Digital Turbine
APPS
32 hedge funds and large institutions have $7.68M invested in Digital Turbine in 2016 Q4 according to their latest regulatory filings, with 4 funds opening new positions, 8 increasing their positions, 8 reducing their positions, and 4 closing their positions.
16.98% more ownership
Funds ownership: 0% → 16.98% (+17%)
0% more first-time investments, than exits
New positions opened: 4 | Existing positions closed: 4
0% more repeat investments, than reductions
Existing positions increased: 8 | Existing positions reduced: 8
6% less funds holding
Funds holding: 34 → 32 (-2)
40% less capital invested
Capital invested by funds: $12.7M → $7.68M (-$5.02M)
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GCM
Goldman Capital Management
New York
|
+$970K |
| 2 |
BRF
B. Riley Financial
Los Angeles,
California
|
+$188K |
| 3 |
TMC
Trellus Management Company
Delray Beach,
Florida
|
+$81K |
| 4 |
Goldman Sachs
New York
|
+$39.5K |
| 5 |
Daiwa Securities Group
Tokyo,
Japan
|
+$39.1K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PCM
Perritt Capital Management
Chicago,
Illinois
|
-$210K |
| 2 |
EPM
Equitec Proprietary Markets
Chicago,
Illinois
|
-$157K |
| 3 |
PCM
Perkins Capital Management
Wayzata,
Minnesota
|
-$98.4K |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
-$64.7K |
| 5 |
WS
Wedbush Securities
Los Angeles,
California
|
-$62K |
APPS Hedge Fund Activity: Q4 2016 in Review
32 of the 4,008 institutional investors tracked by Wall St. Rank reported a position in Digital Turbine (APPS) for Q4 2016, worth a combined $7.68M — down 40% from $12.7M a quarter earlier.
Fund positioning in APPS was balanced in Q4 2016: 4 funds opened new positions, 4 closed out, 8 added to existing stakes and 8 trimmed.
The largest buyer was Goldman Capital Management, adding an estimated $970K. The largest seller was Perritt Capital Management, exiting entirely with an estimated $210K sold.
- 32 institutional investors held Digital Turbine (APPS) as of Q4 2016, down from 34 in Q3 2016.
- Funds reported $7.68M of Digital Turbine stock for Q4 2016, down 40% quarter-over-quarter.
- 4 funds opened new Digital Turbine positions in Q4 2016 and 4 closed out, a net change of 0 holders.
- The largest Digital Turbine buyer in Q4 2016 was Goldman Capital Management, an estimated $970K added.
- The largest Digital Turbine seller in Q4 2016 was Perritt Capital Management, an estimated $210K sold.
Based on aggregated 13F filings for Q4 2016.