Adtran
ADTN
172 hedge funds and large institutions have $875M invested in Adtran in 2016 Q2 according to their latest regulatory filings, with 26 funds opening new positions, 59 increasing their positions, 58 reducing their positions, and 16 closing their positions.
81% more call options, than puts
Call options by funds: $2.36M | Put options by funds: $1.3M
63% more first-time investments, than exits
New positions opened: 26 | Existing positions closed: 16
5% more funds holding
Funds holding: 164 → 172 (+8)
2% more repeat investments, than reductions
Existing positions increased: 59 | Existing positions reduced: 58
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
10% less capital invested
Capital invested by funds: $970M → $875M (-$95.3M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
+$13.3M |
| 2 |
Victory Capital Management
San Antonio,
Texas
|
+$8.8M |
| 3 |
Fuller & Thaler Asset Management
San Mateo,
California
|
+$7.93M |
| 4 |
CCM
Coe Capital Management
Highland Park,
Illinois
|
+$3.07M |
| 5 |
Vanguard Group
Malvern,
Pennsylvania
|
+$2.64M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$37.4M |
| 2 |
DRZID
DePrince Race & Zollo Inc (DRZ)
Winter Park,
Florida
|
-$9.11M |
| 3 |
Westfield Capital Management
Boston,
Massachusetts
|
-$6.23M |
| 4 |
Morgan Stanley
New York
|
-$5.53M |
| 5 |
SCM
SG Capital Management
Chicago,
Illinois
|
-$4.99M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
176
Squarepoint
New York
| – | -$584K | -28,900 | Closed |
|
|
HIM
177
Hillsdale Investment Management
Toronto,
Ontario, Canada
| – | -$457K | -22,600 | Closed |
|
|
AL
178
Airain Ltd
St. Peter Port,
Guernsey
| – | -$340K | -16,823 | Closed |
|
|
QC
179
Quadrature Capital
London,
United Kingdom
| – | -$328K | -16,241 | Closed |
|
|
ACI
180
AMP Capital Investors
Sydney,
Australia
| – | -$211K | -10,300 | Closed |
|
|
DTL
181
Dynamic Technology Lab
Singapore
| – | -$200K | -9,885 | Closed |
|
182
Walleye Trading
New York
| – | -$186K | -9,766 | Closed |
|
|
HSA
183
Hussman Strategic Advisors
Ellicott City,
Maryland
| – | -$162K | -8,000 | Closed |
|
|
CG
184
Cutler Group
San Francisco,
California
| – | -$20.9K | -1,098 | Closed |
|
|
CCS
185
Crosspoint Capital Strategies
Orinda,
California
| – | -$7K | -334 | Closed |
|
|
TDC
186
Thompson Davis & Co
Richmond,
Virginia
| – | -$5K | -250 | Closed |
|
|
HNB
187
Huntington National Bank
Columbus,
Ohio
| – | -$5K | -246 | Closed |
|
188
Carson Wealth (CWM LLC)
Omaha,
Nebraska
| – | -$3K | -167 | Closed |
|
ADTN Hedge Fund Activity: Q2 2016 in Review
172 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in Adtran (ADTN) for Q2 2016, worth a combined $875M — down 9.8% from $970M a quarter earlier.
Buyers outnumbered sellers: 26 funds opened new ADTN positions and 16 closed out — a net gain of 10 holders — while 59 added to existing stakes and 58 trimmed.
The largest buyer was Citadel Advisors, adding an estimated $13.3M. The largest seller was T. Rowe Price Associates, cutting an estimated $37.4M.
- 172 institutional investors held Adtran (ADTN) as of Q2 2016, up from 164 in Q1 2016.
- Funds reported $875M of Adtran stock for Q2 2016, down 9.8% quarter-over-quarter.
- 26 funds opened new Adtran positions in Q2 2016 and 16 closed out, a net change of +10 holders.
- The largest Adtran buyer in Q2 2016 was Citadel Advisors, an estimated $13.3M added.
- The largest Adtran seller in Q2 2016 was T. Rowe Price Associates, an estimated $37.4M sold.
Based on aggregated 13F filings for Q2 2016.