Adtran
ADTN
168 hedge funds and large institutions have $347M invested in Adtran in 2024 Q1 according to their latest regulatory filings, with 25 funds opening new positions, 56 increasing their positions, 67 reducing their positions, and 26 closing their positions.
17% more call options, than puts
Call options by funds: $988K | Put options by funds: $843K
1.07% more ownership
Funds ownership: 79.92% → 80.99% (+1.1%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
1% less funds holding
Funds holding: 169 → 168 (-1)
4% less first-time investments, than exits
New positions opened: 25 | Existing positions closed: 26
16% less repeat investments, than reductions
Existing positions increased: 56 | Existing positions reduced: 67
25% less capital invested
Capital invested by funds: $462M → $347M (-$115M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
DCM
Divisar Capital Management
San Francisco,
California
|
+$9.8M |
| 2 |
TCM
Tieton Capital Management
Yakima,
Washington
|
+$5.26M |
| 3 |
William Blair Investment Management
Chicago,
Illinois
|
+$5.22M |
| 4 |
Federated Hermes
Pittsburgh,
Pennsylvania
|
+$4.28M |
| 5 |
Bank of America
Charlotte,
North Carolina
|
+$2.89M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Vanguard Group
Malvern,
Pennsylvania
|
-$7.46M |
| 2 |
First Eagle Investment Management
New York
|
-$5.51M |
| 3 |
BlackRock
New York
|
-$2.5M |
| 4 |
First Trust Advisors
Wheaton,
Illinois
|
-$2.3M |
| 5 |
2C
272 Capital
Dallas,
Texas
|
-$2.05M |
ADTN Hedge Fund Activity: Q1 2024 in Review
168 of the 6,958 institutional investors tracked by Wall St. Rank reported a position in Adtran (ADTN) for Q1 2024, worth a combined $347M — down 25% from $462M a quarter earlier.
Sellers outnumbered buyers: 26 funds closed out of ADTN and 25 opened new positions — a net loss of 1 holder — while 67 trimmed existing stakes and 56 added.
The largest buyer was Divisar Capital Management, adding an estimated $9.8M. The largest seller was Vanguard Group, cutting an estimated $7.46M.
- 168 institutional investors held Adtran (ADTN) as of Q1 2024, down from 169 in Q4 2023.
- Funds reported $347M of Adtran stock for Q1 2024, down 25% quarter-over-quarter.
- 25 funds opened new Adtran positions in Q1 2024 and 26 closed out, a net change of -1 holder.
- The largest Adtran buyer in Q1 2024 was Divisar Capital Management, an estimated $9.8M added.
- The largest Adtran seller in Q1 2024 was Vanguard Group, an estimated $7.46M sold.
Based on aggregated 13F filings for Q1 2024.