Applovin
1,593 hedge funds and large institutions have $164B invested in Applovin in 2025 Q4 according to their latest regulatory filings, with 297 funds opening new positions, 660 increasing their positions, 535 reducing their positions, and 134 closing their positions.
122% more first-time investments, than exits
New positions opened: 297 | Existing positions closed: 134
23% more repeat investments, than reductions
Existing positions increased: 660 | Existing positions reduced: 535
10% more funds holding
Funds holding: 1,453 → 1,593 (+140)
3% more call options, than puts
Call options by funds: $9.33B | Put options by funds: $9.04B
0.39% more ownership
Funds ownership: 78.66% → 79.05% (+0.39%)
5% less capital invested
Capital invested by funds: $173B → $164B (-$9.01B)
20% less funds holding in top 10
Funds holding in top 10: 95 → 76 (-19)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Invesco
Atlanta,
Georgia
|
+$4.69B |
| 2 |
Amundi
Paris,
France
|
+$403M |
| 3 |
Morgan Stanley
New York
|
+$340M |
| 4 |
Geode Capital Management
Boston,
Massachusetts
|
+$282M |
| 5 |
Sands Capital Management
Arlington,
Virginia
|
+$281M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RIM
Rakuten Investment Management
Tokyo,
Japan
|
-$1.25B |
| 2 |
Jennison Associates
New York
|
-$724M |
| 3 |
BlackRock
New York
|
-$478M |
| 4 |
Goldman Sachs
New York
|
-$464M |
| 5 |
Tiger Global Management
New York
|
-$447M |
APP Hedge Fund Activity: Q4 2025 in Review
1,593 of the 8,284 institutional investors tracked by Wall St. Rank reported a position in Applovin (APP) for Q4 2025, worth a combined $164B — down 5.2% from $173B a quarter earlier.
Buyers outnumbered sellers: 297 funds opened new APP positions and 134 closed out — a net gain of 163 holders — while 660 added to existing stakes and 535 trimmed.
The largest buyer was Invesco, adding an estimated $4.69B. The largest seller was Rakuten Investment Management, cutting an estimated $1.25B.
- 1,593 institutional investors held Applovin (APP) as of Q4 2025, up from 1,453 in Q3 2025.
- Funds reported $164B of Applovin stock for Q4 2025, down 5.2% quarter-over-quarter.
- 297 funds opened new Applovin positions in Q4 2025 and 134 closed out, a net change of +163 holders.
- The largest Applovin buyer in Q4 2025 was Invesco, an estimated $4.69B added.
- The largest Applovin seller in Q4 2025 was Rakuten Investment Management, an estimated $1.25B sold.
Based on aggregated 13F filings for Q4 2025.