Appian
APPN
212 hedge funds and large institutions have $915M invested in Appian in 2022 Q4 according to their latest regulatory filings, with 31 funds opening new positions, 59 increasing their positions, 66 reducing their positions, and 51 closing their positions.
120% more call options, than puts
Call options by funds: $25.4M | Put options by funds: $11.5M
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
4.93% less ownership
Funds ownership: 73.37% → 68.44% (-4.9%)
11% less funds holding
Funds holding: 237 → 212 (-25)
11% less repeat investments, than reductions
Existing positions increased: 59 | Existing positions reduced: 66
25% less capital invested
Capital invested by funds: $1.23B → $915M (-$311M)
39% less first-time investments, than exits
New positions opened: 31 | Existing positions closed: 51
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HRCM
Hawk Ridge Capital Management
Los Angeles,
California
|
+$68.5M |
| 2 |
ACA
Abdiel Capital Advisors
New York
|
+$19.3M |
| 3 |
Balyasny Asset Management
Chicago,
Illinois
|
+$14.8M |
| 4 |
D.E. Shaw & Co
New York
|
+$10.7M |
| 5 |
Citadel Advisors
Miami,
Florida
|
+$7.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Baillie Gifford & Co
Edinburgh,
United Kingdom
|
-$160M |
| 2 |
Millennium Management
New York
|
-$10.2M |
| 3 |
SAM
Silvercrest Asset Management
New York
|
-$9.46M |
| 4 |
WP
Woodline Partners
San Francisco,
California
|
-$4.98M |
| 5 |
PCM
Prelude Capital Management
New York
|
-$4.06M |
APPN Hedge Fund Activity: Q4 2022 in Review
212 of the 6,221 institutional investors tracked by Wall St. Rank reported a position in Appian (APPN) for Q4 2022, worth a combined $915M — down 25% from $1.23B a quarter earlier.
Sellers outnumbered buyers: 51 funds closed out of APPN and 31 opened new positions — a net loss of 20 holders — while 66 trimmed existing stakes and 59 added.
The largest buyer was Hawk Ridge Capital Management, opening a new position worth an estimated $68.5M. The largest seller was Baillie Gifford & Co, cutting an estimated $160M.
- 212 institutional investors held Appian (APPN) as of Q4 2022, down from 237 in Q3 2022.
- Funds reported $915M of Appian stock for Q4 2022, down 25% quarter-over-quarter.
- 31 funds opened new Appian positions in Q4 2022 and 51 closed out, a net change of -20 holders.
- The largest Appian buyer in Q4 2022 was Hawk Ridge Capital Management, an estimated $68.5M added.
- The largest Appian seller in Q4 2022 was Baillie Gifford & Co, an estimated $160M sold.
Based on aggregated 13F filings for Q4 2022.