Adtran
ADTN
141 hedge funds and large institutions have $1.24B invested in Adtran in 2014 Q4 according to their latest regulatory filings, with 25 funds opening new positions, 44 increasing their positions, 57 reducing their positions, and 29 closing their positions.
200% more funds holding in top 10
Funds holding in top 10: 1 → 3 (+2)
34% more call options, than puts
Call options by funds: $6.29M | Put options by funds: $4.69M
13% more capital invested
Capital invested by funds: $1.09B → $1.24B (+$143M)
4% less funds holding
Funds holding: 147 → 141 (-6)
14% less first-time investments, than exits
New positions opened: 25 | Existing positions closed: 29
23% less repeat investments, than reductions
Existing positions increased: 44 | Existing positions reduced: 57
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
SG Capital Management
Chicago,
Illinois
|
+$28.2M |
| 2 |
CI
Cambiar Investors
Denver,
Colorado
|
+$25.1M |
| 3 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
+$14M |
| 4 |
Alyeska Investment Group
Chicago,
Illinois
|
+$13M |
| 5 |
Renaissance Technologies
New York
|
+$6.85M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
State Street
Boston,
Massachusetts
|
-$13.5M |
| 2 |
Artisan Partners
Milwaukee,
Wisconsin
|
-$13.5M |
| 3 |
KCM
Kornitzer Capital Management
Shawnee Mission,
Kansas
|
-$10.5M |
| 4 |
RA
Royce & Associates
New York
|
-$9.54M |
| 5 |
Citadel Advisors
Miami,
Florida
|
-$9.22M |
ADTN Hedge Fund Activity: Q4 2014 in Review
141 of the 3,750 institutional investors tracked by Wall St. Rank reported a position in Adtran (ADTN) for Q4 2014, worth a combined $1.24B — up 13% from $1.09B a quarter earlier.
Sellers outnumbered buyers: 29 funds closed out of ADTN and 25 opened new positions — a net loss of 4 holders — while 57 trimmed existing stakes and 44 added.
The largest buyer was SG Capital Management, opening a new position worth an estimated $28.2M. The largest seller was State Street, cutting an estimated $13.5M.
- 141 institutional investors held Adtran (ADTN) as of Q4 2014, down from 147 in Q3 2014.
- Funds reported $1.24B of Adtran stock for Q4 2014, up 13% quarter-over-quarter.
- 25 funds opened new Adtran positions in Q4 2014 and 29 closed out, a net change of -4 holders.
- The largest Adtran buyer in Q4 2014 was SG Capital Management, an estimated $28.2M added.
- The largest Adtran seller in Q4 2014 was State Street, an estimated $13.5M sold.
Based on aggregated 13F filings for Q4 2014.