Digital Turbine
APPS
82 hedge funds and large institutions have $79.9M invested in Digital Turbine in 2019 Q1 according to their latest regulatory filings, with 34 funds opening new positions, 25 increasing their positions, 18 reducing their positions, and 5 closing their positions.
580% more first-time investments, than exits
New positions opened: 34 | Existing positions closed: 5
202% more capital invested
Capital invested by funds: $26.4M → $79.9M (+$53.5M)
55% more funds holding
Funds holding: 53 → 82 (+29)
50% more funds holding in top 10
Funds holding in top 10: 2 → 3 (+1)
39% more repeat investments, than reductions
Existing positions increased: 25 | Existing positions reduced: 18
10.44% more ownership
Funds ownership: 18.61% → 29.06% (+10%)
61% less call options, than puts
Call options by funds: $113K | Put options by funds: $289K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$2.55M |
| 2 |
Millennium Management
New York
|
+$2.41M |
| 3 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$1.56M |
| 4 |
DCM
Driehaus Capital Management
Chicago,
Illinois
|
+$1.13M |
| 5 |
EGI
EAM Global Investors
Solana Beach,
California
|
+$1.13M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BRWA
B. Riley Wealth Advisors
Boca Raton,
Florida
|
-$1.14M |
| 2 |
PAWC
P.A.W. Capital
Greenwich,
Connecticut
|
-$659K |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
-$651K |
| 4 |
Jacobs Levy Equity Management
Florham Park,
New Jersey
|
-$405K |
| 5 |
WVP
Worth Venture Partners
Fort Lee,
New Jersey
|
-$324K |
APPS Hedge Fund Activity: Q1 2019 in Review
82 of the 4,633 institutional investors tracked by Wall St. Rank reported a position in Digital Turbine (APPS) for Q1 2019, worth a combined $79.9M — up 202% from $26.4M a quarter earlier.
Buyers outnumbered sellers: 34 funds opened new APPS positions and 5 closed out — a net gain of 29 holders — while 25 added to existing stakes and 18 trimmed.
The largest buyer was BlackRock, adding an estimated $2.55M. The largest seller was B. Riley Wealth Advisors, exiting entirely with an estimated $1.14M sold.
- 82 institutional investors held Digital Turbine (APPS) as of Q1 2019, up from 53 in Q4 2018.
- Funds reported $79.9M of Digital Turbine stock for Q1 2019, up 202% quarter-over-quarter.
- 34 funds opened new Digital Turbine positions in Q1 2019 and 5 closed out, a net change of +29 holders.
- The largest Digital Turbine buyer in Q1 2019 was BlackRock, an estimated $2.55M added.
- The largest Digital Turbine seller in Q1 2019 was B. Riley Wealth Advisors, an estimated $1.14M sold.
Based on aggregated 13F filings for Q1 2019.