Adtran
ADTN
155 hedge funds and large institutions have $923M invested in Adtran in 2021 Q2 according to their latest regulatory filings, with 27 funds opening new positions, 35 increasing their positions, 67 reducing their positions, and 8 closing their positions.
8,263% more call options, than puts
Call options by funds: $669K | Put options by funds: $8K
238% more first-time investments, than exits
New positions opened: 27 | Existing positions closed: 8
25% more capital invested
Capital invested by funds: $740M → $923M (+$183M)
14% more funds holding
Funds holding: 136 → 155 (+19)
0.56% more ownership
Funds ownership: 91.85% → 92.41% (+0.56%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
48% less repeat investments, than reductions
Existing positions increased: 35 | Existing positions reduced: 67
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BCA
Bernzott Capital Advisors
Camarillo,
California
|
+$13.9M |
| 2 |
Victory Capital Management
San Antonio,
Texas
|
+$3.42M |
| 3 |
Morgan Stanley
New York
|
+$3.28M |
| 4 |
CCM
Cinctive Capital Management
New York
|
+$3.09M |
| 5 |
AAP
Ardsley Advisory Partners
Stamford,
Connecticut
|
+$2.97M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Renaissance Technologies
New York
|
-$3.9M |
| 2 |
JP Morgan Chase
New York
|
-$3.8M |
| 3 |
NIM
Needham Investment Management
New York
|
-$3.77M |
| 4 |
D.E. Shaw & Co
New York
|
-$2.84M |
| 5 |
RA
Royce & Associates
New York
|
-$2.48M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
TWA
151
TCI Wealth Advisors
Tucson,
Arizona
| $3K | +$2.38K | +123 | New |
|
|
TFO
152
Tarbox Family Office
Newport Beach,
California
| $1K | – | – | – |
|
|
AIG
153
American International Group
New York
| $647 | -$10.8K | -561 | -2% |
|
154
Nisa Investment Advisors
St. Louis,
Missouri
| $120 | – | – | – |
|
155
California Public Employees Retirement System
Sacramento,
California
| – | -$1.64M | -98,200 | Closed |
|
|
HF
156
HRT Financial
New York
| – | -$575K | -34,493 | Closed |
|
|
ZIM
157
Zacks Investment Management
Chicago,
Illinois
| – | -$497K | -29,803 | Closed |
|
|
PC
158
Provenire Capital
Eden Prairie,
Minnesota
| – | -$363K | -21,734 | Closed |
|
159
SG Americas Securities
New York
| – | -$277K | -16,597 | Closed |
|
|
VIA
160
Vident Investment Advisory
Alpharetta,
Georgia
| – | -$218K | -13,052 | Closed |
|
|
SFS
161
Sowell Financial Services
North Little Rock,
Arkansas
| – | -$204K | -11,623 | Closed |
|
|
GCP
162
GSA Capital Partners
London,
United Kingdom
| – | -$186K | -11,122 | Closed |
|
|
ADL
163
Asset Dedication LLC
San Francisco,
California
| – | +$193 | +10 | New |
|
ADTN Hedge Fund Activity: Q2 2021 in Review
155 of the 5,745 institutional investors tracked by Wall St. Rank reported a position in Adtran (ADTN) for Q2 2021, worth a combined $923M — up 25% from $740M a quarter earlier.
Buyers outnumbered sellers: 27 funds opened new ADTN positions and 8 closed out — a net gain of 19 holders — while 35 added to existing stakes and 67 trimmed.
The largest buyer was Bernzott Capital Advisors, opening a new position worth an estimated $13.9M. The largest seller was Renaissance Technologies, cutting an estimated $3.9M.
- 155 institutional investors held Adtran (ADTN) as of Q2 2021, up from 136 in Q1 2021.
- Funds reported $923M of Adtran stock for Q2 2021, up 25% quarter-over-quarter.
- 27 funds opened new Adtran positions in Q2 2021 and 8 closed out, a net change of +19 holders.
- The largest Adtran buyer in Q2 2021 was Bernzott Capital Advisors, an estimated $13.9M added.
- The largest Adtran seller in Q2 2021 was Renaissance Technologies, an estimated $3.9M sold.
Based on aggregated 13F filings for Q2 2021.