Hood River Trims Applied Digital Equity Holding
Hood River Capital Management LLC trimmed its holding in Applied Digital Corporation (NASDAQ:APLD), reducing the position by 812,377 shares, according to a Nov. 14 SEC filing.
Hood River Capital Management LLC reported selling 812,377 shares of Applied Digital Corporation (NASDAQ:APLD) during the third quarter, as disclosed in its Nov. 14 SEC Form 13F filing. The post-trade stake stands at 21,046,654 shares, worth $482.8 million as of Sept .30. The position, with a 5.7% weighting, remains the fund’s largest disclosed holding.
Hood River sold a portion of its Applied Digital stake, now representing 5.7% of 13F assets under management after the trade.
Source Fool.com
