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 |
|---|---|---|---|---|---|
| Neuberger Berman Group LLC | 2,427 | $564.6K | 0.00% | −3,671−60.2% | Reduced |
| American Century Companies Inc | 2,455 | $571.2K | 0.00% | +203+9.0% | Added |
| Baird Financial Group, Inc. | 2,482 | $577.4K | 0.00% | +13+0.5% | Added |
| Bessemer Group Inc | 2,494 | $580.0K | 0.00% | +76+3.1% | Added |
| The PNC Financial Services Group, Inc. | 2,524 | $587.2K | 0.00% | −149−5.6% | Reduced |
| Cetera Investment Advisers | 2,574 | $598.8K | 0.00% | −118−4.4% | Reduced |
| Simplex Trading, LLC | 2,632 | $612.3K | 0.02% | +2,198+506.5% | Added |
| Callan Family Office, LLC | 2,680 | $623.5K | 0.01% | +1,870+230.9% | Added |
| Deutsche Bank AG | 2,710 | $630.5K | 0.00% | +53+2.0% | Added |
| Ami Asset Management Corp | 2,712 | $630.9K | 0.04% | +10.0% | Added |
| DGS Capital Management, LLC | 2,725 | $634.0K | 0.11% | −17−0.6% | Reduced |
| Ensign Peak Advisors, Inc | 3,006 | $699.3K | 0.00% | −1,457−32.6% | Reduced |
| Bank of Montreal | 3,029 | $704.7K | 0.00% | +20+0.7% | Added |
| Cerity Partners LLC | 3,064 | $712.8K | 0.00% | +1,691+123.2% | Added |
| State of Wyoming | 3,082 | $717.0K | 0.08% | +1,886+157.7% | Added |
| Entropy Technologies, LP | 3,110 | $723.5K | 0.04% | +3,110 | New |
| Three Seasons Wealth, LLC | 3,138 | $730.1K | 0.07% | +3,138 | New |
| Stansberry Asset Management, LLC | 3,168 | $737.0K | 0.07% | +3,168 | New |
| SG Americas Securities, LLC | 3,287 | $765.0K | 0.00% | −1,982−37.6% | Reduced |
| LVZ Advisors, Inc. | 3,313 | $770.8K | 0.09% | +442+15.4% | Added |
| Pictet Asset Management Holding SA | 3,395 | $789.8K | 0.00% | +219+6.9% | Added |
| Wiley Bros.-Aintree Capital, LLC | 3,469 | $805.1K | 0.00% | −55−1.6% | Reduced |
| Truist Financial Corp | 3,499 | $814.0K | 0.00% | −429−10.9% | Reduced |
| Graham Capital Management, L.P. | 3,555 | $827.1K | 0.03% | +1,291+57.0% | Added |
| Pacer Advisors, Inc. | 3,566 | $829.6K | 0.00% | +536+17.7% | Added |
| Los Angeles Capital Management LLC | 3,523 | $830.4K | 0.00% | +1,230+53.6% | Added |
| Martingale Asset Management L P | 3,573 | $831.3K | 0.02% | −409−10.3% | Reduced |
| Azzad Asset Management Inc | 3,711 | $863.3K | 0.08% | −114−3.0% | Reduced |
| Resona Asset Management Co.,Ltd. | 3,739 | $869.9K | 0.00% | −132−3.4% | Reduced |
| Atria Investments LLC | 3,820 | $888.7K | 0.01% | −209−5.2% | Reduced |
| Axq Capital, LP | 3,840 | $893.4K | 0.20% | +3,840 | New |
| M&T Bank Corp | 3,933 | $915.0K | 0.00% | −1,581−28.7% | Reduced |
| Alpha Wealth Funds, LLC | 4,000 | $921.5K | 0.62% | +100+2.6% | Added |
| Index Technologies Group LLC | 4,030 | $937.6K | 0.98% | +4,030 | New |
| Susquehanna International Group, LLP | 4,170 | $970.2K | 0.00% | +4,170 | New |
| New Mexico Educational Retirement Board | 4,200 | $977.0K | 0.03% | 00.0% | Unchanged |
| Ameritas Investment Partners, Inc. | 4,229 | $983.9K | 0.03% | −58−1.4% | Reduced |
| Oppenheimer Asset Management Inc. | 4,274 | $994.3K | 0.01% | −432−9.2% | Reduced |
| Commonwealth Equity Services, LLC | 4,311 | $1.00M | 0.00% | +154+3.7% | Added |
| Verdence Capital Advisors LLC | 4,431 | $1.03M | 0.06% | +36+0.8% | Added |
| Xponance, Inc. | 4,577 | $1.06M | 0.01% | −271−5.6% | Reduced |
| Oregon Public Employees Retirement Fund | 4,596 | $1.07M | 0.01% | −18−0.4% | Reduced |
| JustInvest LLC | 4,639 | $1.08M | 0.01% | +1,336+40.4% | Added |
| South Dakota Investment Council | 4,860 | $1.13M | 0.02% | −440−8.3% | Reduced |
| Quent Capital, LLC | 5,030 | $1.17M | 0.08% | +5,008+22,763.6% | Added |
| First Citizens Bank & Trust Co | 5,095 | $1.19M | 0.02% | +117+2.4% | Added |
| Northwestern Mutual Investment Management Company, LLC | 5,162 | $1.20M | 0.01% | +64+1.3% | Added |
| Twin Tree Management, LP | 5,244 | $1.22M | 0.12% | +5,244 | New |
| New Age Alpha Advisors, LLC | 5,299 | $1.23M | 0.05% | +307+6.1% | Added |
| Caption Management, LLC | 5,300 | $1.23M | 0.05% | +5,300 | New |
| NorthCrest Asset Manangement, LLC | 5,295 | $1.24M | 0.03% | +905+20.6% | Added |
| State of Alaska, Department of Revenue | 5,379 | $1.25M | 0.01% | +1,809+50.7% | Added |
| Universal- Beteiligungs- und Servicegesellschaft mbH | 5,423 | $1.26M | 0.00% | −1,402−20.5% | Reduced |
| State of Michigan Retirement System | 5,500 | $1.28M | 0.01% | +100+1.9% | Added |
| Zions Bancorporation, National Association | 5,524 | $1.29M | 0.06% | −346−5.9% | Reduced |
| Quantbot Technologies LP | 5,560 | $1.29M | 0.04% | +4,259+327.4% | Added |
| Envestnet Portfolio Solutions, Inc. | 5,615 | $1.31M | 0.00% | +69+1.2% | Added |
| Commonwealth of Pennsylvania Public School Empls Retrmt Sys | 5,774 | $1.34M | 0.01% | −96−1.6% | Reduced |
| Gotham Asset Management, LLC | 5,794 | $1.35M | 0.00% | +2,212+61.8% | Added |
| D. E. Shaw & Co., Inc. | 5,873 | $1.37M | 0.00% | −2,389−28.9% | Reduced |
| Evanson Asset Management, LLC | 6,000 | $1.40M | 0.08% | 00.0% | Unchanged |
| Arizona State Retirement System | 6,039 | $1.40M | 0.01% | −418−6.5% | Reduced |
| Comerica Bank | 6,159 | $1.43M | 0.01% | −569−8.5% | Reduced |
| Teachers Retirement System of the State of Kentucky | 6,200 | $1.44M | 0.01% | 00.0% | Unchanged |
| Assetmark, Inc | 6,221 | $1.45M | 0.00% | −408−6.2% | Reduced |
| Louisiana State Employees Retirement System | 6,400 | $1.49M | 0.03% | 00.0% | Unchanged |
| KLP Kapitalforvaltning AS | 6,400 | $1.49M | 0.01% | +1,400+28.0% | Added |
| Yousif Capital Management, LLC | 7,103 | $1.50M | 0.02% | −51−0.7% | Reduced |
| Custom Index Systems, LLC | 6,640 | $1.54M | 0.68% | −3,362−33.6% | Reduced |
| Handelsbanken Fonder AB | 6,680 | $1.55M | 0.00% | −1,220−15.4% | Reduced |
| Zurcher Kantonalbank (Zurich Cantonalbank) | 6,681 | $1.55M | 0.00% | +2,216+49.6% | Added |
| Legato Capital Management LLC | 6,738 | $1.57M | 0.13% | +1,986+41.8% | Added |
| State of Tennessee, Treasury Department | 8,636 | $1.64M | 0.01% | −369−4.1% | Reduced |
| Public Employees Retirement System of Ohio | 7,121 | $1.66M | 0.01% | −254−3.4% | Reduced |
| Jump Financial, LLC | 8,126 | $1.89M | 0.02% | −18,008−68.9% | Reduced |
| Nisa Investment Advisors, LLC | 8,131 | $1.89M | 0.01% | −2,315−22.2% | Reduced |
| Stifel Financial Corp | 8,414 | $1.96M | 0.00% | −2,182−20.6% | Reduced |
| Parnassus Investments | 8,438 | $1.96M | 0.01% | +1,050+14.2% | Added |
| Daiwa Securities Group Inc. | 8,566 | $1.99M | 0.01% | −1,051−10.9% | Reduced |
| Vident Advisory, LLC | 8,681 | $2.02M | 0.02% | +110+1.3% | Added |
| Davidson Kahn Capital Management, LLC | 9,170 | $2.13M | 1.11% | −9−0.1% | Reduced |
| King Luther Capital Management Corp | 9,184 | $2.14M | 0.01% | +1,440+18.6% | Added |
| Treasurer of the State of North Carolina | 9,208 | $2.14M | 0.01% | −673−6.8% | Reduced |
| New York State Teachers Retirement System | 9,340 | $2.17M | 0.00% | +200+2.2% | Added |
| State of New Jersey Common Pension Fund D | 9,457 | $2.20M | 0.01% | +1,578+20.0% | Added |
| Police & Firemen's Retirement System of New Jersey | 9,459 | $2.20M | 0.02% | −120−1.3% | Reduced |
| Prudential Financial Inc | 9,439 | $2.22M | 0.00% | −10,549−52.8% | Reduced |
| Mutual of America Capital Management LLC | 9,602 | $2.23M | 0.02% | −961−9.1% | Reduced |
| Johnson Investment Counsel Inc | 9,813 | $2.28M | 0.02% | 00.0% | Unchanged |
| Jupiter Asset Management Ltd | 10,309 | $2.40M | 0.02% | +659+6.8% | Added |
| Virginia Retirement Systems Et Al | 10,431 | $2.43M | 0.01% | +1,410+15.6% | Added |
| Amalgamated Bank | 10,943 | $2.55M | 0.02% | −125−1.1% | Reduced |
| Illinois Municipal Retirement Fund | 11,166 | $2.60M | 0.03% | +1,972+21.4% | Added |
| BNP Paribas Arbitrage, SA | 11,337 | $2.64M | 0.00% | +8,939+372.8% | Added |
| Commerce Bank | 11,493 | $2.67M | 0.01% | +9,553+492.4% | Added |
| Y-Intercept (Hong Kong) Ltd | 12,268 | $2.85M | 0.06% | +10,619+644.0% | Added |
| MetLife Investment Management | 12,317 | $2.87M | 0.01% | −465−3.6% | Reduced |
| Teacher Retirement System of Texas | 12,695 | $2.95M | 0.01% | +1,361+12.0% | Added |
| Agf Management Ltd | 12,920 | $3.01M | 0.01% | +965+8.1% | Added |
| Citigroup Inc | 13,212 | $3.07M | 0.00% | −2,429−15.5% | Reduced |