AppFolio
APPF
44 hedge funds and large institutions have $67.5M invested in AppFolio in 2015 Q4 according to their latest regulatory filings, with 6 funds opening new positions, 18 increasing their positions, 14 reducing their positions, and 7 closing their positions.
29% more repeat investments, than reductions
Existing positions increased: 18 | Existing positions reduced: 14
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
4% less capital invested
Capital invested by funds: $70.1M → $67.5M (-$2.61M)
2% less funds holding
Funds holding: 45 → 44 (-1)
14% less first-time investments, than exits
New positions opened: 6 | Existing positions closed: 7
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WEO
William E. Oberndorf
|
+$11.2M |
| 2 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
+$4.01M |
| 3 |
Northern Trust
Chicago,
Illinois
|
+$659K |
| 4 |
NIP
Nicholas Investment Partners
Rancho Santa Fe,
California
|
+$618K |
| 5 |
GCP
GSA Capital Partners
London,
United Kingdom
|
+$315K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SM
SCGE Management
Menlo Park,
California
|
-$3.03M |
| 2 |
CS
Credit Suisse
Zurich,
Switzerland
|
-$1.94M |
| 3 |
TCM
TimesSquare Capital Management
New York
|
-$1M |
| 4 |
KCM
Kornitzer Capital Management
Shawnee Mission,
Kansas
|
-$763K |
| 5 |
Morgan Stanley
New York
|
-$740K |
APPF Hedge Fund Activity: Q4 2015 in Review
44 of the 3,824 institutional investors tracked by Wall St. Rank reported a position in AppFolio (APPF) for Q4 2015, worth a combined $67.5M — down 3.7% from $70.1M a quarter earlier.
Sellers outnumbered buyers: 7 funds closed out of APPF and 6 opened new positions — a net loss of 1 holder — while 14 trimmed existing stakes and 18 added.
The largest buyer was William E. Oberndorf, adding an estimated $11.2M. The largest seller was SCGE Management, cutting an estimated $3.03M.
- 44 institutional investors held AppFolio (APPF) as of Q4 2015, down from 45 in Q3 2015.
- Funds reported $67.5M of AppFolio stock for Q4 2015, down 3.7% quarter-over-quarter.
- 6 funds opened new AppFolio positions in Q4 2015 and 7 closed out, a net change of -1 holder.
- The largest AppFolio buyer in Q4 2015 was William E. Oberndorf, an estimated $11.2M added.
- The largest AppFolio seller in Q4 2015 was SCGE Management, an estimated $3.03M sold.
Based on aggregated 13F filings for Q4 2015.