Adtran
ADTN
147 hedge funds and large institutions have $1.51B invested in Adtran in 2013 Q4 according to their latest regulatory filings, with 18 funds opening new positions, 50 increasing their positions, 55 reducing their positions, and 23 closing their positions.
25% more call options, than puts
Call options by funds: $10.7M | Put options by funds: $8.58M
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
0% less capital invested
Capital invested by funds: $1.51B → $1.51B (-$757K)
9% less repeat investments, than reductions
Existing positions increased: 50 | Existing positions reduced: 55
4% less funds holding
Funds holding: 153 → 147 (-6)
22% less first-time investments, than exits
New positions opened: 18 | Existing positions closed: 23
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PM
Platinum Management
New York
|
+$265M |
| 2 |
VBA
Van Berkom & Associates
Montreal,
Quebec, Canada
|
+$12.1M |
| 3 |
Citadel Advisors
Miami,
Florida
|
+$11.6M |
| 4 |
Canada Pension Plan Investment Board
Toronto Ontario,
Ontario, Canada
|
+$10.4M |
| 5 |
DRZID
DePrince Race & Zollo Inc (DRZ)
Winter Park,
Florida
|
+$6.45M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$32.9M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
-$9.63M |
| 3 |
KCM
Kingdon Capital Management
New York
|
-$6.58M |
| 4 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$5.65M |
| 5 |
DCM
Decade Capital Management
New York
|
-$4.89M |
ADTN Hedge Fund Activity: Q4 2013 in Review
147 of the 3,445 institutional investors tracked by Wall St. Rank reported a position in Adtran (ADTN) for Q4 2013, worth a combined $1.51B — down 0.05% from $1.51B a quarter earlier.
Sellers outnumbered buyers: 23 funds closed out of ADTN and 18 opened new positions — a net loss of 5 holders — while 55 trimmed existing stakes and 50 added.
The largest buyer was Platinum Management, opening a new position worth an estimated $265M. The largest seller was Fidelity Investments, cutting an estimated $32.9M.
- 147 institutional investors held Adtran (ADTN) as of Q4 2013, down from 153 in Q3 2013.
- Funds reported $1.51B of Adtran stock for Q4 2013, down 0.05% quarter-over-quarter.
- 18 funds opened new Adtran positions in Q4 2013 and 23 closed out, a net change of -5 holders.
- The largest Adtran buyer in Q4 2013 was Platinum Management, an estimated $265M added.
- The largest Adtran seller in Q4 2013 was Fidelity Investments, an estimated $32.9M sold.
Based on aggregated 13F filings for Q4 2013.