Adtran
ADTN
153 hedge funds and large institutions have $1.52B invested in Adtran in 2013 Q3 according to their latest regulatory filings, with 23 funds opening new positions, 45 increasing their positions, 66 reducing their positions, and 16 closing their positions.
196% more call options, than puts
Call options by funds: $12.9M | Put options by funds: $4.37M
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
44% more first-time investments, than exits
New positions opened: 23 | Existing positions closed: 16
4% more funds holding
Funds holding: 147 → 153 (+6)
2% more capital invested
Capital invested by funds: $1.48B → $1.52B (+$36.9M)
32% less repeat investments, than reductions
Existing positions increased: 45 | Existing positions reduced: 66
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
+$47.1M |
| 2 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$16.9M |
| 3 |
RCAMU
Rothschild & Co Asset Management US
Stamford,
Connecticut
|
+$15M |
| 4 |
CCM
Cadence Capital Management
Boston,
Massachusetts
|
+$8.86M |
| 5 |
KCM
Kingdon Capital Management
New York
|
+$6.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$53.2M |
| 2 |
TCM
TimesSquare Capital Management
New York
|
-$34.2M |
| 3 |
Kayne Anderson Rudnick Investment Management
Los Angeles,
California
|
-$31.6M |
| 4 |
SCA
SAC Capital Advisors
Stamford,
Connecticut
|
-$23.4M |
| 5 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$19.1M |
ADTN Hedge Fund Activity: Q3 2013 in Review
153 of the 3,096 institutional investors tracked by Wall St. Rank reported a position in Adtran (ADTN) for Q3 2013, worth a combined $1.52B — up 2.5% from $1.48B a quarter earlier.
Buyers outnumbered sellers: 23 funds opened new ADTN positions and 16 closed out — a net gain of 7 holders — while 45 added to existing stakes and 66 trimmed.
The largest buyer was Citadel Advisors, adding an estimated $47.1M. The largest seller was Fidelity Investments, cutting an estimated $53.2M.
- 153 institutional investors held Adtran (ADTN) as of Q3 2013, up from 147 in Q2 2013.
- Funds reported $1.52B of Adtran stock for Q3 2013, up 2.5% quarter-over-quarter.
- 23 funds opened new Adtran positions in Q3 2013 and 16 closed out, a net change of +7 holders.
- The largest Adtran buyer in Q3 2013 was Citadel Advisors, an estimated $47.1M added.
- The largest Adtran seller in Q3 2013 was Fidelity Investments, an estimated $53.2M sold.
Based on aggregated 13F filings for Q3 2013.