Digital Turbine
APPS
28 hedge funds and large institutions have $13.9M invested in Digital Turbine in 2017 Q2 according to their latest regulatory filings, with 4 funds opening new positions, 8 increasing their positions, 10 reducing their positions, and 5 closing their positions.
25% more capital invested
Capital invested by funds: $11.1M → $13.9M (+$2.74M)
1.12% less ownership
Funds ownership: 17.74% → 16.63% (-1.1%)
3% less funds holding
Funds holding: 29 → 28 (-1)
20% less first-time investments, than exits
New positions opened: 4 | Existing positions closed: 5
20% less repeat investments, than reductions
Existing positions increased: 8 | Existing positions reduced: 10
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UC
Unterberg Capital
New York
|
+$423K |
| 2 |
TP
Truvvo Partners
New York
|
+$227K |
| 3 |
Jacobs Levy Equity Management
Florham Park,
New Jersey
|
+$209K |
| 4 |
WPC
White Pine Capital
Bloomington,
Minnesota
|
+$145K |
| 5 |
TMC
Trellus Management Company
Delray Beach,
Florida
|
+$88.5K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
EPM
Equitec Proprietary Markets
Chicago,
Illinois
|
-$689K |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
-$493K |
| 3 |
BRF
B. Riley Financial
Los Angeles,
California
|
-$314K |
| 4 |
WMSA
Weiss Multi-Strategy Advisers
New York
|
-$188K |
| 5 |
GCM
Goldman Capital Management
New York
|
-$179K |
APPS Hedge Fund Activity: Q2 2017 in Review
28 of the 4,022 institutional investors tracked by Wall St. Rank reported a position in Digital Turbine (APPS) for Q2 2017, worth a combined $13.9M — up 25% from $11.1M a quarter earlier.
Sellers outnumbered buyers: 5 funds closed out of APPS and 4 opened new positions — a net loss of 1 holder — while 10 trimmed existing stakes and 8 added.
The largest buyer was Unterberg Capital, opening a new position worth an estimated $423K. The largest seller was Equitec Proprietary Markets, cutting an estimated $689K.
- 28 institutional investors held Digital Turbine (APPS) as of Q2 2017, down from 29 in Q1 2017.
- Funds reported $13.9M of Digital Turbine stock for Q2 2017, up 25% quarter-over-quarter.
- 4 funds opened new Digital Turbine positions in Q2 2017 and 5 closed out, a net change of -1 holder.
- The largest Digital Turbine buyer in Q2 2017 was Unterberg Capital, an estimated $423K added.
- The largest Digital Turbine seller in Q2 2017 was Equitec Proprietary Markets, an estimated $689K sold.
Based on aggregated 13F filings for Q2 2017.