Digital Turbine
APPS
33 hedge funds and large institutions have $41.8M invested in Digital Turbine in 2014 Q1 according to their latest regulatory filings, with 22 funds opening new positions, 8 increasing their positions, 1 reducing their positions, and 3 closing their positions.
8,074% more capital inflows, than outflows
Capital inflows: $15.1M | Capital outflows: $185K
700% more repeat investments, than reductions
Existing positions increased: 8 | Existing positions reduced: 1
633% more first-time investments, than exits
New positions opened: 22 | Existing positions closed: 3
136% more funds holding
Funds holding: 14 → 33 (+19)
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
17.77% less ownership
Funds ownership: 17.77% → 0% (-18%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
+$2.31M |
| 2 |
PAWC
P.A.W. Capital
Greenwich,
Connecticut
|
+$1.48M |
| 3 |
DMAM
Del Mar Asset Management
New York
|
+$1.4M |
| 4 |
NC
Northpointe Capital
Bloomfield Hills,
Michigan
|
+$1.24M |
| 5 |
Portolan Capital Management
Boston,
Massachusetts
|
+$916K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WA
WFG Advisors
Dallas,
Texas
|
-$76.8K |
| 2 |
Virtu KCG Holdings
New York
|
-$56K |
| 3 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$51K |
| 4 |
Bank of America
Charlotte,
North Carolina
|
-$1K |
APPS Hedge Fund Activity: Q1 2014 in Review
33 of the 3,475 institutional investors tracked by Wall St. Rank reported a position in Digital Turbine (APPS) for Q1 2014, worth a combined $41.8M — up 138% from $17.6M a quarter earlier.
Buyers outnumbered sellers: 22 funds opened new APPS positions and 3 closed out — a net gain of 19 holders — while 8 added to existing stakes and 1 trimmed.
The largest buyer was Millennium Management, adding an estimated $2.31M. The largest seller was WFG Advisors, cutting an estimated $76.8K.
- 33 institutional investors held Digital Turbine (APPS) as of Q1 2014, up from 14 in Q4 2013.
- Funds reported $41.8M of Digital Turbine stock for Q1 2014, up 138% quarter-over-quarter.
- 22 funds opened new Digital Turbine positions in Q1 2014 and 3 closed out, a net change of +19 holders.
- The largest Digital Turbine buyer in Q1 2014 was Millennium Management, an estimated $2.31M added.
- The largest Digital Turbine seller in Q1 2014 was WFG Advisors, an estimated $76.8K sold.
Based on aggregated 13F filings for Q1 2014.