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 ($420.2m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $399.20. Options: 53 managers hold calls ($5.6bn notional), 50 hold puts ($5.0bn).
Trends to Q1 2026
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 227 |
| Q4 2022 | 231 |
| Q1 2023 | 221 |
| Q2 2023 | 246 |
| Q3 2023 | 321 |
| Q4 2023 | 369 |
| Q1 2024 | 513 |
| Q2 2024 | 608 |
| Q3 2024 | 705 |
| Q4 2024 | 993 |
| Q1 2025 | 1,021 |
| Q2 2025 | 1,202 |
| Q3 2025 | 1,452 |
| Q4 2025 | 1,593 |
| Q1 2026 | 1,395 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q2 2024 | 400 | 207 |
| Q3 2024 | 450 | 271 |
| Q4 2024 | 538 | 410 |
| Q1 2025 | 589 | 512 |
| Q2 2025 | 707 | 507 |
| Q3 2025 | 909 | 557 |
| Q4 2025 | 836 | 668 |
| Q1 2026 | 660 | 913 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q2 2025 | $6.2bn | $4.4bn | 0.71 |
| Q3 2025 | $17.0bn | $12.2bn | 0.72 |
| Q4 2025 | $9.5bn | $7.2bn | 0.76 |
| Q1 2026 | $5.6bn | $5.0bn | 0.89 |
Biggest buyers
| FMR LLC | Added | +2.6m |
| Capital International Investors | Added | +1.8m |
| Capital Research Global Investors | Added | +1.4m |
| LONE PINE CAPITAL LLC | Added | +684.4k |
| BAILLIE GIFFORD & CO | Added | +533.8k |
| Winslow Capital Management, LLC | New | +431.9k |
| Capital World Investors | Added | +401.0k |
| Dorsey Asset Management, LLC | New | +317.0k |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP | Added | +285.4k |
| WCM INVESTMENT MANAGEMENT, LLC | Added | +245.3k |
Biggest sellers
| IEQ CAPITAL, LLC | Reduced | -15.5m |
| Corient Private Wealth LP | Reduced | -4.2m |
| JPMORGAN CHASE & CO | Reduced | -2.9m |
| JANUS HENDERSON GROUP PLC | Reduced | -1.4m |
| Invesco Ltd. | Reduced | -1.1m |
| COATUE MANAGEMENT LLC | Reduced | -895.7k |
| PRICE T ROWE ASSOCIATES INC /MD/ | Reduced | -655.0k |
| FRANKLIN RESOURCES INC | Reduced | -598.9k |
| AXIOM INVESTORS LLC /DE | Sold out | -581.2k |
| BlackRock, Inc. | Reduced | -531.5k |
Biggest calls
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $1.6bn4.0m shares |
| CITADEL ADVISORS LLC | Added | $1.3bn3.3m shares |
| JANE STREET GROUP, LLC | Added | $1.2bn2.9m shares |
| IMC-Chicago, LLC | Added | $580.2m1.5m shares |
| GOLDMAN SACHS GROUP INC | Added | $136.9m344.0k shares |
| Point72 Asset Management, L.P. | Added | $108.7m273.2k shares |
| SIMPLEX TRADING, LLC | Reduced | $107.3m269.5k shares |
| MILLENNIUM MANAGEMENT LLC | Added | $93.7m235.5k shares |
| GROUP ONE TRADING LLC | Reduced | $88.4m222.2k shares |
| Walleye Trading LLC | Reduced | $57.5m144.5k shares |
Biggest puts
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $1.3bn3.2m shares |
| JANE STREET GROUP, LLC | Added | $1.2bn2.9m shares |
| CITADEL ADVISORS LLC | Added | $650.1m1.6m shares |
| IMC-Chicago, LLC | New | $431.9m1.1m shares |
| GOLDMAN SACHS GROUP INC | Added | $251.7m632.3k shares |
| WELLS FARGO & COMPANY/MN | Reduced | $137.4m345.2k shares |
| GROUP ONE TRADING LLC | New | $136.6m343.1k shares |
| LMR Partners LLP | New | $122.6m308.1k shares |
| SIMPLEX TRADING, LLC | New | $122.5m307.7k shares |
| D. E. Shaw & Co., Inc. | Added | $79.5m199.8k 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 Q1 2026
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 |
|---|---|---|---|---|---|
| Q2 2024 | 0 | — | 7 | $80.1m | $78.8m |
| Q3 2024 | 0 | — | 8 | $128.2m | $30.3m |
| Q4 2024 | 0 | — | 10 | $644.5m | $74.7m |
| Q1 2025 | 0 | — | 3 | $117.5m | $2.2m |
| Q2 2025 | 0 | — | 8 | $444.0m | $22.2m |
| Q3 2025 | 0 | — | 7 | $504.8m | $59.6m |
| Q4 2025 | 0 | — | 7 | $186.6m | $32.5m |
| Q1 2026 | 0 | — | 4 | $170.2m | $113.0m |
| Date | Insider | Trade | Value |
|---|---|---|---|
| 2026-03-16 | Vivas Eduardo Director | Sold plan | $74.3m163.9k shares |
| 2026-03-13 | Vivas Eduardo Director | Sold | $9.6m20.9k shares |
| 2026-03-13 | Dorosh Dmitriy Principal Accounting Officer | Sold | $1.4m3.1k shares |
| 2026-03-12 | Foroughi Arash Adam CEO & Chairperson, director | Sold | $18.7m40.7k shares |
| 2026-03-12 | Foroughi Arash Adam CEO & Chairperson, director | Sold | $4.2m9.3k shares |
| 2026-03-11 | Foroughi Arash Adam CEO & Chairperson, director | Sold | $23.3m50.0k shares |
| 2026-03-10 | Shikin Vasily Chief Technology Officer | Sold plan | $17.5m36.6k shares |
| 2026-03-10 | Shikin Vasily Chief Technology Officer | Sold plan | $13.1m26.2k shares |
| 2026-03-10 | Shikin Vasily Chief Technology Officer · See footnote | Sold plan | $4.5m9.3k shares |
| 2026-03-10 | Shikin Vasily Chief Technology Officer · See footnote | Sold plan | $3.2m6.5k shares |
| 2026-03-10 | Shikin Vasily Chief Technology Officer · See footnote | Sold plan | $2.8m5.7k shares |
| 2026-03-10 | Shikin Vasily Chief Technology Officer | Sold plan | $2.5m5.2k shares |
| 2026-03-10 | Shikin Vasily Chief Technology Officer · See footnote | Sold plan | $104.8k204 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, Q1 2026
| Manager | Shares | Change |
|---|---|---|
| BlackRock, Inc. 0.17% of their portfolio | 23.6m $9.4bn | Reduced -531.5k |
| VANGUARD CAPITAL MANAGEMENT LLC 0.16% of their portfolio | 16.8m $6.7bn | First filing |
| FMR LLC 0.33% of their portfolio | 15.7m $6.2bn | Added +2.6m |
| STATE STREET CORP 0.16% of their portfolio | 11.8m $4.7bn | Reduced -137.5k |
| Invesco Ltd. 0.41% of their portfolio | 10.6m $4.2bn | Reduced -1.1m |
| GEODE CAPITAL MANAGEMENT, LLC 0.18% of their portfolio | 7.3m $2.9bn | Added +121.4k |
| BAILLIE GIFFORD & CO 2.72% of their portfolio | 6.7m $2.7bn | Added +533.8k |
| VANGUARD PORTFOLIO MANAGEMENT LLC 0.12% of their portfolio | 5.9m $2.4bn | First filing |
| MORGAN STANLEY 0.13% of their portfolio | 5.6m $2.2bn | Added +43.2k |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.25% of their portfolio | 5.4m $2.2bn | Reduced -655.0k |
| WCM INVESTMENT MANAGEMENT, LLC 4.25% of their portfolio | 5.0m $1.9bn | Added +245.3k |
| JPMORGAN CHASE & CO 0.10% of their portfolio | 4.1m $1.5bn | Reduced -2.9m |
| KENSICO CAPITAL MANAGEMENT CORP 26.69% of their portfolio | 3.3m $1.3bn | Added +165.8k |
| Capital World Investors 0.17% of their portfolio | 3.2m $1.3bn | Added +401.0k |
| BANK OF AMERICA CORP /DE/ 0.09% of their portfolio | 3.2m $1.3bn | Reduced -455.2k |
| Capital International Investors 0.26% of their portfolio | 2.8m $1.1bn | Added +1.8m |
| GOLDMAN SACHS GROUP INC 0.14% of their portfolio | 2.7m $1.1bn | Added +226.5k |
| Capital Research Global Investors 0.16% of their portfolio | 2.6m $1.1bn | Added +1.4m |
| NORTHERN TRUST CORP 0.13% of their portfolio | 2.4m $958.1m | Added +7.7k |
| JENNISON ASSOCIATES LLC 0.63% of their portfolio | 2.3m $915.8m | Reduced -436.1k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.12% of their portfolio | 2.0m $783.5m | Added +62.7k |
| ALLIANCEBERNSTEIN L.P. 0.41% of their portfolio | 1.9m $1.3bn | Added +178.7k |
| UBS Group AG 0.13% of their portfolio | 1.8m $725.2m | Reduced -3.8k |
| JANUS HENDERSON GROUP PLC 0.34% of their portfolio | 1.8m $718.3m | Reduced -1.4m |
| SPRUCE HOUSE INVESTMENT MANAGEMENT LLC 25.44% of their portfolio | 1.8m $712.4m | Reduced -9.7k |
| Jericho Capital Asset Management L.P. 9.87% of their portfolio | 1.7m $667.5m | Reduced -418.1k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.13% of their portfolio | 1.6m $642.3m | Added +25.4k |
| VANGUARD FIDUCIARY TRUST CO 0.15% of their portfolio | 1.5m $610.9m | First filing |
| Legal & General Group Plc 0.14% of their portfolio | 1.5m $588.5m | Reduced -27.9k |
| LONE PINE CAPITAL LLC 4.65% of their portfolio | 1.5m $583.0m | Added +684.4k |
| Bank of New York Mellon Corp 0.10% of their portfolio | 1.4m $540.7m | Reduced -49.7k |
| DIMENSIONAL FUND ADVISORS LP 0.11% of their portfolio | 1.3m $526.6m | Reduced -161.8k |
| COATUE MANAGEMENT LLC 1.77% of their portfolio | 1.3m $513.4m | Reduced -895.7k |
| SAPIENT CAPITAL LLC 7.64% of their portfolio | 1.3m $506.0m | Added +109 |
| ROYAL BANK OF CANADA 0.09% of their portfolio | 1.2m $492.0m | Added +92.7k |
| FRANKLIN RESOURCES INC 0.12% of their portfolio | 1.2m $491.7m | Reduced -598.9k |
| FRED ALGER MANAGEMENT, LLC 2.05% of their portfolio | 1.2m $466.9m | Reduced -499.4k |
| Amundi 0.12% of their portfolio | 1.1m $443.9m | Reduced -311.5k |
| WELLINGTON MANAGEMENT GROUP LLP 0.08% of their portfolio | 1.1m $435.0m | Added +210.8k |
| TIGER GLOBAL MANAGEMENT LLC 1.74% of their portfolio | 1.0m $398.0m | Reduced -293.0k |
| AMERICAN CENTURY COMPANIES INC 0.20% of their portfolio | 991.3k $394.5m | Reduced -9.0k |
| MASSACHUSETTS FINANCIAL SERVICES CO /MA/ 0.13% of their portfolio | 987.1k $399.3m | Reduced -23.9k |
| SANDS CAPITAL MANAGEMENT, LLC 1.52% of their portfolio | 971.6k $386.7m | Reduced -491.8k |
| WELLS FARGO & COMPANY/MN 0.07% of their portfolio | 928.6k $369.6m | Reduced -43.7k |
| BARCLAYS PLC 0.13% of their portfolio | 890.8k $354.5m | Reduced -227.7k |
| Clearbridge Investments, LLC 0.25% of their portfolio | 708.7k $282.1m | Reduced -32.9k |
| Whale Rock Capital Management LLC 3.58% of their portfolio | 695.5k $276.8m | Reduced -112.8k |
| DEUTSCHE BANK AG\ 0.09% of their portfolio | 692.7k $275.7m | Reduced -170.4k |
| Swiss National Bank 0.16% of their portfolio | 677.0k $269.5m | Added +44.7k |
| Nuveen, LLC 0.07% of their portfolio | 670.9k $267.0m | Reduced -38.5k |
| D1 Capital Partners L.P. 2.37% of their portfolio | 669.3k $266.4m | Unchanged |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP 0.14% of their portfolio | 632.8k $251.9m | Added +285.4k |
| Mitsubishi UFJ Asset Management Co., Ltd. 0.16% of their portfolio | 606.7k $241.5m | Added +38.3k |
| Vanguard Global Advisers, LLC 0.13% of their portfolio | 590.1k $234.8m | First filing |
| National Pension Service 0.17% of their portfolio | 558.3k $222.2m | Reduced -145.0k |
| Sumitomo Mitsui Trust Group, Inc. 0.14% of their portfolio | 550.3k $219.0m | Reduced -26.4k |
| FIRST TRUST ADVISORS LP 0.16% of their portfolio | 546.1k $217.4m | Added +1.5k |
| BNP PARIBAS FINANCIAL MARKETS 0.13% of their portfolio | 496.7k $197.7m | Reduced -121.0k |
| ENVESTNET ASSET MANAGEMENT INC 0.05% of their portfolio | 489.9k $195.0m | Added +54.5k |
| California Public Employees Retirement System 0.12% of their portfolio | 488.6k $194.5m | Added +24.0k |
| SEI INVESTMENTS CO 0.17% of their portfolio | 471.8k $187.8m | Added +65.9k |
| MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. 0.25% of their portfolio | 454.7k $180.8m | Added +25.8k |
| TD Asset Management Inc 0.14% of their portfolio | 447.8k $178.2m | Added +87.9k |
| RHUMBLINE ADVISERS 0.15% of their portfolio | 444.5k $176.9m | Reduced -2.1k |
| ProShare Advisors LLC 0.26% of their portfolio | 442.4k $176.1m | Reduced -99.2k |
| RENAISSANCE TECHNOLOGIES LLC 0.27% of their portfolio | 436.5k $173.7m | Added +117.7k |
| Winslow Capital Management, LLC 0.67% of their portfolio | 431.9k $171.9m | New |
| CITIGROUP INC 0.11% of their portfolio | 416.5k $165.8m | Reduced -129.2k |
| VANGUARD ASSET MANAGEMENT, Ltd 0.14% of their portfolio | 409.6k $163.0m | First filing |
| CANADA PENSION PLAN INVESTMENT BOARD 0.10% of their portfolio | 408.3k $162.5m | Added +53.3k |
| HSBC HOLDINGS PLC 0.10% of their portfolio | 402.5k $160.1m | Reduced -431.3k |
| Ensign Peak Advisors, Inc 0.29% of their portfolio | 390.6k $155.5m | Reduced -95.6k |
| VOYA INVESTMENT MANAGEMENT LLC 0.16% of their portfolio | 386.0k $153.6m | Reduced -87.9k |
| VICTORY CAPITAL MANAGEMENT INC 0.09% of their portfolio | 349.3k $139.0m | Reduced -44.3k |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.15% of their portfolio | 349.2k $139.0m | Reduced -9.5k |
| BANK OF MONTREAL /CAN/ 0.06% of their portfolio | 343.6k $136.7m | Reduced -32.5k |
| Davis Selected Advisers 0.61% of their portfolio | 335.8k $133.7m | Added +87.8k |
| PRINCIPAL FINANCIAL GROUP INC 0.07% of their portfolio | 335.8k $133.6m | Reduced -1.9k |
| FIL Ltd 0.10% of their portfolio | 323.0k $128.6m | Added +37.5k |
| Dorsey Asset Management, LLC 10.04% of their portfolio | 317.0k $126.1m | New |
| D. E. Shaw & Co., Inc. 0.10% of their portfolio | 303.5k $120.8m | Reduced -159.7k |
| Mitsubishi UFJ Trust & Banking Corp 0.29% of their portfolio | 297.4k $118.4m | Added +4.8k |
| BNP PARIBAS ASSET MANAGEMENT Holding S.A. 0.13% of their portfolio | 285.5k $113.9m | Added +5.4k |
| Clear Street Group Inc. 0.62% of their portfolio | 277.9k $110.6m | Added +232.9k |
| Universal- Beteiligungs- und Servicegesellschaft mbH 0.19% of their portfolio | 276.1k $109.9m | Reduced -18.5k |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.14% of their portfolio | 270.5k $107.7m | Reduced -113.5k |
| Russell Investments Group, Ltd. 0.11% of their portfolio | 269.5k $106.7m | Added +29.9k |
| AUGUSTINE ASSET MANAGEMENT INC 23.93% of their portfolio | 267.1k $106.3m | Added +3.7k |
| NEUBERGER BERMAN GROUP LLC 0.08% of their portfolio | 266.4k $106.1m | Added +18.3k |
| LPL Financial LLC 0.03% of their portfolio | 255.6k $101.7m | Reduced -48.1k |
| KBC Group NV 0.26% of their portfolio | 255.4k $101.7m | Added +5.2k |
| NEW YORK STATE COMMON RETIREMENT FUND 0.14% of their portfolio | 253.5k $100.9m | Reduced -175 |
| Quantinno Capital Management LP 0.17% of their portfolio | 251.9k $100.3m | Added +29.7k |
| STRS OHIO 0.39% of their portfolio | 248.6k $98.9m | Reduced -3.1k |
| ADAGE CAPITAL PARTNERS GP, L.L.C. 0.15% of their portfolio | 242.8k $96.6m | Reduced -1.6k |
| Robertson Stephens Wealth Management, LLC 2.71% of their portfolio | 242.7k $96.6m | Reduced -148.3k |
| NOMURA ASSET MANAGEMENT CO LTD 0.25% of their portfolio | 242.6k $96.6m | Added +103.0k |
| RAYMOND JAMES FINANCIAL INC 0.03% of their portfolio | 237.8k $94.5m | Reduced -19.4k |
| ROYAL LONDON ASSET MANAGEMENT LTD 0.20% of their portfolio | 235.1k $93.6m | Added +114.7k |
| AMERIPRISE FINANCIAL INC 0.02% of their portfolio | 232.5k $92.5m | Reduced -42.4k |