Adtran
ADTN
142 hedge funds and large institutions have $363M invested in Adtran in 2020 Q1 according to their latest regulatory filings, with 18 funds opening new positions, 49 increasing their positions, 49 reducing their positions, and 17 closing their positions.
7.06% more ownership
Funds ownership: 91% → 98.06% (+7.1%)
6% more first-time investments, than exits
New positions opened: 18 | Existing positions closed: 17
0% more repeat investments, than reductions
Existing positions increased: 49 | Existing positions reduced: 49
1% less funds holding
Funds holding: 143 → 142 (-1)
16% less capital invested
Capital invested by funds: $430M → $363M (-$67.5M)
39% less call options, than puts
Call options by funds: $1.6M | Put options by funds: $2.63M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Victory Capital Management
San Antonio,
Texas
|
+$29.1M |
| 2 |
HCM
Horrell Capital Management
Little Rock,
Arkansas
|
+$2.41M |
| 3 |
HP
Harvey Partners
Tarrytown,
New York
|
+$2.25M |
| 4 |
KCM
Kornitzer Capital Management
Shawnee Mission,
Kansas
|
+$1.98M |
| 5 |
Acadian Asset Management
Boston,
Massachusetts
|
+$1.94M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Renaissance Technologies
New York
|
-$2.95M |
| 2 |
Dimensional Fund Advisors
Austin,
Texas
|
-$1.84M |
| 3 |
Grantham, Mayo, Van Otterloo & Co (GMO)
Boston,
Massachusetts
|
-$1.49M |
| 4 |
OAM
Oxford Asset Management
Oxford,
United Kingdom
|
-$1.26M |
| 5 |
DRZID
DePrince Race & Zollo Inc (DRZ)
Winter Park,
Florida
|
-$1.11M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
MFG
151
Magnus Financial Group
New York
| – | -$109K | -11,054 | Closed |
|
152
Simplex Trading
Chicago,
Illinois
| – | -$91.2K | -10,676 | Closed |
|
153
Tudor Investment Corp
Stamford,
Connecticut
| – | -$102K | -10,341 | Closed |
|
|
MIFH
154
Migdal Insurance & Financial Holdings
Petach Tikva,
Israel
| – | -$95K | -9,585 | Closed |
|
|
CG
155
Cutler Group
San Francisco,
California
| – | -$2.51K | -294 | Closed |
|
|
HGWM
156
Harvest Group Wealth Management
Waltham,
Massachusetts
| – | -$1K | -149 | Closed |
|
|
PFBT
157
Parkside Financial Bank & Trust
Saint Louis,
Missouri
| – | -$1K | -69 | Closed |
|
158
Fidelity Investments
Boston,
Massachusetts
| – | +$9 | +1 | New |
|
159
Osaic Holdings
Scottsdale,
Arizona
| – | +$495 | +58 | New |
|
ADTN Hedge Fund Activity: Q1 2020 in Review
142 of the 4,539 institutional investors tracked by Wall St. Rank reported a position in Adtran (ADTN) for Q1 2020, worth a combined $363M — down 16% from $430M a quarter earlier.
Buyers outnumbered sellers: 18 funds opened new ADTN positions and 17 closed out — a net gain of 1 holder — while 49 added to existing stakes and 49 trimmed.
The largest buyer was Victory Capital Management, adding an estimated $29.1M. The largest seller was Renaissance Technologies, cutting an estimated $2.95M.
- 142 institutional investors held Adtran (ADTN) as of Q1 2020, down from 143 in Q4 2019.
- Funds reported $363M of Adtran stock for Q1 2020, down 16% quarter-over-quarter.
- 18 funds opened new Adtran positions in Q1 2020 and 17 closed out, a net change of +1 holder.
- The largest Adtran buyer in Q1 2020 was Victory Capital Management, an estimated $29.1M added.
- The largest Adtran seller in Q1 2020 was Renaissance Technologies, an estimated $2.95M sold.
Based on aggregated 13F filings for Q1 2020.