AppFolio
APPF
366 hedge funds and large institutions have $4.86B invested in AppFolio in 2024 Q1 according to their latest regulatory filings, with 116 funds opening new positions, 120 increasing their positions, 94 reducing their positions, and 41 closing their positions.
183% more first-time investments, than exits
New positions opened: 116 | Existing positions closed: 41
61% more capital invested
Capital invested by funds: $3.01B → $4.86B (+$1.84B)
28% more repeat investments, than reductions
Existing positions increased: 120 | Existing positions reduced: 94
24% more funds holding
Funds holding: 294 → 366 (+72)
13% more funds holding in top 10
Funds holding in top 10: 8 → 9 (+1)
10.2% more ownership
Funds ownership: 80.3% → 90.5% (+10%)
7% more call options, than puts
Call options by funds: $37M | Put options by funds: $34.4M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$197M |
| 2 |
State Street
Boston,
Massachusetts
|
+$55.8M |
| 3 |
Invesco
Atlanta,
Georgia
|
+$41.1M |
| 4 |
T. Rowe Price Investment Management
Baltimore,
Maryland
|
+$40.4M |
| 5 |
Baird Financial Group
Milwaukee,
Wisconsin
|
+$38M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BCM
Brown Capital Management
Baltimore,
Maryland
|
-$97M |
| 2 |
DCM
Driehaus Capital Management
Chicago,
Illinois
|
-$18.1M |
| 3 |
Qube Research & Technologies (QRT)
London,
United Kingdom
|
-$16M |
| 4 |
Jacobs Levy Equity Management
Florham Park,
New Jersey
|
-$14.7M |
| 5 |
FAM
Fred Alger Management
New York
|
-$14.7M |
APPF Hedge Fund Activity: Q1 2024 in Review
366 of the 6,958 institutional investors tracked by Wall St. Rank reported a position in AppFolio (APPF) for Q1 2024, worth a combined $4.86B — up 61% from $3.01B a quarter earlier.
Buyers outnumbered sellers: 116 funds opened new APPF positions and 41 closed out — a net gain of 75 holders — while 120 added to existing stakes and 94 trimmed.
The largest buyer was BlackRock, adding an estimated $197M. The largest seller was Brown Capital Management, cutting an estimated $97M.
- 366 institutional investors held AppFolio (APPF) as of Q1 2024, up from 294 in Q4 2023.
- Funds reported $4.86B of AppFolio stock for Q1 2024, up 61% quarter-over-quarter.
- 116 funds opened new AppFolio positions in Q1 2024 and 41 closed out, a net change of +75 holders.
- The largest AppFolio buyer in Q1 2024 was BlackRock, an estimated $197M added.
- The largest AppFolio seller in Q1 2024 was Brown Capital Management, an estimated $97M sold.
Based on aggregated 13F filings for Q1 2024.