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AppFolio

412 hedge funds and large institutions have $5.55B invested in AppFolio in 2025 Q3 according to their latest regulatory filings, with 78 funds opening new positions, 132 increasing their positions, 142 reducing their positions, and 47 closing their positions.

New
Increased
Maintained
Reduced
Closed

443% more call options, than puts

Call options by funds: $60.3M | Put options by funds: $11.1M

66% more first-time investments, than exits

New positions opened: 78 | Existing positions closed: 47

38% more funds holding in top 10

Funds holding in top 10: 811 (+3)

17% more capital invested

Capital invested by funds: $4.73B → $5.55B (+$820M)

7% more funds holding

Funds holding: 385412 (+27)

0.96% less ownership

Funds ownership: 89.16%88.2% (-0.96%)

7% less repeat investments, than reductions

Existing positions increased: 132 | Existing positions reduced: 142

Holders
412
Holders Change
+27
Holders Change %
+7.01%
% of All Funds
5.41%
Holding in Top 10
11
Holding in Top 10 Change
+3
Holding in Top 10 Change %
+37.5%
% of All Funds
0.14%
New
78
Increased
132
Reduced
142
Closed
47
Calls
$60.3M
Puts
$11.1M
Net Calls
+$49.2M
Net Calls Change
+$29.7M
Name Holding Trade Value Shares
Change
Change in
Stake
Corient Private Wealth
301
Corient Private Wealth
Florida
$214K +$209K +775 New
MBTD
302
Mechanics Bank - Trust Department
California
$210K +$206K +761 New
PWAM
303
Papamarkou Wellner Asset Management
New York
$210K +$205K +760 New
Polen Capital Management
304
Polen Capital Management
Florida
$208K +$203K +753 New
XT
305
XTX Topco
Cayman Islands
$207K -$1.46M -5,392 -88%
OIA
306
OneDigital Investment Advisors
Kansas
$205K +$200K +742 New
VEA
307
Virtus ETF Advisers
New York
$204K +$200K +740 New
Osaic Holdings
308
Osaic Holdings
Arizona
$175K +$21.6K +80 +14%
IA
309
IFP Advisors
Florida
$173K +$42.7K +158 +34%
ETC
310
Exchange Traded Concepts
Oklahoma
$167K +$28.9K +107 +21%
DJSG
311
D.J. St. Germain
Massachusetts
$162K -$37.5K -139 -19%
SAM
312
Smartleaf Asset Management
Massachusetts
$160K -$11.1K -41 -7%
KBC Group
313
KBC Group
Belgium
$160K
VI
314
Vestcor Inc
New Brunswick, Canada
$152K +$149K +553 New
PS
315
Principal Securities
Iowa
$145K +$36.7K +136 +35%
SO
316
STRS Ohio
Ohio
$145K +$270 +1 +0.2%
BTI
317
Blue Trust Inc
Georgia
$133K +$61K +226 +88%
GI
318
GAMMA Investing
California
$131K +$39.2K +145 +44%
HIA
319
Harbor Investment Advisory
Maryland
$129K
Jones Financial Companies
320
Jones Financial Companies
Missouri
$126K +$15.7K +58 +15%
AAM
321
Advisors Asset Management
Colorado
$123K +$6.75K +25 +6%
Simplex Trading
322
Simplex Trading
Illinois
$119K +$117K +434 New
RFA
323
Reyes Financial Architecture
California
$107K -$8.1K -30 -7%
SPIA
324
Steward Partners Investment Advisory
New York
$96.2K +$70K +259 +288%
HNB
325
Huntington National Bank
Ohio
$93.2K +$37.3K +138 +69%

APPF Hedge Fund Activity: Q3 2025 in Review

412 of the 7,619 institutional investors tracked by Wall St. Rank reported a position in AppFolio (APPF) for Q3 2025, worth a combined $5.55B — up 17% from $4.73B a quarter earlier.

Buyers outnumbered sellers: 78 funds opened new APPF positions and 47 closed out — a net gain of 31 holders — while 132 added to existing stakes and 142 trimmed.

The largest buyer was Principal Financial Group, adding an estimated $90.2M. The largest seller was Brown Capital Management, cutting an estimated $64M.

  • 412 institutional investors held AppFolio (APPF) as of Q3 2025, up from 385 in Q2 2025.
  • Funds reported $5.55B of AppFolio stock for Q3 2025, up 17% quarter-over-quarter.
  • 78 funds opened new AppFolio positions in Q3 2025 and 47 closed out, a net change of +31 holders.
  • The largest AppFolio buyer in Q3 2025 was Principal Financial Group, an estimated $90.2M added.
  • The largest AppFolio seller in Q3 2025 was Brown Capital Management, an estimated $64M sold.

Based on aggregated 13F filings for Q3 2025.