Appian
APPN
194 hedge funds and large institutions have $1.02B invested in Appian in 2024 Q2 according to their latest regulatory filings, with 38 funds opening new positions, 58 increasing their positions, 47 reducing their positions, and 50 closing their positions.
50% more funds holding in top 10
Funds holding in top 10: 2 → 3 (+1)
23% more repeat investments, than reductions
Existing positions increased: 58 | Existing positions reduced: 47
10.59% more ownership
Funds ownership: 69.74% → 80.33% (+11%)
6% less funds holding
Funds holding: 207 → 194 (-13)
13% less capital invested
Capital invested by funds: $1.18B → $1.02B (-$158M)
24% less first-time investments, than exits
New positions opened: 38 | Existing positions closed: 50
51% less call options, than puts
Call options by funds: $12.4M | Put options by funds: $25.4M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$87.3M |
| 2 |
LECM
Lead Edge Capital Management
New York
|
+$38M |
| 3 |
Goldman Sachs
New York
|
+$9.04M |
| 4 |
ECP
Empyrean Capital Partners
Los Angeles,
California
|
+$8.2M |
| 5 |
EP
Edgestream Partners
Princeton,
New Jersey
|
+$4.95M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Mirae Asset Global Investments
Seoul,
South Korea
|
-$11.8M |
| 2 |
First Trust Advisors
Wheaton,
Illinois
|
-$10.8M |
| 3 |
Baillie Gifford & Co
Edinburgh,
United Kingdom
|
-$10.3M |
| 4 |
Citadel Advisors
Miami,
Florida
|
-$6.91M |
| 5 |
D.E. Shaw & Co
New York
|
-$6.58M |
APPN Hedge Fund Activity: Q2 2024 in Review
194 of the 6,924 institutional investors tracked by Wall St. Rank reported a position in Appian (APPN) for Q2 2024, worth a combined $1.02B — down 13% from $1.18B a quarter earlier.
Sellers outnumbered buyers: 50 funds closed out of APPN and 38 opened new positions — a net loss of 12 holders — while 47 trimmed existing stakes and 58 added.
The largest buyer was Morgan Stanley, adding an estimated $87.3M. The largest seller was Mirae Asset Global Investments, cutting an estimated $11.8M.
- 194 institutional investors held Appian (APPN) as of Q2 2024, down from 207 in Q1 2024.
- Funds reported $1.02B of Appian stock for Q2 2024, down 13% quarter-over-quarter.
- 38 funds opened new Appian positions in Q2 2024 and 50 closed out, a net change of -12 holders.
- The largest Appian buyer in Q2 2024 was Morgan Stanley, an estimated $87.3M added.
- The largest Appian seller in Q2 2024 was Mirae Asset Global Investments, an estimated $11.8M sold.
Based on aggregated 13F filings for Q2 2024.