Applied Digital
APLD
131 hedge funds and large institutions have $347M invested in Applied Digital in 2023 Q3 according to their latest regulatory filings, with 30 funds opening new positions, 52 increasing their positions, 38 reducing their positions, and 25 closing their positions.
37% more repeat investments, than reductions
Existing positions increased: 52 | Existing positions reduced: 38
21% more call options, than puts
Call options by funds: $21.1M | Put options by funds: $17.5M
20% more first-time investments, than exits
New positions opened: 30 | Existing positions closed: 25
4% more funds holding
Funds holding: 126 → 131 (+5)
2.89% more ownership
Funds ownership: 50.66% → 53.55% (+2.9%)
24% less capital invested
Capital invested by funds: $455M → $347M (-$107M)
33% less funds holding in top 10
Funds holding in top 10: 9 → 6 (-3)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HRCM
Hood River Capital Management
Palm Beach Gardens,
Florida
|
+$12.2M |
| 2 |
Capital Research Global Investors
Los Angeles,
California
|
+$9.72M |
| 3 |
BC
BIT Capital
Berlin,
Germany
|
+$9.45M |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
+$6.73M |
| 5 |
BlackRock
New York
|
+$6.65M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PCM
Portolan Capital Management
Boston,
Massachusetts
|
-$15.3M |
| 2 |
BRWA
B. Riley Wealth Advisors
Boca Raton,
Florida
|
-$13.6M |
| 3 |
Creative Planning
Overland Park,
Kansas
|
-$10.1M |
| 4 |
Millennium Management
New York
|
-$3.66M |
| 5 |
EI
EAM Investors
Solana Beach,
California
|
-$3.45M |
APLD Hedge Fund Activity: Q3 2023 in Review
131 of the 6,310 institutional investors tracked by Wall St. Rank reported a position in Applied Digital (APLD) for Q3 2023, worth a combined $347M — down 24% from $455M a quarter earlier.
Buyers outnumbered sellers: 30 funds opened new APLD positions and 25 closed out — a net gain of 5 holders — while 52 added to existing stakes and 38 trimmed.
The largest buyer was Hood River Capital Management, adding an estimated $12.2M. The largest seller was Portolan Capital Management, cutting an estimated $15.3M.
- 131 institutional investors held Applied Digital (APLD) as of Q3 2023, up from 126 in Q2 2023.
- Funds reported $347M of Applied Digital stock for Q3 2023, down 24% quarter-over-quarter.
- 30 funds opened new Applied Digital positions in Q3 2023 and 25 closed out, a net change of +5 holders.
- The largest Applied Digital buyer in Q3 2023 was Hood River Capital Management, an estimated $12.2M added.
- The largest Applied Digital seller in Q3 2023 was Portolan Capital Management, an estimated $15.3M sold.
Based on aggregated 13F filings for Q3 2023.