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APLD Applied Digital Corporation

Information Technology, filed as APPLIED DIGITAL CORP (COM NEW), Equity As of 2026 Q2 among managers we track Quote on Google Finance, opens in a new tab

Bought by 5 managers in 2026 Q2, sold by 2

  • 6 Owners
  • #262
  • Max 2.3%
  • Master 0.04%
  • $723M
  • 4 new 1 add 1 reduce 1 exit

In 2026 Q2, 4 managers opened positions, 1 added, 1 trimmed, and 1 sold out.

Who owns this now

Largest portfolio weights among holders, up to 2.3% (Situational Awareness). Not free-float ownership.

  1. Situational Awareness Add 2.3%
  2. Spencer Waxman New 0.88%
  3. Ben Hoskin Reduce 0.52%
  4. Chase Coleman New 0.14%
  5. Polen Capital Management New 0.03%
  6. Dan Loeb New 0.02%

Who owns APLD

Sorted by value, long equity only, as of 2026 Q2.

History
Situational Awareness 2.3% Add +14.1% 15,384,616 $469M History
Ben Hoskin, Value Aligned Research Advisors 0.52%, was 0.77% Reduce −16.8% 5,546,030 $207M History
Chase Coleman, Tiger Global Management 0.14% New 0.14% 885,000 $33M History
Spencer Waxman, Shannon River Fund Management 0.88% New 0.88% 265,474 $9.9M History
Polen Capital Management 0.03% New 0.03% 98,328 $3.7M History
Dan Loeb, Third Point 0.02% New 0.02% 22,000 $821K History
Nehal Chopra, Ratan Capital Management exited 2026 Q2 Last 2026 Q1 0.44% Exit −0.44% 50,000 $1.2M History

6 current, 1 exited last period, options excluded

Weight bar: held both quarters added sold at this quarter’s reported price

Insider trades

Open-market buys and sales by APLD's executives, directors and 10% owners in the last 12 months, from their Form 4s

All APLD insider trades
  • $6.7M bought by 2 insiders
  • $24.8M sold by 7 insiders outside a trading plan
  • $199K sold by 1 insider under 10b5-1 plans
  1. Jason Gechen Zhang President
    Buy
    $5.7M 300,000 shares at $18.86 +12% to stake
    Traded Oct 16 Filed Oct 19
    ↗
  2. Wes Cummins CEO
    Buy
    $1M 55,803 shares at $18.04 +1% to stake
    Traded Oct 16 Filed Oct 19
    ↗
  3. Richard N Nottenburg Director
    Sale
    $683K 31,250 shares at $21.84 23% of stake
    Traded Oct 13 Filed Oct 15
    ↗
  4. Richard N Nottenburg Director
    Sale
    $2.3M 75,000 shares at $31.15 36% of stake
    Traded Aug 4 Filed Aug 6
    ↗
  5. Richard N Nottenburg Director
    Sale
    $832K 25,000 shares at $33.30 11% of stake
    Traded Apr 28–30 Filed Apr 30
    ↗
  6. Douglas S Miller Director
    Sale
    $350K 10,000 shares at $34.98 5.1% of stake
    Traded Apr 27 Filed Apr 28
    ↗
  7. Chuck Hastings Director
    Sale
    $1.8M 45,987 shares at $38.57 11% of stake
    Traded Jan 29 Filed Jan 30
    ↗
  8. Richard N Nottenburg Director
    Sale
    $835K 23,606 shares at $35.37 9.2% of stake
    Traded Jan 14–15 Filed Jan 16
    ↗
  9. Wes Cummins CEO
    Sale
    $6M 165,000 shares at $36.42 3.8% of stake
    Traded Jan 16 Filed Jan 16
    ↗
  10. Douglas S Miller Director
    Sale
    $385K 10,000 shares at $38.54 4.7% of stake
    Traded Jan 12 Filed Jan 14
    ↗
  11. Douglas S Miller Director
    Sale
    $216K 8,000 shares at $26.98 3.7% of stake
    Traded Nov 28, 2025 Filed Dec 2, 2025
    ↗
  12. Ella G. Benson Director
    Planned sale
    $199K 8,581 shares at $23.22 11% of stake
    Traded Nov 24, 2025 Filed Nov 25, 2025
    ↗
  13. Chuck Hastings Director
    Sale
    $2.6M 75,000 shares at $35.22 15% of stake
    Traded Oct 29–31 Filed Oct 31, 2025
    ↗
  14. Ella G. Benson Director
    Sale
    $1.5M 42,569 shares at $35.30 38% of stake
    Traded Oct 29, 2025 Filed Oct 31, 2025
    ↗
  15. Richard N Nottenburg Director
    Sale
    $511K 14,375 shares at $35.52 5.5% of stake
    Traded Oct 30–31 Filed Oct 31, 2025
    ↗

Also filed in the last 12 months, not counted as buying or selling: 19 share withholdings for taxes, 17 stock grants, 6 option exercises, 3 other transactions, and 1 gift.

SEC filings

Recent issuer filings from EDGAR, 22 shown.

Filed Form Detail Links
10-Q Filing Doc
8-K 2.02,9.01 Filing Doc
DEF 14A Filing Doc
DEFA14A Filing Doc
SCHEDULE 13G/A — Filing Doc
10-K Filing Doc
SCHEDULE 13G/A — Filing Doc
8-K 2.02,9.01 Filing Doc
SCHEDULE 13D/A — Filing Doc
SCHEDULE 13D/A — Filing Doc
8-K 1.01,2.03,3.02,9.01 Filing Doc
8-K/A 1.01 Filing Doc
8-K 1.01,2.03,9.01 Filing Doc
8-K 7.01,8.01,9.01 Filing Doc
8-K 8.01,9.01 Filing Doc
8-K 7.01,9.01 Filing Doc
SCHEDULE 13G/A — Filing Doc
SCHEDULE 13D — Filing Doc
8-K 1.01,2.01,7.01,9.01 Filing Doc
SCHEDULE 13G — Filing Doc
8-K 7.01,9.01 Filing Doc
8-K 5.02 Filing Doc

Source: SEC EDGAR submissions, updated 3 days ago. All on EDGAR

Financials

US-GAAP annual figures by fiscal year, as tagged in Form 10-K. Each value links to its SEC filing.

Income statement

Metric FY2023 FY2024 FY2025 FY2026
Revenue $55.39M $165.58M $144.19M —
Gross profit * $11M $17.24M $42.74M —
Gross margin * 19.9% 10.4% 29.6% —
Net income -$44.65M -$149.27M — —
Net margin * -80.6% -90.2% — —

Balance sheet

Metric FY2023 FY2024 FY2025 FY2026
Total current assets $0.046B $0.03B $0.431B $4.66B
Total non-current assets * $0.218B $0.733B $1.44B $5.27B
Total assets $0.264B $0.763B $1.87B $9.93B
Total current liabilities $0.115B $0.386B $0.558B $1.16B
Total non-current liabilities * $0.079B $0.252B $0.678B $5.02B
Total equity $0.06B $0.125B $0.498B $1.72B

Cash flow

Metric FY2023 FY2024 FY2025 FY2026
Cash from operations $58.74M $13.79M -$115.4M $89.68M
Cash from investing -$0.132B -$0.172B -$0.668B -$2.94B
Cash from financing $0.071B $0.147B $0.875B $6.88B
Net change in cash -$0.003B -$0.012B $0.092B $4.03B

Source: SEC companyfacts (US-GAAP 10-K). A * marks a computed figure, not a single XBRL tag. Fiscal years are as the issuer labels them. Follow The Filings does not adjust or audit these figures.

Ownership over time

13Fs that reported it each quarter. Click a bar for that quarter’s holders.