Ranked by reported Q1 2026 13F market value
Share of total reported institutional value in APP held by the largest 10 / 25 filers.
| # | Institution | Shares Held | Market Value | QoQ Change | Ownership % | % of Fund |
|---|---|---|---|---|---|---|
| 1 | BlackRock, Inc. | 23.6M | $9.41B | -2.2% | 7.037% | 0.16% |
| 2 | VANGUARD CAPITAL MANAGEMENT LLC | 16.8M | $6.67B | β | 4.986% | 0.17% |
| 3 | FMR LLC | 15.7M | $6.25B | +19.9% | 4.671% | 0.34% |
| 4 | STATE STREET CORP | 11.8M | $4.68B | -1.2% | 3.503% | 0.16% |
| 5 | SUSQUEHANNA INTERNATIONAL GROUP, LLP | 7.5M | $2.97B | -14.2% | 2.224% | 0.33% |
| 6 | GEODE CAPITAL MANAGEMENT, LLC | 7.3M | $2.90B | +1.7% | 2.169% | 0.18% |
| 7 | BAILLIE GIFFORD & CO | 6.7M | $2.67B | +8.7% | 1.994% | 2.72% |
| 8 | VANGUARD PORTFOLIO MANAGEMENT LLC | 5.9M | $2.36B | β | 1.767% | 0.13% |
| 9 | MORGAN STANLEY | 5.6M | $2.23B | +0.8% | 1.668% | 0.13% |
| 10 | WCM INVESTMENT MANAGEMENT, LLC | 5.0M | $1.86B | +5.2% | 1.489% | 4.25% |
| 11 | Invesco Ltd. | 4.1M | $1.65B | -14.0% | 1.234% | 0.25% |
| 12 | GOLDMAN SACHS GROUP INC | 3.7M | $1.46B | +22.6% | 1.095% | 0.17% |
| 13 | KENSICO CAPITAL MANAGEMENT CORP | 3.3M | $1.31B | +5.3% | 0.978% | 26.69% |
| 14 | ALLIANCEBERNSTEIN L.P. | 1.9M | $1.27B | +10.5% | 0.560% | 0.41% |
| 15 | Capital World Investors | 3.2M | $1.27B | +14.4% | 0.946% | 0.17% |
| 16 | BANK OF AMERICA CORP /DE/ | 3.2M | $1.26B | -12.6% | 0.939% | 0.09% |
| 17 | Capital International Investors | 2.8M | $1.12B | +187.8% | 0.841% | 0.26% |
| 18 | Capital Research Global Investors | 2.6M | $1.05B | +118.2% | 0.785% | 0.16% |
| 19 | NORTHERN TRUST CORP | 2.4M | $958.1M | +0.3% | 0.717% | 0.13% |
| 20 | JENNISON ASSOCIATES LLC | 2.3M | $915.8M | -15.9% | 0.685% | 0.63% |
| 21 | CHARLES SCHWAB INVESTMENT MANAGEMENT INC | 2.0M | $783.5M | +3.3% | 0.586% | 0.12% |
| 22 | UBS Group AG | 1.9M | $755.8M | +0.5% | 0.565% | 0.11% |
| 23 | JANUS HENDERSON GROUP PLC | 1.8M | $718.3M | -44.0% | 0.540% | 0.36% |
| 24 | SPRUCE HOUSE INVESTMENT MANAGEMENT LLC | 1.8M | $712.4M | -0.5% | 0.533% | 25.44% |
| 25 | Jericho Capital Asset Management L.P. | 1.7M | $667.5M | -20.0% | 0.499% | 9.87% |
denotes a marquee investor (Buffett, Burry, ARK, Tiger Global, Pershing Square, Baupost and other widely-followed managers). β% of Fundβ shows how much of that investorβs total 13F portfolio is invested in APP β a direct measure of their conviction.
Filings activity in APP during Q1 2026, grouped by how each filer changed its position.
Institutions that opened a new APP position in Q1 2026
Institutions that fully closed their APP position in Q1 2026
8 quarters of 13F filings Β· Ξ columns show change vs prior quarter
| Quarter | Inst. Holders | Ξ Holders | Ownership % | Ξ Ownership | Total 13F Value | Ξ Value |
|---|---|---|---|---|---|---|
| Q1 2026 | 1,350 | 13% | 50.37% | 44.05 pp | $84.06B | 47% |
| Q4 2025 | 1,543 | +11% | 94.42% | 14.90 pp | $157.58B | 14% |
| Q3 2025 | 1,391 | +21% | 109.32% | +66.55 pp | $182.44B | +156% |
| Q2 2025 | 1,153 | +18% | 42.77% | +11.30 pp | $71.38B | +36% |
| Q1 2025 | 973 | +3.8% | 31.47% | 7.03 pp | $52.53B | 18% |
| Q4 2024 | 937 | +39% | 38.50% | +24.51 pp | $64.25B | +175% |
| Q3 2024 | 672 | +16% | 13.99% | +5.58 pp | $23.35B | +66% |
| Q2 2024 | 580 | β | 8.41% | β | $14.04B | β |
Source: SEC 13F institutional filings. Ownership % requires market cap data and will show once linked. Ξ columns compare to the immediately prior filed quarter.
Quick answers to the most common questions about buying APP stock.
Based on Q1 2026 13F filings, institutional ownership of AppLovin Corporation stands at 50.4%, held across 1,350 reporting institutions.
BlackRock, Inc. is the largest reported institutional holder of APP, with approximately 23,640,172 shares worth $9.41B as of Q1 2026.
Yes β 1 widely-followed marquee investor appear among the top 25 institutional holders of APP, including SUSQUEHANNA INTERNATIONAL GROUP, LLP.
Our composite Smart Money Score for APP is 22 out of 100 (Bearish). It combines net institutional buying activity, ownership shift, marquee investor presence, and holder-count growth.
182 institutions opened new positions in APP during Q1 2026, while 375 fully exited. 144 added to existing positions and 1,019 trimmed.
APP institutional ownership fell by 44.05 percentage points quarter-over-quarter, with a net change of -193 holders.
The top 10 institutions account for 50.0% of all reported 13F value in APP, and the top 25 account for 68.9%.
All data is sourced from SEC Form 13F filings, which institutional investment managers with at least $100M in assets are required to file each quarter. We process every 13F filing from EDGAR and recompute the aggregates after each cycle. Insider transactions are sourced from Form 4 filings.
AppLovin Corporation (APP) Institutional Ownership