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Applied Digital

281 hedge funds and large institutions have $1.45B invested in Applied Digital in 2025 Q2 according to their latest regulatory filings, with 89 funds opening new positions, 85 increasing their positions, 78 reducing their positions, and 56 closing their positions.

New
Increased
Maintained
Reduced
Closed

78% more capital invested

Capital invested by funds: $817M → $1.45B (+$634M)

59% more first-time investments, than exits

New positions opened: 89 | Existing positions closed: 56

43% more call options, than puts

Call options by funds: $275M | Put options by funds: $193M

14% more funds holding in top 10

Funds holding in top 10: 78 (+1)

13% more funds holding

Funds holding: 249281 (+32)

9% more repeat investments, than reductions

Existing positions increased: 85 | Existing positions reduced: 78

1.23% less ownership

Funds ownership: 65.24%64.01% (-1.2%)

Holders
281
Holders Change
+32
Holders Change %
+12.85%
% of All Funds
3.7%
Holding in Top 10
8
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+14.29%
% of All Funds
0.11%
New
89
Increased
85
Reduced
78
Closed
56
Calls
$275M
Puts
$193M
Net Calls
+$81.9M
Net Calls Change
+$88.1M
Name Holding Trade Value Shares
Change
Change in
Stake
Tudor Investment Corp
26
Tudor Investment Corp
Connecticut
$9.49M +$6.95M +942,008 New
BFM
27
Boothbay Fund Management
New York
$9.11M -$22.6K -3,059 -0.3%
SC
28
Shellback Capital
Massachusetts
$9.06M +$6.64M +900,000 New
ETC
29
Exchange Traded Concepts
Oklahoma
$7.36M -$2.3M -311,480 -30%
IMC Chicago
30
IMC Chicago
Illinois
$6.82M +$3.25M +441,109 +187%
Verition Fund Management
31
Verition Fund Management
Connecticut
$6.61M +$2.66M +360,436 +122%
Marshall Wace
32
Marshall Wace
United Kingdom
$6.59M -$3.99M -540,774 -45%
SEI Investments
33
SEI Investments
Pennsylvania
$6.29M +$138K +18,679 +3%
HAIM
34
Hunter Associates Investment Management
Pennsylvania
$5.93M +$392K +53,172 +10%
CCM
35
Clearfield Capital Management
New York
$5.73M -$26.6M -3,607,000 -86%
YIH
36
Y-Intercept (HK)
Hong Kong
$5.63M +$4.13M +559,317 New
FC
37
FORA Capital
Florida
$5.5M +$4.03M +546,608 New
Millennium Management
38
Millennium Management
New York
$5.41M +$123K +16,653 +3%
Bank of New York Mellon
39
Bank of New York Mellon
New York
$5.31M +$13K +1,764 +0.3%
TSC
40
Two Seas Capital
New York
$5.04M +$3.69M +500,000 New
ARAM
41
Ardmore Road Asset Management
New York
$4.57M +$3.34M +453,365 New
TIM
42
Thor Investment Management
Ohio
$4.53M +$172K +23,363 +5%
LPL Financial
43
LPL Financial
California
$4.5M +$1.08M +146,632 +49%
AWA
44
Arete Wealth Advisors
Illinois
$4.09M -$4.84M -656,558 -62%
Nomura Holdings
45
Nomura Holdings
Japan
$3.86M -$15.6M -2,118,426 -85%
HT
46
Headlands Technologies
Illinois
$3.81M +$2.47M +334,841 +768%
Barclays
47
Barclays
United Kingdom
$3.76M +$787K +106,645 +40%
Simplex Trading
48
Simplex Trading
Illinois
$3.47M +$641K +86,874 +34%
Swiss National Bank
49
Swiss National Bank
Switzerland
$3.46M +$119K +16,100 +5%
BHCM
50
Brevan Howard Capital Management
Jersey
$3.42M -$33.9K -4,593 -1%

APLD Hedge Fund Activity: Q2 2025 in Review

281 of the 7,596 institutional investors tracked by Wall St. Rank reported a position in Applied Digital (APLD) for Q2 2025, worth a combined $1.45B — up 78% from $817M a quarter earlier.

Buyers outnumbered sellers: 89 funds opened new APLD positions and 56 closed out — a net gain of 33 holders — while 85 added to existing stakes and 78 trimmed.

The largest buyer was BNP Paribas Financial Markets, adding an estimated $38.3M. The largest seller was Oasis Management Company, cutting an estimated $56.8M.

  • 281 institutional investors held Applied Digital (APLD) as of Q2 2025, up from 249 in Q1 2025.
  • Funds reported $1.45B of Applied Digital stock for Q2 2025, up 78% quarter-over-quarter.
  • 89 funds opened new Applied Digital positions in Q2 2025 and 56 closed out, a net change of +33 holders.
  • The largest Applied Digital buyer in Q2 2025 was BNP Paribas Financial Markets, an estimated $38.3M added.
  • The largest Applied Digital seller in Q2 2025 was Oasis Management Company, an estimated $56.8M sold.

Based on aggregated 13F filings for Q2 2025.