Appian
APPN
71 hedge funds and large institutions have $274M invested in Appian in 2018 Q1 according to their latest regulatory filings, with 29 funds opening new positions, 22 increasing their positions, 9 reducing their positions, and 14 closing their positions.
144% more repeat investments, than reductions
Existing positions increased: 22 | Existing positions reduced: 9
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)
9% less capital invested
Capital invested by funds: $299M → $274M (-$25.4M)
49.29% less ownership
Funds ownership: 131.73% → 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 |
APPN Hedge Fund Activity: Q1 2018 in Review
71 of the 4,373 institutional investors tracked by Wall St. Rank reported a position in Appian (APPN) for Q1 2018, worth a combined $274M — down 8.5% 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 9 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 $274M of Appian stock for Q1 2018, down 8.5% 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.