Digital Turbine
APPS
266 hedge funds and large institutions have $982M invested in Digital Turbine in 2022 Q4 according to their latest regulatory filings, with 33 funds opening new positions, 93 increasing their positions, 96 reducing their positions, and 23 closing their positions.
43% more first-time investments, than exits
New positions opened: 33 | Existing positions closed: 23
36% more call options, than puts
Call options by funds: $61.5M | Put options by funds: $45.4M
33% more funds holding in top 10
Funds holding in top 10: 3 → 4 (+1)
8% more capital invested
Capital invested by funds: $905M → $982M (+$76.8M)
3% more funds holding
Funds holding: 259 → 266 (+7)
2.21% more ownership
Funds ownership: 63.51% → 65.71% (+2.2%)
3% less repeat investments, than reductions
Existing positions increased: 93 | Existing positions reduced: 96
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
D.E. Shaw & Co
New York
|
+$17.1M |
| 2 |
AWA
Arete Wealth Advisors
Chicago,
Illinois
|
+$10.5M |
| 3 |
American Century Companies
Kansas City,
Missouri
|
+$10M |
| 4 |
PCM
Portolan Capital Management
Boston,
Massachusetts
|
+$8.69M |
| 5 |
BlackRock
New York
|
+$6.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
-$11.2M |
| 2 |
AQR Capital Management
Greenwich,
Connecticut
|
-$7.05M |
| 3 |
GRIM
Greenhaven Road Investment Management
Greenwich,
Connecticut
|
-$6.14M |
| 4 |
Marshall Wace
London,
United Kingdom
|
-$3.78M |
| 5 |
CS
Credit Suisse
Zurich,
Switzerland
|
-$3.49M |
APPS Hedge Fund Activity: Q4 2022 in Review
266 of the 6,237 institutional investors tracked by Wall St. Rank reported a position in Digital Turbine (APPS) for Q4 2022, worth a combined $982M — up 8.5% from $905M a quarter earlier.
Buyers outnumbered sellers: 33 funds opened new APPS positions and 23 closed out — a net gain of 10 holders — while 93 added to existing stakes and 96 trimmed.
The largest buyer was D.E. Shaw & Co, adding an estimated $17.1M. The largest seller was Wellington Management Group, exiting entirely with an estimated $11.2M sold.
- 266 institutional investors held Digital Turbine (APPS) as of Q4 2022, up from 259 in Q3 2022.
- Funds reported $982M of Digital Turbine stock for Q4 2022, up 8.5% quarter-over-quarter.
- 33 funds opened new Digital Turbine positions in Q4 2022 and 23 closed out, a net change of +10 holders.
- The largest Digital Turbine buyer in Q4 2022 was D.E. Shaw & Co, an estimated $17.1M added.
- The largest Digital Turbine seller in Q4 2022 was Wellington Management Group, an estimated $11.2M sold.
Based on aggregated 13F filings for Q4 2022.