APPLIED DIGITAL CORP APLD
COM NEW · Common Stock · CUSIP 038169207 · ISIN US0381692070
- SectorTechnology
- IndustryServices-Computer Processing & Data Preparation
- HeadquartersDallas, TX
- FilingsSEC EDGAR
* Summed across managers. Shares that two managers' reports both contain – a subsidiary's holdings that its parent's report includes too, or a sub-adviser's in its client's – are counted once ($1.4k this quarter). Holder counts are more reliable. Shares outstanding: 122.7m as of 2024-04-08, from the company's own SEC filing; the percentage can still exceed 100%: lent-out shares are counted by the lender and the buyer, and some reports overlap without saying so. Implied quarter-end price ≈ $5.95. Options: 21 managers hold calls ($39.4m notional), 12 hold puts ($4.4m).
Trends to Q2 2024
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 63 |
| Q4 2022 | 67 |
| Q1 2023 | 75 |
| Q2 2023 | 128 |
| Q3 2023 | 132 |
| Q4 2023 | 137 |
| Q1 2024 | 116 |
| Q2 2024 | 137 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q4 2022 | 46 | 20 |
| Q1 2023 | 42 | 30 |
| Q2 2023 | 92 | 36 |
| Q3 2023 | 81 | 64 |
| Q4 2023 | 96 | 44 |
| Q1 2024 | 69 | 68 |
| Q2 2024 | 99 | 46 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q3 2023 | $21.1m | $17.5m | 0.83 |
| Q4 2023 | $34.8m | $17.5m | 0.50 |
| Q1 2024 | $18.3m | $4.5m | 0.25 |
| Q2 2024 | $39.4m | $4.4m | 0.11 |
Biggest buyers
| CLEARFIELD CAPITAL MANAGEMENT LP | New | +4.5m |
| Oasis Management Co Ltd. | Added | +1.9m |
| JANE STREET GROUP, LLC | Added | +1.6m |
| Balyasny Asset Management L.P. | New | +1.5m |
| COWBIRD CAPITAL LP | New | +1.4m |
| Castle Hook Partners LP | New | +1.3m |
| PLUSTICK MANAGEMENT LLC | Added | +1.2m |
| NOMURA HOLDINGS INC | Added | +1.0m |
| Nokomis Capital, L.L.C. | Added | +975.2k |
| MILLENNIUM MANAGEMENT LLC | New | +956.4k |
Biggest sellers
| EQUITEC PROPRIETARY MARKETS, LLC | Sold out | -4.2m |
| Mirae Asset Global Investments Co., Ltd. | Sold out | -1.3m |
| MORGAN STANLEY | Reduced | -460.4k |
| Portolan Capital Management, LLC | Reduced | -449.8k |
| 272 Capital LP | Reduced | -404.2k |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | -392.6k |
| PRELUDE CAPITAL MANAGEMENT, LLC | Sold out | -306.3k |
| CITADEL ADVISORS LLC | Sold out | -237.4k |
| Redmond Asset Management, LLC | Sold out | -207.9k |
| Swiss National Bank | Sold out | -180.6k |
Biggest calls
| Caption Management, LLC | Added | $5.7m955.8k shares |
| Quarry LP | Added | $4.5m760.0k shares |
| ARDSLEY ADVISORY PARTNERS LP | New | $3.6m600.0k shares |
| JANE STREET GROUP, LLC | Reduced | $3.4m577.3k shares |
| CITADEL ADVISORS LLC | Reduced | $2.9m487.0k shares |
| Nokomis Capital, L.L.C. | Added | $2.8m470.9k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $2.8m464.3k shares |
| GROUP ONE TRADING LLC | Added | $2.6m434.1k shares |
| MYDA Advisors LLC | New | $2.2m370.0k shares |
| J. Goldman & Co LP | New | $2.0m337.5k shares |
Biggest puts
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $968.7k162.8k shares |
| CITADEL ADVISORS LLC | Added | $944.3k158.7k shares |
| GROUP ONE TRADING LLC | Reduced | $666.4k112.0k shares |
| IMC-Chicago, LLC | Added | $596.8k100.3k shares |
| Squarepoint Ops LLC | Reduced | $583.1k98.0k shares |
| SIMPLEX TRADING, LLC | Reduced | $164.0k27.6k shares |
| JANE STREET GROUP, LLC | Reduced | $138.0k23.2k shares |
| WOLVERINE TRADING, LLC | Reduced | $133.3k22.4k shares |
| BANK OF AMERICA CORP /DE/ | New | $122.6k20.6k shares |
| Cubist Systematic Strategies, LLC | New | $73.2k12.3k shares |
Options at notional value: the value of the shares the contracts control, as filers report them, not what the options cost. Not included in the holders, shares or buying above.
Major shareholders (over 5%)
Anyone who owns more than 5% of a class of the company's shares has to say so: on Schedule 13D if they may try to influence or control the company, on 13G if they're a passive investor, and update it as the stake changes. Each holder's latest filing, from 19 Dec 2024 on; percentages are of the share class, as the holder worked them out.
| Holder | Stake |
|---|---|
| Hood River Capital Management LLC 13G · institution +0.7 pts · filed 2026-02-17 | 7.9% |
| Cummins Wes 13D · may seek influence no change · filed 2026-07-08 | 7.6% |
| JANE STREET GROUP, LLC 13G · passive investor +0.1 pts · filed 2026-05-12 | 7.1% |
Fell to 5% or below in the last year: VANGUARD PORTFOLIO MANAGEMENT LLC (4.8%, 2026-07-31), BlackRock, Inc. (4.3%, 2026-07-27), VANGUARD GROUP INC (0.0%, 2026-03-26)
Insider purchases and sales in Q2 2024
Shares bought or sold by the company's own officers, directors and 10% owners, in the open market or privately, as they reported to the SEC on Form 4 (due within two business days of the trade). Grants, option exercises, shares withheld for tax and gifts aren't included.
Officers and directors buying vs selling
Number of people, by quarter (10% owners not included)
Numbers
| Quarter | Buying | Bought | Selling | Sold | Sold under a plan |
|---|---|---|---|---|---|
| Q3 2022 | 3 | $243.1k | 0 | — | — |
| Q4 2022 | 1 | $1.2m | 2 | $80.0k | — |
| Q1 2023 | 2 | $1.4m | 1 | $1.2m | — |
| Q2 2023 | 1 | $318.7k | 0 | — | — |
| Q3 2023 | 0 | — | 1 | $114.7k | — |
| Q4 2023 | 0 | — | 1 | $983.2k | — |
| Q1 2024 | 0 | — | 1 | $142.2k | — |
| Q2 2024 | 0 | — | 0 | — | — |
None reported in Q2 2024.
Holders, Q2 2024
| Manager | Shares | Change |
|---|---|---|
| Hood River Capital Management LLC 1.18% of their portfolio | 9.6m $57.1m | Added +771.7k |
| Oasis Management Co Ltd. 13.80% of their portfolio | 7.1m $42.2m | Added +1.9m |
| VANGUARD GROUP INC 0.00% of their portfolio | 6.7m $39.9m | Added +531.5k |
| BlackRock Inc. 0.00% of their portfolio | 6.4m $37.8m | Added +405.1k |
| Nokomis Capital, L.L.C. 15.95% of their portfolio | 5.6m $33.4m | Added +975.2k |
| CLEARFIELD CAPITAL MANAGEMENT LP 23.82% of their portfolio | 4.5m $26.5m | New |
| NOMURA HOLDINGS INC 0.11% of their portfolio | 3.0m $17.9m | Added +1.0m |
| VAN ECK ASSOCIATES CORP 0.02% of their portfolio | 2.9m $17.1m | Added +443.7k |
| GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio | 2.1m $12.2m | Added +275.0k |
| STATE STREET CORP 0.00% of their portfolio | 2.1m $12.2m | Added +176.5k |
| VOYA INVESTMENT MANAGEMENT LLC 0.01% of their portfolio | 2.0m $11.9m | Added +52.7k |
| PLUSTICK MANAGEMENT LLC 10.11% of their portfolio | 1.9m $11.2m | Added +1.2m |
| MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. 0.03% of their portfolio | 1.9m $11.0m | First filing |
| JANE STREET GROUP, LLC 0.01% of their portfolio | 1.7m $10.0m | Added +1.6m |
| 272 Capital LP 4.86% of their portfolio | 1.6m $9.7m | Reduced -404.2k |
| Balyasny Asset Management L.P. 0.02% of their portfolio | 1.5m $8.8m | New |
| COWBIRD CAPITAL LP 9.24% of their portfolio | 1.4m $8.0m | New |
| Castle Hook Partners LP 0.27% of their portfolio | 1.3m $7.8m | New |
| ROYCE & ASSOCIATES LP 0.06% of their portfolio | 1.1m $6.6m | Added +253.6k |
| MILLENNIUM MANAGEMENT LLC 0.00% of their portfolio | 956.4k $5.7m | New |
| BOOTHBAY FUND MANAGEMENT, LLC 0.17% of their portfolio | 948.7k $5.6m | Added +14.4k |
| B. Riley Wealth Advisors, Inc. 0.12% of their portfolio | 774.7k $4.6m | Added +308.2k |
| Portolan Capital Management, LLC 0.37% of their portfolio | 756.6k $4.5m | Reduced -449.8k |
| NORTHERN TRUST CORP 0.00% of their portfolio | 722.4k $4.3m | Reduced -54.4k |
| GOLDMAN SACHS GROUP INC 0.00% of their portfolio | 709.6k $4.2m | Added +247.5k |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.01% of their portfolio | 703.3k $4.2m | Reduced -392.6k |
| EXCHANGE TRADED CONCEPTS, LLC 0.11% of their portfolio | 694.3k $4.1m | Reduced -164.9k |
| Pertento Partners LLP 0.50% of their portfolio | 664.1k $4.0m | New |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.00% of their portfolio | 658.7k $3.9m | Added +37.9k |
| ARDSLEY ADVISORY PARTNERS LP 0.68% of their portfolio | 632.0k $3.8m | Added +57.0k |
| Vident Advisory, LLC 0.10% of their portfolio | 631.6k $3.8m | Reduced -118.4k |
| Metavasi Capital LP 2.00% of their portfolio | 610.0k $3.6m | New |
| Alight Capital Management LP 0.88% of their portfolio | 600.0k $3.6m | New |
| FULLER & THALER ASSET MANAGEMENT, INC. 0.01% of their portfolio | 501.3k $3.0m | Reduced -24.3k |
| Northern Right Capital Management, L.P. 1.04% of their portfolio | 475.0k $2.8m | New |
| J. Goldman & Co LP 0.10% of their portfolio | 462.1k $2.7m | New |
| TUDOR INVESTMENT CORP ET AL 0.03% of their portfolio | 444.1k $2.6m | New |
| Thomist Capital Management, LP 0.80% of their portfolio | 425.0k $2.2m | New |
| Collaborative Holdings Management LP 5.77% of their portfolio | 425.0k $2.5m | Added +250.0k |
| Register Financial Advisors LLC 1.26% of their portfolio | 417.8k $2.5m | Added +94.4k |
| Manatuck Hill Partners, LLC 1.05% of their portfolio | 400.0k $2.4m | New |
| THOR INVESTMENT MANAGEMENT INC /OH/ /ADV 1.80% of their portfolio | 385.8k $2.3m | Added +268.5k |
| HUNTER ASSOCIATES INVESTMENT MANAGEMENT LLC 0.37% of their portfolio | 371.3k $2.2m | Added +42.7k |
| GROUP ONE TRADING LLC 0.06% of their portfolio | 311.1k $1.9m | New |
| Bank of New York Mellon Corp 0.00% of their portfolio | 304.9k $1.8m | Added +81.0k |
| JT Stratford LLC 0.31% of their portfolio | 282.4k $1.7m | Reduced -26.2k |
| WOODMONT INVESTMENT COUNSEL LLC 0.13% of their portfolio | 272.4k $1.6m | Added +22.1k |
| Harvey Partners, LLC 0.18% of their portfolio | 250.0k $1.5m | Unchanged |
| Point72 Asset Management, L.P. 0.00% of their portfolio | 243.9k $1.5m | New |
| MORGAN STANLEY 0.00% of their portfolio | 243.4k $1.4m | Reduced -460.4k |
| Nuveen Asset Management, LLC 0.00% of their portfolio | 242.1k $1.4m | Added +33.1k |
| GILDER GAGNON HOWE & CO LLC 0.02% of their portfolio | 211.5k $1.3m | New |
| SEI INVESTMENTS CO 0.00% of their portfolio | 198.9k $1.2m | Reduced -6.6k |
| DZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt am Main 0.00% of their portfolio | 191.8k $1.1m | Added +128.3k |
| Concentric Capital Strategies, LP 0.07% of their portfolio | 189.5k $1.1m | New |
| MYDA Advisors LLC 0.34% of their portfolio | 189.5k $1.1m | New |
| CastleKnight Management LP 0.15% of their portfolio | 183.3k $1.1m | Added +76.6k |
| SIMPLEX TRADING, LLC 0.03% of their portfolio | 180.3k $1.1m | Added +174.8k |
| BIT Capital GmbH 0.09% of their portfolio | 175.1k $1.0m | Reduced -105.0k |
| Invesco Ltd. 0.00% of their portfolio | 149.9k $891.9k | Added +31.8k |
| RHUMBLINE ADVISERS 0.00% of their portfolio | 140.1k $833.5k | Added +32.3k |
| MARSHALL WACE, LLP 0.00% of their portfolio | 121.1k $720.3k | New |
| MRP Capital Investments, LLC 0.67% of their portfolio | 119.9k $713.3k | Added +57.4k |
| Covalis Capital LLP 0.09% of their portfolio | 110.6k $657.8k | New |
| Squarepoint Ops LLC 0.00% of their portfolio | 108.6k $645.9k | Reduced -101.0k |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 101.0k $601.1k | Added +63.4k |
| Silphium Asset Management Ltd 0.28% of their portfolio | 100.0k $595.0k | New |
| JPMORGAN CHASE & CO 0.00% of their portfolio | 95.2k $566.2k | Added +25.0k |
| ALLIANCEBERNSTEIN L.P. 0.00% of their portfolio | 94.1k $560.0k | Added +10.3k |
| IMC-Chicago, LLC 0.02% of their portfolio | 91.0k $541.7k | New |
| Russell Investments Group, Ltd. 0.00% of their portfolio | 68.6k $408.1k | Added +50.1k |
| Nishkama Capital, LLC 0.06% of their portfolio | 67.9k $404.2k | New |
| COMMONWEALTH EQUITY SERVICES, LLC 0.00% of their portfolio | 66.7k $397.0k | Added +35.8k |
| LPL Financial LLC 0.00% of their portfolio | 61.3k $364.7k | Added +32.8k |
| BARCLAYS PLC 0.00% of their portfolio | 58.1k $346.0k | Reduced -21.3k |
| MetLife Investment Management, LLC 0.00% of their portfolio | 58.0k $345.0k | Added +15.0k |
| DEUTSCHE BANK AG\ 0.00% of their portfolio | 55.0k $327.5k | Added +2.6k |
| Corebridge Financial, Inc. 0.00% of their portfolio | 53.0k $315.2k | First filing |
| STATE OF WISCONSIN INVESTMENT BOARD 0.00% of their portfolio | 51.8k $308.1k | Reduced -79.1k |
| CITIGROUP INC 0.00% of their portfolio | 50.1k $298.1k | Added +13.8k |
| WELLS FARGO & COMPANY/MN 0.00% of their portfolio | 42.5k $252.9k | Added +7.1k |
| WOLVERINE TRADING, LLC 0.00% of their portfolio | 41.0k $244.2k | New |
| Walleye Capital LLC 0.00% of their portfolio | 40.0k $238.0k | New |
| NEW YORK STATE COMMON RETIREMENT FUND 0.00% of their portfolio | 39.5k $235.1k | Reduced -1.8k |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.00% of their portfolio | 37.6k $224.0k | Added +7.5k |
| WELLINGTON MANAGEMENT GROUP LLP 0.00% of their portfolio | 34.4k $204.5k | Reduced -11.6k |
| Tower Research Capital LLC (TRC) 0.00% of their portfolio | 33.6k $200.0k | Added +30.6k |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.00% of their portfolio | 31.4k $187.0k | Added +7.4k |
| CANNELL CAPITAL LLC 0.04% of their portfolio | 30.6k $182.2k | New |
| CI INVESTMENTS INC. 0.00% of their portfolio | 30.6k $182.0k | Added +21.4k |
| Caption Management, LLC 0.02% of their portfolio | 30.0k $178.5k | Reduced -40.0k |
| AIRE ADVISORS, LLC 0.04% of their portfolio | 30.0k $178.5k | Unchanged |
| Leonteq Securities AG 0.02% of their portfolio | 27.6k $164.3k | Added +4.0k |
| UBS Group AG 0.00% of their portfolio | 26.5k $157.5k | Reduced -62.3k |
| HORIZON KINETICS ASSET MANAGEMENT LLC 0.00% of their portfolio | 25.1k $149.6k | Added +1.6k |
| STATE BOARD OF ADMINISTRATION OF FLORIDA RETIREMENT SYSTEM 0.00% of their portfolio | 21.3k $126.7k | New |
| L & S Advisors Inc 0.01% of their portfolio | 20.5k $122.0k | New |
| Vontobel Holding Ltd. 0.00% of their portfolio | 20.2k $120.4k | Added +9.0k |
| Beacon Pointe Advisors, LLC 0.00% of their portfolio | 20.0k $119.0k | Reduced -20.0k |
| Y-Intercept (Hong Kong) Ltd 0.01% of their portfolio | 18.8k $112.2k | New |