SBI Securities significantly boosts holdings in Apollo Global Management
1 report, 1 independent
Updated Sun 00:00
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What happened
SBI Securities Co. Ltd. increased its investment in Apollo Global Management Inc. by 1,330.8% during the third quarter, according to its Form 13F filing with the Securities & Exchange Commission. The firm acquired an additional 8,610 shares, bringing its total holdings to 9,257 shares. These holdings were valued at $1,074,000 at the end of the quarter.
From themarketsdaily.com
Why it matters
The filing shows that several other funds have recently added to or reduced their stakes in Apollo Global Management. This activity reflects ongoing institutional investment interest in the financial services provider.
From themarketsdaily.com
Who's involved
- Apollo Global ManagementAmerican private equity firm that saw increased institutional investment.
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The entities involved
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Apollo Global Management
American private equity firm