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Adtran

137 hedge funds and large institutions have $443M invested in Adtran in 2020 Q3 according to their latest regulatory filings, with 6 funds opening new positions, 41 increasing their positions, 59 reducing their positions, and 21 closing their positions.

New
Increased
Maintained
Reduced
Closed

0.3% more ownership

Funds ownership: 89.96%90.26% (+0.3%)

6% less capital invested

Capital invested by funds: $472M → $443M (-$28.9M)

10% less funds holding

Funds holding: 152137 (-15)

31% less repeat investments, than reductions

Existing positions increased: 41 | Existing positions reduced: 59

35% less call options, than puts

Call options by funds: $212K | Put options by funds: $328K

50% less funds holding in top 10

Funds holding in top 10: 21 (-1)

71% less first-time investments, than exits

New positions opened: 6 | Existing positions closed: 21

Holders
137
Holders Change
-15
Holders Change %
-9.87%
% of All Funds
2.76%
Holding in Top 10
1
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-50%
% of All Funds
0.02%
New
6
Increased
41
Reduced
59
Closed
21
Calls
$212K
Puts
$328K
Net Calls
-$116K
Net Calls Change
-$3.4M
Name Holding Trade Value Shares
Change
Change in
Stake
BlackRock
1
BlackRock
New York
$77.6M -$57 -5 -0%
Vanguard Group
2
Vanguard Group
Pennsylvania
$52.6M -$1.56M -137,276 -3%
Victory Capital Management
3
Victory Capital Management
Texas
$41.1M +$7.67M +676,842 +20%
Dimensional Fund Advisors
4
Dimensional Fund Advisors
Texas
$30.2M -$1.7M -149,899 -5%
Renaissance Technologies
5
Renaissance Technologies
New York
$22.5M +$445K +39,300 +2%
Fuller & Thaler Asset Management
6
Fuller & Thaler Asset Management
California
$20M -$1.26M -111,142 -5%
State Street
7
State Street
Massachusetts
$16.9M +$10.5K +927 +0.1%
D.E. Shaw & Co
8
D.E. Shaw & Co
New York
$13.9M -$448K -39,492 -3%
Northern Trust
9
Northern Trust
Illinois
$10.4M -$267K -23,593 -2%
JP Morgan Chase
10
JP Morgan Chase
New York
$10.2M -$2.62M -231,513 -19%
RA
11
Royce & Associates
New York
$9.11M +$4.64M +409,806 +86%
Acadian Asset Management
12
Acadian Asset Management
Massachusetts
$8.7M +$1.41M +124,388 +17%
Geode Capital Management
13
Geode Capital Management
Massachusetts
$7.82M +$137K +12,095 +2%
Bank of New York Mellon
14
Bank of New York Mellon
New York
$7.38M -$350K -30,855 -4%
KCM
15
Kornitzer Capital Management
Kansas
$7.22M -$16.5K -1,455 -0.2%
Charles Schwab
16
Charles Schwab
California
$6.87M -$611K -53,880 -7%
Arrowstreet Capital
17
Arrowstreet Capital
Massachusetts
$6.79M
Westfield Capital Management
18
Westfield Capital Management
Massachusetts
$5.71M +$6.31M +556,459 New
Jacobs Levy Equity Management
19
Jacobs Levy Equity Management
New Jersey
$5.33M -$83.4K -7,360 -1%
CCM
20
Cinctive Capital Management
New York
$3.83M +$274K +24,208 +7%
HCM
21
Horrell Capital Management
Arkansas
$3.67M -$850K -75,000 -17%
NIM
22
Needham Investment Management
New York
$3.54M +$3.58M +315,550 +1,052%
Principal Financial Group
23
Principal Financial Group
Iowa
$3.52M -$172K -15,157 -4%
Grantham, Mayo, Van Otterloo & Co (GMO)
24
Grantham, Mayo, Van Otterloo & Co (GMO)
Massachusetts
$3.31M +$104K +9,200 +3%
Invesco
25
Invesco
Georgia
$2.94M +$163K +14,406 +5%

ADTN Hedge Fund Activity: Q3 2020 in Review

137 of the 4,956 institutional investors tracked by Wall St. Rank reported a position in Adtran (ADTN) for Q3 2020, worth a combined $443M — down 6.1% from $472M a quarter earlier.

Sellers outnumbered buyers: 21 funds closed out of ADTN and 6 opened new positions — a net loss of 15 holders — while 59 trimmed existing stakes and 41 added.

The largest buyer was Victory Capital Management, adding an estimated $7.67M. The largest seller was Alyeska Investment Group, exiting entirely with an estimated $4.69M sold.

  • 137 institutional investors held Adtran (ADTN) as of Q3 2020, down from 152 in Q2 2020.
  • Funds reported $443M of Adtran stock for Q3 2020, down 6.1% quarter-over-quarter.
  • 6 funds opened new Adtran positions in Q3 2020 and 21 closed out, a net change of -15 holders.
  • The largest Adtran buyer in Q3 2020 was Victory Capital Management, an estimated $7.67M added.
  • The largest Adtran seller in Q3 2020 was Alyeska Investment Group, an estimated $4.69M sold.

Based on aggregated 13F filings for Q3 2020.