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APPFOLIO INC
APPFOLIO INC. Institutional holdings reported to the SEC.

Institutional Holders (2016Q2)
Portfolio Summary: 31 Institutional holders with a total value of $64,738,529.
#
Manager Name
Shares
Value ($)
%
Options
Notes
1 Dragoneer Investment Group, LLC 2,057,344 29,749,000 45.95%
2 OBERNDORF WILLIAM E 1,381,797 19,786,000 30.56%
3 VANGUARD GROUP INC 244,405 3,534,000 5.46%
4 BlackRock Fund Advisors 196,806 2,846,000 4.40%
5 NORTHERN TRUST CORP 98,559 1,425,000 2.20%
6 WELLS FARGO & COMPANY/MN 94,443 1,366,000 2.11%
7 BlackRock Institutional Trust Company, N.A. 86,517 1,251,000 1.93%
8 STATE STREET CORP 74,197 1,074,000 1.66%
9 GEODE CAPITAL MANAGEMENT, LLC 51,608 746,000 1.15%
10 D. E. Shaw & Co., Inc. 37,560 543,000 0.84%
11 BlackRock Investment Management, LLC 29,349 424,000 0.65%
12 TIAA CREF INVESTMENT MANAGEMENT LLC 27,282 394,000 0.61%
13 Bank of New York Mellon Corp 24,981 361,000 0.56%
14 CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 15,938 230,000 0.36%
15 TWO SIGMA INVESTMENTS, LP 12,765 185,000 0.29%
16 TEACHERS ADVISORS, LLC 12,077 175,000 0.27%
17 SUMMIT SECURITIES GROUP LLC 10,685 155,000 0.24%
18 MORGAN STANLEY 10,252 149,000 0.23%
19 Nationwide Fund Advisors 4,845 70,000 0.11%
20 NEW YORK STATE COMMON RETIREMENT FUND 4,500 65,000 0.10%
21 AMERICAN INTERNATIONAL GROUP, INC. 4,375 63,263 0.10%
22 UBS Group AG 3,186 46,000 0.07%
23 BLACKROCK ADVISORS LLC 2,431 35,000 0.05%
24 DEUTSCHE BANK AG\ 1,162 16,000 0.02%
25 Tower Research Capital LLC (TRC) 903 13,000 0.02%
26 CITIGROUP INC 765 11,000 0.02%
27 MANUFACTURERS LIFE INSURANCE COMPANY, THE 704 10,000 0.02%
28 JPMORGAN CHASE & CO 446 6,000 0.01%
29 BNP PARIBAS FINANCIAL MARKETS 295 4,266 0.01%
30 BlackRock Finance, Inc. 285 4,000 0.01%
31 BANK OF AMERICA CORP /DE/ 143 2,000 0.00%

From 2023-01-03 onward, the SEC requires values to be reported in nearest dollars. Earlier filings reported values in thousands; therefore, positions shown as $0 in older filings may represent actual values between $0–$999.