Applied Digital
APLD
74 hedge funds and large institutions have $78.4M invested in Applied Digital in 2023 Q1 according to their latest regulatory filings, with 18 funds opening new positions, 24 increasing their positions, 22 reducing their positions, and 9 closing their positions.
100% more first-time investments, than exits
New positions opened: 18 | Existing positions closed: 9
35% more capital invested
Capital invested by funds: $58M → $78.4M (+$20.4M)
12% more funds holding
Funds holding: 66 → 74 (+8)
3.6% more ownership
Funds ownership: 33.45% → 37.06% (+3.6%)
9% more repeat investments, than reductions
Existing positions increased: 24 | Existing positions reduced: 22
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
DSCM
Divisadero Street Capital Management
Miami,
Florida
|
+$4.37M |
| 2 |
Creative Planning
Overland Park,
Kansas
|
+$3.33M |
| 3 |
HRCM
Hood River Capital Management
Palm Beach Gardens,
Florida
|
+$2.69M |
| 4 |
NC
Nokomis Capital
Dallas,
Texas
|
+$1.32M |
| 5 |
2C
272 Capital
Dallas,
Texas
|
+$1.31M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GPCM
Granite Point Capital Management
Boston,
Massachusetts
|
-$3.09M |
| 2 |
EPM
Equitec Proprietary Markets
Chicago,
Illinois
|
-$1.21M |
| 3 |
HP
Harvey Partners
Tarrytown,
New York
|
-$758K |
| 4 |
UBS Group
Zurich,
Switzerland
|
-$168K |
| 5 |
RCG
Rock Creek Group
Washington,
District of Columbia
|
-$166K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
PCM
76
Penserra Capital Management
Orinda,
California
| – | -$110K | -60,119 | Closed |
|
|
E
77
Ergoteles
New York
| – | -$64.3K | -34,950 | Closed |
|
78
Allspring Global Investments
Charlotte,
North Carolina
| – | -$17.1K | -9,283 | Closed |
|
|
LC
79
Lindbrook Capital
Calabasas,
California
| – | -$5.52K | -2,999 | Closed |
|
|
GRP
80
Global Retirement Partners
San Rafael,
California
| – | -$368 | -200 | Closed |
|
81
PNC Financial Services Group
Pittsburgh,
Pennsylvania
| – | -$305 | -166 | Closed |
|
82
Lazard Asset Management
New York
| – | -$92 | -37 | -20% |
|
|
CS
83
Credit Suisse
Zurich,
Switzerland
| – | -$6 | -3 | Closed |
|
APLD Hedge Fund Activity: Q1 2023 in Review
74 of the 6,276 institutional investors tracked by Wall St. Rank reported a position in Applied Digital (APLD) for Q1 2023, worth a combined $78.4M — up 35% from $58M a quarter earlier.
Buyers outnumbered sellers: 18 funds opened new APLD positions and 9 closed out — a net gain of 9 holders — while 24 added to existing stakes and 22 trimmed.
The largest buyer was Divisadero Street Capital Management, opening a new position worth an estimated $4.37M. The largest seller was Granite Point Capital Management, cutting an estimated $3.09M.
- 74 institutional investors held Applied Digital (APLD) as of Q1 2023, up from 66 in Q4 2022.
- Funds reported $78.4M of Applied Digital stock for Q1 2023, up 35% quarter-over-quarter.
- 18 funds opened new Applied Digital positions in Q1 2023 and 9 closed out, a net change of +9 holders.
- The largest Applied Digital buyer in Q1 2023 was Divisadero Street Capital Management, an estimated $4.37M added.
- The largest Applied Digital seller in Q1 2023 was Granite Point Capital Management, an estimated $3.09M sold.
Based on aggregated 13F filings for Q1 2023.