Institutional Holder Reports 29.4M Shares of Apollo, 5.2% Ownership

Rhea-AI Filing Summary

Capital World Investors reports beneficial ownership of 29,449,018 shares of Apollo Global Management common stock, representing 5.2% of the outstanding class. The filing shows sole dispositive power over 29,449,018 shares and sole voting power over 29,291,751 shares.

The statement certifies these securities are held in the ordinary course of business and were not acquired for the purpose of changing or influencing control of the issuer.

Positive

• Disclosure of material institutional stake: Capital World Investors reports ownership of 29,449,018 shares (5.2%) of Apollo common stock.
• Clear voting/dispositive authority: The filer reports sole dispositive power for 29,449,018 shares and sole voting power for 29,291,751 shares.

Negative

• None.

Insights

Financial Analyst

TL;DR: A material 5.2% institutional stake is disclosed but is reported as passive, so immediate market impact appears limited.

The filing documents that Capital World Investors holds 29,449,018 shares (5.2% of the class) with sole dispositive power and nearly identical sole voting power, indicating concentrated institutional ownership. Because the filer certifies the position is held in the ordinary course and not to influence control, this is a routine Section 13G disclosure of an over-5% passive stake rather than an activist intent signal.

Corporate Governance Expert

TL;DR: Disclosure of a >5% passive holder is governance-relevant but does not itself indicate a change in control strategy.

The report identifies Capital World Investors as the beneficial owner with sole voting and dispositive powers for the reported shares. The certification that holdings are not intended to influence control frames this as a passive ownership disclosure under applicable rules, meaning governance implications depend on any future actions not described in this filing.

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)

06/30/2025

(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

Capital World Investors

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 29,291,751.00
6	Shared Voting Power 0.00
7	Sole Dispositive Power 29,449,018.00
8	Shared Dispositive Power 0.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

29,449,018.00

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)

5.2 %

12

Type of Reporting Person (See Instructions)

IA

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 fl, New York, NY 10019
Item 2.
(a)	Name of person filing: Capital World Investors
(b)	Address or principal business office or, if none, residence: 333 SOUTH HOPE STREET, 55TH FLOOR, LOS ANGELES, CALIFORNIA 90071
(c)	Citizenship: N/A
(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: 29,449,018 ** **Capital World Investors ("CWI") is a division of Capital Research and Management Company ("CRMC"), as well as its investment management subsidiaries and affiliates Capital Bank and Trust Company, Capital International, Inc., Capital International Limited, Capital International Sarl, Capital International K.K., Capital Group Private Client Services, Inc., and Capital Group Investment Management Private Limited (together with CRMC, the "investment management entities"). CWI's divisions of each of the investment management entities collectively provide investment management services under the name "Capital World Investors." CWI is deemed to be the beneficial owner of 29,449,018 shares or 5.2% of the 571,494,234 shares believed to be outstanding.
(b)	Percent of class: 5.2 %
(c)	Number of shares as to which the person has:
	(i) Sole power to vote or to direct the vote: 29,291,751
	(ii) Shared power to vote or to direct the vote: 0
	(iii) Sole power to dispose or to direct the disposition of: 29,449,018
	(iv) Shared power to dispose or to direct the disposition of: 0
Item 5.	Ownership of 5 Percent or Less of a Class.
Item 6.	Ownership of more than 5 Percent on Behalf of Another Person.
	Not Applicable
Item 7.	Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.
	Not Applicable
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.

Capital World Investors

Signature:	Timothy J. Moon
Name/Title:	Vice President and Senior Counsel, Capital Research and Management Company
Date:	08/04/2025

FAQ

Who filed the Schedule 13G for Apollo (APO)?

The filing was submitted by Capital World Investors (a division of Capital Research and Management Company).

How many Apollo (APO) shares does Capital World Investors report owning?

The filer reports beneficial ownership of 29,449,018 shares of Apollo common stock.

What percentage of Apollo (APO) does the reported holding represent?

The reported holding represents 5.2% of the outstanding class.

Does Capital World Investors have voting or dispositive power over these shares?

Yes. The filing reports sole voting power for 29,291,751 shares and sole dispositive power for 29,449,018 shares.

Is the stake reported as passive or intended to influence control?

The filing includes a certification that the securities are held in the ordinary course of business and were not acquired to change or influence control of the issuer.