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Adtran

168 hedge funds and large institutions have $673M invested in Adtran in 2019 Q2 according to their latest regulatory filings, with 30 funds opening new positions, 56 increasing their positions, 49 reducing their positions, and 22 closing their positions.

New
Increased
Maintained
Reduced
Closed

291% more call options, than puts

Call options by funds: $7.98M | Put options by funds: $2.04M

36% more first-time investments, than exits

New positions opened: 30 | Existing positions closed: 22

14% more repeat investments, than reductions

Existing positions increased: 56 | Existing positions reduced: 49

11% more capital invested

Capital invested by funds: $606M → $673M (+$67.1M)

3% more funds holding

Funds holding: 163168 (+5)

0% more funds holding in top 10

Funds holding in top 10: 11 (0)

0.25% less ownership

Funds ownership: 92.53%92.28% (-0.25%)

Holders
168
Holders Change
+5
Holders Change %
+3.07%
% of All Funds
3.65%
Holding in Top 10
1
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.02%
New
30
Increased
56
Reduced
49
Closed
22
Calls
$7.98M
Puts
$2.04M
Net Calls
+$5.94M
Net Calls Change
+$6.5M
Name Holding Trade Value Shares
Change
Change in
Stake
AllianceBernstein
51
AllianceBernstein
Tennessee
$1.26M +$345K +21,600 +36%
Prudential Financial
52
Prudential Financial
New Jersey
$1.19M +$7.66K +480 +0.6%
ASRS
53
Arizona State Retirement System
Arizona
$1.13M +$7.33K +459 +0.6%
California State Teachers Retirement System (CalSTRS)
54
California State Teachers Retirement System (CalSTRS)
California
$1.12M -$7.93K -497 -0.7%
FIM
55
Freedom Investment Management
Connecticut
$1.11M -$27.9K -1,749 -2%
Canada Life
56
Canada Life
Manitoba, Canada
$968K +$2.01K +126 +0.2%
T. Rowe Price Associates
57
T. Rowe Price Associates
Maryland
$945K +$2.27K +142 +0.2%
SCM
58
Sterling Capital Management
North Carolina
$941K
Comerica Bank
59
Comerica Bank
Texas
$910K -$34.2K -2,142 -4%
Ohio Public Employees Retirement System (OPERS)
60
Ohio Public Employees Retirement System (OPERS)
Ohio
$907K -$7.8K -489 -0.8%
SG Americas Securities
61
SG Americas Securities
New York
$885K +$926K +58,045 New
KeyBank National Association
62
KeyBank National Association
Ohio
$879K -$31.9K -2,000 -3%
PI
63
PineBridge Investments
New York
$860K -$35.6K -2,232 -4%
DZ Bank
64
DZ Bank
Germany
$786K -$1.19M -74,319 -59%
Goldman Sachs
65
Goldman Sachs
New York
$763K -$3.34M -209,071 -81%
HIM
66
Hillsdale Investment Management
Ontario, Canada
$763K +$798K +50,000 New
New York State Common Retirement Fund
67
New York State Common Retirement Fund
New York
$758K +$94.2K +5,900 +13%
DekaBank Deutsche Girozentrale
68
DekaBank Deutsche Girozentrale
Germany
$735K +$780K +48,849 New
SO
69
STRS Ohio
Ohio
$707K +$322K +20,200 +77%
State Board of Administration of Florida Retirement System
70
State Board of Administration of Florida Retirement System
Florida
$705K
PP
71
PDT Partners
New York
$683K +$144K +9,014 +25%
AIM
72
Alambic Investment Management
California
$663K +$694K +43,468 New
State of Tennessee, Department of Treasury
73
State of Tennessee, Department of Treasury
Tennessee
$609K +$108K +6,787 +20%
UBS AM
74
UBS AM
Illinois
$602K +$110K +6,867 +21%
Thrivent Financial for Lutherans
75
Thrivent Financial for Lutherans
Minnesota
$572K +$17.1K +1,070 +3%

ADTN Hedge Fund Activity: Q2 2019 in Review

168 of the 4,604 institutional investors tracked by Wall St. Rank reported a position in Adtran (ADTN) for Q2 2019, worth a combined $673M — up 11% from $606M a quarter earlier.

Buyers outnumbered sellers: 30 funds opened new ADTN positions and 22 closed out — a net gain of 8 holders — while 56 added to existing stakes and 49 trimmed.

The largest buyer was Nuveen, opening a new position worth an estimated $7.38M. The largest seller was Wellington Management Group, exiting entirely with an estimated $9.54M sold.

  • 168 institutional investors held Adtran (ADTN) as of Q2 2019, up from 163 in Q1 2019.
  • Funds reported $673M of Adtran stock for Q2 2019, up 11% quarter-over-quarter.
  • 30 funds opened new Adtran positions in Q2 2019 and 22 closed out, a net change of +8 holders.
  • The largest Adtran buyer in Q2 2019 was Nuveen, an estimated $7.38M added.
  • The largest Adtran seller in Q2 2019 was Wellington Management Group, an estimated $9.54M sold.

Based on aggregated 13F filings for Q2 2019.