Applovin
APP
1,383 hedge funds and large institutions have $87.5B invested in Applovin in 2026 Q1 according to their latest regulatory filings, with 156 funds opening new positions, 531 increasing their positions, 572 reducing their positions, and 334 closing their positions.
12% more call options, than puts
Call options by funds: $5.57B | Put options by funds: $4.96B
7% less repeat investments, than reductions
Existing positions increased: 531 | Existing positions reduced: 572
8.98% less ownership
Funds ownership: 80.39% → 71.42% (-9%)
13% less funds holding
Funds holding: 1,590 → 1,383 (-207)
47% less capital invested
Capital invested by funds: $164B → $87.5B (-$76.2B)
49% less funds holding in top 10
Funds holding in top 10: 76 → 39 (-37)
53% less first-time investments, than exits
New positions opened: 156 | Existing positions closed: 334
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$1.26B |
| 2 |
Capital International Investors
Los Angeles,
California
|
+$891M |
| 3 |
Capital Research Global Investors
Los Angeles,
California
|
+$691M |
| 4 |
LPC
Lone Pine Capital
Greenwich,
Connecticut
|
+$331M |
| 5 |
Baillie Gifford & Co
Edinburgh,
United Kingdom
|
+$258M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
IC
IEQ Capital
Foster City,
California
|
-$7.5B |
| 2 |
Corient Private Wealth
Miami,
Florida
|
-$2.03B |
| 3 |
JP Morgan Chase
New York
|
-$1.42B |
| 4 |
Janus Henderson Group
London,
United Kingdom
|
-$690M |
| 5 |
Invesco
Atlanta,
Georgia
|
-$552M |
APP Hedge Fund Activity: Q1 2026 in Review
1,383 of the 8,128 institutional investors tracked by Wall St. Rank reported a position in Applovin (APP) for Q1 2026, worth a combined $87.5B — down 47% from $164B a quarter earlier.
Sellers outnumbered buyers: 334 funds closed out of APP and 156 opened new positions — a net loss of 178 holders — while 572 trimmed existing stakes and 531 added.
The largest buyer was Fidelity Investments, adding an estimated $1.26B. The largest seller was IEQ Capital, cutting an estimated $7.5B.
- 1,383 institutional investors held Applovin (APP) as of Q1 2026, down from 1,590 in Q4 2025.
- Funds reported $87.5B of Applovin stock for Q1 2026, down 47% quarter-over-quarter.
- 156 funds opened new Applovin positions in Q1 2026 and 334 closed out, a net change of -178 holders.
- The largest Applovin buyer in Q1 2026 was Fidelity Investments, an estimated $1.26B added.
- The largest Applovin seller in Q1 2026 was IEQ Capital, an estimated $7.5B sold.
Based on aggregated 13F filings for Q1 2026.