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Adtran

164 hedge funds and large institutions have $970M invested in Adtran in 2016 Q1 according to their latest regulatory filings, with 39 funds opening new positions, 54 increasing their positions, 51 reducing their positions, and 22 closing their positions.

New
Increased
Maintained
Reduced
Closed

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

19% more capital invested

Capital invested by funds: $816M → $970M (+$154M)

11% more funds holding

Funds holding: 148164 (+16)

6% more repeat investments, than reductions

Existing positions increased: 54 | Existing positions reduced: 51

0% more funds holding in top 10

Funds holding in top 10: 11 (0)

Holders
164
Holders Change
+16
Holders Change %
+10.81%
% of All Funds
4.37%
Holding in Top 10
1
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.03%
New
39
Increased
54
Reduced
51
Closed
22
Calls
$4.12M
Puts
$2.16M
Net Calls
+$1.96M
Net Calls Change
-$3.57M
Name Holding Trade Value Shares
Change
Change in
Stake
T. Rowe Price Associates
1
T. Rowe Price Associates
Maryland
$132M -$12.3M -667,310 -9%
Vanguard Group
2
Vanguard Group
Pennsylvania
$78.5M +$1.15M +62,025 +2%
BFA
3
BlackRock Fund Advisors
California
$63.5M -$748K -40,455 -1%
Victory Capital Management
4
Victory Capital Management
Texas
$57.6M +$27M +1,462,705 +106%
Dimensional Fund Advisors
5
Dimensional Fund Advisors
Texas
$52.7M +$6.82M +369,029 +17%
VBA
6
Van Berkom & Associates
Quebec, Canada
$46.4M -$2.36M -127,420 -5%
Fuller & Thaler Asset Management
7
Fuller & Thaler Asset Management
California
$41.3M -$10M -541,372 -21%
DRZID
8
DePrince Race & Zollo Inc (DRZ)
Florida
$37M -$11.3M -613,003 -25%
RFC
9
Russell Frank Company
Washington
$27.7M +$6.17M +333,790 +32%
BIT
10
BlackRock Institutional Trust
California
$25.1M +$302K +16,306 +1%
Renaissance Technologies
11
Renaissance Technologies
New York
$23.5M +$4.02M +217,472 +23%
State Street
12
State Street
Massachusetts
$22.3M -$1.09M -58,905 -5%
SAM
13
Skyline Asset Management
Illinois
$19.2M +$1.65M +89,400 +10%
Citadel Advisors
14
Citadel Advisors
Florida
$15.5M -$960K -51,903 -6%
Bank of New York Mellon
15
Bank of New York Mellon
New York
$14.3M +$564K +30,509 +5%
Westfield Capital Management
16
Westfield Capital Management
Massachusetts
$13.7M +$12.5M +677,910 New
Arrowstreet Capital
17
Arrowstreet Capital
Massachusetts
$13.6M +$721K +38,989 +6%
Northern Trust
18
Northern Trust
Illinois
$13.2M +$1.6M +86,509 +15%
Canada Pension Plan Investment Board
19
Canada Pension Plan Investment Board
Ontario, Canada
$13.1M -$2.96M -160,000 -20%
Fidelity International
20
Fidelity International
Bermuda
$11.6M +$1.64M +88,793 +18%
William Blair Investment Management
21
William Blair Investment Management
Illinois
$10.4M +$9.48M +512,806 New
RA
22
Royce & Associates
New York
$10.3M -$740K -40,000 -7%
KCM
23
Kennedy Capital Management
Missouri
$10.2M +$35.9K +1,943 +0.4%
Norges Bank
24
Norges Bank
Norway
$9.85M
Bank of America
25
Bank of America
North Carolina
$9.23M +$2.2M +119,088 +35%

ADTN Hedge Fund Activity: Q1 2016 in Review

164 of the 3,753 institutional investors tracked by Wall St. Rank reported a position in Adtran (ADTN) for Q1 2016, worth a combined $970M — up 19% from $816M a quarter earlier.

Buyers outnumbered sellers: 39 funds opened new ADTN positions and 22 closed out — a net gain of 17 holders — while 54 added to existing stakes and 51 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.

  • 164 institutional investors held Adtran (ADTN) as of Q1 2016, up from 148 in Q4 2015.
  • Funds reported $970M of Adtran stock for Q1 2016, up 19% 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.