Adtran
ADTN
163 hedge funds and large institutions have $937M invested in Adtran in 2017 Q1 according to their latest regulatory filings, with 27 funds opening new positions, 54 increasing their positions, 56 reducing their positions, and 19 closing their positions.
193% more call options, than puts
Call options by funds: $2.98M | Put options by funds: $1.02M
42% more first-time investments, than exits
New positions opened: 27 | Existing positions closed: 19
2% more funds holding
Funds holding: 160 → 163 (+3)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
4% less repeat investments, than reductions
Existing positions increased: 54 | Existing positions reduced: 56
1.94% less ownership
Funds ownership: 95% → 93.06% (-1.9%)
9% less capital invested
Capital invested by funds: $1.03B → $937M (-$91.1M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$129M |
| 2 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$13M |
| 3 |
Norges Bank
Oslo,
Norway
|
+$11.5M |
| 4 |
Victory Capital Management
San Antonio,
Texas
|
+$7.73M |
| 5 |
Millennium Management
New York
|
+$6.28M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$65.7M |
| 2 |
DRZID
DePrince Race & Zollo Inc (DRZ)
Winter Park,
Florida
|
-$8.46M |
| 3 |
JGC
J. Goldman & Co
New York
|
-$5.79M |
| 4 |
Russell Investments Group
London,
United Kingdom
|
-$5.2M |
| 5 |
MPAM
Monarch Partners Asset Management
Boston,
Massachusetts
|
-$3.83M |
ADTN Hedge Fund Activity: Q1 2017 in Review
163 of the 4,034 institutional investors tracked by Wall St. Rank reported a position in Adtran (ADTN) for Q1 2017, worth a combined $937M — down 8.9% from $1.03B a quarter earlier.
Buyers outnumbered sellers: 27 funds opened new ADTN positions and 19 closed out — a net gain of 8 holders — while 54 added to existing stakes and 56 trimmed.
The largest buyer was BlackRock, adding an estimated $129M. The largest seller was T. Rowe Price Associates, cutting an estimated $65.7M.
- 163 institutional investors held Adtran (ADTN) as of Q1 2017, up from 160 in Q4 2016.
- Funds reported $937M of Adtran stock for Q1 2017, down 8.9% quarter-over-quarter.
- 27 funds opened new Adtran positions in Q1 2017 and 19 closed out, a net change of +8 holders.
- The largest Adtran buyer in Q1 2017 was BlackRock, an estimated $129M added.
- The largest Adtran seller in Q1 2017 was T. Rowe Price Associates, an estimated $65.7M sold.
Based on aggregated 13F filings for Q1 2017.