AppFolio
APPF
43 hedge funds and large institutions have $152M invested in AppFolio in 2017 Q1 according to their latest regulatory filings, with 12 funds opening new positions, 18 increasing their positions, 10 reducing their positions, and 3 closing their positions.
300% more first-time investments, than exits
New positions opened: 12 | Existing positions closed: 3
80% more repeat investments, than reductions
Existing positions increased: 18 | Existing positions reduced: 10
50% more funds holding in top 10
Funds holding in top 10: 2 → 3 (+1)
27% more capital invested
Capital invested by funds: $119M → $152M (+$32.7M)
13% more funds holding
Funds holding: 38 → 43 (+5)
4.68% more ownership
Funds ownership: 43.15% → 47.83% (+4.7%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ACM
Ashe Capital Management
Englewood Cliffs,
New Jersey
|
+$21.6M |
| 2 |
BlackRock
New York
|
+$8.84M |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
+$1.86M |
| 4 |
DIG
Dragoneer Investment Group
San Francisco,
California
|
+$1.59M |
| 5 |
Two Sigma Investments
New York
|
+$709K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WEO
William E. Oberndorf
|
-$12.9M |
| 2 |
LCM
Laurion Capital Management
New York
|
-$352K |
| 3 |
Morgan Stanley
New York
|
-$284K |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$265K |
| 5 |
Citigroup
New York
|
-$154K |
APPF Hedge Fund Activity: Q1 2017 in Review
43 of the 4,034 institutional investors tracked by Wall St. Rank reported a position in AppFolio (APPF) for Q1 2017, worth a combined $152M — up 27% from $119M a quarter earlier.
Buyers outnumbered sellers: 12 funds opened new APPF positions and 3 closed out — a net gain of 9 holders — while 18 added to existing stakes and 10 trimmed.
The largest buyer was Ashe Capital Management, adding an estimated $21.6M. The largest seller was William E. Oberndorf, cutting an estimated $12.9M.
- 43 institutional investors held AppFolio (APPF) as of Q1 2017, up from 38 in Q4 2016.
- Funds reported $152M of AppFolio stock for Q1 2017, up 27% quarter-over-quarter.
- 12 funds opened new AppFolio positions in Q1 2017 and 3 closed out, a net change of +9 holders.
- The largest AppFolio buyer in Q1 2017 was Ashe Capital Management, an estimated $21.6M added.
- The largest AppFolio seller in Q1 2017 was William E. Oberndorf, an estimated $12.9M sold.
Based on aggregated 13F filings for Q1 2017.