Digital Turbine
APPS
43 hedge funds and large institutions have $33.3M invested in Digital Turbine in 2017 Q4 according to their latest regulatory filings, with 10 funds opening new positions, 20 increasing their positions, 8 reducing their positions, and 7 closing their positions.
150% more repeat investments, than reductions
Existing positions increased: 20 | Existing positions reduced: 8
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
43% more first-time investments, than exits
New positions opened: 10 | Existing positions closed: 7
33% more capital invested
Capital invested by funds: $25.1M → $33.3M (+$8.24M)
8% more funds holding
Funds holding: 40 → 43 (+3)
1.07% more ownership
Funds ownership: 22.47% → 23.54% (+1.1%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PM
Precept Management
Dallas,
Texas
|
+$2.31M |
| 2 |
BCM
Bridgeway Capital Management
Houston,
Texas
|
+$889K |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
+$569K |
| 4 |
UC
Unterberg Capital
New York
|
+$411K |
| 5 |
Millennium Management
New York
|
+$328K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BRF
B. Riley Financial
Los Angeles,
California
|
-$1.02M |
| 2 |
EIM
Essex Investment Management
Boston,
Massachusetts
|
-$665K |
| 3 |
PRCM
Pine River Capital Management
Minnetonka,
Minnesota
|
-$580K |
| 4 |
EPM
Equitec Proprietary Markets
Chicago,
Illinois
|
-$205K |
| 5 |
GCM
Goldman Capital Management
New York
|
-$187K |
APPS Hedge Fund Activity: Q4 2017 in Review
43 of the 4,419 institutional investors tracked by Wall St. Rank reported a position in Digital Turbine (APPS) for Q4 2017, worth a combined $33.3M — up 33% from $25.1M a quarter earlier.
Buyers outnumbered sellers: 10 funds opened new APPS positions and 7 closed out — a net gain of 3 holders — while 20 added to existing stakes and 8 trimmed.
The largest buyer was Precept Management, opening a new position worth an estimated $2.31M. The largest seller was B. Riley Financial, cutting an estimated $1.02M.
- 43 institutional investors held Digital Turbine (APPS) as of Q4 2017, up from 40 in Q3 2017.
- Funds reported $33.3M of Digital Turbine stock for Q4 2017, up 33% quarter-over-quarter.
- 10 funds opened new Digital Turbine positions in Q4 2017 and 7 closed out, a net change of +3 holders.
- The largest Digital Turbine buyer in Q4 2017 was Precept Management, an estimated $2.31M added.
- The largest Digital Turbine seller in Q4 2017 was B. Riley Financial, an estimated $1.02M sold.
Based on aggregated 13F filings for Q4 2017.