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Compiled from SEC Form N-PX filings and APPFOLIO INC.’s Form 8-K, filed June 17, 2025 (Item 5.07 on EDGAR). Page generated October 18, 2026.
Meeting of June 13, 2025: 5 items on APPFOLIO INC.’s Form 8-K, filed June 17, 2025: 2 approved · 3 without a stated outcome.
None.
Material dissent: a director nominee under 80% of the votes cast, say-on-pay under 70%, any other item the board put forward under 80%, or a shareholder proposal with more than 50%, on the company’s own Form 8-K tally. How this is decided
Explore APPFOLIO INC. in the interactive database Compare manager voting policies
These tallies are APPFOLIO INC.’s own, as disclosed to the U.S. Securities and Exchange Commission on Form 8-K, filed June 17, 2025 (Item 5.07, “Submission of Matters to a Vote of Security Holders”). They cover every share voted at the meeting, not just the funds that file Form N-PX.
| Ballot item | For | Against | Abstain | Withheld | Broker non-votes | Support (of votes cast) | Reported outcome | Voting standard |
|---|---|---|---|---|---|---|---|---|
| Elect Director: Andreas von Blottnitz | 141,067,486 | -- | -- | 1,589,231 | 2,237,353 | 99% | Not verified | — |
| Elect Director: Agnes Bundy Scanlan | 141,881,509 | -- | -- | 775,208 | 2,237,353 | 99.4% | Not verified | — |
| Elect Director: Janet Kerr | 135,409,206 | -- | -- | 7,247,511 | 2,237,353 | 95% | Not verified | — |
| 2. Ratification of Appointment of Independent Registered Public Accounting Firm The second proposal voted upon at the Annual Meeting was the ratification of the appointment of PricewaterhouseCoopers LLP as the Company's independent registered public accounting | 144,804,050 | 83,251 | 6,769 | -- | -- | 99.9% | Approved | — |
| 3. Advisory Vote on Named Executive Officer Compensation The third proposal voted upon at the Annual Meeting was the approval, on a non-binding, advisory basis, of the compensation of the Company's named executive officers | 142,131,730 | 513,958 | 11,029 | -- | 2,237,353 | 99.6% | Approved | — |
Source: APPFOLIO INC., Form 8-K, filed with the SEC on June 17, 2025 — read the filing on EDGAR.
Each item below shows how the 411 asset managers that disclosed a APPFOLIO INC. vote in their SEC Form N-PX filings actually voted. Share totals are the shares those managers' funds voted, summed across every fund they report. These are reported items, not a count of the ballot: fund filings describe one ballot item in different words. Two descriptions are shown as one item only on evidence — the same text (or one cut short of the other), the same director nominee, or a match to the same row of APPFOLIO INC.’s own Form 8-K tally — never because they merely read alike. A description that could not be joined that way is listed on its own, so one ballot item can appear more than once.
Combines 8 wordings of this item as funds reported it.
99.4% Majority: yes · of votes cast
Description as filed by funds: Election of Class I Directors: Agnes Bundy Scanlan
APPFOLIO INC.’s own tally for this item (“Elect Director: Agnes Bundy Scanlan”): 141,881,509 for, 775,208 withheld, per its Form 8-K filed June 17, 2025 (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item.
Reported outcome: not verified — the filing’s own statement of the outcome could not be identified for this item.
Support: 99.4% of votes cast — FOR ÷ (FOR + WITHHELD); abstentions and broker non-votes are excluded.
The 116 asset managers below reported 7,966,475 for, 263,452 withheld, 14,992 abstained.
| Asset manager | For | Against | Abstain | Withheld | Vote |
|---|---|---|---|---|---|
| Vanguard | 2,398,630 | 0 | 0 | 0 | For |
| Fidelity | 1,174,335 | 0 | 0 | 0 | For |
| BlackRock | 1,105,187 | 0 | 0 | 0 | For |
| Virtus | 480,439 | 0 | 0 | 0 | For |
| Principal | 303,195 | 0 | 0 | 0 | For |
| Invesco | 233,260 | 0 | 0 | 0 | For |
| Waddell & Reed | 201,511 | 0 | 0 | 0 | For |
| Brown Capital Management Mutual Funds | 191,432 | 0 | 0 | 0 | For |
| Charles Schwab | 161,461 | 0 | 0 | 0 | For |
| Franklin Custodian Funds | 150,000 | 0 | 0 | 0 | For |
| T. Rowe Price | 0 | 0 | 0 | 143,073 | Withhold |
| First Trust | 133,986 | 0 | 0 | 0 | For |
| TIAA | 109,689 | 0 | 0 | 0 | For |
| WILLIAM BLAIR FUNDS | 100,500 | 0 | 0 | 0 | For |
| JANUS INVESTMENT FUND | 96,027 | 0 | 0 | 0 | For |
| State Street | 91,226 | 0 | 0 | 0 | For |
| Jackson National | 85,299 | 0 | 3,328 | 0 | For |
| Dimensional | 0 | 0 | 0 | 59,206 | Withhold |
| Value Line Small Cap Opportunities Fund, Inc. | 54,324 | 0 | 0 | 0 | For |
| Nationwide | 48,729 | 0 | 0 | 0 | For |
| FORUM FUNDS | 47,629 | 0 | 0 | 0 | For |
| Pacific Life | 46,230 | 0 | 0 | 0 | For |
| Prudential/PGIM | 44,279 | 0 | 0 | 1,886 | For |
| John Hancock | 32,546 | 0 | 11,104 | 0 | Mixed |
| AMG FUNDS | 35,301 | 0 | 0 | 0 | For |
Showing the 25 largest of 116 asset managers. See all 116 in the interactive database.
Combines 8 wordings of this item as funds reported it.
99% Majority: yes · of votes cast
Description as filed by funds: Election of Class I Directors: Andreas von Blottnitz
APPFOLIO INC.’s own tally for this item (“Elect Director: Andreas von Blottnitz”): 141,067,486 for, 1,589,231 withheld, per its Form 8-K filed June 17, 2025 (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item.
Reported outcome: not verified — the filing’s own statement of the outcome could not be identified for this item.
Support: 99% of votes cast — FOR ÷ (FOR + WITHHELD); abstentions and broker non-votes are excluded.
The 116 asset managers below reported 7,859,576 for, 368,375 withheld, 16,968 abstained.
| Asset manager | For | Against | Abstain | Withheld | Vote |
|---|---|---|---|---|---|
| Vanguard | 2,398,435 | 0 | 0 | 195 | For |
| Fidelity | 1,174,335 | 0 | 0 | 0 | For |
| BlackRock | 1,105,187 | 0 | 0 | 0 | For |
| Virtus | 480,439 | 0 | 0 | 0 | For |
| Principal | 303,195 | 0 | 0 | 0 | For |
| Invesco | 233,260 | 0 | 0 | 0 | For |
| Waddell & Reed | 201,511 | 0 | 0 | 0 | For |
| Brown Capital Management Mutual Funds | 191,432 | 0 | 0 | 0 | For |
| Charles Schwab | 161,461 | 0 | 0 | 0 | For |
| Franklin Custodian Funds | 150,000 | 0 | 0 | 0 | For |
| T. Rowe Price | 0 | 0 | 0 | 143,073 | Withhold |
| First Trust | 133,986 | 0 | 0 | 0 | For |
| TIAA | 109,689 | 0 | 0 | 0 | For |
| WILLIAM BLAIR FUNDS | 100,500 | 0 | 0 | 0 | For |
| JANUS INVESTMENT FUND | 96,027 | 0 | 0 | 0 | For |
| State Street | 0 | 0 | 0 | 91,226 | Withhold |
| Jackson National | 85,299 | 0 | 3,328 | 0 | For |
| Dimensional | 0 | 0 | 0 | 59,206 | Withhold |
| Value Line Small Cap Opportunities Fund, Inc. | 54,324 | 0 | 0 | 0 | For |
| Nationwide | 48,729 | 0 | 0 | 0 | For |
| FORUM FUNDS | 47,629 | 0 | 0 | 0 | For |
| Pacific Life | 46,230 | 0 | 0 | 0 | For |
| Prudential/PGIM | 44,279 | 0 | 0 | 1,886 | For |
| John Hancock | 32,546 | 0 | 11,104 | 0 | Mixed |
| AMG FUNDS | 35,301 | 0 | 0 | 0 | For |
Showing the 25 largest of 116 asset managers. See all 116 in the interactive database.
Combines 8 wordings of this item as funds reported it.
95% Majority: yes · of votes cast
Description as filed by funds: Election of Class I Directors: Janet Kerr
APPFOLIO INC.’s own tally for this item (“Elect Director: Janet Kerr”): 135,409,206 for, 7,247,511 withheld, per its Form 8-K filed June 17, 2025 (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item.
Reported outcome: not verified — the filing’s own statement of the outcome could not be identified for this item.
Support: 95% of votes cast — FOR ÷ (FOR + WITHHELD); abstentions and broker non-votes are excluded.
The 116 asset managers below reported 5,327,284 for, 2,720,493 withheld, 197,142 abstained.
| Asset manager | For | Against | Abstain | Withheld | Vote |
|---|---|---|---|---|---|
| Vanguard | 2,398,435 | 0 | 0 | 195 | For |
| Fidelity | 803,197 | 0 | 0 | 371,138 | Mixed |
| BlackRock | 1,105,187 | 0 | 0 | 0 | For |
| Virtus | 480,439 | 0 | 0 | 0 | For |
| Principal | 0 | 0 | 0 | 303,195 | Withhold |
| Invesco | 0 | 0 | 0 | 233,260 | Withhold |
| Waddell & Reed | 0 | 0 | 0 | 201,511 | Withhold |
| Brown Capital Management Mutual Funds | 191,432 | 0 | 0 | 0 | For |
| Charles Schwab | 0 | 0 | 0 | 161,461 | Withhold |
| Franklin Custodian Funds | 0 | 0 | 0 | 150,000 | Withhold |
| T. Rowe Price | 0 | 0 | 0 | 143,073 | Withhold |
| First Trust | 0 | 0 | 0 | 133,986 | Withhold |
| TIAA | 0 | 0 | 0 | 109,689 | Withhold |
| WILLIAM BLAIR FUNDS | 0 | 0 | 0 | 100,500 | Withhold |
| JANUS INVESTMENT FUND | 0 | 0 | 0 | 96,027 | Withhold |
| State Street | 0 | 0 | 0 | 91,226 | Withhold |
| Jackson National | 26,942 | 0 | 61,685 | 0 | Mixed |
| Dimensional | 0 | 0 | 0 | 59,206 | Withhold |
| Value Line Small Cap Opportunities Fund, Inc. | 0 | 0 | 54,324 | 0 | Abstain |
| Nationwide | 24,269 | 0 | 0 | 24,460 | Mixed |
| FORUM FUNDS | 47,629 | 0 | 0 | 0 | For |
| Pacific Life | 5,066 | 0 | 0 | 41,164 | Mixed |
| Prudential/PGIM | 44,279 | 0 | 0 | 1,886 | For |
| John Hancock | 19,086 | 0 | 24,564 | 0 | Mixed |
| AMG FUNDS | 35,301 | 0 | 0 | 0 | For |
Showing the 25 largest of 116 asset managers. See all 116 in the interactive database.
Combines 9 wordings of this item as funds reported it.
99.6% Approved · of votes cast
Description as filed by funds: Advisory vote to approve the compensation of our named executive officers.
APPFOLIO INC.’s own tally for this item (“3. Advisory Vote on Named Executive Officer Compensation The third proposal voted upon at the Annual Meeting was the approval, on a non-binding, advisory basis, of the compensation of the Company's named executive office”): 142,131,730 for, 513,958 against — passed, per its Form 8-K filed June 17, 2025 (Item 5.07).
Reported outcome: Approved, in the filing’s own words: “At the Annual Meeting, the proposal was approved by the following vote:”
Support: 99.6% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.
Also reported under other wordings, matched to the same row of APPFOLIO INC.’s official tally and shown with their own fund figures; their managers are not in the figures or the table on this card: “Section 14a Executive Compensation” (5 managers, 13,680 for).
Fund voting reports and institutional-manager reports both cover this item. An institutional manager can report shares that a fund it advises also reports, so the two are shown separately below and never added together, and their sum is not shown (fund and manager reports combined may count the same shares twice).
| Asset manager | For | Against | Abstain | Withheld | Vote |
|---|---|---|---|---|---|
| Vanguard | 2,398,435 | 195 | 0 | 0 | For |
| Fidelity | 1,174,335 | 0 | 0 | 0 | For |
| BlackRock | 1,105,187 | 0 | 0 | 0 | For |
| Virtus | 480,439 | 0 | 0 | 0 | For |
| Principal | 303,195 | 0 | 0 | 0 | For |
| Invesco | 233,260 | 0 | 0 | 0 | For |
| Waddell & Reed | 201,511 | 0 | 0 | 0 | For |
| Brown Capital Management Mutual Funds | 191,432 | 0 | 0 | 0 | For |
| Charles Schwab | 161,461 | 0 | 0 | 0 | For |
| Franklin Custodian Funds | 150,000 | 0 | 0 | 0 | For |
| T. Rowe Price | 143,073 | 0 | 0 | 0 | For |
| First Trust | 133,986 | 0 | 0 | 0 | For |
| TIAA | 109,689 | 0 | 0 | 0 | For |
| WILLIAM BLAIR FUNDS | 100,500 | 0 | 0 | 0 | For |
| JANUS INVESTMENT FUND | 96,027 | 0 | 0 | 0 | For |
| State Street | 91,226 | 0 | 0 | 0 | For |
| Jackson National | 88,627 | 0 | 0 | 0 | For |
| Dimensional | 59,206 | 0 | 0 | 0 | For |
| Value Line Small Cap Opportunities Fund, Inc. | 54,324 | 0 | 0 | 0 | For |
| Nationwide | 48,729 | 0 | 0 | 0 | For |
| FORUM FUNDS | 47,629 | 0 | 0 | 0 | For |
| Pacific Life | 46,230 | 0 | 0 | 0 | For |
| Prudential/PGIM | 46,165 | 0 | 0 | 0 | For |
| John Hancock | 43,650 | 0 | 0 | 0 | For |
| AMG FUNDS | 35,301 | 0 | 0 | 0 | For |
Fund voting reports, all 118 managers: 8,204,116 for, 42,334 against, 4,562 abstained. Showing the 25 largest; see all in the interactive database.
| Asset manager | For | Against | Abstain | Withheld | Vote |
|---|---|---|---|---|---|
| Ashe Capital Management, LP | 1,136,112 | 0 | 0 | 0 | For |
| Fidelity | 833,721 | 0 | 0 | 0 | For |
| KAYNE ANDERSON RUDNICK INVESTMENT MANAGEMENT LLC | 723,522 | 0 | 0 | 0 | For |
| BlackRock | 581,971 | 147 | 0 | 0 | For |
| State Street | 559,415 | 0 | 0 | 0 | For |
| WILLIAM BLAIR INVESTMENT MANAGEMENT, LLC | 547,026 | 0 | 0 | 0 | For |
| GEODE CAPITAL MANAGEMENT, LLC | 436,743 | 0 | 0 | 0 | For |
| PRINCIPAL GLOBAL INVESTORS | 410,329 | 0 | 0 | 0 | For |
| DF DENT & CO INC | 374,190 | 0 | 0 | 0 | For |
| Invesco | 309,932 | 0 | 0 | 0 | For |
| BROWN CAPITAL MANAGEMENT LLC | 301,309 | 0 | 0 | 0 | For |
| MACQUARIE INVESTMENT MANAGEMENT BUSINESS TRUST | 294,763 | 0 | 0 | 0 | For |
| T. Rowe Price | 222,273 | 0 | 0 | 0 | For |
| NEW YORK STATE COMMON RETIREMENT FUND | 0 | 196,272 | 0 | 0 | Against |
| Charles Schwab | 163,592 | 0 | 0 | 0 | For |
| FRANKLIN ADVISERS INC | 165,328 | 0 | 0 | 0 | For |
| MELLON INVESTMENTS Corp | 162,549 | 0 | 0 | 0 | For |
| Northern Trust | 162,102 | 0 | 0 | 0 | For |
| Fiera Capital Corp | 149,483 | 0 | 0 | 0 | For |
| Ranger Investment Management, L.P. | 148,230 | 0 | 0 | 0 | For |
| GW&K Investment Management, LLC | 3,333 | 0 | 0 | 0 | For |
| Janus Henderson | 138,403 | 0 | 0 | 0 | For |
| CAISSE DE DEPOT ET PLACEMENT DU QUEBEC | 130,184 | 0 | 0 | 0 | For |
| Nuveen | 114,078 | 0 | 0 | 0 | For |
| BROWN ADVISORY INC | 106,314 | 0 | 0 | 0 | For |
Institutional-manager reports, all 316 managers: 10,128,600 for, 349,559 against, 5,970 withheld, 40 abstained, 4,198 not voted, 142,501 mixed, 27,341 1 year. Showing the 25 largest; see all in the interactive database.
Combines 5 wordings of this item as funds reported it.
100% Fund and manager reports combined; may count the same shares twice · no official result
Description as filed by funds: Advisory vote on the frequency of future stockholder advisory votes to approve the compensation of our named executive officers.
Fund voting reports and institutional-manager reports both cover this item. An institutional manager can report shares that a fund it advises also reports, so the two are shown separately below and never added together, and their sum is not shown (fund and manager reports combined may count the same shares twice). The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.
| Asset manager | For | Against | Abstain | Withheld | Vote |
|---|---|---|---|---|---|
| Vanguard | 0 | 0 | 0 | 0 | -- |
| Fidelity | 0 | 0 | 0 | 0 | -- |
| BlackRock | 0 | 0 | 0 | 0 | -- |
| Virtus | 0 | 0 | 0 | 0 | -- |
| Principal | 0 | 0 | 0 | 0 | -- |
| Invesco | 0 | 0 | 0 | 0 | -- |
| Waddell & Reed | 0 | 0 | 0 | 0 | -- |
| Brown Capital Management Mutual Funds | 0 | 0 | 0 | 0 | -- |
| Charles Schwab | 0 | 0 | 0 | 0 | -- |
| Franklin Custodian Funds | 0 | 0 | 0 | 0 | -- |
| T. Rowe Price | 0 | 0 | 0 | 0 | -- |
| First Trust | 0 | 0 | 0 | 0 | -- |
| TIAA | 0 | 0 | 0 | 0 | -- |
| WILLIAM BLAIR FUNDS | 0 | 0 | 0 | 0 | -- |
| JANUS INVESTMENT FUND | 0 | 0 | 0 | 0 | -- |
| State Street | 0 | 0 | 0 | 0 | -- |
| Jackson National | 0 | 0 | 0 | 0 | -- |
| Dimensional | 0 | 0 | 0 | 0 | -- |
| Value Line Small Cap Opportunities Fund, Inc. | 0 | 0 | 0 | 0 | -- |
| Nationwide | 0 | 0 | 0 | 0 | -- |
| FORUM FUNDS | 0 | 0 | 0 | 0 | -- |
| Pacific Life | 0 | 0 | 0 | 0 | -- |
| Prudential/PGIM | 0 | 0 | 0 | 0 | -- |
| John Hancock | 0 | 0 | 0 | 0 | -- |
| AMG FUNDS | 0 | 0 | 0 | 0 | -- |
Fund voting reports, all 116 managers: 9,525 for, 4,562 abstained, 8,126,294 1 year, 98,403 3 year, 0 unknown. Showing the 25 largest; see all in the interactive database.
| Asset manager | For | Against | Abstain | Withheld | Vote |
|---|---|---|---|---|---|
| Ashe Capital Management, LP | 0 | 0 | 0 | 0 | -- |
| Fidelity | 0 | 0 | 0 | 0 | -- |
| KAYNE ANDERSON RUDNICK INVESTMENT MANAGEMENT LLC | 0 | 0 | 0 | 0 | -- |
| BlackRock | 0 | 0 | 0 | 0 | -- |
| State Street | 0 | 0 | 0 | 0 | -- |
| WILLIAM BLAIR INVESTMENT MANAGEMENT, LLC | 0 | 0 | 0 | 0 | -- |
| GEODE CAPITAL MANAGEMENT, LLC | 0 | 0 | 0 | 0 | -- |
| PRINCIPAL GLOBAL INVESTORS | 0 | 0 | 0 | 0 | -- |
| DF DENT & CO INC | 0 | 0 | 0 | 0 | -- |
| Invesco | 0 | 0 | 0 | 0 | -- |
| BROWN CAPITAL MANAGEMENT LLC | 0 | 0 | 0 | 0 | -- |
| MACQUARIE INVESTMENT MANAGEMENT BUSINESS TRUST | 0 | 0 | 0 | 0 | -- |
| T. Rowe Price | 0 | 0 | 0 | 0 | -- |
| NEW YORK STATE COMMON RETIREMENT FUND | 0 | 0 | 0 | 0 | -- |
| Charles Schwab | 0 | 0 | 0 | 0 | Not Voted |
| FRANKLIN ADVISERS INC | 0 | 0 | 0 | 0 | -- |
| MELLON INVESTMENTS Corp | 0 | 0 | 0 | 0 | -- |
| Northern Trust | 0 | 0 | 0 | 0 | -- |
| Ranger Investment Management, L.P. | 0 | 0 | 0 | 0 | -- |
| GW&K Investment Management, LLC | 0 | 0 | 0 | 0 | -- |
| Janus Henderson | 0 | 0 | 0 | 0 | -- |
| CAISSE DE DEPOT ET PLACEMENT DU QUEBEC | 0 | 0 | 0 | 0 | -- |
| Nuveen | 0 | 0 | 0 | 0 | -- |
| BROWN ADVISORY INC | 0 | 0 | 0 | 0 | -- |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP | 0 | 0 | 0 | 0 | -- |
Institutional-manager reports, all 300 managers: 78,146 for, 6,659 abstained, 4,198 not voted, 10,220,838 1 year, 56,185 3 year, 20 2 year. Showing the 25 largest; see all in the interactive database.
Combines 5 wordings of this item as funds reported it.
99.9% Approved · of votes cast
Description as filed by funds: Ratification of the appointment of PricewaterhouseCoopers LLP as our independent registered public accounting firm for the fiscal year ending December 31, 2025.
APPFOLIO INC.’s own tally for this item (“2. Ratification of Appointment of Independent Registered Public Accounting Firm The second proposal voted upon at the Annual Meeting was the ratification of the appointment of PricewaterhouseCoopers LLP as the Company's ”): 144,804,050 for, 83,251 against — passed, per its Form 8-K filed June 17, 2025 (Item 5.07).
Reported outcome: Approved, in the filing’s own words: “At the Annual Meeting, the proposal was approved by the following vote:”
Support: 99.9% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.
The 120 asset managers below reported 8,242,737 for, 2,144 against, 4,562 abstained.
| Asset manager | For | Against | Abstain | Withheld | Vote |
|---|---|---|---|---|---|
| Vanguard | 2,398,630 | 0 | 0 | 0 | For |
| Fidelity | 1,174,335 | 0 | 0 | 0 | For |
| BlackRock | 1,105,187 | 0 | 0 | 0 | For |
| Virtus | 480,439 | 0 | 0 | 0 | For |
| Principal | 303,195 | 0 | 0 | 0 | For |
| Invesco | 233,260 | 0 | 0 | 0 | For |
| Waddell & Reed | 201,511 | 0 | 0 | 0 | For |
| Brown Capital Management Mutual Funds | 191,432 | 0 | 0 | 0 | For |
| Charles Schwab | 161,461 | 0 | 0 | 0 | For |
| Franklin Custodian Funds | 150,000 | 0 | 0 | 0 | For |
| T. Rowe Price | 143,073 | 0 | 0 | 0 | For |
| First Trust | 133,986 | 0 | 0 | 0 | For |
| TIAA | 109,689 | 0 | 0 | 0 | For |
| WILLIAM BLAIR FUNDS | 100,500 | 0 | 0 | 0 | For |
| JANUS INVESTMENT FUND | 96,027 | 0 | 0 | 0 | For |
| State Street | 91,226 | 0 | 0 | 0 | For |
| Jackson National | 88,627 | 0 | 0 | 0 | For |
| Dimensional | 59,206 | 0 | 0 | 0 | For |
| Value Line Small Cap Opportunities Fund, Inc. | 54,324 | 0 | 0 | 0 | For |
| Nationwide | 48,729 | 0 | 0 | 0 | For |
| FORUM FUNDS | 47,629 | 0 | 0 | 0 | For |
| Pacific Life | 46,230 | 0 | 0 | 0 | For |
| Prudential/PGIM | 46,165 | 0 | 0 | 0 | For |
| John Hancock | 43,650 | 0 | 0 | 0 | For |
| AMG FUNDS | 35,301 | 0 | 0 | 0 | For |
Showing the 25 largest of 120 asset managers. See all 120 in the interactive database.
Ranked separately for each type of Form N-PX report. An institutional manager can report shares that a fund it advises also reports, so the two tables can list the same shares and are never added together. Each is ranked by the shares voted on the item that the most managers of that type reported, shown as a share of the 36,302,000 shares outstanding at the time of that meeting.
| # | Asset manager | % of shares outstanding |
|---|---|---|
| 1 | Vanguard | 6.61% |
| 2 | Fidelity | 3.23% |
| 3 | BlackRock | 3.04% |
| 4 | Virtus | 1.32% |
| 5 | Principal | 0.84% |
| 6 | Invesco | 0.64% |
| 7 | Waddell & Reed | 0.56% |
| 8 | Brown Capital Management Mutual Funds | 0.53% |
| 9 | Charles Schwab | 0.44% |
| 10 | Franklin Custodian Funds | 0.41% |
| # | Asset manager | % of shares outstanding |
|---|---|---|
| 1 | Ashe Capital Management, LP | 3.13% |
| 2 | Fidelity | 2.30% |
| 3 | KAYNE ANDERSON RUDNICK INVESTMENT MANAGEMENT LLC | 1.99% |
| 4 | BlackRock | 1.60% |
| 5 | State Street | 1.54% |
| 6 | WILLIAM BLAIR INVESTMENT MANAGEMENT, LLC | 1.51% |
| 7 | GEODE CAPITAL MANAGEMENT, LLC | 1.20% |
| 8 | PRINCIPAL GLOBAL INVESTORS | 1.13% |
| 9 | DF DENT & CO INC | 1.03% |
| 10 | Invesco | 0.85% |
As disclosed to the SEC in Form 13F (quarter-end holdings of 30 large managers), Schedules 13D and 13G (beneficial ownership above 5%) and the company’s own proxy statement (DEF 14A). Each row names its form.
| Holder | % outstanding | Disclosure |
|---|---|---|
| Klaus Schauser | 7.90% | 13G |
| Vanguard Group | 6.72% | 13F |
| BlackRock | 6.62% | 13F |
| Vanguard Portfolio Management | 4.11% | 13G |
| Ashe Capital Management, LP | 3.67% | 13G |
| PRINCIPAL GLOBAL INVESTORS | 3.27% | 13G |
| Timothy Bliss | 2.49% | DEF14A |
| FMR (Fidelity) | 2.33% | 13F |
| State Street | 1.97% | 13F |
| Maurice Duca | 1.02% | DEF14A |
Percentages above are of 36,302,000 shares outstanding, as reported by APPFOLIO INC. on its Form 10-Q dated March 31, 2025 (see the filing on EDGAR). This is the count contemporaneous with the 2024-2025 meeting, not today’s. Each holding is as of its own filing, which may be dated before or after the meeting.
Every figure above is derived from filings made with the US Securities and Exchange Commission: Form N-PX, in which registered funds disclose how they voted every proxy and institutional managers disclose their votes on executive pay (say-on-pay, say-on-frequency and golden parachutes), and Form 8-K Item 5.07, in which the company reports its own meeting results. Shares outstanding are taken from APPFOLIO INC.’s 10-Q dated March 31, 2025. This page is a static snapshot rebuilt weekly on October 18, 2026; a live search always shows the current data.
At APPFOLIO INC.'s shareholder meeting held June 13, 2025, in the 2024-2025 proxy season, 411 asset managers reported how they voted in their SEC Form N-PX filings, covering 3,391 separate fund positions. Their filings are grouped here into 6 reported items; because filers word the same ballot item differently, that can be more than the number of items on the ballot. On the most widely held item on that ballot — Advisory vote to approve the compensation of our named executive officers. — APPFOLIO INC.'s filing reports the proposal as approved, with 99.6% support of the votes cast (FOR divided by FOR plus AGAINST, the conventional basis for proxy support; abstentions, broker non-votes and unvoted shares are excluded because none of them took a side). Source: APPFOLIO INC.'s Form 8-K, Item 5.07, filed with the U.S. Securities and Exchange Commission on June 17, 2025.
APPFOLIO INC. proxy season coverage: 2023-2024 · 2024-2025 (this page) · 2025-2026.
Download data (CSV): ballot items · votes by manager · column guide.