Adtran
ADTN
164 hedge funds and large institutions have $523M invested in Adtran in 2023 Q3 according to their latest regulatory filings, with 23 funds opening new positions, 64 increasing their positions, 62 reducing their positions, and 21 closing their positions.
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
14% more call options, than puts
Call options by funds: $747K | Put options by funds: $655K
10% more first-time investments, than exits
New positions opened: 23 | Existing positions closed: 21
3% more repeat investments, than reductions
Existing positions increased: 64 | Existing positions reduced: 62
1% more funds holding
Funds holding: 163 → 164 (+1)
1.13% less ownership
Funds ownership: 81.91% → 80.77% (-1.1%)
23% less capital invested
Capital invested by funds: $679M → $523M (-$156M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
William Blair Investment Management
Chicago,
Illinois
|
+$7.78M |
| 2 |
DCM
Divisar Capital Management
San Francisco,
California
|
+$6.98M |
| 3 |
Morgan Stanley
New York
|
+$5.38M |
| 4 |
PCMI
Paradigm Capital Management Inc
Albany,
New York
|
+$5.14M |
| 5 |
Russell Investments Group
London,
United Kingdom
|
+$3.74M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SSA
Schonfeld Strategic Advisors
New York
|
-$15.1M |
| 2 |
HP
Harvey Partners
Tarrytown,
New York
|
-$11.5M |
| 3 |
CCM
Cinctive Capital Management
New York
|
-$8.97M |
| 4 |
AAP
Ardsley Advisory Partners
Stamford,
Connecticut
|
-$5M |
| 5 |
Dimensional Fund Advisors
Austin,
Texas
|
-$4.91M |
ADTN Hedge Fund Activity: Q3 2023 in Review
164 of the 6,310 institutional investors tracked by Wall St. Rank reported a position in Adtran (ADTN) for Q3 2023, worth a combined $523M — down 23% from $679M a quarter earlier.
Buyers outnumbered sellers: 23 funds opened new ADTN positions and 21 closed out — a net gain of 2 holders — while 64 added to existing stakes and 62 trimmed.
The largest buyer was William Blair Investment Management, adding an estimated $7.78M. The largest seller was Schonfeld Strategic Advisors, exiting entirely with an estimated $15.1M sold.
- 164 institutional investors held Adtran (ADTN) as of Q3 2023, up from 163 in Q2 2023.
- Funds reported $523M of Adtran stock for Q3 2023, down 23% quarter-over-quarter.
- 23 funds opened new Adtran positions in Q3 2023 and 21 closed out, a net change of +2 holders.
- The largest Adtran buyer in Q3 2023 was William Blair Investment Management, an estimated $7.78M added.
- The largest Adtran seller in Q3 2023 was Schonfeld Strategic Advisors, an estimated $15.1M sold.
Based on aggregated 13F filings for Q3 2023.