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.
| Quarter | Holders | Value |
|---|---|---|
| Q2 2026 | 394 | $3.77B |
| Q1 2026 | 399 | $3.41B |
| Q4 2025 | 404 | $4.88B |
| Q3 2025 | 411 | $5.52B |
| Q2 2025 | 385 | $4.73B |
| Q1 2025 | 381 | $4.38B |
| Q4 2024 | 388 | $4.70B |
| Q3 2024 | 385 | $4.50B |
| Q2 2024 | 391 | $4.61B |
| Q1 2024 | 366 | $4.86B |
| Q4 2023 | 295 | $3.01B |
| Q3 2023 | 246 | $3.01B |
| Q2 2023 | 214 | $2.78B |
| Q1 2023 | 193 | $2.05B |
| Q4 2022 | 188 | $1.67B |
| Q3 2022 | 162 | $1.70B |
| Q2 2022 | 156 | $1.46B |
| Q1 2022 | 174 | $1.78B |
| Q4 2021 | 150 | $1.95B |
| Q3 2021 | 155 | $1.93B |
| Q2 2021 | 160 | $2.29B |
| Q1 2021 | 158 | $2.29B |
Institutions, Q3 2025
Shares, value and share of portfolio for each institution holding Appfolio Inc; share changes are against Q2 2025.
| Institution | Shares | Value | % of portfolio | Change in shares | Action |
|---|---|---|---|---|---|
| Kerrisdale Advisers, LLC | 14,778 | $4.07M | 2.11% | +1,836+14.2% | Added |
| Two Sigma Investments, LP | 14,009 | $3.86M | 0.01% | +14,009 | New |
| Aquatic Capital Management LLC | 12,844 | $3.54M | 0.07% | +12,844 | New |
| MetLife Investment Management | 12,782 | $3.52M | 0.02% | −612−4.6% | Reduced |
| Agf Management Ltd | 11,955 | $3.30M | 0.01% | −2,359−16.5% | Reduced |
| LPL Financial LLC | 11,719 | $3.23M | 0.00% | +57+0.5% | Added |
| EFG Asset Management (North America) Corp. | 11,702 | $3.23M | 0.42% | −1,795−13.3% | Reduced |
| Teacher Retirement System of Texas | 11,334 | $3.12M | 0.01% | −381−3.3% | Reduced |
| Amalgamated Bank | 11,068 | $3.05M | 0.02% | +46+0.4% | Added |
| Stifel Financial Corp | 10,596 | $2.92M | 0.00% | −1,233−10.4% | Reduced |
| Mutual of America Capital Management LLC | 10,563 | $2.91M | 0.03% | −899−7.8% | Reduced |
| Nisa Investment Advisors, LLC | 10,446 | $2.88M | 0.01% | +1,076+11.5% | Added |
| Custom Index Systems, LLC | 10,002 | $2.76M | 0.82% | +5,739+134.6% | Added |
| Treasurer of the State of North Carolina | 9,881 | $2.72M | 0.01% | −392−3.8% | Reduced |
| Johnson Investment Counsel Inc | 9,813 | $2.71M | 0.02% | −3,429−25.9% | Reduced |
| Jupiter Asset Management Ltd | 9,650 | $2.66M | 0.02% | −19,110−66.4% | Reduced |
| Daiwa Securities Group Inc. | 9,617 | $2.65M | 0.01% | −796−7.6% | Reduced |
| Police & Firemen's Retirement System of New Jersey | 9,579 | $2.64M | 0.02% | +1,365+16.6% | Added |
| Horizon Investments, LLC | 9,295 | $2.56M | 0.03% | +9,294+929,400.0% | Added |
| Illinois Municipal Retirement Fund | 9,194 | $2.53M | 0.03% | +3,079+50.4% | Added |
| Davidson Kahn Capital Management, LLC | 9,179 | $2.53M | 1.41% | −46−0.5% | Reduced |
| New York State Teachers Retirement System | 9,140 | $2.52M | 0.00% | +200+2.2% | Added |
| Virginia Retirement Systems Et Al | 9,021 | $2.49M | 0.02% | −600−6.2% | Reduced |
| State of Tennessee, Treasury Department | 9,005 | $2.48M | 0.01% | −1,918−17.6% | Reduced |
| Vident Advisory, LLC | 8,571 | $2.36M | 0.02% | +5,352+166.3% | Added |
| Wolverine Trading, LLC | 8,162 | $2.31M | 0.05% | +8,162 | New |
| D. E. Shaw & Co., Inc. | 8,262 | $2.28M | 0.00% | −5,485−39.9% | Reduced |
| Burney Co | 7,997 | $2.20M | 0.07% | +288+3.7% | Added |
| Handelsbanken Fonder AB | 7,900 | $2.18M | 0.01% | +2,700+51.9% | Added |
| State of New Jersey Common Pension Fund D | 7,879 | $2.17M | 0.01% | −1,162−12.9% | Reduced |
| King Luther Capital Management Corp | 7,744 | $2.13M | 0.01% | 00.0% | Unchanged |
| Parnassus Investments | 7,388 | $2.04M | 0.00% | +530+7.7% | Added |
| Public Employees Retirement System of Ohio | 7,375 | $2.03M | 0.01% | +35+0.5% | Added |
| Yousif Capital Management, LLC | 7,154 | $1.97M | 0.02% | −580−7.5% | Reduced |
| State of Wisconsin Investment Board | 6,859 | $1.89M | 0.00% | −740−9.7% | Reduced |
| Walleye Capital LLC | 6,852 | $1.89M | 0.02% | +6,852 | New |
| Universal- Beteiligungs- und Servicegesellschaft mbH | 6,825 | $1.88M | 0.00% | −4,183−38.0% | Reduced |
| Comerica Bank | 6,728 | $1.85M | 0.01% | −471−6.5% | Reduced |
| Assetmark, Inc | 6,629 | $1.83M | 0.00% | −54−0.8% | Reduced |
| Arizona State Retirement System | 6,457 | $1.78M | 0.01% | −32−0.5% | Reduced |
| Louisiana State Employees Retirement System | 6,400 | $1.76M | 0.03% | −100−1.5% | Reduced |
| Teachers Retirement System of the State of Kentucky | 6,200 | $1.71M | 0.01% | 00.0% | Unchanged |
| Neuberger Berman Group LLC | 6,098 | $1.68M | 0.00% | −4,057−40.0% | Reduced |
| Evanson Asset Management, LLC | 6,000 | $1.65M | 0.10% | 00.0% | Unchanged |
| Zions Bancorporation, National Association | 5,870 | $1.62M | 0.08% | −896−13.2% | Reduced |
| Commonwealth of Pennsylvania Public School Empls Retrmt Sys | 5,870 | $1.62M | 0.01% | −51−0.9% | Reduced |
| Envestnet Portfolio Solutions, Inc. | 5,546 | $1.53M | 0.01% | −88−1.6% | Reduced |
| M&T Bank Corp | 5,514 | $1.52M | 0.01% | −328−5.6% | Reduced |
| Qube Research & Technologies Ltd | 5,490 | $1.51M | 0.00% | +5,490 | New |
| State of Michigan Retirement System | 5,400 | $1.49M | 0.01% | −100−1.8% | Reduced |
| South Dakota Investment Council | 5,300 | $1.46M | 0.03% | +1,000+23.3% | Added |
| SG Americas Securities, LLC | 5,269 | $1.45M | 0.01% | −15,073−74.1% | Reduced |
| Highland Capital Management, LLC | 5,204 | $1.43M | 0.07% | +5,204 | New |
| Northwestern Mutual Investment Management Company, LLC | 5,098 | $1.41M | 0.02% | −48−0.9% | Reduced |
| KLP Kapitalforvaltning AS | 5,000 | $1.38M | 0.01% | +300+6.4% | Added |
| New Age Alpha Advisors, LLC | 4,992 | $1.38M | 0.06% | −149−2.9% | Reduced |
| First Citizens Bank & Trust Co | 4,978 | $1.37M | 0.03% | +422+9.3% | Added |
| Xponance, Inc. | 4,848 | $1.34M | 0.01% | +179+3.8% | Added |
| Legato Capital Management LLC | 4,752 | $1.31M | 0.14% | 00.0% | Unchanged |
| Oppenheimer Asset Management Inc. | 4,706 | $1.30M | 0.01% | −200−4.1% | Reduced |
| Oregon Public Employees Retirement Fund | 4,614 | $1.27M | 0.02% | −121−2.6% | Reduced |
| Zurcher Kantonalbank (Zurich Cantonalbank) | 4,465 | $1.23M | 0.00% | −1,168−20.7% | Reduced |
| Ensign Peak Advisors, Inc | 4,463 | $1.23M | 0.00% | −3,200−41.8% | Reduced |
| Ameritas Investment Partners, Inc. | 4,287 | $1.18M | 0.04% | −188−4.2% | Reduced |
| New Mexico Educational Retirement Board | 4,200 | $1.16M | 0.04% | 00.0% | Unchanged |
| Commonwealth Equity Services, LLC | 4,157 | $1.15M | 0.00% | −805−16.2% | Reduced |
| Edgestream Partners, L.P. | 4,059 | $1.12M | 0.03% | +1,411+53.3% | Added |
| Atria Investments LLC | 4,029 | $1.11M | 0.01% | +199+5.2% | Added |
| Martingale Asset Management L P | 3,982 | $1.10M | 0.03% | −6,109−60.5% | Reduced |
| Truist Financial Corp | 3,928 | $1.08M | 0.00% | +43+1.1% | Added |
| Verdence Capital Advisors LLC | 4,395 | $1.08M | 0.06% | +200+4.8% | Added |
| Barrier Capital Management, LLC | 3,883 | $1.07M | 0.79% | +3,883 | New |
| Resona Asset Management Co.,Ltd. | 3,871 | $1.07M | 0.01% | −332−7.9% | Reduced |
| Alpha Wealth Funds, LLC | 3,900 | $1.06M | 0.87% | +500+14.7% | Added |
| Azzad Asset Management Inc | 3,825 | $1.05M | 0.10% | −12,110−76.0% | Reduced |
| NorthCrest Asset Manangement, LLC | 4,390 | $1.05M | 0.03% | +1,561+55.2% | Added |
| Gotham Asset Management, LLC | 3,582 | $987.4K | 0.00% | +1,713+91.7% | Added |
| State of Alaska, Department of Revenue | 3,570 | $983.0K | 0.01% | +975+37.6% | Added |
| Wiley Bros.-Aintree Capital, LLC | 3,524 | $971.3K | 0.01% | +334+10.5% | Added |
| JustInvest LLC | 3,303 | $910.5K | 0.01% | +914+38.3% | Added |
| Pictet Asset Management Holding SA | 3,176 | $875.5K | 0.00% | −189−5.6% | Reduced |
| Norden Group LLC | 3,174 | $874.9K | 0.09% | −627−16.5% | Reduced |
| Virtue Capital Management, LLC | 28,667 | $852.3K | 0.19% | +28,667 | New |
| Pacer Advisors, Inc. | 3,030 | $835.3K | 0.00% | +3,030 | New |
| Bank of Montreal | 3,009 | $829.5K | 0.00% | −201−6.3% | Reduced |
| Element Squared LLC | 2,939 | $810.2K | 0.46% | +2,939 | New |
| LVZ Advisors, Inc. | 2,871 | $791.4K | 0.09% | +429+17.6% | Added |
| Allianz Asset Management GmbH | 2,827 | $779.3K | 0.00% | −100−3.4% | Reduced |
| Picton Mahoney Asset Management | 2,814 | $775.0K | 0.01% | +2,814 | New |
| Versor Investments LP | 2,801 | $772.1K | 0.14% | −2,310−45.2% | Reduced |
| DGS Capital Management, LLC | 2,742 | $755.9K | 0.14% | −294−9.7% | Reduced |
| Lazard Asset Management LLC | 2,735 | $753.9K | 0.00% | +310+12.8% | Added |
| Blueshift Asset Management, LLC | 2,733 | $753.4K | 0.23% | +2,733 | New |
| Ami Asset Management Corp | 2,711 | $747.3K | 0.04% | −7−0.3% | Reduced |
| Cetera Investment Advisers | 2,692 | $742.1K | 0.00% | +470+21.2% | Added |
| The PNC Financial Services Group, Inc. | 2,673 | $736.8K | 0.00% | +471+21.4% | Added |
| Deutsche Bank AG | 2,657 | $732.4K | 0.00% | +825+45.0% | Added |
| Portside Wealth Group, LLC | 2,648 | $729.9K | 0.10% | −1,180−30.8% | Reduced |
| Curbstone Financial Management Corp | 2,550 | $702.9K | 0.14% | −540−17.5% | Reduced |
| Baird Financial Group, Inc. | 2,469 | $680.6K | 0.00% | −61−2.4% | Reduced |