Digital Turbine
APPS
110 hedge funds and large institutions have $163M invested in Digital Turbine in 2019 Q2 according to their latest regulatory filings, with 41 funds opening new positions, 31 increasing their positions, 28 reducing their positions, and 12 closing their positions.
242% more first-time investments, than exits
New positions opened: 41 | Existing positions closed: 12
104% more capital invested
Capital invested by funds: $79.9M → $163M (+$83.4M)
34% more funds holding
Funds holding: 82 → 110 (+28)
33% more funds holding in top 10
Funds holding in top 10: 3 → 4 (+1)
10.92% more ownership
Funds ownership: 29.06% → 39.97% (+11%)
11% more repeat investments, than reductions
Existing positions increased: 31 | Existing positions reduced: 28
0% more call options, than puts
Call options by funds: $579K | Put options by funds: $578K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$15.4M |
| 2 |
State Street
Boston,
Massachusetts
|
+$5.3M |
| 3 |
Allianz Asset Management
Munich,
Germany
|
+$4.19M |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
+$3.78M |
| 5 |
FA
Friess Associates
Greenville,
Delaware
|
+$3.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
-$3.64M |
| 2 |
GIM
Granahan Investment Management
Waltham,
Massachusetts
|
-$2.01M |
| 3 |
DCM
Driehaus Capital Management
Chicago,
Illinois
|
-$1.44M |
| 4 |
Goldman Sachs
New York
|
-$1.42M |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$1.34M |
APPS Hedge Fund Activity: Q2 2019 in Review
110 of the 4,625 institutional investors tracked by Wall St. Rank reported a position in Digital Turbine (APPS) for Q2 2019, worth a combined $163M — up 104% from $79.9M a quarter earlier.
Buyers outnumbered sellers: 41 funds opened new APPS positions and 12 closed out — a net gain of 29 holders — while 31 added to existing stakes and 28 trimmed.
The largest buyer was BlackRock, adding an estimated $15.4M. The largest seller was Millennium Management, cutting an estimated $3.64M.
- 110 institutional investors held Digital Turbine (APPS) as of Q2 2019, up from 82 in Q1 2019.
- Funds reported $163M of Digital Turbine stock for Q2 2019, up 104% quarter-over-quarter.
- 41 funds opened new Digital Turbine positions in Q2 2019 and 12 closed out, a net change of +29 holders.
- The largest Digital Turbine buyer in Q2 2019 was BlackRock, an estimated $15.4M added.
- The largest Digital Turbine seller in Q2 2019 was Millennium Management, an estimated $3.64M sold.
Based on aggregated 13F filings for Q2 2019.