Adtran
ADTN
180 hedge funds and large institutions have $873M invested in Adtran in 2017 Q4 according to their latest regulatory filings, with 34 funds opening new positions, 62 increasing their positions, 57 reducing their positions, and 24 closing their positions.
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
42% more first-time investments, than exits
New positions opened: 34 | Existing positions closed: 24
6% more funds holding
Funds holding: 170 → 180 (+10)
9% more repeat investments, than reductions
Existing positions increased: 62 | Existing positions reduced: 57
1% less ownership
Funds ownership: 94.76% → 93.76% (-1%)
20% less capital invested
Capital invested by funds: $1.09B → $873M (-$214M)
67% less call options, than puts
Call options by funds: $902K | Put options by funds: $2.7M
Top Buyers
| 1 |
MWNA
Marshall Wace North America
New York
|
+$7.16M |
| 2 |
Thrivent Financial for Lutherans
Minneapolis,
Minnesota
|
+$4.48M |
| 3 |
BlackRock
New York
|
+$4.44M |
| 4 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$3.91M |
| 5 |
Fidelity International
Hamilton,
Bermuda
|
+$3.38M |
Top Sellers
| 1 |
Victory Capital Management
San Antonio,
Texas
|
-$18.3M |
| 2 |
GIP
Granite Investment Partners
El Segundo,
California
|
-$13.5M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
-$9.47M |
| 4 |
NFA
Nationwide Fund Advisors
Columbus,
Ohio
|
-$5.37M |
| 5 |
NC
Nokomis Capital
Dallas,
Texas
|
-$3.85M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
LTFS
201
Ladenburg Thalmann Financial Services
Miami,
Florida
| – | -$5K | -214 | Closed |
|
202
AssetMark Inc
Concord,
California
| – | +$377 | +17 | New |
|
ADTN Hedge Fund Activity: Q4 2017 in Review
180 of the 4,409 institutional investors tracked by Wall St. Rank reported a position in Adtran (ADTN) for Q4 2017, worth a combined $873M — down 20% from $1.09B a quarter earlier.
Buyers outnumbered sellers: 34 funds opened new ADTN positions and 24 closed out — a net gain of 10 holders — while 62 added to existing stakes and 57 trimmed.
The largest buyer was Marshall Wace North America, opening a new position worth an estimated $7.16M. The largest seller was Victory Capital Management, cutting an estimated $18.3M.
- 180 institutional investors held Adtran (ADTN) as of Q4 2017, up from 170 in Q3 2017.
- Funds reported $873M of Adtran stock for Q4 2017, down 20% quarter-over-quarter.
- 34 funds opened new Adtran positions in Q4 2017 and 24 closed out, a net change of +10 holders.
- The largest Adtran buyer in Q4 2017 was Marshall Wace North America, an estimated $7.16M added.
- The largest Adtran seller in Q4 2017 was Victory Capital Management, an estimated $18.3M sold.
Based on aggregated 13F filings for Q4 2017.