Appian
APPN
211 hedge funds and large institutions have $1.44B invested in Appian in 2023 Q2 according to their latest regulatory filings, with 29 funds opening new positions, 65 increasing their positions, 60 reducing their positions, and 25 closing their positions.
120% more call options, than puts
Call options by funds: $21.5M | Put options by funds: $9.77M
16% more first-time investments, than exits
New positions opened: 29 | Existing positions closed: 25
12% more capital invested
Capital invested by funds: $1.28B → $1.44B (+$155M)
2.5% more ownership
Funds ownership: 69.97% → 72.47% (+2.5%)
8% more repeat investments, than reductions
Existing positions increased: 65 | Existing positions reduced: 60
1% more funds holding
Funds holding: 209 → 211 (+2)
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Baillie Gifford & Co
Edinburgh,
United Kingdom
|
+$16M |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
+$12.7M |
| 3 |
Millennium Management
New York
|
+$11.7M |
| 4 |
Morgan Stanley
New York
|
+$11.1M |
| 5 |
BlackRock
New York
|
+$8.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HRCM
Hawk Ridge Capital Management
Los Angeles,
California
|
-$16.6M |
| 2 |
Norges Bank
Oslo,
Norway
|
-$9.66M |
| 3 |
Renaissance Technologies
New York
|
-$2.25M |
| 4 |
AACP
Advantage Alpha Capital Partners
San Francisco,
California
|
-$1.9M |
| 5 |
Goldman Sachs
New York
|
-$1.8M |
APPN Hedge Fund Activity: Q2 2023 in Review
211 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in Appian (APPN) for Q2 2023, worth a combined $1.44B — up 12% from $1.28B a quarter earlier.
Buyers outnumbered sellers: 29 funds opened new APPN positions and 25 closed out — a net gain of 4 holders — while 65 added to existing stakes and 60 trimmed.
The largest buyer was Baillie Gifford & Co, adding an estimated $16M. The largest seller was Hawk Ridge Capital Management, cutting an estimated $16.6M.
- 211 institutional investors held Appian (APPN) as of Q2 2023, up from 209 in Q1 2023.
- Funds reported $1.44B of Appian stock for Q2 2023, up 12% quarter-over-quarter.
- 29 funds opened new Appian positions in Q2 2023 and 25 closed out, a net change of +4 holders.
- The largest Appian buyer in Q2 2023 was Baillie Gifford & Co, an estimated $16M added.
- The largest Appian seller in Q2 2023 was Hawk Ridge Capital Management, an estimated $16.6M sold.
Based on aggregated 13F filings for Q2 2023.