Adtran
ADTN
170 hedge funds and large institutions have $1.35B invested in Adtran in 2014 Q1 according to their latest regulatory filings, with 36 funds opening new positions, 54 increasing their positions, 56 reducing their positions, and 13 closing their positions.
177% more first-time investments, than exits
New positions opened: 36 | Existing positions closed: 13
16% more funds holding
Funds holding: 147 → 170 (+23)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
4% less repeat investments, than reductions
Existing positions increased: 54 | Existing positions reduced: 56
11% less capital invested
Capital invested by funds: $1.51B → $1.35B (-$159M)
69% less call options, than puts
Call options by funds: $5.27M | Put options by funds: $17.1M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VOYA Investment Management
Atlanta,
Georgia
|
+$18M |
| 2 |
TM
Tiger Management
New York
|
+$9.77M |
| 3 |
Prudential Financial
Newark,
New Jersey
|
+$9.33M |
| 4 |
AL
AJO LP
Philadelphia,
Pennsylvania
|
+$9.24M |
| 5 |
DRZID
DePrince Race & Zollo Inc (DRZ)
Winter Park,
Florida
|
+$7.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
-$59.5M |
| 2 |
Artisan Partners
Milwaukee,
Wisconsin
|
-$23.8M |
| 3 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$7.7M |
| 4 |
Janus Henderson Group
London,
United Kingdom
|
-$7.31M |
| 5 |
Fidelity Investments
Boston,
Massachusetts
|
-$6.75M |
ADTN Hedge Fund Activity: Q1 2014 in Review
170 of the 3,462 institutional investors tracked by Wall St. Rank reported a position in Adtran (ADTN) for Q1 2014, worth a combined $1.35B — down 11% from $1.51B a quarter earlier.
Buyers outnumbered sellers: 36 funds opened new ADTN positions and 13 closed out — a net gain of 23 holders — while 54 added to existing stakes and 56 trimmed.
The largest buyer was VOYA Investment Management, adding an estimated $18M. The largest seller was Citadel Advisors, cutting an estimated $59.5M.
- 170 institutional investors held Adtran (ADTN) as of Q1 2014, up from 147 in Q4 2013.
- Funds reported $1.35B of Adtran stock for Q1 2014, down 11% quarter-over-quarter.
- 36 funds opened new Adtran positions in Q1 2014 and 13 closed out, a net change of +23 holders.
- The largest Adtran buyer in Q1 2014 was VOYA Investment Management, an estimated $18M added.
- The largest Adtran seller in Q1 2014 was Citadel Advisors, an estimated $59.5M sold.
Based on aggregated 13F filings for Q1 2014.