Digital Turbine
APPS
321 hedge funds and large institutions have $2.72B invested in Digital Turbine in 2022 Q1 according to their latest regulatory filings, with 47 funds opening new positions, 114 increasing their positions, 113 reducing their positions, and 59 closing their positions.
25% more funds holding in top 10
Funds holding in top 10: 8 → 10 (+2)
1% more repeat investments, than reductions
Existing positions increased: 114 | Existing positions reduced: 113
0.03% less ownership
Funds ownership: 64.12% → 64.09% (-0.03%)
5% less funds holding
Funds holding: 337 → 321 (-16)
19% less call options, than puts
Call options by funds: $138M | Put options by funds: $170M
20% less first-time investments, than exits
New positions opened: 47 | Existing positions closed: 59
28% less capital invested
Capital invested by funds: $3.77B → $2.72B (-$1.05B)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RHJA
Rice Hall James & Associates
San Diego,
California
|
+$22.2M |
| 2 |
ACM
Anomaly Capital Management
New York
|
+$20.5M |
| 3 |
BlackRock
New York
|
+$20.5M |
| 4 |
PCM
Portolan Capital Management
Boston,
Massachusetts
|
+$17.3M |
| 5 |
Capital Research Global Investors
Los Angeles,
California
|
+$16.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
-$27.7M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$19.6M |
| 3 |
CHM
Collaborative Holdings Management
New York
|
-$19.3M |
| 4 |
BCH
Berkshire Capital Holdings
San Jose,
California
|
-$19.1M |
| 5 |
WC
Westwind Capital
Las Cruces,
New Mexico
|
-$14.3M |
APPS Hedge Fund Activity: Q1 2022 in Review
321 of the 6,360 institutional investors tracked by Wall St. Rank reported a position in Digital Turbine (APPS) for Q1 2022, worth a combined $2.72B — down 28% from $3.77B a quarter earlier.
Sellers outnumbered buyers: 59 funds closed out of APPS and 47 opened new positions — a net loss of 12 holders — while 113 trimmed existing stakes and 114 added.
The largest buyer was Rice Hall James & Associates, opening a new position worth an estimated $22.2M. The largest seller was Wellington Management Group, cutting an estimated $27.7M.
- 321 institutional investors held Digital Turbine (APPS) as of Q1 2022, down from 337 in Q4 2021.
- Funds reported $2.72B of Digital Turbine stock for Q1 2022, down 28% quarter-over-quarter.
- 47 funds opened new Digital Turbine positions in Q1 2022 and 59 closed out, a net change of -12 holders.
- The largest Digital Turbine buyer in Q1 2022 was Rice Hall James & Associates, an estimated $22.2M added.
- The largest Digital Turbine seller in Q1 2022 was Wellington Management Group, an estimated $27.7M sold.
Based on aggregated 13F filings for Q1 2022.