Applied Digital Corporation
DE ˙ DB ˙ US0381692070
SecurityDE:FLH0 / Applied Digital Corporation
InstitutionMorgan Stanley
Latest Disclosed Ownership2,903,139 shares
Latest Disclosed Value $ 68,920,529
Morgan Stanley reports 18.47% decrease in ownership of FLH0 / Applied Digital Corporation

On May 15, 2026 - Morgan Stanley filed a 13F-HR form disclosing ownership of 2,903,139 shares of Applied Digital Corporation (DE:FLH0) valued at $68,920,529 USD as of March 31, 2026. The entity filed a previous 13F-HR/A on May 27, 2026 disclosing 3,561,014 shares of Applied Digital Corporation. This represents a change in shares of -18.47% during the quarter.

Institutional Ownership: 13F and NPORT Filings

The Security and Class in the table below are shown exactly as filed by the investor. We do our best to track continuity of investments through acquisitions, and this will be reflected in the table as changes in names. In addition to descriptive data, performance of the investment is shown over time. To calculate quarterly performance, we first calculate cost basis of the shares purchased during the quarter, then use that to calculate gross profit. Quarterly return is Gross Profit / Starting Portfolio value.

Note that cost basis is calculated and stored in thousands, so small quarterly changes in shares frequently result in a cost basis of zero.

Upgrade to unlock premium data and export to Excel .

Disclosed Equity Positions (from 13F/NPORT Filings)
File
Date		 Effective
Date		Form Security Class ID Avg Price
Paid (Est)		 Reported
Shares		 ΔShares ΔShares
(%)		 Reported
Value
(x1000)		 ΔValue
(%)		 Alloc
(%)		 ΔAlloc ΔAlloc (%) Cost Basis
(x1000)		 Unrealized
Gain/Loss
(x1000)
2026-05-15 2026-03-31 13F APPLIED DIGITAL COM NEW 038169207 2,903,139 -657,875 -18.47 68,921 -21.07 0.0042
2026-05-27 2025-12-31 13F/A-1 APPLIED DIGITAL COM NEW 038169207 3,561,014 975,657 37.74 87,316 47.22 0.0052
2026-02-13 2025-12-31 13F APPLIED DIGITAL COM NEW 038169207 3,561,014 975,657 87,316 0.0052
2026-05-27 2025-09-30 13F/A-1 APPLIED DIGITAL COM NEW 038169207 2,585,357 -1,339,122 -34.12 59,308 50.07 0.0036
2025-11-14 2025-09-30 13F APPLIED DIGITAL COM NEW 038169207 2,585,357 -1,339,122 59,308 0.0036
2025-08-15 2025-06-30 13F APPLIED DIGITAL COM NEW 038169207 3,924,479 1,794,568 84.26 39,520 230.15 0.0026
2025-05-15 2025-03-31 13F APPLIED DIGITAL COM NEW 038169207 2,129,911 -346,320 -13.99 11,970 -36.73 0.0009
2025-05-15 2024-12-31 13F/A-1 APPLIED DIGITAL COM NEW 038169207 2,476,231 1,873,475 310.82 18,918 280.49 0.0013
2025-02-14 2024-12-31 13F APPLIED DIGITAL COM NEW 038169207 2,476,231 1,873,475 18,918 0.0013
2025-05-14 2024-09-30 13F/A-2 APPLIED DIGITAL COM NEW 038169207 602,756 359,316 147.60 4,973 243.37 0.0004
2025-02-14 2024-09-30 13F/A-1 APPLIED DIGITAL COM NEW 038169207 602,756 359,316 4,973 0.0004
2024-11-14 2024-09-30 13F APPLIED DIGITAL COM NEW 038169207 602,756 359,316 4,973 0.0004
2025-05-14 2024-06-30 13F/A-2 APPLIED DIGITAL COM NEW 038169207 243,440 8,840 3.77 1,448 44.22 0.0001
2024-10-17 2024-06-30 13F/A-1 APPLIED DIGITAL COM NEW 038169207 243,440 8,840 1,448 0.0001
2024-08-14 2024-06-30 13F APPLIED DIGITAL COM NEW 038169207 243,440 8,840 1,448 0.0001
2024-10-17 2024-03-31 13F/A-2 APPLIED DIGITAL COM NEW 038169207 234,600 -184,027 -43.96 1,004 -64.41 0.0001
2024-08-16 2024-03-31 13F/A-1 APPLIED DIGITAL COM NEW 038169207 234,600 -184,027 1,004 0.0001
2024-05-15 2024-03-31 13F APPLIED DIGITAL COM NEW 038169207 234,600 -184,027 1,004 0.0001
2024-08-16 2023-12-31 13F/A-1 APPLIED DIGITAL COM NEW 038169207 418,627 277,524 196.68 2,822 220.57 0.0002
2024-02-13 2023-12-31 13F APPLIED DIGITAL COM NEW 038169207 418,627 277,524 2,822 0.0002
2023-11-15 2023-09-30 13F APPLIED DIGITAL COM NEW 038169207 141,103 -252,300 -64.13 880 -76.07 0.0001
2023-08-14 2023-06-30 13F APPLIED DIGITAL COM NEW 038169207 393,403 353,887 895.55 3,678 4,079.55 0.0004
2023-05-15 2023-03-31 13F APPLIED DIGITAL COM NEW 038169207 39,516 26,286 198.68 89 266.67 0.0000
2023-02-14 2022-12-31 13F APPLIED DIGITAL COM NEW 038169207 13,230 12,582 1,941.67 24 0.0000
2022-11-14 2022-09-30 13F APPLIED BLOCKCHAIN COM NEW 038169207 648 -412 -38.87 0 -100.00
2022-10-27 2022-06-30 13F/A-1 APPLIED BLOCKCHAIN COM NEW 038169207 1,060 1,060 1 0.0000
2022-08-15 2022-06-30 13F APPLIED BLOCKCHAIN COM NEW 038169207 1,060 1,060 1 0.0000
Legend
Shares
The total number of shares held by the institution at the end of the reporting period (the effective date). This is provided in the filing.
Value
The total value of the shares as of the effective date. This is provided in the filing.
Avg. Share Price
The weighted average share price of the shares held by the institution. We use FIFO accounting to determine this price
Class
This is the security class as indicated by the filer. There are a variety of values for this field. Common values include "EC" = equity common, "EP" - equity preferred
Allocation (%)
The percent of the institution's portfolio that this position represents. This is provided in NPORT filings. For 13F filings, we calculate it.
Change in Allocation
The change in allocation from the prior reporting period. This is calculated as current allocation - prior allocation.
Change in Allocation (%)
The percent change in allocation from the prior reporting period. This is calculated as (current allocation - prior allocation) / prior allocation.
Cost Basis
The total cost of the shares held. This is calculated as reported shares * avg. share price
Unrealized Gain/Loss
This is the market value of the position as of the effective date minus the cost basis.