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Adtran

193 hedge funds and large institutions have $534M invested in Adtran in 2025 Q2 according to their latest regulatory filings, with 28 funds opening new positions, 66 increasing their positions, 73 reducing their positions, and 39 closing their positions.

New
Increased
Maintained
Reduced
Closed

22% more call options, than puts

Call options by funds: $788K | Put options by funds: $645K

4% more capital invested

Capital invested by funds: $512M → $534M (+$21.3M)

0.82% more ownership

Funds ownership: 73.57%74.39% (+0.82%)

10% less repeat investments, than reductions

Existing positions increased: 66 | Existing positions reduced: 73

6% less funds holding

Funds holding: 205193 (-12)

25% less funds holding in top 10

Funds holding in top 10: 43 (-1)

28% less first-time investments, than exits

New positions opened: 28 | Existing positions closed: 39

Holders
193
Holders Change
-12
Holders Change %
-5.85%
% of All Funds
2.54%
Holding in Top 10
3
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-25%
% of All Funds
0.04%
New
28
Increased
66
Reduced
73
Closed
39
Calls
$788K
Puts
$645K
Net Calls
+$143K
Net Calls Change
-$2.14M
Name Holding Trade Value Shares
Change
Change in
Stake
Vanguard Group
1
Vanguard Group
Pennsylvania
$73.3M +$8.55M +1,072,226 +15%
BlackRock
2
BlackRock
New York
$72.3M +$3.67M +459,631 +6%
DCM
3
Divisar Capital Management
California
$37.9M +$6.39M +800,499 +23%
William Blair Investment Management
4
William Blair Investment Management
Illinois
$26M -$1.89M -236,577 -8%
DnB Asset Management
5
DnB Asset Management
Norway
$24.5M -$6.56M -822,091 -23%
RA
6
Royce & Associates
New York
$18.9M +$5.55M +695,570 +49%
State Street
7
State Street
Massachusetts
$16.6M -$486K -60,982 -3%
Geode Capital Management
8
Geode Capital Management
Massachusetts
$15.7M -$614K -76,956 -4%
First Eagle Investment Management
9
First Eagle Investment Management
New York
$10.2M -$83.8K -10,500 -0.9%
NIM
10
Needham Investment Management
New York
$10M
WCM
11
Westerly Capital Management
California
$8.75M +$1.12M +140,000 +17%
TCM
12
Tieton Capital Management
Washington
$8.54M -$65.8K -8,247 -0.9%
Morgan Stanley
13
Morgan Stanley
New York
$8.47M -$788K -98,731 -9%
SCM
14
SG Capital Management
Illinois
$7.6M +$6.76M +847,417 New
Marshall Wace
15
Marshall Wace
United Kingdom
$7.32M +$3.05M +382,609 +88%
Federated Hermes
16
Federated Hermes
Pennsylvania
$6.89M +$41.7K +5,224 +0.7%
KA
17
Kovack Advisors
Florida
$6.41M +$183K +22,950 +3%
Qube Research & Technologies (QRT)
18
Qube Research & Technologies (QRT)
United Kingdom
$6.16M +$2.88M +360,841 +111%
Charles Schwab
19
Charles Schwab
California
$6.12M -$177K -22,203 -3%
Northern Trust
20
Northern Trust
Illinois
$6.08M -$535K -67,006 -9%
Renaissance Technologies
21
Renaissance Technologies
New York
$6M -$1.19M -149,289 -18%
Bank of America
22
Bank of America
North Carolina
$5.8M +$1.11M +139,324 +27%
Squarepoint
23
Squarepoint
New York
$5.66M +$1.81M +227,448 +56%
Barclays
24
Barclays
United Kingdom
$5.33M +$1.09M +136,660 +30%
HIM
25
Hillsdale Investment Management
Ontario, Canada
$4.79M +$1.18M +148,220 +38%

ADTN Hedge Fund Activity: Q2 2025 in Review

193 of the 7,596 institutional investors tracked by Wall St. Rank reported a position in Adtran (ADTN) for Q2 2025, worth a combined $534M — up 4.2% from $512M a quarter earlier.

Sellers outnumbered buyers: 39 funds closed out of ADTN and 28 opened new positions — a net loss of 11 holders — while 73 trimmed existing stakes and 66 added.

The largest buyer was Vanguard Group, adding an estimated $8.55M. The largest seller was Invesco, cutting an estimated $7.18M.

  • 193 institutional investors held Adtran (ADTN) as of Q2 2025, down from 205 in Q1 2025.
  • Funds reported $534M of Adtran stock for Q2 2025, up 4.2% quarter-over-quarter.
  • 28 funds opened new Adtran positions in Q2 2025 and 39 closed out, a net change of -11 holders.
  • The largest Adtran buyer in Q2 2025 was Vanguard Group, an estimated $8.55M added.
  • The largest Adtran seller in Q2 2025 was Invesco, an estimated $7.18M sold.

Based on aggregated 13F filings for Q2 2025.