Digital Turbine
APPS
14 hedge funds and large institutions have $17.6M invested in Digital Turbine in 2013 Q4 according to their latest regulatory filings, with 5 funds opening new positions, 3 increasing their positions, 1 reducing their positions, and 3 closing their positions.
200% more repeat investments, than reductions
Existing positions increased: 3 | Existing positions reduced: 1
67% more first-time investments, than exits
New positions opened: 5 | Existing positions closed: 3
17% more funds holding
Funds holding: 12 → 14 (+2)
13% more capital invested
Capital invested by funds: $15.5M → $17.6M (+$2.09M)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Verition Fund Management
Greenwich,
Connecticut
|
+$2.27M |
| 2 |
CCM
Coe Capital Management
Highland Park,
Illinois
|
+$916K |
| 3 |
TMC
Trellus Management Company
Delray Beach,
Florida
|
+$168K |
| 4 |
GMCM
Gruber & McBaine Capital Management
San Francisco,
California
|
+$140K |
| 5 |
VKH
Virtu KCG Holdings
New York
|
+$57.4K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
DMAM
Del Mar Asset Management
New York
|
-$1.01M |
| 2 |
Millennium Management
New York
|
-$134K |
| 3 |
Goldman Sachs
New York
|
-$33K |
| 4 |
U
UBS
Zurich,
Switzerland
|
-$1K |
APPS Hedge Fund Activity: Q4 2013 in Review
14 of the 3,459 institutional investors tracked by Wall St. Rank reported a position in Digital Turbine (APPS) for Q4 2013, worth a combined $17.6M — up 13% from $15.5M a quarter earlier.
Buyers outnumbered sellers: 5 funds opened new APPS positions and 3 closed out — a net gain of 2 holders — while 3 added to existing stakes and 1 trimmed.
The largest buyer was Verition Fund Management, adding an estimated $2.27M. The largest seller was Del Mar Asset Management, exiting entirely with an estimated $1.01M sold.
- 14 institutional investors held Digital Turbine (APPS) as of Q4 2013, up from 12 in Q3 2013.
- Funds reported $17.6M of Digital Turbine stock for Q4 2013, up 13% quarter-over-quarter.
- 5 funds opened new Digital Turbine positions in Q4 2013 and 3 closed out, a net change of +2 holders.
- The largest Digital Turbine buyer in Q4 2013 was Verition Fund Management, an estimated $2.27M added.
- The largest Digital Turbine seller in Q4 2013 was Del Mar Asset Management, an estimated $1.01M sold.
Based on aggregated 13F filings for Q4 2013.