Digital Turbine
APPS
55 hedge funds and large institutions have $32.8M invested in Digital Turbine in 2015 Q3 according to their latest regulatory filings, with 9 funds opening new positions, 21 increasing their positions, 15 reducing their positions, and 13 closing their positions.
40% more repeat investments, than reductions
Existing positions increased: 21 | Existing positions reduced: 15
8% less funds holding
Funds holding: 60 → 55 (-5)
28% less capital invested
Capital invested by funds: $45.6M → $32.8M (-$12.8M)
31% less first-time investments, than exits
New positions opened: 9 | Existing positions closed: 13
Top Buyers
Top Sellers
APPS Hedge Fund Activity: Q3 2015 in Review
55 of the 3,582 institutional investors tracked by Wall St. Rank reported a position in Digital Turbine (APPS) for Q3 2015, worth a combined $32.8M — down 28% from $45.6M a quarter earlier.
Sellers outnumbered buyers: 13 funds closed out of APPS and 9 opened new positions — a net loss of 4 holders — while 15 trimmed existing stakes and 21 added.
The largest buyer was Equitec Proprietary Markets, opening a new position worth an estimated $3.67M. The largest seller was Adage Capital Partners, exiting entirely with an estimated $4.96M sold.
- 55 institutional investors held Digital Turbine (APPS) as of Q3 2015, down from 60 in Q2 2015.
- Funds reported $32.8M of Digital Turbine stock for Q3 2015, down 28% quarter-over-quarter.
- 9 funds opened new Digital Turbine positions in Q3 2015 and 13 closed out, a net change of -4 holders.
- The largest Digital Turbine buyer in Q3 2015 was Equitec Proprietary Markets, an estimated $3.67M added.
- The largest Digital Turbine seller in Q3 2015 was Adage Capital Partners, an estimated $4.96M sold.
Based on aggregated 13F filings for Q3 2015.