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Adtran

172 hedge funds and large institutions have $875M invested in Adtran in 2016 Q2 according to their latest regulatory filings, with 26 funds opening new positions, 59 increasing their positions, 58 reducing their positions, and 16 closing their positions.

New
Increased
Maintained
Reduced
Closed

81% more call options, than puts

Call options by funds: $2.36M | Put options by funds: $1.3M

63% more first-time investments, than exits

New positions opened: 26 | Existing positions closed: 16

5% more funds holding

Funds holding: 164172 (+8)

2% more repeat investments, than reductions

Existing positions increased: 59 | Existing positions reduced: 58

0% more funds holding in top 10

Funds holding in top 10: 11 (0)

10% less capital invested

Capital invested by funds: $970M → $875M (-$95.3M)

Holders
172
Holders Change
+8
Holders Change %
+4.88%
% of All Funds
4.59%
Holding in Top 10
1
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.03%
New
26
Increased
59
Reduced
58
Closed
16
Calls
$2.36M
Puts
$1.3M
Net Calls
+$1.06M
Net Calls Change
-$897K
Name Holding Trade Value Shares
Change
Change in
Stake
T. Rowe Price Associates
1
T. Rowe Price Associates
Maryland
$85.1M -$37.4M -1,964,627 -30%
Vanguard Group
2
Vanguard Group
Pennsylvania
$75M +$2.64M +138,356 +4%
Victory Capital Management
3
Victory Capital Management
Texas
$61.7M +$8.8M +462,199 +16%
BFA
4
BlackRock Fund Advisors
California
$60.3M +$1.78M +93,523 +3%
Dimensional Fund Advisors
5
Dimensional Fund Advisors
Texas
$49.5M +$903K +47,404 +2%
Fuller & Thaler Asset Management
6
Fuller & Thaler Asset Management
California
$45.9M +$7.93M +416,275 +20%
VBA
7
Van Berkom & Associates
Quebec, Canada
$41M -$1.86M -97,870 -4%
Citadel Advisors
8
Citadel Advisors
Florida
$27.3M +$13.3M +697,203 +91%
DRZID
9
DePrince Race & Zollo Inc (DRZ)
Florida
$25.2M -$9.11M -478,351 -26%
BIT
10
BlackRock Institutional Trust
California
$22.6M -$543K -28,517 -2%
State Street
11
State Street
Massachusetts
$20M -$588K -30,869 -3%
Renaissance Technologies
12
Renaissance Technologies
New York
$18.7M -$3.06M -160,700 -14%
EA
13
Emerald Acquisition
Washington
$17.9M +$18.3M +962,092 New
SAM
14
Skyline Asset Management
Illinois
$17.7M
Northern Trust
15
Northern Trust
Illinois
$13.1M +$512K +26,879 +4%
Bank of New York Mellon
16
Bank of New York Mellon
New York
$12.2M -$920K -48,291 -7%
Canada Pension Plan Investment Board
17
Canada Pension Plan Investment Board
Ontario, Canada
$11.5M -$571K -30,000 -5%
Fidelity International
18
Fidelity International
Bermuda
$11.4M +$720K +37,775 +7%
Arrowstreet Capital
19
Arrowstreet Capital
Massachusetts
$11.4M -$1.17M -61,612 -9%
William Blair Investment Management
20
William Blair Investment Management
Illinois
$11M +$1.49M +78,345 +15%
RA
21
Royce & Associates
New York
$9.01M -$467K -24,500 -5%
KCM
22
Kennedy Capital Management
Missouri
$9M -$458K -24,021 -5%
HA
23
Heartland Advisors
Wisconsin
$8.18M +$1.18M +62,126 +16%
RSCM
24
Rail-Splitter Capital Management
Illinois
$7.95M +$1.54M +81,009 +23%
Norges Bank
25
Norges Bank
Norway
$7.33M -$1.79M -94,192 -19%

ADTN Hedge Fund Activity: Q2 2016 in Review

172 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in Adtran (ADTN) for Q2 2016, worth a combined $875M — down 9.8% from $970M a quarter earlier.

Buyers outnumbered sellers: 26 funds opened new ADTN positions and 16 closed out — a net gain of 10 holders — while 59 added to existing stakes and 58 trimmed.

The largest buyer was Citadel Advisors, adding an estimated $13.3M. The largest seller was T. Rowe Price Associates, cutting an estimated $37.4M.

  • 172 institutional investors held Adtran (ADTN) as of Q2 2016, up from 164 in Q1 2016.
  • Funds reported $875M of Adtran stock for Q2 2016, down 9.8% quarter-over-quarter.
  • 26 funds opened new Adtran positions in Q2 2016 and 16 closed out, a net change of +10 holders.
  • The largest Adtran buyer in Q2 2016 was Citadel Advisors, an estimated $13.3M added.
  • The largest Adtran seller in Q2 2016 was T. Rowe Price Associates, an estimated $37.4M sold.

Based on aggregated 13F filings for Q2 2016.