AppFolio
APPF
162 hedge funds and large institutions have $1.7B invested in AppFolio in 2022 Q3 according to their latest regulatory filings, with 23 funds opening new positions, 47 increasing their positions, 60 reducing their positions, and 16 closing their positions.
44% more first-time investments, than exits
New positions opened: 23 | Existing positions closed: 16
40% more funds holding in top 10
Funds holding in top 10: 5 → 7 (+2)
16% more capital invested
Capital invested by funds: $1.46B → $1.7B (+$238M)
5% more funds holding
Funds holding: 155 → 162 (+7)
0.2% less ownership
Funds ownership: 80.15% → 79.95% (-0.2%)
20% less call options, than puts
Call options by funds: $2.96M | Put options by funds: $3.69M
22% less repeat investments, than reductions
Existing positions increased: 47 | Existing positions reduced: 60
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ESCM
Echo Street Capital Management
New York
|
+$22.6M |
| 2 |
1WCM
12 West Capital Management
New York
|
+$22.3M |
| 3 |
LPP
Long Path Partners
Stamford,
Connecticut
|
+$17.7M |
| 4 |
FAM
Fred Alger Management
New York
|
+$7M |
| 5 |
BAAM
Baker Avenue Asset Management
San Francisco,
California
|
+$2.64M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Capital Research Global Investors
Los Angeles,
California
|
-$14.9M |
| 2 |
SGM
Skye Global Management
West Palm Beach,
Florida
|
-$14.9M |
| 3 |
LWM
Long Walk Management
Greenwich,
Connecticut
|
-$11.4M |
| 4 |
DIGDR
Dynamo Internacional Gestao de Recursos
Rio De Janeiro,
Brazil
|
-$10M |
| 5 |
Goldman Sachs
New York
|
-$4.31M |
APPF Hedge Fund Activity: Q3 2022 in Review
162 of the 5,828 institutional investors tracked by Wall St. Rank reported a position in AppFolio (APPF) for Q3 2022, worth a combined $1.7B — up 16% from $1.46B a quarter earlier.
Buyers outnumbered sellers: 23 funds opened new APPF positions and 16 closed out — a net gain of 7 holders — while 47 added to existing stakes and 60 trimmed.
The largest buyer was Echo Street Capital Management, adding an estimated $22.6M. The largest seller was Capital Research Global Investors, cutting an estimated $14.9M.
- 162 institutional investors held AppFolio (APPF) as of Q3 2022, up from 155 in Q2 2022.
- Funds reported $1.7B of AppFolio stock for Q3 2022, up 16% quarter-over-quarter.
- 23 funds opened new AppFolio positions in Q3 2022 and 16 closed out, a net change of +7 holders.
- The largest AppFolio buyer in Q3 2022 was Echo Street Capital Management, an estimated $22.6M added.
- The largest AppFolio seller in Q3 2022 was Capital Research Global Investors, an estimated $14.9M sold.
Based on aggregated 13F filings for Q3 2022.