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AppFolio

385 hedge funds and large institutions have $4.73B invested in AppFolio in 2025 Q2 according to their latest regulatory filings, with 63 funds opening new positions, 118 increasing their positions, 156 reducing their positions, and 56 closing their positions.

New
Increased
Maintained
Reduced
Closed

491% more call options, than puts

Call options by funds: $23.5M | Put options by funds: $3.98M

13% more first-time investments, than exits

New positions opened: 63 | Existing positions closed: 56

8% more capital invested

Capital invested by funds: $4.39B → $4.73B (+$346M)

3.35% more ownership

Funds ownership: 85.81%89.16% (+3.4%)

1% more funds holding

Funds holding: 381385 (+4)

11% less funds holding in top 10

Funds holding in top 10: 98 (-1)

24% less repeat investments, than reductions

Existing positions increased: 118 | Existing positions reduced: 156

Holders
385
Holders Change
+4
Holders Change %
+1.05%
% of All Funds
5.07%
Holding in Top 10
8
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-11.11%
% of All Funds
0.11%
New
63
Increased
118
Reduced
156
Closed
56
Calls
$23.5M
Puts
$3.98M
Net Calls
+$19.5M
Net Calls Change
+$9.93M
Name Holding Trade Value Shares
Change
Change in
Stake
Bank of Nova Scotia
226
Bank of Nova Scotia
Ontario, Canada
$390K +$369K +1,691 New
Federated Hermes
227
Federated Hermes
Pennsylvania
$388K -$2.19M -10,051 -86%
AA
228
ALPS Advisors
Colorado
$387K +$4.36K +20 +1%
CAPTRUST Financial Advisors
229
CAPTRUST Financial Advisors
North Carolina
$377K -$194K -891 -35%
IAA
230
Independent Advisor Alliance
North Carolina
$374K -$134K -617 -28%
AWAU
231
Alliance Wealth Advisors (Utah)
Utah
$374K -$29K -133 -8%
SGI
232
Summit Global Investments
Utah
$363K -$16.3K -75 -5%
SCA
233
Snowden Capital Advisors
New York
$357K +$1.53K +7 +0.5%
TC
234
TownSquare Capital
Utah
$356K -$4.11M -18,872 -92%
HCM
235
HMS Capital Management
Tennessee
$354K -$11.3K -52 -3%
CGH
236
Crossmark Global Holdings
Texas
$348K -$21.6K -99 -6%
DekaBank Deutsche Girozentrale
237
DekaBank Deutsche Girozentrale
Germany
$346K +$122K +559 +58%
MML Investors Services
238
MML Investors Services
Massachusetts
$345K +$11.3K +52 +4%
FT
239
Fiduciary Trust
Massachusetts
$338K +$1.31K +6 +0.4%
LTAS
240
Linden Thomas Advisory Services
North Carolina
$338K +$16.3K +75 +5%
EWA
241
EP Wealth Advisors
California
$336K +$654 +3 +0.2%
MA
242
Mutual Advisors
Nebraska
$335K -$1.96K -9 -0.7%
BMCM
243
Burns Matteson Capital Management
New York
$332K +$1.53K +7 +0.5%
BC
244
Bridgefront Capital
Texas
$330K +$312K +1,432 New
A
245
AlphaQuest
New York
$324K +$115K +528 +60%
BF
246
BOK Financial
Oklahoma
$322K +$305K +1,399 New
Allspring Global Investments
247
Allspring Global Investments
North Carolina
$317K -$2.4M -11,026 -89%
Cerity Partners
248
Cerity Partners
New York
$309K -$1.72M -7,911 -85%
FBT
249
First Bank & Trust
South Dakota
$301K +$22.7K +104 +9%
STA
250
Summit Trail Advisors
New York
$297K +$281K +1,289 New

APPF Hedge Fund Activity: Q2 2025 in Review

385 of the 7,595 institutional investors tracked by Wall St. Rank reported a position in AppFolio (APPF) for Q2 2025, worth a combined $4.73B — up 7.9% from $4.39B a quarter earlier.

Buyers outnumbered sellers: 63 funds opened new APPF positions and 56 closed out — a net gain of 7 holders — while 118 added to existing stakes and 156 trimmed.

The largest buyer was Principal Financial Group, adding an estimated $93.9M. The largest seller was Fidelity Investments, cutting an estimated $59.2M.

  • 385 institutional investors held AppFolio (APPF) as of Q2 2025, up from 381 in Q1 2025.
  • Funds reported $4.73B of AppFolio stock for Q2 2025, up 7.9% quarter-over-quarter.
  • 63 funds opened new AppFolio positions in Q2 2025 and 56 closed out, a net change of +7 holders.
  • The largest AppFolio buyer in Q2 2025 was Principal Financial Group, an estimated $93.9M added.
  • The largest AppFolio seller in Q2 2025 was Fidelity Investments, an estimated $59.2M sold.

Based on aggregated 13F filings for Q2 2025.