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AppFolio

385 hedge funds and large institutions have $4.73B invested in AppFolio in 2025 Q2 according to their latest regulatory filings, with 63 funds opening new positions, 118 increasing their positions, 156 reducing their positions, and 56 closing their positions.

New
Increased
Maintained
Reduced
Closed

491% more call options, than puts

Call options by funds: $23.5M | Put options by funds: $3.98M

13% more first-time investments, than exits

New positions opened: 63 | Existing positions closed: 56

8% more capital invested

Capital invested by funds: $4.39B → $4.73B (+$346M)

3.35% more ownership

Funds ownership: 85.81%89.16% (+3.4%)

1% more funds holding

Funds holding: 381385 (+4)

11% less funds holding in top 10

Funds holding in top 10: 98 (-1)

24% less repeat investments, than reductions

Existing positions increased: 118 | Existing positions reduced: 156

Holders
385
Holders Change
+4
Holders Change %
+1.05%
% of All Funds
5.07%
Holding in Top 10
8
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-11.11%
% of All Funds
0.11%
New
63
Increased
118
Reduced
156
Closed
56
Calls
$23.5M
Puts
$3.98M
Net Calls
+$19.5M
Net Calls Change
+$9.93M
Name Holding Trade Value Shares
Change
Change in
Stake
NMIMC
151
Northwestern Mutual Investment Management Company
Wisconsin
$1.19M -$4.79K -22 -0.4%
NAAA
152
New Age Alpha Advisors
New York
$1.18M +$101K +463 +10%
VI
153
Versor Investments
New York
$1.18M +$778K +3,570 +232%
Commonwealth Equity Services
154
Commonwealth Equity Services
Massachusetts
$1.14M -$389K -1,786 -26%
OAM
155
Oppenheimer Asset Management
New York
$1.13M -$31.2K -143 -3%
SSA
156
Schonfeld Strategic Advisors
New York
$1.13M +$1.06M +4,886 New
LCM
157
Legato Capital Management
California
$1.09M -$142K -650 -12%
OPERF
158
Oregon Public Employees Retirement Fund
Oregon
$1.09M -$5.88K -27 -0.6%
KK
159
KLP Kapitalforvaltning
Norway
$1.08M -$196K -900 -16%
X
160
Xponance
Pennsylvania
$1.08M -$18.3K -84 -2%
PP
161
PDT Partners
New York
$1.05M -$248K -1,140 -20%
FCBT
162
First Citizens Bank & Trust
North Carolina
$1.05M +$720K +3,301 +263%
AIP
163
Ameritas Investment Partners
Nebraska
$1.03M -$32.3K -148 -3%
American Century Companies
164
American Century Companies
Missouri
$1.03M +$84.4K +387 +9%
SDIC
165
South Dakota Investment Council
South Dakota
$990K
CIS
166
Custom Index Systems
New York
$982K +$131K +600 +16%
RAM
167
Resona Asset Management
Japan
$968K +$916K +4,203 New
NMERB
168
New Mexico Educational Retirement Board
New Mexico
$967K
VCA
169
Verdence Capital Advisors
Maryland
$966K +$284K +1,302 +45%
IG
170
ING Group
Netherlands
$898K
Truist Financial
171
Truist Financial
North Carolina
$895K +$55.1K +253 +7%
AI
172
Atria Investments
North Carolina
$882K +$38.8K +178 +5%
PWG
173
Portside Wealth Group
Utah
$882K +$66.9K +307 +9%
NG
174
Norden Group
Utah
$875K +$21.8K +100 +3%
NPT
175
National Philanthropic Trust
Pennsylvania
$852K

APPF Hedge Fund Activity: Q2 2025 in Review

385 of the 7,595 institutional investors tracked by Wall St. Rank reported a position in AppFolio (APPF) for Q2 2025, worth a combined $4.73B — up 7.9% from $4.39B a quarter earlier.

Buyers outnumbered sellers: 63 funds opened new APPF positions and 56 closed out — a net gain of 7 holders — while 118 added to existing stakes and 156 trimmed.

The largest buyer was Principal Financial Group, adding an estimated $93.9M. The largest seller was Fidelity Investments, cutting an estimated $59.2M.

  • 385 institutional investors held AppFolio (APPF) as of Q2 2025, up from 381 in Q1 2025.
  • Funds reported $4.73B of AppFolio stock for Q2 2025, up 7.9% quarter-over-quarter.
  • 63 funds opened new AppFolio positions in Q2 2025 and 56 closed out, a net change of +7 holders.
  • The largest AppFolio buyer in Q2 2025 was Principal Financial Group, an estimated $93.9M added.
  • The largest AppFolio seller in Q2 2025 was Fidelity Investments, an estimated $59.2M sold.

Based on aggregated 13F filings for Q2 2025.