Applied Digital Corporation
Applied Digital Corporation (APLD) Stock Ownership
Institutional vs insider vs public ownership from 13F and float data — top holders, activity, and insider trades below.
SEC 13F · FMP · APLD · as of Mar 31, 2025
Ownership Breakdown
283
Institutional Holders
▲ 6 vs Q4
$814.93M
Total Inst. Value
▼ $296.95M vs Q4
285.77M
Shares Outstanding
freeFloat 88.84%
144.99M
13F Shares Held
▼ 518,183 vs Q4
Institutional ownership = 13F shares ÷ total outstanding. Insider % = 100 − free float. Public % = free float − institution %. Data: FMP /symbol-positions-summary + /shares-float + SEC EDGAR.
Top Institutional Holders
APLD largest shareholders · institutional ownership
Q1 2025 · SEC 13F
Showing top 10 holders
| Holder | Shares | % Owned | Weight | Value | Reported | Change |
|---|---|---|---|---|---|---|
HOOD RIVER CAPITAL MANAGEMENT LLC services-computer programming, data processing, etc. | 21.27M | 9.56% | 9.56% | $119.52B | May 15, 2025 | ▲ 6.12M |
BLACKROCK, INC. services-computer programming, data processing, etc. | 16.14M | 7.25% | 7.25% | $90.68B | May 2, 2025 | ▲ 716.9K |
VANGUARD GROUP INC services-computer programming, data processing, etc. | 13.49M | 6.06% | 6.06% | $75.82B | May 9, 2025 | ▲ 731.0K |
OASIS MANAGEMENT CO LTD. services-computer programming, data processing, etc. | 8.73M | 3.93% | 3.93% | $49.08B | May 15, 2025 | ▲ 2.17M |
NVIDIA CORP services-computer programming, data processing, etc. | 7.72M | 3.47% | 3.47% | $43.36B | May 15, 2025 | — held |
GEODE CAPITAL MANAGEMENT, LLC services-computer programming, data processing, etc. | 5.34M | 2.40% | 2.40% | $30.01B | May 13, 2025 | ▲ 612.9K |
CLEARFIELD CAPITAL MANAGEMENT LP services-computer programming, data processing, etc. | 4.18M | 1.88% | 1.88% | $23.47B | May 15, 2025 | ▼ 829.6K |
STATE STREET CORP services-computer programming, data processing, etc. | 4.16M | 1.87% | 1.87% | $23.38B | May 15, 2025 | ▲ 36.5K |
VAN ECK ASSOCIATES CORP services-computer programming, data processing, etc. | 4.12M | 1.85% | 1.85% | $23.17B | May 15, 2025 | ▼ 281.6K |
SITUATIONAL AWARENESS LP services-computer programming, data processing, etc. | 4.04M | 1.81% | 1.81% | $22.68B | May 14, 2025 | NEW |
Data from SEC Form 13F filings. Ownership bar normalised to largest holder. Change flags: isNew / isSoldOut / changeInSharesNumber (FMP extract-analytics/holder).
Institutional Activity
Q1 2025 vs prior quarter
Q1 2025
29
Increased
+21.21M shares4
New Positions
first time holders15
Decreased
−10.45M shares0
Sold Out
fully exitedNet shares change (top 50)
+10.75M
+21.21M / −10.45M
Net new holders
+18
4 new / 0 exited
Based on top 50 institutional holders by position size. Fields: isNew, isSoldOut, changeInSharesNumber (FMP extract-analytics/holder, limit=50).
Insider Buying vs Selling
APLD insider trading · insider activity
Source: SEC Form 4
Insiders have been primarily selling shares recently. Selling may be driven by pre-scheduled Rule 10b5-1 plans rather than negative sentiment.
4
Buy transactions
11
Sell transactions
0.36
Buy/Sell ratio
$0M
Total disposed
Recent Insider Transactions
Showing 10 most recent · Common Stock only
| Name · Role | Date | Type | Shares | Price | Value | After Trans. | Filing |
|---|---|---|---|---|---|---|---|
Nottenburg Richard N director | Apr 28, 2026 | Sale | 12,500 | $32.00 | $400.0K | 220.9K | Form 4 ↗ |
Nottenburg Richard N director | Apr 30, 2026 | Sale | 12,500 | $34.59 | $432.4K | 208.4K | Form 4 ↗ |
MILLER DOUGLAS S director | Apr 27, 2026 | Sale | 10,000 | $34.98 | $349.8K | 184.9K | Form 4 ↗ |
Cummins Wes CEO; Chairman | Apr 10, 2026 | Tax Withhold | 39,350 | $26.26 | $1.03M | 4.30M | Form 4 ↗ |
Mohmand Mohammad Saidal LaVanway Chief Financial Officer | Apr 4, 2026 | Tax Withhold | 32,136 | $24.56 | $789.3K | 429.2K | Form 4 ↗ |
Mohmand Mohammad Saidal LaVanway Chief Financial Officer | Apr 4, 2026 | Tax Withhold | 4,194 | $24.56 | $103.0K | 379.7K | Form 4 ↗ |
Cummins Wes CEO; Chairman | Apr 4, 2026 | Tax Withhold | 34,579 | $24.56 | $849.3K | 4.24M | Form 4 ↗ |
Zhang Jason Gechen President | Mar 12, 2026 | Tax Withhold | 93,037 | $27.48 | $2.56M | 1.82M | Form 4 ↗ |
Laltrello Laura Chief Operating Officer | Jan 6, 2026 | Tax Withhold | 82,764 | $30.27 | $2.51M | 517.2K | Form 4 ↗ |
Zhang Jason Gechen President | Feb 6, 2026 | Award | 500,000 | — | — | 1.91M | Form 4 ↗ |
Source: /insider-trading/search (FMP stable). Buy/Sell direction: acquisitionOrDisposition A=Buy, D=Sell. RSU vesting (M-Exempt) excluded from sentiment bar. All data from SEC EDGAR public filings.
About institutional & insider ownership
Applied Digital Corporation (APLD) is primarily owned by institutional investors, who hold approximately 50.7% of total shares outstanding. Company insiders own approximately 11.16%, while retail and public investors account for the remaining 38.10%.
The largest institutional shareholder of Applied Digital Corporation is HOOD RIVER CAPITAL MANAGEMENT LLC, holding approximately 21.27 million shares — equal to 9.56% of outstanding shares — as of March 31, 2025.
A total of 283 institutional investors currently hold APLD stock, with a combined institutional value of approximately $814,928,600 as of the most recent 13F filing period.
Frequently asked questions
APLD ownershipApplied Digital Corporation (APLD) is primarily owned by institutional investors, who hold approximately 50.7% of shares. The largest shareholder is HOOD RIVER CAPITAL MANAGEMENT LLC with a 9.56% stake. Company insiders hold 11.16%. Data sourced from SEC Form 13F as of March 31, 2025.