Empire Capital Management’s Ribbon Communications RBBN Stock Holding History

Empire Capital Management’s Portfolio RBBN Stock Details RBBN Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2015 Q4	–	Sell	-2,140,000	Closed	-$12.2M	–	39
2015 Q3	$12.2M	Buy	2,140,000 +606,900	+40%	+$4.09M	8.76%	2
2015 Q2	$10.6M	Buy	1,533,100 +658,156	+75%	+$5.16M	6.12%	4
2015 Q1	$6.89M	Sell	874,944 -2,040,056	-70%	-$33.6M	3.59%	10
2014 Q4	$57.9M	Sell	2,915,000 -950,000	-25%	-$16.8M	16.26%	2
2014 Q3	$66.1M	Sell	3,865,000 -535,000	-12%	-$10.2M	16.11%	1
2014 Q2	$79M	Sell	4,400,000 -895,000	-17%	-$15.1M	14.12%	2
2014 Q1	$89.2M	Buy	5,295,000 +8,000	+0.2%	+$133K	10.64%	2
2013 Q4	$83.3M	Sell	5,287,000 -10,178	-0.2%	-$157K	11.35%	1
2013 Q3	$89.3M	Sell	5,297,178 -2,421,822	-31%	-$41.2M	10.29%	1
2013 Q2	$116M	Buy	+7,719,000	New	+$103M	14.01%	1

Other funds holding RBBN

Capital Research Global Investors Los Angeles, California $717B AUM 35.42% 1-Year Est. Return

First Trust Advisors Wheaton, Illinois $170B AUM 46.21% 1-Year Est. Return

Vanguard Group Malvern, Pennsylvania $6.9T AUM 27.45% 1-Year Est. Return

Neuberger Berman Group New York $150B AUM 40.08% 1-Year Est. Return

Dimensional Fund Advisors Austin, Texas $552B AUM 44.19% 1-Year Est. Return

BFA

BlackRock Fund Advisors San Francisco, California $542B AUM 18.13% 1-Year Est. Return

BIT

BlackRock Institutional Trust San Francisco, California $675B AUM 16.07% 1-Year Est. Return

T. Rowe Price Associates Baltimore, Maryland $999B AUM 46.22% 1-Year Est. Return

Renaissance Technologies New York $72.6B AUM 54.88% 1-Year Est. Return

HCM

Horrell Capital Management Little Rock, Arkansas $219M AUM 21.7% 1-Year Est. Return

Empire Capital Management's RBBN Position: Q4 2015 in Review

Empire Capital Management sold out of Ribbon Communications (RBBN) in Q4 2015, closing a stake of 2,140,000 shares — an estimated $12.2M sold.

Empire Capital Management first reported a position in RBBN in Q2 2013 and held it in 10 quarters. The position peaked at $116M in Q2 2013. 124 funds tracked by Wall St. Rank hold RBBN as of Q4 2015.

Empire Capital Management reported no remaining Ribbon Communications position as of Q4 2015 after selling out during the quarter.
Empire Capital Management sold 2,140,000 Ribbon Communications shares in Q4 2015, an estimated $12.2M.
Empire Capital Management first reported a position in Ribbon Communications in Q2 2013 and held it in 10 quarters.
Empire Capital Management's Ribbon Communications position peaked at $116M in Q2 2013.
124 funds tracked by Wall St. Rank held Ribbon Communications as of Q4 2015.

Based on Empire Capital Management's 13F filing for Q4 2015, filed 12 Feb 2016.