AppFolio
APPF
384 hedge funds and large institutions have $4.5B invested in AppFolio in 2024 Q3 according to their latest regulatory filings, with 57 funds opening new positions, 153 increasing their positions, 121 reducing their positions, and 62 closing their positions.
71% more call options, than puts
Call options by funds: $22.8M | Put options by funds: $13.3M
26% more repeat investments, than reductions
Existing positions increased: 153 | Existing positions reduced: 121
13% more funds holding in top 10
Funds holding in top 10: 8 → 9 (+1)
2% less capital invested
Capital invested by funds: $4.61B → $4.5B (-$112M)
8% less first-time investments, than exits
New positions opened: 57 | Existing positions closed: 62
1.76% less ownership
Funds ownership: 84.96% → 83.2% (-1.8%)
2% less funds holding
Funds holding: 391 → 384 (-7)
Top Buyers
| 1 |
AQR Capital Management
Greenwich,
Connecticut
|
+$93.4M |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
+$57.1M |
| 3 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
+$48.5M |
| 4 |
Invesco
Atlanta,
Georgia
|
+$20.7M |
| 5 |
BlackRock
New York
|
+$15.5M |
Top Sellers
| 1 |
T. Rowe Price Investment Management
Baltimore,
Maryland
|
-$42.7M |
| 2 |
FAM
Fred Alger Management
New York
|
-$40.7M |
| 3 |
Artisan Partners
Milwaukee,
Wisconsin
|
-$26.6M |
| 4 |
BCM
Brown Capital Management
Baltimore,
Maryland
|
-$24.7M |
| 5 |
Goldman Sachs
New York
|
-$22.5M |
APPF Hedge Fund Activity: Q3 2024 in Review
384 of the 6,964 institutional investors tracked by Wall St. Rank reported a position in AppFolio (APPF) for Q3 2024, worth a combined $4.5B — down 2.4% from $4.61B a quarter earlier.
Sellers outnumbered buyers: 62 funds closed out of APPF and 57 opened new positions — a net loss of 5 holders — while 121 trimmed existing stakes and 153 added.
The largest buyer was AQR Capital Management, adding an estimated $93.4M. The largest seller was T. Rowe Price Investment Management, cutting an estimated $42.7M.
- 384 institutional investors held AppFolio (APPF) as of Q3 2024, down from 391 in Q2 2024.
- Funds reported $4.5B of AppFolio stock for Q3 2024, down 2.4% quarter-over-quarter.
- 57 funds opened new AppFolio positions in Q3 2024 and 62 closed out, a net change of -5 holders.
- The largest AppFolio buyer in Q3 2024 was AQR Capital Management, an estimated $93.4M added.
- The largest AppFolio seller in Q3 2024 was T. Rowe Price Investment Management, an estimated $42.7M sold.
Based on aggregated 13F filings for Q3 2024.