Reported 572,007 shares, up 62,347 (12.2%) from the prior quarter.
Reported value 19.1%; share count 12.2% vs. the prior quarter.
Reported position value by quarter
Each bar is a Form 13-F quarter-end snapshot. It does not show trades made within the quarter.
| Date | Holding Value |
|---|---|
| 2022-09-30 | 7193000 |
| 2022-12-31 | 52391142 |
| 2023-03-31 | 60811965 |
| 2023-06-30 | 87732872 |
| 2023-09-30 | 104465638 |
| 2023-12-31 | 91538110 |
| 2024-03-31 | 113534944 |
| 2024-06-30 | 87772015 |
| 2024-09-30 | 43508040 |
| 2024-12-31 | 3832795 |
| 2025-03-31 | 1643313 |
| 2025-06-30 | 0 |
Quarterly position history
How this manager's reported quarter-end position changed over time.
| Quarter | Activity | Shares | Change | % of reported 13F | Reported value | Filed | Source filing |
|---|---|---|---|---|---|---|---|
| Q2 2025 | Reduced | 0 | -7,473 (-100.0%) | 0 | $0 | 2025-08-14 | |
| Q1 2025 | Reduced | 7,473 | -8,062 (-51.9%) | < 0.01% | $1,643,313 | 2025-05-16 | |
| Q4 2024 | Reduced | 15,535 | -169,291 (-91.6%) | 0.02% | $3,832,795 | 2025-02-14 | |
| Q3 2024 | Reduced | 184,826 | -174,057 (-48.5%) | 0.21% | $43,508,040 | 2024-11-14 | |
| Q2 2024 | Reduced | 358,883 | -101,257 (-22.0%) | 0.43% | $87,772,015 | 2024-08-14 | |
| Q1 2024 | Reduced | 460,140 | -68,249 (-12.9%) | 0.56% | $113,534,944 | 2024-05-15 | |
| Q4 2023 | Reduced | 528,389 | -43,618 (-7.6%) | 0.49% | $91,538,110 | 2024-02-14 | |
| Q3 2023 | Added | 572,007 | +62,347 (12.2%) | 0.6% | $104,465,638 | 2023-11-14 | |
| Q2 2023 | Added | 509,660 | +21,132 (4.3%) | 0.45% | $87,732,872 | 2023-08-14 | |
| Q1 2023 | Reduced | 488,528 | -8,636 (-1.7%) | 0.33% | $60,811,965 | 2023-05-15 | |
| Q4 2022 | Added | 497,164 | +428,479 (623.8%) | 0.28% | $52,391,142 | 2023-02-14 | |
| Q3 2022 | New | 68,685 | +68,685 (0.0%) | 0.04% | $7,193,000 | 2022-11-15 |
Who else reported the position
269 managers reported APPFOLIO INC for Q3 2023.
| Manager | Activity | Shares | Change | % of reported 13F | Reported value | Tenure |
|---|---|---|---|---|---|---|
| VANGUARD GROUP INC | Added | 2,001,727 | +46,827 | < 0.01% | $365,575,403 | 34 qtrs |
| BROWN CAPITAL MANAGEMENT LLC | Reduced | 1,810,598 | -183,377 | 5.07% | $330,669,513 | 18 qtrs |
| Ashe Capital Management LP | Unchanged | 1,639,403 | 0 | 24.87% | $299,404,170 | 29 qtrs |
| BlackRock Inc | Added | 1,550,203 | +26,030 | < 0.01% | $283,113,573 | 30 qtrs |
| Echo Street Capital Management LLC | Reduced | 862,697 | -754,716 | 1.47% | $157,554,353 | 20 qtrs |
| FRED ALGER MANAGEMENT LLC This report | Added | 572,007 | +62,347 | 0.6% | $104,465,638 | 5 qtrs |
| STATE STREET CORPORATION | Added | 419,618 | +3,873 | < 0.01% | $76,634,835 | 33 qtrs |
| GILDER GAGNON HOWE & CO LLC | Added | 406,026 | +19,495 | 1.13% | $74,152,574 | 19 qtrs |
| GEODE CAPITAL MANAGEMENT LLC | Added | 405,554 | +20,124 | < 0.01% | $74,075,683 | 33 qtrs |
| DF DENT & CO INC | Reduced | 363,899 | -4,720 | 0.97% | $66,458,790 | 4 qtrs |
Filing details and methodology As reported
- Report period
- September 30, 2023
- Filed
- November 14, 2023
- Filing type
- 13F-HR
- Position type
- Common
Voting authority reported
- Sole
- 572,007
- Shared
- 0
- None
- 0
“None” means the manager reported no voting authority for those shares on non-routine matters. It does not disclose why and is not evidence of securities lending.
Form 13-F is a delayed quarter-end snapshot of disclosed long Section 13(f) securities. It can be filed up to 45 days after quarter end, excludes short positions and most non-U.S. securities, and does not reveal intra-quarter trading. For options, reported shares and value describe the underlying-share exposure; strike, expiry, premium, and written positions are not disclosed.