Adtran
ADTN
137 hedge funds and large institutions have $443M invested in Adtran in 2020 Q3 according to their latest regulatory filings, with 6 funds opening new positions, 41 increasing their positions, 59 reducing their positions, and 21 closing their positions.
0.3% more ownership
Funds ownership: 89.96% → 90.26% (+0.3%)
6% less capital invested
Capital invested by funds: $472M → $443M (-$28.9M)
10% less funds holding
Funds holding: 152 → 137 (-15)
31% less repeat investments, than reductions
Existing positions increased: 41 | Existing positions reduced: 59
35% less call options, than puts
Call options by funds: $212K | Put options by funds: $328K
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
71% less first-time investments, than exits
New positions opened: 6 | Existing positions closed: 21
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Victory Capital Management
San Antonio,
Texas
|
+$7.67M |
| 2 |
Westfield Capital Management
Boston,
Massachusetts
|
+$6.31M |
| 3 |
RA
Royce & Associates
New York
|
+$4.64M |
| 4 |
NIM
Needham Investment Management
New York
|
+$3.58M |
| 5 |
Goldman Sachs
New York
|
+$1.42M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Alyeska Investment Group
Chicago,
Illinois
|
-$4.69M |
| 2 |
JP Morgan Chase
New York
|
-$2.62M |
| 3 |
Dimensional Fund Advisors
Austin,
Texas
|
-$1.7M |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
-$1.56M |
| 5 |
QI
QS Investors
New York
|
-$1.4M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
151
Wolverine Trading
Chicago,
Illinois
| – | -$121K | -11,227 | Closed |
|
|
TI
152
Trexquant Investment
Stamford,
Connecticut
| – | -$121K | -11,025 | Closed |
|
|
FQ
153
First Quadrant
Glendale,
California
| – | -$119K | -10,925 | Closed |
|
154
Jane Street
New York
| – | -$111K | -10,138 | Closed |
|
|
LIA
155
LS Investment Advisors
Bloomfield Hills,
Michigan
| – | -$15K | -1,341 | Closed |
|
|
PAG
156
Private Advisor Group
Morristown,
New Jersey
| – | -$3K | -250 | Closed |
|
|
ASN
157
Advisory Services Network
Atlanta,
Georgia
| – | +$227 | +20 | New |
|
ADTN Hedge Fund Activity: Q3 2020 in Review
137 of the 4,956 institutional investors tracked by Wall St. Rank reported a position in Adtran (ADTN) for Q3 2020, worth a combined $443M — down 6.1% from $472M a quarter earlier.
Sellers outnumbered buyers: 21 funds closed out of ADTN and 6 opened new positions — a net loss of 15 holders — while 59 trimmed existing stakes and 41 added.
The largest buyer was Victory Capital Management, adding an estimated $7.67M. The largest seller was Alyeska Investment Group, exiting entirely with an estimated $4.69M sold.
- 137 institutional investors held Adtran (ADTN) as of Q3 2020, down from 152 in Q2 2020.
- Funds reported $443M of Adtran stock for Q3 2020, down 6.1% quarter-over-quarter.
- 6 funds opened new Adtran positions in Q3 2020 and 21 closed out, a net change of -15 holders.
- The largest Adtran buyer in Q3 2020 was Victory Capital Management, an estimated $7.67M added.
- The largest Adtran seller in Q3 2020 was Alyeska Investment Group, an estimated $4.69M sold.
Based on aggregated 13F filings for Q3 2020.