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BRCD

Brocade Communications Systems, Inc. NEW
BRCD

Delisted

BRCD was delisted on the 16th of November, 2017.

316 hedge funds and large institutions have $4.33B invested in Brocade Communications Systems, Inc. NEW in 2016 Q4 according to their latest regulatory filings, with 71 funds opening new positions, 74 increasing their positions, 138 reducing their positions, and 88 closing their positions.

New
Increased
Maintained
Reduced
Closed

161% more call options, than puts

Call options by funds: $14M | Put options by funds: $5.38M

41% more capital invested

Capital invested by funds: $3.07B → $4.33B (+$1.25B)

6% less funds holding

Funds holding: 337316 (-21)

19% less first-time investments, than exits

New positions opened: 71 | Existing positions closed: 88

46% less repeat investments, than reductions

Existing positions increased: 74 | Existing positions reduced: 138

Holders
316
Holders Change
-21
Holders Change %
-6.23%
% of All Funds
7.9%
Holding in Top 10
12
Holding in Top 10 Change
+12
Holding in Top 10 Change %
% of All Funds
0.3%
New
71
Increased
74
Reduced
138
Closed
88
Calls
$14M
Puts
$5.38M
Net Calls
+$8.65M
Net Calls Change
-$7.82M
Name Holding Trade Value Shares
Change
Change in
Stake
Geode Capital Management
26
Geode Capital Management
Massachusetts
$38.6M -$26.2M -2,325,044 -43%
Wells Fargo
27
Wells Fargo
California
$38M -$42.6M -3,784,616 -55%
Alyeska Investment Group
28
Alyeska Investment Group
Illinois
$37.2M -$15.3M -1,356,652 -31%
Jennison Associates
29
Jennison Associates
New York
$36.6M -$34.7M -3,080,175 -51%
CI
30
Cowen Inc
New York
$35.7M +$32.2M +2,858,766 New
Macquarie Group
31
Macquarie Group
Australia
$30.4M -$8.27M -735,118 -23%
Millennium Management
32
Millennium Management
New York
$29.8M +$16M +1,417,992 +147%
TA
33
Teachers Advisors
New York
$26M +$457K +40,617 +2%
HHC
34
Hutchin Hill Capital
New York
$24.7M +$21.1M +1,878,785 +1,890%
N
35
Natixis
France
$24.2M +$21.8M +1,933,635 New
OP
36
Omni Partners
United Kingdom
$23.7M +$21.3M +1,894,840 New
OAC
37
OMERS Administration Corp
Ontario, Canada
$23.6M +$21.2M +1,887,000 New
FCH
38
Freestone Capital Holdings
Washington
$22.9M -$829K -73,631 -4%
GF
39
Gabelli Funds
New York
$22.8M +$20.5M +1,823,253 New
CCM
40
Chicago Capital Management
Illinois
$22.4M +$20.1M +1,789,880 New
Ameriprise
41
Ameriprise
Minnesota
$21.5M -$396K -35,213 -2%
Charles Schwab
42
Charles Schwab
California
$21.1M +$843K +74,883 +5%
Bank of America
43
Bank of America
North Carolina
$20.4M -$22.6M -2,007,114 -55%
Principal Financial Group
44
Principal Financial Group
Iowa
$20.1M +$222K +19,716 +1%
First Trust Advisors
45
First Trust Advisors
Illinois
$19.9M -$358K -31,786 -2%
Royal Bank of Canada
46
Royal Bank of Canada
Ontario, Canada
$19.9M +$17.7M +1,571,548 +6,934%
Grantham, Mayo, Van Otterloo & Co (GMO)
47
Grantham, Mayo, Van Otterloo & Co (GMO)
Massachusetts
$19M +$16.9M +1,500,727 +7,469%
TCIM
48
TIAA CREF Investment Management
New York
$18.9M -$9.63M -856,250 -36%
Prudential Financial
49
Prudential Financial
New Jersey
$18.6M -$29.8M -2,649,059 -64%
California Public Employees Retirement System
50
California Public Employees Retirement System
California
$18.6M -$457K -40,600 -3%

BRCD Hedge Fund Activity: Q4 2016 in Review

316 of the 4,000 institutional investors tracked by Wall St. Rank reported a position in Brocade Communications Systems, Inc. NEW (BRCD) for Q4 2016, worth a combined $4.33B — up 41% from $3.07B a quarter earlier.

Sellers outnumbered buyers: 88 funds closed out of BRCD and 71 opened new positions — a net loss of 17 holders — while 138 trimmed existing stakes and 74 added.

The largest buyer was AQR Arbitrage, opening a new position worth an estimated $117M. The largest seller was AQR Capital Management, cutting an estimated $107M.

  • 316 institutional investors held Brocade Communications Systems, Inc. NEW (BRCD) as of Q4 2016, down from 337 in Q3 2016.
  • Funds reported $4.33B of Brocade Communications Systems, Inc. NEW stock for Q4 2016, up 41% quarter-over-quarter.
  • 71 funds opened new Brocade Communications Systems, Inc. NEW positions in Q4 2016 and 88 closed out, a net change of -17 holders.
  • The largest Brocade Communications Systems, Inc. NEW buyer in Q4 2016 was AQR Arbitrage, an estimated $117M added.
  • The largest Brocade Communications Systems, Inc. NEW seller in Q4 2016 was AQR Capital Management, an estimated $107M sold.

Based on aggregated 13F filings for Q4 2016.