Adtran
ADTN
162 hedge funds and large institutions have $879M invested in Adtran in 2016 Q3 according to their latest regulatory filings, with 20 funds opening new positions, 57 increasing their positions, 55 reducing their positions, and 30 closing their positions.
759% more call options, than puts
Call options by funds: $6.41M | Put options by funds: $746K
4% more repeat investments, than reductions
Existing positions increased: 57 | Existing positions reduced: 55
1% more capital invested
Capital invested by funds: $875M → $879M (+$4.45M)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
6% less funds holding
Funds holding: 172 → 162 (-10)
33% less first-time investments, than exits
New positions opened: 20 | Existing positions closed: 30
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Alyeska Investment Group
Chicago,
Illinois
|
+$9.78M |
| 2 |
DRZID
DePrince Race & Zollo Inc (DRZ)
Winter Park,
Florida
|
+$8.37M |
| 3 |
JGC
J. Goldman & Co
New York
|
+$6.08M |
| 4 |
Renaissance Technologies
New York
|
+$4.59M |
| 5 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
+$4.05M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
-$25.4M |
| 2 |
RSCM
Rail-Splitter Capital Management
Chicago,
Illinois
|
-$7.95M |
| 3 |
Westfield Capital Management
Boston,
Massachusetts
|
-$5.26M |
| 4 |
Victory Capital Management
San Antonio,
Texas
|
-$5.07M |
| 5 |
Millennium Management
New York
|
-$4.42M |
ADTN Hedge Fund Activity: Q3 2016 in Review
162 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in Adtran (ADTN) for Q3 2016, worth a combined $879M — up 0.51% from $875M a quarter earlier.
Sellers outnumbered buyers: 30 funds closed out of ADTN and 20 opened new positions — a net loss of 10 holders — while 55 trimmed existing stakes and 57 added.
The largest buyer was Alyeska Investment Group, opening a new position worth an estimated $9.78M. The largest seller was Citadel Advisors, cutting an estimated $25.4M.
- 162 institutional investors held Adtran (ADTN) as of Q3 2016, down from 172 in Q2 2016.
- Funds reported $879M of Adtran stock for Q3 2016, up 0.51% quarter-over-quarter.
- 20 funds opened new Adtran positions in Q3 2016 and 30 closed out, a net change of -10 holders.
- The largest Adtran buyer in Q3 2016 was Alyeska Investment Group, an estimated $9.78M added.
- The largest Adtran seller in Q3 2016 was Citadel Advisors, an estimated $25.4M sold.
Based on aggregated 13F filings for Q3 2016.