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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
PPC
326
Park Place Capital
Alabama
$11K
CIAM
327
Caitong International Asset Management
Hong Kong
$10.1K -$45.1K -207 -82%
PSFG
328
Park Square Financial Group
Georgia
$10.1K
WWM
329
Wolff Wiese Magana
California
$9.67K
BIA
330
Bell Investment Advisors
California
$9.67K +$2.18K +10 +31%
CI Investments Inc
331
CI Investments Inc
Ontario, Canada
$9K -$218 -1 -3%
IHWM
332
Iron Horse Wealth Management
Iowa
$8.29K
CA
333
CoreCap Advisors
Michigan
$8.06K +$1.31K +6 +21%
EWA
334
EverSource Wealth Advisors
Alabama
$7.6K -$9.81K -45 -58%
SCM
335
Sterling Capital Management
North Carolina
$7.37K -$9.59K -44 -58%
HFS
336
Hantz Financial Services
Michigan
$7K +$5.45K +25 +500%
PWMG
337
Private Wealth Management Group
New Jersey
$5.99K +$1.74K +8 +44%
AAP
338
Arax Advisory Partners
Colorado
$5.99K -$1.31K -6 -19%
ADL
339
Asset Dedication LLC
California
$5.3K
MAFA
340
MJT & Associates Financial Advisory
Minnesota
$5.3K
MPWT
341
MassMutual Private Wealth & Trust
Connecticut
$4.84K -$7.63K -35 -63%
Optiver Holding
342
Optiver Holding
Netherlands
$4.38K +$4.14K +19 New
TPWA
343
Twin Peaks Wealth Advisors
California
$4.09K +$3.27K +15 New
SS
344
SBI Securities
Japan
$3.92K -$7.41K -34 -67%
GC
345
Globeflex Capital
California
$3.92K
FMII
346
Farmers & Merchants Investments Inc
Nebraska
$3.92K +$654 +3 +21%
BWL
347
Bogart Wealth LLC
Virginia
$3.45K
HCM
348
Hollencrest Capital Management
California
$3.45K
FFO
349
Fortitude Family Office
Arizona
$3.45K +$3.27K +15 New
NC
350
North Capital
Utah
$3.22K

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.