Adtran
ADTN
143 hedge funds and large institutions have $430M invested in Adtran in 2019 Q4 according to their latest regulatory filings, with 16 funds opening new positions, 50 increasing their positions, 57 reducing their positions, and 22 closing their positions.
0.33% less ownership
Funds ownership: 91.33% → 91% (-0.33%)
8% less funds holding
Funds holding: 155 → 143 (-12)
12% less repeat investments, than reductions
Existing positions increased: 50 | Existing positions reduced: 57
13% less capital invested
Capital invested by funds: $495M → $430M (-$65.1M)
27% less first-time investments, than exits
New positions opened: 16 | Existing positions closed: 22
67% less call options, than puts
Call options by funds: $2.61M | Put options by funds: $7.97M
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$2.49M |
| 2 |
Assenagon Asset Management
Senningerberg,
Luxembourg
|
+$2.34M |
| 3 |
D.E. Shaw & Co
New York
|
+$1.87M |
| 4 |
Victory Capital Management
San Antonio,
Texas
|
+$1.63M |
| 5 |
HCM
Horrell Capital Management
Little Rock,
Arkansas
|
+$1.62M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HA
Heartland Advisors
Milwaukee,
Wisconsin
|
-$5.55M |
| 2 |
Norges Bank
Oslo,
Norway
|
-$2.12M |
| 3 |
CEP
Chicago Equity Partners
Chicago,
Illinois
|
-$1.64M |
| 4 |
Bank of New York Mellon
New York
|
-$1.61M |
| 5 |
Citadel Advisors
Miami,
Florida
|
-$1.6M |
ADTN Hedge Fund Activity: Q4 2019 in Review
143 of the 5,075 institutional investors tracked by Wall St. Rank reported a position in Adtran (ADTN) for Q4 2019, worth a combined $430M — down 13% from $495M a quarter earlier.
Sellers outnumbered buyers: 22 funds closed out of ADTN and 16 opened new positions — a net loss of 6 holders — while 57 trimmed existing stakes and 50 added.
The largest buyer was BlackRock, adding an estimated $2.49M. The largest seller was Heartland Advisors, exiting entirely with an estimated $5.55M sold.
- 143 institutional investors held Adtran (ADTN) as of Q4 2019, down from 155 in Q3 2019.
- Funds reported $430M of Adtran stock for Q4 2019, down 13% quarter-over-quarter.
- 16 funds opened new Adtran positions in Q4 2019 and 22 closed out, a net change of -6 holders.
- The largest Adtran buyer in Q4 2019 was BlackRock, an estimated $2.49M added.
- The largest Adtran seller in Q4 2019 was Heartland Advisors, an estimated $5.55M sold.
Based on aggregated 13F filings for Q4 2019.