Adtran
ADTN
163 hedge funds and large institutions have $606M invested in Adtran in 2019 Q1 according to their latest regulatory filings, with 29 funds opening new positions, 64 increasing their positions, 40 reducing their positions, and 20 closing their positions.
60% more repeat investments, than reductions
Existing positions increased: 64 | Existing positions reduced: 40
45% more first-time investments, than exits
New positions opened: 29 | Existing positions closed: 20
27% more capital invested
Capital invested by funds: $477M → $606M (+$129M)
5% more funds holding
Funds holding: 155 → 163 (+8)
0.62% less ownership
Funds ownership: 93.15% → 92.53% (-0.62%)
28% less call options, than puts
Call options by funds: $1.44M | Put options by funds: $2M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$9.53M |
| 2 |
Millennium Management
New York
|
+$7.3M |
| 3 |
Renaissance Technologies
New York
|
+$5.41M |
| 4 |
Ameriprise
Minneapolis,
Minnesota
|
+$4.04M |
| 5 |
AQR Capital Management
Greenwich,
Connecticut
|
+$3.87M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
DRZID
DePrince Race & Zollo Inc (DRZ)
Winter Park,
Florida
|
-$25.4M |
| 2 |
Wellington Management Group
Boston,
Massachusetts
|
-$9.81M |
| 3 |
Russell Investments Group
London,
United Kingdom
|
-$8.57M |
| 4 |
Fuller & Thaler Asset Management
San Mateo,
California
|
-$5.04M |
| 5 |
WG
Winton Group
London,
United Kingdom
|
-$3.15M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
ATFA
176
All Terrain Financial Advisors
Coon Rapids,
Minnesota
| – | -$107K | -10,000 | Closed |
|
177
Simplex Trading
Chicago,
Illinois
| – | -$42.1K | -3,046 | -100% |
|
|
AG
178
Advisor Group
Phoenix,
Arizona
| – | -$2K | -200 | Closed |
|
|
PHK
179
Point72 Hong Kong
Hong Kong
| – | -$2K | -169 | Closed |
|
180
Group One Trading
Chicago,
Illinois
| – | -$1.38K | -100 | -99% |
|
|
BBHC
181
Brown Brothers Harriman & Co
New York
| – | -$1K | -71 | Closed |
|
ADTN Hedge Fund Activity: Q1 2019 in Review
163 of the 4,621 institutional investors tracked by Wall St. Rank reported a position in Adtran (ADTN) for Q1 2019, worth a combined $606M — up 27% from $477M a quarter earlier.
Buyers outnumbered sellers: 29 funds opened new ADTN positions and 20 closed out — a net gain of 9 holders — while 64 added to existing stakes and 40 trimmed.
The largest buyer was Arrowstreet Capital, adding an estimated $9.53M. The largest seller was DePrince Race & Zollo Inc (DRZ), cutting an estimated $25.4M.
- 163 institutional investors held Adtran (ADTN) as of Q1 2019, up from 155 in Q4 2018.
- Funds reported $606M of Adtran stock for Q1 2019, up 27% quarter-over-quarter.
- 29 funds opened new Adtran positions in Q1 2019 and 20 closed out, a net change of +9 holders.
- The largest Adtran buyer in Q1 2019 was Arrowstreet Capital, an estimated $9.53M added.
- The largest Adtran seller in Q1 2019 was DePrince Race & Zollo Inc (DRZ), an estimated $25.4M sold.
Based on aggregated 13F filings for Q1 2019.