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, Q4 2025
Institutional positions in Appfolio Inc as of Dec 31, 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
- 404
- −2 vs. Q3 2025
- Shares held
- 21.0M
- +975.8K (+4.9%) vs. Q3 2025
- Total value
- $4.88B
- −$624.0M (−11.3%) vs. Q3 2025
- New holders
- 61
- 156 more added
- Sold out
- 63
- 132 more reduced
5 institutions that held it in Q3 2025 haven't filed for Q4 2025 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.
Compare with Q3 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, Q4 2025
Shares, value and share of portfolio for each institution holding Appfolio Inc; share changes are against Q3 2025.
| Institution | Shares | Value | % of portfolio | Change in shares | Action |
|---|---|---|---|---|---|
| Vanguard Group Inc | 2,560,460 | $595.7M | 0.01% | +101,466+4.1% | Added |
| BlackRock, Inc. | 2,368,348 | $551.0M | 0.01% | −44,599−1.8% | Reduced |
| Principal Financial Group Inc | 1,245,949 | $289.9M | 0.15% | +79,197+6.8% | Added |
| Ashe Capital Management, LP | 1,077,915 | $250.8M | 24.30% | −253,345−19.0% | Reduced |
| State Street Corp | 685,656 | $159.5M | 0.01% | +7,585+1.1% | Added |
| Price T Rowe Associates Inc | 669,317 | $155.7M | 0.02% | +98,230+17.2% | Added |
| William Blair Investment Management, LLC | 638,241 | $148.5M | 0.41% | +86,272+15.6% | Added |
| Nellore Capital Management LLC | 529,696 | $123.2M | 13.80% | +54,732+11.5% | Added |
| Kayne Anderson Rudnick Investment Management LLC | 520,509 | $121.1M | 0.33% | −95,117−15.5% | Reduced |
| Geode Capital Management, LLC | 472,491 | $109.9M | 0.01% | +11,588+2.5% | Added |
| Gilder Gagnon Howe & Co LLC | 419,431 | $97.6M | 1.03% | −98,319−19.0% | Reduced |
| Invesco Ltd. | 416,260 | $96.8M | 0.01% | +20,609+5.2% | Added |
| DF Dent & Co Inc | 401,494 | $93.4M | 1.34% | −26,104−6.1% | Reduced |
| Long Walk Management LP | 381,750 | $88.8M | 19.76% | +93,250+32.3% | Added |
| Arrowstreet Capital, Limited Partnership | 361,101 | $84.0M | 0.05% | +43,688+13.8% | Added |
| Citadel Advisors LLC | 358,915 | $83.5M | 0.06% | +331,938+1,230.4% | Added |
| Caledonia (Private) Investments Pty Ltd | 332,635 | $77.4M | 1.48% | +104,609+45.9% | Added |
| Dimensional Fund Advisors LP | 287,027 | $66.8M | 0.01% | +8,466+3.0% | Added |
| Bank of America Corp | 283,962 | $66.1M | 0.00% | +89,837+46.3% | Added |
| Millennium Management LLC | 281,495 | $65.5M | 0.05% | +172,627+158.6% | Added |
| Morgan Stanley | 275,549 | $64.1M | 0.00% | +31,369+12.8% | Added |
| FMR LLC | 259,656 | $60.4M | 0.00% | −235,321−47.5% | Reduced |
| Fiera Capital Corp | 213,151 | $49.6M | 0.16% | +50,275+30.9% | Added |
| Northern Trust Corp | 212,285 | $49.4M | 0.01% | −33,642−13.7% | Reduced |
| Hudson Way Capital Management LLC | 202,853 | $47.2M | 3.75% | +9,257+4.8% | Added |
| Greenstone Partners & Co., LLC | 187,609 | $43.6M | 8.48% | +54,833+41.3% | Added |
| Jacobs Levy Equity Management, Inc | 186,393 | $43.4M | 0.17% | +74,763+67.0% | Added |
| First Trust Advisors LP | 182,591 | $42.5M | 0.03% | +94,052+106.2% | Added |
| Bank of New York Mellon Corp | 179,159 | $41.7M | 0.01% | −8,135−4.3% | Reduced |
| Marshall Wace, LLP | 169,929 | $39.5M | 0.04% | +50,385+42.1% | Added |
| Charles Schwab Investment Management Inc | 154,947 | $36.0M | 0.01% | −3,261−2.1% | Reduced |
| Brown Capital Management LLC | 152,123 | $35.4M | 2.90% | −189,819−55.5% | Reduced |
| GW&K Investment Management, LLC | 149,087 | $34.7M | 0.30% | +5,684+4.0% | Added |
| Renaissance Technologies LLC | 146,520 | $34.1M | 0.05% | −17,982−10.9% | Reduced |
| Caisse de Depot Et Placement du Quebec | 139,629 | $32.5M | 0.06% | −9,112−6.1% | Reduced |
| Jennison Associates LLC | 129,401 | $30.1M | 0.02% | +4,819+3.9% | Added |
| Capital Impact Advisors, LLC | 128,314 | $29.9M | 2.34% | +92,936+262.7% | Added |
| Ranger Investment Management, L.P. | 114,290 | $26.6M | 1.82% | −305−0.3% | Reduced |
| Wealth Enhancement Advisory Services, LLC | 109,089 | $25.6M | 0.03% | +79,069+263.4% | Added |
| Two Sigma Investments, LP | 99,876 | $23.2M | 0.03% | +85,867+612.9% | Added |
| Wells Fargo & Company | 99,518 | $23.2M | 0.00% | −8,816−8.1% | Reduced |
| Raymond James Financial Inc | 97,919 | $23.0M | 0.01% | +3,835+4.1% | Added |
| Norges Bank | 97,976 | $22.8M | 0.00% | +97,976 | New |
| Russell Investments Group, Ltd. | 85,613 | $19.9M | 0.02% | +21,596+33.7% | Added |
| JPMorgan Chase & Co | 80,657 | $18.8M | 0.00% | +26,314+48.4% | Added |
| Sone Capital Management, LLC | 64,542 | $15.0M | 1.22% | +31,404+94.8% | Added |
| Loomis Sayles & Co L P | 63,940 | $14.9M | 0.02% | +63,940 | New |
| Nuveen, LLC | 62,479 | $14.5M | 0.00% | +4,528+7.8% | Added |
| Rhumbline Advisers | 60,879 | $14.2M | 0.01% | −1,657−2.6% | Reduced |
| Envestnet Asset Management Inc | 60,646 | $14.1M | 0.00% | −4,695−7.2% | Reduced |
| UBS Asset Management Americas Inc | 57,767 | $13.4M | 0.00% | +1,290+2.3% | Added |
| New York State Common Retirement Fund | 57,619 | $13.4M | 0.02% | 00.0% | Unchanged |
| EULAV Asset Management | 55,449 | $12.9M | 0.34% | 00.0% | Unchanged |
| Blair William & Co | 53,626 | $12.5M | 0.03% | −634−1.2% | Reduced |
| Rockefeller Capital Management L.P. | 52,416 | $12.2M | 0.02% | +52,358+90,272.4% | Added |
| Toroso Investments, LLC | 46,757 | $10.9M | 0.05% | +45,313+3,138.0% | Added |
| Goldman Sachs Group Inc | 44,958 | $10.5M | 0.00% | +12,235+37.4% | Added |
| LPL Financial LLC | 44,594 | $10.4M | 0.00% | +32,875+280.5% | Added |
| Insight Holdings Group, LLC | 44,550 | $10.4M | 0.78% | −108,050−70.8% | Reduced |
| Atika Capital Management LLC | 44,500 | $10.4M | 1.44% | 00.0% | Unchanged |
| Royal Bank of Canada | 43,884 | $10.2M | 0.00% | −40,188−47.8% | Reduced |
| Swiss National Bank | 42,840 | $9.97M | 0.01% | +440+1.0% | Added |
| Bridgewater Associates, LP | 42,436 | $9.87M | 0.04% | +1,842+4.5% | Added |
| Quantinno Capital Management LP | 41,216 | $9.59M | 0.02% | +18,345+80.2% | Added |
| Creative Planning | 41,004 | $9.54M | 0.01% | −1,486−3.5% | Reduced |
| SEI Investments Co | 40,007 | $9.31M | 0.01% | +7,318+22.4% | Added |
| UBS Group AG | 39,965 | $9.30M | 0.00% | −14,030−26.0% | Reduced |
| Nicholas Investment Partners, LP | 39,591 | $9.21M | 0.67% | +2,308+6.2% | Added |
| Mission Wealth Management, LP | 39,107 | $9.10M | 0.19% | −10,094−20.5% | Reduced |
| Nordea Investment Management AB | 37,558 | $8.79M | 0.01% | +37,558 | New |
| Verition Fund Management LLC | 37,651 | $8.76M | 0.05% | +4,657+14.1% | Added |
| Squarepoint Ops LLC | 37,601 | $8.75M | 0.02% | +3,981+11.8% | Added |
| Edgestream Partners, L.P. | 36,779 | $8.56M | 0.24% | +32,720+806.1% | Added |
| TFJ Management, LLC | 36,166 | $8.41M | 6.06% | +2,136+6.3% | Added |
| Quantum Capital Management, LLC | 34,366 | $8.00M | 0.93% | +34,366 | New |
| Legal & General Group Plc | 33,432 | $7.78M | 0.00% | −1,700−4.8% | Reduced |
| Natixis Advisors, L.P. | 32,325 | $7.52M | 0.01% | −1,668−4.9% | Reduced |
| Man Group plc | 32,038 | $7.45M | 0.01% | −13,027−28.9% | Reduced |
| Thrivent Financial for Lutherans | 31,646 | $7.36M | 0.01% | +7,398+30.5% | Added |
| AQR Capital Management LLC | 30,300 | $7.05M | 0.00% | +4,471+17.3% | Added |
| Barclays PLC | 29,821 | $6.94M | 0.00% | +8,207+38.0% | Added |
| Retirement Systems of Alabama | 27,692 | $6.44M | 0.02% | +39+0.1% | Added |
| Panagora Asset Management Inc | 27,288 | $6.35M | 0.02% | +27,288 | New |
| Two Sigma Advisers, LP | 26,606 | $6.19M | 0.01% | +25,720+2,902.9% | Added |
| Great West Life Assurance Co | 25,594 | $5.96M | 0.01% | −5,932−18.8% | Reduced |
| Balyasny Asset Management LLC | 25,456 | $5.92M | 0.01% | +25,456 | New |
| Crosslink Capital Inc | 25,025 | $5.82M | 0.45% | +25,025 | New |
| Alliancebernstein L.P. | 24,670 | $5.74M | 0.00% | −7,443−23.2% | Reduced |
| Zevenbergen Capital Investments LLC | 23,800 | $5.54M | 0.12% | 00.0% | Unchanged |
| Ameriprise Financial Inc | 22,737 | $5.29M | 0.00% | −587−2.5% | Reduced |
| Victory Capital Management Inc | 22,448 | $5.22M | 0.00% | −1,822−7.5% | Reduced |
| California State Teachers Retirement System | 20,651 | $4.80M | 0.00% | −19−0.1% | Reduced |
| Janus Henderson Group PLC | 19,872 | $4.62M | 0.00% | −48,683−71.0% | Reduced |
| KCM Investment Advisors LLC | 19,686 | $4.58M | 0.15% | +19,686 | New |
| Franklin Resources Inc | 19,634 | $4.57M | 0.00% | +1,209+6.6% | Added |
| Advisors Capital Management, LLC | 19,285 | $4.49M | 0.05% | −266−1.4% | Reduced |
| State Board of Administration of Florida Retirement System | 18,126 | $4.22M | 0.01% | +460+2.6% | Added |
| Alamar Capital Management, LLC | 17,065 | $3.97M | 2.19% | −1,125−6.2% | Reduced |
| Manufacturers Life Insurance Company, The | 16,687 | $3.88M | 0.00% | −271−1.6% | Reduced |
| Channel Wealth LLC | 16,488 | $3.84M | 0.97% | −25−0.2% | Reduced |