Applied Digital Corporation
Ownership
Ownership Structure
Who owns Applied Digital Corporation (APLD)? This page shows the largest institutions and funds, the ownership structure and the latest insider transactions. 88.2% of the shares are freely tradable; institutional investors hold 71.9%.
Largest Shareholders
Institutions
| Name | Stake (%) | Shares | Change (%) | Date |
|---|---|---|---|---|
| Hood River Capital Management LLC | 8.12 | 23,075,612 | +4.7 | 03/31/2026 |
| BlackRock Inc | 7.35 | 20,896,101 | +0.3 | 03/31/2026 |
| Situational Awareness LP | 5.41 | 15,384,616 | +14.1 | 06/30/2026 |
| Vanguard Portfolio Management, LLC | 5.21 | 14,807,795 | +0.0 | 03/31/2026 |
| Situational Awareness Partners LP | 4.74 | 13,478,438 | +0.0 | 03/31/2026 |
| Vanguard Capital Management, LLC | 3.79 | 10,775,681 | +0.0 | 03/31/2026 |
| Two Sigma Investments LLC | 3.62 | 10,299,117 | +546.7 | 06/30/2026 |
| EQUITEC PROPRIETARY MARKETS, LLC | 2.95 | 8,373,964 | +0.0 | 06/30/2026 |
Funds
| Name | Stake (%) | Shares | Change (%) | Date |
|---|---|---|---|---|
| Hood River Small-Cap Growth Instl | 3.84 | 10,910,739 | -11.0 | 06/30/2026 |
| Vanguard MStar Total Stk Mkt Idx Invest | 2.88 | 8,191,154 | +0.3 | 07/31/2026 |
Largest reported positions according to regulatory filings; stake as a percentage of shares outstanding, change versus the previous filing. Source: fundamentals data.
Insider holdings
| Person | Role | Shares | Value | As of | Type |
|---|---|---|---|---|---|
| Cummins Wes | CEO; Chairman | 5,770,798 | 152,349,067 $ | Jul 31, 2026 | both |
| Zhang Jason Gechen | President | 2,539,227 | 67,035,593 $ | Sep 12, 2026 | direct |
| Mohmand Mohammad Saidal LaVanway | Chief Financial Officer | 888,431 | 23,454,578 $ | Aug 4, 2026 | direct |
| Laltrello Laura | Chief Operating Officer | 813,156 | 21,467,318 $ | Jul 31, 2026 | direct |
| Nottenburg Richard N | Director | 133,378 | 3,521,179 $ | Aug 4, 2026 | direct |
Holdings as of each person's most recent SEC Form 4 filing — excluding options and RSUs, which are not shares yet. Holdings may have changed between two filings.
Insiders
Insider Transactions
| Date | Person | Role | Type | Shares | Price | Value |
|---|---|---|---|---|---|---|
| Sep 12, 2026 | Zhang Jason Gechen | President | Other | 49,188 | 26.42 | 1,299,547 |
| Aug 4, 2026 | Nottenburg Richard N | Director | Sell | 75,000 | 31.15 | 2,336,250 |
| Aug 4, 2026 | Mohmand Mohammad Saidal LaVanway | Chief Financial Officer | Other | 13,408 | – | – |
| Aug 4, 2026 | Cummins Wes | CEO; Chairman | Other | 714,685 | – | – |
| Jul 31, 2026 | Laltrello Laura | Chief Operating Officer | Other | 260,640 | 27.39 | 7,138,930 |
| Jul 31, 2026 | Laltrello Laura | Chief Operating Officer | Other | 600,000 | – | – |
| Jul 31, 2026 | Zhang Jason Gechen | President | Other | 236,100 | 27.39 | 6,466,779 |
| Jul 31, 2026 | Zhang Jason Gechen | President | Other | 600,000 | – | – |
| Jul 31, 2026 | Mohmand Mohammad Saidal LaVanway | Chief Financial Officer | Other | 96,408 | 27.39 | 2,640,615 |
| Jul 31, 2026 | Mohmand Mohammad Saidal LaVanway | Chief Financial Officer | Other | 245,000 | – | – |
| Jul 31, 2026 | Cummins Wes | CEO; Chairman | Other | 629,600 | 27.39 | 17,244,744 |
| Jul 31, 2026 | Cummins Wes | CEO; Chairman | Other | 1,600,000 | – | – |
Reportable transactions by officers and major shareholders from SEC Form 4 filings. "Other" includes things like stock grants and option exercises without a buy/sell character. View all insider transactions →
Data as of: September 17, 2026 · Source: fundamental data & SEC filings (annual and quarterly reports, 10-K/10-Q)
Note: pure fact-based analysis, not investment advice and not a solicitation to buy or sell. All figures without guarantee.