Digital Turbine
APPS
31 hedge funds and large institutions have $41M invested in Digital Turbine in 2014 Q2 according to their latest regulatory filings, with 5 funds opening new positions, 11 increasing their positions, 7 reducing their positions, and 7 closing their positions.
57% more repeat investments, than reductions
Existing positions increased: 11 | Existing positions reduced: 7
2% less capital invested
Capital invested by funds: $41.8M → $41M (-$785K)
6% less funds holding
Funds holding: 33 → 31 (-2)
29% less first-time investments, than exits
New positions opened: 5 | Existing positions closed: 7
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SST
S Squared Technology
New York
|
+$663K |
| 2 |
BCMU
BlueCrest Capital Management (UK)
St. Peter Port,
Guernsey
|
+$566K |
| 3 |
FNYS
First New York Securities
New York
|
+$481K |
| 4 |
Millennium Management
New York
|
+$403K |
| 5 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
+$235K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Verition Fund Management
Greenwich,
Connecticut
|
-$1.51M |
| 2 |
PCM
Portolan Capital Management
Boston,
Massachusetts
|
-$942K |
| 3 |
PAWC
P.A.W. Capital
Greenwich,
Connecticut
|
-$362K |
| 4 |
Morgan Stanley
New York
|
-$204K |
| 5 |
CCM
Coe Capital Management
Highland Park,
Illinois
|
-$177K |
APPS Hedge Fund Activity: Q2 2014 in Review
31 of the 3,491 institutional investors tracked by Wall St. Rank reported a position in Digital Turbine (APPS) for Q2 2014, worth a combined $41M — down 1.9% from $41.8M a quarter earlier.
Sellers outnumbered buyers: 7 funds closed out of APPS and 5 opened new positions — a net loss of 2 holders — while 7 trimmed existing stakes and 11 added.
The largest buyer was S Squared Technology, opening a new position worth an estimated $663K. The largest seller was Verition Fund Management, cutting an estimated $1.51M.
- 31 institutional investors held Digital Turbine (APPS) as of Q2 2014, down from 33 in Q1 2014.
- Funds reported $41M of Digital Turbine stock for Q2 2014, down 1.9% quarter-over-quarter.
- 5 funds opened new Digital Turbine positions in Q2 2014 and 7 closed out, a net change of -2 holders.
- The largest Digital Turbine buyer in Q2 2014 was S Squared Technology, an estimated $663K added.
- The largest Digital Turbine seller in Q2 2014 was Verition Fund Management, an estimated $1.51M sold.
Based on aggregated 13F filings for Q2 2014.