Driehaus Capital Management’s AppFolio APPF Stock Holding History

Driehaus 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
2025 Q4	–	Sell	-53,256	Closed	-$14.7M	–	406
2025 Q3	$14.7M	Buy	+53,256	New	+$14.4M	0.11%	232
2024 Q4	–	Sell	-212,984	Closed	-$50.1M	–	387
2024 Q3	$50.1M	Sell	212,984 -14,648	-6%	-$3.43M	0.43%	75
2024 Q2	$55.7M	Buy	227,632 +32,633	+17%	+$7.6M	0.54%	56
2024 Q1	$48.1M	Sell	194,999 -84,092	-30%	-$18.1M	0.48%	52
2023 Q4	$48.3M	Buy	279,091 +110,008	+65%	+$20.6M	0.58%	39
2023 Q3	$30.9M	Buy	169,083 +35,228	+26%	+$6.39M	0.4%	74
2023 Q2	$23M	Buy	+133,855	New	+$19.5M	0.29%	111
2018 Q4	–	Sell	-20,179	Closed	-$1.58M	–	404
2018 Q3	$1.58M	Buy	+20,179	New	+$1.53M	0.05%	310
2017 Q4	–	Sell	-41,607	Closed	-$2M	–	529
2017 Q3	$2M	Buy	+41,607	New	+$1.64M	0.08%	243
2015 Q3	–	Sell	-100,000	Closed	-$1.41M	–	538
2015 Q2	$1.41M	Buy	+100,000	New	+$1.4M	0.05%	379

Other funds holding APPF

Vanguard Group Malvern, Pennsylvania $6.9T AUM 27.45% 1-Year Est. Return

BlackRock New York $6.73T AUM 46.02% 1-Year Est. Return

Principal Financial Group Des Moines, Iowa $204B AUM 27.99% 1-Year Est. Return

ACM

Ashe Capital Management Englewood Cliffs, New Jersey $931M AUM 4.95% 1-Year Est. Return

State Street Boston, Massachusetts $3.37T AUM 44.26% 1-Year Est. Return

T. Rowe Price Associates Baltimore, Maryland $999B AUM 46.22% 1-Year Est. Return

William Blair Investment Management Chicago, Illinois $33.3B AUM 44.76% 1-Year Est. Return

NCM

Nellore Capital Management Redwood City, California $901M AUM 6.86% 1-Year Est. Return

Kayne Anderson Rudnick Investment Management Los Angeles, California $32.2B AUM 10.98% 1-Year Est. Return

Geode Capital Management Boston, Massachusetts $1.88T AUM 44.46% 1-Year Est. Return

Driehaus Capital Management's APPF Position: Q4 2025 in Review

Driehaus Capital Management sold out of AppFolio (APPF) in Q4 2025, closing a stake of 53,256 shares — an estimated $14.7M sold.

Driehaus Capital Management first reported a position in APPF in Q2 2015 and held it in 10 quarters. The position peaked at $55.7M in Q2 2024. 403 funds tracked by Wall St. Rank hold APPF as of Q4 2025.

Driehaus Capital Management reported no remaining AppFolio position as of Q4 2025 after selling out during the quarter.
Driehaus Capital Management sold 53,256 AppFolio shares in Q4 2025, an estimated $14.7M.
Driehaus Capital Management first reported a position in AppFolio in Q2 2015 and held it in 10 quarters.
Driehaus Capital Management's AppFolio position peaked at $55.7M in Q2 2024.
403 funds tracked by Wall St. Rank held AppFolio as of Q4 2025.

Based on Driehaus Capital Management's 13F filing for Q4 2025, filed 17 Feb 2026.