Apollo Management Holdings, L.P.
Apollo Management Holdings, L.P., part of Apollo Global Management, is a major American alternative asset management firm headquartered in New York City. Founded in 1990 by Leon Black, Josh Harris, and Marc Rowan, Apollo focuses on alternative investments including credit, private equity, and real assets. The firm is known for its flexible, opportunistic investment approach and combines its asset management with a large retirement services business. With offices across North America, Europe, and Asia, Apollo serves pension funds, sovereign wealth funds, endowments, insurance companies, and individual and institutional investors. As of 2025, Apollo manages over $840 billion in assets and employs over 2,540 people globally.
Investment Strategy
Apollo employs a flexible, opportunistic investment strategy across credit, equity, and real assets. The firm focuses on private investment grade and fixed income strategies, emphasizing risk-adjusted returns through rigorous analysis. Apollo invests across a company's capital structure, leveraging deep origination capabilities to adapt to changing markets. Its platform allows investments through multiple cycles, serving institutional and individual clients by drawing on specialized expertise in asset management, principal investing, and retirement solutions.
Top Holdings
Equity Positions (36)
| Ticker | Security | Weight | Market Value | Shares | Avg Cost | Price | Change (QoQ) |
|---|---|---|---|---|---|---|---|
A AHL | ASPEN INSURANCE HOLDINGS LTD | 31.44% | $2.37B | 75,418,220 | $31.47 | $31.47 | +$2.37B |
A ADT | ADT INC DEL | 20.61% | $1.56B | 183,650,366 | $7.82 | $8.47 | -$712.7M |
H HGV | HILTON GRAND VACATIONS INC | 14.47% | $1.09B | 26,295,825 | $47.57 | $41.53 | +$108.3M |
R RXT | RACKSPACE TECHNOLOGY INC | 2.20% | $165.9M | 129,609,000 | $19.29 | $1.28 | -$53.1M |
G GBTG | GLOBAL BUSINESS TRAVEL GROUP | 2.15% | $162.0M | 25,706,886 | $6.37 | $6.30 | +$24.4M |
Options Positions (7)
| Ticker | Security | Action | Type | Notional Value | Contracts | Underlying Price | Premium Paid | Change (Contracts) | Change (Value) |
|---|---|---|---|---|---|---|---|---|---|
Q QQQ | INVESCO QQQ TR | New | Call | $361.3M | 6,550 | $551.64 | $551.64 | +6,550 | +$361.3M |
H HCA | HCA HEALTHCARE INC | New | Put | $283.1M | 7,389 | $383.10 | $383.10 | +7,389 | +$283.1M |
S SMH | VANECK ETF TRUST | Sold | Put | $278.9M | 10,000 | $278.88 | $218.53 | -18,700 | -$328.0M |
B BAH | BOOZ ALLEN HAMILTON HLDG COR | New | Put | $163.7M | 15,722 | $104.13 | $104.13 | +15,722 | +$163.7M |
C CRWV | COREWEAVE INC | New | Put | $65.2M | 4,000 | $163.06 | $163.06 | +4,000 | +$65.2M |