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Adtran

137 hedge funds and large institutions have $700M invested in Adtran in 2015 Q3 according to their latest regulatory filings, with 12 funds opening new positions, 48 increasing their positions, 53 reducing their positions, and 17 closing their positions.

New
Increased
Maintained
Reduced
Closed

105% more call options, than puts

Call options by funds: $2.95M | Put options by funds: $1.44M

0% more funds holding in top 10

Funds holding in top 10: 11 (0)

9% less repeat investments, than reductions

Existing positions increased: 48 | Existing positions reduced: 53

5% less funds holding

Funds holding: 144137 (-7)

13% less capital invested

Capital invested by funds: $803M → $700M (-$103M)

29% less first-time investments, than exits

New positions opened: 12 | Existing positions closed: 17

Holders
137
Holders Change
-7
Holders Change %
-4.86%
% of All Funds
3.82%
Holding in Top 10
1
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.03%
New
12
Increased
48
Reduced
53
Closed
17
Calls
$2.95M
Puts
$1.44M
Net Calls
+$1.51M
Net Calls Change
+$147K
Name Holding Trade Value Shares
Change
Change in
Stake
NCCM
101
Nine Chapters Capital Management
New Jersey
$231K +$249K +15,800 New
CSS
102
Cubist Systematic Strategies
Connecticut
$206K +$222K +14,087 New
FMBTD
103
First Midwest Bank Trust Division
Illinois
$198K +$14K +890 +7%
MERSOM
104
Municipal Employees' Retirement System of Michigan
Michigan
$151K +$2.21K +140 +1%
BNP Paribas Financial Markets
105
BNP Paribas Financial Markets
France
$149K +$91.1K +5,774 +130%
ACI
106
AMP Capital Investors
Australia
$149K
GIA
107
Gateway Investment Advisers
Ohio
$147K
NSEDCP
108
NJ State Employees Deferred Compensation Plan
New Jersey
$146K
Legal & General Group
109
Legal & General Group
United Kingdom
$136K
Ohio Public Employees Retirement System (OPERS)
110
Ohio Public Employees Retirement System (OPERS)
Ohio
$118K +$12.4K +784 +11%
HSA
111
Hussman Strategic Advisors
Maryland
$117K +$126K +8,000 New
MSA
112
Mason Street Advisors
Wisconsin
$107K -$142 -9 -0.1%
Citigroup
113
Citigroup
New York
$105K +$27.8K +1,760 +33%
PI
114
PineBridge Investments
New York
$99K +$10.1K +641 +10%
Teacher Retirement System of Texas
115
Teacher Retirement System of Texas
Texas
$95K +$69.9K +4,427 +210%
Canada Life
116
Canada Life
Manitoba, Canada
$78K
Group One Trading
117
Group One Trading
Illinois
$66K -$71.9K -4,554 -50%
PAM
118
Paradigm Asset Management
New York
$58.4K -$163K -10,350 -72%
Royal Bank of Canada
119
Royal Bank of Canada
Ontario, Canada
$55K -$25.7K -1,629 -30%
TRCT
120
Tower Research Capital (TRC)
New York
$33K +$35.2K +2,229 +24,767%
LIA
121
LS Investment Advisors
Michigan
$25K -$2.04K -129 -7%
UBS Group
122
UBS Group
Switzerland
$24K -$410 -26 -2%
BlackRock
123
BlackRock
New York
$17K -$7.01K -444 -28%
Carson Wealth (CWM LLC)
124
Carson Wealth (CWM LLC)
Nebraska
$16K +$17.6K +1,118 New
LTFS
125
Ladenburg Thalmann Financial Services
Florida
$15K

ADTN Hedge Fund Activity: Q3 2015 in Review

137 of the 3,582 institutional investors tracked by Wall St. Rank reported a position in Adtran (ADTN) for Q3 2015, worth a combined $700M — down 13% from $803M a quarter earlier.

Sellers outnumbered buyers: 17 funds closed out of ADTN and 12 opened new positions — a net loss of 5 holders — while 53 trimmed existing stakes and 48 added.

The largest buyer was Victory Capital Management, adding an estimated $19.2M. The largest seller was Royce & Associates, cutting an estimated $15.2M.

  • 137 institutional investors held Adtran (ADTN) as of Q3 2015, down from 144 in Q2 2015.
  • Funds reported $700M of Adtran stock for Q3 2015, down 13% quarter-over-quarter.
  • 12 funds opened new Adtran positions in Q3 2015 and 17 closed out, a net change of -5 holders.
  • The largest Adtran buyer in Q3 2015 was Victory Capital Management, an estimated $19.2M added.
  • The largest Adtran seller in Q3 2015 was Royce & Associates, an estimated $15.2M sold.

Based on aggregated 13F filings for Q3 2015.