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Institutional Ownership · SEC Form 13F

Who owns Digital Turbine, Inc. (APPS)


Which tracked institutional funds hold APPS, how they are positioned, and who is buying versus exiting — from SEC Form 13F-HR filings. See APPS company fundamentals →

Ownership as of the 2026-Q1 13F filings (latest filed 2026-05-18). 13F is disclosed up to 45 days after quarter-end, so the most recent quarter fills in over the following weeks.

200
Institutional holders
73M
Shares held (tracked funds)
60.5%
Of shares outstanding

How the tape is positioned

The tracked-fund tape on APPS is one-sided between 2025-Q4 and 2026-Q1: 10 added or opened and 60 trimmed or exited — on balance reducing.

A prompt to read the filings, not a verdict. 13F is a quarter-end snapshot disclosed up to 45 days late; a fund adds or exits for mandate, benchmark, and timing reasons that have nothing to do with a view on the stock. This is a starting question, not a signal to trade.

Conviction spread

APPS’s largest tracked holder by dollar value, VANGUARD GROUP INC, sizes it at 0.0% of its own reported 13F book, while the median holder sizes it at 0.0% of theirs — a 0.0pp gap the other way — the median holder sizes APPS more heavily than its largest holder by dollar value does.

Book-share is each fund’s reported value in APPS divided by its whole reported 13F book, so it is comparable across funds of different sizes and is unaffected by stock splits. A higher share means a fund has committed more of its book to the name — a starting question about conviction, not a verdict or a signal to trade.

Institutional & insider positioning

Between 2025-Q4 and 2026-Q1, across 200 tracked filers holding APPS, 83 increased or opened the position and 117 reduced or closed it; over the same quarter, open-market insider Form 4 buying and selling roughly offset.

This fuses two public signals for the same quarter — how tracked institutions changed their positions and whether insiders bought or sold in the open market. It describes what was filed; it is a starting question, not a verdict or a signal to trade.

New buyers & exits

Funds opening or closing a position in APPS between the 2025-Q4 and 2026-Q1 13F filings, and the largest changes among funds holding it in both. New buyers and exits are counted on fund presence (split-invariant); adds and trims are measured on reported value.

New buyers 7

  • AIGH Capital Management LLC$14M
  • VANGUARD CAPITAL MANAGEMENT LLC$13M
  • VANGUARD PORTFOLIO MANAGEMENT LLC$11M
  • VANGUARD FIDUCIARY TRUST CO$2M
  • GLOBEFLEX CAPITAL L P$1M
  • SEGALL BRYANT & HAMILL, LLC$970K

Full exits 6

  • VANGUARD GROUP INC$41M
  • Trexquant Investment LP$2M
  • PERKINS CAPITAL MANAGEMENT INC$2M
  • Soviero Asset Management, LP$1M
  • ALGERT GLOBAL LLC$1M
  • TWO SIGMA ADVISERS, LP$922K

Largest adds

  • GOLDMAN SACHS GROUP INC$5M
  • JPMORGAN CHASE & CO$480K
  • SUSQUEHANNA INTERNATIONAL GROUP, LLP$429K

Largest trims

  • BlackRock, Inc.$20M
  • Granahan Investment Management, LLC$11M
  • Invesco Ltd.$8M
  • MORGAN STANLEY$6M
  • ARROWSTREET CAPITAL, LIMITED PARTNERSHIP$6M
  • Manatuck Hill Partners, LLC$6M

Institutional holders

One row per tracked fund, largest reported value first. “% of value” is the fund’s share of this security’s tracked institutional value — not of shares outstanding. Rows marked stale are from an earlier filing than the security’s latest quarter — that fund is absent from the newest snapshot (position exited, or reported under a different name).

FundSharesReported value% of valueQuarter
BlackRock, Inc. trimmed8,654,256$25M8.4%2026-Q1
Granahan Investment Management, LLC added7,112,351$20M6.9%2026-Q1
AIGH Capital Management LLC added4,895,772$14M4.8%2026-Q1
VANGUARD CAPITAL MANAGEMENT LLC new4,672,448$13M4.6%2026-Q1
VANGUARD PORTFOLIO MANAGEMENT LLC new3,986,325$11M3.9%2026-Q1
BANK OF AMERICA CORP /DE/ added3,619,171$10M3.5%2026-Q1
STATE STREET CORP added2,943,970$8M2.9%2026-Q1
GOLDMAN SACHS GROUP INC added2,782,152$8M2.7%2026-Q1
GEODE CAPITAL MANAGEMENT, LLC added2,596,981$7M2.5%2026-Q1
DIMENSIONAL FUND ADVISORS LP added2,353,594$7M2.3%2026-Q1
JANE STREET GROUP, LLC added1,638,742$5M1.6%2026-Q1
TWO SIGMA INVESTMENTS, LP added1,552,590$4M1.5%2026-Q1
ARROWSTREET CAPITAL, LIMITED PARTNERSHIP trimmed1,460,255$4M1.4%2026-Q1
HRT FINANCIAL LP added1,442,083$4M1.4%2026-Q1
Manatuck Hill Partners, LLC trimmed1,353,417$4M1.3%2026-Q1
JPMORGAN CHASE & CO added1,155,824$3M1.1%2026-Q1
HARBOR CAPITAL ADVISORS, INC. added1,086,626$3M1.1%2026-Q1
CITADEL ADVISORS LLC trimmed1,066,143$3M1.0%2026-Q1
SILVERCREST ASSET MANAGEMENT GROUP LLC trimmed936,044$3M0.9%2026-Q1
NORTHERN TRUST CORP added893,744$3M0.9%2026-Q1
CHARLES SCHWAB INVESTMENT MANAGEMENT INC added874,369$3M0.9%2026-Q1
G2 Investment Partners Management LLC trimmed800,000$2M0.8%2026-Q1
S SQUARED TECHNOLOGY, LLC added762,794$2M0.7%2026-Q1
UBS Group AG trimmed752,326$2M0.7%2026-Q1
VANGUARD FIDUCIARY TRUST CO new735,405$2M0.7%2026-Q1
AQR CAPITAL MANAGEMENT LLC trimmed692,404$2M0.7%2026-Q1
TUDOR INVESTMENT CORP ET AL added608,869$2M0.6%2026-Q1
HERALD INVESTMENT MANAGEMENT Ltd trimmed587,829$2M0.6%2026-Q1
GC Wealth Management RIA, LLC added576,273$2M0.6%2026-Q1
GLOBEFLEX CAPITAL L P added425,906$1M0.4%2026-Q1
Invesco Ltd. trimmed416,347$1M0.4%2026-Q1
Bank of New York Mellon Corp trimmed387,789$1M0.4%2026-Q1
SEGALL BRYANT & HAMILL, LLC trimmed257,306$970K0.3%2026-Q1
Universal- Beteiligungs- und Servicegesellschaft mbH added304,499$877K0.3%2026-Q1
Baader Bank Aktiengesellschaft added303,202$871K0.3%2026-Q1
P.A.W. CAPITAL CORP added300,000$864K0.3%2026-Q1
RAYMOND JAMES FINANCIAL INC trimmed295,655$851K0.3%2026-Q1
RENAISSANCE TECHNOLOGIES LLC trimmed282,800$814K0.3%2026-Q1
Squarepoint Ops LLC trimmed278,583$802K0.3%2026-Q1
D. E. Shaw & Co., Inc. trimmed250,100$720K0.2%2026-Q1
Nuveen, LLC trimmed246,091$709K0.2%2026-Q1
ALLIANCEBERNSTEIN L.P.140,970$705K0.2%2026-Q1
MORGAN STANLEY trimmed225,814$650K0.2%2026-Q1
MACKENZIE FINANCIAL CORP added225,216$649K0.2%2026-Q1
Point72 Asset Management, L.P. trimmed223,865$645K0.2%2026-Q1
BOOTHBAY FUND MANAGEMENT, LLC trimmed215,302$620K0.2%2026-Q1
Vanguard Global Advisers, LLC new195,465$563K0.2%2026-Q1
XTX Topco Ltd trimmed193,362$557K0.2%2026-Q1
Jump Financial, LLC added189,833$547K0.2%2026-Q1
SUSQUEHANNA INTERNATIONAL GROUP, LLP added174,372$502K0.2%2026-Q1
BALYASNY ASSET MANAGEMENT L.P. added169,488$488K0.2%2026-Q1
PRICE T ROWE ASSOCIATES INC /MD/ added160,210$462K0.2%2026-Q1
HighTower Advisors, LLC trimmed143,038$412K0.1%2026-Q1
FULLER & THALER ASSET MANAGEMENT, INC. added138,620$399K0.1%2026-Q1
RHUMBLINE ADVISERS trimmed129,883$374K0.1%2026-Q1
DEUTSCHE BANK AG\ added114,296$329K0.1%2026-Q1
ExodusPoint Capital Management, LP trimmed113,867$328K0.1%2026-Q1
Quantbot Technologies LP added109,278$315K0.1%2026-Q1
PANAGORA ASSET MANAGEMENT INC added106,421$306K0.1%2026-Q1
GSA CAPITAL PARTNERS LLP trimmed104,010$300K0.1%2026-Q1
LPL Financial LLC added103,141$297K0.1%2026-Q1
Rathbones Group PLC101,015$291K0.1%2026-Q1
WELLS FARGO & COMPANY/MN trimmed100,895$291K0.1%2026-Q1
Engineers Gate Manager LP trimmed94,028$271K0.1%2026-Q1
ACADIAN ASSET MANAGEMENT LLC trimmed91,354$261K0.1%2026-Q1
SG Americas Securities, LLC trimmed84,413$243K0.1%2026-Q1
Counterpoint Mutual Funds LLC trimmed84,339$243K0.1%2026-Q1
VANGUARD GROUP INC trimmed8,258,206$41M14.0%2025-Q4 stale
MARSHALL WACE, LLP trimmed2,458,218$15M4.9%2025-Q2 stale
Driehaus Capital Management LLC added1,664,226$10M3.3%2025-Q2 stale
Greenhaven Road Investment Management, L.P. trimmed1,025,951$3M0.9%2025-Q1 stale
Informed Momentum Co LLC added367,558$2M0.7%2025-Q2 stale
Tenzing Global Management, LLC trimmed325,000$2M0.7%2025-Q3 stale
Trexquant Investment LP added407,097$2M0.7%2025-Q4 stale
Legacy Capital Group California, Inc. trimmed301,840$2M0.7%2025-Q3 stale
PERKINS CAPITAL MANAGEMENT INC trimmed366,100$2M0.6%2025-Q4 stale
AXA S.A.243,108$1M0.5%2025-Q2 stale
Soviero Asset Management, LP new240,000$1M0.4%2025-Q4 stale
Allspring Global Investments Holdings, LLC added191,179$1M0.4%2025-Q2 stale
ALGERT GLOBAL LLC added207,040$1M0.4%2025-Q4 stale
MYDA Advisors LLC added150,000$960K0.3%2025-Q3 stale
FORMULA GROWTH LTD new350,000$950K0.3%2025-Q1 stale
TWO SIGMA ADVISERS, LP added184,374$922K0.3%2025-Q4 stale
Connor, Clark & Lunn Investment Management Ltd. trimmed129,799$831K0.3%2025-Q3 stale
Calamos Advisors LLC trimmed131,459$776K0.3%2025-Q2 stale
Employees Retirement System of Texas new100,645$594K0.2%2025-Q2 stale
CANTOR FITZGERALD, L. P. trimmed74,519$477K0.2%2025-Q3 stale
Round Rock Advisors LLC new93,689$468K0.2%2025-Q4 stale
PharVision Advisers, LLC new82,744$414K0.1%2025-Q4 stale
McElhenny Sheffield Capital Management, LLC added399$410K0.1%2025-Q2 stale
Headlands Technologies LLC added67,907$401K0.1%2025-Q2 stale
CAPSTONE INVESTMENT ADVISORS, LLC added59,507$381K0.1%2025-Q3 stale
Brendel Financial Advisors LLC added68,007$340K0.1%2025-Q4 stale
Versor Investments LP added56,500$333K0.1%2025-Q2 stale
AXA Investment Managers S.A. new49,455$317K0.1%2025-Q3 stale
Focus Partners Wealth new253$303K0.1%2025-Q3 stale
Cornerstone Investment Partners, LLC added47,065$278K0.1%2025-Q2 stale
DLD Asset Management, LP new100,000$272K0.1%2025-Q1 stale
Garden State Investment Advisory Services LLC new43,347$256K0.1%2025-Q2 stale
LOS ANGELES CAPITAL MANAGEMENT LLC trimmed89,140$242K0.1%2025-Q1 stale

Ownership over time

Tracked institutional holder count and total shares held by filing quarter (independent scales). The curated-era tail and any mid-ingest latest quarter are handled honestly — a partial quarter is not drawn as a collapse.

HoldersTotal shares

Reading this table

Funds hold the same stock for different reasons — an index fund “holds” almost everything, an active manager sizes a name to a mandate and a benchmark, and each fund entered at its own price and time. Because 13F is filed up to 45 days after quarter-end, every row is a backward-looking snapshot; a manager may have traded since. Share-class siblings (a company’s A and C shares) are rolled up to one line so a dual-class name is never double-counted. Compare like-for-like. A large holder is not an endorsement, and a fund exiting is not a warning — this is a starting question, not a verdict.

About 13F filings

A Form 13F is a quarterly disclosure that institutional investment managers with over $100 million in US-listed equities must file with the SEC. In plain English: it is a snapshot of the long stock positions a fund held at the end of a quarter. It covers long US-listed equities only — not short positions, options, cash, or private holdings — and the funds shown are the large sample we track, not the complete 13F universe.

Learn how to read institutional ownership