Digital Turbine
APPS
12 hedge funds and large institutions have $15.5M invested in Digital Turbine in 2013 Q3 according to their latest regulatory filings, with 10 funds opening new positions, increasing their positions, 1 reducing their positions, and 2 closing their positions.
2,374% more capital invested
Capital invested by funds: $627K → $15.5M (+$14.9M)
400% more first-time investments, than exits
New positions opened: 10 | Existing positions closed: 2
200% more funds holding
Funds holding: 4 → 12 (+8)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
100% less repeat investments, than reductions
Existing positions increased: 0 | Existing positions reduced: 1
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Adage Capital Partners
Boston,
Massachusetts
|
+$7.82M |
| 2 |
Verition Fund Management
Greenwich,
Connecticut
|
+$5M |
| 3 |
Millennium Management
New York
|
+$1.94M |
| 4 |
GMCM
Gruber & McBaine Capital Management
San Francisco,
California
|
+$1.3M |
| 5 |
DMAM
Del Mar Asset Management
New York
|
+$1.23M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
-$168K |
| 2 |
BIT
BlackRock Institutional Trust
San Francisco,
California
|
-$17K |
| 3 |
TRCT
Tower Research Capital (TRC)
New York
|
-$16K |
APPS Hedge Fund Activity: Q3 2013 in Review
12 of the 3,096 institutional investors tracked by Wall St. Rank reported a position in Digital Turbine (APPS) for Q3 2013, worth a combined $15.5M — up 2,374% from $627K a quarter earlier.
Buyers outnumbered sellers: 10 funds opened new APPS positions and 2 closed out — a net gain of 8 holders — while 0 added to existing stakes and 1 trimmed.
The largest buyer was Adage Capital Partners, opening a new position worth an estimated $7.82M. The largest seller was Goldman Sachs, cutting an estimated $168K.
- 12 institutional investors held Digital Turbine (APPS) as of Q3 2013, up from 4 in Q2 2013.
- Funds reported $15.5M of Digital Turbine stock for Q3 2013, up 2,374% quarter-over-quarter.
- 10 funds opened new Digital Turbine positions in Q3 2013 and 2 closed out, a net change of +8 holders.
- The largest Digital Turbine buyer in Q3 2013 was Adage Capital Partners, an estimated $7.82M added.
- The largest Digital Turbine seller in Q3 2013 was Goldman Sachs, an estimated $168K sold.
Based on aggregated 13F filings for Q3 2013.