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AppFolio

381 hedge funds and large institutions have $4.39B invested in AppFolio in 2025 Q1 according to their latest regulatory filings, with 72 funds opening new positions, 135 increasing their positions, 130 reducing their positions, and 78 closing their positions.

New
Increased
Maintained
Reduced
Closed

138% more call options, than puts

Call options by funds: $16.6M | Put options by funds: $6.95M

3.29% more ownership

Funds ownership: 82.52%85.81% (+3.3%)

4% more repeat investments, than reductions

Existing positions increased: 135 | Existing positions reduced: 130

8% less first-time investments, than exits

New positions opened: 72 | Existing positions closed: 78

2% less funds holding

Funds holding: 388381 (-7)

7% less capital invested

Capital invested by funds: $4.7B → $4.39B (-$312M)

10% less funds holding in top 10

Funds holding in top 10: 109 (-1)

Holders
381
Holders Change
-7
Holders Change %
-1.8%
% of All Funds
5.11%
Holding in Top 10
9
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-10%
% of All Funds
0.12%
New
72
Increased
135
Reduced
130
Closed
78
Calls
$16.6M
Puts
$6.95M
Net Calls
+$9.61M
Net Calls Change
+$3.27M
Name Holding Trade Value Shares
Change
Change in
Stake
CIA
76
Capital Impact Advisors
Massachusetts
$5.82M +$6.07M +26,464 New
D.E. Shaw & Co
77
D.E. Shaw & Co
New York
$5.77M -$2.97M -12,927 -33%
CF
78
Corebridge Financial
Texas
$5.7M -$105K -457 -2%
WEO
79
William E. Oberndorf
$5.32M +$4.64M +20,245 +514%
Natixis Advisors
80
Natixis Advisors
Massachusetts
$5.27M -$146K -637 -3%
SCM
81
Sone Capital Management
New York
$5M +$5.21M +22,733 New
BAAM
82
Baker Avenue Asset Management
California
$4.92M -$17.9K -78 -0.3%
TM
83
TFJ Management
Massachusetts
$4.9M
QCM
84
Quantinno Capital Management
New York
$4.81M +$5.01M +21,852 New
California State Teachers Retirement System (CalSTRS)
85
California State Teachers Retirement System (CalSTRS)
California
$4.69M +$192K +836 +4%
ECM
86
ExodusPoint Capital Management
New York
$4.66M +$4.86M +21,171 New
TC
87
TownSquare Capital
Utah
$4.49M +$4.1M +17,853 +697%
ZCI
88
Zevenbergen Capital Investments
Washington
$4.4M -$218K -950 -5%
Lazard Asset Management
89
Lazard Asset Management
New York
$4.26M -$2.1M -9,165 -32%
Manulife (Manufacturers Life Insurance)
90
Manulife (Manufacturers Life Insurance)
Ontario, Canada
$4.15M +$9.4K +41 +0.2%
Millennium Management
91
Millennium Management
New York
$3.97M +$2.92M +12,709 +238%
CW
92
Channel Wealth
California
$3.92M
ACM
93
Advisors Capital Management
New Jersey
$3.79M +$1.18M +5,147 +43%
State Board of Administration of Florida Retirement System
94
State Board of Administration of Florida Retirement System
Florida
$3.64M
AAM
95
Azzad Asset Management
Virginia
$3.4M +$1.57M +6,823 +79%
Ensign Peak Advisors
96
Ensign Peak Advisors
Utah
$3.25M -$1.84M -8,037 -35%
EP
97
Edgestream Partners
New Jersey
$3.12M -$531K -2,315 -14%
Amundi
98
Amundi
France
$3.08M -$791K -3,447 -20%
MIM
99
MetLife Investment Management
New Jersey
$3.05M -$27.3K -119 -0.8%
BCI
100
Brinker Capital Investments
Pennsylvania
$3.03M +$1.41M +6,161 +81%