Digital Turbine
APPS
35 hedge funds and large institutions have $33.6M invested in Digital Turbine in 2014 Q4 according to their latest regulatory filings, with 6 funds opening new positions, 14 increasing their positions, 11 reducing their positions, and 17 closing their positions.
27% more repeat investments, than reductions
Existing positions increased: 14 | Existing positions reduced: 11
30% less funds holding
Funds holding: 50 → 35 (-15)
31% less capital invested
Capital invested by funds: $49M → $33.6M (-$15.4M)
42% less call options, than puts
Call options by funds: $87K | Put options by funds: $151K
65% less first-time investments, than exits
New positions opened: 6 | Existing positions closed: 17
100% less funds holding in top 10
Funds holding in top 10: 2 → 0 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
OCMI
Oaktop Capital Management II
Chatham,
New Jersey
|
+$3.69M |
| 2 |
NC
Nokomis Capital
Dallas,
Texas
|
+$3.59M |
| 3 |
HCS
Harvest Capital Strategies
San Francisco,
California
|
+$515K |
| 4 |
WS
Wedbush Securities
Los Angeles,
California
|
+$391K |
| 5 |
SST
S Squared Technology
New York
|
+$320K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
EI
EAM Investors
Solana Beach,
California
|
-$3.47M |
| 2 |
Fuller & Thaler Asset Management
San Mateo,
California
|
-$1.65M |
| 3 |
RFC
Russell Frank Company
Seattle,
Washington
|
-$1.41M |
| 4 |
PCM
Perkins Capital Management
Wayzata,
Minnesota
|
-$966K |
| 5 |
Ameriprise
Minneapolis,
Minnesota
|
-$852K |
APPS Hedge Fund Activity: Q4 2014 in Review
35 of the 3,765 institutional investors tracked by Wall St. Rank reported a position in Digital Turbine (APPS) for Q4 2014, worth a combined $33.6M — down 31% from $49M a quarter earlier.
Sellers outnumbered buyers: 17 funds closed out of APPS and 6 opened new positions — a net loss of 11 holders — while 11 trimmed existing stakes and 14 added.
The largest buyer was Oaktop Capital Management II, adding an estimated $3.69M. The largest seller was EAM Investors, exiting entirely with an estimated $3.47M sold.
- 35 institutional investors held Digital Turbine (APPS) as of Q4 2014, down from 50 in Q3 2014.
- Funds reported $33.6M of Digital Turbine stock for Q4 2014, down 31% quarter-over-quarter.
- 6 funds opened new Digital Turbine positions in Q4 2014 and 17 closed out, a net change of -11 holders.
- The largest Digital Turbine buyer in Q4 2014 was Oaktop Capital Management II, an estimated $3.69M added.
- The largest Digital Turbine seller in Q4 2014 was EAM Investors, an estimated $3.47M sold.
Based on aggregated 13F filings for Q4 2014.