We are live on ! Find out more
APPF icon

AppFolio
APPF

133 hedge funds and large institutions have $842M invested in AppFolio in 2019 Q1 according to their latest regulatory filings, with 28 funds opening new positions, 43 increasing their positions, 38 reducing their positions, and 14 closing their positions.

New
Increased
Maintained
Reduced
Closed

100% more first-time investments, than exits

New positions opened: 28 | Existing positions closed: 14

88% more call options, than puts

Call options by funds: $4.25M | Put options by funds: $2.26M

36% more capital invested

Capital invested by funds: $620M → $842M (+$222M)

13% more repeat investments, than reductions

Existing positions increased: 43 | Existing positions reduced: 38

11% more funds holding

Funds holding: 120 → 133 (+13)

2.06% more ownership

Funds ownership: 64.96% → 67.01% (+2.1%)

25% less funds holding in top 10

Funds holding in top 10: 4 → 3 (-1)

Holders
133
Holders Change
+13
Holders Change %
+10.83%
% of All Funds
2.88%
Holding in Top 10
3
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-25%
% of All Funds
0.06%
New
28
Increased
43
Reduced
38
Closed
14
Calls
$4.25M
Puts
$2.26M
Net Calls
+$1.99M
Net Calls Change
+$2.3M

Top Buyers

1
ESCM
Echo Street Capital Management
New York
+$17.9M
2
RIM
Ranger Investment Management
Texas
+$10.3M
3
WEO
William E. Oberndorf
+$7.35M
4
Arrowstreet Capital
Arrowstreet Capital
Massachusetts
+$7.02M
5
Russell Investments Group
Russell Investments Group
United Kingdom
+$3.48M

Top Sellers

1
CRCM
Cat Rock Capital Management
Connecticut
-$13.7M
2
MC
Menta Capital
California
-$5.28M
3
TA
Teachers Advisors
New York
-$5.24M
4
Manulife (Manufacturers Life Insurance)
Manulife (Manufacturers Life Insurance)
Ontario, Canada
-$4.84M
5
Renaissance Technologies
Renaissance Technologies
New York
-$4.21M
Name Holding Trade Value Shares
Change 		Change in
Stake
MNBTD
126
Moody National Bank Trust Division
Texas
$4K +$3.34K +50 New
SEI Investments
127
SEI Investments
Pennsylvania
$3K -$734K -10,976 -99%
QI
128
QS Investors
New York
$3K – – –
RCAG
129
Rehmann Capital Advisory Group
Michigan
$2.94K – – –
BCA
130
Berman Capital Advisors
Georgia
$2K – – –
TRCT
131
Tower Research Capital (TRC)
New York
$2K +$1.67K +25 New
PCP
132
Proficio Capital Partners
Massachusetts
$2K +$1.74K +26 New
AIA
133
Alera Investment Advisors
Illinois
$1K – – –
CRCM
134
Cat Rock Capital Management
Connecticut
– -$13.7M -231,666 Closed
MC
135
Menta Capital
California
– -$5.28M -89,150 Closed
Prudential Financial
136
Prudential Financial
New Jersey
– -$2.02M -34,160 Closed
CSS
137
Cubist Systematic Strategies
Connecticut
– -$625K -10,557 Closed
Squarepoint
138
Squarepoint
New York
– -$408K -6,896 Closed
AG
139
Algert Global
California
– -$309K -5,225 Closed
AA
140
ALPS Advisors
Colorado
– -$307K -5,177 Closed
Susquehanna International Group
141
Susquehanna International Group
Pennsylvania
– -$256K -3,834 Closed
JG
142
Jefferies Group
New York
– -$206K -3,477 Closed
SGM
143
Skye Global Management
Florida
– -$113K -1,900 Closed
WANY
144
Wealthspire Advisors (New York)
New York
– -$21K -350 Closed
CG
145
Cutler Group
California
– -$3.21K -48 Closed
IA
146
IFP Advisors
Florida
– -$2K -40 Closed
2 3 4 5
6

APPF Hedge Fund Activity: Q1 2019 in Review

133 of the 4,620 institutional investors tracked by Wall St. Rank reported a position in AppFolio (APPF) for Q1 2019, worth a combined $842M — up 36% from $620M a quarter earlier.

Buyers outnumbered sellers: 28 funds opened new APPF positions and 14 closed out — a net gain of 14 holders — while 43 added to existing stakes and 38 trimmed.

The largest buyer was Echo Street Capital Management, adding an estimated $17.9M. The largest seller was Cat Rock Capital Management, exiting entirely with an estimated $13.7M sold.

  • 133 institutional investors held AppFolio (APPF) as of Q1 2019, up from 120 in Q4 2018.
  • Funds reported $842M of AppFolio stock for Q1 2019, up 36% quarter-over-quarter.
  • 28 funds opened new AppFolio positions in Q1 2019 and 14 closed out, a net change of +14 holders.
  • The largest AppFolio buyer in Q1 2019 was Echo Street Capital Management, an estimated $17.9M added.
  • The largest AppFolio seller in Q1 2019 was Cat Rock Capital Management, an estimated $13.7M sold.

Based on aggregated 13F filings for Q1 2019.