Appian
APPN
71 hedge funds and large institutions have $269M invested in Appian in 2018 Q1 according to their latest regulatory filings, with 29 funds opening new positions, 22 increasing their positions, 10 reducing their positions, and 14 closing their positions.
120% more repeat investments, than reductions
Existing positions increased: 22 | Existing positions reduced: 10
107% more first-time investments, than exits
New positions opened: 29 | Existing positions closed: 14
50% more funds holding in top 10
Funds holding in top 10: 2 → 3 (+1)
25% more funds holding
Funds holding: 57 → 71 (+14)
10% less capital invested
Capital invested by funds: $299M → $269M (-$30.4M)
49.3% less ownership
Funds ownership: 131.74% → 82.44% (-49%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$16.9M |
| 2 |
ACA
Abdiel Capital Advisors
New York
|
+$14.9M |
| 3 |
HLA
Hamilton Lane Advisors
Conshohocken,
Pennsylvania
|
+$6.04M |
| 4 |
Teacher Retirement System of Texas
Austin,
Texas
|
+$5.58M |
| 5 |
Aberdeen Group
Edinburgh,
United Kingdom
|
+$4.24M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JP Morgan Chase
New York
|
-$15.8M |
| 2 |
WRCM
Whale Rock Capital Management
Boston,
Massachusetts
|
-$7.69M |
| 3 |
Brown Advisory
Baltimore,
Maryland
|
-$6.09M |
| 4 |
Balyasny Asset Management
Chicago,
Illinois
|
-$2.99M |
| 5 |
GGHC
Gilder Gagnon Howe & Co
New York
|
-$1.84M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
GU
76
Georgetown University
Washington,
District of Columbia
| – | -$420K | -13,349 | Closed |
|
77
Deutsche Bank
Frankfurt Am Main Ge,
Germany
| – | -$250K | -7,945 | Closed |
|
78
Citadel Advisors
Miami,
Florida
| – | -$220K | -6,982 | Closed |
|
79
New York State Common Retirement Fund
Albany,
New York
| – | -$49K | -1,551 | Closed |
|
80
Macquarie Group
Sydney, NSW 2000,
Australia
| – | -$38K | -1,200 | Closed |
|
|
DCM
81
Delpha Capital Management
New York
| – | -$25K | -788 | Closed |
|
|
CPA
82
Cowen Prime Advisors
New York
| – | -$6K | -200 | Closed |
|
|
VNA
83
Valley National Advisers
Bethlehem,
Pennsylvania
| – | -$3K | -100 | Closed |
|
|
BCI
84
Brinker Capital Investments
Berwyn,
Pennsylvania
| – | +$91 | +3 | New |
|
APPN Hedge Fund Activity: Q1 2018 in Review
71 of the 4,363 institutional investors tracked by Wall St. Rank reported a position in Appian (APPN) for Q1 2018, worth a combined $269M — down 10% from $299M a quarter earlier.
Buyers outnumbered sellers: 29 funds opened new APPN positions and 14 closed out — a net gain of 15 holders — while 22 added to existing stakes and 10 trimmed.
The largest buyer was T. Rowe Price Associates, adding an estimated $16.9M. The largest seller was JP Morgan Chase, cutting an estimated $15.8M.
- 71 institutional investors held Appian (APPN) as of Q1 2018, up from 57 in Q4 2017.
- Funds reported $269M of Appian stock for Q1 2018, down 10% quarter-over-quarter.
- 29 funds opened new Appian positions in Q1 2018 and 14 closed out, a net change of +15 holders.
- The largest Appian buyer in Q1 2018 was T. Rowe Price Associates, an estimated $16.9M added.
- The largest Appian seller in Q1 2018 was JP Morgan Chase, an estimated $15.8M sold.
Based on aggregated 13F filings for Q1 2018.