Digital Turbine
APPS
164 hedge funds and large institutions have $668M invested in Digital Turbine in 2020 Q2 according to their latest regulatory filings, with 41 funds opening new positions, 56 increasing their positions, 53 reducing their positions, and 26 closing their positions.
230% more capital invested
Capital invested by funds: $203M → $668M (+$466M)
103% more call options, than puts
Call options by funds: $9.22M | Put options by funds: $4.54M
60% more funds holding in top 10
Funds holding in top 10: 5 → 8 (+3)
58% more first-time investments, than exits
New positions opened: 41 | Existing positions closed: 26
9% more funds holding
Funds holding: 150 → 164 (+14)
6.78% more ownership
Funds ownership: 54.09% → 60.87% (+6.8%)
6% more repeat investments, than reductions
Existing positions increased: 56 | Existing positions reduced: 53
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$34.7M |
| 2 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$8.44M |
| 3 |
Nuveen
Charlotte,
North Carolina
|
+$7.94M |
| 4 |
CAM
Congress Asset Management
Boston,
Massachusetts
|
+$7.53M |
| 5 |
D.E. Shaw & Co
New York
|
+$7.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
-$6.7M |
| 2 |
CCPM
Cooper Creek Partners Management
New York
|
-$5.34M |
| 3 |
MCO
MAK Capital One
New York
|
-$4.83M |
| 4 |
Goldman Sachs
New York
|
-$3.75M |
| 5 |
Allianz Asset Management
Munich,
Germany
|
-$3.14M |
APPS Hedge Fund Activity: Q2 2020 in Review
164 of the 4,888 institutional investors tracked by Wall St. Rank reported a position in Digital Turbine (APPS) for Q2 2020, worth a combined $668M — up 230% from $203M a quarter earlier.
Buyers outnumbered sellers: 41 funds opened new APPS positions and 26 closed out — a net gain of 15 holders — while 56 added to existing stakes and 53 trimmed.
The largest buyer was Fidelity Investments, adding an estimated $34.7M. The largest seller was Citadel Advisors, cutting an estimated $6.7M.
- 164 institutional investors held Digital Turbine (APPS) as of Q2 2020, up from 150 in Q1 2020.
- Funds reported $668M of Digital Turbine stock for Q2 2020, up 230% quarter-over-quarter.
- 41 funds opened new Digital Turbine positions in Q2 2020 and 26 closed out, a net change of +15 holders.
- The largest Digital Turbine buyer in Q2 2020 was Fidelity Investments, an estimated $34.7M added.
- The largest Digital Turbine seller in Q2 2020 was Citadel Advisors, an estimated $6.7M sold.
Based on aggregated 13F filings for Q2 2020.