Adtran
ADTN
157 hedge funds and large institutions have $315M invested in Adtran in 2024 Q2 according to their latest regulatory filings, with 35 funds opening new positions, 62 increasing their positions, 50 reducing their positions, and 46 closing their positions.
27% more call options, than puts
Call options by funds: $1.14M | Put options by funds: $899K
24% more repeat investments, than reductions
Existing positions increased: 62 | Existing positions reduced: 50
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
5.19% less ownership
Funds ownership: 80.99% → 75.8% (-5.2%)
7% less funds holding
Funds holding: 169 → 157 (-12)
9% less capital invested
Capital invested by funds: $347M → $315M (-$31.7M)
24% less first-time investments, than exits
New positions opened: 35 | Existing positions closed: 46
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PCMI
Paradigm Capital Management Inc
Albany,
New York
|
+$7.9M |
| 2 |
Millennium Management
New York
|
+$7.81M |
| 3 |
DnB Asset Management
Oslo,
Norway
|
+$5.91M |
| 4 |
Citadel Advisors
Miami,
Florida
|
+$5.87M |
| 5 |
DCM
Divisar Capital Management
San Francisco,
California
|
+$5.84M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
-$30.1M |
| 2 |
Fuller & Thaler Asset Management
San Mateo,
California
|
-$10.7M |
| 3 |
State Street
Boston,
Massachusetts
|
-$6.55M |
| 4 |
Janus Henderson Group
London,
United Kingdom
|
-$5.67M |
| 5 |
Jacobs Levy Equity Management
Florham Park,
New Jersey
|
-$5.63M |
ADTN Hedge Fund Activity: Q2 2024 in Review
157 of the 6,924 institutional investors tracked by Wall St. Rank reported a position in Adtran (ADTN) for Q2 2024, worth a combined $315M — down 9.1% from $347M a quarter earlier.
Sellers outnumbered buyers: 46 funds closed out of ADTN and 35 opened new positions — a net loss of 11 holders — while 50 trimmed existing stakes and 62 added.
The largest buyer was Paradigm Capital Management Inc, adding an estimated $7.9M. The largest seller was BlackRock, cutting an estimated $30.1M.
- 157 institutional investors held Adtran (ADTN) as of Q2 2024, down from 169 in Q1 2024.
- Funds reported $315M of Adtran stock for Q2 2024, down 9.1% quarter-over-quarter.
- 35 funds opened new Adtran positions in Q2 2024 and 46 closed out, a net change of -11 holders.
- The largest Adtran buyer in Q2 2024 was Paradigm Capital Management Inc, an estimated $7.9M added.
- The largest Adtran seller in Q2 2024 was BlackRock, an estimated $30.1M sold.
Based on aggregated 13F filings for Q2 2024.