Adtran
ADTN
169 hedge funds and large institutions have $471M invested in Adtran in 2023 Q4 according to their latest regulatory filings, with 32 funds opening new positions, 59 increasing their positions, 59 reducing their positions, and 27 closing their positions.
19% more first-time investments, than exits
New positions opened: 32 | Existing positions closed: 27
2% more funds holding
Funds holding: 165 → 169 (+4)
9% more call options, than puts
Call options by funds: $1.09M | Put options by funds: $994K
0.68% more ownership
Funds ownership: 80.77% → 81.45% (+0.68%)
0% more repeat investments, than reductions
Existing positions increased: 59 | Existing positions reduced: 59
10% less capital invested
Capital invested by funds: $523M → $471M (-$52.1M)
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
William Blair Investment Management
Chicago,
Illinois
|
+$8.12M |
| 2 |
Morgan Stanley
New York
|
+$7.63M |
| 3 |
Federated Hermes
Pittsburgh,
Pennsylvania
|
+$7.51M |
| 4 |
DCM
Divisar Capital Management
San Francisco,
California
|
+$7.24M |
| 5 |
Jacobs Levy Equity Management
Florham Park,
New Jersey
|
+$6.24M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of New York Mellon
New York
|
-$14.3M |
| 2 |
DRZID
DePrince Race & Zollo Inc (DRZ)
Winter Park,
Florida
|
-$8.8M |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
-$7.88M |
| 4 |
RA
Royce & Associates
New York
|
-$7.26M |
| 5 |
Russell Investments Group
London,
United Kingdom
|
-$5.44M |
ADTN Hedge Fund Activity: Q4 2023 in Review
169 of the 6,859 institutional investors tracked by Wall St. Rank reported a position in Adtran (ADTN) for Q4 2023, worth a combined $471M — down 10% from $523M a quarter earlier.
Buyers outnumbered sellers: 32 funds opened new ADTN positions and 27 closed out — a net gain of 5 holders — while 59 added to existing stakes and 59 trimmed.
The largest buyer was William Blair Investment Management, adding an estimated $8.12M. The largest seller was Bank of New York Mellon, cutting an estimated $14.3M.
- 169 institutional investors held Adtran (ADTN) as of Q4 2023, up from 165 in Q3 2023.
- Funds reported $471M of Adtran stock for Q4 2023, down 10% quarter-over-quarter.
- 32 funds opened new Adtran positions in Q4 2023 and 27 closed out, a net change of +5 holders.
- The largest Adtran buyer in Q4 2023 was William Blair Investment Management, an estimated $8.12M added.
- The largest Adtran seller in Q4 2023 was Bank of New York Mellon, an estimated $14.3M sold.
Based on aggregated 13F filings for Q4 2023.