FMR LLC reports 5.3% Apollo Global Management (APO) ownership in Schedule 13G

Rhea-AI Filing Summary

FMR LLC has disclosed a significant stake in Apollo Global Management, Inc. common stock. As of December 31, 2025, FMR LLC reported beneficial ownership of 30,952,886.65 shares, representing 5.3% of Apollo’s outstanding common stock.

FMR LLC reported sole voting power over 26,615,007.83 shares and sole dispositive power over the full 30,952,886.65 shares, with no shared voting or dispositive power. Abigail P. Johnson is separately listed as a reporting person with sole dispositive power over the same share amount, reflecting her control position over FMR LLC.

The filing states that these securities were acquired and are held in the ordinary course of business and not for the purpose of changing or influencing control of Apollo Global Management, Inc. It also notes that one or more other persons may have rights to dividends or sale proceeds, but no other individual holds more than five percent of the common stock through these holdings.

Insights

Equity ownership & governance analyst

FMR LLC reports a 5.3% passive stake in Apollo Global Management.

FMR LLC and Abigail P. Johnson report beneficial ownership of 30,952,886.65 Apollo Global Management common shares, or 5.3% of the class, as of December 31, 2025. FMR has sole voting power over most of these shares and full sole dispositive power.

The certification explicitly states the position is held in the ordinary course of business and not with the purpose or effect of changing or influencing control. That language characterizes the stake as a passive institutional holding rather than an activist or strategic position.

One or more other persons may receive dividends or sale proceeds from these shares, but no other single party exceeds 5% of the class through this structure. Overall, this is a standard large‑holder disclosure rather than a transaction that alters Apollo’s capital structure or control dynamics.

SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

SCHEDULE 13G

UNDER THE SECURITIES EXCHANGE ACT OF 1934

APOLLO GLOBAL MANAGEMENT, INC

(Name of Issuer)

COMMON STOCK

(Title of Class of Securities)

03769M106

(CUSIP Number)

12/31/2025

(Date of Event Which Requires Filing of this Statement)

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

Rule 13d-1(b)

Rule 13d-1(c)

Rule 13d-1(d)

SCHEDULE 13G

CUSIP No. 03769M106

1

Names of Reporting Persons

FMR LLC

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

DELAWARE

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 26,615,007.83
6	Shared Voting Power 0.00
7	Sole Dispositive Power 30,952,886.65
8	Shared Dispositive Power 0.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

30,952,886.65

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

5.3 %

12

Type of Reporting Person (See Instructions)

HC

SCHEDULE 13G

CUSIP No. 03769M106

1

Names of Reporting Persons

Abigail P. Johnson

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

UNITED STATES

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 0.00
6	Shared Voting Power 0.00
7	Sole Dispositive Power 30,952,886.65
8	Shared Dispositive Power 0.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

30,952,886.65

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

5.3 %

12

Type of Reporting Person (See Instructions)

IN

SCHEDULE 13G

Item 1.
(a)	Name of issuer: APOLLO GLOBAL MANAGEMENT, INC
(b)	Address of issuer's principal executive offices: 9 WEST 57TH STREET,42ND FLOOR,New York,NY,US,10019
Item 2.
(a)	Name of person filing: FMR LLC
(b)	Address or principal business office or, if none, residence: 245 Summer Street, Boston, Massachusetts 02210
(c)	Citizenship: Not applicable
(d)	Title of class of securities: COMMON STOCK
(e)	CUSIP No.: 03769M106
Item 3.	If this statement is filed pursuant to §§ 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:
(a)	Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o);
(b)	Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c);
(c)	Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c);
(d)	Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8);
(e)	An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E);
(f)	An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F);
(g)	A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);
(h)	A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
(i)	A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
(j)	A non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J). If filing as a non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J), please specify the type of institution:
(k)	Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K).
Item 4.	Ownership
(a)	Amount beneficially owned: 30952886.65
(b)	Percent of class: 5.3 %
(c)	Number of shares as to which the person has:
	(i) Sole power to vote or to direct the vote: Please see the responses to Items 5 and 6 on the cover page.
	(ii) Shared power to vote or to direct the vote: 0.00
	(iii) Sole power to dispose or to direct the disposition of: 30952886.65
	(iv) Shared power to dispose or to direct the disposition of: 0.00
Item 5.	Ownership of 5 Percent or Less of a Class.
	Not Applicable
Item 6.	Ownership of more than 5 Percent on Behalf of Another Person.
	If any other person is known to have the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, such securities, a statement to that effect should be included in response to this item and, if such interest relates to more than 5 percent of the class, such person should be identified. A listing of the shareholders of an investment company registered under the Investment Company Act of 1940 or the beneficiaries of employee benefit plan, pension fund or endowment fund is not required. One or more other persons are known to have the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, the COMMON STOCK of APOLLO GLOBAL MANAGEMENT, INC. No one other person's interest in the COMMON STOCK of APOLLO GLOBAL MANAGEMENT, INC is more than five percent of the total outstanding COMMON STOCK.
Item 7.	Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.
	If a parent holding company has filed this schedule, pursuant to Rule 13d-1(b)(ii)(G), so indicate under Item 3(g) and attach an exhibit stating the identity and the Item 3 classification of the relevant subsidiary. If a parent holding company has filed this schedule pursuant to Rule 13d-1(c) or Rule 13d-1(d), attach an exhibit stating the identification of the relevant subsidiary. See attached Exhibit 99.
Item 8.	Identification and Classification of Members of the Group.
	Not Applicable
Item 9.	Notice of Dissolution of Group.
	Not Applicable

Item 10.

Certifications:

By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under ?? 240.14a-11.

SIGNATURE

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

FMR LLC

Signature:	Stephanie J. Brown
Name/Title:	Duly authorized under Power of Attorney effective as of January 3, 2023, by and on behalf of FMR LLC and its direct and indirect subsidiaries*
Date:	02/04/2026

Abigail P. Johnson

Signature:	Stephanie J. Brown
Name/Title:	Duly authorized under Power of Attorney effective as of January 26, 2023, by and on behalf of Abigail P. Johnson**
Date:	02/04/2026

Comments accompanying signature: * This power of attorney is incorporated herein by reference to Exhibit 24 to the Schedule 13G filed by FMR LLC on January 10, 2023, accession number: 0000315066-23-000003. ** This power of attorney is incorporated herein by reference to Exhibit 24 to the Schedule 13G filed by FMR LLC on January 31, 2023, accession number: 0000315066-23-000038.

Exhibit Information

Please see Exhibit 99 for 13d-1(k) (1) agreement.

FAQ

What percentage of Apollo Global Management (APO) shares does FMR LLC own?

FMR LLC reports beneficial ownership of 5.3% of Apollo Global Management’s common stock. This corresponds to 30,952,886.65 shares as of December 31, 2025, making FMR a significant institutional holder without indicating an activist or control-seeking position.

How many Apollo Global Management (APO) shares does FMR LLC control for voting and disposal?

FMR LLC has sole voting power over 26,615,007.83 Apollo shares and sole dispositive power over 30,952,886.65 shares. It reports no shared voting or shared dispositive power, indicating centralized control of how these holdings are voted and potentially sold.

What is Abigail P. Johnson’s reported interest in Apollo Global Management (APO)?

Abigail P. Johnson is listed as a reporting person with sole dispositive power over 30,952,886.65 Apollo shares, representing 5.3% of the common stock. She reports no sole or shared voting power, reflecting her control relationship with FMR LLC rather than direct voting authority.

Is FMR LLC’s stake in Apollo Global Management (APO) an activist position?

The filing certifies the Apollo shares were acquired and are held in the ordinary course of business, not to change or influence control. This language characterizes the position as a passive institutional investment rather than an activist or control-oriented stake in Apollo Global Management.

Do others have economic rights in FMR LLC’s Apollo Global Management (APO) holdings?

The disclosure states that one or more other persons may have rights to receive dividends or sale proceeds from the Apollo common stock. However, no such other person’s interest relates to more than 5% of Apollo’s total outstanding common stock.

Why did FMR LLC file a Schedule 13G for Apollo Global Management (APO)?

FMR LLC filed a Schedule 13G because its beneficial ownership of Apollo common stock reached above 5% of the class. Schedule 13G is the short-form disclosure used by eligible passive institutional investors instead of the more detailed Schedule 13D.