13FPulse
AP

APPN APPIAN CORP-A

2026Q2 · CUSIP 03782L101 · Enterprise Software · Sector: Technology

Normal

Fund flows are within the usual range

Funds that own it
208
Institutions that reported holding it to the SEC
Net increase in holders
+2
Last quarter 206 → now 208
How unusual is that
Below average
Stronger than only 45% of US stocks
What the filings say, in one paragraph

208 funds held APPN at the end of 2026Q2, up 2 from the quarter before. Fund flows are within the usual range — nothing unusual. On the business itself, revenue over the last 12 months was $795M(YoY +20.9%). APPN has had 10 buying rushes in its history, and the price moved +46.3% on average over the six months after (that is the raw price move, not how much it beat the market by). It sits in the Technology sector, tagged Enterprise Software.

How many funds owned it, quarter by quarter

Bars = net change in institutional holders, positive (green) or negative (red). Line = total institutional holders.

2017Q3: holders=42 2017Q4: holders=57 2018Q1: holders=71 2018Q2: holders=74 2018Q3: holders=96 2018Q4: holders=105 2019Q1: holders=131 2019Q2: holders=140 2019Q3: holders=168 2019Q4: holders=160 2020Q1: holders=172 2020Q2: holders=207 2020Q3: holders=214 2020Q4: holders=302 2021Q1: holders=321 2021Q2: holders=283 2021Q3: holders=284 2021Q4: holders=268 2022Q1: holders=266 2022Q2: holders=240 2022Q3: holders=233 2022Q4: holders=211 2023Q1: holders=207 2023Q2: holders=209 2023Q3: holders=200 2023Q4: holders=214 2024Q1: holders=205 2024Q2: holders=194 2024Q3: holders=191 2024Q4: holders=204 2025Q1: holders=221 2025Q2: holders=220 2025Q3: holders=234 2025Q4: holders=247 2026Q1: holders=206 2026Q2: holders=208 -88 -44 +0 +44 +88 37188338 17Q318Q319Q320Q321Q322Q323Q324Q325Q326Q2 Net change in holders (bars) Total funds holding (line)

What happened after each past buying rush 10 times in its history

Quarter of the rush How unusual then Price, next 3 months Price, next 6 months
2025Q1 Top 20% -7.8% +28.8%
2021Q1 Top 20% +22.5% +8.7%
2020Q4 Top 10% -62.0% -53.4%
2020Q2 Top 10% +91.4% +318.4%
2020Q1 Top 10% -2.1% +87.3%
2019Q3 Top 5% +44.3% +33.3%
2019Q2 Top 20% -28.0% +6.3%
2019Q1 Top 20% +70.3% +22.5%
2018Q3 Top 10% +40.7% +26.5%
2018Q1 Top 20% +14.1% -15.2%

These are the raw price moves, not how much it beat the market by. Compare them against the market over the same months — in a strong bull market almost everything is up.

Show all the numbers (large funds, value held, options…) ▾
Of them, large funds
111
Change in large funds
+2
Total value they hold
$878M
Funds buying for the first time
39
Funds that sold out entirely
37
Price change that quarter
+89.1%
Funds holding puts (bearish)
5
Funds holding calls (bullish)
5

These are for people who want to dig. Skip them if they do not mean anything to you — the three numbers above are enough.

8,697 institutions have filed for this quarter. 13F permits late filing and a small number arrive in the weeks after the deadline, so the holder counts and changes below may tick up.

Fundamentals

PE (TTM)
EPS (TTM)
$-0.14
EPS YoY
Revenue (TTM)
$0.8B
Revenue YoY
+20.9%
Net margin
-1.3%
ROE
Debt ratio
118.0%
FCF (TTM)
$77M
Dividend (TTM)
No dividend
Quarterly Revenue & EPS
2021-09-30: EPS -0.36 2021-12-31: EPS -0.36 2022-03-31: EPS -0.32 2022-06-30: EPS -0.68 2022-09-30: EPS -0.61 2022-12-31: EPS -0.47 2023-03-31: EPS -0.51 2023-06-30: EPS -0.58 2023-09-30: EPS -0.30 2023-12-31: EPS -0.13 2024-03-31: EPS -0.45 2024-06-30: EPS -0.60 2024-09-30: EPS -0.03 2024-12-31: EPS -0.18 2025-03-31: EPS -0.02 2025-06-30: EPS 0.00 2025-09-30: EPS 0.10 2025-12-31: EPS -0.06 2026-03-31: EPS -0.02 2026-06-30: EPS -0.16 0M 102M 203M $M -0.75 -0.32 0.11 2016201720182019202020212022202320242025202606/26 Revenue EPS

Quarterly figures, revenue up to 10 years back; EPS split-adjusted, early quarters hidden when not calibrable

P/E (TTM) over time
879 1040 1201 20252026

P/E = close around day 47 after quarter-end ÷ TTM EPS then; this is a consistent valuation date, not the company’s actual filing date; loss quarters hidden

Quarterly free cash flow
-65M-8M49M 20162017201820192020202120222023202420252026
Latest quarter $49M (2026-03-31)

FCF = operating cash flow − capex, computed from SEC XBRL; banks/insurers have no standard cash-flow structure and are hidden

As of 2026-06-30 · SEC filings (XBRL)

Email me the next update

2026 Q3 holdings are due 2026-11-16. We will email you when the refreshed lists are live.