Apollo Principal Holdings B, L.P. 4
4 · Apollo S3 Private Markets Fund · Filed Jan 30, 2026
Research Summary
AI-generated summary of this filing
Apollo S3 Private Markets Fund 10% Owner Transfers Shares
What Happened Apollo Principal Holdings B, L.P., a reported 10% owner of Apollo S3 Private Markets Fund, effected non‑market transfers on January 29, 2026. The filing shows a disposition (transfer) of 23,601.925 shares at $0.00 per share (total $0) and an acquisition of 5,062.528 shares at $0.00 per share (total $0). These transactions were coded as "J" (other acquisition or disposition), indicating transfers rather than open‑market buys or sales.
Key Details
- Transaction date: January 29, 2026; Form 4 filed January 30, 2026 (appears timely).
- Disposition: 23,601.925 shares @ $0.00 (no cash proceeds).
- Acquisition: 5,062.528 shares @ $0.00 (no cash paid).
- Shares owned after transaction: not specified in the reported filing.
- Footnote highlights:
- F1: The Adviser and/or affiliates may allocate up to 3% of eligible investors' shares; this filing reflects a transfer by Apollo Principal Holdings B, L.P. to eligible investors for no consideration.
- F3–F5: Some acquired shares are held directly by affiliated entities (e.g., Apollo S3 Holdings (ASPM AIV), L.P.); various affiliated entities disclaim beneficial ownership except for any pecuniary interest.
- Transaction code J = other acquisition/disposition (internal/affiliate transfer), not a market sale/purchase.
Context These were internal/affiliate transfers related to investor allocations, not open‑market trading by an executive. Transfers for no consideration (gifts/allocations) generally do not indicate the transferor’s view of the fund’s prospects. Because the filer is a 10% institutional owner and the filing documents affiliate allocations, retail investors should treat this as an administrative allocation among related parties rather than a signal of insider sentiment.
Insider Transaction Report
- Other
Class I Shares of Beneficial Ownership
[F1][F2][F4]2026-01-29−23,601.925→ 1,177,335.01 total(indirect: See Footnote) - Other
Class I Shares of Beneficial Ownership
[F5][F3][F4]2026-01-29+5,062.528→ 2,030,073.81 total(indirect: See Footnotes)
Footnotes (5)
- [F1]Apollo S3 RIC Management, L.P. (the "Adviser") and/or its affiliates may purchase shares on behalf of investors (or deliver to such investors shares from the assets of the Adviser or its affiliates) that contributed capital to Apollo S3 Private Markets Fund (the "Fund") by June 30, 2025, up to 3% of such investors' shares. This transaction reflects a transfer by Apollo Principal Holdings B, L.P., an affiliate of the Adviser, to the eligible investors described above for no consideration.
- [F2]These securities are held directly by Apollo Principal Holdings B, L.P.
- [F3]These securities are held directly by Apollo S3 Holdings (ASPM AIV), L.P., which received shares as part of the transaction noted in footnote (1) above. Apollo S3 Advisors, L.P. is the general partner of Apollo S3 Holdings (ASPM AIV), L.P. The general partner of Apollo S3 Advisors, L.P. is Sliders Advisors GP, LLC. The sole member of Sliders Advisors GP, LLC is APH Holdings (DC), L.P.
- [F4]Apollo Principal Holdings B GP, LLC is the general partner of each of Apollo Principal Holdings B, L.P. and APH Holdings (DC), L.P. The sole member of Apollo Principal Holdings B GP, LLC is APO Corp. Each of Apollo S3 Advisors, L.P., Sliders Advisors GP, LLC, APH Holdings (DC), L.P., Apollo Principal Holdings B, L.P., Apollo Principal Holdings B GP, LLC and APO Corp. disclaims beneficial ownership of these securities, except to the extent of their pecuniary interest therein, if any, and the filing of this report shall not be construed as an admission that any such person or entity is the beneficial owner of any such securities for purposes of Section 13(d) or 13(g) of the Securities Exchange Act of 1934, as amended, or for any other purpose.
- [F5]Reflects shares acquired in the transaction noted in footnote (1) above.