Digital Turbine
APPS
286 hedge funds and large institutions have $1.15B invested in Digital Turbine in 2022 Q2 according to their latest regulatory filings, with 41 funds opening new positions, 116 increasing their positions, 94 reducing their positions, and 70 closing their positions.
54% more call options, than puts
Call options by funds: $63.4M | Put options by funds: $41.3M
23% more repeat investments, than reductions
Existing positions increased: 116 | Existing positions reduced: 94
2.36% more ownership
Funds ownership: 64.09% → 66.46% (+2.4%)
11% less funds holding
Funds holding: 321 → 286 (-35)
41% less first-time investments, than exits
New positions opened: 41 | Existing positions closed: 70
58% less capital invested
Capital invested by funds: $2.72B → $1.15B (-$1.58B)
60% less funds holding in top 10
Funds holding in top 10: 10 → 4 (-6)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$105M |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
+$30.5M |
| 3 |
RHJA
Rice Hall James & Associates
San Diego,
California
|
+$30.2M |
| 4 |
Voloridge Investment Management
Jupiter,
Florida
|
+$28.3M |
| 5 |
Two Sigma Investments
New York
|
+$22.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
-$131M |
| 2 |
JP Morgan Chase
New York
|
-$42.1M |
| 3 |
KCM
Kornitzer Capital Management
Shawnee Mission,
Kansas
|
-$27.3M |
| 4 |
Fidelity Investments
Boston,
Massachusetts
|
-$25.6M |
| 5 |
ACM
Anomaly Capital Management
New York
|
-$19.9M |
APPS Hedge Fund Activity: Q2 2022 in Review
286 of the 5,959 institutional investors tracked by Wall St. Rank reported a position in Digital Turbine (APPS) for Q2 2022, worth a combined $1.15B — down 58% from $2.72B a quarter earlier.
Sellers outnumbered buyers: 70 funds closed out of APPS and 41 opened new positions — a net loss of 29 holders — while 94 trimmed existing stakes and 116 added.
The largest buyer was BlackRock, adding an estimated $105M. The largest seller was Wellington Management Group, cutting an estimated $131M.
- 286 institutional investors held Digital Turbine (APPS) as of Q2 2022, down from 321 in Q1 2022.
- Funds reported $1.15B of Digital Turbine stock for Q2 2022, down 58% quarter-over-quarter.
- 41 funds opened new Digital Turbine positions in Q2 2022 and 70 closed out, a net change of -29 holders.
- The largest Digital Turbine buyer in Q2 2022 was BlackRock, an estimated $105M added.
- The largest Digital Turbine seller in Q2 2022 was Wellington Management Group, an estimated $131M sold.
Based on aggregated 13F filings for Q2 2022.