# Applied Digital (APLD): value investors who own it

1 value investor held Applied Digital in their Q3 2026 13F, led by Polen Capital Management. See who bought, sold and how ownership has changed by quarter.

## 13F holders

| Manager | Portfolio | Value | Change | Quarters held |
| --- | --- | --- | --- | --- |
| Polen Capital Management | 0.0% | $3.7m | New | 1 |

## Directors buying and selling (Form 4, last 12 months)

| Date | Who | Role | Bought or sold | Shares | Value |
| --- | --- | --- | --- | --- | --- |
| 2026-10-16 | Zhang Jason Gechen | President | Bought | 300000 | $5.7m |
| 2026-10-16 | Cummins Wes | CEO; Chairman | Bought | 55803 | $1.0m |
| 2026-10-13 | Nottenburg Richard N | Director | Sold | 31250 | $683k |
| 2026-08-04 | Nottenburg Richard N | Director | Sold | 75000 | $2.3m |

Source: SEC filings, via moatshark (https://www.moatshark.com/s/apld). Values traded and returns are estimates. Not investment advice. Built 2026-10-21.