$APLD

$19.27 +$1.44 (8.08%) Live

$APLD Overview Financial Statements SEC Filings Executives News Red Flags Capital Raising Ownership Insider Transactions Congressional Trades

Ownership

13F as of Q2 2026 · 302.4M shares outstanding

Who owns APLD?

By type of holder

Institutions 70.6% Insiders 9.9% Everyone else 19.5%

Concentration Top 10 holders own 42.9%

Hood River Capital Management LLC 7.5% · Wesley Cummins 7.3%

Institutional ownership

70.6%

+0.8 pts vs last qtr

Institutional holders

564

+105 vs last qtr

Net shares bought

+2.3M

by institutions in Q2 2026

New / sold out

174 / 69

positions opened vs closed

How is ownership changing?

Institutions, last 8 quarters

Biggest buyers in Q2 2026

Two Sigma Investments, LP +8.7M
Equitec Proprietary Markets, LLC NEW +8.4M

Biggest sellers in Q2 2026

Situational Awareness Partners LP SOLD OUT −13.5M
BlackRock, Inc. −7.5M

Who is planning to sell?

Notices of proposed sale, last 12 months

$16.4M

12 notices from 5 people

Shares covered

487.7K

0.16% of the company

Arranged in advance

of the value is under a 10b5-1 plan

Under a 10b5-1 plan No plan

Largest proposed sellers

Wes Cummins Officer $6.01M
Richard N Nottenburg Director $5.41M

Every notice on Red Flags →

A Form 144 is notice of a planned sale, not the sale itself. What insiders actually sold is on Insider Transactions.

Is your stake being diluted?

Diluted share count, FY2022–FY2026

+381.8%

+48.15% a year

Each share's claim on the business

−79.2%

shrank without buying or selling a share

Spent on buybacks vs paid in stock

$31.3M vs $305M

over 5 fiscal years

Diluted shares, split-adjusted

Buybacks Stock-based comp

How patient are the owners?

Institutional shares by how long they've been held

5+ years0% 3–5 years49% 1–3 years21% Under 1 year30%

Quarterly turnover

25.0%

of institutional shares changed hands

Top 10 managers, median time held

2.8 years

Super Investors

Investment managers reporting APLD on Form 13F

Holder	Shares	% of company	Change vs last qtr	Held since	% of their book
HR Hood River Capital Management LLC	22.5M	7.45%	−556.7K (−2.4%)	2022	6.1%
Shares held by quarter Peak holding23.1M (Q1'26) Change over 8 quarters+8.8M Share of the company7.450% Hood River Capital Management LLC's full portfolio →
B BlackRock, Inc.	13.4M	4.42%	−7.5M (−36.0%)	2022	0.0%
Shares held by quarter Peak holding20.9M (Q1'26) Change over 8 quarters+4.3M Share of the company4.420% BlackRock, Inc.'s full portfolio →

Hood River Capital Management LLC

22.5M

% of company

7.45%

Change vs last qtr

−556.7K (−2.4%)

Held since

2022

BlackRock, Inc.

13.4M

% of company

4.42%

Change vs last qtr

−7.5M (−36.0%)

Held since

2022

28 more super investors behind a free account

See every manager holding Applied Digital Corporation, how their position has changed, and how long they've held it.

Institutional Funds

Mutual funds and ETFs reporting APLD on Form N-PORT; together they hold 26.8% of the company

Fund	Position value	Shares	% of company	% of the fund	As of
HR Hood River Small-Cap Growth Fund Manager Directed Portfolios	$407M	10.9M	3.61%	6.12%	June 30, 2026
VT Vanguard Total Stock Market Index Fund Vanguard Index Funds	$305M	8.2M	2.70%	0.01%	June 30, 2026

Hood River Small-Cap Growth Fund

Manager Directed Portfolios

Position value

$407M

% of company

3.61%

% of the fund

6.12%

As of

June 30, 2026

Vanguard Total Stock Market Index Fund

Vanguard Index Funds

Position value

$305M

% of company

2.70%

% of the fund

0.01%

As of

June 30, 2026

23 more funds behind a free account

See every fund holding Applied Digital Corporation and how much of the fund the position is.

Insiders and 5%+ holders

From Forms 3/4/5 and Schedules 13D/G

Holder	Shares	% of company	Change vs last qtr	8 quarters	Held since	% of their book
WC Wesley Cummins 5%+ holder 13D · 7.6%	22.0M	7.29%	—	—	—	—
This holder reports through Schedule 13D/G, not a quarterly 13F. Share of the company7.290% Disclosed stake13D · 7.6% View the 13D/G filing →
ZJ Zhang Jason Insider	2.8M	0.94%	—	—	—	—
Insider holdings come from Form 3/4/5 filings, which are not quarterly. Share of the company0.940% Zhang Jason's insider activity →

Wesley Cummins

5%+ holder13D · 7.6%

22.0M

% of company

7.29%

Change vs last qtr

—

Held since

—

Zhang Jason

Insider

2.8M

% of company

0.94%

Change vs last qtr

—

Held since

—

10 more holders behind a free account

See every insider and 5%+ holder of Applied Digital Corporation.

Comments