Adtran
ADTN
148 hedge funds and large institutions have $816M invested in Adtran in 2015 Q4 according to their latest regulatory filings, with 25 funds opening new positions, 48 increasing their positions, 55 reducing their positions, and 13 closing their positions.
236% more call options, than puts
Call options by funds: $7.88M | Put options by funds: $2.35M
92% more first-time investments, than exits
New positions opened: 25 | Existing positions closed: 13
17% more capital invested
Capital invested by funds: $700M → $816M (+$117M)
8% more funds holding
Funds holding: 137 → 148 (+11)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
13% less repeat investments, than reductions
Existing positions increased: 48 | Existing positions reduced: 55
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SAM
Skyline Asset Management
Chicago,
Illinois
|
+$13.7M |
| 2 |
Fuller & Thaler Asset Management
San Mateo,
California
|
+$9.57M |
| 3 |
ZDA
Zweig-DiMenna Associates
New York
|
+$8.99M |
| 4 |
Millennium Management
New York
|
+$5.3M |
| 5 |
Renaissance Technologies
New York
|
+$4.43M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$15.7M |
| 2 |
LCP
Lombardia Capital Partners
Pasadena,
California
|
-$11.5M |
| 3 |
Alyeska Investment Group
Chicago,
Illinois
|
-$8.57M |
| 4 |
Goldman Sachs
New York
|
-$5.41M |
| 5 |
BIM
Bogle Investment Management
Newton Lower Falls,
Massachusetts
|
-$4.64M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
BA
151
Boston Advisors
Boston,
Massachusetts
| – | -$2.41M | -164,827 | Closed |
|
|
VIA
152
Vident Investment Advisory
Alpharetta,
Georgia
| – | -$897K | -61,423 | Closed |
|
|
GAM
153
Gotham Asset Management
New York
| – | -$795K | -54,425 | Closed |
|
|
BFM
154
Boothbay Fund Management
New York
| – | -$664K | -45,449 | Closed |
|
|
AL
155
Airain Ltd
St. Peter Port,
Guernsey
| – | -$505K | -34,563 | Closed |
|
|
PAM
156
Princeton Alpha Management
Princeton Junction,
New Jersey
| – | -$287K | -19,654 | Closed |
|
|
MC
157
Menta Capital
San Francisco,
California
| – | -$279K | -19,112 | Closed |
|
|
NCCM
158
Nine Chapters Capital Management
Short Hills,
New Jersey
| – | -$231K | -15,800 | Closed |
|
|
GIA
159
Gateway Investment Advisers
Cincinnati,
Ohio
| – | -$147K | -10,052 | Closed |
|
|
TRCT
160
Tower Research Capital (TRC)
New York
| – | -$33K | -2,238 | Closed |
|
161
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
| – | -$1K | -48 | Closed |
|
ADTN Hedge Fund Activity: Q4 2015 in Review
148 of the 3,812 institutional investors tracked by Wall St. Rank reported a position in Adtran (ADTN) for Q4 2015, worth a combined $816M — up 17% from $700M a quarter earlier.
Buyers outnumbered sellers: 25 funds opened new ADTN positions and 13 closed out — a net gain of 12 holders — while 48 added to existing stakes and 55 trimmed.
The largest buyer was Skyline Asset Management, opening a new position worth an estimated $13.7M. The largest seller was T. Rowe Price Associates, cutting an estimated $15.7M.
- 148 institutional investors held Adtran (ADTN) as of Q4 2015, up from 137 in Q3 2015.
- Funds reported $816M of Adtran stock for Q4 2015, up 17% quarter-over-quarter.
- 25 funds opened new Adtran positions in Q4 2015 and 13 closed out, a net change of +12 holders.
- The largest Adtran buyer in Q4 2015 was Skyline Asset Management, an estimated $13.7M added.
- The largest Adtran seller in Q4 2015 was T. Rowe Price Associates, an estimated $15.7M sold.
Based on aggregated 13F filings for Q4 2015.