Apollo Global Management Retirement Services — Trading securities, at fair value increased by 19.1% to $6.86B in Q4 2025 compared to the prior quarter. Year-over-year, this metric grew by 218.3%, from $2.16B to $6.86B. Over 3 years (FY 2022 to FY 2025), Retirement Services — Trading securities, at fair value shows an upward trend with a 26.5% CAGR.
Higher levels indicate a more active, tactical approach to managing a portion of the investment portfolio.
Represents the fair value of securities held specifically for the purpose of active trading or short-term profit generat...
Standard accounting classification for trading assets in financial institutions.
apo_segment_retirement_services_trading_securities_at_fair_value| Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $0.00 | $2.11B | $2.63B | $2.49B | $2.47B | $2.54B | $2.50B | $2.46B | $2.54B | $2.47B | $2.36B | $2.30B | $2.16B | $2.54B | $4.46B | $5.76B | $6.86B |
| QoQ Change | — | — | +24.7% | -5.1% | -0.7% | +2.6% | -1.7% | -1.3% | +3.3% | -3.1% | -4.2% | -2.5% | -6.4% | +17.9% | +75.3% | +29.2% | +19.1% |
| YoY Change | — | — | — | — | — | +20.5% | -5.0% | -1.1% | +2.9% | -2.8% | -5.3% | -6.5% | -15.3% | +3.1% | +88.8% | +150.2% | +218.3% |