Adtran
ADTN
170 hedge funds and large institutions have $1.09B invested in Adtran in 2017 Q3 according to their latest regulatory filings, with 31 funds opening new positions, 61 increasing their positions, 51 reducing their positions, and 15 closing their positions.
142% more call options, than puts
Call options by funds: $3.6M | Put options by funds: $1.48M
107% more first-time investments, than exits
New positions opened: 31 | Existing positions closed: 15
20% more capital invested
Capital invested by funds: $905M → $1.09B (+$181M)
20% more repeat investments, than reductions
Existing positions increased: 61 | Existing positions reduced: 51
10% more funds holding
Funds holding: 155 → 170 (+15)
4.05% more ownership
Funds ownership: 90.71% → 94.76% (+4.1%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
+$6.27M |
| 2 |
Millennium Management
New York
|
+$6.06M |
| 3 |
Norges Bank
Oslo,
Norway
|
+$4.87M |
| 4 |
William Blair Investment Management
Chicago,
Illinois
|
+$3.9M |
| 5 |
NC
Nokomis Capital
Dallas,
Texas
|
+$3.55M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Invesco
Atlanta,
Georgia
|
-$6.83M |
| 2 |
State of New Jersey Common Pension Fund D
Trenton,
New Jersey
|
-$4.65M |
| 3 |
DRZID
DePrince Race & Zollo Inc (DRZ)
Winter Park,
Florida
|
-$3.63M |
| 4 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$3.04M |
| 5 |
SBIA
Sheaff Brock Investment Advisors
Indianapolis,
Indiana
|
-$2.89M |
ADTN Hedge Fund Activity: Q3 2017 in Review
170 of the 4,022 institutional investors tracked by Wall St. Rank reported a position in Adtran (ADTN) for Q3 2017, worth a combined $1.09B — up 20% from $905M a quarter earlier.
Buyers outnumbered sellers: 31 funds opened new ADTN positions and 15 closed out — a net gain of 16 holders — while 61 added to existing stakes and 51 trimmed.
The largest buyer was Bank of America, adding an estimated $6.27M. The largest seller was Invesco, cutting an estimated $6.83M.
- 170 institutional investors held Adtran (ADTN) as of Q3 2017, up from 155 in Q2 2017.
- Funds reported $1.09B of Adtran stock for Q3 2017, up 20% quarter-over-quarter.
- 31 funds opened new Adtran positions in Q3 2017 and 15 closed out, a net change of +16 holders.
- The largest Adtran buyer in Q3 2017 was Bank of America, an estimated $6.27M added.
- The largest Adtran seller in Q3 2017 was Invesco, an estimated $6.83M sold.
Based on aggregated 13F filings for Q3 2017.