AppFolio
APPF
45 hedge funds and large institutions have $70.1M invested in AppFolio in 2015 Q3 according to their latest regulatory filings, with 27 funds opening new positions, 9 increasing their positions, 6 reducing their positions, and 11 closing their positions.
145% more first-time investments, than exits
New positions opened: 27 | Existing positions closed: 11
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
50% more funds holding
Funds holding: 30 → 45 (+15)
50% more repeat investments, than reductions
Existing positions increased: 9 | Existing positions reduced: 6
31% more capital invested
Capital invested by funds: $53.3M → $70.1M (+$16.8M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PC
Pier Capital
Stamford,
Connecticut
|
+$3.06M |
| 2 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
+$2.4M |
| 3 |
CS
Credit Suisse
Zurich,
Switzerland
|
+$1.86M |
| 4 |
BIT
BlackRock Institutional Trust
San Francisco,
California
|
+$1.62M |
| 5 |
Vanguard Group
Malvern,
Pennsylvania
|
+$1.09M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BCM
BlueMar Capital Management
Miami,
Florida
|
-$1.62M |
| 2 |
TCM
TimesSquare Capital Management
New York
|
-$1.46M |
| 3 |
Alyeska Investment Group
Chicago,
Illinois
|
-$1.41M |
| 4 |
DCM
Driehaus Capital Management
Chicago,
Illinois
|
-$1.41M |
| 5 |
JP Morgan Chase
New York
|
-$1.4M |
APPF Hedge Fund Activity: Q3 2015 in Review
45 of the 3,590 institutional investors tracked by Wall St. Rank reported a position in AppFolio (APPF) for Q3 2015, worth a combined $70.1M — up 31% from $53.3M a quarter earlier.
Buyers outnumbered sellers: 27 funds opened new APPF positions and 11 closed out — a net gain of 16 holders — while 9 added to existing stakes and 6 trimmed.
The largest buyer was Pier Capital, opening a new position worth an estimated $3.06M. The largest seller was BlueMar Capital Management, exiting entirely with an estimated $1.62M sold.
- 45 institutional investors held AppFolio (APPF) as of Q3 2015, up from 30 in Q2 2015.
- Funds reported $70.1M of AppFolio stock for Q3 2015, up 31% quarter-over-quarter.
- 27 funds opened new AppFolio positions in Q3 2015 and 11 closed out, a net change of +16 holders.
- The largest AppFolio buyer in Q3 2015 was Pier Capital, an estimated $3.06M added.
- The largest AppFolio seller in Q3 2015 was BlueMar Capital Management, an estimated $1.62M sold.
Based on aggregated 13F filings for Q3 2015.