Adtran
ADTN
152 hedge funds and large institutions have $472M invested in Adtran in 2020 Q2 according to their latest regulatory filings, with 27 funds opening new positions, 49 increasing their positions, 49 reducing their positions, and 17 closing their positions.
311% more call options, than puts
Call options by funds: $4.33M | Put options by funds: $1.05M
59% more first-time investments, than exits
New positions opened: 27 | Existing positions closed: 17
30% more capital invested
Capital invested by funds: $363M → $472M (+$109M)
7% more funds holding
Funds holding: 142 → 152 (+10)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
0% more repeat investments, than reductions
Existing positions increased: 49 | Existing positions reduced: 49
8.1% less ownership
Funds ownership: 98.06% → 89.96% (-8.1%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JP Morgan Chase
New York
|
+$8.24M |
| 2 |
KCM
Kornitzer Capital Management
Shawnee Mission,
Kansas
|
+$4.89M |
| 3 |
Alyeska Investment Group
Chicago,
Illinois
|
+$4.43M |
| 4 |
CCM
Cinctive Capital Management
New York
|
+$3.61M |
| 5 |
Citadel Advisors
Miami,
Florida
|
+$2.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Victory Capital Management
San Antonio,
Texas
|
-$33.1M |
| 2 |
Fidelity International
Hamilton,
Bermuda
|
-$14.2M |
| 3 |
Morgan Stanley
New York
|
-$2.87M |
| 4 |
Dimensional Fund Advisors
Austin,
Texas
|
-$2.61M |
| 5 |
HP
Harvey Partners
Tarrytown,
New York
|
-$2.41M |
ADTN Hedge Fund Activity: Q2 2020 in Review
152 of the 4,877 institutional investors tracked by Wall St. Rank reported a position in Adtran (ADTN) for Q2 2020, worth a combined $472M — up 30% from $363M a quarter earlier.
Buyers outnumbered sellers: 27 funds opened new ADTN positions and 17 closed out — a net gain of 10 holders — while 49 added to existing stakes and 49 trimmed.
The largest buyer was JP Morgan Chase, adding an estimated $8.24M. The largest seller was Victory Capital Management, cutting an estimated $33.1M.
- 152 institutional investors held Adtran (ADTN) as of Q2 2020, up from 142 in Q1 2020.
- Funds reported $472M of Adtran stock for Q2 2020, up 30% quarter-over-quarter.
- 27 funds opened new Adtran positions in Q2 2020 and 17 closed out, a net change of +10 holders.
- The largest Adtran buyer in Q2 2020 was JP Morgan Chase, an estimated $8.24M added.
- The largest Adtran seller in Q2 2020 was Victory Capital Management, an estimated $33.1M sold.
Based on aggregated 13F filings for Q2 2020.