APPFOLIO INC CLASS A
| Fund | Previous Shares | Current Shares ▲▼ | Change in Shares ▲▼ | Previous Portfolio Weightage (%) | Current Portfolio Weightage (%) ▲▼ | Change in Weight (%) | Type |
|---|---|---|---|---|---|---|---|
| JACOBS LEVY EQUITY MANAGEMENT, INC | 186,393 | 367,128 | +180,735 | 0.17 | 0.24 | +0.08 | buy |
| Nellore Capital Management LLC | 529,696 | 636,302 | +106,606 | 13.80 | 12.83 | -0.96 | buy |
| Greenstone Partners & Co., LLC | 187,609 | 273,497 | +85,888 | 8.48 | 10.93 | +2.44 | buy |
| Sone Capital Management, LLC | 64,542 | 133,705 | +69,163 | 1.22 | 1.77 | +0.55 | buy |
| CROSSLINK CAPITAL INC | 25,025 | 71,490 | +46,465 | 0.45 | 1.10 | +0.65 | buy |
| Edgestream Partners, L.P. | 36,779 | 70,110 | +33,331 | 0.24 | 0.36 | +0.12 | buy |
| TFJ Management, LLC | 36,166 | 51,739 | +15,573 | 6.06 | 7.82 | +1.76 | buy |
| ZEVENBERGEN CAPITAL INVESTMENTS LLC | 23,800 | 38,300 | +14,500 | 0.12 | 0.17 | +0.05 | buy |
| CAISSE DE DEPOT ET PLACEMENT DU QUEBEC | 139,629 | 152,587 | +12,958 | 0.06 | 0.04 | -0.02 | buy |
| Davidson Kahn Capital Management, LLC | 9,170 | 17,706 | +8,536 | 1.11 | 1.49 | +0.38 | buy |
| AGF MANAGEMENT LTD | 12,920 | 21,073 | +8,153 | 0.01 | 0.01 | +0.00 | buy |
| Fiera Capital Corp | 213,151 | 220,357 | +7,206 | 0.16 | 0.12 | -0.04 | buy |
| Kerrisdale Advisers, LLC | 16,016 | 22,344 | +6,328 | 1.76 | 1.34 | -0.41 | buy |
| LECAP ASSET MANAGEMENT LTD | 2,233 | 7,453 | +5,220 | 0.21 | 0.44 | +0.24 | buy |
| WILLIAM BLAIR INVESTMENT MANAGEMENT, LLC | 638,241 | 643,231 | +4,990 | 0.41 | 0.34 | -0.08 | buy |
| Atika Capital Management LLC | 44,500 | 47,500 | +3,000 | 1.44 | 1.18 | -0.26 | buy |
| AXQ CAPITAL, LP | 3,840 | 6,433 | +2,593 | 0.20 | 0.13 | -0.07 | buy |
| PARNASSUS INVESTMENTS, LLC | 8,438 | 10,704 | +2,266 | 0.01 | 0.00 | -0.00 | buy |
| Retirement Systems of Alabama | 27,692 | 29,834 | +2,142 | 0.02 | 0.02 | -0.01 | buy |
| South Dakota Investment Council | 4,860 | 6,660 | +1,800 | 0.02 | 0.02 | -0.00 | buy |
| Fieldview Capital Management, LLC | 1,281 | 2,943 | +1,662 | 0.05 | 0.14 | +0.08 | buy |
| AMI ASSET MANAGEMENT CORP | 2,712 | 4,339 | +1,627 | 0.04 | 0.04 | +0.01 | buy |
| Blueshift Asset Management, LLC | 2,188 | 3,674 | +1,486 | 0.15 | 0.18 | +0.03 | buy |
| Global Endowment Management, LP | 1,603 | 2,859 | +1,256 | 0.05 | 0.05 | +0.00 | buy |
| Verdence Capital Advisors LLC | 4,431 | 5,649 | +1,218 | 0.06 | 0.05 | -0.01 | buy |
| L2 Asset Management, LLC | 1,381 | 2,582 | +1,201 | 0.04 | 0.04 | -0.00 | buy |
| NEW YORK LIFE INVESTMENT MANAGEMENT LLC | 2,043 | 2,900 | +857 | 0.00 | 0.00 | -0.00 | buy |
| Kestra Investment Management, LLC | 1,416 | 2,236 | +820 | 0.01 | 0.01 | -0.00 | buy |
| AZZAD ASSET MANAGEMENT INC /ADV | 3,711 | 4,471 | +760 | 0.08 | 0.07 | -0.01 | buy |
| JUPITER ASSET MANAGEMENT LTD | 10,309 | 10,896 | +587 | 0.02 | 0.01 | -0.01 | buy |
| MIRABELLA FINANCIAL SERVICES LLP | 1,866 | 2,426 | +560 | 0.04 | 0.04 | -0.00 | buy |
| Advisors Capital Management, LLC | 19,285 | 19,824 | +539 | 0.05 | 0.04 | -0.02 | buy |
| STANSBERRY ASSET MANAGEMENT, LLC | 3,168 | 3,603 | +435 | 0.07 | 0.06 | -0.02 | buy |
| AVIVA PLC | 2,113 | 2,538 | +425 | 0.00 | 0.00 | -0.00 | buy |
| STATE OF MICHIGAN RETIREMENT SYSTEM | 5,500 | 5,900 | +400 | 0.01 | 0.00 | -0.00 | buy |
| Quantum Portfolio Management LLC | 6,640 | 7,018 | +378 | 0.68 | 0.48 | -0.20 | buy |
| First Bank & Trust | 1,414 | 1,776 | +362 | 0.05 | 0.05 | -0.01 | buy |
| Baker Avenue Asset Management, LP | 15,330 | 15,691 | +361 | 0.08 | 0.06 | -0.03 | buy |
| Inspire Investing, LLC | 1,400 | 1,695 | +295 | 0.03 | 0.05 | +0.02 | buy |
| NORTHWESTERN MUTUAL INVESTMENT MANAGEMENT COMPANY, LLC | 5,162 | 5,452 | +290 | 0.01 | 0.01 | -0.00 | buy |
| LVZ, Inc. | 3,313 | 3,523 | +210 | 0.09 | 0.06 | -0.02 | buy |
| Linden Thomas Advisory Services, LLC | 1,509 | 1,629 | +120 | 0.04 | 0.02 | -0.01 | buy |
| JOHNSON INVESTMENT COUNSEL INC | 9,813 | 9,933 | +120 | 0.02 | 0.01 | -0.01 | buy |
| SECURIAN ASSET MANAGEMENT, INC | 1,689 | 1,794 | +105 | 0.01 | 0.01 | -0.00 | buy |
| HMS Capital Management, LLC | 1,493 | 1,597 | +104 | 0.14 | 0.10 | -0.05 | buy |
| AMERICAN NATIONAL BANK & TRUST | 26 | 55 | +29 | 0.00 | 0.00 | +0.00 | buy |
| Marquette Asset Management, LLC | 17 | 21 | +4 | 0.00 | 0.00 | -0.00 | buy |
| Rakuten Securities, Inc. | 2 | 4 | +2 | 0.00 | 0.00 | +0.00 | buy |
| CHANNEL WEALTH LLC | 16,488 | 16,486 | -2 | 0.97 | 0.63 | -0.34 | sell |
| Reyes Financial Architecture, Inc. | 285 | 251 | -34 | 0.04 | 0.03 | -0.01 | sell |
| Park Place Capital Corp | 47 | 6 | -41 | 0.00 | 0.00 | -0.00 | sell |
| FIDUCIARY TRUST CO | 1,467 | 1,360 | -107 | 0.00 | 0.00 | -0.00 | sell |
| New Age Alpha Advisors, LLC | 5,299 | 5,150 | -149 | 0.05 | 0.04 | -0.02 | sell |
| Caitlin John, LLC | 2,145 | 1,925 | -220 | 0.33 | 0.18 | -0.14 | sell |
| FIRST CITIZENS BANK & TRUST CO | 5,095 | 4,817 | -278 | 0.02 | 0.02 | -0.01 | sell |
| Bayforest Capital Ltd | 596 | 248 | -348 | 0.10 | 0.04 | -0.06 | sell |
| Quantum Capital Management, LLC / NJ | 34,366 | 33,909 | -457 | 0.93 | 0.68 | -0.24 | sell |
| Strategic Advocates LLC | 669 | 115 | -554 | 0.04 | 0.08 | +0.04 | sell |
| MARTINGALE ASSET MANAGEMENT L P | 3,573 | 3,010 | -563 | 0.02 | 0.01 | -0.01 | sell |
| Mach-1 Financial Group, LLC | 2,148 | 1,383 | -765 | 0.10 | 0.08 | -0.03 | sell |
| NORDEA INVESTMENT MANAGEMENT AB | 37,558 | 36,736 | -822 | 0.01 | 0.01 | -0.00 | sell |
| Alamar Capital Management, LLC | 17,065 | 16,025 | -1,040 | 2.19 | 1.54 | -0.65 | sell |
| Grandeur Peak Global Advisors, LLC | 2,027 | 832 | -1,195 | 0.06 | 0.03 | -0.03 | sell |
| NorthCrest Asset Manangement, LLC | 5,295 | 3,948 | -1,347 | 0.03 | 0.02 | -0.01 | sell |
| LOOMIS SAYLES & CO L P | 63,940 | 62,318 | -1,622 | 0.02 | 0.01 | -0.00 | sell |
| Caledonia (Private) Investments Pty Ltd | 332,635 | 328,277 | -4,358 | 1.48 | 1.51 | +0.02 | sell |
| Ranger Investment Management, L.P. | 114,290 | 98,630 | -15,660 | 1.82 | 1.13 | -0.70 | sell |
| KCM INVESTMENT ADVISORS LLC | 19,686 | 3,716 | -15,970 | 0.15 | 0.02 | -0.13 | sell |
| MISSION WEALTH MANAGEMENT, LP | 39,107 | 15,807 | -23,300 | 0.19 | 0.05 | -0.13 | sell |
| Bridgewater Associates, LP | 42,436 | 18,256 | -24,180 | 0.04 | 0.01 | -0.02 | sell |
| Ashe Capital Management, LP | 1,077,915 | 1,047,915 | -30,000 | 24.30 | 20.74 | -3.56 | sell |
| BROWN CAPITAL MANAGEMENT LLC | 152,123 | 108,134 | -43,989 | 2.90 | 2.42 | -0.48 | sell |
| JENNISON ASSOCIATES LLC | 129,401 | 76,110 | -53,291 | 0.02 | 0.01 | -0.01 | sell |
| KAYNE ANDERSON RUDNICK INVESTMENT MANAGEMENT LLC | 520,509 | 454,463 | -66,046 | 0.33 | 0.21 | -0.11 | sell |
| DF DENT & CO INC | 401,494 | 320,512 | -80,982 | 1.34 | 0.97 | -0.38 | sell |
| GILDER GAGNON HOWE & CO LLC | 419,431 | 265,330 | -154,101 | 1.03 | 0.50 | -0.53 | sell |
| LONG WALK MANAGEMENT LP | 381,750 | 204,500 | -177,250 | 19.76 | 9.39 | -10.36 | sell |