Adeia
ADEA
178 hedge funds and large institutions have $1.31B invested in Adeia in 2017 Q3 according to their latest regulatory filings, with 22 funds opening new positions, 73 increasing their positions, 59 reducing their positions, and 41 closing their positions.
24% more repeat investments, than reductions
Existing positions increased: 73 | Existing positions reduced: 59
3.9% more ownership
Funds ownership: 390.63% → 394.53% (+3.9%)
0% more funds holding in top 10
Funds holding in top 10: 4 → 4 (0)
9% less call options, than puts
Call options by funds: $446K | Put options by funds: $488K
10% less funds holding
Funds holding: 198 → 178 (-20)
14% less capital invested
Capital invested by funds: $1.53B → $1.31B (-$221M)
46% less first-time investments, than exits
New positions opened: 22 | Existing positions closed: 41
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SRFM
Shannon River Fund Management
New York
|
+$19.1M |
| 2 |
EGA
Evermore Global Advisors
Summit,
New Jersey
|
+$17.3M |
| 3 |
DRZID
DePrince Race & Zollo Inc (DRZ)
Winter Park,
Florida
|
+$12.6M |
| 4 |
RCM
Roystone Capital Management
New York
|
+$12.1M |
| 5 |
CC
Carlson Capital
Dallas,
Texas
|
+$11.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FCM
Frontier Capital Management
Boston,
Massachusetts
|
-$32M |
| 2 |
Renaissance Technologies
New York
|
-$15.1M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
-$11.9M |
| 4 |
ACM
Ashford Capital Management
Wilmington,
Delaware
|
-$9.13M |
| 5 |
PCM
Penn Capital Management
Philadelphia,
Pennsylvania
|
-$8.87M |
ADEA Hedge Fund Activity: Q3 2017 in Review
178 of the 4,022 institutional investors tracked by Wall St. Rank reported a position in Adeia (ADEA) for Q3 2017, worth a combined $1.31B — down 14% from $1.53B a quarter earlier.
Sellers outnumbered buyers: 41 funds closed out of ADEA and 22 opened new positions — a net loss of 19 holders — while 59 trimmed existing stakes and 73 added.
The largest buyer was Shannon River Fund Management, opening a new position worth an estimated $19.1M. The largest seller was Frontier Capital Management, cutting an estimated $32M.
- 178 institutional investors held Adeia (ADEA) as of Q3 2017, down from 198 in Q2 2017.
- Funds reported $1.31B of Adeia stock for Q3 2017, down 14% quarter-over-quarter.
- 22 funds opened new Adeia positions in Q3 2017 and 41 closed out, a net change of -19 holders.
- The largest Adeia buyer in Q3 2017 was Shannon River Fund Management, an estimated $19.1M added.
- The largest Adeia seller in Q3 2017 was Frontier Capital Management, an estimated $32M sold.
Based on aggregated 13F filings for Q3 2017.