AppLovin Corp., Class A (APP) — Hedge Fund Ownership Q1 2026
APP
- AppLovin Corp., Class A (APP) is held by 4 of 82 tracked hedge funds, with Dorsey Asset Management (10%) and Lone Pine Capital (5%) holding the largest stakes, indicating limited hedge fund interest relative to peers.
- New position in APP stock was initiated by Dorsey Asset Management (10%).
- The biggest increases in APP holdings came from Lone Pine Capital (+88%) and Davis Selected Advisers (+35%), highlighting conviction.
- The biggest decreases in APP holdings came from Tiger Global Management (-23%), suggesting profit-taking or de-risking.
- 1 hedge fund exited APP, led by Durable Capital Partners (1%).
- Overall, hedge funds increased exposure to AppLovin Corp., Class A (APP) by +13% vs the prior quarter and -31% vs prior year.
| # | Fund | % of Portfolio † | Shares † | Shares vs Prior Quarter † | Shares vs Prior Year † | Aggregate Value † | Reported Price * | Option |
|---|---|---|---|---|---|---|---|---|
| 1 |
Dorsey Asset Management Pat Dorsey
|
10.04% | 317K | NEW | — | $126.1M | $398.00 | — |
| 2 |
Lone Pine Capital Stephen Mandel
|
4.65% | 1.5M | +87.68% | -23.28% | $583.0M | $398.00 | — |
| 3 |
Tiger Global Management Chase Coleman
|
1.74% | 1.0M | -22.66% | -40.06% | $398.0M | $398.00 | — |
| 4 |
Davis Selected Advisers Christopher Davis
|
0.61% | 336K | +35.42% | +106.00% | $133.7M | $398.01 | — |
| — |
Durable Capital Partners Henry Ellenbogen
|
— | — | EXITED | — | — | — | — |
| 4 | Total | — | 3.1M | +12.71% | -31.29% | $1.24B | — | — |
* Reported price is not an actual purchase or sale price. It is the price as of the last portfolio date.
† Portfolio value, share counts, and period-over-period changes exclude options positions (PUT/CALL), which are shown in the Option column for reference only.
† Portfolio value, share counts, and period-over-period changes exclude options positions (PUT/CALL), which are shown in the Option column for reference only.