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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
BHCM
176
Brevan Howard Capital Management
Jersey
$848K +$802K +3,681 New
M1FG
177
Mach-1 Financial Group
Arkansas
$803K +$760K +3,488 New
IFA
178
Index Fund Advisors
California
$777K +$735K +3,373 New
Pictet Asset Management
179
Pictet Asset Management
Switzerland
$774K -$17.9K -82 -2%
AWF
180
Alpha Wealth Funds
Utah
$773K -$131K -600 -15%
VA
181
Vident Advisory
Georgia
$741K +$90.5K +415 +15%
Bank of Montreal
182
Bank of Montreal
Ontario, Canada
$739K -$92.6K -425 -12%
P
183
&Partners
Tennessee
$735K +$73.7K +338 +12%
CFMC
184
Curbstone Financial Management Corp
New Hampshire
$712K +$54.5K +250 +9%
DCM
185
DGS Capital Management
New Jersey
$699K +$3.92K +18 +0.6%
Allianz Asset Management
186
Allianz Asset Management
Germany
$674K -$572K -2,626 -47%
NAM
187
NorthCrest Asset Manangement
Minnesota
$666K -$383K -1,757 -38%
UWS
188
Unique Wealth Strategies
Illinois
$639K +$57.8K +265 +11%
ET
189
Entropy Technologies
New York
$629K +$595K +2,730 New
CFO
190
Callan Family Office
Pennsylvania
$626K +$593K +2,720 New
AAM
191
AMI Asset Management
California
$626K -$504K -2,314 -46%
EP
192
Edgestream Partners
New Jersey
$610K -$2.51M -11,533 -81%
SOADOR
193
State of Alaska Department of Revenue
Alaska
$597K -$27.2K -125 -5%
HighTower Advisors
194
HighTower Advisors
Illinois
$588K -$72.1K -331 -11%
Baird Financial Group
195
Baird Financial Group
Wisconsin
$583K +$74.8K +343 +16%
LI
196
LVZ Inc
Michigan
$562K +$1.09K +5 +0.2%
Lazard Asset Management
197
Lazard Asset Management
New York
$557K -$3.7M -16,971 -87%
VPIM
198
Vanguard Personalized Indexing Management
California
$550K -$44.2K -203 -8%
IFU
199
iSAM Funds (UK)
United Kingdom
$549K +$520K +2,385 New
N
200
Natixis
France
$546K +$16.1K +74 +3%

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.