Digital Turbine
APPS
54 hedge funds and large institutions have $25.8M invested in Digital Turbine in 2015 Q4 according to their latest regulatory filings, with 8 funds opening new positions, 24 increasing their positions, 11 reducing their positions, and 9 closing their positions.
118% more repeat investments, than reductions
Existing positions increased: 24 | Existing positions reduced: 11
2% less funds holding
Funds holding: 55 → 54 (-1)
11% less first-time investments, than exits
New positions opened: 8 | Existing positions closed: 9
21% less capital invested
Capital invested by funds: $32.8M → $25.8M (-$6.95M)
Top Buyers
Top Sellers
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
51
Wells Fargo
San Francisco,
California
| $5K | +$58 | +37 | +0.9% |
|
52
Bank of America
Charlotte,
North Carolina
| $2K | +$1.8K | +1,155 | +555% |
|
|
TBAM
53
True Bearing Asset Management
San Francisco,
California
| – | -$527K | -291,257 | Closed |
|
|
DCM
54
Dialectic Capital Management
Norwalk,
Connecticut
| – | -$181K | -100,000 | Closed |
|
55
Nomura Holdings
Tokyo,
Japan
| – | -$25K | -14,000 | Closed |
|
56
Goldman Sachs
New York
| – | -$23K | -12,500 | Closed |
|
|
PPA
57
Parametric Portfolio Associates
Seattle,
Washington
| – | -$22K | -12,420 | Closed |
|
58
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
| – | -$17 | -9,348 | Closed |
|
59
Barclays
London,
United Kingdom
| – | -$6K | -6,554 | Closed |
|
|
MTIP
60
Magee Thomson Investment Partners
San Diego,
California
| – | -$4K | -1,598 | Closed |
|
61
Royal Bank of Canada
Toronto,
Ontario, Canada
| – | -$3K | -1,586 | Closed |
|
|
CG
62
Cutler Group
San Francisco,
California
| – | +$341 | +219 | New |
|
APPS Hedge Fund Activity: Q4 2015 in Review
54 of the 3,812 institutional investors tracked by Wall St. Rank reported a position in Digital Turbine (APPS) for Q4 2015, worth a combined $25.8M — down 21% from $32.8M a quarter earlier.
Sellers outnumbered buyers: 9 funds closed out of APPS and 8 opened new positions — a net loss of 1 holder — while 11 trimmed existing stakes and 24 added.
The largest buyer was BlackRock Fund Advisors, adding an estimated $362K. The largest seller was Millennium Management, cutting an estimated $1.44M.
- 54 institutional investors held Digital Turbine (APPS) as of Q4 2015, down from 55 in Q3 2015.
- Funds reported $25.8M of Digital Turbine stock for Q4 2015, down 21% quarter-over-quarter.
- 8 funds opened new Digital Turbine positions in Q4 2015 and 9 closed out, a net change of -1 holder.
- The largest Digital Turbine buyer in Q4 2015 was BlackRock Fund Advisors, an estimated $362K added.
- The largest Digital Turbine seller in Q4 2015 was Millennium Management, an estimated $1.44M sold.
Based on aggregated 13F filings for Q4 2015.