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AppFolio

182 hedge funds and large institutions have $2.02B invested in AppFolio in 2020 Q3 according to their latest regulatory filings, with 40 funds opening new positions, 50 increasing their positions, 62 reducing their positions, and 18 closing their positions.

New
Increased
Maintained
Reduced
Closed

125% more call options, than puts

Call options by funds: $15.6M | Put options by funds: $6.93M

122% more first-time investments, than exits

New positions opened: 40 | Existing positions closed: 18

14% more funds holding

Funds holding: 160182 (+22)

1.89% more ownership

Funds ownership: 83.03%84.92% (+1.9%)

10% less capital invested

Capital invested by funds: $2.26B → $2.02B (-$234M)

19% less repeat investments, than reductions

Existing positions increased: 50 | Existing positions reduced: 62

50% less funds holding in top 10

Funds holding in top 10: 42 (-2)

Holders
182
Holders Change
+22
Holders Change %
+13.75%
% of All Funds
3.67%
Holding in Top 10
2
Holding in Top 10 Change
-2
Holding in Top 10 Change %
-50%
% of All Funds
0.04%
New
40
Increased
50
Reduced
62
Closed
18
Calls
$15.6M
Puts
$6.93M
Net Calls
+$8.69M
Net Calls Change
+$1.06M
Name Holding Trade Value Shares
Change
Change in
Stake
BCM
1
Brown Capital Management
Maryland
$374M +$156K +1,015 +0%
ACM
2
Ashe Capital Management
New Jersey
$254M
Vanguard Group
3
Vanguard Group
Pennsylvania
$191M -$3.56M -23,090 -2%
BlackRock
4
BlackRock
New York
$182M +$17.3M +112,602 +10%
WEO
5
William E. Oberndorf
$132M
Capital Research Global Investors
6
Capital Research Global Investors
California
$117M -$3.73M -24,200 -3%
Morgan Stanley
7
Morgan Stanley
New York
$65.3M +$18.7M +121,425 +36%
GGHC
8
Gilder Gagnon Howe & Co
New York
$63.1M -$2.06M -13,378 -3%
New York State Common Retirement Fund
9
New York State Common Retirement Fund
New York
$54.1M -$2.09M -13,562 -3%
State Street
10
State Street
Massachusetts
$48.5M -$1.34M -8,688 -2%
DIGDR
11
Dynamo Internacional Gestao de Recursos
Brazil
$39.2M +$28.7M +186,302 New
First Trust Advisors
12
First Trust Advisors
Illinois
$37.4M +$2.96M +19,231 +8%
ESCM
13
Echo Street Capital Management
New York
$35.3M -$14.2M -92,095 -27%
Dimensional Fund Advisors
14
Dimensional Fund Advisors
Texas
$34.5M -$4.39M -28,520 -10%
Geode Capital Management
15
Geode Capital Management
Massachusetts
$34.2M +$150K +972 +0.4%
Northern Trust
16
Northern Trust
Illinois
$30.6M -$7.96M -51,690 -19%
Norges Bank
17
Norges Bank
Norway
$22.9M +$17.1M +110,869 +220%
CCM
18
CAAS Capital Management
New York
$22.1M +$24M +155,592 New
Bank of New York Mellon
19
Bank of New York Mellon
New York
$21.8M +$5.6M +36,389 +31%
GC
20
Gobi Capital
California
$20.3M
RIM
21
Ranger Investment Management
Texas
$18.2M +$7.64M +49,607 +63%
Charles Schwab
22
Charles Schwab
California
$14.6M +$343K +2,230 +2%
GCM
23
Glynn Capital Management
California
$13.6M -$2.47M -16,041 -14%
EAM
24
Eagle Asset Management
Florida
$9.9M -$112K -726 -1%
William Blair & Company
25
William Blair & Company
Illinois
$9.3M -$141K -915 -1%

APPF Hedge Fund Activity: Q3 2020 in Review

182 of the 4,956 institutional investors tracked by Wall St. Rank reported a position in AppFolio (APPF) for Q3 2020, worth a combined $2.02B — down 10% from $2.26B a quarter earlier.

Buyers outnumbered sellers: 40 funds opened new APPF positions and 18 closed out — a net gain of 22 holders — while 50 added to existing stakes and 62 trimmed.

The largest buyer was Dynamo Internacional Gestao de Recursos, opening a new position worth an estimated $28.7M. The largest seller was Granite Investment Partners, cutting an estimated $29.1M.

  • 182 institutional investors held AppFolio (APPF) as of Q3 2020, up from 160 in Q2 2020.
  • Funds reported $2.02B of AppFolio stock for Q3 2020, down 10% quarter-over-quarter.
  • 40 funds opened new AppFolio positions in Q3 2020 and 18 closed out, a net change of +22 holders.
  • The largest AppFolio buyer in Q3 2020 was Dynamo Internacional Gestao de Recursos, an estimated $28.7M added.
  • The largest AppFolio seller in Q3 2020 was Granite Investment Partners, an estimated $29.1M sold.

Based on aggregated 13F filings for Q3 2020.