APPLOVIN CORP APP
COM CL A · Common Stock · CUSIP 03831W108 · ISIN US03831W1080
- SectorTechnology
- IndustryServices-Computer Programming, Data Processing, Etc.
- HeadquartersPalo Alto, CA
- Founded2012
- Websiteapplovin.com
- 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 ($1.8m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $25.69. Options: 17 managers hold calls ($144.8m notional), 16 hold puts ($57.5m).
Trends to Q2 2023
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 227 |
| Q4 2022 | 231 |
| Q1 2023 | 221 |
| Q2 2023 | 246 |
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 | 130 | 130 |
| Q1 2023 | 119 | 120 |
| Q2 2023 | 133 | 98 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q3 2022 | $75.9m | $38.7m | 0.51 |
| Q4 2022 | $34.1m | $26.1m | 0.77 |
| Q1 2023 | $54.4m | $25.3m | 0.47 |
| Q2 2023 | $144.8m | $57.5m | 0.40 |
Biggest buyers
| GQG Partners LLC | New | +15.1m |
| Pacer Advisors, Inc. | New | +1.9m |
| VANGUARD GROUP INC | Added | +1.8m |
| Point72 Asset Management, L.P. | New | +1.3m |
| VOLORIDGE INVESTMENT MANAGEMENT, LLC | New | +852.4k |
| DIMENSIONAL FUND ADVISORS LP | Added | +791.8k |
| VAN ECK ASSOCIATES CORP | New | +623.7k |
| JANE STREET GROUP, LLC | Added | +528.6k |
| SCOUT INVESTMENTS, INC. | New | +504.1k |
| RAYMOND JAMES & ASSOCIATES | Added | +439.7k |
Biggest sellers
| Kohlberg Kravis Roberts & Co. L.P. | Reduced | -31.1m |
| AQR CAPITAL MANAGEMENT LLC | Reduced | -1.8m |
| JPMORGAN CHASE & CO | Reduced | -1.7m |
| FIRST TRUST ADVISORS LP | Reduced | -1.7m |
| TWO SIGMA INVESTMENTS, LP | Reduced | -1.4m |
| Incline Global Management LLC | Sold out | -1.3m |
| Boston Partners | Reduced | -1.2m |
| RENAISSANCE TECHNOLOGIES LLC | Reduced | -1.1m |
| MILLENNIUM MANAGEMENT LLC | Reduced | -978.0k |
| Philosophy Capital Management LLC | Reduced | -855.9k |
Biggest calls
| Cresset Asset Management, LLC | New | $77.2m3.0m shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $23.4m910.2k shares |
| CITADEL ADVISORS LLC | Reduced | $20.5m795.6k shares |
| JANE STREET GROUP, LLC | Added | $6.5m250.7k shares |
| WOLVERINE TRADING, LLC | Added | $4.8m187.2k shares |
| SIMPLEX TRADING, LLC | Reduced | $2.9m112.8k shares |
| GROUP ONE TRADING LLC | Reduced | $2.5m98.7k shares |
| Walleye Trading LLC | Reduced | $2.0m78.5k shares |
| PEAK6 Investments LLC | Reduced | $1.1m43.2k shares |
| CAPITAL FUND MANAGEMENT S.A. | Reduced | $1.1m42.0k shares |
Biggest puts
| CITADEL ADVISORS LLC | Added | $13.6m530.5k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $10.8m419.3k shares |
| Portman Square Capital LLP | Unchanged | $9.0m350.0k shares |
| SIMPLEX TRADING, LLC | Added | $8.7m339.5k shares |
| Twin Tree Management, LP | New | $4.7m183.3k shares |
| GROUP ONE TRADING LLC | Added | $2.4m94.4k shares |
| Caption Management, LLC | New | $2.3m90.0k shares |
| JANE STREET GROUP, LLC | Added | $2.0m76.5k shares |
| WOLVERINE TRADING, LLC | Added | $1.4m53.5k shares |
| Walleye Capital LLC | Added | $895.4k34.8k 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 |
|---|---|
| Foroughi Arash Adam 13G · exempt (held before listing) filed 2025-02-07 | 10.6% |
| BlackRock, Inc. 13G · institution +2.2 pts · filed 2025-10-17 | 7.0% |
| VANGUARD CAPITAL MANAGEMENT LLC 13G · institution new · filed 2026-04-29 | 6.3% |
| Angel Pride Holdings Ltd 13G · passive investor filed 2025-01-30 | 5.8% |
| FMR LLC 13G · institution new · filed 2026-05-06 | 5.1% |
Fell to 5% or below in the last year: VANGUARD GROUP INC (0.0%, 2026-03-26; now reported by VANGUARD CAPITAL MANAGEMENT LLC)
Insider purchases and sales in Q2 2023
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 2021 | 0 | — | 0 | — | — |
| Q4 2021 | 0 | — | 5 | $37.2m | — |
| Q1 2022 | 0 | — | 2 | — | — |
| Q2 2022 | 0 | — | 3 | $4.9m | — |
| Q3 2022 | 0 | — | 2 | $7.2m | — |
| Q4 2022 | 0 | — | 4 | $59.1m | — |
| Q1 2023 | 0 | — | 2 | $2.1m | — |
| Q2 2023 | 0 | — | 4 | $4.5m | $794.0k |
| Date | Insider | Trade | Value |
|---|---|---|---|
| 2023-06-13 | Shikin Vasily Chief Technology Officer | Sold plan | $676.2k30.0k shares |
| 2023-06-13 | Harvey Dawson Alyssa Director | Sold plan | $117.8k5.2k shares |
| 2023-06-01 | KRAVIS HENRY R +6 10% owner · See footnotes | Sold | $345.0m15.0m shares |
| 2023-06-01 | KKR Americas Fund XII L.P. +4 10% owner · See footnotes | Sold | $345.0m15.0m shares |
| 2023-05-24 | Valenzuela Victoria CLO & Corp. Secretary | Sold | $1.3m52.2k shares |
| 2023-05-23 | Jansen Katie Kihorany Chief Marketing Officer | Sold | $1.3m52.2k shares |
| 2023-05-17 | KRAVIS HENRY R +6 10% owner · See footnotes | Sold | $335.0m16.0m shares |
| 2023-05-17 | KKR Americas Fund XII L.P. +4 10% owner · See footnotes | Sold | $335.0m16.0m shares |
| 2023-05-11 | Valenzuela Victoria CLO & Corp. Secretary | Sold | $1.1m50.0k shares |
Their holding: how much the trade added to or took from the insider's holding (direct, or the trust or fund named). The same trade is sometimes reported by more than one insider, such as a fund and the director who represents it; totals count it once. A value is left blank where the reported price is far from the market price (usually a typo).
Holders, Q2 2023
| Manager | Shares | Change |
|---|---|---|
| Kohlberg Kravis Roberts & Co. L.P. 23.62% of their portfolio | 29.6m $762.8m | Reduced -31.1m |
| VANGUARD GROUP INC 0.01% of their portfolio | 16.7m $429.4m | Added +1.8m |
| GQG Partners LLC 0.89% of their portfolio | 15.1m $388.0m | New |
| SVB WEALTH LLC 6.42% of their portfolio | 13.8m $355.1m | Added +121 |
| BlackRock Inc. 0.01% of their portfolio | 8.3m $214.5m | Added +195.0k |
| SPRUCE HOUSE INVESTMENT MANAGEMENT LLC 14.70% of their portfolio | 5.0m $128.7m | Unchanged |
| NetEase, Inc. 86.61% of their portfolio | 3.5m $90.4m | Unchanged |
| STATE STREET CORP 0.00% of their portfolio | 3.1m $79.0m | Added +20.6k |
| No Street GP LP 8.21% of their portfolio | 2.7m $69.6m | Reduced -45.5k |
| GEODE CAPITAL MANAGEMENT, LLC 0.01% of their portfolio | 2.5m $63.5m | Added +219.7k |
| Spyglass Capital Management LLC 4.54% of their portfolio | 2.4m $62.9m | Reduced -207.4k |
| FIRST TRUST ADVISORS LP 0.07% of their portfolio | 2.4m $60.7m | Reduced -1.7m |
| NORGES BANK 0.01% of their portfolio | 2.3m $59.4m | Added +166.1k |
| KENSICO CAPITAL MANAGEMENT CORP 2.08% of their portfolio | 2.0m $51.4m | Added +364.7k |
| Pacer Advisors, Inc. 0.20% of their portfolio | 1.9m $48.7m | New |
| MORGAN STANLEY 0.00% of their portfolio | 1.8m $47.5m | Reduced -42.7k |
| GOLDMAN SACHS GROUP INC 0.01% of their portfolio | 1.7m $44.8m | Reduced -223.9k |
| Keenan Capital, LLC 7.59% of their portfolio | 1.6m $42.3m | Unchanged |
| Point72 Asset Management, L.P. 0.12% of their portfolio | 1.3m $33.9m | New |
| Invenomic Capital Management LP 1.75% of their portfolio | 1.2m $31.3m | Reduced -469.7k |
| COATUE MANAGEMENT LLC 0.15% of their portfolio | 1.2m $29.7m | Unchanged |
| AQR CAPITAL MANAGEMENT LLC 0.06% of their portfolio | 1.1m $28.2m | Reduced -1.8m |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.01% of their portfolio | 896.3k $23.1m | Added +66.9k |
| DIMENSIONAL FUND ADVISORS LP 0.01% of their portfolio | 889.7k $22.9m | Added +791.8k |
| Greenstone Partners & Co., LLC 15.35% of their portfolio | 872.4k $22.4m | Reduced -81.3k |
| VOLORIDGE INVESTMENT MANAGEMENT, LLC 0.10% of their portfolio | 852.4k $21.9m | New |
| CITADEL ADVISORS LLC 0.02% of their portfolio | 847.5k $21.8m | Added +4.0k |
| NORTHERN TRUST CORP 0.00% of their portfolio | 792.3k $20.4m | Reduced -13.8k |
| Robertson Stephens Wealth Management, LLC 1.46% of their portfolio | 778.8k $20.0m | Reduced -60.5k |
| JANE STREET GROUP, LLC 0.03% of their portfolio | 739.3k $19.0m | Added +528.6k |
| AUGUSTINE ASSET MANAGEMENT INC 8.33% of their portfolio | 700.5k $18.0m | Reduced -96.6k |
| Boston Partners 0.02% of their portfolio | 695.4k $18.4m | Reduced -1.2m |
| Bank of New York Mellon Corp 0.00% of their portfolio | 675.1k $17.4m | Added +5.2k |
| Invesco Ltd. 0.00% of their portfolio | 645.3k $16.6m | Added +311.8k |
| VAN ECK ASSOCIATES CORP 0.04% of their portfolio | 623.7k $16.0m | New |
| Nuveen Asset Management, LLC 0.01% of their portfolio | 611.5k $15.7m | Added +11.4k |
| Philosophy Capital Management LLC 3.49% of their portfolio | 607.5k $15.6m | Reduced -855.9k |
| SCOUT INVESTMENTS, INC. 0.31% of their portfolio | 504.1k $15.1m | New |
| RAYMOND JAMES & ASSOCIATES 0.01% of their portfolio | 492.1k $12.7m | Added +439.7k |
| LAKEWOOD CAPITAL MANAGEMENT, LP 0.95% of their portfolio | 427.0k $11.0m | Reduced -258.0k |
| Russell Investments Group, Ltd. 0.02% of their portfolio | 426.8k $11.0m | Added +419.7k |
| Polar Asset Management Partners Inc. 0.21% of their portfolio | 414.5k $10.7m | Reduced -77.7k |
| California Public Employees Retirement System 0.01% of their portfolio | 406.9k $10.5m | Reduced -715 |
| Metavasi Capital LP 7.28% of their portfolio | 400.8k $10.3m | Added +184.3k |
| BRIGHTON JONES LLC 0.50% of their portfolio | 384.0k $9.9m | Unchanged |
| FEDERATED HERMES, INC. 0.02% of their portfolio | 362.5k $9.3m | Reduced -72.4k |
| Candlestick Capital Management LP 0.31% of their portfolio | 362.4k $9.3m | New |
| Gotham Asset Management, LLC 0.19% of their portfolio | 337.9k $8.7m | Added +15.1k |
| Swiss National Bank 0.01% of their portfolio | 332.3k $8.6m | Added +79.3k |
| Contrarius Investment Management Ltd 0.42% of their portfolio | 306.3k $7.9m | Reduced -330.8k |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.00% of their portfolio | 280.8k $7.2m | Reduced -870 |
| PRINCIPAL FINANCIAL GROUP INC 0.00% of their portfolio | 277.3k $7.1m | Added +253.7k |
| TWO SIGMA INVESTMENTS, LP 0.02% of their portfolio | 276.5k $7.1m | Reduced -1.4m |
| RHUMBLINE ADVISERS 0.01% of their portfolio | 264.7k $6.8m | Added +9.2k |
| LONESTAR CAPITAL MANAGEMENT LLC 3.38% of their portfolio | 250.0k $6.4m | Added +21.0k |
| NEW YORK STATE COMMON RETIREMENT FUND 0.01% of their portfolio | 244.4k $6.3m | Added +14.8k |
| Hodges Capital Management Inc. 0.00% of their portfolio | 244.1k $9.2k | New |
| TUDOR INVESTMENT CORP ET AL 0.10% of their portfolio | 238.6k $6.1m | New |
| FMR LLC 0.00% of their portfolio | 232.8k $6.0m | Added +206.2k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.00% of their portfolio | 221.3k $3.5m | Unchanged |
| Legal & General Group Plc 0.00% of their portfolio | 220.3k $5.7m | Reduced -137.6k |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.01% of their portfolio | 210.8k $5.4m | Added +15.8k |
| Mirae Asset Global Investments Co., Ltd. 0.01% of their portfolio | 209.6k $5.4m | Reduced -2.1k |
| Connor, Clark & Lunn Investment Management Ltd. 0.03% of their portfolio | 208.5k $5.4m | Added +150.0k |
| STATE BOARD OF ADMINISTRATION OF FLORIDA RETIREMENT SYSTEM 0.01% of their portfolio | 202.6k $5.2m | Reduced -10.7k |
| Cresset Asset Management, LLC 0.04% of their portfolio | 196.5k $5.1m | Added +161.5k |
| Eos Management, L.P. 2.24% of their portfolio | 186.8k $4.8m | Reduced -19.8k |
| BARCLAYS PLC 0.00% of their portfolio | 180.0k $4.6m | Added +168.4k |
| CREDIT SUISSE AG/ 0.00% of their portfolio | 170.5k $4.4m | Added +53.0k |
| MACQUARIE GROUP LTD 0.01% of their portfolio | 170.1k $4.4m | New |
| JPMORGAN CHASE & CO 0.00% of their portfolio | 163.9k $4.2m | Reduced -1.7m |
| MILLENNIUM MANAGEMENT LLC 0.00% of their portfolio | 155.4k $4.0m | Reduced -978.0k |
| Holocene Advisors, LP 0.02% of their portfolio | 152.6k $3.9m | Reduced -15.3k |
| Twin Tree Management, LP 0.08% of their portfolio | 151.8k $3.9m | Added +93.4k |
| Illinois Municipal Retirement Fund 0.08% of their portfolio | 146.3k $3.8m | Unchanged |
| CI INVESTMENTS INC. 0.02% of their portfolio | 134.4k $3.5m | Added +201 |
| RBF Capital, LLC 0.21% of their portfolio | 130.0k $3.3m | Added +45.4k |
| Caption Management, LLC 0.59% of their portfolio | 129.1k $3.3m | Added +88.8k |
| Perigon Wealth Management, LLC 0.12% of their portfolio | 115.5k $3.0m | Added +52.3k |
| DUALITY ADVISERS, LP 0.35% of their portfolio | 107.7k $2.8m | New |
| Corient Private Wealth LP 0.01% of their portfolio | 105.0k $2.7m | Added +83.9k |
| PUBLIC EMPLOYEES RETIREMENT SYSTEM OF OHIO 0.01% of their portfolio | 103.6k $2.7m | Reduced -5.5k |
| Treasurer of the State of North Carolina 0.01% of their portfolio | 102.6k $2.6m | Added +6.9k |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 102.6k $2.6m | Reduced -719.7k |
| State of New Jersey Common Pension Fund D 0.01% of their portfolio | 99.2k $2.6m | Reduced -53.8k |
| EPIQ Capital Group, LLC 1.35% of their portfolio | 99.1k $2.5m | Reduced -7.1k |
| ALLIANCEBERNSTEIN L.P. 0.00% of their portfolio | 98.0k $2.5m | Added +24.6k |
| Daiwa Securities Group Inc. 0.02% of their portfolio | 95.4k $2.5m | New |
| BAMCO INC /NY/ 0.01% of their portfolio | 94.0k $2.4m | Unchanged |
| Bayesian Capital Management, LP 0.26% of their portfolio | 93.9k $2.4m | Added +28.0k |
| Renaissance Capital LLC 1.31% of their portfolio | 89.8k $2.3m | Added +17.0k |
| Employees Retirement System of Texas 0.03% of their portfolio | 88.2k $2.3m | New |
| FORMULA GROWTH LTD 0.61% of their portfolio | 75.0k $1.9m | Reduced -125.0k |
| KCL Capital, L.P. 0.41% of their portfolio | 75.0k $1.9m | New |
| JANUS HENDERSON GROUP PLC 0.00% of their portfolio | 72.8k $1.9m | Added +16.7k |
| USS Investment Management Ltd 0.02% of their portfolio | 70.9k $1.8m | Unchanged |
| WADE G W & INC 0.06% of their portfolio | 64.8k $1.7m | Unchanged |
| VICTORY CAPITAL MANAGEMENT INC 0.00% of their portfolio | 63.7k $1.6m | Added +50.9k |
| PDT Partners, LLC 0.22% of their portfolio | 62.3k $1.6m | Added +26.6k |
| LANDSCAPE CAPITAL MANAGEMENT, L.L.C. 0.20% of their portfolio | 59.4k $1.5m | Added +22.4k |