AppFolio
APPF
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.
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: 160 → 182 (+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 (-$232M)
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: 4 → 2 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
DIGDR
Dynamo Internacional Gestao de Recursos
Rio De Janeiro,
Brazil
|
+$28.7M |
| 2 |
CCM
CAAS Capital Management
New York
|
+$24M |
| 3 |
Morgan Stanley
New York
|
+$18.7M |
| 4 |
BlackRock
New York
|
+$17.3M |
| 5 |
Norges Bank
Oslo,
Norway
|
+$17.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GIP
Granite Investment Partners
El Segundo,
California
|
-$29.1M |
| 2 |
Jennison Associates
New York
|
-$14.3M |
| 3 |
ESCM
Echo Street Capital Management
New York
|
-$14.2M |
| 4 |
Northern Trust
Chicago,
Illinois
|
-$7.96M |
| 5 |
Invesco
Atlanta,
Georgia
|
-$7.46M |
APPF Hedge Fund Activity: Q3 2020 in Review
182 of the 4,970 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.