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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
UB
326
UMB Bank
Missouri
$82.7K +$2.97K +11 +4%
Canada Pension Plan Investment Board
327
Canada Pension Plan Investment Board
Ontario, Canada
$82.7K +$81K +300 New
S
328
SignatureFD
Georgia
$71.1K +$17.6K +65 +34%
Fifth Third Bancorp
329
Fifth Third Bancorp
Ohio
$70.6K +$25.7K +95 +59%
HFM
330
Harvest Fund Management
China
$69K +$67.5K +250 New
BNP Paribas Asset Management
331
BNP Paribas Asset Management
France
$62K
CA
332
Clearstead Advisors
Ohio
$58.4K -$9.45K -35 -14%
ERSOT
333
Employees Retirement System of Texas
Texas
$58K +$57.3K +212 New
ASN
334
Advisory Services Network
Georgia
$55.1K +$54K +200 New
AAP
335
Arax Advisory Partners
Colorado
$53.8K +$45.6K +169 +650%
Northwestern Mutual Wealth Management
336
Northwestern Mutual Wealth Management
Wisconsin
$52.9K +$17K +63 +49%
FFA
337
Farther Finance Advisors
California
$50.7K +$47.5K +176 +2,200%
SSG
338
Summit Securities Group
New York
$47.7K +$46.7K +173 New
AF
339
Allworth Financial
California
$46.9K +$10.3K +38 +29%
VCM
340
Versant Capital Management
Arizona
$41.3K +$1.62K +6 +4%
HFS
341
Hantz Financial Services
Michigan
$39K +$30.3K +112 +373%
FHC
342
First Horizon Corporation
Tennessee
$38.9K +$38.1K +141 New
TPCW
343
TD Private Client Wealth
New York
$36.7K +$34.3K +127 +2,117%
RFP
344
Root Financial Partners
California
$31.4K +$30.8K +114 New
IFU
345
iSAM Funds (UK)
United Kingdom
$24.8K -$620K -2,295 -96%
WANY
346
Wealthspire Advisors (New York)
New York
$21.8K +$21.3K +79 New
T
347
Tidemark
California
$20.9K -$11.9K -44 -37%
Rockefeller Capital Management
348
Rockefeller Capital Management
New York
$16K +$15.7K +58 New
Mitsubishi UFJ Asset Management
349
Mitsubishi UFJ Asset Management
Japan
$15.4K
EWA
350
EverSource Wealth Advisors
Alabama
$15.2K +$5.94K +22 +67%

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.