Adtran
ADTN
165 hedge funds and large institutions have $523M invested in Adtran in 2023 Q3 according to their latest regulatory filings, with 22 funds opening new positions, 65 increasing their positions, 63 reducing their positions, and 21 closing their positions.
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
14% more call options, than puts
Call options by funds: $747K | Put options by funds: $655K
5% more first-time investments, than exits
New positions opened: 22 | Existing positions closed: 21
3% more repeat investments, than reductions
Existing positions increased: 65 | Existing positions reduced: 63
0% more funds holding
Funds holding: 165 → 165 (0)
1.55% less ownership
Funds ownership: 82.32% → 80.77% (-1.5%)
23% less capital invested
Capital invested by funds: $679M → $523M (-$156M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
William Blair Investment Management
Chicago,
Illinois
|
+$7.78M |
| 2 |
DCM
Divisar Capital Management
San Francisco,
California
|
+$6.98M |
| 3 |
Morgan Stanley
New York
|
+$5.38M |
| 4 |
PCMI
Paradigm Capital Management Inc
Albany,
New York
|
+$5.14M |
| 5 |
Russell Investments Group
London,
United Kingdom
|
+$3.74M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SSA
Schonfeld Strategic Advisors
New York
|
-$15.1M |
| 2 |
HP
Harvey Partners
Tarrytown,
New York
|
-$11.5M |
| 3 |
CCM
Cinctive Capital Management
New York
|
-$8.97M |
| 4 |
AAP
Ardsley Advisory Partners
Stamford,
Connecticut
|
-$5M |
| 5 |
Dimensional Fund Advisors
Austin,
Texas
|
-$4.91M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
II
176
Inspire Investing
Meridian,
Idaho
| – | -$313K | -29,722 | Closed |
|
177
Wolverine Trading
Chicago,
Illinois
| – | -$256K | -24,203 | Closed |
|
178
Franklin Resources
San Mateo,
California
| – | -$226K | -21,465 | Closed |
|
|
GWP
179
Gateway Wealth Partners
Appleton,
Wisconsin
| – | -$204K | -19,400 | Closed |
|
180
Corient Private Wealth
Miami,
Florida
| – | -$171K | -16,227 | Closed |
|
|
FWA
181
Freedom Wealth Alliance
Brookfield,
Wisconsin
| – | -$145K | -13,266 | Closed |
|
|
NRD
182
Nebula Research & Development
New York
| – | -$137K | -13,010 | Closed |
|
|
ECM
183
Evergreen Capital Management
Bellevue,
Washington
| – | -$114K | -10,848 | Closed |
|
|
UB
184
UMB Bank
Kansas City,
Missouri
| – | -$5.77K | -548 | Closed |
|
|
MPWT
185
MassMutual Private Wealth & Trust
Windsor,
Connecticut
| – | -$4.13K | -392 | Closed |
|
|
C
186
Covestor
London,
United Kingdom
| – | +$169 | +19 | +86% |
|
ADTN Hedge Fund Activity: Q3 2023 in Review
165 of the 6,301 institutional investors tracked by Wall St. Rank reported a position in Adtran (ADTN) for Q3 2023, worth a combined $523M — down 23% from $679M a quarter earlier.
Buyers outnumbered sellers: 22 funds opened new ADTN positions and 21 closed out — a net gain of 1 holder — while 65 added to existing stakes and 63 trimmed.
The largest buyer was William Blair Investment Management, adding an estimated $7.78M. The largest seller was Schonfeld Strategic Advisors, exiting entirely with an estimated $15.1M sold.
- 165 institutional investors held Adtran (ADTN) as of Q3 2023, unchanged from Q2 2023.
- Funds reported $523M of Adtran stock for Q3 2023, down 23% quarter-over-quarter.
- 22 funds opened new Adtran positions in Q3 2023 and 21 closed out, a net change of +1 holder.
- The largest Adtran buyer in Q3 2023 was William Blair Investment Management, an estimated $7.78M added.
- The largest Adtran seller in Q3 2023 was Schonfeld Strategic Advisors, an estimated $15.1M sold.
Based on aggregated 13F filings for Q3 2023.