Appian
APPN
221 hedge funds and large institutions have $1.08B invested in Appian in 2025 Q2 according to their latest regulatory filings, with 39 funds opening new positions, 72 increasing their positions, 59 reducing their positions, and 38 closing their positions.
50% more funds holding in top 10
Funds holding in top 10: 2 → 3 (+1)
22% more repeat investments, than reductions
Existing positions increased: 72 | Existing positions reduced: 59
6% more capital invested
Capital invested by funds: $1.02B → $1.08B (+$62.6M)
1.66% more ownership
Funds ownership: 82.16% → 83.82% (+1.7%)
3% more first-time investments, than exits
New positions opened: 39 | Existing positions closed: 38
0% more funds holding
Funds holding: 221 → 221 (0)
61% less call options, than puts
Call options by funds: $34.2M | Put options by funds: $88.8M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$14.1M |
| 2 |
Marshall Wace
London,
United Kingdom
|
+$11M |
| 3 |
Janus Henderson Group
London,
United Kingdom
|
+$10.1M |
| 4 |
Acadian Asset Management
Boston,
Massachusetts
|
+$9.07M |
| 5 |
Jacobs Levy Equity Management
Florham Park,
New Jersey
|
+$7.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ACA
Abdiel Capital Advisors
New York
|
-$74M |
| 2 |
Millennium Management
New York
|
-$6.99M |
| 3 |
Goldman Sachs
New York
|
-$5.18M |
| 4 |
Parallax Volatility Advisers
San Francisco,
California
|
-$4.38M |
| 5 |
BlackRock
New York
|
-$2.8M |
APPN Hedge Fund Activity: Q2 2025 in Review
221 of the 7,595 institutional investors tracked by Wall St. Rank reported a position in Appian (APPN) for Q2 2025, worth a combined $1.08B — up 6.2% from $1.02B a quarter earlier.
Buyers outnumbered sellers: 39 funds opened new APPN positions and 38 closed out — a net gain of 1 holder — while 72 added to existing stakes and 59 trimmed.
The largest buyer was Arrowstreet Capital, adding an estimated $14.1M. The largest seller was Abdiel Capital Advisors, cutting an estimated $74M.
- 221 institutional investors held Appian (APPN) as of Q2 2025, unchanged from Q1 2025.
- Funds reported $1.08B of Appian stock for Q2 2025, up 6.2% quarter-over-quarter.
- 39 funds opened new Appian positions in Q2 2025 and 38 closed out, a net change of +1 holder.
- The largest Appian buyer in Q2 2025 was Arrowstreet Capital, an estimated $14.1M added.
- The largest Appian seller in Q2 2025 was Abdiel Capital Advisors, an estimated $74M sold.
Based on aggregated 13F filings for Q2 2025.