APPFOLIO INC

Ticker: APPF CUSIP: 03783C100 Class: Common Stock

Spark Investment Management LLC's Holding History (CIK: 0001554871)

Note: Option positions (PUT/CALL) are excluded.

Q1 2020

Shares 29,083 Value ($000) $3,226 Avg Close $119.28 Range $81.01 - $148.07

Q4 2019

Shares 56,700 Value ($000) $6,234 Avg Close $101.99 Range $85.80 - $116.98

Q3 2019

Shares 66,600 Value ($000) $6,336 Avg Close $99.44 Range $88.44 - $108.70

Q2 2019

Shares 92,600 Value ($000) $9,470 Avg Close $94.51 Range $77.74 - $109.89

Q1 2019

Shares 133,800 Value ($000) $10,623 Avg Close $66.87 Range $55.00 - $81.70

Q4 2018

Shares 106,800 Value ($000) $6,324 Avg Close $60.70 Range $51.15 - $79.45

Q3 2018

Shares 76,900 Value ($000) $6,028 Avg Close $75.62 Range $60.20 - $91.49

Q2 2018

Shares 53,600 Value ($000) $3,277 Avg Close $54.48 Range $38.90 - $68.50

Q1 2018

Shares 103,000 Value ($000) $4,207 Avg Close $41.61 Range $37.55 - $45.75

Q4 2017

Shares 133,800 Value ($000) $5,552 Avg Close $44.83 Range $39.60 - $52.25

Q3 2017

Shares 110,800 Value ($000) $5,312 Avg Close $39.31 Range $31.15 - $48.40

Q2 2017

Shares 37,100 Value ($000) $1,209 Avg Close $28.72 Range $25.05 - $35.20

Q1 2017

Shares 14,300 Value ($000) $388 Avg Close $23.88 Range $21.63 - $27.90

Q3 2016

Shares 26,000 Value ($000) $505 Avg Close $17.40 Range $14.12 - $19.98

Period	Shares	Value ($000)	Average Close	Price Range
Q1 2020	29,083	$3,226	$119.28	$81.01 - $148.07
Q4 2019	56,700	$6,234	$101.99	$85.80 - $116.98
Q3 2019	66,600	$6,336	$99.44	$88.44 - $108.70
Q2 2019	92,600	$9,470	$94.51	$77.74 - $109.89
Q1 2019	133,800	$10,623	$66.87	$55.00 - $81.70
Q4 2018	106,800	$6,324	$60.70	$51.15 - $79.45
Q3 2018	76,900	$6,028	$75.62	$60.20 - $91.49
Q2 2018	53,600	$3,277	$54.48	$38.90 - $68.50
Q1 2018	103,000	$4,207	$41.61	$37.55 - $45.75
Q4 2017	133,800	$5,552	$44.83	$39.60 - $52.25
Q3 2017	110,800	$5,312	$39.31	$31.15 - $48.40
Q2 2017	37,100	$1,209	$28.72	$25.05 - $35.20
Q1 2017	14,300	$388	$23.88	$21.63 - $27.90
Q3 2016	26,000	$505	$17.40	$14.12 - $19.98