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Adtran

175 hedge funds and large institutions have $837M invested in Adtran in 2021 Q3 according to their latest regulatory filings, with 36 funds opening new positions, 56 increasing their positions, 58 reducing their positions, and 15 closing their positions.

New
Increased
Maintained
Reduced
Closed

465% more call options, than puts

Call options by funds: $2.69M | Put options by funds: $477K

140% more first-time investments, than exits

New positions opened: 36 | Existing positions closed: 15

100% more funds holding in top 10

Funds holding in top 10: 12 (+1)

13% more funds holding

Funds holding: 155175 (+20)

0.55% less ownership

Funds ownership: 92.41%91.86% (-0.55%)

3% less repeat investments, than reductions

Existing positions increased: 56 | Existing positions reduced: 58

9% less capital invested

Capital invested by funds: $923M → $837M (-$86.6M)

Holders
175
Holders Change
+20
Holders Change %
+12.9%
% of All Funds
3.06%
Holding in Top 10
2
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+100%
% of All Funds
0.04%
New
36
Increased
56
Reduced
58
Closed
15
Calls
$2.69M
Puts
$477K
Net Calls
+$2.22M
Net Calls Change
+$1.55M
Name Holding Trade Value Shares
Change
Change in
Stake
BlackRock
1
BlackRock
New York
$148M -$6.43M -305,709 -4%
Vanguard Group
2
Vanguard Group
Pennsylvania
$102M +$1.02M +48,644 +0.9%
Bank of New York Mellon
3
Bank of New York Mellon
New York
$62.9M +$1.04M +49,478 +1%
Dimensional Fund Advisors
4
Dimensional Fund Advisors
Texas
$47M -$441K -20,970 -0.8%
Fuller & Thaler Asset Management
5
Fuller & Thaler Asset Management
California
$39.9M -$1.13M -53,516 -2%
Victory Capital Management
6
Victory Capital Management
Texas
$36.6M -$53.3M -2,535,478 -57%
WHG
7
Westwood Holdings Group
Texas
$36.3M +$40.8M +1,937,598 New
State Street
8
State Street
Massachusetts
$32M +$151K +7,196 +0.4%
Renaissance Technologies
9
Renaissance Technologies
New York
$23M -$4.05M -192,660 -14%
RA
10
Royce & Associates
New York
$20.3M -$3.97M -188,913 -15%
BCA
11
Bernzott Capital Advisors
California
$20M +$7.3M +346,877 +48%
Geode Capital Management
12
Geode Capital Management
Massachusetts
$16.4M +$128K +6,105 +0.7%
KCM
13
Kornitzer Capital Management
Kansas
$15.9M -$4.6M -218,722 -21%
ACM
14
AIGH Capital Management
Maryland
$15.2M +$17.1M +812,656 New
Northern Trust
15
Northern Trust
Illinois
$14.1M -$484K -23,016 -3%
NIM
16
Needham Investment Management
New York
$12.7M +$4.1M +195,000 +41%
Charles Schwab
17
Charles Schwab
California
$10.7M -$519K -24,659 -4%
Jacobs Levy Equity Management
18
Jacobs Levy Equity Management
New Jersey
$8.86M -$1.07M -50,991 -10%
D.E. Shaw & Co
19
D.E. Shaw & Co
New York
$8.38M -$5.64M -268,362 -38%
SCM
20
Segantii Capital Management
Hong Kong
$6.91M +$7.74M +368,100 New
Principal Financial Group
21
Principal Financial Group
Iowa
$6.21M -$744K -35,377 -10%
PCM
22
Penserra Capital Management
California
$5.79M +$100K +4,777 +2%
Invesco
23
Invesco
Georgia
$5.64M -$643K -30,596 -9%
Goldman Sachs
24
Goldman Sachs
New York
$4.88M +$3.53M +167,897 +182%
Wells Fargo
25
Wells Fargo
California
$4.57M -$616K -29,304 -11%

ADTN Hedge Fund Activity: Q3 2021 in Review

175 of the 5,712 institutional investors tracked by Wall St. Rank reported a position in Adtran (ADTN) for Q3 2021, worth a combined $837M — down 9.4% from $923M a quarter earlier.

Buyers outnumbered sellers: 36 funds opened new ADTN positions and 15 closed out — a net gain of 21 holders — while 56 added to existing stakes and 58 trimmed.

The largest buyer was Westwood Holdings Group, opening a new position worth an estimated $40.8M. The largest seller was Victory Capital Management, cutting an estimated $53.3M.

  • 175 institutional investors held Adtran (ADTN) as of Q3 2021, up from 155 in Q2 2021.
  • Funds reported $837M of Adtran stock for Q3 2021, down 9.4% quarter-over-quarter.
  • 36 funds opened new Adtran positions in Q3 2021 and 15 closed out, a net change of +21 holders.
  • The largest Adtran buyer in Q3 2021 was Westwood Holdings Group, an estimated $40.8M added.
  • The largest Adtran seller in Q3 2021 was Victory Capital Management, an estimated $53.3M sold.

Based on aggregated 13F filings for Q3 2021.