Appian
APPN
245 hedge funds and large institutions have $1.27B invested in Appian in 2025 Q4 according to their latest regulatory filings, with 50 funds opening new positions, 91 increasing their positions, 72 reducing their positions, and 31 closing their positions.
61% more first-time investments, than exits
New positions opened: 50 | Existing positions closed: 31
26% more repeat investments, than reductions
Existing positions increased: 91 | Existing positions reduced: 72
14% more capital invested
Capital invested by funds: $1.11B → $1.27B (+$158M)
6% more funds holding
Funds holding: 232 → 245 (+13)
0% more funds holding in top 10
Funds holding in top 10: 3 → 3 (0)
0.8% less ownership
Funds ownership: 84.63% → 83.83% (-0.8%)
80% less call options, than puts
Call options by funds: $15.9M | Put options by funds: $81.2M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
D.E. Shaw & Co
New York
|
+$16.6M |
| 2 |
Two Sigma Investments
New York
|
+$10.3M |
| 3 |
Prudential Financial
Newark,
New Jersey
|
+$8.68M |
| 4 |
Marshall Wace
London,
United Kingdom
|
+$8.11M |
| 5 |
Point72 Asset Management
Stamford,
Connecticut
|
+$7.96M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ACA
Abdiel Capital Advisors
New York
|
-$38.3M |
| 2 |
WHCM
Wolf Hill Capital Management
Greenwich,
Connecticut
|
-$33.7M |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$10.6M |
| 4 |
AG
Algert Global
San Francisco,
California
|
-$10.1M |
| 5 |
Bank of America
Charlotte,
North Carolina
|
-$8.81M |
APPN Hedge Fund Activity: Q4 2025 in Review
245 of the 8,267 institutional investors tracked by Wall St. Rank reported a position in Appian (APPN) for Q4 2025, worth a combined $1.27B — up 14% from $1.11B a quarter earlier.
Buyers outnumbered sellers: 50 funds opened new APPN positions and 31 closed out — a net gain of 19 holders — while 91 added to existing stakes and 72 trimmed.
The largest buyer was D.E. Shaw & Co, adding an estimated $16.6M. The largest seller was Abdiel Capital Advisors, cutting an estimated $38.3M.
- 245 institutional investors held Appian (APPN) as of Q4 2025, up from 232 in Q3 2025.
- Funds reported $1.27B of Appian stock for Q4 2025, up 14% quarter-over-quarter.
- 50 funds opened new Appian positions in Q4 2025 and 31 closed out, a net change of +19 holders.
- The largest Appian buyer in Q4 2025 was D.E. Shaw & Co, an estimated $16.6M added.
- The largest Appian seller in Q4 2025 was Abdiel Capital Advisors, an estimated $38.3M sold.
Based on aggregated 13F filings for Q4 2025.