Apollo Commercial Real Estate Finance, Inc.
US ˙ NYSE ˙ US03762U1051

SecurityARI / Apollo Commercial Real Estate Finance, Inc.
InstitutionCWM Advisors, LLC
Latest Disclosed Ownership0 shares
Latest Disclosed Value $ 0
CWM Advisors, LLC closes position in ARI / Apollo Commercial Real Estate Finance, Inc.

On May 13, 2026 - CWM Advisors, LLC filed a 13F-HR/A form disclosing ownership of 0 shares of Apollo Commercial Real Estate Finance, Inc. (US:ARI) valued at $0 USD as of March 31, 2026. The entity filed a previous 13F-HR on February 17, 2026 disclosing 48,157 shares of Apollo Commercial Real Estate Finance, Inc.. The current value of the position is $0 USD.

Institutional Ownership: 13F and NPORT Filings

The Security and Class in the table below are shown exactly as filed by the investor. We do our best to track continuity of investments through acquisitions, and this will be reflected in the table as changes in names. In addition to descriptive data, performance of the investment is shown over time. To calculate quarterly performance, we first calculate cost basis of the shares purchased during the quarter, then use that to calculate gross profit. Quarterly return is Gross Profit / Starting Portfolio value.

Note that cost basis is calculated and stored in thousands, so small quarterly changes in shares frequently result in a cost basis of zero.

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Disclosed Equity Positions (from 13F/NPORT Filings)
File
Date		 Effective
Date		Form Security Class ID Avg Price
Paid (Est)		 Reported
Shares		 ΔShares ΔShares
(%)		 Reported
Value
(x1000)		 ΔValue
(%)		 Alloc
(%)		 ΔAlloc ΔAlloc (%) Cost Basis
(x1000)		 Unrealized
Gain/Loss
(x1000)
2026-05-13 2026-03-31 13F/A-1 APOLLO COML REAL EST FIN COM 03762U105 0 -100.00 0
2026-04-23 2026-03-31 13F APOLLO COML REAL ESTATE FIN COM 03762U105 48,825 668 1.39 516 10.52 0.0424
2026-02-17 2025-12-31 13F APOLLO COML REAL EST FIN COM 03762U105 48,157 3,236 7.20 466 2.42 0.0419
2025-10-15 2025-09-30 13F APOLLO COML REAL EST FIN COM 03762U105 44,921 4,235 10.41 455 15.78 0.0443
2025-07-24 2025-06-30 13F APOLLO COML REAL EST FIN COM 03762U105 40,686 4,807 13.40 394 14.58 0.0429
2025-06-03 2025-03-31 13F APOLLO COML REAL EST FIN COM 03762U105 35,879 -10,264 -22.24 343 -14.04 0.0408
2025-01-17 2024-12-31 13F APOLLO COML REAL EST FIN COM 03762U105 46,143 1,364 3.05 400 -2.92 0.0447
2024-10-10 2024-09-30 13F APOLLO COML REAL EST FIN COM 03762U105 44,779 8,591 23.74 412 16.10 0.0421
2024-08-12 2024-06-30 13F APOLLO COML REAL EST FIN COM 03762U105 36,188 4,045 12.58 354 -1.12 0.0408
2024-05-07 2024-03-31 13F APOLLO COML REAL EST FIN COM 03762U105 32,143 -416 -1.28 358 -6.28 0.0366
2024-02-12 2023-12-31 13F APOLLO COML REAL EST FIN COM 03762U105 32,559 2,295 7.58 382 24.84 0.0420
2023-10-26 2023-09-30 13F APOLLO COML REAL EST FIN COM 03762U105 30,264 2,434 8.75 307 -2.86 0.0391
2023-07-31 2023-06-30 13F APOLLO COML REAL EST FIN COM 03762U105 27,830 -1,668 -5.65 315 14.96 0.0381
2023-04-24 2023-03-31 13F APOLLO COML REAL EST FIN COM 03762U105 29,498 7,521 34.22 275 16.10 0.0349
2023-01-26 2022-12-31 13F APOLLO COML REAL EST FIN COM 03762U105 21,977 -2,840 -11.44 236 14.56 0.0304
2022-11-07 2022-09-30 13F APOLLO COML REAL EST FIN COM 03762U105 24,817 4,431 21.74 206 -3.29 0.0291
2022-08-10 2022-06-30 13F APOLLO COML REAL EST FIN COM 03762U105 20,386 3,351 19.67 213 -10.13 0.0283
2022-04-21 2022-03-31 13F APOLLO COML REAL EST FIN COM 03762U105 17,035 -1,922 -10.14 237 -4.82 0.0274
2022-02-14 2021-12-31 13F/A-1 APOLLO COML REAL EST FIN COM 03762U105 18,957 3,645 23.80 249 9.69 0.0285
2021-11-09 2021-09-30 13F APOLLO COML REAL EST FIN COM 03762U105 15,312 -5,808 -27.50 227 -32.64 0.0287
2021-08-10 2021-06-30 13F APOLLO COML REAL EST FIN COM 03762U105 21,120 640 3.12 337 17.83 0.0443
2021-04-30 2021-03-31 13F APOLLO COML REAL EST FIN COM 03762U105 20,480 -10,334 -33.54 286 -16.86 0.0439
2021-02-12 2020-12-31 13F APOLLO COML REAL EST FIN COM 03762U105 30,814 12,832 71.36 344 112.35 0.0761
2020-11-16 2020-09-30 13F APOLLO COML REAL EST FIN COM 03762U105 17,982 17,982 162 0.0446
2019-02-22 2018-03-31 13F/A-1 Apollo Coml Real Estate Fin COM 03762U105 0 -3,018 -100.00 0 -100.00
2019-02-21 2017-12-31 13F/A-1 APOLLO COML REAL EST FIN COM 03762U105 3,018 3,018 56 0.0476
2018-02-15 2017-12-31 13F Apollo Coml Real Estate Fin COM 03762U105 3,018 56 0.0446
Legend
Shares
The total number of shares held by the institution at the end of the reporting period (the effective date). This is provided in the filing.
Value
The total value of the shares as of the effective date. This is provided in the filing.
Avg. Share Price
The weighted average share price of the shares held by the institution. We use FIFO accounting to determine this price
Class
This is the security class as indicated by the filer. There are a variety of values for this field. Common values include "EC" = equity common, "EP" - equity preferred
Allocation (%)
The percent of the institution's portfolio that this position represents. This is provided in NPORT filings. For 13F filings, we calculate it.
Change in Allocation
The change in allocation from the prior reporting period. This is calculated as current allocation - prior allocation.
Change in Allocation (%)
The percent change in allocation from the prior reporting period. This is calculated as (current allocation - prior allocation) / prior allocation.
Cost Basis
The total cost of the shares held. This is calculated as reported shares * avg. share price
Unrealized Gain/Loss
This is the market value of the position as of the effective date minus the cost basis.