APPF
AppFolio Inc. · Technology · Software - Application
Momentum inputs (comparable managers): holder breadth 0.0% · share flow +3.5% · net new positions -5.3% — formula
All ownership figures: tracked 13F managers only, common-stock positions, reporting period Q3 2025
| Quarter | Holders | Δ | Shares | Reported value | New | Exits |
|---|---|---|---|---|---|---|
| Q2 2026 | 107 | -3 | 14.12M | $2.26B | +6 | −9 |
| Q1 2026 | 113 | -1 | 12.87M | $2.03B | +4 | −6 |
| Q4 2025 | 115 | 0 | 14.49M | $3.37B | +1 | — |
| Q3 2025 | 19 | 0 | 8.29M | $2.29B | +2 | −3 |
| Q2 2025 | 17 | 0 | 7.78M | $1.79B | +1 | −1 |
| Q1 2025 | 14 | +1 | 2.41M | $529.19M | +1 | — |
| Q4 2024 | 13 | 0 | 2.88M | $710.60M | +1 | −1 |
| Q3 2024 | 12 | -2 | 1.87M | $439.76M | +1 | −3 |
| Q2 2024 | 14 | — | 1.51M | $369.27M | — | — |
| # | Manager | Shares | Δ shares | Value | Their weight | Held | ||
|---|---|---|---|---|---|---|---|---|
| 1 | The Vanguard Group ✦ (passive) | 2.46M | +2.3% | $677.85M | 0.0% | ▲ Add | 2 | SEC ↗ ×5 |
| 2 | BlackRock ✦ (passive) | 2.41M | +2.4% | $665.15M | 0.0% | ▲ Add | 2 | SEC ↗ ×17 |
| 3 | State Street Global Advisors ✦ (passive) | 678.07K | -2.0% | $186.92M | 0.0% | ▼ Trim | 4 | SEC ↗ |
| 4 | T. Rowe Price ✦ | 571.09K | +25.7% | $157.43M | 0.0% | ▲ Add | 6 | SEC ↗ ×2 |
| 5 | Fidelity (FMR) ✦ | 494.98K | -13.8% | $136.45M | 0.0% | ▼ Trim | 2 | SEC ↗ ×6 |
| 6 | Geode Capital Management ✦ (passive) | 460.90K | +5.1% | $127.07M | 0.0% | ▲ Add | 6 | SEC ↗ ×2 |
| 7 | Arrowstreet Capital ✦ | 317.41K | +8.4% | $87.50M | 0.1% | ▲ Add | 6 | SEC ↗ |
| 8 | Morgan Stanley ✦ | 244.18K | — | $67.31M | 0.0% | n/c | 1 | SEC ↗ ×11 |
| 9 | Renaissance Technologies ✦ | 164.50K | -28.2% | $45.35M | 0.1% | ▼ Trim | 6 | SEC ↗ |
| 10 | Marshall Wace ✦ | 119.54K | +108.2% | $32.95M | 0.0% | ▲ Add | 3 | SEC ↗ ×3 |
| 11 | Millennium Management ✦ | 108.87K | +108.2% | $30.01M | 0.0% | ▲ Add | 6 | SEC ↗ |
| 12 | JPMorgan Chase ✦ | 108.69K | — | $29.96M | 0.0% | n/c | 1 | SEC ↗ ×8 |
| 13 | Bridgewater Associates ✦ | 40.59K | New | $11.19M | 0.0% | New | 1 | SEC ↗ |
| 14 | Goldman Sachs Group ✦ | 32.72K | — | $9.02M | 0.0% | n/c | 1 | SEC ↗ ×3 |
| 15 | Citadel Advisors ✦ | 26.98K | +2944.8% | $7.44M | 0.0% | ▲ Add | 4 | SEC ↗ ×2 |
| 16 | AQR Capital Management ✦ | 25.83K | +202.7% | $7.12M | 0.0% | ▲ Add | 6 | SEC ↗ ×4 |
| 17 | Two Sigma Investments ✦ | 14.01K | New | $3.86M | 0.0% | New | 1 | SEC ↗ |
| 18 | D. E. Shaw & Co. ✦ | 8.26K | -39.9% | $2.28M | 0.0% | ▼ Trim | 6 | SEC ↗ ×2 |
| 19 | Gotham Asset Management ✦ | 3.58K | +91.7% | $987,414 | 0.0% | ▲ Add | 6 | SEC ↗ |
“Their weight” = the position's share of that manager's reported 13F equity value — the conviction measure. ✦ = curated manager.
New buyers
| Bridgewater Associates | $11.19M | 0.0% |
| Two Sigma Investments | $3.86M | 0.0% |
Exited
| Norges Bank | $34.42M | was 0.0% |
| Wellington Management | $10.20M | was 0.0% |
| Point72 Asset Management | $1.41M | was 0.0% |
Full-market context: across ALL 13F filers (SEC structured data, Q1 2026): 394 holders, 21.43M shares, $3.25B reported. This is a different, older period than the tracked-universe figures above and the two are never mixed.
What else this security's tracked holders most often hold — shared-ownership counts, not fundamental relationships.
Open-market purchases (P)
No open-market insider purchases in our coverage window.
Open-market sales (S)
10% owner · 62 sh · $13,897
10% owner · 94 sh · $20,907
10% owner · 1.01K sh · $223,765
10% owner · 92 sh · $19,755
10% owner · 35 sh · $7,749
10% owner · 17 sh · $3,678
10% owner · 8 sh · $1,745
10% owner · 694 sh · $155,546
10% owner · 365 sh · $80,800
10% owner · 92 sh · $20,069
Awards, exercises and tax withholding are never counted as buys or sales here. Methodology
21.2% of class · View original SEC filing ↗