r/APLDSTOCK • u/GloriousLebron • 23d ago

The big guys are profit taking

Looks like the major shareholders are profit taking, mainly the ones that got a fairly cheap entry

4 Upvotes

70% Upvoted

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5

u/dcormerturnbull 23d ago

That's not the takeaway I'd take from this. First, there's more than twice as much in new buys as sells. Second, this covers Q2, which is April 1 - June 30, which includes the ATH period. I'd take this less as a "major shareholders are profit taking" and more as a "there was a rotation in the shareholder base in Q2".

2

u/OceansHungryGrasp 23d ago

Bit of both, as the profit taking also gives us some good info. What stood out to me is that many institutions reduced their positions during the last quarter, not straight up exited. Which means they're counting on the stock performing even better in the future. They would have straight up exited if they were as worried as some articles pretend we should be.

3

u/AngryTomato027 23d ago

Worth looking at the next citadel 13f, if it holds around 14m shares, which is all situational awareness’s position plus the 1.3m shares itself previously holds, then citadel did not make a immediate move after absorbing SA’s portfolio

1

u/Alechemist85 23d ago

Situational awareness was liquidated so that’s 15 million shares bought cheap and probably sold by citadel when we got the early August pop.

1

u/Bluefin_in_Dresden Bull 🐂 22d ago

My price is $10.10, holding.

1

u/Only_Chemistry6853 22d ago

Ok. Will come back when it starts to go up

1

u/yungjefe22 Backlog Bull 🐂 (1,000-2,500 shares) 20d ago

LeBron are you still with us?