Digital Turbine
APPS
192 hedge funds and large institutions have $159M invested in Digital Turbine in 2024 Q1 according to their latest regulatory filings, with 38 funds opening new positions, 58 increasing their positions, 67 reducing their positions, and 58 closing their positions.
251% more call options, than puts
Call options by funds: $7.99M | Put options by funds: $2.28M
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
5% less ownership
Funds ownership: 64.18% → 59.19% (-5%)
10% less funds holding
Funds holding: 213 → 192 (-21)
13% less repeat investments, than reductions
Existing positions increased: 58 | Existing positions reduced: 67
34% less first-time investments, than exits
New positions opened: 38 | Existing positions closed: 58
64% less capital invested
Capital invested by funds: $446M → $159M (-$287M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
+$10.3M |
| 2 |
D.E. Shaw & Co
New York
|
+$9.14M |
| 3 |
Two Sigma Advisers
New York
|
+$4.46M |
| 4 |
HF
HRT Financial
New York
|
+$4.24M |
| 5 |
Jacobs Levy Equity Management
Florham Park,
New Jersey
|
+$3.52M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
-$32.8M |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
-$11.3M |
| 3 |
State Street
Boston,
Massachusetts
|
-$7.16M |
| 4 |
PCM
Portolan Capital Management
Boston,
Massachusetts
|
-$6.28M |
| 5 |
Norges Bank
Oslo,
Norway
|
-$3.47M |
APPS Hedge Fund Activity: Q1 2024 in Review
192 of the 6,958 institutional investors tracked by Wall St. Rank reported a position in Digital Turbine (APPS) for Q1 2024, worth a combined $159M — down 64% from $446M a quarter earlier.
Sellers outnumbered buyers: 58 funds closed out of APPS and 38 opened new positions — a net loss of 20 holders — while 67 trimmed existing stakes and 58 added.
The largest buyer was Millennium Management, adding an estimated $10.3M. The largest seller was BlackRock, cutting an estimated $32.8M.
- 192 institutional investors held Digital Turbine (APPS) as of Q1 2024, down from 213 in Q4 2023.
- Funds reported $159M of Digital Turbine stock for Q1 2024, down 64% quarter-over-quarter.
- 38 funds opened new Digital Turbine positions in Q1 2024 and 58 closed out, a net change of -20 holders.
- The largest Digital Turbine buyer in Q1 2024 was Millennium Management, an estimated $10.3M added.
- The largest Digital Turbine seller in Q1 2024 was BlackRock, an estimated $32.8M sold.
Based on aggregated 13F filings for Q1 2024.