Digital Turbine
APPS
199 hedge funds and large institutions have $1.75B invested in Digital Turbine in 2020 Q3 according to their latest regulatory filings, with 67 funds opening new positions, 37 increasing their positions, 82 reducing their positions, and 31 closing their positions.
163% more capital invested
Capital invested by funds: $668M → $1.75B (+$1.09B)
116% more first-time investments, than exits
New positions opened: 67 | Existing positions closed: 31
63% more call options, than puts
Call options by funds: $42.7M | Put options by funds: $26.2M
21% more funds holding
Funds holding: 164 → 199 (+35)
0.28% more ownership
Funds ownership: 60.87% → 61.15% (+0.28%)
13% less funds holding in top 10
Funds holding in top 10: 8 → 7 (-1)
55% less repeat investments, than reductions
Existing positions increased: 37 | Existing positions reduced: 82
Top Buyers
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$118M |
| 2 |
D.E. Shaw & Co
New York
|
+$38.1M |
| 3 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
+$34.6M |
| 4 |
Renaissance Technologies
New York
|
+$24.1M |
| 5 |
Voloridge Investment Management
Jupiter,
Florida
|
+$15.7M |
Top Sellers
APPS Hedge Fund Activity: Q3 2020 in Review
199 of the 4,956 institutional investors tracked by Wall St. Rank reported a position in Digital Turbine (APPS) for Q3 2020, worth a combined $1.75B — up 163% from $668M a quarter earlier.
Buyers outnumbered sellers: 67 funds opened new APPS positions and 31 closed out — a net gain of 36 holders — while 37 added to existing stakes and 82 trimmed.
The largest buyer was Fidelity Investments, adding an estimated $118M. The largest seller was Venrock Management VI, exiting entirely with an estimated $29M sold.
- 199 institutional investors held Digital Turbine (APPS) as of Q3 2020, up from 164 in Q2 2020.
- Funds reported $1.75B of Digital Turbine stock for Q3 2020, up 163% quarter-over-quarter.
- 67 funds opened new Digital Turbine positions in Q3 2020 and 31 closed out, a net change of +36 holders.
- The largest Digital Turbine buyer in Q3 2020 was Fidelity Investments, an estimated $118M added.
- The largest Digital Turbine seller in Q3 2020 was Venrock Management VI, an estimated $29M sold.
Based on aggregated 13F filings for Q3 2020.