Digital Turbine
APPS
310 hedge funds and large institutions have $4.41B invested in Digital Turbine in 2021 Q1 according to their latest regulatory filings, with 80 funds opening new positions, 80 increasing their positions, 127 reducing their positions, and 30 closing their positions.
167% more first-time investments, than exits
New positions opened: 80 | Existing positions closed: 30
49% more capital invested
Capital invested by funds: $2.97B → $4.41B (+$1.44B)
22% more call options, than puts
Call options by funds: $296M | Put options by funds: $243M
18% more funds holding
Funds holding: 263 → 310 (+47)
11% more funds holding in top 10
Funds holding in top 10: 9 → 10 (+1)
2.48% more ownership
Funds ownership: 59.1% → 61.57% (+2.5%)
37% less repeat investments, than reductions
Existing positions increased: 80 | Existing positions reduced: 127
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Vanguard Group
Malvern,
Pennsylvania
|
+$133M |
| 2 |
1832 Asset Management
Toronto,
Ontario, Canada
|
+$126M |
| 3 |
JP Morgan Chase
New York
|
+$63.6M |
| 4 |
Norges Bank
Oslo,
Norway
|
+$53.6M |
| 5 |
BlackRock
New York
|
+$18.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CAM
Congress Asset Management
Boston,
Massachusetts
|
-$37.1M |
| 2 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
-$35.3M |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
-$33.3M |
| 4 |
Renaissance Technologies
New York
|
-$30.8M |
| 5 |
Wellington Management Group
Boston,
Massachusetts
|
-$24.7M |
APPS Hedge Fund Activity: Q1 2021 in Review
310 of the 5,711 institutional investors tracked by Wall St. Rank reported a position in Digital Turbine (APPS) for Q1 2021, worth a combined $4.41B — up 49% from $2.97B a quarter earlier.
Buyers outnumbered sellers: 80 funds opened new APPS positions and 30 closed out — a net gain of 50 holders — while 80 added to existing stakes and 127 trimmed.
The largest buyer was Vanguard Group, adding an estimated $133M. The largest seller was Congress Asset Management, cutting an estimated $37.1M.
- 310 institutional investors held Digital Turbine (APPS) as of Q1 2021, up from 263 in Q4 2020.
- Funds reported $4.41B of Digital Turbine stock for Q1 2021, up 49% quarter-over-quarter.
- 80 funds opened new Digital Turbine positions in Q1 2021 and 30 closed out, a net change of +50 holders.
- The largest Digital Turbine buyer in Q1 2021 was Vanguard Group, an estimated $133M added.
- The largest Digital Turbine seller in Q1 2021 was Congress Asset Management, an estimated $37.1M sold.
Based on aggregated 13F filings for Q1 2021.