Digital Turbine
APPS
226 hedge funds and large institutions have $401M invested in Digital Turbine in 2023 Q3 according to their latest regulatory filings, with 27 funds opening new positions, 71 increasing their positions, 85 reducing their positions, and 34 closing their positions.
49% more call options, than puts
Call options by funds: $15.9M | Put options by funds: $10.7M
0.35% more ownership
Funds ownership: 65.55% → 65.9% (+0.35%)
3% less funds holding
Funds holding: 234 → 226 (-8)
16% less repeat investments, than reductions
Existing positions increased: 71 | Existing positions reduced: 85
21% less first-time investments, than exits
New positions opened: 27 | Existing positions closed: 34
34% less capital invested
Capital invested by funds: $609M → $401M (-$208M)
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
D.E. Shaw & Co
New York
|
+$6.03M |
| 2 |
Citadel Advisors
Miami,
Florida
|
+$5.52M |
| 3 |
Dimensional Fund Advisors
Austin,
Texas
|
+$5.47M |
| 4 |
Assenagon Asset Management
Senningerberg,
Luxembourg
|
+$5.24M |
| 5 |
Squarepoint
New York
|
+$4.51M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Pacer Advisors
Malvern,
Pennsylvania
|
-$8.87M |
| 2 |
Point72 Asset Management
Stamford,
Connecticut
|
-$4.79M |
| 3 |
Invesco
Atlanta,
Georgia
|
-$4.58M |
| 4 |
First Eagle Investment Management
New York
|
-$3.65M |
| 5 |
Jane Street
New York
|
-$3.08M |
APPS Hedge Fund Activity: Q3 2023 in Review
226 of the 6,310 institutional investors tracked by Wall St. Rank reported a position in Digital Turbine (APPS) for Q3 2023, worth a combined $401M — down 34% from $609M a quarter earlier.
Sellers outnumbered buyers: 34 funds closed out of APPS and 27 opened new positions — a net loss of 7 holders — while 85 trimmed existing stakes and 71 added.
The largest buyer was D.E. Shaw & Co, adding an estimated $6.03M. The largest seller was Pacer Advisors, exiting entirely with an estimated $8.87M sold.
- 226 institutional investors held Digital Turbine (APPS) as of Q3 2023, down from 234 in Q2 2023.
- Funds reported $401M of Digital Turbine stock for Q3 2023, down 34% quarter-over-quarter.
- 27 funds opened new Digital Turbine positions in Q3 2023 and 34 closed out, a net change of -7 holders.
- The largest Digital Turbine buyer in Q3 2023 was D.E. Shaw & Co, an estimated $6.03M added.
- The largest Digital Turbine seller in Q3 2023 was Pacer Advisors, an estimated $8.87M sold.
Based on aggregated 13F filings for Q3 2023.