Applied Digital
APLD
283 hedge funds and large institutions have $1.45B invested in Applied Digital in 2025 Q2 according to their latest regulatory filings, with 88 funds opening new positions, 85 increasing their positions, 81 reducing their positions, and 56 closing their positions.
57% more first-time investments, than exits
New positions opened: 88 | 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: 7 → 8 (+1)
12% more funds holding
Funds holding: 252 → 283 (+31)
5% more repeat investments, than reductions
Existing positions increased: 85 | Existing positions reduced: 81
2% more capital inflows, than outflows
Capital inflows: $255M | Capital outflows: $250M
8.43% less ownership
Funds ownership: 65.58% → 57.15% (-8.4%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BNP Paribas Financial Markets
Paris,
France
|
+$38.3M |
| 2 |
Voloridge Investment Management
Jupiter,
Florida
|
+$24.1M |
| 3 |
Situational Awareness
San Francisco,
California
|
+$18.9M |
| 4 |
Goldman Sachs
New York
|
+$15M |
| 5 |
Citadel Advisors
Miami,
Florida
|
+$13.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Oasis Management Company
Grand Cayman,
Cayman Islands
|
-$56.8M |
| 2 |
Clearfield Capital Management
New York
|
-$26.6M |
| 3 |
D.E. Shaw & Co
New York
|
-$19M |
| 4 |
Nomura Holdings
Tokyo,
Japan
|
-$15.6M |
| 5 |
UBS Group
Zurich,
Switzerland
|
-$14.1M |
APLD Hedge Fund Activity: Q2 2025 in Review
283 of the 7,624 institutional investors tracked by Wall St. Rank reported a position in Applied Digital (APLD) for Q2 2025, worth a combined $1.45B — up 77% from $822M a quarter earlier.
Buyers outnumbered sellers: 88 funds opened new APLD positions and 56 closed out — a net gain of 32 holders — while 85 added to existing stakes and 81 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.
- 283 institutional investors held Applied Digital (APLD) as of Q2 2025, up from 252 in Q1 2025.
- Funds reported $1.45B of Applied Digital stock for Q2 2025, up 77% quarter-over-quarter.
- 88 funds opened new Applied Digital positions in Q2 2025 and 56 closed out, a net change of +32 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.