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APP AppLovin

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

Bought by 6 managers in 2026 Q2, sold by 7

  • 12 Owners
  • #70
  • Max 27.1%
  • Master 0.20%
  • $3.4B
  • 3 new 3 add 4 reduce 3 exits

In 2026 Q2, 3 managers opened positions, 3 added, 4 trimmed, and 3 sold out.

Who owns this now

Largest portfolio weights among holders, up to 27.1% (Ben Tsai, Spruce House Investment Management). Not free-float ownership.

  1. Ben Tsai 27.1%
  2. Pat Dorsey Add 14.5%
  3. Stephen Mandel Reduce 3.3%
  4. Ryan Packard Add 2.7%
  5. Terry Smith New 2.6%
  6. Alex Sacerdote Reduce 1.9%

Who owns APP

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

History
Ben Tsai, Spruce House Investment Management 27.1% Hold 1,790,000 $922M History
Philippe Laffont, Coatue Management 1.2%, was 1.8% Reduce −9.2% 1,171,189 $603M History
Stephen Mandel, Lone Pine Capital 3.3%, was 4.7% Reduce −28.9% 1,042,268 $537M History
Terry Smith, Fundsmith 2.6% New 2.6% 696,568 $359M History
Dan Sundheim, D1 Capital Partners 0.99% Hold 669,282 $345M History
Alex Sacerdote, Whale Rock Capital Management 1.9%, was 3.6% Reduce −33.6% 461,611 $238M History
Pat Dorsey, Dorsey Asset Management 14.5%, was 10.1% Add +38.6% 439,313 $226M History
Christopher Davis, Davis Selected Advisers 0.70% Reduce −6.0% 315,539 $163M History
Ryan Packard, Hiddenite Capital Partners 2.7% Add +50.0% 60,000 $31M History
Davidson Kempner Capital Management 0.12% New 0.12% 20,000 $10M History
Scott Miller, Greenhaven Road Investment Management 1.6% New 1.6% 4,810 $2.5M History
Ron Baron, Bamco Inc. (Baron Capital) <0.01% Add +54.2% 276 $142K History
Chase Coleman, Tiger Global Management exited 2026 Q2 Last 2026 Q1 1.7% Exit −1.74% 1,000,000 $398M History
Nehal Chopra, Ratan Capital Management exited 2026 Q2 Last 2026 Q1 2.7% Exit −2.68% 18,114 $7.2M History
Spencer Waxman, Shannon River Fund Management exited 2026 Q2 Last 2026 Q1 1.1% Exit −1.10% 14,480 $5.8M History

12 current, 3 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 APP's executives, directors and 10% owners in the last 12 months, from their Form 4s

All APP insider trades
  • None no insider bought on the open market
  • $274M sold by 6 insiders outside a trading plan
  • $301M sold by 4 insiders under 10b5-1 plans
  1. Maynard G Webb Jr. Director
    Planned sale
    $1.6M 3,076 shares at $521.29 2.5% of stake
    Traded Jul 6 Filed Jul 8
    ↗
  2. Eduardo Vivas Director
    Planned sale
    $82.6M 163,910 shares at $504.06 2.4% of stake
    Traded Jun 16 Filed Jun 18
    ↗
  3. Arash Adam Foroughi CEO
    Sale
    $11.2M 22,544 shares at $494.98 1% of stake
    Traded Jun 12 Filed Jun 12
    ↗
  4. Arash Adam Foroughi CEO
    Sale
    $25.3M 52,165 shares at $485.14 2.2% of stake
    Traded Jun 11–12 Filed Jun 12
    ↗
  5. Arash Adam Foroughi CEO
    Sale
    $14.6M 29,457 shares at $495.82
    Traded Jun 10–11 Filed Jun 12
    ↗
  6. Victoria Valenzuela CALO & Corp. Secretary
    Sale
    $11.3M 20,000 shares at $565.89 7.6% of stake
    Traded Jun 4 Filed Jun 8
    ↗
  7. Maynard G Webb Jr. Director
    Planned sale
    $1.8M 3,076 shares at $582.04 2.4% of stake
    Traded Jun 5 Filed Jun 5
    ↗
  8. Matthew Stumpf CFO
    Planned sale
    $5.4M 9,052 shares at $600.00 4.9% of stake
    Traded May 28 Filed May 29
    ↗
  9. Vasily Shikin Chief Technology Officer
    Planned sale
    $1.4M 2,889 shares at $488.90 14% of stake
    Traded May 22 Filed May 27
    ↗
  10. Vasily Shikin Chief Technology Officer
    Planned sale
    $7.7M 15,915 shares at $483.99 43% of stake
    Traded May 22 Filed May 27
    ↗
  11. Vasily Shikin Chief Technology Officer
    Planned sale
    $34.3M 70,916 shares at $484.33
    Traded May 22 Filed May 27
    ↗
  12. Eduardo Vivas Director
    Sale
    $9.6M 20,910 shares at $458.67 0.3% of stake
    Traded Mar 13 Filed Mar 20
    ↗
  13. Eduardo Vivas Director
    Planned sale
    $74.3M 163,910 shares at $453.49 2.3% of stake
    Traded Mar 16 Filed Mar 18
    ↗
  14. Dmitriy Dorosh Principal Accounting Officer
    Sale
    $1.4M 3,109 shares at $453.42 2.7% of stake
    Traded Mar 13 Filed Mar 13
    ↗
  15. Arash Adam Foroughi CEO
    Sale
    $18.7M 40,704 shares at $459.85 1.6% of stake
    Traded Mar 12 Filed Mar 13
    ↗

Also filed in the last 12 months, not counted as buying or selling: 19 share withholdings for taxes, 19 stock grants, 15 gifts, 2 conversions, and 1 option exercise.

Congress

6 members of Congress traded APP in the last three years: 16 buys and 12 sales. 7 members listed it in 2025 annual reports.

All Congress trades
  1. Gilbert Ray Cisneros, Jr. D-CA-31 Buy $1K–$15K Sep 18 filed Oct 12
  2. Gilbert Ray Cisneros, Jr. D-CA-31 Partial sale $1K–$15K Aug 18 filed Sep 10
  3. Gilbert Ray Cisneros, Jr. D-CA-31 Buy $1K–$15K Jul 17 filed Sep 4
  4. Alan Armstrong R-OK Buy $1K–$15K Mar 27 filed Jul 21
  5. Gilbert Ray Cisneros, Jr. D-CA-31 Buy $1K–$15K May 15 filed Jun 8
  6. Gilbert Ray Cisneros, Jr. D-CA-31 Partial sale $1K–$15K Apr 14 filed May 8

SEC filings

Recent issuer filings from EDGAR, 6 shown.

Filed Form Detail Links
10-Q Filing Doc
8-K 2.02,9.01 Filing Doc
8-K 5.07 Filing Doc
SCHEDULE 13G — Filing Doc
8-K 2.02,9.01 Filing Doc
10-Q Filing Doc

Source: SEC EDGAR submissions, updated 4 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
Revenue $3.28B $4.71B $5.48B
Gross profit * $2.22B $3.54B $4.82B
Gross margin * 67.7% 75.2% 87.9%
Net income $0.357B $1.58B $3.33B
Net margin * 10.9% 33.5% 60.8%

Balance sheet

Metric FY2023 FY2024 FY2025
Total current assets $1.62B $2.31B $4.43B
Total non-current assets * $3.74B $3.56B $2.83B
Total assets $5.36B $5.87B $7.26B
Total current liabilities $0.944B $1.06B $1.33B
Total non-current liabilities * $3.16B $3.72B $3.79B
Total equity $1.26B $1.09B $2.13B

Cash flow

Metric FY2023 FY2024 FY2025
Cash from operations $1.06B $2.1B $3.97B
Cash from investing -$77.83M -$106.75M $358.43M
Cash from financing -$1.56B -$1.75B -$2.59B
Net change in cash -$0.578B $0.239B $1.75B

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.