Adtran
ADTN
165 hedge funds and large institutions have $977M invested in Adtran in 2016 Q1 according to their latest regulatory filings, with 39 funds opening new positions, 55 increasing their positions, 50 reducing their positions, and 22 closing their positions.
90% more call options, than puts
Call options by funds: $4.12M | Put options by funds: $2.16M
77% more first-time investments, than exits
New positions opened: 39 | Existing positions closed: 22
20% more capital invested
Capital invested by funds: $817M → $977M (+$160M)
11% more funds holding
Funds holding: 149 → 165 (+16)
10% more repeat investments, than reductions
Existing positions increased: 55 | Existing positions reduced: 50
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Victory Capital Management
San Antonio,
Texas
|
+$27M |
| 2 |
Westfield Capital Management
Boston,
Massachusetts
|
+$12.5M |
| 3 |
William Blair Investment Management
Chicago,
Illinois
|
+$9.48M |
| 4 |
Dimensional Fund Advisors
Austin,
Texas
|
+$6.82M |
| 5 |
RSCM
Rail-Splitter Capital Management
Chicago,
Illinois
|
+$6.39M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Alyeska Investment Group
Chicago,
Illinois
|
-$14M |
| 2 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$12.3M |
| 3 |
DRZID
DePrince Race & Zollo Inc (DRZ)
Winter Park,
Florida
|
-$11.3M |
| 4 |
Fuller & Thaler Asset Management
San Mateo,
California
|
-$10M |
| 5 |
ZDA
Zweig-DiMenna Associates
New York
|
-$9.73M |
ADTN Hedge Fund Activity: Q1 2016 in Review
165 of the 3,767 institutional investors tracked by Wall St. Rank reported a position in Adtran (ADTN) for Q1 2016, worth a combined $977M — up 20% from $817M a quarter earlier.
Buyers outnumbered sellers: 39 funds opened new ADTN positions and 22 closed out — a net gain of 17 holders — while 55 added to existing stakes and 50 trimmed.
The largest buyer was Victory Capital Management, adding an estimated $27M. The largest seller was Alyeska Investment Group, exiting entirely with an estimated $14M sold.
- 165 institutional investors held Adtran (ADTN) as of Q1 2016, up from 149 in Q4 2015.
- Funds reported $977M of Adtran stock for Q1 2016, up 20% quarter-over-quarter.
- 39 funds opened new Adtran positions in Q1 2016 and 22 closed out, a net change of +17 holders.
- The largest Adtran buyer in Q1 2016 was Victory Capital Management, an estimated $27M added.
- The largest Adtran seller in Q1 2016 was Alyeska Investment Group, an estimated $14M sold.
Based on aggregated 13F filings for Q1 2016.