Copyright fool
On November 3, 2025, AGP Franklin disclosed a new position in Applied Digital (APLD 2.88%), acquiring 136,848 shares in the third quarter for an estimated $3.14 million. What Happened According to a filing with the Securities and Exchange Commission dated November 3, 2025, AGP Franklin initiated a new stake in Applied Digital during the third quarter. The fund purchased 136,848 shares, with an estimated transaction value of $3,139,293 for the period ended September 30, 2025. What Else to Know This new position accounts for 1.5% of AGP Franklin’s $205.19 million reportable U.S. equity portfolio as of September 30, 2025. Top holdings after the filing: NVDA: $12.76 million (6.2% of AUM)PLTR: $10.85 million (5.3% of AUM)AMZN: $9.66 million (4.7% of AUM)ORCL: $7.73 million (3.8% of AUM)JPM: $7.45 million (3.6% of AUM) As of October 31, 2025, shares of Applied Digital were priced at $34.66, up 412.7% over the year ending October 31, 2025; shares have outperformed the S&P 500 by 353.3 percentage points over the same period. Company Overview Company Snapshot Applied Digital is a technology company focused on designing and operating digital infrastructure and cloud solutions for high-performance computing and artificial intelligence workloads. It leverages purpose-built data centers and advanced GPU resources to support demanding enterprise applications and digital asset mining. The company provides digital infrastructure, data center hosting, GPU-based cloud services, and high-performance computing solutions for artificial intelligence, machine learning, and crypto mining applications. It generates revenue through multi-segment operations, including data center hosting, cloud services, and high-performance computing hosting for enterprise and digital asset clients. Applied Digital serves North American customers in artificial intelligence, machine learning, and digital asset mining industries requiring scalable, high-performance computing infrastructure. Foolish Take AGP Franklin, an investment advisory firm headquartered in Tennessee, recently disclosed a new position in Applied Digital worth over $3.1 million. For average investors, this is an institutional buy worth noting -- here's why. For starters, Applied Digital stock has been on fire recently. Shares have advanced 354% year-to-date, vastly outpacing the S&P 500, which has generated a total return of 17.5% so far this year. The reason behind the impressive performance is obvious: The artificial intelligence (AI) revolution. Applied Digital's business model revolves around data center hosting and high performance computing solutions -- both are critical components of the AI ecosystem. As a result, Applied Digital's business is booming. In its most recent quarter (the three months ending on August 31, 2025), the company reported year-over-year revenue growth of 84%, with trailing 12-month revenue rising to $219 million. To sum up, this purchase shows a vote of confidence from a large institution, and while Applied Digital stock isn't right for every portfolio, retail investors may want to give this under-the-radar AI stock a closer look. Portfolio weight: The percentage of a fund’s total assets allocated to a particular investment. Stake: The ownership interest or investment a person or entity holds in a company. Top holdings: The largest investments in a fund, ranked by their value or portfolio weight. Reportable U.S. equity portfolio: The portion of a fund’s investments in U.S. stocks that must be disclosed to regulators. AUM (Assets under management): The total market value of assets a fund or manager oversees on behalf of clients. High-performance computing (HPC): The use of powerful computers to process complex calculations at high speed, often for scientific or artificial intelligence tasks. GPU-based cloud services: Cloud computing services that use graphics processing units (GPUs) to accelerate tasks like artificial intelligence and machine learning. Digital asset mining: The process of using computing power to validate and add transactions to a blockchain, earning cryptocurrency rewards. Data center hosting: Providing physical space, power, and connectivity for clients’ servers and computing equipment. Multi-segment operations: Business activities divided into distinct areas or divisions, each generating revenue separately. TTM: The 12-month period ending with the most recent quarterly report. Outperforming: Achieving a higher return or growth rate than a benchmark or comparable investment.
