AppFolio
APPF
31 hedge funds and large institutions have $64.7M invested in AppFolio in 2016 Q2 according to their latest regulatory filings, with 5 funds opening new positions, 21 increasing their positions, 3 reducing their positions, and 7 closing their positions.
600% more repeat investments, than reductions
Existing positions increased: 21 | Existing positions reduced: 3
14% more capital invested
Capital invested by funds: $56.6M → $64.7M (+$8.12M)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
6% less funds holding
Funds holding: 33 → 31 (-2)
29% less first-time investments, than exits
New positions opened: 5 | Existing positions closed: 7
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
DIG
Dragoneer Investment Group
San Francisco,
California
|
+$4.87M |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
+$1.3M |
| 3 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
+$690K |
| 4 |
Northern Trust
Chicago,
Illinois
|
+$579K |
| 5 |
D.E. Shaw & Co
New York
|
+$204K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SM
SCGE Management
Menlo Park,
California
|
-$9.13M |
| 2 |
GCP
GSA Capital Partners
London,
United Kingdom
|
-$450K |
| 3 |
Goldman Sachs
New York
|
-$267K |
| 4 |
Millennium Management
New York
|
-$224K |
| 5 |
William Blair & Company
Chicago,
Illinois
|
-$169K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
Citigroup
New York
| $11K | -$43K | -3,218 | -81% |
|
27
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
| $10K | -$11.9K | -893 | -56% |
|
28
JP Morgan Chase
New York
| $6K | +$5.96K | +446 | New |
|
29
BNP Paribas Financial Markets
Paris,
France
| $4.27K | +$3.94K | +295 | New |
|
30
BlackRock
New York
| $4K | +$2.69K | +201 | +239% |
|
31
Bank of America
Charlotte,
North Carolina
| $2K | +$1.91K | +143 | New |
|
|
SM
32
SCGE Management
Menlo Park,
California
| – | -$9.13M | -746,074 | Closed |
|
|
GCP
33
GSA Capital Partners
London,
United Kingdom
| – | -$450K | -36,790 | Closed |
|
|
34
Goldman Sachs
New York
| – | -$267K | -21,791 | Closed |
|
|
35
Millennium Management
New York
| – | -$224K | -18,268 | Closed |
|
|
36
William Blair & Company
Chicago,
Illinois
| – | -$169K | -13,820 | Closed |
|
37
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| – | -$130K | -10,605 | Closed |
|
APPF Hedge Fund Activity: Q2 2016 in Review
31 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in AppFolio (APPF) for Q2 2016, worth a combined $64.7M — up 14% from $56.6M a quarter earlier.
Sellers outnumbered buyers: 7 funds closed out of APPF and 5 opened new positions — a net loss of 2 holders — while 3 trimmed existing stakes and 21 added.
The largest buyer was Dragoneer Investment Group, adding an estimated $4.87M. The largest seller was SCGE Management, exiting entirely with an estimated $9.13M sold.
- 31 institutional investors held AppFolio (APPF) as of Q2 2016, down from 33 in Q1 2016.
- Funds reported $64.7M of AppFolio stock for Q2 2016, up 14% quarter-over-quarter.
- 5 funds opened new AppFolio positions in Q2 2016 and 7 closed out, a net change of -2 holders.
- The largest AppFolio buyer in Q2 2016 was Dragoneer Investment Group, an estimated $4.87M added.
- The largest AppFolio seller in Q2 2016 was SCGE Management, an estimated $9.13M sold.
Based on aggregated 13F filings for Q2 2016.