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Adtran
ADTN

152 hedge funds and large institutions have $350M invested in Adtran in 2024 Q3 according to their latest regulatory filings, with 18 funds opening new positions, 43 increasing their positions, 69 reducing their positions, and 23 closing their positions.

New
Increased
Maintained
Reduced
Closed

249% more call options, than puts

Call options by funds: $3.21M | Put options by funds: $919K

100% more funds holding in top 10

Funds holding in top 10: 1 → 2 (+1)

11% more capital invested

Capital invested by funds: $315M → $350M (+$34.4M)

1.22% less ownership

Funds ownership: 75.8% → 74.57% (-1.2%)

3% less funds holding

Funds holding: 157 → 152 (-5)

22% less first-time investments, than exits

New positions opened: 18 | Existing positions closed: 23

38% less repeat investments, than reductions

Existing positions increased: 43 | Existing positions reduced: 69

Holders
152
Holders Change
-5
Holders Change %
-3.18%
% of All Funds
2.18%
Holding in Top 10
2
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+100%
% of All Funds
0.03%
New
18
Increased
43
Reduced
69
Closed
23
Calls
$3.21M
Puts
$919K
Net Calls
+$2.29M
Net Calls Change
+$2.05M

Top Buyers

1
WCM
Westerly Capital Management
California
+$4.15M
2
Assenagon Asset Management
Assenagon Asset Management
Luxembourg
+$3.46M
3
Vanguard Group
Vanguard Group
Pennsylvania
+$2.72M
4
NIMC
Nierenberg Investment Management Company
Washington
+$1.91M
5
DCM
Divisar Capital Management
California
+$1.91M

Top Sellers

1
Citadel Advisors
Citadel Advisors
Florida
-$4.1M
2
Alyeska Investment Group
Alyeska Investment Group
Illinois
-$3M
3
Millennium Management
Millennium Management
New York
-$2.15M
4
KTA
Keeley-Teton Advisors
Illinois
-$1.9M
5
Renaissance Technologies
Renaissance Technologies
New York
-$1.56M
Name Holding Trade Value Shares
Change 		Change in
Stake
BlackRock
1
BlackRock
New York
$40.7M +$1.43M +256,545 +4%
Vanguard Group
2
Vanguard Group
Pennsylvania
$38.8M +$2.72M +488,244 +8%
DCM
3
Divisar Capital Management
California
$36.1M +$1.91M +342,780 +6%
DnB Asset Management
4
DnB Asset Management
Norway
$28.7M +$1.15M +205,917 +4%
William Blair Investment Management
5
William Blair Investment Management
Illinois
$26.9M +$529K +94,982 +2%
PCMI
6
Paradigm Capital Management Inc
New York
$14.6M +$69.6K +12,500 +0.5%
Morgan Stanley
7
Morgan Stanley
New York
$12.4M -$293K -52,652 -2%
Geode Capital Management
8
Geode Capital Management
Massachusetts
$10.7M +$356K +63,960 +4%
State Street
9
State Street
Massachusetts
$10.5M +$270K +48,542 +3%
NIM
10
Needham Investment Management
New York
$7.92M -$417K -75,000 -5%
WCM
11
Westerly Capital Management
California
$7.83M +$4.15M +745,000 +130%
Millennium Management
12
Millennium Management
New York
$6.9M -$2.15M -385,407 -25%
First Eagle Investment Management
13
First Eagle Investment Management
New York
$5.94M +$1.78M +320,000 +47%
Citadel Advisors
14
Citadel Advisors
Florida
$5.93M -$4.1M -737,003 -42%
TCM
15
Tieton Capital Management
Washington
$5.71M -$30.5K -5,480 -0.6%
Charles Schwab
16
Charles Schwab
California
$5.22M -$754K -135,485 -13%
Federated Hermes
17
Federated Hermes
Pennsylvania
$4.86M -$402K -72,189 -8%
Bank of New York Mellon
18
Bank of New York Mellon
New York
$4.83M -$444K -79,776 -9%
KA
19
Kovack Advisors
Florida
$4.62M +$751K +134,900 +21%
Assenagon Asset Management
20
Assenagon Asset Management
Luxembourg
$3.93M +$3.46M +621,906 +1,545%
Northern Trust
21
Northern Trust
Illinois
$3.82M -$104K -18,637 -3%
Jane Street
22
Jane Street
New York
$3.74M -$1.31M -235,969 -27%
Bank of America
23
Bank of America
North Carolina
$3.13M -$515K -92,562 -15%
GCP
24
GSA Capital Partners
United Kingdom
$2.91M +$1.36M +244,901 +99%
Susquehanna International Group
25
Susquehanna International Group
Pennsylvania
$2.82M -$291K -52,256 -10%
1
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ADTN Hedge Fund Activity: Q3 2024 in Review

152 of the 6,964 institutional investors tracked by Wall St. Rank reported a position in Adtran (ADTN) for Q3 2024, worth a combined $350M — up 11% from $315M a quarter earlier.

Sellers outnumbered buyers: 23 funds closed out of ADTN and 18 opened new positions — a net loss of 5 holders — while 69 trimmed existing stakes and 43 added.

The largest buyer was Westerly Capital Management, adding an estimated $4.15M. The largest seller was Citadel Advisors, cutting an estimated $4.1M.

  • 152 institutional investors held Adtran (ADTN) as of Q3 2024, down from 157 in Q2 2024.
  • Funds reported $350M of Adtran stock for Q3 2024, up 11% quarter-over-quarter.
  • 18 funds opened new Adtran positions in Q3 2024 and 23 closed out, a net change of -5 holders.
  • The largest Adtran buyer in Q3 2024 was Westerly Capital Management, an estimated $4.15M added.
  • The largest Adtran seller in Q3 2024 was Citadel Advisors, an estimated $4.1M sold.

Based on aggregated 13F filings for Q3 2024.