Applied Digital Corp.: which funds bought and sold
Institutions that bought and sold Applied Digital shares in Q2 2026, from the holdings they reported to the SEC on Form 13F for March 31, 2026 and June 30, 2026.
Between March 31, 2026 and June 30, 2026, 327 institutions that filed 13F reports for both quarters added to or opened positions in Applied Digital, and 225 cut or closed them. Together they added a net 14.3M shares, +7.3% on what they held at the start of the quarter. Active managers and hedge funds on our list were net buyers of 18.8M shares (+64.7%); index fund managers were net sellers of 11.8M shares (−18.3%). 167 opened a new position and 61 sold out entirely.
Bought, Q2 2026 327 institutions, 167 of them new holders Sold, Q2 2026 225 institutions, 61 of them sold out
Net change, all compared +14.3M shares (+7.3%)
Net change, active managers +18.8M shares (+64.7%), 42 bought, 20 sold
Buyers versus sellers
327 bought 62 225 sold
Active managers and hedge funds 42 bought · 20 sold · +18.8M
Index fund managers 2 bought · 9 sold · −11.8M
Other institutions 283 bought · 196 sold · +7.3M
Biggest buyers
| Institution | Change in shares | Shares June 30, 2026 | Value |
|---|---|---|---|
| Two Sigma Investments, LP Hedge fund | +8.7M +546.7% | 10.3M | $384M |
| Equitec Proprietary Markets, LLC | +8.4M New position | 8.4M | $312M |
| Oasis Management Co Ltd. | +4.0M +384.8% | 5.0M | $187M |
| Voloridge Investment Management, LLC Hedge fund | +2.9M +3512.5% | 3.0M | $113M |
| HRT Financial LP | +2.0M +5289.1% | 2.1M | $77.1M |
| Situational Awareness LP Hedge fund | +1.9M +14.1% | 15.4M | $469M |
| Squarepoint Ops LLC Hedge fund | +1.6M +781.7% | 1.8M | $67M |
| Ameriprise Financial Inc | +1.4M +234.7% | 2.1M | $76.8M |
| Citadel Advisors LLC Hedge fund | +1.1M +349.7% | 1.4M | $51.2M |
| Millennium Management LLC Hedge fund | +980K +1136.0% | 1.1M | $39.8M |
| Price T Rowe Associates Inc Active manager | +940K +110.3% | 1.8M | $66.9M |
| Bank Of Montreal | +919K +2505.5% | 955K | $35.6M |
| Tiger Global Management LLC Hedge fund | +885K New position | 885K | $33M |
| Balyasny Asset Management L.P. Hedge fund | +790K +144.7% | 1.3M | $49.9M |
| Point72 Asset Management, L.P. Hedge fund | +789K New position | 789K | $29.4M |
| Vanguard Capital Management LLC Index funds | +780K +7.2% | 11.6M | $431M |
| Steward Partners Investment Advisory, LLC | +712K +3415.4% | 733K | $27.3M |
| Qube Research & Technologies Ltd Hedge fund | +694K New position | 694K | $25.9M |
| Susquehanna International Group, LLP | +664K +385.3% | 837K | $31.2M |
| Mirae Asset Global Etfs Holdings Ltd. | +517K +17.2% | 3.5M | $131M |
| Institution | Change in shares | Shares June 30, 2026 | Value |
|---|---|---|---|
| Two Sigma Investments, LP Hedge fund | +8.7M +546.7% | 10.3M | $384M |
| Voloridge Investment Management, LLC Hedge fund | +2.9M +3512.5% | 3.0M | $113M |
| Situational Awareness LP Hedge fund | +1.9M +14.1% | 15.4M | $469M |
| Squarepoint Ops LLC Hedge fund | +1.6M +781.7% | 1.8M | $67M |
| Citadel Advisors LLC Hedge fund | +1.1M +349.7% | 1.4M | $51.2M |
| Millennium Management LLC Hedge fund | +980K +1136.0% | 1.1M | $39.8M |
| Price T Rowe Associates Inc Active manager | +940K +110.3% | 1.8M | $66.9M |
| Tiger Global Management LLC Hedge fund | +885K New position | 885K | $33M |
| Balyasny Asset Management L.P. Hedge fund | +790K +144.7% | 1.3M | $49.9M |
| Point72 Asset Management, L.P. Hedge fund | +789K New position | 789K | $29.4M |
Biggest sellers
| Institution | Change in shares | Shares June 30, 2026 | Value |
|---|---|---|---|
| Blackrock, Inc. Index funds | −7.5M −36.0% | 13.4M | $499M |
| Marex Group Ltd | −3.3M −96.5% | 119K | $4.4M |
| T. Rowe Price Investment Management, Inc. Active manager | −2.2M Sold out | 0 | — |
| UBS Group AG | −1.6M −35.9% | 2.9M | $108M |
| Jpmorgan Chase & Co | −1.6M −91.2% | 152K | $6.2M |
| Geode Capital Management, LLC Index funds | −1.5M −23.9% | 4.9M | $222M |
| HSBC Holdings PLC | −1.2M Sold out | 0 | — |
| Value Aligned Research Advisors, LLC | −1.1M −16.8% | 5.5M | $207M |
| State Street Corp Index funds | −1.1M −19.5% | 4.5M | $167M |
| Vanguard Portfolio Management LLC Index funds | −1.1M −7.3% | 13.7M | $512M |
| Goldman Sachs Group Inc | −1.0M −12.8% | 7.0M | $260M |
| Franklin Resources Inc Active manager | −960K −90.6% | 99K | $3.7M |
| Covalis Capital LLP | −738K Sold out | 0 | — |
| Northern Trust Corp Index funds | −738K −34.8% | 1.4M | $51.5M |
| Bank Of America Corp | −647K −19.8% | 2.6M | $97.6M |
| Hood River Capital Management LLC | −557K −2.4% | 22.5M | $840M |
| Federated Hermes, Inc. Active manager | −523K −90.0% | 58K | $2.2M |
| Charles Schwab Investment Management Inc Index funds | −479K −22.2% | 1.7M | $62.8M |
| Healthcare Of Ontario Pension Plan Trust Fund | −446K −69.0% | 200K | $7.5M |
| Next Century Growth Investors LLC | −432K Sold out | 0 | — |
| Institution | Change in shares | Shares June 30, 2026 | Value |
|---|---|---|---|
| T. Rowe Price Investment Management, Inc. Active manager | −2.2M Sold out | 0 | — |
| Franklin Resources Inc Active manager | −960K −90.6% | 99K | $3.7M |
| Federated Hermes, Inc. Active manager | −523K −90.0% | 58K | $2.2M |
| D. E. Shaw & Co., Inc. Hedge fund | −365K −10.7% | 3.0M | $113M |
| FMR LLC Active manager | −276K −63.0% | 162K | $6M |
| Kennedy Capital Management LLC Active manager | −241K Sold out | 0 | — |
| Wellington Management Group LLP Active manager | −215K −17.5% | 1.0M | $37.8M |
| Alliancebernstein L.P. Active manager | −149K −59.8% | 100K | $2.4M |
| Tudor Investment Corp Et Al Hedge fund | −109K Sold out | 0 | — |
| Exoduspoint Capital Management, LP Hedge fund | −103K Sold out | 0 | — |
New positions
| Institution | Shares | Value June 30, 2026 |
|---|---|---|
| Equitec Proprietary Markets, LLC | 8.4M | $312M |
| Tiger Global Management LLCHedge fund | 885K | $33M |
| Point72 Asset Management, L.P.Hedge fund | 789K | $29.4M |
| Qube Research & Technologies LtdHedge fund | 694K | $25.9M |
| Driehaus Capital Management LLCActive manager | 450K | $16.8M |
| Thames Capital Management LLC | 288K | $10.7M |
| Clarity Financial LLC | 282K | $10.5M |
| Shannon River Fund Management LLCHedge fund | 265K | $9.9M |
| Catalyst Funds Management Pty Ltd | 221K | $8.2M |
| LMR Partners LLPHedge fund | 218K | $8.1M |
Sold out
| Institution | Shares | Value March 31, 2026 |
|---|---|---|
| T. Rowe Price Investment Management, Inc.Active manager | 2.2M | $51.3M |
| HSBC Holdings PLC | 1.2M | $28.4M |
| Covalis Capital LLP | 738K | $17.5M |
| Next Century Growth Investors LLC | 432K | $10.3M |
| Kennedy Capital Management LLCActive manager | 241K | $5.7M |
| Findell Capital Management LLC | 170K | $4M |
| Covalis (Gibraltar) Ltd | 141K | $3.3M |
| Second Line Capital, LLC | 87K | $3M |
| Tudor Investment Corp Et AlHedge fund | 109K | $2.6M |
| Exoduspoint Capital Management, LPHedge fund | 103K | $2.4M |
Who holds the shares
- Institutions reporting
- 565
- Ten largest holders
- 52.8% of 13F-reported shares
- Index fund managers
- 24.7% of 13F-reported shares
- Active managers and hedge funds
- 22.3% of 13F-reported shares
| Type | Bought | Sold | New | Sold out | Net change in shares | Net % |
|---|---|---|---|---|---|---|
| Active managers and hedge funds | 42 | 20 | 23 | 6 | +18.8M | +64.7% |
| Index fund managers | 2 | 9 | 0 | 1 | −11.8M | −18.3% |
| Other institutions | 283 | 196 | 144 | 54 | +7.3M | +7.2% |