AppFolio
APPF
188 hedge funds and large institutions have $1.66B invested in AppFolio in 2022 Q4 according to their latest regulatory filings, with 47 funds opening new positions, 64 increasing their positions, 53 reducing their positions, and 20 closing their positions.
533% more call options, than puts
Call options by funds: $5.67M | Put options by funds: $896K
135% more first-time investments, than exits
New positions opened: 47 | Existing positions closed: 20
21% more repeat investments, than reductions
Existing positions increased: 64 | Existing positions reduced: 53
15% more funds holding
Funds holding: 163 → 188 (+25)
14% more funds holding in top 10
Funds holding in top 10: 7 → 8 (+1)
2% less capital invested
Capital invested by funds: $1.7B → $1.66B (-$42.2M)
2.28% less ownership
Funds ownership: 79.97% → 77.69% (-2.3%)
Top Buyers
| 1 |
FAM
Fred Alger Management
New York
|
+$47.7M |
| 2 |
BlackRock
New York
|
+$23.7M |
| 3 |
ESCM
Echo Street Capital Management
New York
|
+$17.9M |
| 4 |
DDC
DF Dent & Co
Baltimore,
Maryland
|
+$17.7M |
| 5 |
SRFM
Shannon River Fund Management
New York
|
+$13.4M |
Top Sellers
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
IAA
201
Independent Advisor Alliance
Charlotte,
North Carolina
| – | -$260K | -2,479 | Closed |
|
|
E
202
Ergoteles
New York
| – | -$251K | -2,400 | Closed |
|
|
CWM
203
Castle Wealth Management
West Palm Beach,
Florida
| – | -$64K | -615 | Closed |
|
|
HL
204
Harding Loevner
Bridgewater,
New Jersey
| – | -$14K | -138 | Closed |
|
205
Macquarie Group
Sydney, NSW 2000,
Australia
| – | -$34K | -113 | Closed |
|
|
PAI
206
Pittenger & Anderson Inc
Lincoin,
Nebraska
| – | -$3K | -29 | Closed |
|
APPF Hedge Fund Activity: Q4 2022 in Review
188 of the 6,221 institutional investors tracked by Wall St. Rank reported a position in AppFolio (APPF) for Q4 2022, worth a combined $1.66B — down 2.5% from $1.7B a quarter earlier.
Buyers outnumbered sellers: 47 funds opened new APPF positions and 20 closed out — a net gain of 27 holders — while 64 added to existing stakes and 53 trimmed.
The largest buyer was Fred Alger Management, adding an estimated $47.7M. The largest seller was Brown Capital Management, cutting an estimated $39.5M.
- 188 institutional investors held AppFolio (APPF) as of Q4 2022, up from 163 in Q3 2022.
- Funds reported $1.66B of AppFolio stock for Q4 2022, down 2.5% quarter-over-quarter.
- 47 funds opened new AppFolio positions in Q4 2022 and 20 closed out, a net change of +27 holders.
- The largest AppFolio buyer in Q4 2022 was Fred Alger Management, an estimated $47.7M added.
- The largest AppFolio seller in Q4 2022 was Brown Capital Management, an estimated $39.5M sold.
Based on aggregated 13F filings for Q4 2022.