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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
RJA
101
Raymond James & Associates
Florida
$164K -$14.1K -1,036 -6%
ZCA
102
Zeke Capital Advisors
Pennsylvania
$162K
MSA
103
Mason Street Advisors
Wisconsin
$159K +$8.9K +653 +5%
TRSOTSOK
104
Teachers Retirement System of the State of Kentucky
Kentucky
$156K
CCIA
105
Campbell & Co Investment Adviser
Maryland
$156K +$179K +13,143 New
XK
106
Xact Kapitalforvaltning
Sweden
$148K
MERSOM
107
Municipal Employees' Retirement System of Michigan
Michigan
$145K +$184K +13,510 New
GCP
108
GSA Capital Partners
United Kingdom
$143K +$181K +13,301 New
EVM
109
Eaton Vance Management
Massachusetts
$140K
PI
110
Putnam Investments
Massachusetts
$133K +$169K +12,400 New
UBS AM
111
UBS AM
Illinois
$132K -$143K -10,498 -46%
GHCM
112
Glen Harbor Capital Management
California
$129K
BCM
113
BlueCrest Capital Management
Jersey
$128K +$163K +11,949 New
LCM
114
Laurion Capital Management
New York
$127K +$161K +11,807 New
SCA
115
Secor Capital Advisors
New York
$123K +$156K +11,471 New
PIA
116
Piedmont Investment Advisors
North Carolina
$122K +$4.67K +343 +3%
Public Employees Retirement Association of Colorado
117
Public Employees Retirement Association of Colorado
Colorado
$121K
HB
118
Homrich & Berg
Georgia
$108K -$33.2K -2,435 -19%
DTL
119
Dynamic Technology Lab
Singapore
$108K -$14K -1,028 -9%
ATFA
120
All Terrain Financial Advisors
Minnesota
$107K
NSEDCP
121
NJ State Employees Deferred Compensation Plan
New Jersey
$107K
MCIM
122
Meadow Creek Investment Management
Georgia
$106K
EP
123
Elkfork Partners
Oregon
$83K
Ohio Public Employees Retirement System (OPERS)
124
Ohio Public Employees Retirement System (OPERS)
Ohio
$74K +$9.89K +726 +12%
SQA
125
Simon Quick Advisors
New Jersey
$68K

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.