Top 5 Stock Picks of Malcolm Levine’s Dendur Capital

3. Apollo Global Management, Inc. (NYSE:APO)

Dendur Capital’s Stake Value: $47 million

Percentage of Dendur Capital’s 13F Portfolio: 9.94%

 Number of Hedge Fund Holders: 61

Apollo Global Management, Inc. (NYSE:APO) is a private equity firm that engages in a variety of investments such as buyouts, debt investments, distressed asset management and carve outs. The firm is headquartered in New York, New York, United States.

As this year’s second quarter ended, Dendur Capital had owned 983,840 Apollo Global Management, Inc. (NYSE:APO) shares that were worth $47 million and represented 9.94% of its holdings. During the same time period, 61 out of the 895 hedge funds polled by Insider Monkey had also owned the company’s shares.

Apollo Global Management, Inc. (NYSE:APO)’s second quarter earnings saw the firm rake in $2.2 billion in revenue and $341 million in fee earnings, with the firm marking for growth in both segments. Barclays lowered the firm’s share price target to $65 from $70 in October 2022, stating that while market conditions are challenging, the company’s fee earnings should remain stable.

Apollo Global Management, Inc. (NYSE:APO)’s largest investor is Glen Greenberg’s Brave Warrior Capital which owns 7.4 million shares that are worth $360 million.