Adtran
ADTN
145 hedge funds and large institutions have $690M invested in Adtran in 2018 Q2 according to their latest regulatory filings, with 17 funds opening new positions, 51 increasing their positions, 42 reducing their positions, and 29 closing their positions.
21% more repeat investments, than reductions
Existing positions increased: 51 | Existing positions reduced: 42
2.18% more ownership
Funds ownership: 94.81% → 96.99% (+2.2%)
3% less capital invested
Capital invested by funds: $714M → $690M (-$23.3M)
8% less funds holding
Funds holding: 158 → 145 (-13)
24% less call options, than puts
Call options by funds: $1.94M | Put options by funds: $2.55M
41% less first-time investments, than exits
New positions opened: 17 | Existing positions closed: 29
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
DRZID
DePrince Race & Zollo Inc (DRZ)
Winter Park,
Florida
|
+$10.2M |
| 2 |
BlackRock
New York
|
+$7.92M |
| 3 |
Russell Investments Group
London,
United Kingdom
|
+$5.97M |
| 4 |
SCM
SG Capital Management
Chicago,
Illinois
|
+$5.81M |
| 5 |
Vanguard Group
Malvern,
Pennsylvania
|
+$5.04M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$7.04M |
| 2 |
Renaissance Technologies
New York
|
-$6.03M |
| 3 |
Canada Pension Plan Investment Board
Toronto Ontario,
Ontario, Canada
|
-$6M |
| 4 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$3.65M |
| 5 |
SCA
Secor Capital Advisors
New York
|
-$3.13M |
ADTN Hedge Fund Activity: Q2 2018 in Review
145 of the 4,385 institutional investors tracked by Wall St. Rank reported a position in Adtran (ADTN) for Q2 2018, worth a combined $690M — down 3.3% from $714M a quarter earlier.
Sellers outnumbered buyers: 29 funds closed out of ADTN and 17 opened new positions — a net loss of 12 holders — while 42 trimmed existing stakes and 51 added.
The largest buyer was DePrince Race & Zollo Inc (DRZ), adding an estimated $10.2M. The largest seller was Arrowstreet Capital, cutting an estimated $7.04M.
- 145 institutional investors held Adtran (ADTN) as of Q2 2018, down from 158 in Q1 2018.
- Funds reported $690M of Adtran stock for Q2 2018, down 3.3% quarter-over-quarter.
- 17 funds opened new Adtran positions in Q2 2018 and 29 closed out, a net change of -12 holders.
- The largest Adtran buyer in Q2 2018 was DePrince Race & Zollo Inc (DRZ), an estimated $10.2M added.
- The largest Adtran seller in Q2 2018 was Arrowstreet Capital, an estimated $7.04M sold.
Based on aggregated 13F filings for Q2 2018.