DaveManuel.com · Institutional Ownership · Who Owns It
APPFOLIO INC (APPF)
Institutional ownership reported to the SEC as of Q2 2026, across 32 quarters.
401
Reporting holders
$3.8B
Reported value
0.7%
Calls
0.4%
Puts
-6
Holder change
Calls and puts are the parts of reported value carried in derivative lines rather than shares, and they point in opposite directions: a manager holding calls is positioned for the security, one holding puts against it - or hedging shares they already own, which is why index funds carry so many. Most sites add the two together and report one figure, which averages away the only interesting part.
Holders
| Filer | Value | Shares | Their book | Held | Change |
|---|---|---|---|---|---|
| BlackRock, Inc. | $424.3M | 2,645,927 | 0.01% | 8q | +3.9%+$15.8M |
| PRINCIPAL FINANCIAL GROUP INC | $257.4M | 1,605,135 | 0.13% | 31q | +6.6%+$15.9M |
| VANGUARD PORTFOLIO MANAGEMENT LLC | $238.9M | 1,490,058 | 0.01% | 2q | HELD |
| Ashe Capital Management, LP | $168.0M | 1,047,915 | 18.04% | 31q | HELD |
| VANGUARD CAPITAL MANAGEMENT LLC | $167.0M | 1,041,438 | 0.00% | 2q | -0.6%-$1.0M |
| STATE STREET CORP | $122.8M | 766,131 | 0.00% | 31q | +6.2%+$7.1M |
| WILLIAM BLAIR INVESTMENT MANAGEMENT, LLC | $115.7M | 721,826 | 0.35% | 6q | +12.2%+$12.6M |
| LONDON CO OF VIRGINIA | $112.8M | 703,151 | 0.64% | new | NEW |
| PRICE T ROWE ASSOCIATES INC /MD/ | $112.3M | 700,358 | 0.01% | 26q | +36.4%+$30.0M |
| Nellore Capital Management LLC | $105.0M | 654,865 | 11.66% | 18q | +2.9%+$3.0M |
| MORGAN STANLEY | $93.3M | 581,826 | 0.00% | 35q | +89.3%+$44.0M |
| GEODE CAPITAL MANAGEMENT, LLC | $81.8M | 509,837 | 0.00% | 31q | +0.7%+$569.1K |
| Lead Edge Capital Management, LLC | $64.1M | 399,656 | 11.64% | 2q | +90.1%+$30.4M |
| NEUBERGER BERMAN GROUP LLC | $63.2M | 394,158 | 0.04% | 7q | +26072.5%+$63.0M |
| KAYNE ANDERSON RUDNICK INVESTMENT MANAGEMENT LLC | $56.4M | 351,847 | 0.18% | 7q | -22.6%-$16.5M |
| Keenan Capital, LLC | $53.6M | 334,557 | 10.61% | 2q | HELD |
| Invesco Ltd. | $53.6M | 334,088 | 0.00% | 31q | +216.0%+$36.6M |
| DIMENSIONAL FUND ADVISORS LP | $51.6M | 321,989 | 0.01% | 31q | +8.6%+$4.1M |
| DF DENT & CO INC | $51.1M | 318,951 | 0.97% | 15q | HELD |
| LONG WALK MANAGEMENT LP | $48.9M | 304,875 | 11.09% | 21q | +49.1%+$16.1M |
| BANK OF AMERICA CORP /DE/ | $47.6M | 297,074 | 0.00% | 31q | -14.0%-$7.8M |
| Caledonia (Private) Investments Pty Ltd | $46.6M | 290,462 | 1.59% | 5q | -11.5%-$6.1M |
| Greenstone Partners & Co., LLC | $43.9M | 273,617 | 10.14% | 23q | HELD |
| NORTHERN TRUST CORP | $43.2M | 269,597 | 0.01% | 31q | +1.3%+$553.5K |
| FMR LLC | $40.3M | 251,067 | 0.00% | 30q | +95.5%+$19.7M |
| GILDER GAGNON HOWE & CO LLC | $40.1M | 250,264 | 0.41% | 30q | -5.7%-$2.4M |
| JENNISON ASSOCIATES LLC | $38.2M | 238,166 | 0.02% | 12q | +212.9%+$26.0M |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP | $37.5M | 234,100 | 0.02% | 12q | -39.1%-$24.1M |
| WELLINGTON MANAGEMENT GROUP LLP | $36.1M | 224,904 | 0.01% | new | NEW |
| RENAISSANCE TECHNOLOGIES LLC | $29.8M | 185,840 | 0.04% | 18q | -18.2%-$6.6M |
| NATIXIS ADVISORS, LLC | $27.6M | 172,167 | 0.03% | 14q | +403.6%+$22.1M |
| JONES FINANCIAL COMPANIES LLLP | $27.5M | 176,922 | 0.01% | 9q | +436.0%+$22.4M |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC | $26.5M | 165,025 | 0.00% | 31q | HELD |
| VANGUARD FIDUCIARY TRUST CO | $24.8M | 154,922 | 0.01% | 2q | +0.9%+$230.9K |
| Bank of New York Mellon Corp | $23.5M | 146,702 | 0.00% | 31q | -8.2%-$2.1M |
| WELLS FARGO & COMPANY/MN | $22.7M | 141,316 | 0.00% | 31q | +47.0%+$7.2M |
| Caisse de depot et placement du Quebec | $22.1M | 137,947 | 0.03% | 7q | -9.6%-$2.3M |
| UBS Group AG | $22.1M | 137,692 | 0.00% | 31q | +37.5%+$6.0M |
| FIRST TRUST ADVISORS LP | $20.6M | 128,660 | 0.01% | 31q | +4.6%+$903.4K |
| AMERIPRISE FINANCIAL INC | $20.5M | 128,132 | 0.00% | 26q | -1.7%-$359.2K |
| Fiera Capital Corp | $20.2M | 126,117 | 0.07% | 6q | -42.8%-$15.1M |
| GW&K Investment Management, LLC | $20.1M | 125,191 | 0.16% | 14q | -1.2%-$240.5K |
| FEDERATED HERMES, INC. | $19.9M | 123,852 | 0.03% | 18q | +5375.3%+$19.5M |
| Sone Capital Management, LLC | $18.6M | 116,251 | 1.42% | 4q | -13.1%-$2.8M |
| ROYAL BANK OF CANADA | $17.4M | 108,539 | 0.00% | 31q | +106.9%+$9.0M |
| JPMORGAN CHASE & CO | $17.1M | 108,071 | 0.00% | 31q | HELD |
| Point72 Asset Management, L.P. | $16.2M | 101,162 | 0.02% | 2q | +428.7%+$13.2M |
| BROWN CAPITAL MANAGEMENT LLC | $16.0M | 99,549 | 3.19% | 29q | -7.9%-$1.4M |
| RAYMOND JAMES FINANCIAL INC | $15.6M | 97,598 | 0.00% | 7q | -7.1%-$1.2M |
| NORGES BANK | $15.3M | 95,576 | 0.00% | 25q | -2.4%-$384.8K |
| CROSSLINK CAPITAL INC | $15.0M | 93,340 | 1.11% | 3q | +30.6%+$3.5M |
| TenCore Partners, LP | $14.2M | 88,270 | 11.02% | 2q | -19.7%-$3.5M |
| ENVESTNET ASSET MANAGEMENT INC | $14.1M | 87,957 | 0.00% | 31q | +25.6%+$2.9M |
| Langdon Equity Partners | $13.6M | 85,000 | 7.62% | 2q | +141.1%+$8.0M |
| GROUP ONE TRADING LLC | $12.2M CALL | options only | 0.02% | 5q | OPTIONS |
| HMI Capital Management, L.P. | $12.0M | 75,000 | 1.69% | new | NEW |
| Nuveen, LLC | $11.8M | 73,301 | 0.00% | 6q | -5.0%-$622.3K |
| Tensile Capital Management LP | $11.7M | 73,000 | 1.62% | 2q | +37.7%+$3.2M |
| MILLENNIUM MANAGEMENT LLC | $11.1M | 69,418 | 0.00% | 13q | -51.1%-$11.6M |
| JANE STREET GROUP, LLC | $10.7M CALL+PUT | options only | 0.00% | 12q | OPTIONS |
| GOLDMAN SACHS GROUP INC | $10.6M | 66,103 | 0.00% | 31q | -40.4%-$7.2M |
| RHUMBLINE ADVISERS | $10.1M | 63,170 | 0.01% | 31q | -1.7%-$172.9K |
| NEW YORK STATE COMMON RETIREMENT FUND | $10.0M | 62,335 | 0.01% | 31q | +3.1%+$299.4K |
| LOOMIS SAYLES & CO L P | $9.7M | 60,685 | 0.01% | 3q | -2.6%-$261.9K |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC | $9.3M | 58,195 | 0.00% | 29q | +0.7%+$66.9K |
| ZEVENBERGEN CAPITAL INVESTMENTS LLC | $9.2M | 57,300 | 0.21% | 9q | +49.6%+$3.0M |
| Ranger Investment Management, L.P. | $9.1M | 56,689 | 0.58% | 30q | -42.5%-$6.7M |
| Gotham Asset Management, LLC | $9.0M | 55,947 | 0.02% | 31q | +208.3%+$6.1M |
| EULAV Asset Management | $8.9M | 55,460 | 0.28% | 10q | HELD |
| CITADEL ADVISORS LLC | $8.7M CALL+PUT | options only | 0.00% | 31q | OPTIONS |
| Quantinno Capital Management LP | $8.5M | 53,018 | 0.01% | 6q | +5.1%+$413.2K |
| RIVERBRIDGE PARTNERS LLC | $8.2M | 50,837 | 0.23% | 2q | -42.3%-$6.0M |
| ROYCE & ASSOCIATES LP | $7.9M | 49,159 | 0.06% | new | NEW |
| Granite Investment Partners, LLC | $7.7M | 47,738 | 0.39% | 2q | -2.1%-$166.1K |
| Atika Capital Management LLC | $7.6M | 47,500 | 0.50% | 13q | HELD |
| Swiss National Bank | $7.4M | 46,360 | 0.00% | 29q | +6.9%+$481.1K |
| Russell Investments Group, Ltd. | $7.0M | 43,792 | 0.01% | 31q | -63.3%-$12.1M |
| Creative Planning | $6.5M | 40,300 | 0.00% | 10q | -0.6%-$38.8K |
| Assenagon Asset Management S.A. | $6.2M | 38,606 | 0.00% | new | NEW |
| BLAIR WILLIAM & CO/IL | $6.0M | 37,389 | 0.02% | 31q | -26.1%-$2.1M |
| CANADA LIFE ASSURANCE Co | $5.7M | 35,596 | 0.01% | 27q | +6.0%+$323.6K |
| Legal & General Group Plc | $4.9M | 30,867 | 0.00% | 31q | +1.4%+$67.0K |
| Squarepoint Ops LLC | $4.9M | 30,438 | 0.01% | 11q | -62.3%-$8.1M |
| Balyasny Asset Management L.P. | $4.5M | 28,239 | 0.01% | 3q | +887.0%+$4.1M |
| Baker Avenue Asset Management, LP | $4.4M | 27,360 | 0.08% | 16q | +74.4%+$1.9M |
| JACOBS LEVY EQUITY MANAGEMENT, INC | $4.3M | 26,708 | 0.02% | 11q | -92.7%-$54.6M |
| ALLIANCEBERNSTEIN L.P. | $4.2M | 26,851 | 0.00% | 31q | +2.0%+$81.9K |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM | $4.2M | 26,296 | 0.00% | 31q | +2.1%+$85.0K |
| XTX Topco Ltd | $4.2M | 26,230 | 0.05% | 5q | -37.0%-$2.5M |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | $4.2M CALL+PUT | options only | 0.00% | 31q | OPTIONS |
| NORDEA INVESTMENT MANAGEMENT AB | $4.1M | 26,183 | 0.00% | 3q | -28.7%-$1.7M |
| Retirement Systems of Alabama | $4.0M | 24,854 | 0.01% | 10q | -16.7%-$798.5K |
| STATE BOARD OF ADMINISTRATION OF FLORIDA RETIREMENT SYSTEM | $3.8M | 23,899 | 0.01% | 31q | +31.8%+$925.7K |
| VANGUARD ASSET MANAGEMENT, Ltd | $3.8M | 23,678 | 0.00% | 2q | +21.5%+$670.7K |
| LOS ANGELES CAPITAL MANAGEMENT LLC | $3.7M | 22,833 | 0.01% | 4q | +24451.6%+$3.6M |
| Advisors Capital Management, LLC | $3.2M | 20,176 | 0.03% | 14q | +1.8%+$56.4K |
| Orion Porfolio Solutions, LLC | $3.1M | 19,187 | 0.02% | 14q | +56.0%+$1.1M |
| Davidson Kahn Capital Management, LLC | $3.0M | 18,930 | 1.30% | 6q | +6.9%+$196.3K |
| BNP PARIBAS ASSET MANAGEMENT Holding S.A. | $3.0M | 18,922 | 0.00% | 5q | +4352.2%+$3.0M |
| FRANKLIN RESOURCES INC | $3.0M | 18,782 | 0.00% | 13q | -3.7%-$114.7K |
Showing the largest 100 of 401 reported holders.
What the insiders did
Open market purchases and sales reported on Form 4 in the last 180 days. Grants, option exercises and shares surrendered to cover tax are left out: they are compensation rather than a decision to buy or sell. Where a broker filled one order in tranches the lines are summed, because it was one decision.
Ten percent owners and entities
Usually an institution that crossed a reporting threshold, or a company taking a strategic stake, rather than an individual with a view.
| Date | Insider | Role | Side | Shares | Value |
|---|---|---|---|---|---|
| 2026-08-14 | DUCA MAURICE J | 10% owner | Sold | 10,700 | $2.2M ×18 |
| 2026-08-10 | DUCA MAURICE J | 10% owner | Sold | 10,700 | $2.1M ×15 |
| 2026-08-12 | DUCA MAURICE J | 10% owner | Sold | 10,700 | $2.1M ×18 |
| 2026-08-04 | DUCA MAURICE J | 10% owner | Sold | 10,700 | $2.1M ×27 |
| 2026-08-06 | DUCA MAURICE J | 10% owner | Sold | 10,700 | $2.1M ×15 |
| 2026-08-03 | DUCA MAURICE J | 10% owner | Sold | 10,700 | $2.0M ×15 |
Quarter by quarter
Coverage begins with the quarter ending 2018-12-31. Earlier filings exist only as occasional late amendments, too sparse to describe a market, so they are not shown.
| Quarter | Holders | Value | Shares | New | Added | Trimmed | Options |
|---|---|---|---|---|---|---|---|
| Q3 2026 | 110 | $98.0M | 492,210 | 22 | 31 | 25 | 0.0% |
| Q2 2026 | 401 | $3.8B | 23,566,223 | 60 | 155 | 133 | 1.1% |
| Q1 2026 | 407 | $3.4B | 21,621,423 | 72 | 183 | 101 | 0.9% |
| Q4 2025 | 410 | $5.0B | 20,966,140 | 45 | 152 | 128 | 1.5% |
| Q3 2025 | 417 | $5.7B | 20,226,489 | 76 | 129 | 135 | 1.5% |
| Q2 2025 | 390 | $4.8B | 20,646,186 | 62 | 108 | 147 | 0.6% |
| Q1 2025 | 385 | $4.4B | 19,967,836 | 68 | 130 | 124 | 0.5% |
| Q4 2024 | 390 | $4.7B | 19,055,420 | 45 | 125 | 129 | 0.4% |
| Q3 2024 | 388 | $4.6B | 19,304,917 | 58 | 149 | 124 | 0.8% |
| Q2 2024 | 393 | $4.7B | 19,385,775 | 69 | 133 | 123 | 0.7% |
| Q1 2024 | 367 | $5.3B | 21,001,312 | 112 | 117 | 93 | 1.4% |
| Q4 2023 | 296 | $3.2B | 18,156,064 | 59 | 108 | 74 | 1.3% |
| Q3 2023 | 251 | $3.1B | 16,652,751 | 58 | 88 | 57 | 0.8% |
| Q2 2023 | 216 | $2.8B | 16,179,246 | 42 | 70 | 63 | 0.6% |
| Q1 2023 | 196 | $2.1B | 16,469,827 | 32 | 73 | 52 | 0.5% |
| Q4 2022 | 191 | $1.7B | 15,863,429 | 47 | 57 | 54 | 0.4% |
| Q3 2022 | 154 | $1.8B | 16,983,405 | 22 | 41 | 56 | 0.4% |
| Q2 2022 | 150 | $78.3B | 863,228,878 | 14 | 55 | 53 | 0.0% |
| Q1 2022 | 167 | $88.4B | 780,471,893 | 42 | 44 | 49 | 0.0% |
| Q4 2021 | 147 | $2.6B | 21,199,718 | 12 | 53 | 42 | 0.3% |
| Q3 2021 | 150 | $2.6B | 21,453,343 | 18 | 63 | 35 | 0.3% |
| Q2 2021 | 158 | $3.1B | 21,723,595 | 21 | 54 | 49 | 0.4% |
| Q1 2021 | 158 | $2.9B | 20,664,432 | 19 | 50 | 51 | 0.6% |
| Q4 2020 | 180 | $3.6B | 19,606,763 | 29 | 66 | 49 | 0.9% |
| Q3 2020 | 182 | $5.7B | 40,135,193 | 37 | 46 | 62 | 0.4% |
| Q2 2020 | 159 | $3.2B | 19,595,464 | 38 | 52 | 52 | 0.8% |
| Q1 2020 | 142 | $2.9B | 25,941,393 | 33 | 36 | 47 | 0.4% |
| Q4 2019 | 128 | $2.0B | 17,785,491 | 22 | 46 | 29 | 0.7% |
| Q3 2019 | 130 | $1.7B | 17,504,772 | 14 | 46 | 37 | 0.6% |
| Q2 2019 | 146 | $1.7B | 16,604,280 | 30 | 29 | 58 | 1.6% |
| Q1 2019 | 135 | $1.4B | 18,059,514 | 29 | 38 | 41 | 0.5% |
| Q4 2018 | 118 | $922.5M | 15,569,567 | 2 | 0 | 3 | 0.0% |