Appian
APPN
133 hedge funds and large institutions have $640M invested in Appian in 2019 Q1 according to their latest regulatory filings, with 47 funds opening new positions, 37 increasing their positions, 24 reducing their positions, and 18 closing their positions.
161% more first-time investments, than exits
New positions opened: 47 | Existing positions closed: 18
54% more repeat investments, than reductions
Existing positions increased: 37 | Existing positions reduced: 24
36% more capital invested
Capital invested by funds: $469M → $640M (+$171M)
27% more funds holding
Funds holding: 105 → 133 (+28)
1.18% less ownership
Funds ownership: 62.36% → 61.18% (-1.2%)
50% less call options, than puts
Call options by funds: $7M | Put options by funds: $14M
63% less funds holding in top 10
Funds holding in top 10: 8 → 3 (-5)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Baillie Gifford & Co
Edinburgh,
United Kingdom
|
+$26.7M |
| 2 |
D.E. Shaw & Co
New York
|
+$19.9M |
| 3 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$9.02M |
| 4 |
Renaissance Technologies
New York
|
+$7.97M |
| 5 |
Morgan Stanley
New York
|
+$7.43M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
EAM
EastBay Asset Management
New York
|
-$20.6M |
| 2 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$19.1M |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$10.1M |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
-$7.58M |
| 5 |
SIM
Spark Investment Management
New York
|
-$7.16M |
APPN Hedge Fund Activity: Q1 2019 in Review
133 of the 4,620 institutional investors tracked by Wall St. Rank reported a position in Appian (APPN) for Q1 2019, worth a combined $640M — up 36% from $469M a quarter earlier.
Buyers outnumbered sellers: 47 funds opened new APPN positions and 18 closed out — a net gain of 29 holders — while 37 added to existing stakes and 24 trimmed.
The largest buyer was Baillie Gifford & Co, opening a new position worth an estimated $26.7M. The largest seller was EastBay Asset Management, exiting entirely with an estimated $20.6M sold.
- 133 institutional investors held Appian (APPN) as of Q1 2019, up from 105 in Q4 2018.
- Funds reported $640M of Appian stock for Q1 2019, up 36% quarter-over-quarter.
- 47 funds opened new Appian positions in Q1 2019 and 18 closed out, a net change of +29 holders.
- The largest Appian buyer in Q1 2019 was Baillie Gifford & Co, an estimated $26.7M added.
- The largest Appian seller in Q1 2019 was EastBay Asset Management, an estimated $20.6M sold.
Based on aggregated 13F filings for Q1 2019.