Adtran
ADTN
147 hedge funds and large institutions have $1.09B invested in Adtran in 2014 Q3 according to their latest regulatory filings, with 14 funds opening new positions, 47 increasing their positions, 68 reducing their positions, and 20 closing their positions.
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
4% less funds holding
Funds holding: 153 → 147 (-6)
11% less capital invested
Capital invested by funds: $1.23B → $1.09B (-$136M)
14% less call options, than puts
Call options by funds: $3.81M | Put options by funds: $4.41M
30% less first-time investments, than exits
New positions opened: 14 | Existing positions closed: 20
31% less repeat investments, than reductions
Existing positions increased: 47 | Existing positions reduced: 68
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LCP
Lombardia Capital Partners
Pasadena,
California
|
+$15.2M |
| 2 |
HA
Heartland Advisors
Milwaukee,
Wisconsin
|
+$10.3M |
| 3 |
DRZID
DePrince Race & Zollo Inc (DRZ)
Winter Park,
Florida
|
+$6.95M |
| 4 |
VBA
Van Berkom & Associates
Montreal,
Quebec, Canada
|
+$4.56M |
| 5 |
JGC
J. Goldman & Co
New York
|
+$2.53M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Norges Bank
Oslo,
Norway
|
-$13.4M |
| 2 |
KCM
Kornitzer Capital Management
Shawnee Mission,
Kansas
|
-$10.6M |
| 3 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$9.82M |
| 4 |
HW
Hancock Whitney
Gulfport,
Mississippi
|
-$8.52M |
| 5 |
Artisan Partners
Milwaukee,
Wisconsin
|
-$7.13M |
ADTN Hedge Fund Activity: Q3 2014 in Review
147 of the 3,446 institutional investors tracked by Wall St. Rank reported a position in Adtran (ADTN) for Q3 2014, worth a combined $1.09B — down 11% from $1.23B a quarter earlier.
Sellers outnumbered buyers: 20 funds closed out of ADTN and 14 opened new positions — a net loss of 6 holders — while 68 trimmed existing stakes and 47 added.
The largest buyer was Lombardia Capital Partners, adding an estimated $15.2M. The largest seller was Norges Bank, cutting an estimated $13.4M.
- 147 institutional investors held Adtran (ADTN) as of Q3 2014, down from 153 in Q2 2014.
- Funds reported $1.09B of Adtran stock for Q3 2014, down 11% quarter-over-quarter.
- 14 funds opened new Adtran positions in Q3 2014 and 20 closed out, a net change of -6 holders.
- The largest Adtran buyer in Q3 2014 was Lombardia Capital Partners, an estimated $15.2M added.
- The largest Adtran seller in Q3 2014 was Norges Bank, an estimated $13.4M sold.
Based on aggregated 13F filings for Q3 2014.