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Adtran

164 hedge funds and large institutions have $970M invested in Adtran in 2016 Q1 according to their latest regulatory filings, with 39 funds opening new positions, 54 increasing their positions, 51 reducing their positions, and 22 closing their positions.

New
Increased
Maintained
Reduced
Closed

90% more call options, than puts

Call options by funds: $4.12M | Put options by funds: $2.16M

77% more first-time investments, than exits

New positions opened: 39 | Existing positions closed: 22

19% more capital invested

Capital invested by funds: $816M → $970M (+$154M)

11% more funds holding

Funds holding: 148164 (+16)

6% more repeat investments, than reductions

Existing positions increased: 54 | Existing positions reduced: 51

0% more funds holding in top 10

Funds holding in top 10: 11 (0)

Holders
164
Holders Change
+16
Holders Change %
+10.81%
% of All Funds
4.37%
Holding in Top 10
1
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.03%
New
39
Increased
54
Reduced
51
Closed
22
Calls
$4.12M
Puts
$2.16M
Net Calls
+$1.96M
Net Calls Change
-$3.57M
Name Holding Trade Value Shares
Change
Change in
Stake
HA
26
Heartland Advisors
Wisconsin
$7.62M +$1.99M +107,440 +40%
PPA
27
Parametric Portfolio Associates
Washington
$7.22M +$644K +34,799 +11%
Morgan Stanley
28
Morgan Stanley
New York
$7M +$4.48M +242,502 +234%
RSCM
29
Rail-Splitter Capital Management
Illinois
$6.98M +$6.39M +345,325 New
Principal Financial Group
30
Principal Financial Group
Iowa
$6.82M +$4.66K +252 +0.1%
TCM
31
Tieton Capital Management
Washington
$6.72M -$548K -29,658 -8%
Jacobs Levy Equity Management
32
Jacobs Levy Equity Management
New Jersey
$6.56M +$2.06M +111,289 +52%
Charles Schwab
33
Charles Schwab
California
$6.12M +$283K +15,315 +5%
Invesco
34
Invesco
Georgia
$6.1M -$102K -5,541 -2%
GLA
35
Great Lakes Advisors
Illinois
$6.06M -$1.55M -83,683 -22%
SCM
36
SG Capital Management
Illinois
$5.89M +$5.39M +291,240 New
GIP
37
Granite Investment Partners
California
$5.39M +$4.93M +266,443 New
Barrow, Hanley, Mewhinney & Strauss
38
Barrow, Hanley, Mewhinney & Strauss
Texas
$5.11M +$258K +13,932 +6%
Point72 Asset Management
39
Point72 Asset Management
Connecticut
$4.85M +$1.33M +72,000 +43%
Ameriprise
40
Ameriprise
Minnesota
$4.7M -$8.54M -461,796 -67%
State of New Jersey Common Pension Fund D
41
State of New Jersey Common Pension Fund D
New Jersey
$4.55M
California Public Employees Retirement System
42
California Public Employees Retirement System
California
$4.54M +$283K +15,300 +7%
BIM
43
BlackRock Investment Management
Delaware
$4.27M +$121K +6,557 +3%
Comerica Bank
44
Comerica Bank
Texas
$4.26M -$358K -19,377 -8%
MPAM
45
Monarch Partners Asset Management
Massachusetts
$4.08M +$3.74M +201,980 New
Goldman Sachs
46
Goldman Sachs
New York
$3.63M +$1.78M +96,386 +116%
TCIM
47
TIAA CREF Investment Management
New York
$3.48M -$83.8K -4,531 -3%
Millennium Management
48
Millennium Management
New York
$3.25M -$7.53M -406,991 -72%
EAM
49
EverPoint Asset Management
Connecticut
$3.19M +$1.2M +65,000 +70%
New York State Teachers Retirement System (NYSTRS)
50
New York State Teachers Retirement System (NYSTRS)
New York
$3.03M +$9.25K +500 +0.3%

ADTN Hedge Fund Activity: Q1 2016 in Review

164 of the 3,753 institutional investors tracked by Wall St. Rank reported a position in Adtran (ADTN) for Q1 2016, worth a combined $970M — up 19% from $816M a quarter earlier.

Buyers outnumbered sellers: 39 funds opened new ADTN positions and 22 closed out — a net gain of 17 holders — while 54 added to existing stakes and 51 trimmed.

The largest buyer was Victory Capital Management, adding an estimated $27M. The largest seller was Alyeska Investment Group, exiting entirely with an estimated $14M sold.

  • 164 institutional investors held Adtran (ADTN) as of Q1 2016, up from 148 in Q4 2015.
  • Funds reported $970M of Adtran stock for Q1 2016, up 19% quarter-over-quarter.
  • 39 funds opened new Adtran positions in Q1 2016 and 22 closed out, a net change of +17 holders.
  • The largest Adtran buyer in Q1 2016 was Victory Capital Management, an estimated $27M added.
  • The largest Adtran seller in Q1 2016 was Alyeska Investment Group, an estimated $14M sold.

Based on aggregated 13F filings for Q1 2016.