Apartment Investment and Management

AIV • NYSE

Apartment Investment and Management is a reit - residential company in the real estate sector on NYSE, with a market cap of $834.2M. As of Q3 2025, 87% of shares are held by 208 institutional investors, with VANGUARD GROUP INC as the largest holder at 13.46%.

Market Cap$834.2M

REIT - Residential

Real Estate

Employees61.0

Websiteaimco.com

Country

United States of America

Overview

Overview of institutional ownership in AIV as of Q3 2025 with a market cap of $1.1B

All Institutions

Institutions: 208
Value Held: $985.9M
Shares Held: 124.3M
Avg Position: $4.7M
Median Position: $401.5K

Hedge Funds

Hedge Funds: 33
Value Held: $244.1M
Shares Held: 30.8M
Avg Position: $7.4M
Median Position: $2.1M

Ownership Breakdown

Institutional (non-HF)

65.72%

$741.8M

Hedge Funds

21.62%

$244.1M

Retail & Other

12.65%

$142.8M

Based on market cap of $1.1B as of Q3 2025. Institutional (non-HF) excludes hedge funds to avoid double counting.

Biggest Investors

Institutions with the largest positions in AIV as of Q3 2025

Institution	Key People	Position Value	Ownership	Owned Since	Total AUM (Long)
VANGUARD GROUP INC Institution	Salim Ramji CEO	$151.9M 0.00% of portfolio	13.46% 19.2M shares	Q4 2020 Held for 4y 11m	$6.69T
PRICE T ROWE ASSOCIATES INC /MD/ Long Only Manager	Robert W Sharps President	$137.2M 0.02% of portfolio	12.15% 17.3M shares	Q4 2020 Held for 4y 11m	$912.31B
B BlackRock, Inc. Institution	-	$111.4M 0.00% of portfolio	9.87% 14.0M shares	Q4 2020 Held for 4y 11m	$5.67T
N Newtyn Management, LLC Hedge Fund•Event Driven	Noah Gabriel Levy Managing Partner	$61.6M 7.53% of portfolio	5.45% 7.8M shares	Q3 2023 Held for 2y 2m	$816.9M
STATE STREET CORP Institution	Ronald P. O'Hanley CEO	$46.5M 0.00% of portfolio	4.12% 5.9M shares	Q4 2020 Held for 4y 11m	$2.88T
GOLDMAN SACHS GROUP INC Institution	David M. Solomon CEO	$44.4M 0.01% of portfolio	3.93% 5.6M shares	Q4 2020 Held for 4y 11m	$691.34B
MILLENNIUM MANAGEMENT LLC Hedge Fund•Multi-Strategy	Dan Michael Berkovitz Chairman	$35.2M 0.03% of portfolio	3.12% 4.4M shares	Q4 2020 Held for 4y 11m	$121.98B
Madison Avenue Partners, LP Hedge Fund•Value	Eli Jackson Samaha Managing Partner	$28.7M 1.50% of portfolio	2.54% 3.6M shares	Q2 2025 Held for 5 months	$1.9B
GEODE CAPITAL MANAGEMENT LLC ETF Provider	David Kenneth Lane CEO	$26.4M 0.00% of portfolio	2.34% 3.3M shares	Q4 2020 Held for 4y 11m	$1.57T
Ursa Fund Management, LLC Hedge Fund•Event Driven	Andrew Philip Hahn Managing Partner	$24.6M 48.46% of portfolio	2.18% 3.1M shares	Q3 2025 Held for 2 months	$50.7M

Net Capital Flow

Institutional buying and selling activity for AIV in Q3 2025

Traded: −$23.4M
Buyers: 121
Sellers: 90
Total Bought: +$203.8M
Total Sold: −$227.2M
Avg Position: $4.0M

Biggest Buyers

Institution	Net Bought	Current Position
GOLDMAN SACHS GROUP INC Institution	+$41.8M +5.3M shares	$44.4M 5.6M shares
Ursa Fund Management, LLC Hedge Fund•Event Driven	+$24.6M +3.1M shares	$24.6M 3.1M shares
N Newtyn Management, LLC Hedge Fund•Event Driven	+$20.4M +2.6M shares	$61.6M 7.8M shares
Madison Avenue Partners, LP Hedge Fund•Value	+$17.0M +2.1M shares	$28.7M 3.6M shares
MORGAN STANLEY RIA/Wealth	+$11.9M +1.5M shares	$21.4M 2.7M shares
Weiss Asset Management LP Hedge Fund•Multi-Strategy	+$9.9M +1.2M shares	$9.9M 1.2M shares
RENAISSANCE TECHNOLOGIES LLC Hedge Fund•Quant	+$6.7M +849.0K shares	$9.5M 1.2M shares
L LMR Partners LLP Institution	+$6.4M +807.4K shares	$6.4M 807.4K shares
CITADEL ADVISORS LLC Hedge Fund•Multi-Strategy	+$5.0M +628.4K shares	$5.0M 628.4K shares
Schonfeld Strategic Advisors LLC Hedge Fund•Multi-Strategy	+$4.6M +576.3K shares	$4.6M 576.3K shares

Biggest Sellers

Institution	Net Sold	Current Position
Irenic Capital Management LP Hedge Fund•Activist	−$42.3M −4.9M shares	Sold Off 0 shares
NORTHWOOD LIQUID MANAGEMENT LP Hedge Fund•Sector	−$41.3M −4.8M shares	Sold Off 0 shares
T T. Rowe Price Investment Management, Inc. Insurance Manager	−$22.9M −2.7M shares	Sold Off 0 shares
Long Pond Capital, LP Hedge Fund•Long/Short	−$14.7M −1.7M shares	Sold Off 0 shares
MILLENNIUM MANAGEMENT LLC Hedge Fund•Multi-Strategy	−$10.4M −1.3M shares	$35.2M 4.4M shares
Western Standard, LLC Hedge Fund•Long/Short	−$9.2M −1.1M shares	Sold Off 0 shares
UBS GLOBAL ASSET MANAGEMENT AMERICAS INC Long Only Manager	−$8.4M −975.0K shares	Sold Off 0 shares
LANDMARK INVESTMENT PARTNERS, L.P. Hedge Fund•Long/Short	−$8.4M −1.1M shares	$6.8M 863.5K shares
A Aryeh Capital Management Ltd. Institution	−$8.0M −926.1K shares	Sold Off 0 shares
Uniplan Investment Counsel, Inc. RIA/Wealth	−$7.5M −863.4K shares	Sold Off 0 shares

Entry and Exit Activity

Institutions that initiated new positions or completely exited AIV in Q3 2025

New Positions: 10
New Value: $37.5M
Exited Positions: 39
Exited Value: $182.0M

New Positions

Institution	Position Value
Ursa Fund Management, LLC Hedge Fund•Event Driven	$24.6M 3.1M shares
Weiss Asset Management LP Hedge Fund•Multi-Strategy	$9.9M 1.2M shares
G Greenland Capital Management LP Hedge Fund•Multi-Strategy	$1.3M 170.0K shares
Centiva Capital, LP Hedge Fund•Multi-Strategy	$594.8K 75.0K shares
P PEAK6 LLC Institution	$435.4K 54.9K shares
CAPSTONE INVESTMENT ADVISORS, LLC Hedge Fund•Multi-Strategy	$333.1K 42.0K shares
Quantinno Capital Management LP Hedge Fund•Market Neutral	$195.4K 24.6K shares
R Rangeley Capital, LLC Hedge Fund•Event Driven	$119.0K 15.0K shares
SRS Capital Advisors, Inc. RIA/Wealth	$23.9K 3.0K shares
U UMA Financial Services, Inc. RIA/Wealth	$952.0 120.0 shares

Exited Positions

Institution	Previous Position
Irenic Capital Management LP Hedge Fund•Activist	$42.3M 4.9M shares
NORTHWOOD LIQUID MANAGEMENT LP Hedge Fund•Sector	$41.3M 4.8M shares
T T. Rowe Price Investment Management, Inc. Insurance Manager	$22.9M 2.7M shares
Long Pond Capital, LP Hedge Fund•Long/Short	$14.7M 1.7M shares
Western Standard, LLC Hedge Fund•Long/Short	$9.2M 1.1M shares
UBS GLOBAL ASSET MANAGEMENT AMERICAS INC Long Only Manager	$8.4M 975.0K shares
A Aryeh Capital Management Ltd. Institution	$8.0M 926.1K shares
Uniplan Investment Counsel, Inc. RIA/Wealth	$7.5M 863.4K shares
Colony Capital, Inc. Institution	$7.2M 1.0M shares
V Vision Capital Corp Institution	$5.4M 624.0K shares

Options Activity

Institutions with the largest Call and Put options positions in AIV as of Q3 2025

Call Positions: 7
Call Value: $37.7M
Put Positions: 5
Put Value: $28.7M

Call Positions

Institution	Position Value
T TORNO CAPITAL, LLC Institution	$15.9M 20.0K contracts
J J. Goldman & Co LP Hedge Fund•Multi-Strategy	$14.9M 18.8K contracts
LANDMARK INVESTMENT PARTNERS, L.P. Hedge Fund•Long/Short	$4.1M 5.2K contracts
SUSQUEHANNA INTERNATIONAL GROUP, LLP Private Equity	$1.4M 1.8K contracts
CITADEL ADVISORS LLC Hedge Fund•Multi-Strategy	$805.7K 1.0K contracts
C CANTOR FITZGERALD, L. P. Institution	$594.8K 7.5 contracts
Centiva Capital, LP Hedge Fund•Multi-Strategy	$30.1K 38.0 contracts

Put Positions

Institution	Position Value
Ursa Fund Management, LLC Hedge Fund•Event Driven	$15.9M 20.0K contracts
Centiva Capital, LP Hedge Fund•Multi-Strategy	$6.0M 7.5K contracts
CITADEL ADVISORS LLC Hedge Fund•Multi-Strategy	$5.9M 7.4K contracts
SUSQUEHANNA INTERNATIONAL GROUP, LLP Private Equity	$830.3K 1.0K contracts
Walleye Trading LLC RIA/Wealth	$206.2K 260.0 contracts

Most Committed Institutions

Institutions with AIV as the highest % of their portfolio as of Q3 2025

Institution	Key People	Portfolio Weight	Ownership	Owned Since	Total AUM (Long)
Ursa Fund Management, LLC Hedge Fund•Event Driven	Andrew Philip Hahn Managing Partner	48.46% $24.6M	2.18% 3.1M shares	Q3 2025 Held for 2 months	$50.7M
Argosy-Lionbridge Management, LLC Hedge Fund•Long/Short	David John Butler CEO	15.19% $23.1M	2.05% 2.9M shares	Q4 2024 Held for 11 months	$152.0M
N Newtyn Management, LLC Hedge Fund•Event Driven	Noah Gabriel Levy Managing Partner	7.53% $61.6M	5.45% 7.8M shares	Q3 2023 Held for 2y 2m	$816.9M
LANDMARK INVESTMENT PARTNERS, L.P. Hedge Fund•Long/Short	Steven Louis Frankel Managing Partner	5.61% $6.8M	0.61% 863.5K shares	Q4 2024 Held for 11 months	$122.1M
Meros Investment Management, LP Long Only Manager	Kenneth Scott Canon CEO	3.23% $7.6M	0.67% 954.2K shares	Q4 2023 Held for 1y 11m	$234.2M
Madison Avenue Partners, LP Hedge Fund•Value	Eli Jackson Samaha Managing Partner	1.50% $28.7M	2.54% 3.6M shares	Q2 2025 Held for 5 months	$1.9B
Union Square Park Capital Management, LLC Hedge Fund•Event Driven	Leon Michael Zaltzman Managing Partner	1.44% $2.1M	0.18% 260.0K shares	Q3 2025 Held for 2 months	$143.6M
Worth Venture Partners, LLC Fund of Funds	David Alexander Wertentheil CEO	1.19% $241.1K	0.02% 30.4K shares	Q1 2025 Held for 8 months	$20.3M
Beverly Hills Private Wealth, LLC RIA/Wealth	Scott Marshall Shagrin Managing Partner	0.47% $2.6M	0.23% 325.1K shares	Q3 2023 Held for 2y 2m	$554.1M
SAYBROOK CAPITAL /NC RIA/Wealth	Daniel Pimentel CFO	0.39% $1.5M	0.13% 183.5K shares	Q4 2024 Held for 11 months	$375.0M