AppFolio
APPF
295 hedge funds and large institutions have $3.08B invested in AppFolio in 2023 Q4 according to their latest regulatory filings, with 72 funds opening new positions, 110 increasing their positions, 83 reducing their positions, and 19 closing their positions.
279% more first-time investments, than exits
New positions opened: 72 | Existing positions closed: 19
33% more repeat investments, than reductions
Existing positions increased: 110 | Existing positions reduced: 83
20% more funds holding
Funds holding: 245 → 295 (+50)
3.51% more ownership
Funds ownership: 78.66% → 82.16% (+3.5%)
2% more capital invested
Capital invested by funds: $3.01B → $3.08B (+$73.3M)
0% more funds holding in top 10
Funds holding in top 10: 8 → 8 (0)
15% less call options, than puts
Call options by funds: $18.9M | Put options by funds: $22.2M
Top Buyers
| 1 |
Morgan Stanley
New York
|
+$90.9M |
| 2 |
Millennium Management
New York
|
+$30.2M |
| 3 |
BlackRock
New York
|
+$22.9M |
| 4 |
DCM
Driehaus Capital Management
Chicago,
Illinois
|
+$20.6M |
| 5 |
Wellington Management Group
Boston,
Massachusetts
|
+$20.2M |
Top Sellers
APPF Hedge Fund Activity: Q4 2023 in Review
295 of the 6,859 institutional investors tracked by Wall St. Rank reported a position in AppFolio (APPF) for Q4 2023, worth a combined $3.08B — up 2.4% from $3.01B a quarter earlier.
Buyers outnumbered sellers: 72 funds opened new APPF positions and 19 closed out — a net gain of 53 holders — while 110 added to existing stakes and 83 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $90.9M. The largest seller was Echo Street Capital Management, exiting entirely with an estimated $158M sold.
- 295 institutional investors held AppFolio (APPF) as of Q4 2023, up from 245 in Q3 2023.
- Funds reported $3.08B of AppFolio stock for Q4 2023, up 2.4% quarter-over-quarter.
- 72 funds opened new AppFolio positions in Q4 2023 and 19 closed out, a net change of +53 holders.
- The largest AppFolio buyer in Q4 2023 was Morgan Stanley, an estimated $90.9M added.
- The largest AppFolio seller in Q4 2023 was Echo Street Capital Management, an estimated $158M sold.
Based on aggregated 13F filings for Q4 2023.