Digital Turbine Inc (APPS) Smart Money Holdings (13F, Q2 2026)

APPS ranks #2808 out of 37696 tracked stocks by institutional interest — one of the most closely watched names in our coverage.

APPS is a disclosed holding of David Shaw (D. E. Shaw & Co.), one of the tracked superinvestors on AlphaSMO — it makes up 0.0% of that fund's own 13F portfolio.

APPS is a top-conviction position for AIGH Capital Management LLC — at 5.3% of their entire disclosed 13F portfolio, it's one of their largest single bets, not just a passing allocation.

The largest dollar stake in APPS belongs to BlackRock, Inc., but the position matters far more to AIGH Capital Management LLC, who has 5.3% of their own portfolio riding on it — a reminder that the biggest holder by size and the holder with the biggest bet aren't always the same fund.

GAMMA Investing LLC has added to its APPS position for two straight quarters, increasing it by $10.9K to reach $12.5K today.

Essential Partners LLC has trimmed its APPS position for two straight quarters, cutting it by $15.4K while still holding $10.6K.

APPS is down 9.3% today, but institutions show net buying of $152.0M this quarter — a divergence between today's price move and the underlying institutional flow.

APPS reported a net loss of $35.0M over the trailing twelve months.

• Not yet profitable — net loss of $35.0M over the trailing twelve months
• Revenue grew 19.2% year over year
• Net income improved year over year, from -$81.0M to -$35.0M
• Generated $41.8M in positive operating cash flow
• Current ratio of 1.16x — below the conventional 1.5x liquidity buffer
• Liabilities run 3.38x equity — a highly leveraged balance sheet worth noting