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Adtran

221 hedge funds and large institutions have $659M invested in Adtran in 2025 Q3 according to their latest regulatory filings, with 47 funds opening new positions, 83 increasing their positions, 58 reducing their positions, and 19 closing their positions.

New
Increased
Maintained
Reduced
Closed

240% more call options, than puts

Call options by funds: $5.2M | Put options by funds: $1.53M

147% more first-time investments, than exits

New positions opened: 47 | Existing positions closed: 19

43% more repeat investments, than reductions

Existing positions increased: 83 | Existing positions reduced: 58

23% more capital invested

Capital invested by funds: $534M → $659M (+$125M)

15% more funds holding

Funds holding: 193221 (+28)

10.01% more ownership

Funds ownership: 74.39%84.4% (+10%)

0% more funds holding in top 10

Funds holding in top 10: 33 (0)

Holders
221
Holders Change
+28
Holders Change %
+14.51%
% of All Funds
2.9%
Holding in Top 10
3
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.04%
New
47
Increased
83
Reduced
58
Closed
19
Calls
$5.2M
Puts
$1.53M
Net Calls
+$3.67M
Net Calls Change
+$3.53M
Name Holding Trade Value Shares
Change
Change in
Stake
Carson Wealth (CWM LLC)
176
Carson Wealth (CWM LLC)
Nebraska
$71K +$4.51K +484 +7%
C
177
Covestor
United Kingdom
$68K +$4.91K +527 +8%
FIA
178
FNY Investment Advisers
New York
$64K +$63.6K +6,826 New
New York State Teachers Retirement System (NYSTRS)
179
New York State Teachers Retirement System (NYSTRS)
New York
$63K -$4.39K -471 -7%
SOW
180
State of Wyoming
Wyoming
$59.6K -$329K -35,318 -85%
AIP
181
Ameritas Investment Partners
Nebraska
$58.3K -$14.4K -1,542 -20%
TRCT
182
Tower Research Capital (TRC)
New York
$50.4K -$261K -28,031 -84%
QL
183
Quarry LP
New York
$36.1K +$35.8K +3,847 New
SOADOR
184
State of Alaska Department of Revenue
Alaska
$36K +$36.1K +3,872 New
GI
185
GAMMA Investing
California
$33.4K -$186 -20 -0.6%
VCM
186
Versant Capital Management
Arizona
$25.5K
AB
187
Amalgamated Bank
New York
$25K
DJSG
188
D.J. St. Germain
Massachusetts
$23.4K
UB
189
UMB Bank
Missouri
$20.6K
Ohio Public Employees Retirement System (OPERS)
190
Ohio Public Employees Retirement System (OPERS)
Ohio
$15.8K -$2.41K -259 -13%
US Bancorp
191
US Bancorp
Minnesota
$15.2K
PE
192
Point72 Europe
United Kingdom
$15.1K +$15K +1,607 New
S
193
SignatureFD
Georgia
$13.6K
AAP
194
Arax Advisory Partners
Colorado
$12.5K +$12.4K +1,332 New
Comerica Bank
195
Comerica Bank
Texas
$11.6K +$755 +81 +7%
Nisa Investment Advisors
196
Nisa Investment Advisors
Missouri
$11.3K
PNC Financial Services Group
197
PNC Financial Services Group
Pennsylvania
$9.9K -$885 -95 -8%
SAM
198
Smartleaf Asset Management
Massachusetts
$7.03K +$3.71K +398 +109%
Optiver Holding
199
Optiver Holding
Netherlands
$6.21K +$6.17K +662 New
TWD
200
True Wealth Design
Ohio
$5.44K

ADTN Hedge Fund Activity: Q3 2025 in Review

221 of the 7,619 institutional investors tracked by Wall St. Rank reported a position in Adtran (ADTN) for Q3 2025, worth a combined $659M — up 23% from $534M a quarter earlier.

Buyers outnumbered sellers: 47 funds opened new ADTN positions and 19 closed out — a net gain of 28 holders — while 83 added to existing stakes and 58 trimmed.

The largest buyer was Ophir Asset Management, opening a new position worth an estimated $11.2M. The largest seller was Divisar Capital Management, cutting an estimated $9.47M.

  • 221 institutional investors held Adtran (ADTN) as of Q3 2025, up from 193 in Q2 2025.
  • Funds reported $659M of Adtran stock for Q3 2025, up 23% quarter-over-quarter.
  • 47 funds opened new Adtran positions in Q3 2025 and 19 closed out, a net change of +28 holders.
  • The largest Adtran buyer in Q3 2025 was Ophir Asset Management, an estimated $11.2M added.
  • The largest Adtran seller in Q3 2025 was Divisar Capital Management, an estimated $9.47M sold.

Based on aggregated 13F filings for Q3 2025.