Digital Turbine
APPS
66 hedge funds and large institutions have $50M invested in Digital Turbine in 2018 Q1 according to their latest regulatory filings, with 31 funds opening new positions, 26 increasing their positions, 7 reducing their positions, and 7 closing their positions.
343% more first-time investments, than exits
New positions opened: 31 | Existing positions closed: 7
271% more repeat investments, than reductions
Existing positions increased: 26 | Existing positions reduced: 7
53% more funds holding
Funds holding: 43 → 66 (+23)
50% more capital invested
Capital invested by funds: $33.3M → $50M (+$16.7M)
8.47% more ownership
Funds ownership: 23.54% → 32.02% (+8.5%)
8% more call options, than puts
Call options by funds: $653K | Put options by funds: $603K
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
+$2.69M |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
+$1.79M |
| 3 |
RA
Royce & Associates
New York
|
+$1.52M |
| 4 |
LSC
Lyon Street Capital
Sausalito,
California
|
+$1.49M |
| 5 |
PM
Precept Management
Dallas,
Texas
|
+$1.45M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BRF
B. Riley Financial
Los Angeles,
California
|
-$1.46M |
| 2 |
TP
Truvvo Partners
New York
|
-$241K |
| 3 |
PAWC
P.A.W. Capital
Greenwich,
Connecticut
|
-$109K |
| 4 |
Ameriprise
Minneapolis,
Minnesota
|
-$72K |
| 5 |
FPF
FNY Partners Fund
New York
|
-$68K |
APPS Hedge Fund Activity: Q1 2018 in Review
66 of the 4,373 institutional investors tracked by Wall St. Rank reported a position in Digital Turbine (APPS) for Q1 2018, worth a combined $50M — up 50% from $33.3M a quarter earlier.
Buyers outnumbered sellers: 31 funds opened new APPS positions and 7 closed out — a net gain of 24 holders — while 26 added to existing stakes and 7 trimmed.
The largest buyer was Millennium Management, adding an estimated $2.69M. The largest seller was B. Riley Financial, exiting entirely with an estimated $1.46M sold.
- 66 institutional investors held Digital Turbine (APPS) as of Q1 2018, up from 43 in Q4 2017.
- Funds reported $50M of Digital Turbine stock for Q1 2018, up 50% quarter-over-quarter.
- 31 funds opened new Digital Turbine positions in Q1 2018 and 7 closed out, a net change of +24 holders.
- The largest Digital Turbine buyer in Q1 2018 was Millennium Management, an estimated $2.69M added.
- The largest Digital Turbine seller in Q1 2018 was B. Riley Financial, an estimated $1.46M sold.
Based on aggregated 13F filings for Q1 2018.