4 tracked superinvestors hold APPLOVIN CORP (APP), worth $2.1B combined, led by Stephen Mandel. Smart money is trimming APP as of the latest 13F filings.
Current price
$520.43
+46.4%
1Y
AppLovin Corporation engages in building a software-based platform for mobile app developers to enhance the marketing and monetization of their apps in the United States and internationally. The company's software solutions include AppDiscovery, a marketing software solution, which matches advertiser demand with publisher supply through auctions; Adjust, an analytics platform that helps marketers…
Market cap
$154.7B
P/E
45.73
Div yield
0.0%
Revenue YoY
70.0%
Analyst target
$659
Snapshot for context. For deep analysis use a stock screener — this page is about who owns it.
Superinvestors holding
4
tracked 13F / N-PORT funds
Combined value
$2.1B
disclosed long exposure
Tier-1 conviction
3
concentrated holders
Net this quarter
-1
1 buying · 2 selling
Smart money is net reducing APP: 2 funds trimmed versus 1 adding.
APPLOVIN CORP (APP) is a genuine cross-fund conviction name: 3 concentrated Tier-1 superinvestors hold it, alongside 1 other tracked funds, for $2.1B of combined disclosed exposure.
The largest position belongs to Stephen Mandel at 4.6% of their book — no single tracked manager treats it as an outsized, top-weighted bet.
No tracked fund opened a new position this quarter; 1 added and 2 trimmed, a net reduction.
| Investor | Move | % of their portfolio | Position value |
|---|---|---|---|
| Added | 4.6% | $583M | |
| Held | 0.8% | $566M | |
| Trimmed | 1.8% | $513M | |
| Trimmed | 1.7% | $398M |
Tier badge = signal quality: 1 concentrated conviction · 2 quant/multi (context) · 3 retail & diversified. Only Tier 1 holdings feed the consensus signal.
Disclosed put/call positions — directional bets, not share ownership. A put is typically bearish or a hedge.
Puts (bearish / hedge)
None disclosed.
Calls (bullish)
Which superinvestors own APP?
4 tracked funds hold APPLOVIN CORP (APP), the largest being Stephen Mandel (Lone Pine Capital) at 4.6% of its 13F portfolio. 3 of them are concentrated Tier-1 conviction managers.
Is smart money buying or selling APP?
In the most recent 13F quarter, 1 tracked fund added or opened APP and 2 trimmed it.
How much APP do tracked funds hold?
Combined disclosed long exposure to APP across tracked superinvestors is $2.1B as of the Mar 2026 filings.
Holdings aggregated from the latest SEC 13F & N-PORT filings via FMP · Mar 2026 quarter. Long equity positions only, reported with up to a 45-day delay — for activity between filings see real-time moves. Not financial advice.