Adtran
ADTN
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.
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: 1 → 1 (0)
9% less repeat investments, than reductions
Existing positions increased: 48 | Existing positions reduced: 53
5% less funds holding
Funds holding: 144 → 137 (-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
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Victory Capital Management
San Antonio,
Texas
|
+$19.2M |
| 2 |
Fuller & Thaler Asset Management
San Mateo,
California
|
+$12.6M |
| 3 |
Alyeska Investment Group
Chicago,
Illinois
|
+$10.2M |
| 4 |
Morgan Stanley
New York
|
+$5.2M |
| 5 |
Bank of America
Charlotte,
North Carolina
|
+$3.85M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RA
Royce & Associates
New York
|
-$15.2M |
| 2 |
Goldman Sachs
New York
|
-$12.4M |
| 3 |
LCP
Lombardia Capital Partners
Pasadena,
California
|
-$10.9M |
| 4 |
JGC
J. Goldman & Co
New York
|
-$9.94M |
| 5 |
GAM
Gotham Asset Management
New York
|
-$9.31M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
QT
151
Quantbot Technologies
New York
| – | -$83K | -5,159 | Closed |
|
152
Simplex Trading
Chicago,
Illinois
| – | -$69K | -4,371 | Closed |
|
|
FMT
153
First Mercantile Trust
Cordova,
Tennessee
| – | -$52K | -3,184 | Closed |
|
|
CPP
154
Crow Point Partners
Boston,
Massachusetts
| – | -$33K | -2,000 | Closed |
|
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.