AppFolio
APPF
146 hedge funds and large institutions have $1.15B invested in AppFolio in 2019 Q2 according to their latest regulatory filings, with 32 funds opening new positions, 31 increasing their positions, 58 reducing their positions, and 16 closing their positions.
100% more first-time investments, than exits
New positions opened: 32 | Existing positions closed: 16
67% more funds holding in top 10
Funds holding in top 10: 3 → 5 (+2)
36% more capital invested
Capital invested by funds: $843M → $1.15B (+$304M)
11% more call options, than puts
Call options by funds: $7.23M | Put options by funds: $6.5M
10% more funds holding
Funds holding: 133 → 146 (+13)
3.22% more ownership
Funds ownership: 67.1% → 70.32% (+3.2%)
47% less repeat investments, than reductions
Existing positions increased: 31 | Existing positions reduced: 58
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BCM
Brown Capital Management
Baltimore,
Maryland
|
+$87.8M |
| 2 |
GGHC
Gilder Gagnon Howe & Co
New York
|
+$21.6M |
| 3 |
First Trust Advisors
Wheaton,
Illinois
|
+$21.2M |
| 4 |
New York State Common Retirement Fund
Albany,
New York
|
+$11.1M |
| 5 |
EAM
Eagle Asset Management
St Petersburg,
Florida
|
+$9.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Vanguard Group
Malvern,
Pennsylvania
|
-$24.4M |
| 2 |
Morgan Stanley
New York
|
-$17.1M |
| 3 |
Renaissance Technologies
New York
|
-$11.4M |
| 4 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$5.82M |
| 5 |
ESCM
Echo Street Capital Management
New York
|
-$5.77M |
APPF Hedge Fund Activity: Q2 2019 in Review
146 of the 4,625 institutional investors tracked by Wall St. Rank reported a position in AppFolio (APPF) for Q2 2019, worth a combined $1.15B — up 36% from $843M a quarter earlier.
Buyers outnumbered sellers: 32 funds opened new APPF positions and 16 closed out — a net gain of 16 holders — while 31 added to existing stakes and 58 trimmed.
The largest buyer was Brown Capital Management, opening a new position worth an estimated $87.8M. The largest seller was Vanguard Group, cutting an estimated $24.4M.
- 146 institutional investors held AppFolio (APPF) as of Q2 2019, up from 133 in Q1 2019.
- Funds reported $1.15B of AppFolio stock for Q2 2019, up 36% quarter-over-quarter.
- 32 funds opened new AppFolio positions in Q2 2019 and 16 closed out, a net change of +16 holders.
- The largest AppFolio buyer in Q2 2019 was Brown Capital Management, an estimated $87.8M added.
- The largest AppFolio seller in Q2 2019 was Vanguard Group, an estimated $24.4M sold.
Based on aggregated 13F filings for Q2 2019.