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Adtran

155 hedge funds and large institutions have $905M invested in Adtran in 2017 Q2 according to their latest regulatory filings, with 17 funds opening new positions, 62 increasing their positions, 45 reducing their positions, and 25 closing their positions.

New
Increased
Maintained
Reduced
Closed

289% more call options, than puts

Call options by funds: $2.41M | Put options by funds: $619K

38% more repeat investments, than reductions

Existing positions increased: 62 | Existing positions reduced: 45

0% more funds holding in top 10

Funds holding in top 10: 11 (0)

3% less capital invested

Capital invested by funds: $937M → $905M (-$31.3M)

2.35% less ownership

Funds ownership: 93.06%90.71% (-2.4%)

5% less funds holding

Funds holding: 163155 (-8)

32% less first-time investments, than exits

New positions opened: 17 | Existing positions closed: 25

Holders
155
Holders Change
-8
Holders Change %
-4.91%
% of All Funds
3.86%
Holding in Top 10
1
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.02%
New
17
Increased
62
Reduced
45
Closed
25
Calls
$2.41M
Puts
$619K
Net Calls
+$1.79M
Net Calls Change
-$326K
Name Holding Trade Value Shares
Change
Change in
Stake
BlackRock
1
BlackRock
New York
$122M -$222K -11,095 -0.2%
Vanguard Group
2
Vanguard Group
Pennsylvania
$91.3M -$306K -15,288 -0.3%
Victory Capital Management
3
Victory Capital Management
Texas
$79.2M -$17.5K -872 -0%
Dimensional Fund Advisors
4
Dimensional Fund Advisors
Texas
$62M +$2.62M +130,835 +5%
Fuller & Thaler Asset Management
5
Fuller & Thaler Asset Management
California
$56.8M +$187K +9,325 +0.3%
VBA
6
Van Berkom & Associates
Quebec, Canada
$41.7M +$156K +7,790 +0.4%
Renaissance Technologies
7
Renaissance Technologies
New York
$33.5M +$6.58M +328,600 +25%
State Street
8
State Street
Massachusetts
$27.5M +$1.09M +54,671 +4%
Norges Bank
9
Norges Bank
Norway
$22.3M +$3.16M +157,694 +17%
Fidelity International
10
Fidelity International
Bermuda
$22M +$1.09M +54,687 +5%
Northern Trust
11
Northern Trust
Illinois
$18.9M +$4.95M +247,413 +37%
William Blair Investment Management
12
William Blair Investment Management
Illinois
$17.6M +$3.81M +190,309 +29%
Bank of New York Mellon
13
Bank of New York Mellon
New York
$16.3M +$265K +13,222 +2%
SAM
14
Skyline Asset Management
Illinois
$15.8M -$1.65M -82,500 -10%
Invesco
15
Invesco
Georgia
$12.8M +$5.59M +279,251 +82%
Canada Pension Plan Investment Board
16
Canada Pension Plan Investment Board
Ontario, Canada
$11.5M
GIP
17
Granite Investment Partners
California
$10.9M +$272K +13,585 +3%
RA
18
Royce & Associates
New York
$9.91M
Bank of America
19
Bank of America
North Carolina
$9.41M -$6.38M -318,616 -41%
Arrowstreet Capital
20
Arrowstreet Capital
Massachusetts
$9.36M -$2.96M -147,735 -25%
KCM
21
Kennedy Capital Management
Missouri
$8.71M -$228K -11,406 -3%
Geode Capital Management
22
Geode Capital Management
Massachusetts
$8.63M +$351K +17,555 +4%
Charles Schwab
23
Charles Schwab
California
$8.47M +$505K +25,208 +7%
Principal Financial Group
24
Principal Financial Group
Iowa
$8.09M -$116K -5,777 -1%
Fidelity Investments
25
Fidelity Investments
Massachusetts
$8.07M +$4.9M +244,770 +168%

ADTN Hedge Fund Activity: Q2 2017 in Review

155 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in Adtran (ADTN) for Q2 2017, worth a combined $905M — down 3.3% from $937M a quarter earlier.

Sellers outnumbered buyers: 25 funds closed out of ADTN and 17 opened new positions — a net loss of 8 holders — while 45 trimmed existing stakes and 62 added.

The largest buyer was Renaissance Technologies, adding an estimated $6.58M. The largest seller was T. Rowe Price Associates, cutting an estimated $26.6M.

  • 155 institutional investors held Adtran (ADTN) as of Q2 2017, down from 163 in Q1 2017.
  • Funds reported $905M of Adtran stock for Q2 2017, down 3.3% quarter-over-quarter.
  • 17 funds opened new Adtran positions in Q2 2017 and 25 closed out, a net change of -8 holders.
  • The largest Adtran buyer in Q2 2017 was Renaissance Technologies, an estimated $6.58M added.
  • The largest Adtran seller in Q2 2017 was T. Rowe Price Associates, an estimated $26.6M sold.

Based on aggregated 13F filings for Q2 2017.