SCHEDULE 13G/A: BlackRock Amends Stake in Apollo Commercial Real Estate Finance to 15%
Beneficial Ownership Report
BlackRock, Inc. has filed an amendment to its Schedule 13G, reporting a beneficial ownership of 15.0% of Apollo Commercial Real Estate Finance, Inc.'s common stock as of June 30, 2025.
Summary
- BlackRock, Inc. reported beneficial ownership of 20,790,277 shares of Apollo Commercial Real Estate Finance, Inc. common stock.
- This represents 15.0% of the total outstanding common stock of Apollo Commercial Real Estate Finance, Inc.
- BlackRock holds sole voting power over 20,478,306 shares and sole dispositive power over 20,790,277 shares.
- The filing is an Amendment No. 3 to a Schedule 13G, with the event date requiring the filing stated as June 30, 2025.
- The principal executive offices of Apollo Commercial Real Estate Finance, Inc. are located at C/O APOLLO GLOBAL MANAGEMENT, LLC, 9 WEST 57TH STREET, 43RD FLOOR, NEW YORK NY 10019.
- BlackRock, Inc.'s principal business office is at 50 Hudson Yards, New York, NY 10001.
- iShares Core S&P Small-Cap ETF and BlackRock Fund Advisors are identified as entities within BlackRock's structure that beneficially own 5% or greater of the outstanding common stock of Apollo Commercial Real Estate Finance, Inc.
Sentiment
Score: 5
Explanation: Neutral, as this is a factual disclosure of ownership and does not contain performance or strategic updates.
Future Outlook
NA
Industry Context
This filing reflects a significant passive investment by a major institutional asset manager, BlackRock, in a real estate finance company. Such large holdings by institutional investors are common and indicate a long-term investment strategy rather than an active attempt to influence company operations, consistent with the nature of a Schedule 13G filing.
Stakeholder Impact
- This filing primarily impacts shareholders by disclosing a major holder, providing transparency regarding the ownership structure of Apollo Commercial Real Estate Finance, Inc.
Key Dates
| Date | Description |
|---|---|
| 2025-01-21 | Date of execution for the Power of Attorney by BlackRock, Inc. |
| 2025-06-30 | Date of event which requires filing of this statement for beneficial ownership. |
| 2025-07-17 | Date of filing signature by Spencer Fleming, Managing Director of BlackRock, Inc. |
Keywords
BlackRock, Apollo Commercial Real Estate Finance, Schedule 13G, Beneficial Ownership, Institutional Investor, Common Stock, SEC Filing, Investment
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