Appian
APPN
220 hedge funds and large institutions have $1.02B invested in Appian in 2025 Q1 according to their latest regulatory filings, with 47 funds opening new positions, 81 increasing their positions, 43 reducing their positions, and 29 closing their positions.
88% more repeat investments, than reductions
Existing positions increased: 81 | Existing positions reduced: 43
62% more first-time investments, than exits
New positions opened: 47 | Existing positions closed: 29
8% more funds holding
Funds holding: 203 → 220 (+17)
5.38% more ownership
Funds ownership: 76.78% → 82.16% (+5.4%)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
6% less capital invested
Capital invested by funds: $1.08B → $1.02B (-$64M)
80% less call options, than puts
Call options by funds: $18.9M | Put options by funds: $92.1M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HRCM
Hawk Ridge Capital Management
Los Angeles,
California
|
+$8.58M |
| 2 |
Jacobs Levy Equity Management
Florham Park,
New Jersey
|
+$8.14M |
| 3 |
PI
PineBridge Investments
New York
|
+$7.21M |
| 4 |
Marshall Wace
London,
United Kingdom
|
+$5.95M |
| 5 |
AQR Capital Management
Greenwich,
Connecticut
|
+$5.15M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$7.73M |
| 2 |
Voloridge Investment Management
Jupiter,
Florida
|
-$5.45M |
| 3 |
Nuveen
Charlotte,
North Carolina
|
-$3.87M |
| 4 |
First Trust Advisors
Wheaton,
Illinois
|
-$3M |
| 5 |
TC
TwinBeech Capital
Purchase,
New York
|
-$2.4M |
APPN Hedge Fund Activity: Q1 2025 in Review
220 of the 7,472 institutional investors tracked by Wall St. Rank reported a position in Appian (APPN) for Q1 2025, worth a combined $1.02B — down 5.9% from $1.08B a quarter earlier.
Buyers outnumbered sellers: 47 funds opened new APPN positions and 29 closed out — a net gain of 18 holders — while 81 added to existing stakes and 43 trimmed.
The largest buyer was Hawk Ridge Capital Management, opening a new position worth an estimated $8.58M. The largest seller was Morgan Stanley, cutting an estimated $7.73M.
- 220 institutional investors held Appian (APPN) as of Q1 2025, up from 203 in Q4 2024.
- Funds reported $1.02B of Appian stock for Q1 2025, down 5.9% quarter-over-quarter.
- 47 funds opened new Appian positions in Q1 2025 and 29 closed out, a net change of +18 holders.
- The largest Appian buyer in Q1 2025 was Hawk Ridge Capital Management, an estimated $8.58M added.
- The largest Appian seller in Q1 2025 was Morgan Stanley, an estimated $7.73M sold.
Based on aggregated 13F filings for Q1 2025.