Digital Turbine
APPS
263 hedge funds and large institutions have $2.97B invested in Digital Turbine in 2020 Q4 according to their latest regulatory filings, with 87 funds opening new positions, 71 increasing their positions, 88 reducing their positions, and 23 closing their positions.
278% more first-time investments, than exits
New positions opened: 87 | Existing positions closed: 23
69% more capital invested
Capital invested by funds: $1.76B → $2.97B (+$1.21B)
32% more funds holding
Funds holding: 199 → 263 (+64)
29% more funds holding in top 10
Funds holding in top 10: 7 → 9 (+2)
7% less call options, than puts
Call options by funds: $146M | Put options by funds: $156M
2.06% less ownership
Funds ownership: 61.15% → 59.1% (-2.1%)
19% less repeat investments, than reductions
Existing positions increased: 71 | Existing positions reduced: 88
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Vanguard Group
Malvern,
Pennsylvania
|
+$68.3M |
| 2 |
Wellington Management Group
Boston,
Massachusetts
|
+$43.3M |
| 3 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$31M |
| 4 |
BlackRock
New York
|
+$25.2M |
| 5 |
GIM
Granahan Investment Management
Waltham,
Massachusetts
|
+$23.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
D.E. Shaw & Co
New York
|
-$49.2M |
| 2 |
Renaissance Technologies
New York
|
-$43.7M |
| 3 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$42.7M |
| 4 |
Fidelity Investments
Boston,
Massachusetts
|
-$33.7M |
| 5 |
Man Group
London,
United Kingdom
|
-$24.5M |
APPS Hedge Fund Activity: Q4 2020 in Review
263 of the 5,676 institutional investors tracked by Wall St. Rank reported a position in Digital Turbine (APPS) for Q4 2020, worth a combined $2.97B — up 69% from $1.76B a quarter earlier.
Buyers outnumbered sellers: 87 funds opened new APPS positions and 23 closed out — a net gain of 64 holders — while 71 added to existing stakes and 88 trimmed.
The largest buyer was Vanguard Group, adding an estimated $68.3M. The largest seller was D.E. Shaw & Co, cutting an estimated $49.2M.
- 263 institutional investors held Digital Turbine (APPS) as of Q4 2020, up from 199 in Q3 2020.
- Funds reported $2.97B of Digital Turbine stock for Q4 2020, up 69% quarter-over-quarter.
- 87 funds opened new Digital Turbine positions in Q4 2020 and 23 closed out, a net change of +64 holders.
- The largest Digital Turbine buyer in Q4 2020 was Vanguard Group, an estimated $68.3M added.
- The largest Digital Turbine seller in Q4 2020 was D.E. Shaw & Co, an estimated $49.2M sold.
Based on aggregated 13F filings for Q4 2020.