APPLOVIN CORP

Sapient Capital LLC, AppLovin's dominant holder at 44% of tracked institutional value, cut its stake by 12.2% this quarter — a real $80.2 million outflow, the single largest sell-side flow among the stock's 187 holders. It wasn't alone: Y-Intercept (Hong Kong) cut 58.0% ($13.0 million real outflow), PensionDanmark cut 28.9% ($7.8 million real outflow), and Augustine Asset Management cut 5.0% ($6.9 million real outflow). Against that selling, Signature Estate & Investment Advisors built a position from near-scratch — 2,012 shares to 76,361, a genuine $38.3 million purchase — while OFI Invest Asset Management added a real $4.3 million. Two new positions, United Asset Strategies ($7.7 million) and Insight Wealth Strategies ($6.9 million), joined the holder table.