Digital Turbine
APPS
60 hedge funds and large institutions have $45.6M invested in Digital Turbine in 2015 Q2 according to their latest regulatory filings, with 25 funds opening new positions, 20 increasing their positions, 11 reducing their positions, and 2 closing their positions.
1,150% more first-time investments, than exits
New positions opened: 25 | Existing positions closed: 2
82% more repeat investments, than reductions
Existing positions increased: 20 | Existing positions reduced: 11
62% more funds holding
Funds holding: 37 → 60 (+23)
12% more capital invested
Capital invested by funds: $40.7M → $45.6M (+$4.86M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
+$4.59M |
| 2 |
State Street
Boston,
Massachusetts
|
+$1.15M |
| 3 |
BIT
BlackRock Institutional Trust
San Francisco,
California
|
+$1M |
| 4 |
SST
S Squared Technology
New York
|
+$631K |
| 5 |
TCIM
TIAA CREF Investment Management
New York
|
+$616K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Adage Capital Partners
Boston,
Massachusetts
|
-$2.86M |
| 2 |
NC
Nokomis Capital
Dallas,
Texas
|
-$880K |
| 3 |
TBAM
True Bearing Asset Management
San Francisco,
California
|
-$499K |
| 4 |
TC
Talkot Capital
Sausalito,
California
|
-$216K |
| 5 |
MLM
Mount Lucas Management
Newtown,
Pennsylvania
|
-$110K |
APPS Hedge Fund Activity: Q2 2015 in Review
60 of the 3,730 institutional investors tracked by Wall St. Rank reported a position in Digital Turbine (APPS) for Q2 2015, worth a combined $45.6M — up 12% from $40.7M a quarter earlier.
Buyers outnumbered sellers: 25 funds opened new APPS positions and 2 closed out — a net gain of 23 holders — while 20 added to existing stakes and 11 trimmed.
The largest buyer was BlackRock Fund Advisors, adding an estimated $4.59M. The largest seller was Adage Capital Partners, cutting an estimated $2.86M.
- 60 institutional investors held Digital Turbine (APPS) as of Q2 2015, up from 37 in Q1 2015.
- Funds reported $45.6M of Digital Turbine stock for Q2 2015, up 12% quarter-over-quarter.
- 25 funds opened new Digital Turbine positions in Q2 2015 and 2 closed out, a net change of +23 holders.
- The largest Digital Turbine buyer in Q2 2015 was BlackRock Fund Advisors, an estimated $4.59M added.
- The largest Digital Turbine seller in Q2 2015 was Adage Capital Partners, an estimated $2.86M sold.
Based on aggregated 13F filings for Q2 2015.