Apollo Commercial Real Estate Finance Inc. (ARI)

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Institutional Investors' Holdings

Filing Period:

No.	Name	Shares	Value	% Port
1.	Blackrock Inc.	23,109,513	$271,305,683	0%
2.	Vanguard Group Inc	15,506,555	$182,046,955	0%
3.	State Street Corp	5,111,590	$61,787,177	0%
4.	Geode Capital Management, Llc	2,964,439	$34,807,192	0%
5.	Morgan Stanley	2,361,221	$27,720,749	0%