Digital Turbine
APPS
40 hedge funds and large institutions have $23.6M invested in Digital Turbine in 2017 Q3 according to their latest regulatory filings, with 14 funds opening new positions, 13 increasing their positions, 7 reducing their positions, and 1 closing their positions.
1,300% more first-time investments, than exits
New positions opened: 14 | Existing positions closed: 1
86% more repeat investments, than reductions
Existing positions increased: 13 | Existing positions reduced: 7
70% more capital invested
Capital invested by funds: $13.9M → $23.6M (+$9.76M)
43% more funds holding
Funds holding: 28 → 40 (+12)
5.84% more ownership
Funds ownership: 16.63% → 22.47% (+5.8%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UC
Unterberg Capital
New York
|
+$1.12M |
| 2 |
Renaissance Technologies
New York
|
+$769K |
| 3 |
EIM
Essex Investment Management
Boston,
Massachusetts
|
+$521K |
| 4 |
PRCM
Pine River Capital Management
Minnetonka,
Minnesota
|
+$454K |
| 5 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$449K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
EPM
Equitec Proprietary Markets
Chicago,
Illinois
|
-$613K |
| 2 |
BRF
B. Riley Financial
Los Angeles,
California
|
-$291K |
| 3 |
ARTA
A.R.T. Advisors
New York
|
-$40.8K |
| 4 |
Jacobs Levy Equity Management
Florham Park,
New Jersey
|
-$14.8K |
| 5 |
AG
Advisor Group
Phoenix,
Arizona
|
-$13K |
APPS Hedge Fund Activity: Q3 2017 in Review
40 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in Digital Turbine (APPS) for Q3 2017, worth a combined $23.6M — up 70% from $13.9M a quarter earlier.
Buyers outnumbered sellers: 14 funds opened new APPS positions and 1 closed out — a net gain of 13 holders — while 13 added to existing stakes and 7 trimmed.
The largest buyer was Unterberg Capital, adding an estimated $1.12M. The largest seller was Equitec Proprietary Markets, cutting an estimated $613K.
- 40 institutional investors held Digital Turbine (APPS) as of Q3 2017, up from 28 in Q2 2017.
- Funds reported $23.6M of Digital Turbine stock for Q3 2017, up 70% quarter-over-quarter.
- 14 funds opened new Digital Turbine positions in Q3 2017 and 1 closed out, a net change of +13 holders.
- The largest Digital Turbine buyer in Q3 2017 was Unterberg Capital, an estimated $1.12M added.
- The largest Digital Turbine seller in Q3 2017 was Equitec Proprietary Markets, an estimated $613K sold.
Based on aggregated 13F filings for Q3 2017.