# EDGAR Filing Document

**Accession Number:** 0001449434
**File Stem:** 0001449434-26-000004
**Filing Date:** 2026-5
**Character Count:** 12800
**Document Hash:** dcc4a359b8f0e2da15387e56e317d9f6
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001449434-26-000004.hdr.sgml**: 20260515

**ACCESSION NUMBER**: 0001449434-26-000004

**CONFORMED SUBMISSION TYPE**: 13F-HR

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20260331

**FILED AS OF DATE**: 20260515

**DATE AS OF CHANGE**: 20260515

**EFFECTIVENESS DATE**: 20260515

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Apollo Management Holdings, L.P.
- **CENTRAL INDEX KEY:** 0001449434

**ORGANIZATION NAME:**
- **EIN:** 208351069
- **STATE OF INCORPORATION:** DE

**FILING VALUES:**
- **FORM TYPE:** 13F-HR
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 028-13438
- **FILM NUMBER:** 26982984

**BUSINESS ADDRESS:**
- **STREET 1:** 9 W. 57TH STREET
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10019
- **BUSINESS PHONE:** 212-515-3200

**MAIL ADDRESS:**
- **STREET 1:** 9 W. 57TH STREET
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10019

### FORM 13F COVER PAGE

**Report for the Calendar Year or Quarter Ended:** 03-31-2026

**Check here if Amendment** [ ] **Amendment Number:** 

**This Amendment (Check only one.):** [ ] is a restatement.

[ ] adds new holdings entries.

**Institutional Investment Manager Filing this Report:**

**Name:** Apollo Management Holdings L.P.<br>**Address:** 9 W. 57th Street<br>New York, NY 10019

**Form 13F File Number:** 028-13438

The institutional investment manager filing this report and the person by whom it is signed hereby represent that the person signing the report is authorized to submit it, that all information contained herein is true, correct and complete, and that it is understood that all required items, statements, schedules, lists, and tables, are considered integral parts of this form.

**Person Signing this Report on Behalf of Reporting Manager:**

**Name:** Yael Levy<br>**Title:** Vice President of the General Partner<br>**Phone:** 212-822-0537

**Signature, Place, and Date of Signing:**

/s/ Yael K. Levy  New York, NY  05-15-2026<br>[Signature]  [City, State]  [Date]

**Report Type (Check only one.):**

[x] **13F HOLDINGS REPORT.** (Check here if all holdings of this reporting manager are reported in this report.)

[ ] **13F NOTICE.** (Check here if no holdings are reported in this report, and all holdings are reported by other reporting manager(s).)

[ ] **13F COMBINATION REPORT.** (Check here if a portion of the holdings for this reporting manager are reported in this report and a portion are reported by other reporting manager(s).)

### Form 13F Summary Page

**Report Summary:**

**Number of Other Included Managers:** 1

**Form 13F Information Table Entry Total:** 87

**Form 13F Information Table Value Total:** $7602666204

      (round to nearest dollar)

**List of Other Included Managers:**

Provide a numbered list of the name(s) and Form 13F file number(s) of all institutional investment managers with respect to which this report is filed, other than the manager filing this report.

[If there are no entries in this list, state “NONE” and omit the column headings and list entries.]

| No.   | Name                           | Form 13F File Number   |
|:---|:---|:---|
|  | Apollo Capital Management L.P. | 28-13441               |

### FORM 13F INFORMATION TABLE

---

|  |  |  |  |  |  |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| NAME OF ISSUER | TITLE OF CLASS | CUSIP | FIGI | VALUE (x$1000) | SHRS OR PRN AMT | SH/PRN | PUT/CALL | INVESTMENT DISCRETION | OTHER MANAGER | VOTING AUTHORITY | VOTING AUTHORITY | VOTING AUTHORITY |
| NAME OF ISSUER | TITLE OF CLASS | CUSIP | FIGI | VALUE (x$1000) | SHRS OR PRN AMT | SH/PRN | PUT/CALL | INVESTMENT DISCRETION | OTHER MANAGER | SOLE | SHARED | NONE |
| ADT INC DEL | COM | 00090Q103 |  | 670142405 | 102000366 | SH |  | DFND | 1 | 0 | 102000366 | 0 |
| AEVA TECHNOLOGIES INC | COM NEW | 00835Q202 |  | 18301941 | 1390725 | SH |  | DFND | 1 | 0 | 1390725 | 0 |
| AGREE RLTY CORP | COM | 008492100 |  | 23805758 | 315810 | SH |  | DFND | 1 | 0 | 315810 | 0 |
| ALPHA TEKNOVA INC | COM | 02080L102 |  | 187954 | 65036 | SH |  | DFND | 1 | 0 | 65036 | 0 |
| AMERICAN HEALTHCARE REIT INC | COM SHS | 398182303 |  | 13267051 | 281320 | SH |  | DFND | 1 | 0 | 281320 | 0 |
| AMERICAN HOMES 4 RENT | CL A | 02665T306 |  | 25800034 | 924070 | SH |  | DFND | 1 | 0 | 924070 | 0 |
| AMERICOLD REALTY TRUST INC | COM | 03064D108 |  | 2609671 | 227720 | SH |  | DFND | 1 | 0 | 227720 | 0 |
| APOLLO COML REAL ESTATE FIN | COM | 03762U105 |  | 7028451 | 665573 | SH |  | OTR |  | 0 | 665573 | 0 |
| ARES MANAGEMENT CORPORATION | CL A COM STK | 03990B101 |  | 36037803 | 330319 | SH |  | DFND | 1 | 0 | 330319 | 0 |
| ATERIAN INC | COM NEW | 02156U200 |  | 1304 | 2276 | SH |  | DFND | 1 | 0 | 2276 | 0 |
| BLUEROCK PVT REAL ESTATE FD | COM | 09631P102 |  | 2069540 | 124596 | SH |  | DFND | 1 | 0 | 124596 | 0 |
| BRAND ENGAGEMENT NETWORK INC | *W EXP 03/14/202 | 104932116 |  | 4717 | 18143 | SH |  | DFND | 1 | 0 | 18143 | 0 |
| BRIXMOR PPTY GROUP INC | COM | 11120U105 |  | 29499840 | 1024300 | SH |  | DFND | 1 | 0 | 1024300 | 0 |
| BUILDERS FIRSTSOURCE INC | COM | 12008R107 |  | 23678602 | 287606 | SH |  | DFND | 1 | 0 | 287606 | 0 |
| BXP INC | COM | 101121101 |  | 7287279 | 140410 | SH |  | DFND | 1 | 0 | 140410 | 0 |
| CALIDI BIOTHERAPEUTICS INC | COM | 320703408 |  | 249 | 1042 | SH |  | DFND | 1 | 0 | 1040 | 0 |
| CAMDEN PPTY TR | SH BEN INT | 133131102 |  | 23966741 | 245410 | SH |  | DFND | 1 | 0 | 245410 | 0 |
| CARECLOUD INC | COM | 14167R100 |  | 765931 | 209844 | SH |  | DFND | 1 | 0 | 209844 | 0 |
| CARMAX INC | COM | 143130102 |  | 172338331 | 4144741 | SH |  | DFND | 1 | 0 | 4144741 | 0 |
| CHURCHILL DOWNS INC | COM | 171484108 |  | 42847293 | 476982 | SH |  | DFND | 1 | 0 | 476982 | 0 |
| CION INVT CORP | COM | 17259U204 |  | 432715 | 63262 | SH |  | OTR |  | 0 | 63262 | 0 |
| COMCAST CORP NEW | CL A | 20030N101 |  | 124477143 | 4335672 | SH |  | DFND | 1 | 0 | 4335672 | 0 |
| COMMUNITY HEALTH SYS INC NEW | COM | 203668108 |  | 33778589 | 11489316 | SH |  | DFND | 1 | 0 | 11489316 | 0 |
| CONCENTRIX CORP | COM | 20602D101 |  | 22700592 | 829700 | SH | Put | DFND | 1 | 0 | 829700 | 0 |
| COUSINS PPTYS INC | COM NEW | 222795502 |  | 11372188 | 503863 | SH |  | DFND | 1 | 0 | 503863 | 0 |
| ECHOSTAR CORP | CL A | 278768106 |  | 220614318 | 1884465 | SH |  | DFND | 1 | 0 | 1884465 | 0 |
| ECHOSTAR CORP | NOTE  3.875%11/3 | 278768AB2 |  | 827147802 | 230885639 | PRN |  | DFND | 1 | 0 | 230885636 | 0 |
| EPR PPTYS | COM SH BEN INT | 26884U109 |  | 4327036 | 86610 | SH |  | DFND | 1 | 0 | 86610 | 0 |
| EQUITY LIFESTYLE PROPERTIES | COM | 29472R108 |  | 16521326 | 264680 | SH |  | DFND | 1 | 0 | 264680 | 0 |
| EQUITY RESIDENTIAL | SH BEN INT | 29476L107 |  | 13173888 | 222720 | SH |  | DFND | 1 | 0 | 222720 | 0 |
| ESSEX PPTY TR INC | COM | 297178105 |  | 11630520 | 48060 | SH |  | DFND | 1 | 0 | 48060 | 0 |
| EXTRA SPACE STORAGE INC | COM | 30225T102 |  | 37570056 | 286510 | SH |  | DFND | 1 | 0 | 286510 | 0 |
| FALCONS BEYOND GLOBAL INC | *W EXP 10/06/202 | 306121112 |  | 23498 | 12433 | SH |  | DFND | 1 | 0 | 12433 | 0 |
| FIRST INDL RLTY TR INC | COM | 32054K103 |  | 12087758 | 208950 | SH |  | DFND | 1 | 0 | 208950 | 0 |
| GAMING  LEISURE P | COM | 36467J108 |  | 2810840 | 63350 | SH |  | DFND | 1 | 0 | 63350 | 0 |
| GLOBAL BUSINESS TRAVEL GROUP | COM CL A | 37890B100 |  | 127698249 | 22884991 | SH |  | OTR |  | 0 | 22884990 | 0 |
| GRUPO AEROMEXICO SAB DE CV | SPONSORED ADS | 40054J109 |  | 385345288 | 27505017 | SH |  | DFND | 1 | 0 | 27505017 | 0 |
| HEALTHCARE RLTY TR | CL A COM | 42226K105 |  | 11505305 | 677181 | SH |  | DFND | 1 | 0 | 677181 | 0 |
| HILTON GRAND VACATIONS INC | COM | 43283X105 |  | 713776674 | 18245825 | SH |  | DFND | 1 | 0 | 18245825 | 0 |
| HILTON WORLDWIDE HLDGS INC | COM | 43300A203 |  | 4895688 | 16100 | SH |  | DFND | 1 | 0 | 16100 | 0 |
| HOST HOTELS  RESORTS INC | COM | 44107P104 |  | 15367661 | 802070 | SH |  | DFND | 1 | 0 | 802070 | 0 |
| HYATT HOTELS CORP | COM CL A | 448579102 |  | 4313700 | 30000 | SH |  | DFND | 1 | 0 | 30000 | 0 |
| INVITATION HOMES INC | COM | 46187W107 |  | 50164869 | 2018707 | SH |  | DFND | 1 | 0 | 2018707 | 0 |
| IRON MTN INC DEL | COM | 46284V101 |  | 27122153 | 265539 | SH |  | DFND | 1 | 0 | 265539 | 0 |
| ISHARES TR | RUSSELL 2000 ETF | 464287655 |  | 322400000 | 1300000 | SH | Put | DFND | 1 | 0 | 1300000 | 0 |
| JAMES HARDIE INDS PLC | ORD SHS | G4253H101 |  | 22254330 | 1174991 | SH |  | DFND | 1 | 0 | 1174991 | 0 |
| JANUS DETROIT STR TR | HENDRSON AAA CL | 47103U845 |  | 25185000 | 500000 | SH |  | DFND | 1 | 0 | 500000 | 0 |
| JPMORGAN CHASE  CO | COM | 46625H100 |  | 327988400 | 1115000 | SH | Put | DFND | 1 | 0 | 1115000 | 0 |
| KIMCO REALTY CORP | COM | 49446R109 |  | 27913470 | 1242255 | SH |  | DFND | 1 | 0 | 1242255 | 0 |
| KITE REALTY GROUP TRUST | COM NEW | 49803T300 |  | 18862502 | 768330 | SH |  | DFND | 1 | 0 | 768330 | 0 |
| LINEAGE INC | COM | 53566V106 |  | 6790067 | 207267 | SH |  | DFND | 1 | 0 | 207267 | 0 |
| MACERICH CO | COM | 554382101 |  | 11522196 | 609640 | SH |  | DFND | 1 | 0 | 609640 | 0 |
| MANNKIND CORP | COM NEW | 56400P706 |  | 1185839 | 484016 | SH |  | DFND | 1 | 0 | 484016 | 0 |
| MARRIOTT INTL INC NEW | CL A | 571903202 |  | 4677101 | 14300 | SH |  | DFND | 1 | 0 | 14300 | 0 |
| MASTERBRAND INC | COMMON STOCK | 57638P104 |  | 21923600 | 2638219 | SH |  | DFND | 1 | 0 | 2638219 | 0 |
| MAXCYTE INC | COM | 57777K106 |  | 216361 | 307987 | SH |  | DFND | 1 | 0 | 307987 | 0 |
| MIDCAP FINANCIAL INVSTMNT CO | COM NEW | 03761U502 |  | 25326828 | 2253277 | SH |  | DFND | 1 | 0 | 2253277 | 0 |
| MIDCAP FINANCIAL INVSTMNT CO | COM NEW | 03761U502 |  | 1073083 | 95470 | SH |  | OTR |  | 0 | 95470 | 0 |
| MOHAWK INDS INC | COM | 608190104 |  | 23833917 | 242067 | SH |  | DFND | 1 | 0 | 242067 | 0 |
| NAMIB MINERALS | *W EXP 06/05/203 | G63638111 |  | 184175 | 1364262 | SH |  | DFND | 1 | 0 | 1364262 | 0 |
| NVIDIA CORPORATION | COM | 67066G104 |  | 174400000 | 1000000 | SH |  | DFND | 1 | 0 | 1000000 | 0 |
| NVIDIA CORPORATION | COM | 67066G104 |  | 174400000 | 1000000 | SH | Put | DFND | 1 | 0 | 1000000 | 0 |
| OMEGA HEALTHCARE INVS INC | COM | 681936100 |  | 15647158 | 357078 | SH |  | DFND | 1 | 0 | 357078 | 0 |
| OPTIMUM COMMUNICATIONS INC | CL A | 02156K103 |  | 7936044 | 6104649 | SH |  | DFND | 1 | 0 | 6104649 | 0 |
| OWENS CORNING NEW | COM | 690742101 |  | 26037732 | 240600 | SH |  | DFND | 1 | 0 | 240600 | 0 |
| PHOENIX ED PARTNERS INC | COM | 718968100 |  | 783395527 | 24901319 | SH |  | DFND | 1 | 0 | 24901319 | 0 |
| PUBLIC STORAGE OPER CO | COM | 74460D109 |  | 39001302 | 143980 | SH |  | DFND | 1 | 0 | 143980 | 0 |
| RACKSPACE TECHNOLOGY INC | COM | 750102105 |  | 127016820 | 129609000 | SH |  | DFND | 1 | 0 | 129609000 | 0 |
| RAIN ENHANCEMENT TECHNOLOGIE | *W EXP 12/31/202 | 75080J111 |  | 45449 | 217457 | SH |  | DFND | 1 | 0 | 217457 | 0 |
| RAIN ENHANCEMENT TECHNOLOGIE | CL A | 75080J103 |  | 60884 | 23970 | SH |  | DFND | 1 | 0 | 23970 | 0 |
| REALTY INCOME CORP | COM | 756109104 |  | 31125937 | 508760 | SH |  | DFND | 1 | 0 | 508760 | 0 |
| SABRE CORP | COM | 78573M104 |  | 20881188 | 14400819 | SH |  | DFND | 1 | 0 | 14400819 | 0 |
| SATELLOGIC INC | *W EXP 01/25/202 | 80401C118 |  | 177341 | 147784 | SH |  | DFND | 1 | 0 | 147784 | 0 |
| SIGHT SCIENCES INC | COM | 82657M105 |  | 1262950 | 335000 | SH |  | DFND | 1 | 0 | 335000 | 0 |
| SIMON PPTY GROUP INC NEW | COM | 828806109 |  | 31523570 | 169000 | SH |  | DFND | 1 | 0 | 169000 | 0 |
| SPS COMM INC | COM | 78463M107 |  | 186439 | 3349 | SH |  | DFND | 1 | 0 | 3349 | 0 |
| SSGA ACTIVE TR | ST STR SHORT DUR | 78470P580 |  | 10883600 | 434996 | SH |  | DFND | 1 | 0 | 434996 | 0 |
| SSGA ACTIVE TR | STATE STREET IG | 78470P622 |  | 19931700 | 790000 | SH |  | DFND | 1 | 0 | 790000 | 0 |
| TPG INC | COM CL A | 872657101 |  | 102543692 | 2531318 | SH |  | DFND | 1 | 0 | 2531318 | 0 |
| UDR INC | COM | 902653104 |  | 25474511 | 754130 | SH |  | DFND | 1 | 0 | 754130 | 0 |
| UNITI GROUP LLC | COM SHS | 912932100 |  | 86968677 | 9271714 | SH |  | DFND | 1 | 0 | 9271714 | 0 |
| USA TODAY CO INC | COM | 36472T109 |  | 85507730 | 12128756 | SH |  | DFND | 1 | 0 | 12128756 | 0 |
| VANECK ETF TRUST | SEMICONDUCTR ETF | 92189F676 |  | 766800000 | 2000000 | SH | Put | DFND | 1 | 0 | 2000000 | 0 |
| VANGUARD INDEX FDS | S 500 ETF SHS | 922908363 |  | 352867019 | 590523 | SH |  | DFND | 1 | 0 | 590523 | 0 |
| VENTAS INC | COM | 92276F100 |  | 47538714 | 581300 | SH |  | DFND | 1 | 0 | 581300 | 0 |
| VICI PPTYS INC | COM | 925652109 |  | 46436214 | 1699715 | SH |  | DFND | 1 | 0 | 1699715 | 0 |
| WYNDHAM HOTELS  RESORTS INC | COM | 98311A105 |  | 4780386 | 58850 | SH |  | DFND | 1 | 0 | 58850 | 0 |

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