Ray Dalio acquired 71.2 Thousand Appfolio shares worth $17.8 Million. That's 0.09% of their equity portfolio (164th largest holding). The first Appfolio trade was made in Q2 2023. Since then Ray Dalio bought shares two more times and sold shares on one occasions. The stake costed the investor $14.2 Million, netting the investor a gain of 25% so far.