AppFolio
APPF
294 hedge funds and large institutions have $3.01B invested in AppFolio in 2023 Q4 according to their latest regulatory filings, with 71 funds opening new positions, 110 increasing their positions, 83 reducing their positions, and 19 closing their positions.
274% more first-time investments, than exits
New positions opened: 71 | Existing positions closed: 19
33% more repeat investments, than reductions
Existing positions increased: 110 | Existing positions reduced: 83
20% more funds holding
Funds holding: 245 → 294 (+49)
1.64% more ownership
Funds ownership: 78.66% → 80.3% (+1.6%)
0% more capital invested
Capital invested by funds: $3.01B → $3.01B (+$3.39M)
0% more funds holding in top 10
Funds holding in top 10: 8 → 8 (0)
15% less call options, than puts
Call options by funds: $18.9M | Put options by funds: $22.2M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
+$30.2M |
| 2 |
Morgan Stanley
New York
|
+$26.1M |
| 3 |
BlackRock
New York
|
+$22.9M |
| 4 |
DCM
Driehaus Capital Management
Chicago,
Illinois
|
+$20.6M |
| 5 |
Wellington Management Group
Boston,
Massachusetts
|
+$20.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ESCM
Echo Street Capital Management
New York
|
-$158M |
| 2 |
BCM
Brown Capital Management
Baltimore,
Maryland
|
-$42.2M |
| 3 |
ACM
Ashe Capital Management
Englewood Cliffs,
New Jersey
|
-$35.9M |
| 4 |
1WCM
12 West Capital Management
New York
|
-$32.8M |
| 5 |
DIGDR
Dynamo Internacional Gestao de Recursos
Rio De Janeiro,
Brazil
|
-$26.6M |
APPF Hedge Fund Activity: Q4 2023 in Review
294 of the 6,869 institutional investors tracked by Wall St. Rank reported a position in AppFolio (APPF) for Q4 2023, worth a combined $3.01B — up 0.11% from $3.01B a quarter earlier.
Buyers outnumbered sellers: 71 funds opened new APPF positions and 19 closed out — a net gain of 52 holders — while 110 added to existing stakes and 83 trimmed.
The largest buyer was Millennium Management, adding an estimated $30.2M. The largest seller was Echo Street Capital Management, exiting entirely with an estimated $158M sold.
- 294 institutional investors held AppFolio (APPF) as of Q4 2023, up from 245 in Q3 2023.
- Funds reported $3.01B of AppFolio stock for Q4 2023, up 0.11% quarter-over-quarter.
- 71 funds opened new AppFolio positions in Q4 2023 and 19 closed out, a net change of +52 holders.
- The largest AppFolio buyer in Q4 2023 was Millennium Management, an estimated $30.2M added.
- The largest AppFolio seller in Q4 2023 was Echo Street Capital Management, an estimated $158M sold.
Based on aggregated 13F filings for Q4 2023.