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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 $3.77B in total; no superinvestor holds it.

13F holders, Q3 2025

Institutional positions in Appfolio Inc as of Sep 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
411
+31 vs. Q2 2025
Shares held
20.0M
−357.8K (−1.8%) vs. Q2 2025
Total value
$5.52B
+$818.5M (+17.4%) vs. Q2 2025
New holders
77
132 more added
Sold out
46
142 more reduced

5 institutions that held it in Q2 2025 haven't filed for Q3 2025 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.

Compare with Q2 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 holdersQ3 2025: 411 institutions
Q1 2021: 158 institutionsQ2 2021: 160 institutionsQ3 2021: 155 institutionsQ4 2021: 150 institutionsQ1 2022: 174 institutionsQ2 2022: 156 institutionsQ3 2022: 162 institutionsQ4 2022: 188 institutionsQ1 2023: 193 institutionsQ2 2023: 214 institutionsQ3 2023: 246 institutionsQ4 2023: 295 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 heldQ3 2025: $5.52B
Q1 2021: $2.29BQ2 2021: $2.29BQ3 2021: $1.93BQ4 2021: $1.95BQ1 2022: $1.78BQ2 2022: $1.46BQ3 2022: $1.70BQ4 2022: $1.67BQ1 2023: $2.05BQ2 2023: $2.78BQ3 2023: $3.01BQ4 2023: $3.01BQ1 2024: $4.86BQ2 2024: $4.61BQ3 2024: $4.50BQ4 2024: $4.70BQ1 2025: $4.38BQ2 2025: $4.73BQ3 2025: $5.52BQ4 2025: $4.88BQ1 2026: $3.41BQ2 2026: $3.77B
Institutions holding APPF and their total value by quarter
QuarterHoldersValue
Q2 2026394$3.77B
Q1 2026399$3.41B
Q4 2025404$4.88B
Q3 2025411$5.52B
Q2 2025385$4.73B
Q1 2025381$4.38B
Q4 2024388$4.70B
Q3 2024385$4.50B
Q2 2024391$4.61B
Q1 2024366$4.86B
Q4 2023295$3.01B
Q3 2023246$3.01B
Q2 2023214$2.78B
Q1 2023193$2.05B
Q4 2022188$1.67B
Q3 2022162$1.70B
Q2 2022156$1.46B
Q1 2022174$1.78B
Q4 2021150$1.95B
Q3 2021155$1.93B
Q2 2021160$2.29B
Q1 2021158$2.29B

Institutions, Q3 2025

Shares, value and share of portfolio for each institution holding Appfolio Inc; share changes are against Q2 2025.

Institutions holding APPF in Q3 2025
InstitutionSharesValue% of portfolioChange in sharesAction
Vanguard Group Inc2,458,994$677.8M0.01%+55,277+2.3%Added
BlackRock, Inc.2,412,947$665.2M0.01%+56,882+2.4%Added
Ashe Capital Management, LP1,331,260$367.0M25.87%00.0%Unchanged
Principal Financial Group Inc1,166,752$321.6M0.16%+333,861+40.1%Added
State Street Corp678,071$186.9M0.01%−14,100−2.0%Reduced
Kayne Anderson Rudnick Investment Management LLC615,626$169.7M0.41%−70,834−10.3%Reduced
Price T Rowe Associates Inc571,087$157.4M0.02%+116,609+25.7%Added
William Blair Investment Management, LLC551,969$152.2M0.39%−181,459−24.7%Reduced
Gilder Gagnon Howe & Co LLC517,750$142.7M1.45%−7,584−1.4%Reduced
FMR LLC494,977$136.4M0.01%−79,386−13.8%Reduced
Nellore Capital Management LLC474,964$130.9M14.28%−31,928−6.3%Reduced
Geode Capital Management, LLC460,903$127.1M0.01%+22,381+5.1%Added
DF Dent & Co Inc427,598$117.9M1.52%−67,220−13.6%Reduced
Invesco Ltd.395,651$109.1M0.02%+81,778+26.1%Added
Brown Capital Management LLC341,942$94.3M3.88%−236,803−40.9%Reduced
Arrowstreet Capital, Limited Partnership317,413$87.5M0.06%+24,642+8.4%Added
Long Walk Management LP288,500$79.5M16.07%+12,175+4.4%Added
Dimensional Fund Advisors LP278,561$76.8M0.02%+12,521+4.7%Added
Northern Trust Corp245,927$67.8M0.01%+54,668+28.6%Added
Morgan Stanley244,180$67.3M0.00%−131,256−35.0%Reduced
Caledonia (Private) Investments Pty Ltd228,026$62.9M1.02%−10,854−4.5%Reduced
Bank of America Corp194,125$53.5M0.00%+53,620+38.2%Added
Hudson Way Capital Management LLC193,596$53.4M4.53%+193,596New
Bank of New York Mellon Corp187,294$51.6M0.01%−34,518−15.6%Reduced
Renaissance Technologies LLC164,502$45.3M0.06%−64,598−28.2%Reduced
Fiera Capital Corp162,876$44.9M0.15%−3,285−2.0%Reduced
Charles Schwab Investment Management Inc158,208$43.6M0.01%−1,462−0.9%Reduced
Insight Holdings Group, LLC152,600$42.1M2.60%00.0%Unchanged
Caisse de Depot Et Placement du Quebec148,741$41.0M0.07%+38,875+35.4%Added
GW&K Investment Management, LLC143,403$39.5M0.35%−22,004−13.3%Reduced
Greenstone Partners & Co., LLC132,776$36.6M6.69%−1,453−1.1%Reduced
Jennison Associates LLC124,582$34.3M0.02%+34,411+38.2%Added
Marshall Wace, LLP119,544$33.0M0.04%+62,115+108.2%Added
Ranger Investment Management, L.P.114,595$31.6M2.20%−26,090−18.5%Reduced
Jacobs Levy Equity Management, Inc111,630$30.8M0.12%−19,902−15.1%Reduced
Millennium Management LLC108,868$30.0M0.02%+56,583+108.2%Added
Wells Fargo & Company108,334$29.9M0.01%+5,697+5.6%Added
Raymond James Financial Inc94,084$25.9M0.01%−71−0.1%Reduced
First Trust Advisors LP88,539$24.4M0.02%−56,173−38.8%Reduced
1832 Asset Management L.P.88,500$24.4M0.04%+88,500New
Royal Bank of Canada84,072$23.2M0.00%−13,039−13.4%Reduced
Janus Henderson Group PLC68,555$18.9M0.01%−63,275−48.0%Reduced
Envestnet Asset Management Inc65,341$18.0M0.01%−2,387−3.5%Reduced
Russell Investments Group, Ltd.64,017$17.6M0.02%−6,390−9.1%Reduced
Rhumbline Advisers62,536$17.2M0.01%−1,487−2.3%Reduced
Nuveen, LLC57,951$16.0M0.00%+5,692+10.9%Added
New York State Common Retirement Fund57,619$15.9M0.02%−167,118−74.4%Reduced
UBS Asset Management Americas Inc56,477$15.6M0.00%−37,982−40.2%Reduced
EULAV Asset Management55,449$15.3M0.36%00.0%Unchanged
JPMorgan Chase & Co54,343$15.0M0.00%+5,348+10.9%Added
Blair William & Co54,260$15.0M0.04%−2,077−3.7%Reduced
UBS Group AG53,995$14.9M0.00%−47,786−46.9%Reduced
Driehaus Capital Management LLC53,256$14.7M0.11%+53,256New
Mission Wealth Management, LP49,201$13.6M0.28%+7,042+16.7%Added
Man Group plc45,065$12.4M0.02%−21,601−32.4%Reduced
Atika Capital Management LLC44,500$12.3M1.04%00.0%Unchanged
Creative Planning42,490$11.7M0.01%+31,761+296.0%Added
Swiss National Bank42,400$11.7M0.01%−100−0.2%Reduced
Bridgewater Associates, LP40,594$11.2M0.04%+40,594New
CTF Capital Management, LP40,000$11.0M5.14%−21,253−34.7%Reduced
Brown Advisory Inc38,071$10.5M0.01%−184,818−82.9%Reduced
Danske Bank A/S37,842$10.4M0.03%+37,710+28,568.2%Added
Nicholas Investment Partners, LP37,283$10.3M0.79%+737+2.0%Added
Capital Impact Advisors, LLC35,378$9.75M2.18%+8,691+32.6%Added
Legal & General Group Plc35,132$9.68M0.00%−1,643−4.5%Reduced
TFJ Management, LLC34,030$9.38M6.32%00.0%Unchanged
Natixis Advisors, L.P.33,993$9.37M0.01%+29+0.1%Added
Squarepoint Ops LLC33,620$9.27M0.02%−93,069−73.5%Reduced
Sone Capital Management, LLC33,138$9.13M0.76%+33,138New
Verition Fund Management LLC32,994$9.10M0.05%−2,304−6.5%Reduced
Goldman Sachs Group Inc32,723$9.02M0.00%−35,771−52.2%Reduced
SEI Investments Co32,689$9.01M0.01%−10,287−23.9%Reduced
Great West Life Assurance Co31,526$8.88M0.01%−7,993−20.2%Reduced
Alliancebernstein L.P.32,113$8.85M0.00%+1,917+6.3%Added
AXA Investment Managers S.A.28,084$7.74M0.02%+28,084New
Retirement Systems of Alabama27,653$7.62M0.03%−516−1.8%Reduced
Citadel Advisors LLC26,977$7.44M0.01%+26,091+2,944.8%Added
Jump Financial, LLC26,134$7.20M0.09%+26,134New
Wealth Enhancement Advisory Services, LLC30,020$7.19M0.01%+30,020New
AQR Capital Management LLC25,829$7.12M0.00%+17,297+202.7%Added
Victory Capital Management Inc24,270$6.69M0.00%−37,819−60.9%Reduced
Thrivent Financial for Lutherans24,248$6.68M0.01%+18,822+346.9%Added
Zevenbergen Capital Investments LLC23,800$6.56M0.13%+3,800+19.0%Added
Ameriprise Financial Inc23,324$6.43M0.00%−2,315−9.0%Reduced
Quantinno Capital Management LP22,871$6.30M0.02%+1,008+4.6%Added
Barclays PLC21,614$5.96M0.00%+10,946+102.6%Added
California State Teachers Retirement System20,670$5.70M0.01%−635−3.0%Reduced
Intech Investment Management LLC20,277$5.59M0.05%+11,862+141.0%Added
Light Street Capital Management, LLC20,000$5.51M0.93%+20,000New
Prudential Financial Inc19,988$5.51M0.01%+18,121+970.6%Added
Advisors Capital Management, LLC19,551$5.39M0.07%+349+1.8%Added
Franklin Resources Inc18,425$5.08M0.00%−3,176−14.7%Reduced
Alamar Capital Management, LLC18,190$5.01M2.65%−110−0.6%Reduced
State Board of Administration of Florida Retirement System17,666$4.87M0.01%+894+5.3%Added
Tudor Investment Corp Et Al16,984$4.68M0.03%+16,984New
Manufacturers Life Insurance Company, The16,958$4.67M0.00%−761−4.3%Reduced
Channel Wealth LLC16,513$4.55M1.22%−13−0.1%Reduced
Baker Avenue Asset Management, LP16,151$4.45M0.11%−286−1.7%Reduced
Citigroup Inc15,641$4.31M0.00%+9,132+140.3%Added
Brinker Capital Investments, LLC14,955$4.12M0.03%+949+6.8%Added