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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, 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.

Institutional holdersQ4 2025: 404 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 heldQ4 2025: $4.88B
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, Q4 2025

Shares, value and share of portfolio for each institution holding Appfolio Inc; share changes are against Q3 2025.

Institutions holding APPF in Q4 2025
InstitutionSharesValue% of portfolioChange in sharesAction
STRS Ohio527$122.6K0.00%+1+0.2%Added
Jones Financial Companies LLLP531$123.5K0.00%+77+17.0%Added
Parallel Advisors, LLC562$130.7K0.00%−379−40.3%Reduced
GAMMA Investing LLC573$133.3K0.01%+99+20.9%Added
KBC Group NV579$135.0K0.00%00.0%Unchanged
Bayforest Capital Ltd596$138.7K0.10%−882−59.7%Reduced
IFP Advisors, Inc642$149.4K0.00%+14+2.2%Added
Strategic Advocates LLC669$157.6K0.04%−443−39.8%Reduced
Horizon Investments, LLC722$168.0K0.00%−8,573−92.2%Reduced
Virtus ETF Advisers LLC740$172.2K0.08%00.0%Unchanged
Quadrant Capital Group LLC816$189.8K0.01%+14+1.7%Added
Cache Advisors, LLC883$205.4K0.03%00.0%Unchanged
Eurizon Capital SGR S.p.A.887$206.6K0.00%+887New
Tower Research Capital LLC (TRC)894$208.0K0.01%−339−27.5%Reduced
Kensington Investment Counsel, LLC900$209.4K0.09%00.0%Unchanged
Gilbert & Cook, Inc.901$209.6K0.03%+901New
Connor, Clark & Lunn Investment Management Ltd.936$217.8K0.00%+936New
Sanctuary Advisors, LLC944$219.6K0.00%+86+10.0%Added
Arlington Financial Advisors, LLC952$221.5K0.03%00.0%Unchanged
ProShare Advisors LLC958$222.9K0.00%−36−3.6%Reduced
Covestor Ltd961$224.0K0.12%−79−7.6%Reduced
Navellier & Associates Inc1,000$232.7K0.03%00.0%Unchanged
Davis R M Inc1,000$232.7K0.00%00.0%Unchanged
Steel Peak Wealth Management LLC1,000$232.7K0.01%00.0%Unchanged
Swiss Life Asset Management Ltd1,001$232.9K0.00%00.0%Unchanged
Penserra Capital Management LLC1,014$235.0K0.00%+1,014New
Bokf, NA1,036$241.0K0.00%−218−17.4%Reduced
denkapparat Operations GmbH1,036$241.0K0.13%00.0%Unchanged
Independent Advisor Alliance1,045$243.1K0.01%−285−21.4%Reduced
Maryland State Retirement & Pension System1,059$246.4K0.01%00.0%Unchanged
Motley Fool Asset Management LLC1,069$248.7K0.01%+11+1.0%Added
Moody Aldrich Partners LLC1,085$252.4K0.05%−621−36.4%Reduced
First Foundation Advisors1,098$255.4K0.01%00.0%Unchanged
Lewis Asset Management, LLC1,115$259.4K0.11%+2+0.2%Added
Cambria Investment Management, L.P.1,121$260.8K0.02%+1,121New
Burney Co1,146$266.6K0.01%−6,851−85.7%Reduced
Utah Retirement Systems1,162$270.3K0.00%00.0%Unchanged
HSBC Holdings PLC1,163$271.3K0.00%−760−39.5%Reduced
Somerset Trust Co1,176$273.6K0.08%+61+5.5%Added
Crossmark Global Holdings, Inc.1,185$275.7K0.00%−201−14.5%Reduced
Cullinan Associates Inc1,200$279.2K0.02%00.0%Unchanged
Park Avenue Securities LLC1,231$286.0K0.00%−33−2.6%Reduced
Empowered Funds, LLC1,273$296.2K0.01%+1,273New
Fieldview Capital Management, LLC1,281$298.0K0.05%+1,281New
Mutual Advisors, LLC1,288$299.7K0.01%+20+1.6%Added
Quest Partners LLC1,323$307.8K0.02%−295−18.2%Reduced
Diversify Wealth Management, LLC1,413$312.5K0.01%−76−5.1%Reduced
EP Wealth Advisors, LLC1,347$313.4K0.00%+1,347New
Exchange Traded Concepts, LLC1,349$313.8K0.00%+742+122.2%Added
Sequoia Financial Advisors, LLC1,358$315.9K0.00%+1,358New
L2 Asset Management, LLC1,381$321.4K0.04%+1,381New
Snowden Capital Advisors LLC1,384$322.0K0.01%−155−10.1%Reduced
CWM Advisors, LLC1,400$325.7K0.03%+312+28.7%Added
First Bank & Trust1,414$329.0K0.05%+114+8.8%Added
Kestra Investment Management, LLC1,416$329.4K0.01%+1,416New
Janney Montgomery Scott LLC1,433$333.0K0.00%−19−1.3%Reduced
MML Investors Services, LLC1,456$338.7K0.00%−5−0.3%Reduced
Fiduciary Trust Co1,467$341.3K0.00%−3−0.2%Reduced
Two Sigma Securities, LLC1,476$343.4K0.05%+1,476New
Norden Group LLC1,480$344.3K0.03%−1,694−53.4%Reduced
HMS Capital Management, LLC1,493$347.3K0.14%−11−0.7%Reduced
Linden Thomas Advisory Services, LLC1,509$351.1K0.04%−6−0.4%Reduced
Guggenheim Capital LLC1,518$353.2K0.00%−266−14.9%Reduced
State of Wisconsin Investment Board1,549$360.4K0.00%−5,310−77.4%Reduced
Coldstream Capital Management Inc1,594$370.8K0.00%+628+65.0%Added
Banque Pictet & Cie SA1,596$371.3K0.00%−378−19.1%Reduced
Global Endowment Management, LP1,603$373.0K0.05%−674−29.6%Reduced
Portside Wealth Group, LLC1,606$373.6K0.05%−1,042−39.4%Reduced
Amundi1,608$374.1K0.00%+1,608New
Alps Advisors Inc1,663$386.9K0.00%+8+0.5%Added
Securian Asset Management, Inc1,689$392.9K0.01%00.0%Unchanged
DekaBank Deutsche Girozentrale1,523$393.0K0.00%00.0%Unchanged
Federation des caisses Desjardins du Quebec1,734$403.4K0.00%+250+16.8%Added
Bank of Nova Scotia1,795$417.6K0.00%+383+27.1%Added
Third View Private Wealth, LLC1,799$418.5K0.06%+1,799New
HighTower Advisors, LLC1,802$419.3K0.00%−407−18.4%Reduced
Vestcor Inc1,851$431.0K0.01%+1,298+234.7%Added
Mirabella Financial Services LLP1,866$434.1K0.04%+1,866New
Jefferies Financial Group Inc.1,874$436.0K0.00%+1,874New
Beacon Pointe Advisors, LLC1,903$442.7K0.00%00.0%Unchanged
Federated Hermes, Inc.1,939$451.0K0.00%−189−8.9%Reduced
Grandeur Peak Global Advisors, LLC2,027$471.6K0.06%−337−14.3%Reduced
New York Life Investment Management LLC2,043$475.3K0.00%−223−9.8%Reduced
Summit Trail Advisors, LLC2,044$475.5K0.01%+649+46.5%Added
Virtue Capital Management, LLC788$487.2K0.08%−27,879−97.3%Reduced
Mercer Global Advisors Inc2,105$489.8K0.00%+842+66.7%Added
Aviva PLC2,113$491.6K0.00%+385+22.3%Added
Caitlin John, LLC2,145$499.0K0.33%+2,145New
Ashton Thomas Private Wealth, LLC2,147$499.5K0.01%+326+17.9%Added
Mach-1 Financial Group, Inc.2,148$499.7K0.10%+2,148New
Voya Investment Management LLC2,153$500.9K0.00%−227−9.5%Reduced
Dark Forest Capital Management LP2,163$503.2K0.02%+2,163New
Blueshift Asset Management, LLC2,188$509.0K0.15%−545−19.9%Reduced
Lecap Asset Management Ltd2,233$519.5K0.21%+2,233New
Captrust Financial Advisors2,271$528.3K0.00%+178+8.5%Added
XTX Topco Ltd2,338$543.9K0.01%+1,588+211.7%Added
Public Employees Retirement Association of Colorado2,354$548.0K0.00%00.0%Unchanged
CWM, LLC2,358$549.0K0.00%+1,200+103.6%Added
US Bancorp2,363$549.8K0.00%+127+5.7%Added
Lazard Asset Management LLC2,395$557.2K0.00%−340−12.4%Reduced