Digital Turbine
APPS
43 hedge funds and large institutions have $13.5M invested in Digital Turbine in 2016 Q2 according to their latest regulatory filings, with 12 funds opening new positions, 12 increasing their positions, 14 reducing their positions, and 16 closing their positions.
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
9% less funds holding
Funds holding: 47 → 43 (-4)
14% less repeat investments, than reductions
Existing positions increased: 12 | Existing positions reduced: 14
25% less first-time investments, than exits
New positions opened: 12 | Existing positions closed: 16
29% less capital invested
Capital invested by funds: $19M → $13.5M (-$5.51M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PAWC
P.A.W. Capital
Greenwich,
Connecticut
|
+$215K |
| 2 |
PP
Paloma Partners
Greenwich,
Connecticut
|
+$206K |
| 3 |
KCP
Keane Capital Partners
Charlotte,
North Carolina
|
+$174K |
| 4 |
CS
Credit Suisse
Zurich,
Switzerland
|
+$151K |
| 5 |
SST
S Squared Technology
New York
|
+$111K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
-$1.24M |
| 2 |
BRF
B. Riley Financial
Los Angeles,
California
|
-$648K |
| 3 |
State Street
Boston,
Massachusetts
|
-$483K |
| 4 |
Northern Trust
Chicago,
Illinois
|
-$443K |
| 5 |
BIT
BlackRock Institutional Trust
San Francisco,
California
|
-$395K |
APPS Hedge Fund Activity: Q2 2016 in Review
43 of the 3,756 institutional investors tracked by Wall St. Rank reported a position in Digital Turbine (APPS) for Q2 2016, worth a combined $13.5M — down 29% from $19M a quarter earlier.
Sellers outnumbered buyers: 16 funds closed out of APPS and 12 opened new positions — a net loss of 4 holders — while 14 trimmed existing stakes and 12 added.
The largest buyer was P.A.W. Capital, adding an estimated $215K. The largest seller was BlackRock Fund Advisors, cutting an estimated $1.24M.
- 43 institutional investors held Digital Turbine (APPS) as of Q2 2016, down from 47 in Q1 2016.
- Funds reported $13.5M of Digital Turbine stock for Q2 2016, down 29% quarter-over-quarter.
- 12 funds opened new Digital Turbine positions in Q2 2016 and 16 closed out, a net change of -4 holders.
- The largest Digital Turbine buyer in Q2 2016 was P.A.W. Capital, an estimated $215K added.
- The largest Digital Turbine seller in Q2 2016 was BlackRock Fund Advisors, an estimated $1.24M sold.
Based on aggregated 13F filings for Q2 2016.