Applovin, the last hotel in Hedge Fund, Viking account, D1 as a investors

• The hedge funds stacked in Applovin, which helps applications to monetize their offers.
• Regulatory deposits show that Viking, D1 and Coatue have started or increased in the fourth quarter.
• The stock has skyrocketed thanks to the IA advances, returning more than 1,200% since the beginning of 2024.

The major managers spent the end of 2024 to check in the last hotel of Hedge Fund.

Applovin, the mobile advertising platform applications used to monetize their offers, has climbed thanks to advanced artificial intelligence that increased its advertising revenues by more than 70% from one year to the next. The stock has increased by more than 1,200% since the beginning of 2024 and has not slowed down in 2025, despite certain AI actions in difficulty after the release of the Chinese startup models Deepseek.

The actions of the company increased by almost 50% this year, trading at more than $ 500 per action in press times.

It is music to the ears of fund investors like Viking Global, D1 Capital, Castle Hook and others, which, according to regulatory documents, invested in action for the first time in the fourth quarter of 2024.

A main broker who works with many of these managers told Business Insider that Applovin is the New Hedge Fund Hotel, a term which refers to actions with a disproportionate quantity of possession of hedge funds compared to the global market. Applovin is currently the largest participation in the FNB in ​​the Goldman Sachs Hell Funds industry, which follows the best choices of hedge funds.

Hotels of hedge funds have been criticized as proof of group thought within the industry, but intelligent money that tries a name can also be the sign of an obvious winner. Nvidia, for example, was considered a Hedge Fund hotel by the Financial Times In July 2023. The flea manufacturer’s stock increased by more than 200% since then.

COATURE AND LONE PINE each entered Applovin before the recent wave – in the fourth quarter of 2022 and in the first quarter of 2023, respectively, according to documents – but took different paths in the last quarter. COATUE, managed by billionaire Philippe Laffont, added to his participation, buying more than 300,000 shares, while Lone Pine has crystallized some of his earnings, selling more than a million shares.

However, Lone Pine had a position worth more than $ 300 million in the company at the end of 2024. Likewise, Alex Sacerdote’s whale sold more than a million shares in the last quarter, But has always held a position worth more than $ 500 million at the end of the end of the year. Whale Rock bought the stock for the first time in the first quarter of 2024.

D1, Whale Rock and Viking refused to comment. Castle Hook, Coatue and Lone Pine did not immediately respond to requests for comments.

Although the company’s market capitalization has climbed more than $ 170 billion, which placed it on names like Verizon, Caterpillar and Uber, investors think it always has room to develop.

Polar Capital, an asset manager of $ 30 billion with dozens of thematic funds, wrote in the investor letter in November of its world technological fund according to which the improvements in the algorithm of the supplies “were Described as a “change of step” that management expects to see periodically in the future “.

“Management also remains confident in the sustainability of growth of 20 to 30% of advertising networks based on the game activity alone, while early tests in electronic commerce advertising were positive with a full launch expected in 2025 “, Continues the letter.

Others project even greater things.

Applovin “is a story so incredible and honestly perhaps a competitor for the 8th stock of” Mag “”, the research on citrini of the James Van Geelen market commentator published on X last week, referring to the magnificent 7 actions that have Among the largest winners on the market against the last two years.