Who owns Applied Digital (APLD)?

116 holders named in SEC filings declare between 78.8% and 87.1% of Applied Digital's shares outstanding, as of Sep 12, 2026. The largest are Vanguard (9.3%), Wes Cummins (8.0%) and Hood River Capital Management LLC (7.7%); the five largest hold 37.9% together. Another 454 institutions hold small positions worth 3.7%. At least 9.2% of the shares appear in no ownership filing: investors who do not have to report, mostly individuals. From Mar 31, 2026 to Jun 30, 2026, institutions that filed both quarters bought 16.2% and sold 12.3% of the shares, a net purchase of 4.0%; 162 opened a position, 150 added, 164 reduced and 56 sold out. Biggest buyers: Two Sigma (+8.7M shares) and EQUITEC PROPRIETARY MARKETS, LLC (+8.4M shares). Biggest sellers: BlackRock (-7.5M) and Marex Group plc (-3.3M). Schedule 13D/G filings since Mar 31, 2026: Wesley Cummins raised its stake to 7.6% on Jul 7, 2026, BlackRock, Inc. fell below 5% (4.2% still declared) on Jun 30, 2026 and Vanguard Portfolio Management fell below 5% (4.7% still declared) on Jun 30, 2026. Directors and officers, from their latest Form 4: Wes Cummins (8.0%) and Jason Gechen Zhang (0.87%). Over time, 557 managers declared Applied Digital in their 13F for Q2 2026, against 42 for Q2 2022: together at most 75.0% of the shares outstanding, against 20.7%.

Applied Digital institutional ownership over time

From SEC Form 13F, every quarter since the end of 2019, read like the current quarter: entities of a house summed, a value contradicting its share count set aside. The share of the company is an upper bound — two managers can declare the same shares — over the shares outstanding at that date.

More on Applied Digital

• Applied Digital stock (APLD): price and overview
• Applied Digital dividend
• Applied Digital financials
• Applied Digital technicals and short interest

All tracked companies · Holders · Dividends