Dark Forest Capital Management’s AppFolio APPF Stock Holding History

Dark Forest Capital Management’s Portfolio APPF Stock Details APPF Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2026 Q1	–	Sell	-2,163	Closed	-$503K	–	791
2025 Q4	$503K	Buy	+2,163	New	+$514K	0.02%	810
2025 Q1	–	Sell	-2,224	Closed	-$549K	–	1217
2024 Q4	$549K	Buy	+2,224	New	+$521K	0.08%	397
2024 Q2	–	Sell	-5,740	Closed	-$1.42M	–	651
2024 Q1	$1.42M	Buy	5,740 +4,300	+299%	+$927K	0.24%	69
2023 Q4	$249K	Sell	1,440 -15,180	-91%	-$2.84M	0.04%	357
2023 Q3	$3.04M	Buy	16,620 +5,356	+48%	+$971K	0.23%	37
2023 Q2	$1.94M	Buy	+11,264	New	+$1.64M	0.18%	85
2023 Q1	–	Sell	-283	Closed	-$29.8K	–	1173
2022 Q4	$29.8K	Buy	283 +265	+1,472%	+$29.5K	0.01%	484
2022 Q3	$2K	Buy	+18	New	+$1.84K	﹤0.01%	999

Other funds holding APPF

BlackRock New York $5.72T AUM 30.48% 1-Year Est. Return

Principal Financial Group Des Moines, Iowa $187B AUM 18.48% 1-Year Est. Return

VPM

Vanguard Portfolio Management Malvern, Pennsylvania $1.91T AUM

VCM

Vanguard Capital Management Malvern, Pennsylvania $4.04T AUM

ACM

Ashe Capital Management Englewood Cliffs, New Jersey $797M AUM 4.79% 1-Year Est. Return

State Street Boston, Massachusetts $2.9T AUM 29.55% 1-Year Est. Return

William Blair Investment Management Chicago, Illinois $30.3B AUM 33.75% 1-Year Est. Return

NCM

Nellore Capital Management Redwood City, California $783M AUM 2.58% 1-Year Est. Return

T. Rowe Price Associates Baltimore, Maryland $865B AUM 30.76% 1-Year Est. Return

Geode Capital Management Boston, Massachusetts $1.61T AUM 30.72% 1-Year Est. Return

Dark Forest Capital Management's APPF Position: Q1 2026 in Review

Dark Forest Capital Management sold out of AppFolio (APPF) in Q1 2026, closing a stake of 2,163 shares — an estimated $503K sold.

Dark Forest Capital Management first reported a position in APPF in Q3 2022 and held it in 8 quarters. The position peaked at $3.04M in Q3 2023. 396 funds tracked by Wall St. Rank hold APPF as of Q1 2026.

Dark Forest Capital Management reported no remaining AppFolio position as of Q1 2026 after selling out during the quarter.
Dark Forest Capital Management sold 2,163 AppFolio shares in Q1 2026, an estimated $503K.
Dark Forest Capital Management first reported a position in AppFolio in Q3 2022 and held it in 8 quarters.
Dark Forest Capital Management's AppFolio position peaked at $3.04M in Q3 2023.
396 funds tracked by Wall St. Rank held AppFolio as of Q1 2026.

Based on Dark Forest Capital Management's 13F filing for Q1 2026, filed 15 May 2026.