ETFs

Apollo Global Management Sees $51.1 Million in ETF Sales

October 31, 2026
5
3 min read

ETFs have offloaded a significant amount of Apollo Global Management, signaling a continued trend of selling.

ETFs Sold Apollo Global Management

In a recent trading session, exchange-traded funds (ETFs) sold a net total of $51.1 million in shares of Apollo Global Management (APO). This move included 23 ETFs purchasing shares while only 8 opted to sell.

Recent ETF Activity Trend

This trend of selling continues from the preceding days, with a similar outflow of $0.4 million on Tuesday and a minor inflow of $0.1 million on Monday. Specifically, the last two trading sessions indicated a pattern with an outflow of $3.1 million noted on October 23 and a prior inflow of $1.5 million on October 22.

ETFs and Their Influences

The most significant selling came from the ETF CGDV, which alone accounted for a reduction of shares totaling $57 million and saw its stake drop by 22.61%. In comparison, DFUS shed $0.3 million worth of shares, while IWB decreased its position by $0.1 million. Other ETFs, such as SPYM, reported minor reductions without significant dollar impacts.

CGDV: -502,220 shares for a value loss of -$57.0 million
DFUS: -2,936 shares for a loss of -$0.3 million
IWB: -496 shares leading to a decrease of -$0.1 million

Recent Buying and Selling Patterns

In the five days leading up to October 28, ETF activity has leaned towards selling, with net sellers on three occasions and net buyers on two:

October 28: -$51.1 million (23 buyers, 8 sellers)
October 27: -$0.4 million (20 buyers)
October 26: +$0.1 million (17 buyers, 6 sellers)
October 23: -$3.1 million (21 buyers, 10 sellers)
October 22: +$1.5 million (31 buyers)

A Closer Look at Apollo Global Management

Apollo Global Management is a prominent player in the asset management sector, recognized for its credit-focused investment strategy and ownership of Athene, a leading annuity provider in the United States. Financial metrics reveal that Apollo recorded a revenue of $36.01 billion over the last twelve months, representing a year-on-year increase of 37%. It boasts a gross margin of 60.4%, with a net margin resting at 5.2%.

The company's market capitalization stands at $70 billion, and its shares are currently trading at a price-to-earnings (P/E) ratio of 44.84. Other key valuation indicators include a price-to-book (P/B) ratio of 3.48 and a price-to-sales (P/S) ratio of 1.99. The GF Score is rated at 77, indicating a strong potential, while the GF Value suggests a fair market price of $112.59, compared to its trading price of $118.56, coupled with a dividend yield of 1.85%.