AppFolio
APPF
130 hedge funds and large institutions have $1.2B invested in AppFolio in 2019 Q3 according to their latest regulatory filings, with 14 funds opening new positions, 49 increasing their positions, 38 reducing their positions, and 29 closing their positions.
72% more call options, than puts
Call options by funds: $6.83M | Put options by funds: $3.97M
29% more repeat investments, than reductions
Existing positions increased: 49 | Existing positions reduced: 38
6.87% more ownership
Funds ownership: 70.32% → 77.19% (+6.9%)
5% more capital invested
Capital invested by funds: $1.15B → $1.2B (+$55.3M)
11% less funds holding
Funds holding: 146 → 130 (-16)
52% less first-time investments, than exits
New positions opened: 14 | Existing positions closed: 29
60% less funds holding in top 10
Funds holding in top 10: 5 → 2 (-3)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Capital Research Global Investors
Los Angeles,
California
|
+$95.9M |
| 2 |
BCM
Brown Capital Management
Baltimore,
Maryland
|
+$57.1M |
| 3 |
GGHC
Gilder Gagnon Howe & Co
New York
|
+$25.3M |
| 4 |
Invesco
Atlanta,
Georgia
|
+$13.9M |
| 5 |
BlackRock
New York
|
+$9.36M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Renaissance Technologies
New York
|
-$21.1M |
| 2 |
GCM
Glynn Capital Management
Menlo Park,
California
|
-$7.54M |
| 3 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$6.64M |
| 4 |
AQR Capital Management
Greenwich,
Connecticut
|
-$5.69M |
| 5 |
CRCM
Cat Rock Capital Management
Greenwich,
Connecticut
|
-$5.08M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
PFO
151
Pathstone Family Office
Englewood,
New Jersey
| – | -$106K | -1,039 | Closed |
|
|
MUS
152
Mitsubishi UFJ Securities
Tokyo,
Japan
| – | -$97K | -950 | Closed |
|
|
AG
153
Aperio Group
Sausalito,
California
| – | -$69K | -670 | Closed |
|
|
APA
154
American Portfolios Advisors
Holbrook,
New York
| – | -$53.1K | -519 | Closed |
|
155
Simplex Trading
Chicago,
Illinois
| – | -$20.8K | -209 | Closed |
|
|
NIT
156
NumerixS Investment Technologies
Vancouver,
British Columbia, Canada
| – | -$10K | -100 | Closed |
|
|
PCP
157
Proficio Capital Partners
Newton,
Massachusetts
| – | -$3K | -26 | Closed |
|
|
MAM
158
Meeder Asset Management
Dublin,
Ohio
| – | -$1K | -13 | Closed |
|
APPF Hedge Fund Activity: Q3 2019 in Review
130 of the 4,560 institutional investors tracked by Wall St. Rank reported a position in AppFolio (APPF) for Q3 2019, worth a combined $1.2B — up 4.8% from $1.15B a quarter earlier.
Sellers outnumbered buyers: 29 funds closed out of APPF and 14 opened new positions — a net loss of 15 holders — while 38 trimmed existing stakes and 49 added.
The largest buyer was Capital Research Global Investors, opening a new position worth an estimated $95.9M. The largest seller was Renaissance Technologies, cutting an estimated $21.1M.
- 130 institutional investors held AppFolio (APPF) as of Q3 2019, down from 146 in Q2 2019.
- Funds reported $1.2B of AppFolio stock for Q3 2019, up 4.8% quarter-over-quarter.
- 14 funds opened new AppFolio positions in Q3 2019 and 29 closed out, a net change of -15 holders.
- The largest AppFolio buyer in Q3 2019 was Capital Research Global Investors, an estimated $95.9M added.
- The largest AppFolio seller in Q3 2019 was Renaissance Technologies, an estimated $21.1M sold.
Based on aggregated 13F filings for Q3 2019.