Adeia
ADEA
209 hedge funds and large institutions have $1.04B invested in Adeia in 2020 Q3 according to their latest regulatory filings, with 40 funds opening new positions, 58 increasing their positions, 78 reducing their positions, and 34 closing their positions.
18% more first-time investments, than exits
New positions opened: 40 | Existing positions closed: 34
3% more funds holding
Funds holding: 203 → 209 (+6)
5% less call options, than puts
Call options by funds: $3.76M | Put options by funds: $3.93M
20.78% less ownership
Funds ownership: 334.65% → 313.87% (-21%)
26% less repeat investments, than reductions
Existing positions increased: 58 | Existing positions reduced: 78
27% less capital invested
Capital invested by funds: $1.43B → $1.04B (-$388M)
29% less funds holding in top 10
Funds holding in top 10: 7 → 5 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCMNY
Rubric Capital Management (New York)
New York
|
+$11.2M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
+$9.96M |
| 3 |
CC
Clearline Capital
New York
|
+$5.85M |
| 4 |
Neuberger Berman Group
New York
|
+$5.32M |
| 5 |
LAM
Lapides Asset Management
Greenwich,
Connecticut
|
+$4.26M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JP Morgan Chase
New York
|
-$32.8M |
| 2 |
Jacobs Levy Equity Management
Florham Park,
New Jersey
|
-$14.8M |
| 3 |
BlackRock
New York
|
-$14.4M |
| 4 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$13.6M |
| 5 |
Renaissance Technologies
New York
|
-$11M |
ADEA Hedge Fund Activity: Q3 2020 in Review
209 of the 4,956 institutional investors tracked by Wall St. Rank reported a position in Adeia (ADEA) for Q3 2020, worth a combined $1.04B — down 27% from $1.43B a quarter earlier.
Buyers outnumbered sellers: 40 funds opened new ADEA positions and 34 closed out — a net gain of 6 holders — while 58 added to existing stakes and 78 trimmed.
The largest buyer was Rubric Capital Management (New York), adding an estimated $11.2M. The largest seller was JP Morgan Chase, cutting an estimated $32.8M.
- 209 institutional investors held Adeia (ADEA) as of Q3 2020, up from 203 in Q2 2020.
- Funds reported $1.04B of Adeia stock for Q3 2020, down 27% quarter-over-quarter.
- 40 funds opened new Adeia positions in Q3 2020 and 34 closed out, a net change of +6 holders.
- The largest Adeia buyer in Q3 2020 was Rubric Capital Management (New York), an estimated $11.2M added.
- The largest Adeia seller in Q3 2020 was JP Morgan Chase, an estimated $32.8M sold.
Based on aggregated 13F filings for Q3 2020.