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AppFolio

144 hedge funds and large institutions have $1.46B invested in AppFolio in 2020 Q1 according to their latest regulatory filings, with 36 funds opening new positions, 43 increasing their positions, 49 reducing their positions, and 17 closing their positions.

New
Increased
Maintained
Reduced
Closed

577% more call options, than puts

Call options by funds: $10.7M | Put options by funds: $1.58M

112% more first-time investments, than exits

New positions opened: 36 | Existing positions closed: 17

67% more funds holding in top 10

Funds holding in top 10: 35 (+2)

13% more funds holding

Funds holding: 128144 (+16)

1.6% more ownership

Funds ownership: 77.72%79.33% (+1.6%)

4% more capital invested

Capital invested by funds: $1.4B → $1.46B (+$58.6M)

12% less repeat investments, than reductions

Existing positions increased: 43 | Existing positions reduced: 49

Holders
144
Holders Change
+16
Holders Change %
+12.5%
% of All Funds
3.17%
Holding in Top 10
5
Holding in Top 10 Change
+2
Holding in Top 10 Change %
+66.67%
% of All Funds
0.11%
New
36
Increased
43
Reduced
49
Closed
17
Calls
$10.7M
Puts
$1.58M
Net Calls
+$9.12M
Net Calls Change
+$1.05M
Name Holding Trade Value Shares
Change
Change in
Stake
BCM
1
Brown Capital Management
Maryland
$202M +$22.9M +192,099 +12%
ACM
2
Ashe Capital Management
New Jersey
$199M +$19.2M +161,175 +10%
Vanguard Group
3
Vanguard Group
Pennsylvania
$169M +$4.51M +37,794 +3%
BlackRock
4
BlackRock
New York
$122M -$1.51M -12,657 -1%
Capital Research Global Investors
5
Capital Research Global Investors
California
$106M -$1.55M -13,012 -1%
WEO
6
William E. Oberndorf
$105M -$2.24M -18,774 -2%
GGHC
7
Gilder Gagnon Howe & Co
New York
$53.1M -$593K -4,970 -1%
State Street
8
State Street
Massachusetts
$37.4M -$200K -1,676 -0.5%
ESCM
9
Echo Street Capital Management
New York
$33.5M -$12M -100,253 -25%
Dimensional Fund Advisors
10
Dimensional Fund Advisors
Texas
$31.9M +$519K +4,351 +2%
New York State Common Retirement Fund
11
New York State Common Retirement Fund
New York
$30.4M +$4.46M +37,387 +16%
Northern Trust
12
Northern Trust
Illinois
$28.2M +$122K +1,026 +0.4%
Geode Capital Management
13
Geode Capital Management
Massachusetts
$25.7M +$2.93M +24,597 +12%
GIP
14
Granite Investment Partners
California
$24M -$4.72M -39,582 -15%
First Trust Advisors
15
First Trust Advisors
Illinois
$23.8M +$1.32M +11,091 +5%
Morgan Stanley
16
Morgan Stanley
New York
$20.4M +$4.81M +40,357 +28%
GCM
17
Glynn Capital Management
California
$19.2M -$965K -8,090 -4%
Jennison Associates
18
Jennison Associates
New York
$16.5M +$3.42M +28,656 +24%
RIM
19
Ranger Investment Management
Texas
$12.9M -$5.33M -44,649 -28%
EAM
20
Eagle Asset Management
Florida
$11M -$234K -1,963 -2%
DM
21
Diker Management
New York
$10.4M +$11.2M +93,540 New
Charles Schwab
22
Charles Schwab
California
$10.3M -$357K -2,989 -3%
GC
23
Gobi Capital
California
$9.94M +$10.7M +89,585 New
William Blair & Company
24
William Blair & Company
Illinois
$9.73M +$76K +637 +0.7%
Bank of New York Mellon
25
Bank of New York Mellon
New York
$8.58M +$14K +117 +0.2%

APPF Hedge Fund Activity: Q1 2020 in Review

144 of the 4,538 institutional investors tracked by Wall St. Rank reported a position in AppFolio (APPF) for Q1 2020, worth a combined $1.46B — up 4.2% from $1.4B a quarter earlier.

Buyers outnumbered sellers: 36 funds opened new APPF positions and 17 closed out — a net gain of 19 holders — while 43 added to existing stakes and 49 trimmed.

The largest buyer was Brown Capital Management, adding an estimated $22.9M. The largest seller was Brown Advisory, exiting entirely with an estimated $21.1M sold.

  • 144 institutional investors held AppFolio (APPF) as of Q1 2020, up from 128 in Q4 2019.
  • Funds reported $1.46B of AppFolio stock for Q1 2020, up 4.2% quarter-over-quarter.
  • 36 funds opened new AppFolio positions in Q1 2020 and 17 closed out, a net change of +19 holders.
  • The largest AppFolio buyer in Q1 2020 was Brown Capital Management, an estimated $22.9M added.
  • The largest AppFolio seller in Q1 2020 was Brown Advisory, an estimated $21.1M sold.

Based on aggregated 13F filings for Q1 2020.