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AppFolio

182 hedge funds and large institutions have $2.72B invested in AppFolio in 2020 Q4 according to their latest regulatory filings, with 33 funds opening new positions, 69 increasing their positions, 49 reducing their positions, and 32 closing their positions.

New
Increased
Maintained
Reduced
Closed

200% more funds holding in top 10

Funds holding in top 10: 26 (+4)

159% more call options, than puts

Call options by funds: $18M | Put options by funds: $6.95M

41% more repeat investments, than reductions

Existing positions increased: 69 | Existing positions reduced: 49

34% more capital invested

Capital invested by funds: $2.02B → $2.72B (+$695M)

3% more first-time investments, than exits

New positions opened: 33 | Existing positions closed: 32

0% more funds holding

Funds holding: 182182 (0)

1.55% less ownership

Funds ownership: 84.92%83.37% (-1.6%)

Holders
182
Holders Change
Holders Change %
0%
% of All Funds
3.22%
Holding in Top 10
6
Holding in Top 10 Change
+4
Holding in Top 10 Change %
+200%
% of All Funds
0.11%
New
33
Increased
69
Reduced
49
Closed
32
Calls
$18M
Puts
$6.95M
Net Calls
+$11.1M
Net Calls Change
+$2.38M
Name Holding Trade Value Shares
Change
Change in
Stake
BCM
1
Brown Capital Management
Maryland
$476M +$951K +5,944 +0.2%
ACM
2
Ashe Capital Management
New Jersey
$323M
Vanguard Group
3
Vanguard Group
Pennsylvania
$274M +$27.6M +172,650 +13%
BlackRock
4
BlackRock
New York
$232M +$1.3M +8,116 +0.6%
WEO
5
William E. Oberndorf
$149M -$16.3M -101,811 -11%
Capital Research Global Investors
6
Capital Research Global Investors
California
$148M
Morgan Stanley
7
Morgan Stanley
New York
$135M +$45.9M +286,659 +62%
GGHC
8
Gilder Gagnon Howe & Co
New York
$78.9M -$1.06M -6,624 -1%
New York State Common Retirement Fund
9
New York State Common Retirement Fund
New York
$68.7M
State Street
10
State Street
Massachusetts
$63.2M +$1.4M +8,779 +3%
ESCM
11
Echo Street Capital Management
New York
$57.8M +$11.5M +71,745 +29%
First Trust Advisors
12
First Trust Advisors
Illinois
$52.5M +$4.47M +27,907 +11%
SCM
13
Steadfast Capital Management
New York
$52M +$46.2M +288,585 New
Geode Capital Management
14
Geode Capital Management
Massachusetts
$46.5M +$2.71M +16,926 +7%
DIGDR
15
Dynamo Internacional Gestao de Recursos
Brazil
$44.3M +$9.54M +59,629 +32%
Dimensional Fund Advisors
16
Dimensional Fund Advisors
Texas
$42.7M -$1.05M -6,559 -3%
Norges Bank
17
Norges Bank
Norway
$40.5M +$10.2M +63,692 +40%
Northern Trust
18
Northern Trust
Illinois
$38M -$726K -4,539 -2%
Bank of New York Mellon
19
Bank of New York Mellon
New York
$32.1M +$3.92M +24,512 +16%
RIM
20
Ranger Investment Management
Texas
$28.4M +$4.71M +29,421 +23%
Capital World Investors
21
Capital World Investors
California
$27.2M +$24.2M +151,018 New
GC
22
Gobi Capital
California
$26.6M +$742K +4,634 +3%
Charles Schwab
23
Charles Schwab
California
$19.8M +$1.17M +7,324 +7%
GCM
24
Glynn Capital Management
California
$15.8M -$1.25M -7,823 -8%
EAM
25
Eagle Asset Management
Florida
$12.3M -$398K -2,490 -4%

APPF Hedge Fund Activity: Q4 2020 in Review

182 of the 5,651 institutional investors tracked by Wall St. Rank reported a position in AppFolio (APPF) for Q4 2020, worth a combined $2.72B — up 34% from $2.02B a quarter earlier.

Buyers outnumbered sellers: 33 funds opened new APPF positions and 32 closed out — a net gain of 1 holder — while 69 added to existing stakes and 49 trimmed.

The largest buyer was Steadfast Capital Management, opening a new position worth an estimated $46.2M. The largest seller was CAAS Capital Management, exiting entirely with an estimated $22.1M sold.

  • 182 institutional investors held AppFolio (APPF) as of Q4 2020, unchanged from Q3 2020.
  • Funds reported $2.72B of AppFolio stock for Q4 2020, up 34% quarter-over-quarter.
  • 33 funds opened new AppFolio positions in Q4 2020 and 32 closed out, a net change of +1 holder.
  • The largest AppFolio buyer in Q4 2020 was Steadfast Capital Management, an estimated $46.2M added.
  • The largest AppFolio seller in Q4 2020 was CAAS Capital Management, an estimated $22.1M sold.

Based on aggregated 13F filings for Q4 2020.