AppFolio
APPF
245 hedge funds and large institutions have $3.01B invested in AppFolio in 2023 Q3 according to their latest regulatory filings, with 56 funds opening new positions, 96 increasing their positions, 57 reducing their positions, and 24 closing their positions.
259% more call options, than puts
Call options by funds: $19.9M | Put options by funds: $5.53M
133% more first-time investments, than exits
New positions opened: 56 | Existing positions closed: 24
68% more repeat investments, than reductions
Existing positions increased: 96 | Existing positions reduced: 57
14% more funds holding
Funds holding: 214 → 245 (+31)
8% more capital invested
Capital invested by funds: $2.78B → $3.01B (+$224M)
0.76% more ownership
Funds ownership: 77.9% → 78.66% (+0.76%)
0% more funds holding in top 10
Funds holding in top 10: 8 → 8 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
+$32.8M |
| 2 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$30.4M |
| 3 |
Morgan Stanley
New York
|
+$18.5M |
| 4 |
Fuller & Thaler Asset Management
San Mateo,
California
|
+$13.6M |
| 5 |
FAM
Fred Alger Management
New York
|
+$11.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ESCM
Echo Street Capital Management
New York
|
-$137M |
| 2 |
BCM
Brown Capital Management
Baltimore,
Maryland
|
-$33.3M |
| 3 |
SRFM
Shannon River Fund Management
New York
|
-$9.44M |
| 4 |
DIGDR
Dynamo Internacional Gestao de Recursos
Rio De Janeiro,
Brazil
|
-$6.66M |
| 5 |
LWM
Long Walk Management
Greenwich,
Connecticut
|
-$6.26M |
APPF Hedge Fund Activity: Q3 2023 in Review
245 of the 6,301 institutional investors tracked by Wall St. Rank reported a position in AppFolio (APPF) for Q3 2023, worth a combined $3.01B — up 8% from $2.78B a quarter earlier.
Buyers outnumbered sellers: 56 funds opened new APPF positions and 24 closed out — a net gain of 32 holders — while 96 added to existing stakes and 57 trimmed.
The largest buyer was Lord, Abbett & Co, opening a new position worth an estimated $32.8M. The largest seller was Echo Street Capital Management, cutting an estimated $137M.
- 245 institutional investors held AppFolio (APPF) as of Q3 2023, up from 214 in Q2 2023.
- Funds reported $3.01B of AppFolio stock for Q3 2023, up 8% quarter-over-quarter.
- 56 funds opened new AppFolio positions in Q3 2023 and 24 closed out, a net change of +32 holders.
- The largest AppFolio buyer in Q3 2023 was Lord, Abbett & Co, an estimated $32.8M added.
- The largest AppFolio seller in Q3 2023 was Echo Street Capital Management, an estimated $137M sold.
Based on aggregated 13F filings for Q3 2023.