Apollo Global Management, Inc.

The full register, from 13F filings

The Register tab above is hand research: a dozen holders, each traced to the filing it came from. This asks the same question of the whole market for the quarter ended 31-mar-2026, where 1,113 managers reported a position. Broad where the research is deep, and shallow in the ways a 13F always is.

Built from 13F filings, which report US listed, long, US custodied positions only. A register from this source is a floor rather than a level: a holder's true position can be far larger, as BlackRock's ASML stake shows at 1.28m shares in a 13F against 26.3m in its 13G/A. Holdings held through derivatives, outside US custody, or below a manager's reporting obligation do not appear. Where a holder is marked as a family, its total sums several separate filing entities and describes something no single filing describes; the constituent entities and their share counts are listed so the total can be checked. That roll-up can legitimately exceed the family's own Schedule 13G, because a 13G is filed by one legal entity: Vanguard reports Alphabet through ten advisory entities, and The Vanguard Group Inc itself reported zero after its January 2026 disaggregation.

What a reader needs to know to read these numbers

• The 13F exclusion, the Apollo case. Apollo's own registered investment adviser, Apollo Management Holdings, L.P. (CIK 0001449434, headquartered at Apollo's own 9 West 57th Street address), filed Form 13F-HR for the quarter ended 30 Jun 2026 (filed 14 Aug 2026, accession 0001449434-26-000006), reporting 88 positions with a total reported value of $8,939,295,874 (tableEntryTotal and tableValueTotal from the filing's own cover page, primary_doc.xml). This is public securities managed for Apollo's funds and clients, not Apollo Global Management, Inc.'s own strategic balance-sheet stakes. Per the brief's exclusion of client-held positions, no line item from this filing appears in holdings, the same treatment this project's ameriprise.json, pnc.json and kkr.json apply to their own managers' 13F filings. Apollo Global Management, Inc. itself (CIK 0001858681) files no 13F.
• How balance-sheet stakes were separated from fund, client and insurance-portfolio positions. Apollo reports two segments, Asset Management (AAM, the fee and carry business) and Retirement Services (Athene, a wholly owned, fully consolidated insurance subsidiary since the January 2022 AGM/AAM/Athene Mergers; its FY2025 10-K and Q2 2026 10-Q both describe Athene and its investment management arm ISG/ISGI as 'consolidated subsidiar[ies]'). Retirement Services' general account securities portfolio (AFS securities at fair value of $229,841 million at 30 Jun 2026 per the 10-Q's Investments note) backs policyholder liabilities and is excluded here, the same treatment this project applies to MetLife's and Prudential's general accounts; it is not a set of Apollo's own strategic minority stakes. Bridge Investment Group, acquired 2 Sep 2025 in an all-stock deal, 'became a consolidated subsidiary of AAM' per the FY2025 10-K and is likewise excluded as wholly owned, not a minority stake. The one holding that survives this filter is Athora Holding Ltd.: an AAM subsidiary (the asset-management arm, not Athene) directly holds approximately 16% of Athora's total voting power as a named, disclosed minority strategic investment, distinct from Athene's own separate 10% (insurance-portfolio, excluded) and from the roughly 4% held by Apollo-managed client funds and accounts (client assets, excluded).
• Combined balance, not split by investee. The 10-Q's and 10-K's Investments note (note 4) discloses a combined Asset Management segment breakdown of 'Investments, at fair value' ($2,173 million at 30 Jun 2026), 'Equity method investments' ($1,143 million), 'Performance allocations' ($2,997 million) and 'Other investments' ($12 million), none split by individual investee. A separate table (Performance Fees Receivable) lists 'Athora' among many named funds (Fund VI through Fund X, HVF I/II, MidCap FinCo, Redding Ridge Holdings, Bridge Funds, Accord, ANRP, EPF, Freedom Parent Holdings and others) but that table is carried performance-fee receivable by fund, not an equity ownership value, so it was not used to size the Athora holding. Per the rule against assigning a combined balance to one investee, Athora's value_usd is left null and the combined figures are reported here and in unknowns rather than converted into an invented per-company value.
• No AOG-unit overhang, checked the equivalent way KKR Holdings L.P. was checked. Apollo's pre-2022 up-C structure used 'AOG Units' (units of the Apollo Operating Group) held by Former Managing Partners and Contributing Partners, exchangeable into then-existing Class A common stock. Post the January 2022 Mergers (AGM, AAM and Athene combined into a single C-corp), both the 10-Q cover page (single 'Common Stock' class, 590,543,159 shares as of 5 Aug 2026) and the 2026 proxy's beneficial ownership table (denominated entirely in common stock, with founders' rows describing shares held directly or through trusts/vehicles, never units) show no current unit-denominated holdings. The only AOG Unit references remaining in current filings describe tax receivable agreement mechanics tied to exchanges 'that occurred in prior years,' i.e. historical, not a currently outstanding unit balance. No register row here carries shares in a non-common instrument or non-listed class.
• Preferred stock stripped from every 13F row. Apollo has a single class of common stock (CUSIP 03769M106) plus 28,749,227 shares of 6.75% Series A Mandatory Convertible Preferred Stock (CUSIP 03769M304, ticker APO.PRA) outstanding as of 30 Jun 2026, and separately 7.625% Fixed-Rate Resettable Junior Subordinated Notes due 2053 (ticker APOS, debt, not equity, and not part of company.share_classes). Every institutional register row above was checked for CUSIP 03769M304 lines and had them excluded: BlackRock 1,788,148 sh, Capital International Investors 2,191,420 sh, Capital Research Global Investors 1,361,316 sh, FMR 641,546 sh, Morgan Stanley 163,640 sh, Bank of America 372,283 sh, JPMorgan 17,628 sh, Norges Bank 600,000 sh. None of these are counted in any shares or value_usd figure above.
• Vanguard case: parent CIK 0000102909 filed Form 13F-NT (notice, no holdings) for Q2 2026 (filed 13 Aug 2026), so the successor case applies. This file checked all 12 EDGAR-registered 'Vanguard' 13F filers and found 8 successor entities holding APO, more than the 'usual two' or even the 'five' precedent flagged in the chunk prompt; every entity and CIK is named in that row's method_note.
• Capital Group case: all three family entities hold APO (World Investors, International Investors, Research Global Investors), summed to 45,629,415 shares, the second-largest holder in this register after Vanguard. Checking only Capital World Investors, the middle-sized of the three, would have materially understated the family.
• T. Rowe Price case: both CIKs were checked; only Associates (CIK 0000080255) holds APO, reporting its info-table value in thousands of dollars, rescaled here as detailed in that row's method_note and cross-checked against BlackRock's implied per-share price for the same CUSIP and date. T. Rowe Price Investment Management, Inc. (CIK 0001897612) holds none.
• Founder concentration outside the officers group, the Walmart/JWM-style case. Apollo's three co-founders (Marc Rowan, Leon Black, Joshua Harris) collectively hold 106,473,734 shares (18.03%) as of their respective proxy/13D dates. Only Rowan, the sitting Chair and CEO, is inside the 'directors and executive officers' group and rolls up into it; Black and Harris, both departed from the board and management years ago, sit outside the group in the proxy's own '5% stockholders' section and are not rolled up. Socrates Trust (5.02%) shares Leon Black's registered-agent address but is reported under its own separate Schedule 13D/A with no proxy cross-reference to Black's holding, so it was not reduced against his row; see unknowns for this residual uncertainty.
• Self-gate, computed the way the chart computes it, from this final file: 18 register rows (13 institutional 13F rows plus 4 individually named insiders, of which Rowan rolls into the aggregate, plus 1 aggregate officers/directors group). Institutional rows sum to 219,306,495 shares. Named insiders (Rowan, Black, Socrates Trust, Harris) count at full value: 34,198,816 + 37,961,228 + 29,629,251 + 34,313,690 = 136,102,985. The aggregate group counts at its residual of 48,014,293 minus Rowan's 34,198,816 = 13,815,477. Total: 219,306,495 + 136,102,985 + 13,815,477 = 369,224,957 shares, 62.52% of 590,543,159 shares outstanding. This is above the 55% outer bound the chunk prompt flags for a second look. The concentration is named and sourced rather than an artifact: unlike KKR's two living co-founders (18.39% combined), Apollo has three living co-founders plus a fourth apparently-affiliated founder vehicle (Socrates Trust) together at 23.05%, on top of an institutional base where Vanguard (8.02%) and Capital Group (7.73%) alone are unusually large. No double-counted holder or mixed instrument was found on review: every 13F row is common-stock-only with preferred explicitly excluded, and all insider rows are common-stock beneficial ownership on the same post-2022, single-class basis as company.shares_outstanding.
• Market cap ($82.84 billion) and share price ($140.28) are from a Yahoo Finance quote, using the 17 Aug 2026 close (chartPreviousClose in the quote metadata), one day before this research was run. Cross-check: 590,543,159 shares x $140.28 implies approximately $82.84 billion, matching.
• Coordinator note on the Black and Socrates Trust rows, which together are 11.4 per cent of the company and so decide whether the 62.52 per cent register total is real. Both are sourced to the SAME document, the 2026 proxy's 5-per-cent stockholders table, as two separate rows under separate footnotes (8) and (9), each resting on a Schedule 13D/A filed by a different filer. That separation is affirmative evidence, not merely absent evidence: beneficial-ownership reporting requires a reporting person's figure to include every share they beneficially own, so had Mr. Black beneficially owned the Socrates Trust shares the proxy would have been required to report them within his row rather than as a second holder. The shared c/o Elysium Management LLC address indicates a common family office administering both, which is ordinary and does not establish shared beneficial ownership. So the two rows are correctly counted at full value here, and this is NOT the Marriott JWM case, where the proxy itself stated that one vehicle's stake sat inside two containers. The residual uncertainty is recorded in unknowns and was deliberately not resolved by reducing a row without a filing that says so.