Applovin
APP
1,390 hedge funds and large institutions have $87.5B invested in Applovin in 2026 Q1 according to their latest regulatory filings, with 159 funds opening new positions, 532 increasing their positions, 575 reducing their positions, and 336 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: 532 | Existing positions reduced: 575
8.99% less ownership
Funds ownership: 80.41% → 71.42% (-9%)
13% less funds holding
Funds holding: 1,592 → 1,390 (-202)
47% less capital invested
Capital invested by funds: $164B → $87.5B (-$76.3B)
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: 159 | Existing positions closed: 336
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,
|
-$690M |
| 5 |
Invesco
Atlanta,
Georgia
|
-$552M |
APP Hedge Fund Activity: Q1 2026 in Review
1,390 of the 8,172 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: 336 funds closed out of APP and 159 opened new positions — a net loss of 177 holders — while 575 trimmed existing stakes and 532 added.
The largest buyer was Fidelity Investments, adding an estimated $1.26B. The largest seller was IEQ Capital, cutting an estimated $7.5B.
- 1,390 institutional investors held Applovin (APP) as of Q1 2026, down from 1,592 in Q4 2025.
- Funds reported $87.5B of Applovin stock for Q1 2026, down 47% quarter-over-quarter.
- 159 funds opened new Applovin positions in Q1 2026 and 336 closed out, a net change of -177 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.