Digital Turbine
APPS
319 hedge funds and large institutions have $3.96B invested in Digital Turbine in 2021 Q2 according to their latest regulatory filings, with 67 funds opening new positions, 115 increasing their positions, 102 reducing their positions, and 57 closing their positions.
18% more first-time investments, than exits
New positions opened: 67 | Existing positions closed: 57
13% more repeat investments, than reductions
Existing positions increased: 115 | Existing positions reduced: 102
12% more call options, than puts
Call options by funds: $245M | Put options by funds: $218M
3% more funds holding
Funds holding: 310 → 319 (+9)
5.8% less ownership
Funds ownership: 61.57% → 55.77% (-5.8%)
10% less funds holding in top 10
Funds holding in top 10: 10 → 9 (-1)
10% less capital invested
Capital invested by funds: $4.41B → $3.96B (-$452M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$32.9M |
| 2 |
Wellington Management Group
Boston,
Massachusetts
|
+$29.9M |
| 3 |
Morgan Stanley
New York
|
+$28.5M |
| 4 |
GIM
Granahan Investment Management
Waltham,
Massachusetts
|
+$25.5M |
| 5 |
Voloridge Investment Management
Jupiter,
Florida
|
+$24.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$256M |
| 2 |
D.E. Shaw & Co
New York
|
-$94.2M |
| 3 |
BlackRock
New York
|
-$62.7M |
| 4 |
Invesco
Atlanta,
Georgia
|
-$55M |
| 5 |
DCM
Driehaus Capital Management
Chicago,
Illinois
|
-$35.1M |
APPS Hedge Fund Activity: Q2 2021 in Review
319 of the 5,767 institutional investors tracked by Wall St. Rank reported a position in Digital Turbine (APPS) for Q2 2021, worth a combined $3.96B — down 10% from $4.41B a quarter earlier.
Buyers outnumbered sellers: 67 funds opened new APPS positions and 57 closed out — a net gain of 10 holders — while 115 added to existing stakes and 102 trimmed.
The largest buyer was Arrowstreet Capital, adding an estimated $32.9M. The largest seller was Fidelity Investments, cutting an estimated $256M.
- 319 institutional investors held Digital Turbine (APPS) as of Q2 2021, up from 310 in Q1 2021.
- Funds reported $3.96B of Digital Turbine stock for Q2 2021, down 10% quarter-over-quarter.
- 67 funds opened new Digital Turbine positions in Q2 2021 and 57 closed out, a net change of +10 holders.
- The largest Digital Turbine buyer in Q2 2021 was Arrowstreet Capital, an estimated $32.9M added.
- The largest Digital Turbine seller in Q2 2021 was Fidelity Investments, an estimated $256M sold.
Based on aggregated 13F filings for Q2 2021.