AppFolio
APPF
144 hedge funds and large institutions have $1.46B invested in AppFolio in 2020 Q1 according to their latest regulatory filings, with 36 funds opening new positions, 43 increasing their positions, 49 reducing their positions, and 17 closing their positions.
577% more call options, than puts
Call options by funds: $10.7M | Put options by funds: $1.58M
112% more first-time investments, than exits
New positions opened: 36 | Existing positions closed: 17
67% more funds holding in top 10
Funds holding in top 10: 3 → 5 (+2)
13% more funds holding
Funds holding: 128 → 144 (+16)
1.6% more ownership
Funds ownership: 77.72% → 79.33% (+1.6%)
4% more capital invested
Capital invested by funds: $1.4B → $1.46B (+$58.6M)
12% less repeat investments, than reductions
Existing positions increased: 43 | Existing positions reduced: 49
Top Buyers
| 1 |
BCM
Brown Capital Management
Baltimore,
Maryland
|
+$22.9M |
| 2 |
ACM
Ashe Capital Management
Englewood Cliffs,
New Jersey
|
+$19.2M |
| 3 |
DM
Diker Management
New York
|
+$11.2M |
| 4 |
GC
Gobi Capital
San Francisco,
California
|
+$10.7M |
| 5 |
Morgan Stanley
New York
|
+$4.81M |
Top Sellers
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
SSA
151
Schonfeld Strategic Advisors
New York
| – | -$386K | -3,516 | Closed |
|
152
Millennium Management
New York
| – | -$383K | -3,484 | Closed |
|
|
WKWM
153
Walter & Keenan Wealth Management
Souh Bend,
Indiana
| – | -$324K | -2,950 | Closed |
|
|
EGM
154
Engineers Gate Manager
New York
| – | -$310K | -2,820 | Closed |
|
|
JCM
155
JS Capital Management
New York
| – | -$286K | -2,600 | Closed |
|
156
Ensign Peak Advisors
Salt Lake City,
Utah
| – | -$273K | -2,480 | Closed |
|
157
ProShare Advisors
Bethesda,
Maryland
| – | -$234K | -2,131 | Closed |
|
158
Simplex Trading
Chicago,
Illinois
| – | -$75.1K | -630 | Closed |
|
|
CFA
159
Carroll Financial Associates
Charlotte,
North Carolina
| – | -$41K | -378 | Closed |
|
|
BBHC
160
Brown Brothers Harriman & Co
New York
| – | -$11K | -100 | Closed |
|
|
MAM
161
Meeder Asset Management
Dublin,
Ohio
| – | +$358 | +3 | New |
|
APPF Hedge Fund Activity: Q1 2020 in Review
144 of the 4,538 institutional investors tracked by Wall St. Rank reported a position in AppFolio (APPF) for Q1 2020, worth a combined $1.46B — up 4.2% from $1.4B a quarter earlier.
Buyers outnumbered sellers: 36 funds opened new APPF positions and 17 closed out — a net gain of 19 holders — while 43 added to existing stakes and 49 trimmed.
The largest buyer was Brown Capital Management, adding an estimated $22.9M. The largest seller was Brown Advisory, exiting entirely with an estimated $21.1M sold.
- 144 institutional investors held AppFolio (APPF) as of Q1 2020, up from 128 in Q4 2019.
- Funds reported $1.46B of AppFolio stock for Q1 2020, up 4.2% quarter-over-quarter.
- 36 funds opened new AppFolio positions in Q1 2020 and 17 closed out, a net change of +19 holders.
- The largest AppFolio buyer in Q1 2020 was Brown Capital Management, an estimated $22.9M added.
- The largest AppFolio seller in Q1 2020 was Brown Advisory, an estimated $21.1M sold.
Based on aggregated 13F filings for Q1 2020.