Moore Capital Management Trims AppLovin Stake

Hedge fund reduces position in mobile tech company by over 50%

Mar. 17, 2026 at 1:24pm

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Moore Capital Management LP cut its holdings in AppLovin Corporation (NASDAQ:APP) by 56.6% in the 3rd quarter, according to the company's recent SEC filing. The institutional investor owned 52,681 shares of the company's stock worth $37.85 million as of its most recent filing.

Why it matters

AppLovin is a major player in the mobile advertising and marketing platform space, and changes to its institutional investor base can signal shifts in market sentiment around the company's prospects.

The details

Moore Capital Management, a prominent hedge fund, reduced its position in AppLovin by selling 68,745 shares in the 3rd quarter. The fund now holds 52,681 shares worth $37.85 million, down from a previous stake valued at $87.55 million.

  • Moore Capital Management filed its 3rd quarter holdings with the SEC on March 17, 2026.

The players

Moore Capital Management LP

A global hedge fund with over $30 billion in assets under management.

AppLovin Corporation

A mobile technology company that provides software and services to help app developers grow and monetize their businesses.

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The takeaway

The significant reduction in Moore Capital's AppLovin position suggests the hedge fund may have concerns about the company's future performance or valuation. However, AppLovin remains a major player in the mobile advertising space with a diverse institutional investor base.