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Adtran

163 hedge funds and large institutions have $606M invested in Adtran in 2019 Q1 according to their latest regulatory filings, with 29 funds opening new positions, 64 increasing their positions, 40 reducing their positions, and 20 closing their positions.

New
Increased
Maintained
Reduced
Closed

60% more repeat investments, than reductions

Existing positions increased: 64 | Existing positions reduced: 40

45% more first-time investments, than exits

New positions opened: 29 | Existing positions closed: 20

27% more capital invested

Capital invested by funds: $477M → $606M (+$129M)

5% more funds holding

Funds holding: 155163 (+8)

0.62% less ownership

Funds ownership: 93.15%92.53% (-0.62%)

28% less call options, than puts

Call options by funds: $1.44M | Put options by funds: $2M

Holders
163
Holders Change
+8
Holders Change %
+5.16%
% of All Funds
3.53%
Holding in Top 10
1
Holding in Top 10 Change
+1
Holding in Top 10 Change %
% of All Funds
0.02%
New
29
Increased
64
Reduced
40
Closed
20
Calls
$1.44M
Puts
$2M
Net Calls
-$558K
Net Calls Change
+$165K
Name Holding Trade Value Shares
Change
Change in
Stake
BlackRock
1
BlackRock
New York
$98.6M -$1.35M -97,552 -1%
Vanguard Group
2
Vanguard Group
Pennsylvania
$73.4M +$2.13M +154,197 +3%
Dimensional Fund Advisors
3
Dimensional Fund Advisors
Texas
$50.2M +$1.71M +123,601 +3%
Victory Capital Management
4
Victory Capital Management
Texas
$43.3M +$524K +37,900 +1%
Fuller & Thaler Asset Management
5
Fuller & Thaler Asset Management
California
$27M -$5.04M -364,931 -16%
Renaissance Technologies
6
Renaissance Technologies
New York
$26.5M +$5.41M +391,200 +25%
State Street
7
State Street
Massachusetts
$21.4M -$1.34M -97,138 -6%
Fidelity International
8
Fidelity International
Bermuda
$20.3M +$574K +41,500 +3%
Northern Trust
9
Northern Trust
Illinois
$13.6M -$197K -14,284 -1%
KCM
10
Kennedy Capital Management
Missouri
$12.9M -$417K -30,183 -3%
Millennium Management
11
Millennium Management
New York
$12.1M +$7.3M +527,865 +150%
Arrowstreet Capital
12
Arrowstreet Capital
Massachusetts
$11.6M +$9.53M +689,433 +435%
HA
13
Heartland Advisors
Wisconsin
$11.2M +$68.6K +4,965 +0.6%
Bank of New York Mellon
14
Bank of New York Mellon
New York
$10.8M +$104K +7,492 +1%
Wellington Management Group
15
Wellington Management Group
Massachusetts
$9.54M -$9.81M -710,137 -50%
Charles Schwab
16
Charles Schwab
California
$9.12M +$658K +47,578 +8%
Ameriprise
17
Ameriprise
Minnesota
$8.68M +$4.04M +292,515 +86%
Geode Capital Management
18
Geode Capital Management
Massachusetts
$8.61M +$917K +66,327 +12%
Norges Bank
19
Norges Bank
Norway
$7.81M
Jacobs Levy Equity Management
20
Jacobs Levy Equity Management
New Jersey
$6.64M +$674K +48,800 +11%
D.E. Shaw & Co
21
D.E. Shaw & Co
New York
$5.89M +$3.4M +246,290 +134%
RA
22
Royce & Associates
New York
$5.58M +$155K +11,220 +3%
Principal Financial Group
23
Principal Financial Group
Iowa
$5.26M -$40.4K -2,926 -0.8%
Deutsche Bank
24
Deutsche Bank
Germany
$5.14M +$1.86M +134,682 +56%
JP Morgan Chase
25
JP Morgan Chase
New York
$5.07M +$3.15M +227,882 +160%

ADTN Hedge Fund Activity: Q1 2019 in Review

163 of the 4,621 institutional investors tracked by Wall St. Rank reported a position in Adtran (ADTN) for Q1 2019, worth a combined $606M — up 27% from $477M a quarter earlier.

Buyers outnumbered sellers: 29 funds opened new ADTN positions and 20 closed out — a net gain of 9 holders — while 64 added to existing stakes and 40 trimmed.

The largest buyer was Arrowstreet Capital, adding an estimated $9.53M. The largest seller was DePrince Race & Zollo Inc (DRZ), cutting an estimated $25.4M.

  • 163 institutional investors held Adtran (ADTN) as of Q1 2019, up from 155 in Q4 2018.
  • Funds reported $606M of Adtran stock for Q1 2019, up 27% quarter-over-quarter.
  • 29 funds opened new Adtran positions in Q1 2019 and 20 closed out, a net change of +9 holders.
  • The largest Adtran buyer in Q1 2019 was Arrowstreet Capital, an estimated $9.53M added.
  • The largest Adtran seller in Q1 2019 was DePrince Race & Zollo Inc (DRZ), an estimated $25.4M sold.

Based on aggregated 13F filings for Q1 2019.