9.68 |
| Q1 2025 | +6,358 | Add 43.38% | 21,016 | $9.57 |
| Q4 2024 | -41,383 | Reduce 73.84% | 14,658 | $8.66 |
| Q3 2024 | -3,580 | Reduce 6.00% | 56,041 | $9.19 |
| Q2 2024 | +1,039 | Add 1.77% | 59,621 | $9.79 |
| Q1 2024 | +6,254 | Add 11.95% | 58,582 | $11.14 |
| Q4 2023 | +2,057 | Add 4.09% | 52,328 | $11.74 |
| Q3 2023 | +307 | Add 0.61% | 50,271 | $10.13 |
| Q2 2023 | +514 | Add 1.04% | 49,964 | $11.32 |
| Q1 2023 | -6,313 | Reduce 11.32% | 49,450 | $9.31 |
| Q4 2022 | +2,858 | Add 5.40% | 55,763 | $10.76 |
| Q3 2022 | +28 | Add 0.05% | 52,905 | $8.30 |
| Q2 2022 | -8,661 | Reduce 14.07% | 52,877 | $10.44 |
| Q1 2022 | -14,241 | Reduce 18.79% | 61,538 | $13.93 |
| Q4 2020 | -28,951 | Reduce 27.64% | 75,779 | $11.16 |
| Q3 2020 | -39,264 | Reduce 27.27% | 104,730 | $9.01 |
| Q2 2020 | -4,179 | Reduce 2.82% | 143,994 | $9.81 |
| Q1 2020 | -38,834 | Reduce 20.77% | 148,173 | $7.42 |
| Q4 2019 | -6,183 | Reduce 3.20% | 187,007 | $18.29 |
| Q3 2019 | -3,525 | Reduce 1.79% | 193,190 | $19.17 |
| Q2 2019 | -13,356 | Reduce 6.36% | 196,715 | $18.39 |
| Q4 2018 | +3,991 | Add 1.94% | 210,071 | $16.66 |
| Q3 2018 | +63,721 | Add 44.76% | 206,080 | $18.87 |
| Q2 2018 | +22,248 | Add 18.52% | 142,359 | $18.28 |
| Q1 2018 | +465 | Add 0.39% | 120,111 | $17.98 |
| Q4 2017 | +37 | Add 0.03% | 119,646 | $18.45 |
| Q3 2017 | +22,356 | Add 22.99% | 119,609 | $18.11 |
| Q4 2016 | +137 | Add 0.14% | 97,253 | $16.62 |
| Q3 2016 | +214 | Add 0.22% | 97,116 | $16.37 |
| Q2 2016 | +22,301 | Add 29.89% | 96,902 | $16.07 |
| Q1 2016 | +44,182 | Add 145.24% | 74,601 | $16.30 |
| Q4 2015 | +30,419 | New Buy | 30,419 | $17.23 |
Cliff Asness's Apollo Commercial Real Estate Finance Investment FAQs
Cliff Asness first purchased Apollo Commercial Real Estate Finance, Inc. (ARI) in Q4 2015, acquiring 30,419 shares, as reported in their 13F filing for that period. Note: Analysis reflects filings available since Q2 2013; earlier records may be incomplete.
Cliff Asness has held Apollo Commercial Real Estate Finance, Inc. (ARI) for 41 quarters since Q4 2015.
Cliff Asness's largest addition to Apollo Commercial Real Estate Finance, Inc. (ARI) was in Q3 2025, adding 269,701 shares worth $2.73 M.
According to the latest 13F filing for Q4 2025, Cliff Asness's firm, Aqr Capital Management LLC, owns 313,475 shares of Apollo Commercial Real Estate Finance, Inc. (ARI), valued at approximately $3.03 M.
As of the Q4 2025 filing, Apollo Commercial Real Estate Finance, Inc. (ARI) represents approximately 0.00% of Cliff Asness's publicly disclosed stock portfolio, making it one of their key holdings.
Cliff Asness's peak holding in Apollo Commercial Real Estate Finance, Inc. (ARI) was 313,475 shares, as reported at the end of Q4 2025.