Adtran
ADTN
145 hedge funds and large institutions have $804M invested in Adtran in 2015 Q2 according to their latest regulatory filings, with 25 funds opening new positions, 56 increasing their positions, 45 reducing their positions, and 27 closing their positions.
64% more call options, than puts
Call options by funds: $3.52M | Put options by funds: $2.15M
24% more repeat investments, than reductions
Existing positions increased: 56 | Existing positions reduced: 45
7% less first-time investments, than exits
New positions opened: 25 | Existing positions closed: 27
1% less funds holding
Funds holding: 147 → 145 (-2)
23% less capital invested
Capital invested by funds: $1.04B → $804M (-$239M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fuller & Thaler Asset Management
San Mateo,
California
|
+$20.3M |
| 2 |
Citadel Advisors
Miami,
Florida
|
+$11.3M |
| 3 |
GAM
Gotham Asset Management
New York
|
+$11.1M |
| 4 |
JGC
J. Goldman & Co
New York
|
+$10.5M |
| 5 |
BIM
Bogle Investment Management
Newton Lower Falls,
Massachusetts
|
+$6.72M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RA
Royce & Associates
New York
|
-$64.6M |
| 2 |
KCM
Kornitzer Capital Management
Shawnee Mission,
Kansas
|
-$52.4M |
| 3 |
CI
Cambiar Investors
Denver,
Colorado
|
-$28.8M |
| 4 |
William Blair & Company
Chicago,
Illinois
|
-$11.5M |
| 5 |
VOYA Investment Management
Atlanta,
Georgia
|
-$9.97M |
ADTN Hedge Fund Activity: Q2 2015 in Review
145 of the 3,730 institutional investors tracked by Wall St. Rank reported a position in Adtran (ADTN) for Q2 2015, worth a combined $804M — down 23% from $1.04B a quarter earlier.
Sellers outnumbered buyers: 27 funds closed out of ADTN and 25 opened new positions — a net loss of 2 holders — while 45 trimmed existing stakes and 56 added.
The largest buyer was Fuller & Thaler Asset Management, opening a new position worth an estimated $20.3M. The largest seller was Royce & Associates, cutting an estimated $64.6M.
- 145 institutional investors held Adtran (ADTN) as of Q2 2015, down from 147 in Q1 2015.
- Funds reported $804M of Adtran stock for Q2 2015, down 23% quarter-over-quarter.
- 25 funds opened new Adtran positions in Q2 2015 and 27 closed out, a net change of -2 holders.
- The largest Adtran buyer in Q2 2015 was Fuller & Thaler Asset Management, an estimated $20.3M added.
- The largest Adtran seller in Q2 2015 was Royce & Associates, an estimated $64.6M sold.
Based on aggregated 13F filings for Q2 2015.