Adeia
ADEA
161 hedge funds and large institutions have $794M invested in Adeia in 2018 Q2 according to their latest regulatory filings, with 15 funds opening new positions, 74 increasing their positions, 50 reducing their positions, and 33 closing their positions.
48% more repeat investments, than reductions
Existing positions increased: 74 | Existing positions reduced: 50
14.11% more ownership
Funds ownership: 366.23% → 380.34% (+14%)
0% more funds holding in top 10
Funds holding in top 10: 3 → 3 (0)
11% less funds holding
Funds holding: 181 → 161 (-20)
22% less capital invested
Capital invested by funds: $1.02B → $794M (-$224M)
33% less call options, than puts
Call options by funds: $750K | Put options by funds: $1.12M
55% less first-time investments, than exits
New positions opened: 15 | Existing positions closed: 33
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
EGA
Evermore Global Advisors
Summit,
New Jersey
|
+$25.6M |
| 2 |
BlackRock
New York
|
+$13M |
| 3 |
Russell Investments Group
London,
United Kingdom
|
+$9.22M |
| 4 |
JP Morgan Chase
New York
|
+$8.33M |
| 5 |
Vanguard Group
Malvern,
Pennsylvania
|
+$6.55M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FCM
Frontier Capital Management
Boston,
Massachusetts
|
-$14.5M |
| 2 |
Janus Henderson Group
London,
United Kingdom
|
-$8M |
| 3 |
USAA
United Services Automobile Association
San Antonio,
Texas
|
-$5.42M |
| 4 |
Millennium Management
New York
|
-$4.76M |
| 5 |
CI
Cambiar Investors
Denver,
Colorado
|
-$4.62M |
ADEA Hedge Fund Activity: Q2 2018 in Review
161 of the 4,368 institutional investors tracked by Wall St. Rank reported a position in Adeia (ADEA) for Q2 2018, worth a combined $794M — down 22% from $1.02B a quarter earlier.
Sellers outnumbered buyers: 33 funds closed out of ADEA and 15 opened new positions — a net loss of 18 holders — while 50 trimmed existing stakes and 74 added.
The largest buyer was Evermore Global Advisors, opening a new position worth an estimated $25.6M. The largest seller was Frontier Capital Management, exiting entirely with an estimated $14.5M sold.
- 161 institutional investors held Adeia (ADEA) as of Q2 2018, down from 181 in Q1 2018.
- Funds reported $794M of Adeia stock for Q2 2018, down 22% quarter-over-quarter.
- 15 funds opened new Adeia positions in Q2 2018 and 33 closed out, a net change of -18 holders.
- The largest Adeia buyer in Q2 2018 was Evermore Global Advisors, an estimated $25.6M added.
- The largest Adeia seller in Q2 2018 was Frontier Capital Management, an estimated $14.5M sold.
Based on aggregated 13F filings for Q2 2018.