Adtran
ADTN
160 hedge funds and large institutions have $1.03B invested in Adtran in 2016 Q4 according to their latest regulatory filings, with 24 funds opening new positions, 56 increasing their positions, 54 reducing their positions, and 25 closing their positions.
1,503% more call options, than puts
Call options by funds: $14.5M | Put options by funds: $905K
95% more ownership
Funds ownership: 0% → 95% (+95%)
16% more capital invested
Capital invested by funds: $883M → $1.03B (+$145M)
4% more repeat investments, than reductions
Existing positions increased: 56 | Existing positions reduced: 54
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
4% less first-time investments, than exits
New positions opened: 24 | Existing positions closed: 25
2% less funds holding
Funds holding: 163 → 160 (-3)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Victory Capital Management
San Antonio,
Texas
|
+$8.99M |
| 2 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
+$8.52M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
+$6.77M |
| 4 |
Fidelity International
Hamilton,
Bermuda
|
+$4.53M |
| 5 |
Morgan Stanley
New York
|
+$2.59M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$11.4M |
| 2 |
Alyeska Investment Group
Chicago,
Illinois
|
-$10.2M |
| 3 |
VBA
Van Berkom & Associates
Montreal,
Quebec, Canada
|
-$3.93M |
| 4 |
MPAM
Monarch Partners Asset Management
Boston,
Massachusetts
|
-$3.63M |
| 5 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$3.06M |
ADTN Hedge Fund Activity: Q4 2016 in Review
160 of the 4,008 institutional investors tracked by Wall St. Rank reported a position in Adtran (ADTN) for Q4 2016, worth a combined $1.03B — up 16% from $883M a quarter earlier.
Sellers outnumbered buyers: 25 funds closed out of ADTN and 24 opened new positions — a net loss of 1 holder — while 54 trimmed existing stakes and 56 added.
The largest buyer was Victory Capital Management, adding an estimated $8.99M. The largest seller was Arrowstreet Capital, exiting entirely with an estimated $11.4M sold.
- 160 institutional investors held Adtran (ADTN) as of Q4 2016, down from 163 in Q3 2016.
- Funds reported $1.03B of Adtran stock for Q4 2016, up 16% quarter-over-quarter.
- 24 funds opened new Adtran positions in Q4 2016 and 25 closed out, a net change of -1 holder.
- The largest Adtran buyer in Q4 2016 was Victory Capital Management, an estimated $8.99M added.
- The largest Adtran seller in Q4 2016 was Arrowstreet Capital, an estimated $11.4M sold.
Based on aggregated 13F filings for Q4 2016.