Digital Turbine
APPS
259 hedge funds and large institutions have $905M invested in Digital Turbine in 2022 Q3 according to their latest regulatory filings, with 34 funds opening new positions, 99 increasing their positions, 78 reducing their positions, and 60 closing their positions.
27% more repeat investments, than reductions
Existing positions increased: 99 | Existing positions reduced: 78
24% more call options, than puts
Call options by funds: $47.2M | Put options by funds: $38.1M
2.95% less ownership
Funds ownership: 66.46% → 63.51% (-2.9%)
9% less funds holding
Funds holding: 286 → 259 (-27)
21% less capital invested
Capital invested by funds: $1.15B → $905M (-$241M)
25% less funds holding in top 10
Funds holding in top 10: 4 → 3 (-1)
43% less first-time investments, than exits
New positions opened: 34 | Existing positions closed: 60
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
American Century Companies
Kansas City,
Missouri
|
+$28.5M |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
+$16.1M |
| 3 |
Goldman Sachs
New York
|
+$12.9M |
| 4 |
PCM
Peregrine Capital Management
Minneapolis,
Minnesota
|
+$11.6M |
| 5 |
BlackRock
New York
|
+$6.62M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Capital Research Global Investors
Los Angeles,
California
|
-$26.2M |
| 2 |
Two Sigma Investments
New York
|
-$14.8M |
| 3 |
ECP
Elemental Capital Partners
San Francisco,
California
|
-$10.8M |
| 4 |
EAM
Eagle Asset Management
St Petersburg,
Florida
|
-$8.68M |
| 5 |
Citadel Advisors
Miami,
Florida
|
-$7.85M |
APPS Hedge Fund Activity: Q3 2022 in Review
259 of the 5,828 institutional investors tracked by Wall St. Rank reported a position in Digital Turbine (APPS) for Q3 2022, worth a combined $905M — down 21% from $1.15B a quarter earlier.
Sellers outnumbered buyers: 60 funds closed out of APPS and 34 opened new positions — a net loss of 26 holders — while 78 trimmed existing stakes and 99 added.
The largest buyer was American Century Companies, opening a new position worth an estimated $28.5M. The largest seller was Capital Research Global Investors, exiting entirely with an estimated $26.2M sold.
- 259 institutional investors held Digital Turbine (APPS) as of Q3 2022, down from 286 in Q2 2022.
- Funds reported $905M of Digital Turbine stock for Q3 2022, down 21% quarter-over-quarter.
- 34 funds opened new Digital Turbine positions in Q3 2022 and 60 closed out, a net change of -26 holders.
- The largest Digital Turbine buyer in Q3 2022 was American Century Companies, an estimated $28.5M added.
- The largest Digital Turbine seller in Q3 2022 was Capital Research Global Investors, an estimated $26.2M sold.
Based on aggregated 13F filings for Q3 2022.