Bandwidth Inc
BAND
144 hedge funds and large institutions have $242M invested in Bandwidth Inc in 2023 Q2 according to their latest regulatory filings, with 15 funds opening new positions, 47 increasing their positions, 40 reducing their positions, and 34 closing their positions.
32% more call options, than puts
Call options by funds: $2.13M | Put options by funds: $1.61M
18% more repeat investments, than reductions
Existing positions increased: 47 | Existing positions reduced: 40
2.84% less ownership
Funds ownership: 77.61% → 74.77% (-2.8%)
12% less funds holding
Funds holding: 163 → 144 (-19)
12% less capital invested
Capital invested by funds: $275M → $242M (-$33.9M)
56% less first-time investments, than exits
New positions opened: 15 | Existing positions closed: 34
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SGCIA
Smith Graham & Co Investment Advisors
Houston,
Texas
|
+$6.21M |
| 2 |
Ameriprise
Minneapolis,
Minnesota
|
+$4.1M |
| 3 |
KP
Keel Point
Huntsville,
Alabama
|
+$3.7M |
| 4 |
N
Nuveen
Charlotte,
North Carolina
|
+$2.07M |
| 5 |
State Street
Boston,
Massachusetts
|
+$1.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Vanguard Group
Malvern,
Pennsylvania
|
-$4.99M |
| 2 |
Morgan Stanley
New York
|
-$3.62M |
| 3 |
WA
Wasatch Advisors
Salt Lake City,
Utah
|
-$2.97M |
| 4 |
Assenagon Asset Management
Senningerberg,
Luxembourg
|
-$1.97M |
| 5 |
Millennium Management
New York
|
-$1.84M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
IA
176
IFP Advisors
Tampa,
Florida
| – | -$1.38K | -35 | Closed |
|
177
Federated Hermes
Pittsburgh,
Pennsylvania
| – | -$213 | -14 | Closed |
|
178
Optiver Holding
Amsterdam,
Netherlands
| – | -$15 | -1 | Closed |
|
BAND Hedge Fund Activity: Q2 2023 in Review
144 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in Bandwidth Inc (BAND) for Q2 2023, worth a combined $242M — down 12% from $275M a quarter earlier.
Sellers outnumbered buyers: 34 funds closed out of BAND and 15 opened new positions — a net loss of 19 holders — while 40 trimmed existing stakes and 47 added.
The largest buyer was Smith Graham & Co Investment Advisors, opening a new position worth an estimated $6.21M. The largest seller was Vanguard Group, cutting an estimated $4.99M.
- 144 institutional investors held Bandwidth Inc (BAND) as of Q2 2023, down from 163 in Q1 2023.
- Funds reported $242M of Bandwidth Inc stock for Q2 2023, down 12% quarter-over-quarter.
- 15 funds opened new Bandwidth Inc positions in Q2 2023 and 34 closed out, a net change of -19 holders.
- The largest Bandwidth Inc buyer in Q2 2023 was Smith Graham & Co Investment Advisors, an estimated $6.21M added.
- The largest Bandwidth Inc seller in Q2 2023 was Vanguard Group, an estimated $4.99M sold.
Based on aggregated 13F filings for Q2 2023.