Digital Turbine
APPS
29 hedge funds and large institutions have $11.1M invested in Digital Turbine in 2017 Q1 according to their latest regulatory filings, with 6 funds opening new positions, 10 increasing their positions, 5 reducing their positions, and 6 closing their positions.
100% more repeat investments, than reductions
Existing positions increased: 10 | Existing positions reduced: 5
45% more capital invested
Capital invested by funds: $7.68M → $11.1M (+$3.43M)
0.77% more ownership
Funds ownership: 16.98% → 17.74% (+0.77%)
0% more first-time investments, than exits
New positions opened: 6 | Existing positions closed: 6
9% less funds holding
Funds holding: 32 → 29 (-3)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GCM
Goldman Capital Management
New York
|
+$469K |
| 2 |
BlackRock
New York
|
+$162K |
| 3 |
WMSA
Weiss Multi-Strategy Advisers
New York
|
+$157K |
| 4 |
WPC
White Pine Capital
Bloomington,
Minnesota
|
+$49.7K |
| 5 |
ARTA
A.R.T. Advisors
New York
|
+$25.6K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BRF
B. Riley Financial
Los Angeles,
California
|
-$182K |
| 2 |
Jacobs Levy Equity Management
Florham Park,
New Jersey
|
-$77.1K |
| 3 |
Millennium Management
New York
|
-$47.4K |
| 4 |
EPM
Equitec Proprietary Markets
Chicago,
Illinois
|
-$35.2K |
| 5 |
Daiwa Securities Group
Tokyo,
Japan
|
-$34K |
APPS Hedge Fund Activity: Q1 2017 in Review
29 of the 4,034 institutional investors tracked by Wall St. Rank reported a position in Digital Turbine (APPS) for Q1 2017, worth a combined $11.1M — up 45% from $7.68M a quarter earlier.
Fund positioning in APPS was balanced in Q1 2017: 6 funds opened new positions, 6 closed out, 10 added to existing stakes and 5 trimmed.
The largest buyer was Goldman Capital Management, adding an estimated $469K. The largest seller was B. Riley Financial, cutting an estimated $182K.
- 29 institutional investors held Digital Turbine (APPS) as of Q1 2017, down from 32 in Q4 2016.
- Funds reported $11.1M of Digital Turbine stock for Q1 2017, up 45% quarter-over-quarter.
- 6 funds opened new Digital Turbine positions in Q1 2017 and 6 closed out, a net change of 0 holders.
- The largest Digital Turbine buyer in Q1 2017 was Goldman Capital Management, an estimated $469K added.
- The largest Digital Turbine seller in Q1 2017 was B. Riley Financial, an estimated $182K sold.
Based on aggregated 13F filings for Q1 2017.