AppLovin Corp., Class A (APP) — Hedge Fund Ownership Q4 2025
APP
- AppLovin Corp., Class A (APP) is held by 4 of 81 tracked hedge funds, with Lone Pine Capital (4%) and Tiger Global Management (3%) holding the largest stakes, indicating limited hedge fund interest relative to peers.
- The biggest increases in APP holdings came from Davis Selected Advisers (+11%), highlighting conviction.
- The biggest decreases in APP holdings came from Tiger Global Management (-35%) and Lone Pine Capital (-30%), suggesting profit-taking or de-risking.
- 1 hedge fund exited APP.
- Overall, hedge funds decreased exposure to AppLovin Corp., Class A (APP) by -33% vs the prior quarter and -37% vs prior year.
| # | Fund | % of Portfolio † | Shares † | Shares vs Prior Quarter † | Shares vs Prior Year † | Aggregate Value † | Reported Price * | Option |
|---|---|---|---|---|---|---|---|---|
| 1 |
Lone Pine Capital Stephen Mandel
|
3.86% | 781K | -29.63% | -28.07% | $525.9M | $673.82 | — |
| 2 |
Tiger Global Management Chase Coleman
|
2.93% | 1.3M | -35.45% | — | $871.2M | $673.82 | — |
| 3 |
Durable Capital Partners Henry Ellenbogen
|
1.04% | 163K | -13.01% | — | $110.1M | $673.82 | — |
| 4 |
Davis Selected Advisers Christopher Davis
|
0.75% | 248K | +10.92% | — | $167.1M | $673.84 | — |
| — |
Viking Global Investors Andreas Halvorsen
|
— | — | EXITED | — | — | — | — |
| 4 | Total | — | 2.5M | -32.59% | -36.75% | $1.67B | — | — |
* 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.