AppFolio
APPF
69 hedge funds and large institutions have $231M invested in AppFolio in 2017 Q2 according to their latest regulatory filings, with 27 funds opening new positions, 29 increasing their positions, 8 reducing their positions, and 1 closing their positions.
2,600% more first-time investments, than exits
New positions opened: 27 | Existing positions closed: 1
606% more capital inflows, than outflows
Capital inflows: $49.4M | Capital outflows: $6.99M
263% more repeat investments, than reductions
Existing positions increased: 29 | Existing positions reduced: 8
60% more funds holding
Funds holding: 43 → 69 (+26)
9.79% more ownership
Funds ownership: 47.83% → 57.62% (+9.8%)
0% more funds holding in top 10
Funds holding in top 10: 3 → 3 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GCM
Glynn Capital Management
Menlo Park,
California
|
+$7.18M |
| 2 |
Laurion Capital Management
New York
|
+$6.23M |
| 3 |
Renaissance Technologies
New York
|
+$4.66M |
| 4 |
Invesco
Atlanta,
Georgia
|
+$4.17M |
| 5 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$2.49M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Dragoneer Investment Group
San Francisco,
California
|
-$6.62M |
| 2 |
D.E. Shaw & Co
New York
|
-$211K |
| 3 |
WEO
William E. Oberndorf
|
-$93.3K |
| 4 |
California State Teachers Retirement System (CalSTRS)
West Sacramento,
California
|
-$23K |
| 5 |
Bank of America
Charlotte,
North Carolina
|
-$22.5K |
APPF Hedge Fund Activity: Q2 2017 in Review
69 of the 4,023 institutional investors tracked by Wall St. Rank reported a position in AppFolio (APPF) for Q2 2017, worth a combined $231M — up 52% from $152M a quarter earlier.
Buyers outnumbered sellers: 27 funds opened new APPF positions and 1 closed out — a net gain of 26 holders — while 29 added to existing stakes and 8 trimmed.
The largest buyer was Glynn Capital Management, opening a new position worth an estimated $7.18M. The largest seller was Dragoneer Investment Group, cutting an estimated $6.62M.
- 69 institutional investors held AppFolio (APPF) as of Q2 2017, up from 43 in Q1 2017.
- Funds reported $231M of AppFolio stock for Q2 2017, up 52% quarter-over-quarter.
- 27 funds opened new AppFolio positions in Q2 2017 and 1 closed out, a net change of +26 holders.
- The largest AppFolio buyer in Q2 2017 was Glynn Capital Management, an estimated $7.18M added.
- The largest AppFolio seller in Q2 2017 was Dragoneer Investment Group, an estimated $6.62M sold.
Based on aggregated 13F filings for Q2 2017.