Adtran
ADTN
164 hedge funds and large institutions have $970M invested in Adtran in 2016 Q1 according to their latest regulatory filings, with 39 funds opening new positions, 54 increasing their positions, 51 reducing their positions, and 22 closing their positions.
90% more call options, than puts
Call options by funds: $4.12M | Put options by funds: $2.16M
77% more first-time investments, than exits
New positions opened: 39 | Existing positions closed: 22
19% more capital invested
Capital invested by funds: $816M → $970M (+$154M)
11% more funds holding
Funds holding: 148 → 164 (+16)
6% more repeat investments, than reductions
Existing positions increased: 54 | Existing positions reduced: 51
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
Top Buyers
Top Sellers
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
LCP
176
Lombardia Capital Partners
Pasadena,
California
| – | -$311K | -18,061 | Closed |
|
|
UB
177
UMB Bank
Kansas City,
Missouri
| – | -$310K | -18,025 | Closed |
|
|
PP
178
Paloma Partners
Greenwich,
Connecticut
| – | -$250K | -14,530 | Closed |
|
|
NI
179
Numeric Investors
Boston,
Massachusetts
| – | -$227K | -13,200 | Closed |
|
|
CT
180
Chicago Trust
Grayslake,
Illinois
| – | -$205K | -11,912 | Closed |
|
|
DC
181
Deere & Company
Moline,
Illinois
| – | -$174K | -10,117 | Closed |
|
|
PCM
182
Prelude Capital Management
New York
| – | -$65K | -3,766 | Closed |
|
183
Parallax Volatility Advisers
San Francisco,
California
| – | -$14K | -832 | Closed |
|
|
GH
184
GAM Holding
Zurich,
Switzerland
| – | -$9K | -541 | Closed |
|
|
VFA
185
Virtus Fund Advisers
Hartford,
Connecticut
| – | -$3K | -176 | Closed |
|
186
Fifth Third Bancorp
Cincinnati,
Ohio
| – | -$2K | -138 | Closed |
|
ADTN Hedge Fund Activity: Q1 2016 in Review
164 of the 3,753 institutional investors tracked by Wall St. Rank reported a position in Adtran (ADTN) for Q1 2016, worth a combined $970M — up 19% from $816M a quarter earlier.
Buyers outnumbered sellers: 39 funds opened new ADTN positions and 22 closed out — a net gain of 17 holders — while 54 added to existing stakes and 51 trimmed.
The largest buyer was Victory Capital Management, adding an estimated $27M. The largest seller was Alyeska Investment Group, exiting entirely with an estimated $14M sold.
- 164 institutional investors held Adtran (ADTN) as of Q1 2016, up from 148 in Q4 2015.
- Funds reported $970M of Adtran stock for Q1 2016, up 19% quarter-over-quarter.
- 39 funds opened new Adtran positions in Q1 2016 and 22 closed out, a net change of +17 holders.
- The largest Adtran buyer in Q1 2016 was Victory Capital Management, an estimated $27M added.
- The largest Adtran seller in Q1 2016 was Alyeska Investment Group, an estimated $14M sold.
Based on aggregated 13F filings for Q1 2016.