Adtran
ADTN
155 hedge funds and large institutions have $924M invested in Adtran in 2021 Q2 according to their latest regulatory filings, with 28 funds opening new positions, 35 increasing their positions, 66 reducing their positions, and 8 closing their positions.
8,263% more call options, than puts
Call options by funds: $669K | Put options by funds: $8K
250% more first-time investments, than exits
New positions opened: 28 | Existing positions closed: 8
25% more capital invested
Capital invested by funds: $741M → $924M (+$183M)
15% more funds holding
Funds holding: 135 → 155 (+20)
0.58% more ownership
Funds ownership: 91.85% → 92.43% (+0.58%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
47% less repeat investments, than reductions
Existing positions increased: 35 | Existing positions reduced: 66
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BCA
Bernzott Capital Advisors
Camarillo,
California
|
+$13.9M |
| 2 |
Victory Capital Management
San Antonio,
Texas
|
+$3.42M |
| 3 |
Morgan Stanley
New York
|
+$3.28M |
| 4 |
CCM
Cinctive Capital Management
New York
|
+$3.09M |
| 5 |
AAP
Ardsley Advisory Partners
Stamford,
Connecticut
|
+$2.97M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Renaissance Technologies
New York
|
-$3.9M |
| 2 |
JP Morgan Chase
New York
|
-$3.8M |
| 3 |
NIM
Needham Investment Management
New York
|
-$3.77M |
| 4 |
D.E. Shaw & Co
New York
|
-$2.84M |
| 5 |
RA
Royce & Associates
New York
|
-$2.48M |
ADTN Hedge Fund Activity: Q2 2021 in Review
155 of the 5,767 institutional investors tracked by Wall St. Rank reported a position in Adtran (ADTN) for Q2 2021, worth a combined $924M — up 25% from $741M a quarter earlier.
Buyers outnumbered sellers: 28 funds opened new ADTN positions and 8 closed out — a net gain of 20 holders — while 35 added to existing stakes and 66 trimmed.
The largest buyer was Bernzott Capital Advisors, opening a new position worth an estimated $13.9M. The largest seller was Renaissance Technologies, cutting an estimated $3.9M.
- 155 institutional investors held Adtran (ADTN) as of Q2 2021, up from 135 in Q1 2021.
- Funds reported $924M of Adtran stock for Q2 2021, up 25% quarter-over-quarter.
- 28 funds opened new Adtran positions in Q2 2021 and 8 closed out, a net change of +20 holders.
- The largest Adtran buyer in Q2 2021 was Bernzott Capital Advisors, an estimated $13.9M added.
- The largest Adtran seller in Q2 2021 was Renaissance Technologies, an estimated $3.9M sold.
Based on aggregated 13F filings for Q2 2021.