Q4 2025 · 13F-HR
Apollo Management Holdings, L.P.holdings as filed
Filed 2026-02-17 · accession 0001449434-26-000002
$12.22B
Reported value
108
Positions
2025-12-31
Period end
The Brief · Apollo Management Holdings, L.P. · Q4 2025
AI · grounded in 13F
Apollo Management Holdings, L.P. established a new position in SMH valued at $792.3M. The fund also opened new stakes in PXED for $754.5M and AERO for $604M. On the sell side, the fund closed its position in JPM, reducing exposure by $473.1M.
Holdings as filed
| CUSIP | Ticker | Issuer | Value | % port. | Shares | Class | Voting |
|---|---|---|---|---|---|---|---|
| G05384501 | 8ZV | ASPEN INSURANCE HOLDINGS LTD | $2.80B | 22.9% | 75,418,220 | Common | SHARED |
| 278768AB2 | SATS 3.875 11/30/30 | ECHOSTAR CORP | $1.58B | 13.0% | 473,175,801 | Common | SHARED |
| 00090Q103 | ADT | ADT INC DEL | $823.1M | 6.74% | 102,000,366 | Common | SHARED |
| 43283X105 | HGV | HILTON GRAND VACATIONS INC | $816.5M | 6.68% | 18,245,825 | Common | SHARED |
| 92189F676 | SMH | VANECK ETF TRUST | $792.3M | 6.48% | 2,200,000 | PUT | SHARED |
| 718968100 | PXED | PHOENIX ED PARTNERS INC | $754.5M | 6.17% | 24,901,319 | Common | SHARED |
| 40054J109 | AERO | GRUPO AEROMEXICO SAB DE CV | $604.0M | 4.94% | 27,505,017 | Common | SHARED |
| 78462F103 | SPY | SPDR S&P 500 ETF TR | $413.2M | 3.38% | 606,000 | PUT | SHARED |
| 464287200 | IVV | ISHARES TR | $377.9M | 3.09% | 551,725 | Common | SHARED |
| 67066G104 | NVDA | NVIDIA CORPORATION | $376.7M | 3.08% | 2,020,000 | PUT | SHARED |
| 68389X105 | ORCL | ORACLE CORP | $292.4M | 2.39% | 1,500,000 | PUT | SHARED |
| 278768106 | SATS | ECHOSTAR CORP | $267.8M | 2.19% | 2,463,991 | Common | SHARED |
| 464287655 | IWM | ISHARES TR | $205.2M | 1.68% | 833,500 | PUT | SHARED |
| 143130102 | KMX | CARMAX INC | $195.0M | 1.60% | 5,046,474 | Common | SHARED |
| 37890B100 | GBTG | GLOBAL BUSINESS TRAVEL GROUP | $175.1M | 1.43% | 22,884,991 | Common | SHARED |
| 750102105 | RXT | RACKSPACE TECHNOLOGY INC | $125.8M | 1.03% | 129,609,000 | Common | SHARED |
| 95040Q104 | WELL | WELLTOWER INC | $95.5M | 0.78% | 514,660 | Common | SHARED |
| 67066G104 | NVDA | NVIDIA CORPORATION | $93.3M | 0.76% | 500,000 | Common | SHARED |
| 74340W103 | PLD | PROLOGIS INC. | $77.6M | 0.63% | 607,590 | Common | SHARED |
| 29444U700 | EQIX | EQUINIX INC | $67.5M | 0.55% | 88,070 | Common | SHARED |
| 912932100 | UNIT | UNITI GROUP LLC | $67.3M | 0.55% | 9,596,073 | Common | SHARED |
| 20030N101 | CMCSA | COMCAST CORP NEW | $66.8M | 0.55% | 2,234,600 | Common | SHARED |
| 36472T109 | TDAY | USA TODAY CO INC | $62.5M | 0.51% | 12,128,756 | Common | SHARED |
| 349381103 | FIGR | FIGURE TECHNOLOGY SOLUTIO | $49.8M | 0.41% | 1,548,527 | Common | SHARED |
| 253868103 | DLR | DIGITAL RLTY TR INC | $48.0M | 0.39% | 310,500 | Common | SHARED |
| 92276F100 | VTR | VENTAS INC | $44.4M | 0.36% | 573,400 | Common | SHARED |
| 30225T102 | EXR | EXTRA SPACE STORAGE INC | $38.2M | 0.31% | 293,720 | Common | SHARED |
| 489170100 | KMT | KENNAMETAL INC | $38.1M | 0.31% | 1,340,673 | Common | SHARED |
| 203668108 | CYH | COMMUNITY HEALTH SYS INC NEW | $36.9M | 0.30% | 11,838,609 | Common | SHARED |
| 74460D109 | PSA | PUBLIC STORAGE OPER CO | $36.4M | 0.30% | 140,290 | Common | SHARED |
| 20602D101 | CNXC | CONCENTRIX CORP | $34.5M | 0.28% | 829,700 | PUT | SHARED |
| 902653104 | UDR | UDR INC | $32.5M | 0.27% | 885,490 | Common | SHARED |
| 828806109 | SPG | SIMON PPTY GROUP INC NEW | $31.3M | 0.26% | 169,000 | Common | SHARED |
| 756109104 | O | REALTY INCOME CORP | $28.7M | 0.23% | 508,760 | Common | SHARED |
| 133131102 | CPT | CAMDEN PPTY TR | $27.9M | 0.23% | 253,690 | Common | SHARED |
| 44891N208 | IAC | IAC INC | $27.4M | 0.22% | 700,000 | Common | SHARED |
| 03761U502 | MFIC | MIDCAP FINANCIAL INVSTMNT CO | $27.3M | 0.22% | 2,388,870 | Common | SHARED |
| 11120U105 | BRX | BRIXMOR PPTY GROUP INC | $26.9M | 0.22% | 1,024,300 | Common | SHARED |
| 47103U845 | JAAA | JANUS DETROIT STR TR | $25.3M | 0.21% | 500,000 | Common | SHARED |
| 49446R109 | KIM | KIMCO RLTY CORP | $25.1M | 0.21% | 1,239,460 | Common | SHARED |
| 46284V101 | IRM | IRON MTN INC DEL | $22.0M | 0.18% | 265,539 | Common | SHARED |
| 008492100 | ADC | AGREE RLTY CORP | $21.5M | 0.18% | 298,880 | Common | SHARED |
| 78573M104 | SABR | SABRE CORP | $19.6M | 0.16% | 14,400,819 | Common | SHARED |
| 78470P622 | PRIV | SSGA ACTIVE TR | $19.3M | 0.16% | 760,000 | Common | SHARED |
| 00835Q202 | AEVA | AEVA TECHNOLOGIES INC | $18.5M | 0.15% | 1,390,725 | Common | SHARED |
| 49803T300 | KRG | KITE RLTY GROUP TR | $18.4M | 0.15% | 768,330 | Common | SHARED |
| 02665T306 | AMH | AMERICAN HOMES 4 RENT | $17.6M | 0.14% | 546,880 | Common | SHARED |
| 46187W107 | INVH | INVITATION HOMES INC | $16.4M | 0.13% | 589,860 | Common | SHARED |
| 681936100 | OHI | OMEGA HEALTHCARE INVS INC | $16.0M | 0.13% | 361,110 | Common | SHARED |
| 925652109 | VICI | VICI PPTYS INC | $16.0M | 0.13% | 568,370 | Common | SHARED |
| 29476L107 | EQR | EQUITY RESIDENTIAL | $15.2M | 0.12% | 241,390 | Common | SHARED |
| 97785W106 | WOLF | WOLFSPEED INC | $15.0M | 0.12% | 863,333 | Common | SHARED |
| 92333F101 | VG | VENTURE GLOBAL INC | $14.7M | 0.12% | 2,162,131 | Common | SHARED |
| 222795502 | CUZ | COUSINS PPTYS INC | $14.3M | 0.12% | 553,678 | Common | SHARED |
| 44107P104 | HST | HOST HOTELS & RESORTS INC | $14.2M | 0.12% | 802,070 | Common | SHARED |
| 29472R108 | ELS | EQUITY LIFESTYLE PPTYS INC | $14.1M | 0.12% | 233,350 | Common | SHARED |
| 297178105 | ESS | ESSEX PPTY TR INC | $13.8M | 0.11% | 52,580 | Common | SHARED |
| 86384P109 | STUB | STUBHUB HLDGS INC | $13.6M | 0.11% | 1,006,600 | PUT | SHARED |
| 398182303 | AHR | AMERICAN HEALTHCARE REIT INC | $13.2M | 0.11% | 281,320 | Common | SHARED |
| 32054K103 | FR | FIRST INDL RLTY TR INC | $11.6M | 0.09% | 202,240 | Common | SHARED |
| 42226K105 | HR | HEALTHCARE RLTY TR | $10.5M | 0.09% | 621,870 | Common | SHARED |
| 101121101 | BXP | BXP INC | $10.3M | 0.08% | 152,610 | Common | SHARED |
| 554382101 | MAC | MACERICH CO | $10.3M | 0.08% | 556,730 | Common | SHARED |
| 02156K103 | OPTU | OPTIMUM COMMUNICATIONS INC | $10.1M | 0.08% | 6,104,649 | Common | SHARED |
| 76169C100 | REXR | REXFORD INDL RLTY INC | $9.0M | 0.07% | 233,090 | Common | SHARED |
| 929042109 | VNO | VORNADO RLTY TR | $8.9M | 0.07% | 266,950 | Common | SHARED |
| 42250P103 | DOC | HEALTHPEAK PROPERTIES INC | $8.7M | 0.07% | 538,110 | Common | SHARED |
| 35953DAB0 | FUBO 3.25 02/15/26 | FUBOTV INC | $8.3M | 0.07% | 8,300,000 | Common | SHARED |
| 64119V303 | NTST | NETSTREIT CORP | $7.9M | 0.06% | 448,720 | Common | SHARED |
| 313745101 | FRT | FEDERAL RLTY INVT TR NEW | $7.5M | 0.06% | 73,940 | Common | SHARED |
| 015271109 | ARE | ALEXANDRIA REAL ESTATE EQ IN | $7.1M | 0.06% | 144,700 | Common | SHARED |
| 11135E203 | BNL | BROADSTONE NET LEASE INC | $6.8M | 0.06% | 389,420 | Common | SHARED |
| 03762U105 | ARI | APOLLO COML REAL EST FIN INC | $6.4M | 0.05% | 665,573 | Common | SHARED |
| 252784301 | DRH | DIAMONDROCK HOSPITALITY CO | $6.0M | 0.05% | 674,720 | Common | SHARED |
| 277276101 | EGP | EASTGROUP PPTYS INC | $5.9M | 0.05% | 32,890 | Common | SHARED |
| 78573L106 | SBRA | SABRA HEALTH CARE REIT INC | $5.5M | 0.05% | 291,870 | Common | SHARED |
| 46124J201 | IVT | INVENTRUST PPTYS CORP | $4.5M | 0.04% | 160,580 | Common | SHARED |
| 82657M105 | SGHT | SIGHT SCIENCES INC | $4.1M | 0.03% | 511,054 | Common | SHARED |
| 720190206 | PDM | PIEDMONT REALTY TRUST INC | $4.0M | 0.03% | 483,520 | Common | SHARED |
| 512816109 | LAMR | LAMAR ADVERTISING CO NEW | $3.9M | 0.03% | 31,050 | Common | SHARED |
| 56400P706 | MNKD | MANNKIND CORP | $3.8M | 0.03% | 664,113 | Common | SHARED |
| 09631P102 | BPRE | BLUEROCK PVT REAL ESTATE FD | $3.7M | 0.03% | 249,192 | Common | SHARED |
| 292104106 | ESRT | EMPIRE ST RLTY TR INC | $3.4M | 0.03% | 523,960 | Common | SHARED |
| 78377T107 | RHP | RYMAN HOSPITALITY PPTYS INC | $3.2M | 0.03% | 33,680 | Common | SHARED |
| 78440X887 | SLG | SL GREEN RLTY CORP | $3.0M | 0.02% | 66,050 | Common | SHARED |
| 03064D108 | COLD | AMERICOLD REALTY TRUST INC | $2.9M | 0.02% | 227,720 | Common | SHARED |
| 25960P109 | DEI | DOUGLAS EMMETT INC | $2.6M | 0.02% | 236,240 | Common | SHARED |
| 70509V605 | PEB 6.375 PERP E | PEBBLEBROOK HOTEL TR | $2.4M | 0.02% | 127,246 | Common | SHARED |
| 25525P107 | DHC | DIVERSIFIED HEALTHCARE TR | $2.2M | 0.02% | 452,466 | Common | SHARED |
| 53566V106 | LINE | LINEAGE INC | $2.0M | 0.02% | 56,320 | Common | SHARED |
| 867892101 | SHO | SUNSTONE HOTEL INVS INC NEW | $2.0M | 0.02% | 220,020 | Common | SHARED |
| 74965L101 | RLJ | RLJ LODGING TR | $1.9M | 0.02% | 257,350 | Common | SHARED |
| 70509V704 | PEB 6.3 PERP F | PEBBLEBROOK HOTEL TR | $773,316 | 0.01% | 40,594 | Common | SHARED |
| 14167R100 | CCLD | CARECLOUD INC | $612,744 | 0.01% | 209,844 | Common | SHARED |
| 17259U204 | CION | CION INVT CORP | $611,748 | 0.01% | 63,262 | Common | SHARED |
| 984017103 | XHR | XENIA HOTELS & RESORTS INC | $605,220 | 0.00% | 47,915 | Common | SHARED |
| 57777K106 | MXCT | MAXCYTE INC | $477,380 | 0.00% | 307,987 | Common | SHARED |
| 78463M107 | SPSC | SPS COMM INC | $298,496 | 0.00% | 3,349 | Common | SHARED |
| 02080L102 | TKNO | ALPHA TEKNOVA INC | $247,137 | 0.00% | 65,036 | Common | SHARED |
| 68622D106 | AACQGBP | ORIGIN MATERIALS INC | $227,859 | 0.00% | 1,076,332 | Common | SHARED |
| 75080J103 | RAIN | RAIN ENHANCEMENT TECHNOLOGIE | $139,985 | 0.00% | 23,970 | Common | SHARED |
| G63638111 | NAMMW | NAMIB MINERALS | $97,954 | 0.00% | 1,364,262 | Common | SHARED |
| 75080J111 | RAINW | RAIN ENHANCEMENT TECHNOLOGIE | $54,364 | 0.00% | 217,457 | Common | SHARED |
| 80401C118 | SATLW | SATELLOGIC INC | $37,685 | 0.00% | 147,784 | Common | SHARED |
| 306121112 | FBYDW | FALCONS BEYOND GLOBAL INC | $25,115 | 0.00% | 12,433 | Common | SHARED |
| 02156U200 | ATER | ATERIAN INC | $1,583 | 0.00% | 2,276 | Common | SHARED |
| 320703408 | CLDI | CALIDI BIOTHERAPEUTICS INC | $1,219 | 0.00% | 1,042 | Common | SHARED |
| 104932116 | BNAIW | BRAND ENGAGEMENT NETWORK INC | $796 | 0.00% | 18,143 | Common | SHARED |
Source: SEC EDGAR · raw 13F holdings as filed. The Class column shows the option type when reported (Put/Call) or Common when the issuer's equity is held directly. 13F discloses long positions only.