Digital Turbine
APPS
153 hedge funds and large institutions have $86.6M invested in Digital Turbine in 2024 Q2 according to their latest regulatory filings, with 23 funds opening new positions, 52 increasing their positions, 47 reducing their positions, and 61 closing their positions.
301% more call options, than puts
Call options by funds: $3.37M | Put options by funds: $840K
11% more repeat investments, than reductions
Existing positions increased: 52 | Existing positions reduced: 47
8.3% less ownership
Funds ownership: 59.19% → 50.88% (-8.3%)
21% less funds holding
Funds holding: 193 → 153 (-40)
46% less capital invested
Capital invested by funds: $159M → $86.6M (-$72.3M)
62% less first-time investments, than exits
New positions opened: 23 | Existing positions closed: 61
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| 1 |
AQR Capital Management
Greenwich,
Connecticut
|
+$1.46M |
| 2 |
D.E. Shaw & Co
New York
|
+$1.25M |
| 3 |
GCP
GSA Capital Partners
London,
United Kingdom
|
+$928K |
| 4 |
Jane Street
New York
|
+$886K |
| 5 |
BBA
Baader Bank Aktiengesellschaft
Unterschleissheim,
Germany
|
+$846K |
Top Sellers
| 1 |
Vanguard Group
Malvern,
Pennsylvania
|
-$3.45M |
| 2 |
Millennium Management
New York
|
-$2.83M |
| 3 |
Jacobs Levy Equity Management
Florham Park,
New Jersey
|
-$2.18M |
| 4 |
HF
HRT Financial
New York
|
-$1.28M |
| 5 |
Citadel Advisors
Miami,
Florida
|
-$1.21M |
APPS Hedge Fund Activity: Q2 2024 in Review
153 of the 6,924 institutional investors tracked by Wall St. Rank reported a position in Digital Turbine (APPS) for Q2 2024, worth a combined $86.6M — down 46% from $159M a quarter earlier.
Sellers outnumbered buyers: 61 funds closed out of APPS and 23 opened new positions — a net loss of 38 holders — while 47 trimmed existing stakes and 52 added.
The largest buyer was AQR Capital Management, adding an estimated $1.46M. The largest seller was Vanguard Group, cutting an estimated $3.45M.
- 153 institutional investors held Digital Turbine (APPS) as of Q2 2024, down from 193 in Q1 2024.
- Funds reported $86.6M of Digital Turbine stock for Q2 2024, down 46% quarter-over-quarter.
- 23 funds opened new Digital Turbine positions in Q2 2024 and 61 closed out, a net change of -38 holders.
- The largest Digital Turbine buyer in Q2 2024 was AQR Capital Management, an estimated $1.46M added.
- The largest Digital Turbine seller in Q2 2024 was Vanguard Group, an estimated $3.45M sold.
Based on aggregated 13F filings for Q2 2024.