AppFolio
APPF
31 hedge funds and large institutions have $64.7M invested in AppFolio in 2016 Q2 according to their latest regulatory filings, with 5 funds opening new positions, 21 increasing their positions, 3 reducing their positions, and 7 closing their positions.
600% more repeat investments, than reductions
Existing positions increased: 21 | Existing positions reduced: 3
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
1.63% less ownership
Funds ownership: 40.31% → 38.68% (-1.6%)
6% less funds holding
Funds holding: 33 → 31 (-2)
15% less capital inflows, than outflows
Capital inflows: $8.89M | Capital outflows: $10.5M
29% less first-time investments, than exits
New positions opened: 5 | Existing positions closed: 7
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Dragoneer Investment Group
San Francisco,
California
|
+$4.87M |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
+$1.3M |
| 3 |
BlackRock Fund Advisors
San Francisco,
California
|
+$690K |
| 4 |
Northern Trust
Chicago,
Illinois
|
+$579K |
| 5 |
D.E. Shaw & Co
New York
|
+$204K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCGE Management
Menlo Park,
California
|
-$9.13M |
| 2 |
GSA Capital Partners
London,
United Kingdom
|
-$450K |
| 3 |
Goldman Sachs
New York
|
-$267K |
| 4 |
Millennium Management
New York
|
-$224K |
| 5 |
William Blair & Company
Chicago,
Illinois
|
-$169K |
APPF Hedge Fund Activity: Q2 2016 in Review
31 of the 3,756 institutional investors tracked by Wall St. Rank reported a position in AppFolio (APPF) for Q2 2016, worth a combined $64.7M — up 13% from $57.1M a quarter earlier.
Sellers outnumbered buyers: 7 funds closed out of APPF and 5 opened new positions — a net loss of 2 holders — while 3 trimmed existing stakes and 21 added.
The largest buyer was Dragoneer Investment Group, adding an estimated $4.87M. The largest seller was SCGE Management, exiting entirely with an estimated $9.13M sold.
- 31 institutional investors held AppFolio (APPF) as of Q2 2016, down from 33 in Q1 2016.
- Funds reported $64.7M of AppFolio stock for Q2 2016, up 13% quarter-over-quarter.
- 5 funds opened new AppFolio positions in Q2 2016 and 7 closed out, a net change of -2 holders.
- The largest AppFolio buyer in Q2 2016 was Dragoneer Investment Group, an estimated $4.87M added.
- The largest AppFolio seller in Q2 2016 was SCGE Management, an estimated $9.13M sold.
Based on aggregated 13F filings for Q2 2016.