AppFolio
APPF
120 hedge funds and large institutions have $620M invested in AppFolio in 2018 Q4 according to their latest regulatory filings, with 25 funds opening new positions, 33 increasing their positions, 45 reducing their positions, and 41 closing their positions.
100% more funds holding in top 10
Funds holding in top 10: 2 → 4 (+2)
2.41% less ownership
Funds ownership: 67.37% → 64.96% (-2.4%)
12% less funds holding
Funds holding: 136 → 120 (-16)
25% less capital invested
Capital invested by funds: $827M → $620M (-$207M)
27% less repeat investments, than reductions
Existing positions increased: 33 | Existing positions reduced: 45
39% less first-time investments, than exits
New positions opened: 25 | Existing positions closed: 41
97% less call options, than puts
Call options by funds: $11K | Put options by funds: $324K
Top Buyers
Top Sellers
APPF Hedge Fund Activity: Q4 2018 in Review
120 of the 4,488 institutional investors tracked by Wall St. Rank reported a position in AppFolio (APPF) for Q4 2018, worth a combined $620M — down 25% from $827M a quarter earlier.
Sellers outnumbered buyers: 41 funds closed out of APPF and 25 opened new positions — a net loss of 16 holders — while 45 trimmed existing stakes and 33 added.
The largest buyer was Cat Rock Capital Management, opening a new position worth an estimated $14.1M. The largest seller was Dragoneer Investment Group, exiting entirely with an estimated $10.5M sold.
- 120 institutional investors held AppFolio (APPF) as of Q4 2018, down from 136 in Q3 2018.
- Funds reported $620M of AppFolio stock for Q4 2018, down 25% quarter-over-quarter.
- 25 funds opened new AppFolio positions in Q4 2018 and 41 closed out, a net change of -16 holders.
- The largest AppFolio buyer in Q4 2018 was Cat Rock Capital Management, an estimated $14.1M added.
- The largest AppFolio seller in Q4 2018 was Dragoneer Investment Group, an estimated $10.5M sold.
Based on aggregated 13F filings for Q4 2018.