Bandwidth Inc
BAND
163 hedge funds and large institutions have $275M invested in Bandwidth Inc in 2023 Q1 according to their latest regulatory filings, with 30 funds opening new positions, 52 increasing their positions, 43 reducing their positions, and 29 closing their positions.
21% more repeat investments, than reductions
Existing positions increased: 52 | Existing positions reduced: 43
3% more first-time investments, than exits
New positions opened: 30 | Existing positions closed: 29
0% more funds holding
Funds holding: 163 → 163 (0)
4.3% less ownership
Funds ownership: 81.91% → 77.61% (-4.3%)
22% less call options, than puts
Call options by funds: $3.21M | Put options by funds: $4.14M
37% less capital invested
Capital invested by funds: $439M → $275M (-$164M)
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Allspring Global Investments
Charlotte,
North Carolina
|
+$8.72M |
| 2 |
Citadel Advisors
Miami,
Florida
|
+$7.22M |
| 3 |
Acadian Asset Management
Boston,
Massachusetts
|
+$6.22M |
| 4 |
Renaissance Technologies
New York
|
+$4.47M |
| 5 |
Envestnet Asset Management
Chicago,
Illinois
|
+$2.37M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Capital Research Global Investors
Los Angeles,
California
|
-$26.9M |
| 2 |
Millennium Management
New York
|
-$12.2M |
| 3 |
IECM
Intrinsic Edge Capital Management
Chicago,
Illinois
|
-$11.3M |
| 4 |
JP Morgan Chase
New York
|
-$6.42M |
| 5 |
Vanguard Group
Malvern,
Pennsylvania
|
-$4.2M |
BAND Hedge Fund Activity: Q1 2023 in Review
163 of the 6,283 institutional investors tracked by Wall St. Rank reported a position in Bandwidth Inc (BAND) for Q1 2023, worth a combined $275M — down 37% from $439M a quarter earlier.
Buyers outnumbered sellers: 30 funds opened new BAND positions and 29 closed out — a net gain of 1 holder — while 52 added to existing stakes and 43 trimmed.
The largest buyer was Allspring Global Investments, adding an estimated $8.72M. The largest seller was Capital Research Global Investors, exiting entirely with an estimated $26.9M sold.
- 163 institutional investors held Bandwidth Inc (BAND) as of Q1 2023, unchanged from Q4 2022.
- Funds reported $275M of Bandwidth Inc stock for Q1 2023, down 37% quarter-over-quarter.
- 30 funds opened new Bandwidth Inc positions in Q1 2023 and 29 closed out, a net change of +1 holder.
- The largest Bandwidth Inc buyer in Q1 2023 was Allspring Global Investments, an estimated $8.72M added.
- The largest Bandwidth Inc seller in Q1 2023 was Capital Research Global Investors, an estimated $26.9M sold.
Based on aggregated 13F filings for Q1 2023.