AppFolio
APPF
33 hedge funds and large institutions have $57.1M invested in AppFolio in 2016 Q1 according to their latest regulatory filings, with 5 funds opening new positions, 13 increasing their positions, 13 reducing their positions, and 16 closing their positions.
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
0% more repeat investments, than reductions
Existing positions increased: 13 | Existing positions reduced: 13
15% less capital invested
Capital invested by funds: $67.5M → $57.1M (-$10.4M)
25% less funds holding
Funds holding: 44 → 33 (-11)
69% less first-time investments, than exits
New positions opened: 5 | Existing positions closed: 16
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
DIG
Dragoneer Investment Group
San Francisco,
California
|
+$10.9M |
| 2 |
SM
SCGE Management
Menlo Park,
California
|
+$2.89M |
| 3 |
Wells Fargo
San Francisco,
California
|
+$1.16M |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
+$376K |
| 5 |
Goldman Sachs
New York
|
+$278K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TCM
TimesSquare Capital Management
New York
|
-$5.11M |
| 2 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
-$3.49M |
| 3 |
PC
Pier Capital
Stamford,
Connecticut
|
-$2.71M |
| 4 |
Principal Financial Group
Des Moines,
Iowa
|
-$2.15M |
| 5 |
NIP
Nicholas Investment Partners
Rancho Santa Fe,
California
|
-$1.67M |
APPF Hedge Fund Activity: Q1 2016 in Review
33 of the 3,767 institutional investors tracked by Wall St. Rank reported a position in AppFolio (APPF) for Q1 2016, worth a combined $57.1M — down 15% from $67.5M a quarter earlier.
Sellers outnumbered buyers: 16 funds closed out of APPF and 5 opened new positions — a net loss of 11 holders — while 13 trimmed existing stakes and 13 added.
The largest buyer was Dragoneer Investment Group, adding an estimated $10.9M. The largest seller was TimesSquare Capital Management, exiting entirely with an estimated $5.11M sold.
- 33 institutional investors held AppFolio (APPF) as of Q1 2016, down from 44 in Q4 2015.
- Funds reported $57.1M of AppFolio stock for Q1 2016, down 15% quarter-over-quarter.
- 5 funds opened new AppFolio positions in Q1 2016 and 16 closed out, a net change of -11 holders.
- The largest AppFolio buyer in Q1 2016 was Dragoneer Investment Group, an estimated $10.9M added.
- The largest AppFolio seller in Q1 2016 was TimesSquare Capital Management, an estimated $5.11M sold.
Based on aggregated 13F filings for Q1 2016.