AppFolio
APPF
214 hedge funds and large institutions have $2.78B invested in AppFolio in 2023 Q2 according to their latest regulatory filings, with 43 funds opening new positions, 72 increasing their positions, 65 reducing their positions, and 20 closing their positions.
1,534% more call options, than puts
Call options by funds: $17.2M | Put options by funds: $1.05M
115% more first-time investments, than exits
New positions opened: 43 | Existing positions closed: 20
36% more capital invested
Capital invested by funds: $2.05B → $2.78B (+$736M)
11% more funds holding
Funds holding: 192 → 214 (+22)
11% more repeat investments, than reductions
Existing positions increased: 72 | Existing positions reduced: 65
0% more funds holding in top 10
Funds holding in top 10: 8 → 8 (0)
1.77% less ownership
Funds ownership: 79.67% → 77.9% (-1.8%)
Top Buyers
| 1 |
NCM
Nellore Capital Management
Redwood City,
California
|
+$19.5M |
| 2 |
DCM
Driehaus Capital Management
Chicago,
Illinois
|
+$19.5M |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
+$12.8M |
| 4 |
ACM
Atika Capital Management
New York
|
+$9.25M |
| 5 |
Prudential Financial
Newark,
New Jersey
|
+$7.14M |
Top Sellers
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
MA
226
Mutual Advisors
Omaha,
Nebraska
| – | -$220K | -1,771 | Closed |
|
|
CW
227
Channel Wealth
Santa Barbara,
California
| – | -$219K | -1,758 | Closed |
|
|
QT
228
Quantbot Technologies
New York
| – | -$219K | -1,757 | Closed |
|
|
GC
229
Globeflex Capital
San Diego,
California
| – | -$137K | -1,100 | Closed |
|
|
PMEF
230
Point72 Middle East FZE
Dubai,
United Arab Emirates
| – | -$22.5K | -181 | Closed |
|
231
Group One Trading
Chicago,
Illinois
| – | -$9.61K | -66 | Closed |
|
|
TWA
232
TCI Wealth Advisors
Tucson,
Arizona
| – | -$5.35K | -43 | Closed |
|
|
EI
233
Ellevest Inc
New York
| – | -$1.25K | -10 | Closed |
|
|
AW
234
Avion Wealth
The Woodlands,
Texas
| – | +$437 | +3 | New |
|
APPF Hedge Fund Activity: Q2 2023 in Review
214 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in AppFolio (APPF) for Q2 2023, worth a combined $2.78B — up 36% from $2.05B a quarter earlier.
Buyers outnumbered sellers: 43 funds opened new APPF positions and 20 closed out — a net gain of 23 holders — while 72 added to existing stakes and 65 trimmed.
The largest buyer was Nellore Capital Management, adding an estimated $19.5M. The largest seller was Brown Capital Management, cutting an estimated $104M.
- 214 institutional investors held AppFolio (APPF) as of Q2 2023, up from 192 in Q1 2023.
- Funds reported $2.78B of AppFolio stock for Q2 2023, up 36% quarter-over-quarter.
- 43 funds opened new AppFolio positions in Q2 2023 and 20 closed out, a net change of +23 holders.
- The largest AppFolio buyer in Q2 2023 was Nellore Capital Management, an estimated $19.5M added.
- The largest AppFolio seller in Q2 2023 was Brown Capital Management, an estimated $104M sold.
Based on aggregated 13F filings for Q2 2023.