Adtran
ADTN
152 hedge funds and large institutions have $350M invested in Adtran in 2024 Q3 according to their latest regulatory filings, with 18 funds opening new positions, 43 increasing their positions, 69 reducing their positions, and 23 closing their positions.
249% more call options, than puts
Call options by funds: $3.21M | Put options by funds: $919K
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
11% more capital invested
Capital invested by funds: $315M → $350M (+$34.4M)
1.22% less ownership
Funds ownership: 75.8% → 74.57% (-1.2%)
3% less funds holding
Funds holding: 157 → 152 (-5)
22% less first-time investments, than exits
New positions opened: 18 | Existing positions closed: 23
38% less repeat investments, than reductions
Existing positions increased: 43 | Existing positions reduced: 69
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WCM
Westerly Capital Management
San Francisco,
California
|
+$4.15M |
| 2 |
Assenagon Asset Management
Senningerberg,
Luxembourg
|
+$3.46M |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
+$2.72M |
| 4 |
NIMC
Nierenberg Investment Management Company
Camas,
Washington
|
+$1.91M |
| 5 |
DCM
Divisar Capital Management
San Francisco,
California
|
+$1.91M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
-$4.1M |
| 2 |
Alyeska Investment Group
Chicago,
Illinois
|
-$3M |
| 3 |
Millennium Management
New York
|
-$2.15M |
| 4 |
KTA
Keeley-Teton Advisors
Chicago,
Illinois
|
-$1.9M |
| 5 |
Renaissance Technologies
New York
|
-$1.56M |
ADTN Hedge Fund Activity: Q3 2024 in Review
152 of the 6,964 institutional investors tracked by Wall St. Rank reported a position in Adtran (ADTN) for Q3 2024, worth a combined $350M — up 11% from $315M a quarter earlier.
Sellers outnumbered buyers: 23 funds closed out of ADTN and 18 opened new positions — a net loss of 5 holders — while 69 trimmed existing stakes and 43 added.
The largest buyer was Westerly Capital Management, adding an estimated $4.15M. The largest seller was Citadel Advisors, cutting an estimated $4.1M.
- 152 institutional investors held Adtran (ADTN) as of Q3 2024, down from 157 in Q2 2024.
- Funds reported $350M of Adtran stock for Q3 2024, up 11% quarter-over-quarter.
- 18 funds opened new Adtran positions in Q3 2024 and 23 closed out, a net change of -5 holders.
- The largest Adtran buyer in Q3 2024 was Westerly Capital Management, an estimated $4.15M added.
- The largest Adtran seller in Q3 2024 was Citadel Advisors, an estimated $4.1M sold.
Based on aggregated 13F filings for Q3 2024.