Applied Digital Corp. - Common Stock, par value $0.001 per share (APLD) Institutional Ownership

13F Institutional Holders and Ownership History from Q2 2022 to Q4 2025

Type / Class
Equity / Common Stock, par value $0.001 per share
Symbol
APLD on Nasdaq
Shares outstanding
278,342,763
Price per share
$24.52
All holders as of 30 Sep 2025
Q3 2025
Total 13F shares
177,690,456
Total reported value
$4,075,432,269
% of total 13F portfolios
0.01%
Share change
+33,802,684
Value change
+$815,574,461
Number of holders
363
Price from insider filings
$24.52
Reported Shares, Excluding Options vs Price
Reported Value, Excluding Options
Total Investors

Significant Owners of Applied Digital Corp. - Common Stock, par value $0.001 per share (APLD) based on Schedule 13D/G filings

Filer Ownership Change % Holdings Value Net Change Nb Shares Change % Reporting Name Report Period
Cummins Wes 7.6% +2.9% $518,701,537 21,154,050 0% Wesley Cummins 06 Jan 2026
JANE STREET GROUP, LLC 6.1% +10% $391,520,627 +$67,596,426 17,067,159 +21% JANE STREET GROUP, LLC 30 Sep 2025
BlackRock, Inc. 7.3% $69,077,720 15,419,134 BlackRock, Inc. 31 Dec 2024
Hood River Capital Management LLC 7.2% $67,860,451 15,147,422 Hood River Capital Management LLC 31 Dec 2024
VANGUARD GROUP INC 6% $57,164,957 12,760,035 The Vanguard Group 31 Dec 2024
CLEARFIELD CAPITAL MANAGEMENT LP 2.4% $22,425,890 5,005,779 CLEARFIELD CAPITAL MANAGEMENT LP 31 Dec 2024

As of 30 Sep 2025, 363 institutional investors reported holding 177,690,456 shares of Applied Digital Corp. - Common Stock, par value $0.001 per share (APLD). This represents 64% of the company’s total 278,342,763 outstanding shares.

Top 25 Institutional Shareholders

The largest institutional shareholders of Applied Digital Corp. - Common Stock, par value $0.001 per share (APLD) together control 51% of the company’s outstanding shares — a level of ownership often associated with strong institutional conviction and long‑term capital commitment.

Institution Ownership % Shares Held Share Change % Portfolio % Holdings Value
Hood River Capital Management LLC 7.6% 21,046,654 -3.7% 5.7% $482,810,243
BlackRock, Inc. 6.6% 18,509,611 +26% 0.01% $424,610,476
VANGUARD GROUP INC 6.4% 17,722,174 +23% 0.01% $406,546,672
D. E. Shaw & Co., Inc. 3.9% 10,905,830 0.2% $250,179,740
NVIDIA CORP 2.8% 7,716,050 0% 4.6% $177,006,187
JANE STREET GROUP, LLC 2.6% 7,198,999 0.19% $165,145,037
Situational Awareness LP 2.2% 6,064,155 -8% 6.5% $139,111,716
GEODE CAPITAL MANAGEMENT, LLC 2.1% 5,981,592 +19% 0.01% $137,237,945
STATE STREET CORP 1.7% 4,848,822 +18% 0% $111,231,977
BNP PARIBAS FINANCIAL MARKETS 1.7% 4,685,538 0% 0.08% $107,486,242
PRICE T ROWE ASSOCIATES INC /MD/ 1.5% 4,103,972 +3111% 0.01% $94,146,000
CITADEL ADVISORS LLC 1.4% 3,971,115 +18% 0.07% $91,097,379
MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. 1.1% 3,199,135 +20% 0.12% $73,388,157
RENAISSANCE TECHNOLOGIES LLC 1.1% 3,178,300 +101% 0.1% $72,910,202
TWO SIGMA INVESTMENTS, LP 1.1% 3,031,154 0.11% $69,534,673
MORGAN STANLEY 0.93% 2,585,357 -34% 0% $59,308,098
UBS Group AG 0.76% 2,122,830 +680% 0.01% $48,697,720
CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.75% 2,100,308 +13% 0.01% $48,181,066
T. Rowe Price Investment Management, Inc. 0.74% 2,055,489 0.03% $47,153,000
NORTHERN TRUST CORP 0.71% 1,989,477 +20% 0.01% $45,638,602
WELLS FARGO & COMPANY/MN 0.65% 1,811,950 +919% 0.01% $41,566,134
MARSHALL WACE, LLP 0.6% 1,681,848 +157% 0.04% $38,581,593
PLUSTICK MANAGEMENT LLC 0.59% 1,640,000 -25% 16% $37,621,600
272 Capital LP 0.59% 1,631,453 0% 95% $37,425,531
HRT FINANCIAL LP 0.58% 1,623,112 +11% 0.14% $37,234,000

Institutional Holders of Applied Digital Corp. - Common Stock, par value $0.001 per share (APLD) across Reporting Periods

Period Reported Shares, Excl. Options Value, Excl. Options Value Change Price (Median) Investors
2025 Q4 2,213,155 $54,434,764 -$10,988,495 $24.52 56
2025 Q3 177,690,456 $4,075,432,269 +$815,574,461 $22.94 363
2025 Q2 143,572,234 $1,446,128,803 -$19,135,793 $10.07 277
2025 Q1 144,773,878 $813,699,395 -$26,983,275 $5.62 240
2024 Q4 145,480,701 $1,111,647,625 +$57,254,199 $7.64 238
2024 Q3 135,378,410 $1,115,675,034 +$412,983,660 $8.25 166
2024 Q2 84,368,973 $501,692,848 +$121,370,382 $5.95 133
2024 Q1 62,954,506 $269,428,647 -$45,233,134 $4.28 111
2023 Q4 66,828,019 $450,426,525 +$78,200,934 $6.74 133
2023 Q3 55,652,138 $347,265,148 +$32,236,410 $6.24 128
2023 Q2 48,621,182 $454,572,655 +$130,545,312 $9.35 125
2023 Q1 35,005,730 $78,411,183 +$11,656,985 $2.24 73
2022 Q4 31,547,491 $58,046,646 +$15,867,166 $1.84 64
2022 Q3 22,978,294 $39,060,000 +$5,022,925 $1.70 54
2022 Q2 20,585,285 $21,615,000 +$21,615,000 $1.05 43