APPFOLIO INC CLASS A
| Fund | Previous Shares | Current Shares ▲▼ | Change in Shares ▲▼ | Previous Portfolio Weightage (%) | Current Portfolio Weightage (%) ▲▼ | Change in Weight (%) | Type |
|---|---|---|---|---|---|---|---|
| PRINCIPAL FINANCIAL GROUP INC | 832,891 | 1,166,752 | +333,861 | 0.11 | 0.17 | 0.00 | buy |
| PRICE T ROWE ASSOCIATES INC /MD/ | 454,478 | 571,087 | +116,609 | 0.01 | 0.02 | +0.01 | buy |
| KAYNE ANDERSON RUDNICK INVESTMENT MANAGEMENT LLC | 686,460 | 615,626 | +70,834 | 0.38 | 0.41 | 0.00 | sell |
| RENAISSANCE TECHNOLOGIES LLC | 229,100 | 164,502 | +64,598 | 0.08 | 0.07 | -0.01 | sell |
| JANUS HENDERSON GROUP PLC | 131,830 | 68,555 | +63,275 | 0.02 | 0.01 | 0.00 | sell |
| FIRST TRUST ADVISORS LP | 144,712 | 88,539 | +56,173 | 0.03 | 0.02 | 0.00 | sell |
| VANGUARD GROUP INC | 2,403,717 | 2,458,994 | +55,277 | 0.01 | 0.01 | 0.00 | buy |
| CAISSE DE DEPOT ET PLACEMENT DU QUEBEC | 109,866 | 148,741 | +38,875 | 0.05 | 0.07 | +0.02 | buy |
| JENNISON ASSOCIATES LLC | 90,171 | 124,582 | +34,411 | 0.01 | 0.02 | +0.01 | buy |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP | 292,771 | 317,413 | +24,642 | 0.05 | 0.06 | 0.00 | buy |
| GW&K Investment Management, LLC | 165,407 | 143,403 | +22,004 | 0.34 | 0.35 | +0.01 | sell |
| LONG WALK MANAGEMENT LP | 276,325 | 288,500 | +12,175 | 16.11 | 16.07 | -0.03 | buy |
| INTECH INVESTMENT MANAGEMENT LLC | 8,415 | 20,277 | +11,862 | 0.02 | 0.05 | +0.03 | buy |
| Capital Impact Advisors, LLC | 26,687 | 35,378 | +8,691 | 1.87 | 2.18 | +0.31 | buy |
| CANADA LIFE ASSURANCE Co | 39,519 | 31,526 | +7,993 | 0.01 | 0.01 | -0.00 | sell |
| MISSION WEALTH MANAGEMENT, LP | 42,159 | 49,201 | +7,042 | 0.21 | 0.28 | +0.07 | buy |
| Quantum Portfolio Management LLC | 4,263 | 10,002 | +5,739 | 0.47 | 0.82 | +0.35 | buy |
| Vident Advisory, LLC | 3,219 | 8,571 | +5,352 | 0.01 | 0.02 | 0.00 | buy |
| ZEVENBERGEN CAPITAL INVESTMENTS LLC | 20,000 | 23,800 | +3,800 | 0.09 | 0.13 | +0.04 | buy |
| Kerrisdale Advisers, LLC | 12,942 | 14,778 | +1,836 | 1.55 | 2.11 | +0.56 | buy |
| NorthCrest Asset Manangement, LLC | 2,829 | 4,390 | +1,561 | 0.02 | 0.03 | +0.01 | buy |
| RHUMBLINE ADVISERS | 64,023 | 62,536 | +1,487 | 0.01 | 0.01 | 0.00 | sell |
| Edgestream Partners, L.P. | 2,648 | 4,059 | +1,411 | 0.02 | 0.03 | +0.02 | buy |
| Quantinno Capital Management LP | 21,863 | 22,871 | +1,008 | 0.02 | 0.02 | 0.00 | buy |
| South Dakota Investment Council | 4,300 | 5,300 | +1,000 | 0.02 | 0.03 | +0.01 | buy |
| Orion Porfolio Solutions, LLC | 14,006 | 14,955 | +949 | 0.03 | 0.03 | 0.00 | buy |
| Ashton Thomas Private Wealth, LLC | 1,010 | 1,821 | +811 | 0.01 | 0.01 | +0.00 | buy |
| Nicholas Investment Partners, LP | 36,546 | 37,283 | +737 | 0.75 | 0.79 | +0.04 | buy |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM | 21,305 | 20,670 | +635 | 0.01 | 0.01 | +0.00 | sell |
| Bayforest Capital Ltd | 869 | 1,478 | +609 | 0.09 | 0.19 | +0.11 | buy |
| YOUSIF CAPITAL MANAGEMENT, LLC | 7,734 | 7,154 | +580 | 0.02 | 0.02 | 0.00 | sell |
| PARNASSUS INVESTMENTS, LLC | 6,858 | 7,388 | +530 | 0.00 | 0.00 | +0.00 | buy |
| Alpha Wealth Funds, LLC | 3,400 | 3,900 | +500 | 0.72 | 0.87 | +0.15 | buy |
| LVZ, Inc. | 2,442 | 2,871 | +429 | 0.07 | 0.09 | +0.02 | buy |
| FIRST CITIZENS BANK & TRUST CO | 4,556 | 4,978 | +422 | 0.02 | 0.03 | +0.01 | buy |
| Treasurer of the State of North Carolina | 10,273 | 9,881 | +392 | 0.01 | 0.01 | 0.00 | sell |
| Advisors Capital Management, LLC | 19,202 | 19,551 | +349 | 0.06 | 0.07 | +0.01 | buy |
| BURNEY CO/ | 7,709 | 7,997 | +288 | 0.06 | 0.07 | +0.01 | buy |
| Grandeur Peak Global Advisors, LLC | 2,106 | 2,364 | +258 | 0.06 | 0.09 | +0.03 | buy |
| BESSEMER GROUP INC | 2,203 | 2,418 | +215 | 0.00 | 0.00 | +0.00 | buy |
| AlphaQuest LLC | 1,408 | 1,618 | +210 | 0.04 | 0.03 | 0.00 | buy |
| OPPENHEIMER ASSET MANAGEMENT INC. | 4,906 | 4,706 | +200 | 0.01 | 0.01 | 0.00 | sell |
| Verdence Capital Advisors LLC | 4,195 | 4,395 | +200 | 0.07 | 0.06 | -0.00 | buy |
| COMMERCE BANK | 2,045 | 1,940 | +105 | 0.00 | 0.00 | 0.00 | sell |
| Beacon Pointe Advisors, LLC | 1,995 | 1,903 | +92 | 0.00 | 0.00 | 0.00 | sell |
| Global Endowment Management, LP | 2,194 | 2,277 | +83 | 0.07 | 0.08 | +0.01 | buy |
| Bryce Point Capital, LLC | 2,178 | 2,257 | +79 | 0.42 | 0.76 | +0.33 | buy |
| COMMONWEALTH OF PENNSYLVANIA PUBLIC SCHOOL EMPLS RETRMT SYS | 5,921 | 5,870 | +51 | 0.01 | 0.01 | +0.00 | sell |
| Linden Thomas Advisory Services, LLC | 1,469 | 1,515 | +46 | 0.04 | 0.04 | +0.01 | buy |
| NATIXIS ADVISORS, LLC | 33,964 | 33,993 | +29 | 0.01 | 0.01 | 0.00 | buy |
| ALPS ADVISORS INC | 1,680 | 1,655 | +25 | 0.00 | 0.00 | 0.00 | sell |
| Strategic Advocates LLC | 1,088 | 1,112 | +24 | 0.07 | 0.08 | +0.01 | buy |
| Burns Matteson Capital Management, LLC | 1,441 | 1,457 | +16 | 0.16 | 0.17 | +0.01 | buy |
| Motley Fool Asset Management LLC | 1,048 | 1,058 | +10 | 0.01 | 0.01 | +0.00 | buy |
| Somerset Trust Co | 1,105 | 1,115 | +10 | 0.08 | 0.09 | +0.01 | buy |
| Lewis Asset Management, LLC | 1,105 | 1,113 | +8 | 0.12 | 0.13 | +0.01 | buy |
| North Capital, Inc. | 14 | 15 | +1 | 0.00 | 0.00 | +0.00 | buy |
| MOODY ALDRICH PARTNERS LLC | 1,712 | 1,706 | -6 | 0.08 | 0.09 | +0.01 | sell |
| AMI ASSET MANAGEMENT CORP | 2,718 | 2,711 | -7 | 0.04 | 0.04 | +0.01 | sell |
| First Bank & Trust | 1,307 | 1,300 | -7 | 0.05 | 0.06 | +0.01 | sell |
| BANQUE PICTET & CIE SA | 1,984 | 1,974 | -10 | 0.00 | 0.01 | +0.00 | sell |
| CHANNEL WEALTH LLC | 16,526 | 16,513 | -13 | 1.08 | 1.22 | +0.14 | sell |
| Reyes Financial Architecture, Inc. | 418 | 388 | -30 | 0.08 | 0.07 | -0.01 | sell |
| HMS Capital Management, LLC | 1,538 | 1,504 | -34 | 0.16 | 0.17 | +0.01 | sell |
| Tidemark, LLC | 120 | 76 | -44 | 0.01 | 0.01 | -0.00 | sell |
| Davidson Kahn Capital Management, LLC | 9,225 | 9,179 | -46 | 1.36 | 1.41 | +0.05 | sell |
| NORTHWESTERN MUTUAL INVESTMENT MANAGEMENT COMPANY, LLC | 5,146 | 5,098 | -48 | 0.02 | 0.02 | +0.00 | sell |
| NEW YORK LIFE INVESTMENT MANAGEMENT LLC | 2,345 | 2,266 | -79 | 0.01 | 0.01 | +0.00 | sell |
| SECURIAN ASSET MANAGEMENT, INC | 1,789 | 1,689 | -100 | 0.01 | 0.01 | +0.00 | sell |
| Swiss National Bank | 42,500 | 42,400 | -100 | 0.01 | 0.01 | +0.00 | sell |
| STATE OF MICHIGAN RETIREMENT SYSTEM | 5,500 | 5,400 | -100 | 0.01 | 0.01 | +0.00 | sell |
| DIVERSIFY WEALTH MANAGEMENT, LLC | 1,590 | 1,489 | -101 | 0.03 | 0.02 | -0.00 | sell |
| Alamar Capital Management, LLC | 18,300 | 18,190 | -110 | 2.28 | 2.65 | +0.37 | sell |
| ST GERMAIN D J CO INC | 727 | 588 | -139 | 0.01 | 0.01 | -0.00 | sell |
| Inspire Investing, LLC | 1,236 | 1,088 | -148 | 0.03 | 0.03 | -0.00 | sell |
| New Age Alpha Advisors, LLC | 5,141 | 4,992 | -149 | 0.05 | 0.06 | +0.01 | sell |
| Ameritas Investment Partners, Inc. | 4,475 | 4,287 | -188 | 0.03 | 0.04 | +0.00 | sell |
| Baker Avenue Asset Management, LP | 16,437 | 16,151 | -286 | 0.11 | 0.11 | -0.00 | sell |
| Independent Advisor Alliance | 1,625 | 1,330 | -295 | 0.01 | 0.01 | -0.00 | sell |
| Alliance Wealth Advisors, LLC /UT | 1,625 | 1,294 | -331 | 0.09 | 0.08 | -0.01 | sell |
| Resona Asset Management Co.,Ltd. | 4,203 | 3,871 | -332 | 0.00 | 0.01 | +0.00 | sell |
| TEACHER RETIREMENT SYSTEM OF TEXAS | 11,715 | 11,334 | -381 | 0.01 | 0.01 | +0.00 | sell |
| AVIVA PLC | 2,153 | 1,728 | -425 | 0.00 | 0.00 | -0.00 | sell |
| Retirement Systems of Alabama | 28,169 | 27,653 | -516 | 0.02 | 0.03 | +0.00 | sell |
| Curbstone Financial Management Corp | 3,090 | 2,550 | -540 | 0.15 | 0.14 | -0.01 | sell |
| VIRGINIA RETIREMENT SYSTEMS ET Al | 9,621 | 9,021 | -600 | 0.02 | 0.02 | +0.00 | sell |
| NORDEN GROUP LLC | 3,801 | 3,174 | -627 | 0.10 | 0.09 | -0.01 | sell |
| ZIONS BANCORPORATION, NATIONAL ASSOCIATION /UT/ | 6,766 | 5,870 | -896 | 0.08 | 0.08 | -0.00 | sell |
| Portside Wealth Group, LLC | 3,828 | 2,648 | -1,180 | 0.13 | 0.10 | -0.03 | sell |
| Greenstone Partners & Co., LLC | 134,229 | 132,776 | -1,453 | 7.24 | 6.69 | -0.55 | sell |
| EFG Asset Management (North America) Corp. | 13,497 | 11,702 | -1,795 | 0.44 | 0.42 | -0.02 | sell |
| Callan Family Office, LLC | 2,720 | 810 | -1,910 | 0.02 | 0.01 | -0.01 | sell |
| iSAM Funds (UK) Ltd | 2,385 | 90 | -2,295 | 0.12 | 0.01 | -0.12 | sell |
| Versor Investments LP | 5,111 | 2,801 | -2,310 | 0.21 | 0.14 | -0.07 | sell |
| AGF MANAGEMENT LTD | 14,314 | 11,955 | -2,359 | 0.01 | 0.01 | -0.00 | sell |
| Fiera Capital Corp | 166,161 | 162,876 | -3,285 | 0.13 | 0.15 | +0.02 | sell |
| JOHNSON INVESTMENT COUNSEL INC | 13,242 | 9,813 | -3,429 | 0.03 | 0.02 | -0.00 | sell |
| MARTINGALE ASSET MANAGEMENT L P | 10,091 | 3,982 | -6,109 | 0.06 | 0.03 | -0.03 | sell |
| GILDER GAGNON HOWE & CO LLC | 525,334 | 517,750 | -7,584 | 1.28 | 1.45 | +0.17 | sell |
| Caledonia (Private) Investments Pty Ltd | 238,880 | 228,026 | -10,854 | 0.87 | 1.02 | +0.15 | sell |