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 |
|---|---|---|---|---|---|
| Kerrisdale Advisers, LLC | 16,016 | $3.73M | 1.76% | +1,238+8.4% | Added |
| Baker Avenue Asset Management, LP | 15,330 | $3.57M | 0.08% | −821−5.1% | Reduced |
| EFG International AG | 14,145 | $3.29M | 0.06% | +14,145 | New |
| Brinker Capital Investments, LLC | 14,149 | $3.29M | 0.02% | −806−5.4% | Reduced |
| Citigroup Inc | 13,212 | $3.07M | 0.00% | −2,429−15.5% | Reduced |
| Agf Management Ltd | 12,920 | $3.01M | 0.01% | +965+8.1% | Added |
| Teacher Retirement System of Texas | 12,695 | $2.95M | 0.01% | +1,361+12.0% | Added |
| MetLife Investment Management | 12,317 | $2.87M | 0.01% | −465−3.6% | Reduced |
| Y-Intercept (Hong Kong) Ltd | 12,268 | $2.85M | 0.06% | +10,619+644.0% | Added |
| Commerce Bank | 11,493 | $2.67M | 0.01% | +9,553+492.4% | Added |
| BNP Paribas Arbitrage, SA | 11,337 | $2.64M | 0.00% | +8,939+372.8% | Added |
| Illinois Municipal Retirement Fund | 11,166 | $2.60M | 0.03% | +1,972+21.4% | Added |
| Amalgamated Bank | 10,943 | $2.55M | 0.02% | −125−1.1% | Reduced |
| Virginia Retirement Systems Et Al | 10,431 | $2.43M | 0.01% | +1,410+15.6% | Added |
| Jupiter Asset Management Ltd | 10,309 | $2.40M | 0.02% | +659+6.8% | Added |
| Johnson Investment Counsel Inc | 9,813 | $2.28M | 0.02% | 00.0% | Unchanged |
| Mutual of America Capital Management LLC | 9,602 | $2.23M | 0.02% | −961−9.1% | Reduced |
| Prudential Financial Inc | 9,439 | $2.22M | 0.00% | −10,549−52.8% | Reduced |
| Police & Firemen's Retirement System of New Jersey | 9,459 | $2.20M | 0.02% | −120−1.3% | Reduced |
| State of New Jersey Common Pension Fund D | 9,457 | $2.20M | 0.01% | +1,578+20.0% | Added |
| New York State Teachers Retirement System | 9,340 | $2.17M | 0.00% | +200+2.2% | Added |
| Treasurer of the State of North Carolina | 9,208 | $2.14M | 0.01% | −673−6.8% | Reduced |
| King Luther Capital Management Corp | 9,184 | $2.14M | 0.01% | +1,440+18.6% | Added |
| Davidson Kahn Capital Management, LLC | 9,170 | $2.13M | 1.11% | −9−0.1% | Reduced |
| Vident Advisory, LLC | 8,681 | $2.02M | 0.02% | +110+1.3% | Added |
| Daiwa Securities Group Inc. | 8,566 | $1.99M | 0.01% | −1,051−10.9% | Reduced |
| Parnassus Investments | 8,438 | $1.96M | 0.01% | +1,050+14.2% | Added |
| Stifel Financial Corp | 8,414 | $1.96M | 0.00% | −2,182−20.6% | Reduced |
| Nisa Investment Advisors, LLC | 8,131 | $1.89M | 0.01% | −2,315−22.2% | Reduced |
| Jump Financial, LLC | 8,126 | $1.89M | 0.02% | −18,008−68.9% | Reduced |
| Public Employees Retirement System of Ohio | 7,121 | $1.66M | 0.01% | −254−3.4% | Reduced |
| State of Tennessee, Treasury Department | 8,636 | $1.64M | 0.01% | −369−4.1% | Reduced |
| Legato Capital Management LLC | 6,738 | $1.57M | 0.13% | +1,986+41.8% | Added |
| Zurcher Kantonalbank (Zurich Cantonalbank) | 6,681 | $1.55M | 0.00% | +2,216+49.6% | Added |
| Handelsbanken Fonder AB | 6,680 | $1.55M | 0.00% | −1,220−15.4% | Reduced |
| Custom Index Systems, LLC | 6,640 | $1.54M | 0.68% | −3,362−33.6% | Reduced |
| Yousif Capital Management, LLC | 7,103 | $1.50M | 0.02% | −51−0.7% | 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 |
| Assetmark, Inc | 6,221 | $1.45M | 0.00% | −408−6.2% | Reduced |
| Teachers Retirement System of the State of Kentucky | 6,200 | $1.44M | 0.01% | 00.0% | Unchanged |
| Comerica Bank | 6,159 | $1.43M | 0.01% | −569−8.5% | Reduced |
| Arizona State Retirement System | 6,039 | $1.40M | 0.01% | −418−6.5% | Reduced |
| Evanson Asset Management, LLC | 6,000 | $1.40M | 0.08% | 00.0% | Unchanged |
| D. E. Shaw & Co., Inc. | 5,873 | $1.37M | 0.00% | −2,389−28.9% | Reduced |
| Gotham Asset Management, LLC | 5,794 | $1.35M | 0.00% | +2,212+61.8% | Added |
| Commonwealth of Pennsylvania Public School Empls Retrmt Sys | 5,774 | $1.34M | 0.01% | −96−1.6% | Reduced |
| Envestnet Portfolio Solutions, Inc. | 5,615 | $1.31M | 0.00% | +69+1.2% | Added |
| Quantbot Technologies LP | 5,560 | $1.29M | 0.04% | +4,259+327.4% | Added |
| Zions Bancorporation, National Association | 5,524 | $1.29M | 0.06% | −346−5.9% | Reduced |
| State of Michigan Retirement System | 5,500 | $1.28M | 0.01% | +100+1.9% | Added |
| Universal- Beteiligungs- und Servicegesellschaft mbH | 5,423 | $1.26M | 0.00% | −1,402−20.5% | Reduced |
| State of Alaska, Department of Revenue | 5,379 | $1.25M | 0.01% | +1,809+50.7% | Added |
| NorthCrest Asset Manangement, LLC | 5,295 | $1.24M | 0.03% | +905+20.6% | Added |
| Caption Management, LLC | 5,300 | $1.23M | 0.05% | +5,300 | New |
| New Age Alpha Advisors, LLC | 5,299 | $1.23M | 0.05% | +307+6.1% | Added |
| Twin Tree Management, LP | 5,244 | $1.22M | 0.12% | +5,244 | New |
| Northwestern Mutual Investment Management Company, LLC | 5,162 | $1.20M | 0.01% | +64+1.3% | Added |
| First Citizens Bank & Trust Co | 5,095 | $1.19M | 0.02% | +117+2.4% | Added |
| Quent Capital, LLC | 5,030 | $1.17M | 0.08% | +5,008+22,763.6% | Added |
| South Dakota Investment Council | 4,860 | $1.13M | 0.02% | −440−8.3% | Reduced |
| JustInvest LLC | 4,639 | $1.08M | 0.01% | +1,336+40.4% | Added |
| Oregon Public Employees Retirement Fund | 4,596 | $1.07M | 0.01% | −18−0.4% | Reduced |
| Xponance, Inc. | 4,577 | $1.06M | 0.01% | −271−5.6% | Reduced |
| Verdence Capital Advisors LLC | 4,431 | $1.03M | 0.06% | +36+0.8% | Added |
| Commonwealth Equity Services, LLC | 4,311 | $1.00M | 0.00% | +154+3.7% | Added |
| Oppenheimer Asset Management Inc. | 4,274 | $994.3K | 0.01% | −432−9.2% | Reduced |
| Ameritas Investment Partners, Inc. | 4,229 | $983.9K | 0.03% | −58−1.4% | Reduced |
| New Mexico Educational Retirement Board | 4,200 | $977.0K | 0.03% | 00.0% | Unchanged |
| Susquehanna International Group, LLP | 4,170 | $970.2K | 0.00% | +4,170 | New |
| Index Technologies Group LLC | 4,030 | $937.6K | 0.98% | +4,030 | New |
| Alpha Wealth Funds, LLC | 4,000 | $921.5K | 0.62% | +100+2.6% | Added |
| M&T Bank Corp | 3,933 | $915.0K | 0.00% | −1,581−28.7% | Reduced |
| Axq Capital, LP | 3,840 | $893.4K | 0.20% | +3,840 | New |
| Atria Investments LLC | 3,820 | $888.7K | 0.01% | −209−5.2% | Reduced |
| Resona Asset Management Co.,Ltd. | 3,739 | $869.9K | 0.00% | −132−3.4% | Reduced |
| Azzad Asset Management Inc | 3,711 | $863.3K | 0.08% | −114−3.0% | Reduced |
| Martingale Asset Management L P | 3,573 | $831.3K | 0.02% | −409−10.3% | Reduced |
| Los Angeles Capital Management LLC | 3,523 | $830.4K | 0.00% | +1,230+53.6% | Added |
| Pacer Advisors, Inc. | 3,566 | $829.6K | 0.00% | +536+17.7% | Added |
| Graham Capital Management, L.P. | 3,555 | $827.1K | 0.03% | +1,291+57.0% | Added |
| Truist Financial Corp | 3,499 | $814.0K | 0.00% | −429−10.9% | Reduced |
| Wiley Bros.-Aintree Capital, LLC | 3,469 | $805.1K | 0.00% | −55−1.6% | Reduced |
| Pictet Asset Management Holding SA | 3,395 | $789.8K | 0.00% | +219+6.9% | Added |
| LVZ Advisors, Inc. | 3,313 | $770.8K | 0.09% | +442+15.4% | Added |
| SG Americas Securities, LLC | 3,287 | $765.0K | 0.00% | −1,982−37.6% | Reduced |
| Stansberry Asset Management, LLC | 3,168 | $737.0K | 0.07% | +3,168 | New |
| Three Seasons Wealth, LLC | 3,138 | $730.1K | 0.07% | +3,138 | New |
| Entropy Technologies, LP | 3,110 | $723.5K | 0.04% | +3,110 | New |
| State of Wyoming | 3,082 | $717.0K | 0.08% | +1,886+157.7% | Added |
| Cerity Partners LLC | 3,064 | $712.8K | 0.00% | +1,691+123.2% | Added |
| Bank of Montreal | 3,029 | $704.7K | 0.00% | +20+0.7% | Added |
| Ensign Peak Advisors, Inc | 3,006 | $699.3K | 0.00% | −1,457−32.6% | Reduced |
| DGS Capital Management, LLC | 2,725 | $634.0K | 0.11% | −17−0.6% | Reduced |
| Ami Asset Management Corp | 2,712 | $630.9K | 0.04% | +10.0% | Added |
| Deutsche Bank AG | 2,710 | $630.5K | 0.00% | +53+2.0% | Added |
| Callan Family Office, LLC | 2,680 | $623.5K | 0.01% | +1,870+230.9% | Added |
| Simplex Trading, LLC | 2,632 | $612.3K | 0.02% | +2,198+506.5% | Added |
| Cetera Investment Advisers | 2,574 | $598.8K | 0.00% | −118−4.4% | Reduced |
| The PNC Financial Services Group, Inc. | 2,524 | $587.2K | 0.00% | −149−5.6% | Reduced |