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Adtran

155 hedge funds and large institutions have $477M invested in Adtran in 2018 Q4 according to their latest regulatory filings, with 33 funds opening new positions, 45 increasing their positions, 52 reducing their positions, and 17 closing their positions.

New
Increased
Maintained
Reduced
Closed

94% more first-time investments, than exits

New positions opened: 33 | Existing positions closed: 17

11% more funds holding

Funds holding: 140155 (+15)

2.7% less ownership

Funds ownership: 95.85%93.15% (-2.7%)

13% less repeat investments, than reductions

Existing positions increased: 45 | Existing positions reduced: 52

39% less call options, than puts

Call options by funds: $1.11M | Put options by funds: $1.83M

41% less capital invested

Capital invested by funds: $807M → $477M (-$330M)

Holders
155
Holders Change
+15
Holders Change %
+10.71%
% of All Funds
3.45%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
33
Increased
45
Reduced
52
Closed
17
Calls
$1.11M
Puts
$1.83M
Net Calls
-$723K
Net Calls Change
-$455K
Name Holding Trade Value Shares
Change
Change in
Stake
Swiss National Bank
51
Swiss National Bank
Switzerland
$895K
BBCM
52
Boardman Bay Capital Management
New York
$882K +$1.12M +82,133 New
Prudential Financial
53
Prudential Financial
New Jersey
$833K -$27.1K -1,990 -3%
California State Teachers Retirement System (CalSTRS)
54
California State Teachers Retirement System (CalSTRS)
California
$825K +$48K +3,519 +5%
FIM
55
Freedom Investment Management
Connecticut
$819K -$267K -19,610 -20%
ASRS
56
Arizona State Retirement System
Arizona
$788K +$56.3K +4,128 +6%
KeyBank National Association
57
KeyBank National Association
Ohio
$668K -$12.6K -925 -1%
T. Rowe Price Associates
58
T. Rowe Price Associates
Maryland
$663K +$161K +11,787 +24%
Canada Life
59
Canada Life
Manitoba, Canada
$628K +$4.33K +318 +0.5%
Los Angeles Capital Management
60
Los Angeles Capital Management
California
$600K -$5.72K -420 -0.7%
State Board of Administration of Florida Retirement System
61
State Board of Administration of Florida Retirement System
Florida
$507K
CS
62
Credit Suisse
Switzerland
$478K +$104K +7,659 +21%
AIM
63
Assured Investment Management
New York
$474K +$601K +44,089 New
New York State Common Retirement Fund
64
New York State Common Retirement Fund
New York
$470K -$108K -7,900 -15%
Public Sector Pension Investment Board (PSP Investments)
65
Public Sector Pension Investment Board (PSP Investments)
Quebec, Canada
$449K +$113K +8,300 +25%
Barclays
66
Barclays
United Kingdom
$440K -$502K -36,856 -47%
Axa
67
Axa
France
$424K +$538K +39,500 New
CIP
68
Chartwell Investment Partners
Pennsylvania
$412K -$669K -49,085 -56%
AllianceBernstein
69
AllianceBernstein
Tennessee
$411K -$357K -26,200 -41%
AIG
70
American International Group
New York
$399K -$6.11K -448 -1%
Two Sigma Advisers
71
Two Sigma Advisers
New York
$385K -$23.2K -1,700 -5%
PP
72
PDT Partners
New York
$384K -$3.16K -232 -0.6%
Stifel Financial
73
Stifel Financial
Missouri
$376K
Thrivent Financial for Lutherans
74
Thrivent Financial for Lutherans
Minnesota
$369K +$10.3K +755 +2%
TPSF
75
Texas Permanent School Fund
Texas
$335K +$15.6K +1,144 +4%

ADTN Hedge Fund Activity: Q4 2018 in Review

155 of the 4,488 institutional investors tracked by Wall St. Rank reported a position in Adtran (ADTN) for Q4 2018, worth a combined $477M — down 41% from $807M a quarter earlier.

Buyers outnumbered sellers: 33 funds opened new ADTN positions and 17 closed out — a net gain of 16 holders — while 45 added to existing stakes and 52 trimmed.

The largest buyer was Heartland Advisors, adding an estimated $7.67M. The largest seller was Van Berkom & Associates, exiting entirely with an estimated $35.8M sold.

  • 155 institutional investors held Adtran (ADTN) as of Q4 2018, up from 140 in Q3 2018.
  • Funds reported $477M of Adtran stock for Q4 2018, down 41% quarter-over-quarter.
  • 33 funds opened new Adtran positions in Q4 2018 and 17 closed out, a net change of +16 holders.
  • The largest Adtran buyer in Q4 2018 was Heartland Advisors, an estimated $7.67M added.
  • The largest Adtran seller in Q4 2018 was Van Berkom & Associates, an estimated $35.8M sold.

Based on aggregated 13F filings for Q4 2018.