Appian
APPN
74 hedge funds and large institutions have $384M invested in Appian in 2018 Q2 according to their latest regulatory filings, with 26 funds opening new positions, 28 increasing their positions, 11 reducing their positions, and 23 closing their positions.
155% more repeat investments, than reductions
Existing positions increased: 28 | Existing positions reduced: 11
43% more capital invested
Capital invested by funds: $269M → $384M (+$115M)
13% more first-time investments, than exits
New positions opened: 26 | Existing positions closed: 23
4% more funds holding
Funds holding: 71 → 74 (+3)
26.32% less ownership
Funds ownership: 82.44% → 56.12% (-26%)
33% less funds holding in top 10
Funds holding in top 10: 3 → 2 (-1)
100% less call options, than puts
Call options by funds: $0 | Put options by funds: $274K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Vanguard Group
Malvern,
Pennsylvania
|
+$14.7M |
| 2 |
FCM
Frontier Capital Management
Boston,
Massachusetts
|
+$8.84M |
| 3 |
ACA
Abdiel Capital Advisors
New York
|
+$7.99M |
| 4 |
OCP
Oakcliff Capital Partners
New York
|
+$7.23M |
| 5 |
D.E. Shaw & Co
New York
|
+$4.19M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$17M |
| 2 |
HLA
Hamilton Lane Advisors
Conshohocken,
Pennsylvania
|
-$5.29M |
| 3 |
Teacher Retirement System of Texas
Austin,
Texas
|
-$4.64M |
| 4 |
Brown Advisory
Baltimore,
Maryland
|
-$4.15M |
| 5 |
JP Morgan Chase
New York
|
-$3.56M |
APPN Hedge Fund Activity: Q2 2018 in Review
74 of the 4,368 institutional investors tracked by Wall St. Rank reported a position in Appian (APPN) for Q2 2018, worth a combined $384M — up 43% from $269M a quarter earlier.
Buyers outnumbered sellers: 26 funds opened new APPN positions and 23 closed out — a net gain of 3 holders — while 28 added to existing stakes and 11 trimmed.
The largest buyer was Vanguard Group, adding an estimated $14.7M. The largest seller was T. Rowe Price Associates, cutting an estimated $17M.
- 74 institutional investors held Appian (APPN) as of Q2 2018, up from 71 in Q1 2018.
- Funds reported $384M of Appian stock for Q2 2018, up 43% quarter-over-quarter.
- 26 funds opened new Appian positions in Q2 2018 and 23 closed out, a net change of +3 holders.
- The largest Appian buyer in Q2 2018 was Vanguard Group, an estimated $14.7M added.
- The largest Appian seller in Q2 2018 was T. Rowe Price Associates, an estimated $17M sold.
Based on aggregated 13F filings for Q2 2018.