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Adtran

221 hedge funds and large institutions have $659M invested in Adtran in 2025 Q3 according to their latest regulatory filings, with 47 funds opening new positions, 83 increasing their positions, 58 reducing their positions, and 19 closing their positions.

New
Increased
Maintained
Reduced
Closed

240% more call options, than puts

Call options by funds: $5.2M | Put options by funds: $1.53M

147% more first-time investments, than exits

New positions opened: 47 | Existing positions closed: 19

43% more repeat investments, than reductions

Existing positions increased: 83 | Existing positions reduced: 58

23% more capital invested

Capital invested by funds: $534M → $659M (+$125M)

15% more funds holding

Funds holding: 193221 (+28)

10.01% more ownership

Funds ownership: 74.39%84.4% (+10%)

0% more funds holding in top 10

Funds holding in top 10: 33 (0)

Holders
221
Holders Change
+28
Holders Change %
+14.51%
% of All Funds
2.9%
Holding in Top 10
3
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.04%
New
47
Increased
83
Reduced
58
Closed
19
Calls
$5.2M
Puts
$1.53M
Net Calls
+$3.67M
Net Calls Change
+$3.53M
Name Holding Trade Value Shares
Change
Change in
Stake
Vanguard Group
1
Vanguard Group
Pennsylvania
$78.6M +$2.02M +217,148 +3%
BlackRock
2
BlackRock
New York
$77.6M +$2M +214,974 +3%
DCM
3
Divisar Capital Management
California
$30.1M -$9.47M -1,016,272 -24%
DnB Asset Management
4
DnB Asset Management
Norway
$27.2M +$1.62M +174,354 +6%
Focus Partners Wealth
5
Focus Partners Wealth
Massachusetts
$26.5M +$1.02M +109,183 New
William Blair Investment Management
6
William Blair Investment Management
Illinois
$25.7M -$1.55M -166,096 -6%
RA
7
Royce & Associates
New York
$22.6M +$2.88M +308,705 +15%
State Street
8
State Street
Massachusetts
$17.8M +$410K +44,028 +2%
Geode Capital Management
9
Geode Capital Management
Massachusetts
$16.6M +$195K +20,880 +1%
Citadel Advisors
10
Citadel Advisors
Florida
$11.4M +$7.58M +813,822 +201%
First Eagle Investment Management
11
First Eagle Investment Management
New York
$11.3M +$704K +75,600 +7%
OAM
12
Ophir Asset Management
Australia
$11.3M +$11.2M +1,204,749 New
NIM
13
Needham Investment Management
New York
$11M +$512K +55,000 +5%
Alyeska Investment Group
14
Alyeska Investment Group
Illinois
$10.2M +$10.1M +1,084,029 New
TCM
15
Tieton Capital Management
Washington
$9.28M +$341K +36,632 +4%
Assenagon Asset Management
16
Assenagon Asset Management
Luxembourg
$8.75M +$7.59M +814,864 +692%
WCM
17
Westerly Capital Management
California
$8.63M -$510K -54,780 -6%
Tudor Investment Corp
18
Tudor Investment Corp
Connecticut
$8.41M +$6.79M +729,194 +434%
JP Morgan Chase
19
JP Morgan Chase
New York
$7.63M +$3.32M +356,884 +78%
Barclays
20
Barclays
United Kingdom
$7.56M +$1.97M +211,746 +36%
Morgan Stanley
21
Morgan Stanley
New York
$7.44M -$1.4M -150,461 -16%
SSA
22
Schonfeld Strategic Advisors
New York
$7.38M +$7.21M +773,509 +5,810%
Federated Hermes
23
Federated Hermes
Pennsylvania
$7.25M +$47.6K +5,111 +0.7%
KA
24
Kovack Advisors
Florida
$6.64M -$58.7K -6,300 -0.9%
Charles Schwab
25
Charles Schwab
California
$6.46M +$59.3K +6,370 +0.9%

ADTN Hedge Fund Activity: Q3 2025 in Review

221 of the 7,619 institutional investors tracked by Wall St. Rank reported a position in Adtran (ADTN) for Q3 2025, worth a combined $659M — up 23% from $534M a quarter earlier.

Buyers outnumbered sellers: 47 funds opened new ADTN positions and 19 closed out — a net gain of 28 holders — while 83 added to existing stakes and 58 trimmed.

The largest buyer was Ophir Asset Management, opening a new position worth an estimated $11.2M. The largest seller was Divisar Capital Management, cutting an estimated $9.47M.

  • 221 institutional investors held Adtran (ADTN) as of Q3 2025, up from 193 in Q2 2025.
  • Funds reported $659M of Adtran stock for Q3 2025, up 23% quarter-over-quarter.
  • 47 funds opened new Adtran positions in Q3 2025 and 19 closed out, a net change of +28 holders.
  • The largest Adtran buyer in Q3 2025 was Ophir Asset Management, an estimated $11.2M added.
  • The largest Adtran seller in Q3 2025 was Divisar Capital Management, an estimated $9.47M sold.

Based on aggregated 13F filings for Q3 2025.