Digital Turbine
APPS
198 hedge funds and large institutions have $354M invested in Digital Turbine in 2025 Q4 according to their latest regulatory filings, with 41 funds opening new positions, 74 increasing their positions, 52 reducing their positions, and 21 closing their positions.
111% more call options, than puts
Call options by funds: $12.7M | Put options by funds: $6.03M
95% more first-time investments, than exits
New positions opened: 41 | Existing positions closed: 21
42% more repeat investments, than reductions
Existing positions increased: 74 | Existing positions reduced: 52
9% more funds holding
Funds holding: 181 → 198 (+17)
2.75% more ownership
Funds ownership: 60.35% → 63.1% (+2.7%)
15% less capital invested
Capital invested by funds: $419M → $354M (-$64.9M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Invesco
Atlanta,
Georgia
|
+$8.14M |
| 2 |
MHP
Manatuck Hill Partners
Westport,
Connecticut
|
+$7.92M |
| 3 |
Jane Street
New York
|
+$4.67M |
| 4 |
Renaissance Technologies
New York
|
+$4.2M |
| 5 |
UBS Group
Zurich,
Switzerland
|
+$3.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
D.E. Shaw & Co
New York
|
-$9.84M |
| 2 |
ACM
AIGH Capital Management
Baltimore,
Maryland
|
-$9.75M |
| 3 |
SBH
Segall Bryant & Hamill
Chicago,
Illinois
|
-$4.38M |
| 4 |
Goldman Sachs
New York
|
-$3.1M |
| 5 |
TGM
Tenzing Global Management
San Francisco,
California
|
-$2.08M |
APPS Hedge Fund Activity: Q4 2025 in Review
198 of the 8,223 institutional investors tracked by Wall St. Rank reported a position in Digital Turbine (APPS) for Q4 2025, worth a combined $354M — down 15% from $419M a quarter earlier.
Buyers outnumbered sellers: 41 funds opened new APPS positions and 21 closed out — a net gain of 20 holders — while 74 added to existing stakes and 52 trimmed.
The largest buyer was Invesco, adding an estimated $8.14M. The largest seller was D.E. Shaw & Co, cutting an estimated $9.84M.
- 198 institutional investors held Digital Turbine (APPS) as of Q4 2025, up from 181 in Q3 2025.
- Funds reported $354M of Digital Turbine stock for Q4 2025, down 15% quarter-over-quarter.
- 41 funds opened new Digital Turbine positions in Q4 2025 and 21 closed out, a net change of +20 holders.
- The largest Digital Turbine buyer in Q4 2025 was Invesco, an estimated $8.14M added.
- The largest Digital Turbine seller in Q4 2025 was D.E. Shaw & Co, an estimated $9.84M sold.
Based on aggregated 13F filings for Q4 2025.