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71 hedge funds and large institutions have $269M invested in Appian in 2018 Q1 according to their latest regulatory filings, with 29 funds opening new positions, 22 increasing their positions, 10 reducing their positions, and 14 closing their positions.

New
Increased
Maintained
Reduced
Closed

120% more repeat investments, than reductions

Existing positions increased: 22 | Existing positions reduced: 10

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: 23 (+1)

25% more funds holding

Funds holding: 5771 (+14)

10% less capital invested

Capital invested by funds: $299M → $269M (-$30.4M)

49.3% less ownership

Funds ownership: 131.74%82.44% (-49%)

Holders
71
Holders Change
+14
Holders Change %
+24.56%
% of All Funds
1.63%
Holding in Top 10
3
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+50%
% of All Funds
0.07%
New
29
Increased
22
Reduced
10
Closed
14
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
ACA
1
Abdiel Capital Advisors
New York
$139M +$14.9M +492,235 +10%
Lord, Abbett & Co
2
Lord, Abbett & Co
New Jersey
$20.5M +$1.36M +44,842 +6%
Vanguard Group
3
Vanguard Group
Pennsylvania
$15.4M +$353K +11,647 +2%
T. Rowe Price Associates
4
T. Rowe Price Associates
Maryland
$14.2M +$16.9M +557,053 +8,073%
TAM
5
Telemark Asset Management
Massachusetts
$9.32M
GGHC
6
Gilder Gagnon Howe & Co
New York
$6.2M -$1.84M -60,777 -20%
ECM
7
Engle Capital Management
Connecticut
$5.54M +$3.64M +120,000 +120%
Teacher Retirement System of Texas
8
Teacher Retirement System of Texas
Texas
$4.64M +$5.58M +184,168 New
SIM
9
Spark Investment Management
New York
$4.45M +$3.48M +115,000 +186%
Brown Advisory
10
Brown Advisory
Maryland
$4.15M -$6.09M -200,906 -55%
BlackRock
11
BlackRock
New York
$4.06M +$892K +29,428 +22%
NI
12
Nepsis Inc
Minnesota
$3.58M +$161K +5,307 +4%
Aberdeen Group
13
Aberdeen Group
United Kingdom
$3.52M +$4.24M +139,829 New
PC
14
Polar Capital
United Kingdom
$3.26M +$3.93M +129,778 New
JP Morgan Chase
15
JP Morgan Chase
New York
$2.93M -$15.8M -521,873 -82%
UOC
16
UBS O'Connor
Illinois
$2.77M +$3.33M +109,799 New
CAM
17
Cortina Asset Management
Wisconsin
$2.68M +$3.22M +106,352 New
Morgan Stanley
18
Morgan Stanley
New York
$2.19M -$442K -14,584 -14%
WCA
19
Whetstone Capital Advisors
Kansas
$2.18M +$2.62M +86,620 New
RC
20
Roundview Capital
New Jersey
$1.92M -$840K -27,730 -27%
Kayne Anderson Rudnick Investment Management
21
Kayne Anderson Rudnick Investment Management
California
$1.84M +$780K +25,725 +54%
TOPU
22
Trustees of Princeton University
New Jersey
$1.76M +$2.12M +70,000 New
Geode Capital Management
23
Geode Capital Management
Massachusetts
$1.71M
SO
24
STRS Ohio
Ohio
$1.32M +$1.59M +52,619 New
Goldman Sachs
25
Goldman Sachs
New York
$1.2M +$1.44M +47,634 New

APPN Hedge Fund Activity: Q1 2018 in Review

71 of the 4,363 institutional investors tracked by Wall St. Rank reported a position in Appian (APPN) for Q1 2018, worth a combined $269M — down 10% 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 10 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 $269M of Appian stock for Q1 2018, down 10% 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.