Applied Digital
APLD
126 hedge funds and large institutions have $455M invested in Applied Digital in 2023 Q2 according to their latest regulatory filings, with 57 funds opening new positions, 35 increasing their positions, 30 reducing their positions, and 5 closing their positions.
1,040% more first-time investments, than exits
New positions opened: 57 | Existing positions closed: 5
480% more capital invested
Capital invested by funds: $78.4M → $455M (+$376M)
350% more funds holding in top 10
Funds holding in top 10: 2 → 9 (+7)
88% more call options, than puts
Call options by funds: $16.9M | Put options by funds: $8.99M
70% more funds holding
Funds holding: 74 → 126 (+52)
17% more repeat investments, than reductions
Existing positions increased: 35 | Existing positions reduced: 30
13.6% more ownership
Funds ownership: 37.06% → 50.66% (+14%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PCM
Portolan Capital Management
Boston,
Massachusetts
|
+$19.1M |
| 2 |
BRWA
B. Riley Wealth Advisors
Boca Raton,
Florida
|
+$12.5M |
| 3 |
Millennium Management
New York
|
+$8.45M |
| 4 |
HRCM
Hood River Capital Management
Palm Beach Gardens,
Florida
|
+$7.02M |
| 5 |
CM
CastleKnight Management
New York
|
+$6.48M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
NC
Nokomis Capital
Dallas,
Texas
|
-$15.6M |
| 2 |
Mirae Asset Global Investments
Seoul,
South Korea
|
-$3.58M |
| 3 |
ETC
Exchange Traded Concepts
Oklahoma City,
Oklahoma
|
-$3.15M |
| 4 |
VanEck Associates
New York
|
-$2.67M |
| 5 |
EPM
Equitec Proprietary Markets
Chicago,
Illinois
|
-$2.63M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
GPCM
126
Granite Point Capital Management
Boston,
Massachusetts
| – | -$515K | -229,857 | Closed |
|
127
Truist Financial
Charlotte,
North Carolina
| – | -$224K | -100,000 | Closed |
|
|
BPA
128
Beacon Pointe Advisors
Newport Beach,
California
| – | -$70.4K | -31,439 | Closed |
|
|
SMC
129
Smith, Moore & Co
Clayton,
Missouri
| – | -$32.5K | -14,500 | Closed |
|
130
Goldman Sachs
New York
| – | -$32.2K | -14,373 | Closed |
|
131
Lazard Asset Management
New York
| – | -$566 | -95 | -66% |
|
APLD Hedge Fund Activity: Q2 2023 in Review
126 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in Applied Digital (APLD) for Q2 2023, worth a combined $455M — up 480% from $78.4M a quarter earlier.
Buyers outnumbered sellers: 57 funds opened new APLD positions and 5 closed out — a net gain of 52 holders — while 35 added to existing stakes and 30 trimmed.
The largest buyer was Portolan Capital Management, opening a new position worth an estimated $19.1M. The largest seller was Nokomis Capital, cutting an estimated $15.6M.
- 126 institutional investors held Applied Digital (APLD) as of Q2 2023, up from 74 in Q1 2023.
- Funds reported $455M of Applied Digital stock for Q2 2023, up 480% quarter-over-quarter.
- 57 funds opened new Applied Digital positions in Q2 2023 and 5 closed out, a net change of +52 holders.
- The largest Applied Digital buyer in Q2 2023 was Portolan Capital Management, an estimated $19.1M added.
- The largest Applied Digital seller in Q2 2023 was Nokomis Capital, an estimated $15.6M sold.
Based on aggregated 13F filings for Q2 2023.