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Appfolio Inc

APPF
Exchange
Nasdaq
Industry
Services-Prepackaged Software
SEC CIK
0001433195

In the last 90 days, Appfolio Inc insiders filed 0 open-market purchases and 24 sales; 394 institutions reported holding it in 13F filings for Q2 2026, worth $3.78B in total; no superinvestor holds it.

13F holders, Q2 2025

Institutional positions in Appfolio Inc as of Jun 30, 2025. Investment managers with $100 million or more in US stocks report their long positions on Form 13F within 45 days after each quarter ends. How 13F works

Institutional holders
385
+7 vs. Q1 2025
Shares held
20.5M
+621.5K (+3.1%) vs. Q1 2025
Total value
$4.73B
+$348.9M (+8.0%) vs. Q1 2025
New holders
63
118 more added
Sold out
56
156 more reduced

3 institutions that held it in Q1 2025 haven't filed for Q2 2025 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.

Compare with Q1 2025: new holders, sold out and not filed yet

Holders and value by quarter

Institutions reporting APPF on Form 13F each quarter since Q1 2021, and the total value they reported. Values are as of each quarter end, so they also move with the share price.

Institutional holdersQ2 2025: 385 institutions
Q1 2021: 158 institutionsQ2 2021: 160 institutionsQ3 2021: 155 institutionsQ4 2021: 150 institutionsQ1 2022: 174 institutionsQ2 2022: 156 institutionsQ3 2022: 163 institutionsQ4 2022: 188 institutionsQ1 2023: 193 institutionsQ2 2023: 214 institutionsQ3 2023: 246 institutionsQ4 2023: 296 institutionsQ1 2024: 366 institutionsQ2 2024: 391 institutionsQ3 2024: 385 institutionsQ4 2024: 388 institutionsQ1 2025: 381 institutionsQ2 2025: 385 institutionsQ3 2025: 411 institutionsQ4 2025: 404 institutionsQ1 2026: 399 institutionsQ2 2026: 394 institutions
Value heldQ2 2025: $4.75B
Q1 2021: $2.29BQ2 2021: $2.29BQ3 2021: $1.93BQ4 2021: $1.95BQ1 2022: $6.67BQ2 2022: $1.46BQ3 2022: $1.70BQ4 2022: $1.67BQ1 2023: $2.05BQ2 2023: $2.78BQ3 2023: $3.04BQ4 2023: $3.15BQ1 2024: $5.18BQ2 2024: $4.71BQ3 2024: $4.54BQ4 2024: $4.70BQ1 2025: $4.39BQ2 2025: $4.75BQ3 2025: $5.53BQ4 2025: $4.88BQ1 2026: $3.41BQ2 2026: $3.78B
Institutions holding APPF and their total value by quarter
QuarterHoldersValue
Q2 2026394$3.78B
Q1 2026399$3.41B
Q4 2025404$4.88B
Q3 2025411$5.53B
Q2 2025385$4.75B
Q1 2025381$4.39B
Q4 2024388$4.70B
Q3 2024385$4.54B
Q2 2024391$4.71B
Q1 2024366$5.18B
Q4 2023296$3.15B
Q3 2023246$3.04B
Q2 2023214$2.78B
Q1 2023193$2.05B
Q4 2022188$1.67B
Q3 2022163$1.70B
Q2 2022156$1.46B
Q1 2022174$6.67B
Q4 2021150$1.95B
Q3 2021155$1.93B
Q2 2021160$2.29B
Q1 2021158$2.29B

Institutions, Q2 2025

Shares, value and share of portfolio for each institution holding Appfolio Inc; share changes are against Q1 2025.

Institutions holding APPF in Q2 2025
InstitutionSharesValue% of portfolioChange in sharesAction
Vanguard Group Inc2,403,717$553.5M0.01%−34,712−1.4%Reduced
BlackRock, Inc.2,356,065$542.6M0.01%−48,715−2.0%Reduced
Ashe Capital Management, LP1,331,260$306.6M23.89%+195,148+17.2%Added
Principal Financial Group Inc832,891$191.8M0.10%+431,003+107.2%Added
William Blair Investment Management, LLC733,428$168.9M0.45%+310,834+73.6%Added
State Street Corp692,171$159.4M0.01%−21,883−3.1%Reduced
Kayne Anderson Rudnick Investment Management LLC686,460$158.1M0.38%−87,119−11.3%Reduced
Brown Capital Management LLC578,745$133.3M3.88%−33,084−5.4%Reduced
FMR LLC574,363$132.3M0.01%−271,815−32.1%Reduced
Gilder Gagnon Howe & Co LLC525,334$121.0M1.28%−7,266−1.4%Reduced
Nellore Capital Management LLC506,892$116.7M13.09%+104,153+25.9%Added
DF Dent & Co Inc494,818$113.9M1.45%+102,915+26.3%Added
Price T Rowe Associates Inc454,478$104.7M0.01%+399,838+731.8%Added
Geode Capital Management, LLC438,522$101.0M0.01%+1,458+0.3%Added
Morgan Stanley375,436$86.5M0.01%+108,215+40.5%Added
Invesco Ltd.313,873$72.3M0.01%−33,252−9.6%Reduced
Arrowstreet Capital, Limited Partnership292,771$67.4M0.05%−5,125−1.7%Reduced
Long Walk Management LP276,325$63.6M16.11%+121,525+78.5%Added
Dimensional Fund Advisors LP266,040$61.3M0.01%+17,092+6.9%Added
Caledonia (Private) Investments Pty Ltd238,880$55.0M0.87%+238,880New
Renaissance Technologies LLC229,100$52.8M0.07%−47,800−17.3%Reduced
New York State Common Retirement Fund224,737$51.8M0.07%−735−0.3%Reduced
Brown Advisory Inc222,889$51.3M0.07%+96,470+76.3%Added
Bank of New York Mellon Corp221,812$51.1M0.01%+13,493+6.5%Added
Northern Trust Corp191,259$44.0M0.01%−2,521−1.3%Reduced
Fiera Capital Corp166,161$38.3M0.13%+2,923+1.8%Added
GW&K Investment Management, LLC165,407$38.1M0.34%−16,242−8.9%Reduced
Charles Schwab Investment Management Inc159,670$36.8M0.01%+127+0.1%Added
Insight Holdings Group, LLC152,600$35.1M1.47%+152,600New
Norges Bank149,491$34.4M0.00%−108,488−42.1%Reduced
First Trust Advisors LP144,712$33.3M0.03%−53,799−27.1%Reduced
Ranger Investment Management, L.P.140,685$32.4M2.26%+20,807+17.4%Added
Bank of America Corp140,505$32.4M0.00%+4,167+3.1%Added
Greenstone Partners & Co., LLC134,229$30.9M7.24%+22,489+20.1%Added
Janus Henderson Group PLC131,830$30.4M0.01%−17,349−11.6%Reduced
Jacobs Levy Equity Management, Inc131,532$30.3M0.12%−41,440−24.0%Reduced
Squarepoint Ops LLC126,689$29.2M0.06%+25,313+25.0%Added
Caisse de Depot Et Placement du Quebec109,866$25.3M0.05%−20,871−16.0%Reduced
Wells Fargo & Company102,637$23.6M0.01%+770+0.8%Added
UBS Group AG101,781$23.4M0.00%+31,710+45.3%Added
Royal Bank of Canada97,111$22.4M0.00%+51,659+113.7%Added
UBS Asset Management Americas Inc94,459$21.8M0.00%+21,734+29.9%Added
Raymond James Financial Inc94,155$21.7M0.01%+2,440+2.7%Added
Jennison Associates LLC90,171$20.8M0.01%+28,986+47.4%Added
Sellaronda Global Management LP85,000$19.6M17.17%+5,000+6.3%Added
Russell Investments Group, Ltd.70,407$16.2M0.02%+702+1.0%Added
Goldman Sachs Group Inc68,494$15.8M0.00%+1,717+2.6%Added
Envestnet Asset Management Inc67,728$15.6M0.00%−2,701−3.8%Reduced
Man Group plc66,666$15.4M0.03%+4,907+7.9%Added
Rhumbline Advisers64,023$14.7M0.01%−206−0.3%Reduced
Victory Capital Management Inc62,089$14.3M0.01%−7,518−10.8%Reduced
CTF Capital Management, LP61,253$14.1M8.35%+61,253New
Marshall Wace, LLP57,429$13.2M0.02%+55,277+2,568.6%Added
Blair William & Co56,337$13.0M0.04%−156−0.3%Reduced
EULAV Asset Management55,449$12.8M0.30%00.0%Unchanged
Macquarie Group Ltd54,790$12.6M0.02%−251,843−82.1%Reduced
Millennium Management LLC52,285$12.0M0.01%+34,230+189.6%Added
Nuveen, LLC52,259$12.0M0.00%−72,635−58.2%Reduced
JPMorgan Chase & Co48,995$11.3M0.00%−774−1.6%Reduced
Atika Capital Management LLC44,500$10.2M1.07%00.0%Unchanged
Wellington Management Group LLP44,291$10.2M0.00%−10,966−19.8%Reduced
SEI Investments Co42,976$9.90M0.01%−18,821−30.5%Reduced
Swiss National Bank42,500$9.79M0.01%00.0%Unchanged
Mission Wealth Management, LP42,159$9.71M0.21%−11,280−21.1%Reduced
Great West Life Assurance Co39,519$9.09M0.01%−1,778−4.3%Reduced
AXA S.A.39,439$9.08M0.03%−13,384−25.3%Reduced
Legal & General Group Plc36,775$8.47M0.00%+944+2.6%Added
Nicholas Investment Partners, LP36,546$8.42M0.75%−6,768−15.6%Reduced
Verition Fund Management LLC35,298$8.13M0.05%+25,334+254.3%Added
TFJ Management, LLC34,030$7.84M6.12%+11,757+52.8%Added
Natixis Advisors, L.P.33,964$7.82M0.01%+10,003+41.7%Added
Alliancebernstein L.P.30,196$6.95M0.00%−5,981−16.5%Reduced
Jupiter Asset Management Ltd28,760$6.62M0.06%+16,521+135.0%Added
Retirement Systems of Alabama28,169$6.49M0.02%−120−0.4%Reduced
Capital Impact Advisors, LLC26,687$6.21M1.87%+223+0.8%Added
Ameriprise Financial Inc25,639$5.90M0.00%−7,991−23.8%Reduced
Stanley-Laman Group, Ltd.25,615$5.90M0.88%+25,615New
Quantinno Capital Management LP21,863$5.03M0.02%+11+0.1%Added
Franklin Resources Inc21,601$4.97M0.00%−167,417−88.6%Reduced
California State Teachers Retirement System21,305$4.91M0.01%−44−0.2%Reduced
SG Americas Securities, LLC20,342$4.68M0.02%+20,342New
Zevenbergen Capital Investments LLC20,000$4.61M0.09%00.0%Unchanged
Advisors Capital Management, LLC19,202$4.42M0.06%+1,981+11.5%Added
Alamar Capital Management, LLC18,300$4.21M2.28%+6,925+60.9%Added
Manufacturers Life Insurance Company, The17,719$4.08M0.00%−1,157−6.1%Reduced
Melqart Asset Management (UK) Ltd16,832$3.88M0.55%+3,199+23.5%Added
State Board of Administration of Florida Retirement System16,772$3.86M0.01%+211+1.3%Added
Channel Wealth LLC16,526$3.81M1.08%−1,311−7.3%Reduced
Baker Avenue Asset Management, LP16,437$3.79M0.11%−5,925−26.5%Reduced
Azzad Asset Management Inc15,935$3.67M0.39%+456+2.9%Added
Agf Management Ltd14,314$3.30M0.01%+14,314New
Brinker Capital Investments, LLC14,006$3.23M0.03%+249+1.8%Added
Amundi13,734$3.20M0.00%00.0%Unchanged
D. E. Shaw & Co., Inc.13,747$3.17M0.00%−12,471−47.6%Reduced
EFG Asset Management (North America) Corp.13,497$3.11M0.44%−115−0.8%Reduced
MetLife Investment Management13,394$3.08M0.02%−488−3.5%Reduced
Johnson Investment Counsel Inc13,242$3.05M0.03%+2,422+22.4%Added
Kerrisdale Advisers, LLC12,942$2.98M1.55%+3,194+32.8%Added
Stifel Financial Corp11,829$2.72M0.00%−1,119−8.6%Reduced
Teacher Retirement System of Texas11,715$2.70M0.01%−1,876−13.8%Reduced