Echo Street Capital Management’s AppFolio APPF Stock Holding History

Echo Street 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
2023 Q4	–	Sell	-862,697	Closed	-$158M	–	37
2023 Q3	$158M	Sell	862,697 -754,716	-47%	-$137M	1.47%	25
2023 Q2	$278M	Sell	1,617,413 -49,664	-3%	-$7.23M	2.38%	8
2023 Q1	$208M	Buy	1,667,077 +188,402	+13%	+$22.7M	1.87%	13
2022 Q4	$156M	Buy	1,478,675 +161,249	+12%	+$17.9M	1.51%	19
2022 Q3	$138M	Buy	1,317,426 +222,013	+20%	+$22.6M	1.32%	27
2022 Q2	$99.3M	Buy	1,095,413 +643,119	+142%	+$64.8M	0.9%	50
2022 Q1	$51.2M	Sell	452,294 -11,684	-3%	-$1.35M	0.37%	85
2021 Q4	$56.2M	Sell	463,978 -37,711	-8%	-$4.78M	0.38%	86
2021 Q3	$60.4M	Buy	501,689 +156,343	+45%	+$20.3M	0.42%	90
2021 Q2	$48.8M	Sell	345,346 -16,581	-5%	-$2.3M	0.38%	84
2021 Q1	$51.2M	Buy	361,927 +41,025	+13%	+$6.37M	0.46%	81
2020 Q4	$57.8M	Buy	320,902 +71,745	+29%	+$11.5M	0.58%	76
2020 Q3	$35.3M	Sell	249,157 -92,095	-27%	-$14.2M	0.61%	81
2020 Q2	$55.5M	Buy	341,252 +39,683	+13%	+$5.2M	0.66%	57
2020 Q1	$33.5M	Sell	301,569 -100,253	-25%	-$12M	0.72%	54
2019 Q4	$44.2M	Buy	401,822 +7,478	+2%	+$763K	0.68%	54
2019 Q3	$37.5M	Buy	394,344 +57,216	+17%	+$5.69M	0.64%	63
2019 Q2	$34.5M	Sell	337,128 -61,015	-15%	-$5.77M	0.61%	58
2019 Q1	$31.6M	Buy	398,143 +267,808	+205%	+$17.9M	0.62%	62
2018 Q4	$7.72M	Buy	+130,335	New	+$7.91M	0.19%	135
2018 Q2	–	Sell	-172,960	Closed	-$7.07M	–	163
2018 Q1	$7.07M	Buy	+172,960	New	+$7.2M	0.21%	129

Other funds holding APPF

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

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

BCM

Brown Capital Management Baltimore, Maryland $704M AUM 6.25% 1-Year Est. Return

ACM

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

Morgan Stanley New York $1.66T AUM 25.57% 1-Year Est. Return

FAM

Fred Alger Management New York $22.8B AUM 64.63% 1-Year Est. Return

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

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

GGHC

Gilder Gagnon Howe & Co New York $8.34B AUM 46.58% 1-Year Est. Return

DDC

DF Dent & Co Baltimore, Maryland $5.22B AUM 2.07% 1-Year Est. Return

Echo Street Capital Management's APPF Position: Q4 2023 in Review

Echo Street Capital Management sold out of AppFolio (APPF) in Q4 2023, closing a stake of 862,697 shares — an estimated $158M sold.

Echo Street Capital Management first reported a position in APPF in Q1 2018 and held it in 21 quarters. The position peaked at $278M in Q2 2023. 295 funds tracked by Wall St. Rank hold APPF as of Q4 2023.

Echo Street Capital Management reported no remaining AppFolio position as of Q4 2023 after selling out during the quarter.
Echo Street Capital Management sold 862,697 AppFolio shares in Q4 2023, an estimated $158M.
Echo Street Capital Management first reported a position in AppFolio in Q1 2018 and held it in 21 quarters.
Echo Street Capital Management's AppFolio position peaked at $278M in Q2 2023.
295 funds tracked by Wall St. Rank held AppFolio as of Q4 2023.

Based on Echo Street Capital Management's 13F filing for Q4 2023, filed 8 Feb 2024.