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207 hedge funds and large institutions have $939M invested in Appian in 2026 Q1 according to their latest regulatory filings, with 39 funds opening new positions, 68 increasing their positions, 71 reducing their positions, and 69 closing their positions.

New
Increased
Maintained
Reduced
Closed

835% more call options, than puts

Call options by funds: $28.2M | Put options by funds: $3.02M

33% more funds holding in top 10

Funds holding in top 10: 34 (+1)

6.94% more ownership

Funds ownership: 83.83%90.77% (+6.9%)

4% less repeat investments, than reductions

Existing positions increased: 68 | Existing positions reduced: 71

16% less funds holding

Funds holding: 245207 (-38)

26% less capital invested

Capital invested by funds: $1.27B → $939M (-$330M)

43% less first-time investments, than exits

New positions opened: 39 | Existing positions closed: 69

Holders
207
Holders Change
-38
Holders Change %
-15.51%
% of All Funds
2.55%
Holding in Top 10
4
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+33.33%
% of All Funds
0.05%
New
39
Increased
68
Reduced
71
Closed
69
Calls
$28.2M
Puts
$3.02M
Net Calls
+$25.2M
Net Calls Change
+$90.5M
Name Holding Trade Value Shares
Change
Change in
Stake
VPM
1
Vanguard Portfolio Management
Pennsylvania
$100M +$113M +4,161,559 New
RFM
2
RPD Fund Management
New York
$94.5M +$106M +3,919,356 New
FP
3
Fivespan Partners
California
$84.6M +$58M +2,135,907 +155%
BlackRock
4
BlackRock
New York
$77.8M -$1.33M -49,019 -1%
LECM
5
Lead Edge Capital Management
New York
$45.9M +$8.06M +296,845 +18%
VCM
6
Vanguard Capital Management
Pennsylvania
$40.5M +$45.6M +1,678,280 New
Morgan Stanley
7
Morgan Stanley
New York
$37.3M +$3.42M +125,832 +9%
Arrowstreet Capital
8
Arrowstreet Capital
Massachusetts
$36.6M +$5.84M +215,183 +16%
First Trust Advisors
9
First Trust Advisors
Illinois
$32.7M +$5.32M +196,021 +17%
State Street
10
State Street
Massachusetts
$24.7M +$1.16M +42,736 +4%
Geode Capital Management
11
Geode Capital Management
Massachusetts
$23.8M -$10.3K -379 -0%
AQR Capital Management
12
AQR Capital Management
Connecticut
$23.1M +$7.76M +285,834 +43%
Baillie Gifford & Co
13
Baillie Gifford & Co
United Kingdom
$21.8M -$955K -35,198 -4%
MA
14
Mudita Advisors
United Kingdom
$20.2M +$22.8M +839,400 New
Jacobs Levy Equity Management
15
Jacobs Levy Equity Management
New Jersey
$14.5M -$487K -17,951 -3%
Acadian Asset Management
16
Acadian Asset Management
Massachusetts
$12.5M -$2.52M -92,829 -15%
Citadel Advisors
17
Citadel Advisors
Florida
$12.5M -$950K -35,013 -6%
D.E. Shaw & Co
18
D.E. Shaw & Co
New York
$10.8M -$18M -664,586 -60%
N
19
Nuveen
North Carolina
$10M -$7.57M -278,918 -40%
Squarepoint
20
Squarepoint
New York
$9.43M +$2.58M +94,941 +32%
PCM
21
Prelude Capital Management
New York
$9.41M +$10.6M +390,321 New
Fidelity Investments
22
Fidelity Investments
Massachusetts
$9.18M +$1.58M +58,096 +18%
Charles Schwab
23
Charles Schwab
California
$8.94M +$536K +19,734 +6%
Mirae Asset Global ETFs Holdings
24
Mirae Asset Global ETFs Holdings
Hong Kong
$8.51M -$4.79M -176,355 -33%
Northern Trust
25
Northern Trust
Illinois
$8.3M +$192K +7,087 +2%