Digital Turbine
APPS
149 hedge funds and large institutions have $300M invested in Digital Turbine in 2019 Q4 according to their latest regulatory filings, with 37 funds opening new positions, 57 increasing their positions, 41 reducing their positions, and 13 closing their positions.
185% more first-time investments, than exits
New positions opened: 37 | Existing positions closed: 13
39% more repeat investments, than reductions
Existing positions increased: 57 | Existing positions reduced: 41
37% more capital invested
Capital invested by funds: $219M → $300M (+$81M)
19% more funds holding
Funds holding: 125 → 149 (+24)
8.04% more ownership
Funds ownership: 41.03% → 49.08% (+8%)
0% more funds holding in top 10
Funds holding in top 10: 5 → 5 (0)
58% less call options, than puts
Call options by funds: $1.26M | Put options by funds: $2.98M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Invesco
Atlanta,
Georgia
|
+$11.6M |
| 2 |
Man Group
London,
United Kingdom
|
+$4.72M |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
+$3.98M |
| 4 |
HW
Hancock Whitney
Gulfport,
Mississippi
|
+$3.7M |
| 5 |
Millennium Management
New York
|
+$3.44M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Acadian Asset Management
Boston,
Massachusetts
|
-$2.73M |
| 2 |
EI
EAM Investors
Solana Beach,
California
|
-$2.67M |
| 3 |
EGI
EAM Global Investors
Solana Beach,
California
|
-$1.55M |
| 4 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$1.41M |
| 5 |
Wells Fargo
San Francisco,
California
|
-$1.39M |
APPS Hedge Fund Activity: Q4 2019 in Review
149 of the 5,092 institutional investors tracked by Wall St. Rank reported a position in Digital Turbine (APPS) for Q4 2019, worth a combined $300M — up 37% from $219M a quarter earlier.
Buyers outnumbered sellers: 37 funds opened new APPS positions and 13 closed out — a net gain of 24 holders — while 57 added to existing stakes and 41 trimmed.
The largest buyer was Invesco, adding an estimated $11.6M. The largest seller was Acadian Asset Management, cutting an estimated $2.73M.
- 149 institutional investors held Digital Turbine (APPS) as of Q4 2019, up from 125 in Q3 2019.
- Funds reported $300M of Digital Turbine stock for Q4 2019, up 37% quarter-over-quarter.
- 37 funds opened new Digital Turbine positions in Q4 2019 and 13 closed out, a net change of +24 holders.
- The largest Digital Turbine buyer in Q4 2019 was Invesco, an estimated $11.6M added.
- The largest Digital Turbine seller in Q4 2019 was Acadian Asset Management, an estimated $2.73M sold.
Based on aggregated 13F filings for Q4 2019.