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221 hedge funds and large institutions have $1.02B invested in Appian in 2025 Q1 according to their latest regulatory filings, with 48 funds opening new positions, 81 increasing their positions, 43 reducing their positions, and 29 closing their positions.

New
Increased
Maintained
Reduced
Closed

88% more repeat investments, than reductions

Existing positions increased: 81 | Existing positions reduced: 43

66% more first-time investments, than exits

New positions opened: 48 | Existing positions closed: 29

9% more funds holding

Funds holding: 203221 (+18)

5.38% more ownership

Funds ownership: 76.78%82.16% (+5.4%)

0% more funds holding in top 10

Funds holding in top 10: 22 (0)

6% less capital invested

Capital invested by funds: $1.08B → $1.02B (-$64M)

80% less call options, than puts

Call options by funds: $18.9M | Put options by funds: $92.1M

Holders
221
Holders Change
+18
Holders Change %
+8.87%
% of All Funds
2.96%
Holding in Top 10
2
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.03%
New
48
Increased
81
Reduced
43
Closed
29
Calls
$18.9M
Puts
$92.1M
Net Calls
-$73.3M
Net Calls Change
-$76.5M
Name Holding Trade Value Shares
Change
Change in
Stake
PI
26
PineBridge Investments
New York
$6.35M +$7.21M +220,436 New
JP Morgan Chase
27
JP Morgan Chase
New York
$5.9M +$1.44M +44,085 +27%
AQR Capital Management
28
AQR Capital Management
Connecticut
$5.76M +$5.15M +157,233 +369%
BNP Paribas Financial Markets
29
BNP Paribas Financial Markets
France
$5.45M +$3.12M +95,416 +102%
CSS
30
Cubist Systematic Strategies
Connecticut
$4.87M +$2.98M +91,202 +117%
SLG
31
Stanley-Laman Group
Pennsylvania
$4.57M +$518K +15,815 +11%
Bank of America
32
Bank of America
North Carolina
$4.55M +$3.85M +117,558 +290%
Parallax Volatility Advisers
33
Parallax Volatility Advisers
California
$4.38M +$4.98M +152,016 New
Susquehanna International Group
34
Susquehanna International Group
Pennsylvania
$3.79M +$2.44M +74,682 +131%
Jane Street
35
Jane Street
New York
$3.72M +$2.98M +90,939 +237%
Fidelity Investments
36
Fidelity Investments
Massachusetts
$3.47M +$3.03M +92,697 +334%
Bank of New York Mellon
37
Bank of New York Mellon
New York
$3.16M -$89.1K -2,721 -2%
N
38
Nuveen
North Carolina
$3.01M -$3.87M -118,367 -53%
Luther King Capital Management (LKCM)
39
Luther King Capital Management (LKCM)
Texas
$2.98M -$736K -22,500 -18%
CM
40
Caption Management
Oklahoma
$2.73M +$3.1M +94,714 New
UBS AM
41
UBS AM
Illinois
$2.6M +$73.4K +2,244 +3%
UBS Group
42
UBS Group
Switzerland
$2.51M +$290K +8,848 +11%
Russell Investments Group
43
Russell Investments Group
United Kingdom
$2.48M +$2.69M +82,120 +2,173%
Deutsche Bank
44
Deutsche Bank
Germany
$2.45M +$1.64M +50,240 +145%
ILCM
45
Ivy Lane Capital Management
Florida
$2.3M +$2.62M +80,000 New
Acadian Asset Management
46
Acadian Asset Management
Massachusetts
$2.3M +$2.62M +79,933 New
AG
47
Algert Global
California
$2.25M +$453K +13,840 +21%
Tudor Investment Corp
48
Tudor Investment Corp
Connecticut
$2.09M -$380K -11,597 -14%
PEAK6
49
PEAK6
Illinois
$2.09M +$2.37M +72,442 New
Citadel Advisors
50
Citadel Advisors
Florida
$1.98M +$1.86M +56,940 +481%

APPN Hedge Fund Activity: Q1 2025 in Review

221 of the 7,458 institutional investors tracked by Wall St. Rank reported a position in Appian (APPN) for Q1 2025, worth a combined $1.02B — down 5.9% from $1.08B a quarter earlier.

Buyers outnumbered sellers: 48 funds opened new APPN positions and 29 closed out — a net gain of 19 holders — while 81 added to existing stakes and 43 trimmed.

The largest buyer was Hawk Ridge Capital Management, opening a new position worth an estimated $8.58M. The largest seller was Morgan Stanley, cutting an estimated $7.73M.

  • 221 institutional investors held Appian (APPN) as of Q1 2025, up from 203 in Q4 2024.
  • Funds reported $1.02B of Appian stock for Q1 2025, down 5.9% quarter-over-quarter.
  • 48 funds opened new Appian positions in Q1 2025 and 29 closed out, a net change of +19 holders.
  • The largest Appian buyer in Q1 2025 was Hawk Ridge Capital Management, an estimated $8.58M added.
  • The largest Appian seller in Q1 2025 was Morgan Stanley, an estimated $7.73M sold.

Based on aggregated 13F filings for Q1 2025.