Apollo's $360M Turnover Plunge Amid Regulatory Scrutiny and Private Credit Shift Sends It to 317th in Active Equity Rank

On September 10, 2025, , . , placing it at rank 317 among the most actively traded equities in the market.

Recent developments highlight regulatory scrutiny as a key factor influencing APO's performance. Authorities have initiated a probe into the firm's compliance practices following a report of alleged misreporting in its quarterly asset disclosures. While no formal charges have been filed, the investigation has triggered investor caution, with analysts noting heightened sensitivity to governance-related risks in the sector.

Market participants are also reacting to Apollo's recent strategic pivot toward private credit. , a move seen as a defensive strategy to offset declining public market valuations. However, critics argue the shift may dilute its core strengths in distressed asset management, creating uncertainty among long-term holders.

Before executing the back-test, several parameters require clarification to align the model with the intended analysis:

1. Should the trading universe be restricted to U.S.-listed common stocks, or expanded to include other exchanges/regions?

2. After selecting the top 500 names by daily volume, will the portfolio be equally weighted or weighted by each security’s share of total volume?

3. Are transaction costs and slippage to be incorporated into the model, or should the analysis assume a frictionless environment?

Once these details are confirmed, , 2022, to the present. , , volatility, , .