Appian
APPN
142 hedge funds and large institutions have $843M invested in Appian in 2019 Q2 according to their latest regulatory filings, with 43 funds opening new positions, 39 increasing their positions, 29 reducing their positions, and 33 closing their positions.
67% more funds holding in top 10
Funds holding in top 10: 3 → 5 (+2)
34% more repeat investments, than reductions
Existing positions increased: 39 | Existing positions reduced: 29
32% more capital invested
Capital invested by funds: $640M → $843M (+$203M)
30% more first-time investments, than exits
New positions opened: 43 | Existing positions closed: 33
13.36% more ownership
Funds ownership: 61.18% → 74.54% (+13%)
7% more funds holding
Funds holding: 133 → 142 (+9)
3% less call options, than puts
Call options by funds: $14.3M | Put options by funds: $14.7M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$51.4M |
| 2 |
First Trust Advisors
Wheaton,
Illinois
|
+$34.8M |
| 3 |
State Street
Boston,
Massachusetts
|
+$19.6M |
| 4 |
GIP
Granite Investment Partners
El Segundo,
California
|
+$13.1M |
| 5 |
IECM
Intrinsic Edge Capital Management
Chicago,
Illinois
|
+$9.37M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCG
Ruane, Cunniff & Goldfarb
New York
|
-$12.2M |
| 2 |
D.E. Shaw & Co
New York
|
-$8.82M |
| 3 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$4.96M |
| 4 |
Renaissance Technologies
New York
|
-$4.72M |
| 5 |
Bank of America
Charlotte,
North Carolina
|
-$3.27M |
APPN Hedge Fund Activity: Q2 2019 in Review
142 of the 4,625 institutional investors tracked by Wall St. Rank reported a position in Appian (APPN) for Q2 2019, worth a combined $843M — up 32% from $640M a quarter earlier.
Buyers outnumbered sellers: 43 funds opened new APPN positions and 33 closed out — a net gain of 10 holders — while 39 added to existing stakes and 29 trimmed.
The largest buyer was BlackRock, adding an estimated $51.4M. The largest seller was Ruane, Cunniff & Goldfarb, exiting entirely with an estimated $12.2M sold.
- 142 institutional investors held Appian (APPN) as of Q2 2019, up from 133 in Q1 2019.
- Funds reported $843M of Appian stock for Q2 2019, up 32% quarter-over-quarter.
- 43 funds opened new Appian positions in Q2 2019 and 33 closed out, a net change of +10 holders.
- The largest Appian buyer in Q2 2019 was BlackRock, an estimated $51.4M added.
- The largest Appian seller in Q2 2019 was Ruane, Cunniff & Goldfarb, an estimated $12.2M sold.
Based on aggregated 13F filings for Q2 2019.