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Apollo Management Holdings, L.P.

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13F filer, CIK 1449434, New York, NY

Apollo Management Holdings, L.P. reported $7,549,199,483 across 53 holdings for the quarter ended 2025-06-30, in a 13F-HR/A filed 2025-08-18. Its ten largest share positions make up 93.44% of the portfolio.

Filed (acceptance time not in the bulk data set), ingested 13F-HR/A 0001449434-25-000008

Period
2025-06-30
Reported value
$7.55B
Holdings
53
Top 10 weight
93.44%
New
17
Sold out
14

Part of the filer group Apollo Management Holdings, L.P.

How groups are built

Largest buys vs the previous quarter

SecurityShares changeApprox. value
ASPEN INSURANCE HOLDINGS-Anew+75,418,220$2.37B
JAAAnew+1,432,523$72.7M
VISNadded+4,299,593$35.6M
FANGnew+232,438$31.9M
WBDadded+2,100,000$24.1M

Ranked by the share change valued at this quarter's implied price (value over shares in the 13F). A position sold out is valued at the previous quarter's price, its last report.

Largest sells vs the previous quarter

SecurityShares changeApprox. value
ADTreduced-95,000,000-$805M
UNITI GROUP INCexited-4,940,428-$24.9M
NVDAexited-200,000-$21.7M
GOOGLexited-100,000-$15.5M
ETHAexited-665,000-$9.19M

Ranked by the share change valued at this quarter's implied price (value over shares in the 13F). A position sold out is valued at the previous quarter's price, its last report.

Holdings, Q2 2025

Share positions as resolved from 13F-HR/A 0001449434-25-000008, largest first. % of portfolio is the value over $6,376,912,927, the sum of the share positions whose value is usable for ratios (method).

SecurityHistorySharesValue% of portfolioChangeLatest eventTimeline
ASPEN INSURANCE HOLDINGS-AASPEN INSURANCE HOLDINGS-AQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: 75,418,220 shares 75,418,220$2.37B37.22%new
ADTADT INC DELQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 423,550,367 shares; 2024Q4: 359,150,366 shares; 2025Q1: 278,650,366 shares; 2025Q2: 183,650,366 shares 183,650,366$1.56B24.39%-95,000,000Timeline
HGVHILTON GRAND VACATIONS INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 30,295,825 shares; 2024Q4: 26,295,825 shares; 2025Q1: 26,295,825 shares; 2025Q2: 26,295,825 shares 26,295,825$1.09B17.13%0Timeline
RXTRACKSPACE TECHNOLOGY INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 129,609,000 shares; 2024Q4: 129,609,000 shares; 2025Q1: 129,609,000 shares; 2025Q2: 129,609,000 shares 129,609,000$166M2.6%0Timeline
GBTGGLOBAL BUSINESS TRAVEL GROUPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 25,706,886 shares; 2024Q4: 25,706,886 shares; 2025Q1: 25,706,886 shares; 2025Q2: 25,706,886 shares 25,706,886$162M2.54%0Timeline
WBDWARNER BROS DISCOVERY INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: 6,060,627 shares; 2025Q2: 8,160,627 shares 8,160,627$93.5M1.47%+2,100,000Timeline
VISNVISTANCE NETWORKS INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: 6,178,079 shares; 2025Q2: 10,477,672 shares 10,477,672$86.8M1.36%+4,299,593Timeline
JAAAJANUS DETROIT STR TRQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: 1,432,523 shares 1,432,523$72.7M1.14%newTimeline
ACIALBERTSONS COMPANIES INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: 569,000 shares; 2025Q1: 2,930,000 shares; 2025Q2: 2,930,000 shares 2,930,000$63M0.99%0Timeline
ARKBARK 21SHARES BITCOIN ETFQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 1,120,000 shares; 2024Q4: 1,120,000 shares; 2025Q1: 1,120,000 shares; 2025Q2: 1,275,000 shares 1,275,000$45.6M0.72%+155,000Timeline
SABRSABRE CORPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 14,400,819 shares; 2024Q4: 14,400,819 shares; 2025Q1: 14,400,819 shares; 2025Q2: 14,400,819 shares 14,400,819$45.5M0.71%0Timeline
TDAYUSA TODAY CO INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 12,202,459 shares; 2024Q4: 11,925,911 shares; 2025Q1: 11,653,303 shares; 2025Q2: 11,653,303 shares 11,653,303$41.7M0.65%0Timeline
XIFRXPLR INFRASTRUCTURE LPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: 4,612,586 shares; 2025Q2: 4,982,072 shares 4,982,072$40.9M0.64%+369,486Timeline
TKOTKO GROUP HOLDINGS INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: 167,397 shares; 2025Q2: 189,397 shares 189,397$34.5M0.54%+22,000Timeline
FANGDIAMONDBACK ENERGY INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: 232,438 shares 232,438$31.9M0.5%newTimeline
MFICMIDCAP FINANCIAL INVSTMNT COQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 2,467,696 shares; 2024Q4: 2,467,701 shares; 2025Q1: 2,388,852 shares; 2025Q2: 2,388,857 shares 2,388,857$30.1M0.47%+5Timeline
OPTUOPTIMUM COMMUNICATIONS INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 10,000,000 shares; 2024Q4: 12,192,050 shares; 2025Q1: 12,192,050 shares; 2025Q2: 12,192,050 shares 12,192,050$26.1M0.41%0Timeline
CYHCOMMUNITY HEALTH SYS INC NEWQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 5,551,145 shares; 2024Q4: 6,689,741 shares; 2025Q1: 7,628,576 shares; 2025Q2: 7,628,576 shares 7,628,576$25.9M0.41%0Timeline
NBRNABORS INDUSTRIES LTDQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 460,891 shares; 2024Q4: 334,284 shares; 2025Q1: 421,836 shares; 2025Q2: 650,623 shares 650,623$18.2M0.29%+228,787Timeline
PRIVSSGA ACTIVE TRQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: 481,880 shares 481,880$12.1M0.19%newTimeline
KMTKENNAMETAL INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: 383,010 shares 383,010$8.79M0.14%newTimeline
FUBOTV INCFUBOTV INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: 8,300,000 shares; 2025Q2: 8,300,000 shares 8,300,000$8.12M0.13%0
SNCYSUN CTRY AIRLS HLDGS INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 11,161,105 shares; 2024Q4: 6,346,105 shares; 2025Q1: not reported; 2025Q2: 580,537 shares 580,537$6.82M0.11%newTimeline
ARIAPOLLO COML REAL ESTATE FINQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 665,573 shares; 2024Q4: 665,573 shares; 2025Q1: 665,573 shares; 2025Q2: 665,573 shares 665,573$6.44M0.1%0Timeline
ALGTALLEGIANT TRAVEL COQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: 111,444 shares 111,444$6.12M0.1%newTimeline
SGHTSIGHT SCIENCES INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 671,520 shares; 2024Q4: 671,520 shares; 2025Q1: 671,520 shares; 2025Q2: 671,520 shares 671,520$2.77M0.04%0Timeline
MNKDMANNKIND CORPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 964,113 shares; 2024Q4: 664,113 shares; 2025Q1: 664,113 shares; 2025Q2: 664,113 shares 664,113$2.48M0.04%0Timeline
MXCTMAXCYTE INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 307,987 shares; 2024Q4: 307,987 shares; 2025Q1: 307,987 shares; 2025Q2: 307,987 shares 307,987$671K0.01%0Timeline
CIONCION INVT CORPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 63,262 shares; 2024Q4: 63,262 shares; 2025Q1: 63,262 shares; 2025Q2: 63,262 shares 63,262$605K0.01%0Timeline
ORGNORIGIN MATLS INC (DE)Quarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 1,197,474 shares; 2024Q4: 1,076,332 shares; 2025Q1: 1,076,332 shares; 2025Q2: 1,076,332 shares 1,076,332$520K0.01%0Timeline
CCLDCARECLOUD INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 209,844 shares; 2024Q4: 209,844 shares; 2025Q1: 209,844 shares; 2025Q2: 209,844 shares 209,844$495K0.01%0Timeline
TKNOALPHA TEKNOVA INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: 65,036 shares; 2025Q1: 65,036 shares; 2025Q2: 65,036 shares 65,036$319K0.01%0Timeline
NAMMWNAMIB MINERALSQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: 823,332 shares 823,332$161K<0.01%newTimeline
SPSCSPS COMM INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: 837 shares; 2025Q2: 837 shares 837$114K<0.01%0Timeline
NABORS ENERGY TRANSITION CORNABORS ENERGY TRANSITION CORQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 149,999 shares; 2024Q4: 149,999 shares; 2025Q1: 149,999 shares; 2025Q2: 149,999 shares 149,999$72.2K<0.01%0
RAINRAIN ENHANCEMENT TECHNOLOGIEQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: 23,970 shares; 2025Q2: 23,970 shares 23,970$71.9K<0.01%0Timeline
SATLWSATELLOGIC INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: 147,784 shares 147,784$63.5K<0.01%newTimeline
ECHOECHOSTAR CORPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 480,736 shares; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: 1,791 shares 1,791$49.6K<0.01%newTimeline
RAINWRAIN ENHANCEMENT TECHNOLOGIEQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: 217,457 shares; 2025Q2: 217,457 shares 217,457$22.3K<0.01%0Timeline
REALTHE REALREAL INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: 2,894 shares 2,894$13.9K<0.01%newTimeline
FBYDWFALCONS BEYOND GLOBAL INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 12,433 shares; 2024Q4: 12,433 shares; 2025Q1: 12,433 shares; 2025Q2: 12,433 shares 12,433$10.1K<0.01%0Timeline
ATERATERIAN INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 2,276 shares; 2024Q4: 2,276 shares; 2025Q1: 2,276 shares; 2025Q2: 2,276 shares 2,276$3.78K<0.01%0Timeline
BNAIWBRAND ENGAGEMENT NETWORK INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 18,143 shares; 2024Q4: 18,143 shares; 2025Q1: 18,143 shares; 2025Q2: 18,143 shares 18,143$546<0.01%0Timeline

Options

Puts and calls, as filed. The amount and value describe the underlying shares, not the option premium, so they stay out of % of portfolio (H5).

SecurityTypeAmountValueChange
QQQINVESCO QQQ TR COMcall655,000$361Mnew
HCAHCA HEALTHCARE INC COMput738,900$283Mnew
SMHVANECK ETF TRUST COMput1,000,000$279M-1,870,000
BAHBOOZ ALLEN HAMILTON HLDG COR Stockput1,572,200$164Mnew
CRWVCOREWEAVE INC COMput400,000$65.2Mnew
ECHOECHOSTAR CORP CL Acall515,400$14.3Mnew
VISNVISTANCE NETWORKS INC COMcall700,000$5.8Mnew

Principal amounts

Notes and convertibles filed as a face amount (PRN). A face amount is never added to a share count (H6).

SecurityTypeAmountValueChange
ECHOSTAR CORPECHOSTAR CORP NOTE 3.875%11/3principal250,019,711$294M+89,307,329
THE REALREAL INCTHE REALREAL INC DEBT 4.000% 2/1principal22,454,000$17.9M-1,250,000
WOLFSPEED INCWOLFSPEED INC NOTE 1.875%12/0principal12,500,000$3.14M0

Sold out in Q2 2025

Positions in the previous quarter's report that this quarter's report no longer lists.

SecurityShares beforeValue beforeType
FXIISHARES TR3,200,000$115Mcall
TKOTKO GROUP HOLDINGS INC420,000$64.2Mcall
UNITI GROUP INCUNITI GROUP INC4,940,428$24.9Mshares
NVDANVIDIA CORPORATION200,000$21.7Mshares
NVDANVIDIA CORPORATION200,000$21.7Mput
GOOGLALPHABET INC100,000$15.5Mshares
GOOGLALPHABET INC100,000$15.5Mput
ETHAISHARES ETHEREUM TR665,000$9.19Mshares
RACEFERRARI N V18,000$7.7Mput
UHSUNIVERSAL HLTH SVCS INC30,000$5.64Mput
MAC Copper LtdMAC Copper Ltd249,688$2.38Mshares
HENNESSY CAPITAL INVST CORPHENNESSY CAPITAL INVST CORP823,332$124Kshares
HERAMBA ELECTRIC EQHERAMBA ELECTRIC EQ1,237,499$12.5Kshares
CALIDI BIOTHERAPEUTICS INCCALIDI BIOTHERAPEUTICS INC12,500$7.08Kshares

How Q2 2025 was built

Available 13F filings of this filer for the quarter and their roles: the base report is the latest original or restatement, NEW HOLDINGS amendments filed after it are added (method).

FilingRoleAmendmentFiledAcceptedIngested
13F-HR 0001449434-25-000006 superseded2025-08-14acceptance time not in the bulk data set
13F-HR/A 0001449434-25-000008 baserestatement2025-08-18acceptance time not in the bulk data set