Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

DIGITAL TURBINE INC (APPS)

207 + Investors. Track Smart Money conviction in APPS. See who's accumulating, reducing, or initiating positions.

Current Price
-- USD
Analyst Target
-- (0 analysts)
Upside
0.00%
Net Flow Q/Q
↑ +19
Streak
1Q ▲
Buyers last Q
60%

Smart Money Signals — APPS

Based on 194 hedge funds · latest filing: 2025 Q4 · updated quarterly

📈

Buying streak — 1 quarter in a row

last 6Q
For 1 consecutive quarter, more hedge funds added APPS than sold it. That's a consistent pattern of professional buying — not a one-time trade. When institutions keep buying quarter after quarter, it usually means they see a multi-year opportunity, not just a short-term momentum flip.
📊

High ownership — 83% of 3.0Y peak

83% of all-time peak
194 funds currently hold this stock — 83% of the 3.0-year high of 233 funds (reached 2023 Q1). Ownership is elevated but not yet at maximum concentration. Room to grow, but watch if the trend reverses.
🚀

Fast accumulation — +33% more funds vs a year ago

fund count last 6Q
+48 new funds entered over the past year (+33% YoY). That's a rapid rush of institutional money. Fast accumulation often signals a major thesis — but it also means the stock could fall quickly if that thesis breaks.
🟢

More buyers than sellers — 60% buying

119 buying78 selling
Last quarter: 119 funds were net buyers (44 opened a brand new position + 75 added to an existing one). Only 78 were sellers (53 trimmed + 25 sold completely). A clear majority buying is a strong confirmation signal.
📈

More new buyers each quarter (+16 vs last Q)

new funds entering per quarter
Funds opening a new APPS position: 43 → 39 → 28 → 44. A growing influx of new institutional buyers means the asset is still gathering momentum — the consensus hasn't fully saturated yet.
🔒

64% of holders stayed for 2+ years

■ 64% conviction (2yr+) ■ 20% medium ■ 16% new
124 out of 194 hedge funds have held APPS for over 2 years without selling. Long-term investors are generally harder to shake out during market stress, creating a stable ownership base that limits the risk of sudden capitulation.
💎

Buying through price weakness — shares +8%, value -15%

Value
-15%
Shares
+7%
Last quarter: funds added +8% more shares while total portfolio value only changed -15%. Institutions were buying while the price was falling — a high-conviction accumulation signal. They're deliberately loading up on the dip.
➡️

Steady discovery — ~44 new funds/quarter

19 → 43 → 39 → 28 → 44 new funds/Q
New funds entering each quarter: 43 → 39 → 28 → 44. Consistent flow of new institutional buyers without clear acceleration or slowdown.
🏛️

Deep conviction — 77% of holders stayed 2+ years

■ 77% veterans ■ 7% 1-2yr ■ 16% new
Of 208 current holders: 160 (77%) have held for over 2 years without selling. These are not momentum buyers — they have lived through drawdowns and stayed. A large veteran base acts as a stabilizing force during selloffs.
🏆

Elite ownership — 51% AUM from top-100 funds

51% from top-100 AUM funds
44 of 194 holders are among the 100 largest funds by AUM, controlling 51% of total institutional value in APPS. When the biggest players dominate the cap table, it signifies deep institutional support — since mega-funds deploy the most rigorous due diligence and capital.
2.8
out of 10
Low Exit Risk
Exit risk score 2.8/10 — low institutional crowding. Ownership is below peak levels, holder base is relatively sticky, and buying momentum is positive.

Methodology note: these Smart Money cards use consecutive 13F disclosure snapshots, not trade-by-trade execution data. "Buying", "selling", "new holders", and "trimmed" refer to quarter-over-quarter changes in reported holders, aggregate shares, or disclosed position values between filings. They are useful for ownership regime analysis and crowding, but they do not imply exact trade timing on the filing date.

Institutional Sentiment Summary — APPS

In 2025 Q4, 119 hedge funds were net buyers of APPS (44 opened a new position, 75 added to an existing one), while 78 reduced or exited (53 trimmed, 25 sold completely) — a 60% buyer ratio, indicating clear institutional accumulation. 51% of total institutional value in APPS is held by top-100 AUM funds, reflecting elite-tier ownership quality. Net fund flow last quarter: +19 funds (more new holders than closures). Total institutional holders: 194.

Hedge Fund Ownership: APPS

How many hedge funds hold APPS — quarterly history vs. share price
Quarterly hedge fund ownership of APPS vs. share price

Market Analysis: APPS

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: APPS

-- --

Institutional ownership data sourced from SEC EDGAR Form 13F-HR filings.

Loading signal freshness…
Smart Money Signal ?
Limited Smart Money Interest

No strong consensus or elite conviction detected among institutional holders.

13 top-rated funds 0 high-conviction
Consensus
5.0
/ 10
breadth
×
Elite
0.9
/ 10
conviction
Hedge Fund Positioning: APPS
2026 Q1 Stats Unlock in 1 days 207 + Investors

Track Smart Money conviction in APPS. See who's accumulating, reducing, or initiating positions.

Metric All 13F Filers (2025 Q4) Prior (2025 Q3) Change
Funds Holding 207 186 11.29%
13F Shares 73M 68M 7.91%
Total Value $367M $432M -15.05%
New Positions 47 27 +20
Increased Positions 96 76 +20
Closed Positions 26 31 -5
Reduced Positions 67 76 -9
Total Calls 7 8 -12.5%
Total Puts 7 8 -12.5%
PUT/CALL Ratio 1.0 1.0 Neutral

Statistics: APPS

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Financial Highlights

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Institutional Holders (2026 Q1)

207 + investors

Explore institutional interest and hedge fund ownership dynamics. Analyze portfolio weights, new positions, and conviction trends in APPS. Verified SEC 13F-HR filings.

QUARTER:
Top 25 institutional holders of APPS — 2025 Q4 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 P.A.W. CAPITAL CORP 2.35% 300,000 $864K
2 AIGH Capital Management LLC 1.92% 4,895,772 $14.1M
3 Manatuck Hill Partners, LLC 1.05% 1,353,417 $3.9M
4 Granahan Investment Management, LLC 0.99% 7,112,351 $20.5M
5 S SQUARED TECHNOLOGY, LLC 0.83% 762,794 $2.2M
6 G2 Investment Partners Management LLC 0.57% 800,000 $2.3M
7 HARBOR CAPITAL ADVISORS, INC. 0.25% 1,086,626 $3K
8 HERALD INVESTMENT MANAGEMENT Ltd 0.23% 587,829 $1.7M
9 Worth Venture Partners, LLC 0.20% 21,423 $62K
10 GLOBEFLEX CAPITAL L P 0.19% 425,906 $1.2M
11 GC Wealth Management RIA, LLC 0.07% 576,273 $1.7M
12 Baader Bank Aktiengesellschaft 0.07% 303,202 $871K
13 STONERIDGE INVESTMENT PARTNERS LLC 0.07% 32,663 —
14 GAGNON SECURITIES LLC 0.05% 81,839 $236K
15 VIRTUS ADVISERS, LLC 0.04% 29,100 $84K
16 Counterpoint Mutual Funds LLC 0.04% 84,339 $243K
17 TWO SIGMA SECURITIES, LLC 0.03% 77,946 $224K
18 SILVERCREST ASSET MANAGEMENT GROUP LLC 0.02% 936,044 $2.7M
19 GSA CAPITAL PARTNERS LLP 0.02% 104,010 —
20 SEGALL BRYANT & HAMILL, LLC 0.02% 257,306 $970K
21 EntryPoint Capital, LLC 0.01% 16,778 $48K
22 Catalyst Funds Management Pty Ltd 0.01% 28,700 $83K
23 Abel Hall, LLC 0.01% 22,566 $65K
24 Quantbot Technologies LP 0.01% 109,278 $315K
25 HRT FINANCIAL LP 0.01% 1,442,083 $4.2M
Investor Ownership
History 		% of Portfolio Prev % Rank Conviction Avg Buy Price 13F Score™ 3Y / 7Y Sell Timing Shares Mkt Value Change Change % Source Quarter Filed

Frequently Asked Questions — DIGITAL TURBINE INC (APPS)

What does the Smart Money Trend signal show for APPS?

Buying streak — 1 quarter in a row: For 1 consecutive quarter, more hedge funds added APPS than sold it. That's a consistent pattern of professional buying — not a one-time trade. When institutions keep buying quarter after quarter, it usually means they see a multi-year opportunity, not just a short-term momentum flip.

What is the institutional breadth score for APPS?

More buyers than sellers — 60% buying: Last quarter: 119 funds were net buyers (44 opened a brand new position + 75 added to an existing one). Only 78 were sellers (53 trimmed + 25 sold completely). A clear majority buying is a strong confirmation signal.

What is the fund quality score for APPS holders?

Elite ownership — 51% AUM from top-100 funds: 44 of 194 holders are among the 100 largest funds by AUM, controlling 51% of total institutional value in APPS. When the biggest players dominate the cap table, it signifies deep institutional support — since mega-funds deploy the most rigorous due diligence and capital.

How long have hedge funds held APPS?

64% of holders stayed for 2+ years: 124 out of 194 hedge funds have held APPS for over 2 years without selling. Long-term investors are generally harder to shake out during market stress, creating a stable ownership base that limits the risk of sudden capitulation.

Where does this institutional ownership data come from?

All holdings data is sourced from SEC Form 13F filings, which institutional investment managers with over $100 million in assets are required to submit quarterly. Data is parsed directly from SEC EDGAR.

Disclaimer: The information on this page is for informational purposes only and does not constitute investment advice, a recommendation, or an offer to buy or sell any security. Institutional holdings data is sourced from SEC Form 13F filings and reflects positions as of the filing date. Past performance of any fund or portfolio is not indicative of future results. 13Foresight is not a registered investment adviser. Always conduct your own due diligence before making investment decisions.