Barracuda Networks, Inc.
CUDA
CUDA was delisted on the 9th of February, 2018.
108 hedge funds and large institutions have $429M invested in Barracuda Networks, Inc. in 2016 Q1 according to their latest regulatory filings, with 21 funds opening new positions, 30 increasing their positions, 35 reducing their positions, and 29 closing their positions.
25% more funds holding in top 10
Funds holding in top 10: 4 → 5 (+1)
8% less funds holding
Funds holding: 117 → 108 (-9)
14% less repeat investments, than reductions
Existing positions increased: 30 | Existing positions reduced: 35
20% less capital invested
Capital invested by funds: $537M → $429M (-$108M)
28% less first-time investments, than exits
New positions opened: 21 | Existing positions closed: 29
41% less call options, than puts
Call options by funds: $2.05M | Put options by funds: $3.49M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
OFM
Okumus Fund Management
Grand Cayman,
Cayman Islands
|
+$56.9M |
| 2 |
ACH
ArrowMark Colorado Holdings
Denver,
Colorado
|
+$26.9M |
| 3 |
Primecap Management
Pasadena,
California
|
+$3.18M |
| 4 |
CAM
Cortina Asset Management
Milwaukee,
Wisconsin
|
+$3.03M |
| 5 |
Prudential Financial
Newark,
New Jersey
|
+$2.08M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Invesco
Atlanta,
Georgia
|
-$17.9M |
| 2 |
VOYA Investment Management
Atlanta,
Georgia
|
-$17.1M |
| 3 |
JP Morgan Chase
New York
|
-$12.6M |
| 4 |
Alyeska Investment Group
Chicago,
Illinois
|
-$6.16M |
| 5 |
PCM
Portolan Capital Management
Boston,
Massachusetts
|
-$5M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
IR
126
Invictus RG
Hamilton,
Bermuda
| – | -$286K | -15,314 | Closed |
|
127
Balyasny Asset Management
Chicago,
Illinois
| – | -$278K | -14,900 | Closed |
|
128
Allianz Asset Management
Munich,
Germany
| – | -$266K | -14,250 | Closed |
|
|
TH
129
Timber Hill
Greenwich,
Connecticut
| – | -$181K | -14,209 | Closed |
|
130
Tudor Investment Corp
Stamford,
Connecticut
| – | -$265K | -14,174 | Closed |
|
|
MC
131
Menta Capital
San Francisco,
California
| – | -$243K | -13,030 | Closed |
|
132
D.E. Shaw & Co
New York
| – | -$214K | -11,472 | Closed |
|
133
AllianceBernstein
Nashville,
Tennessee
| – | -$192K | -10,300 | Closed |
|
134
Walleye Trading
New York
| – | -$27.4K | -2,150 | Closed |
|
135
Carson Wealth (CWM LLC)
Omaha,
Nebraska
| – | -$6K | -300 | Closed |
|
CUDA Hedge Fund Activity: Q1 2016 in Review
108 of the 3,753 institutional investors tracked by Wall St. Rank reported a position in Barracuda Networks, Inc. (CUDA) for Q1 2016, worth a combined $429M — down 20% from $537M a quarter earlier.
Sellers outnumbered buyers: 29 funds closed out of CUDA and 21 opened new positions — a net loss of 8 holders — while 35 trimmed existing stakes and 30 added.
The largest buyer was Okumus Fund Management, opening a new position worth an estimated $56.9M. The largest seller was Invesco, cutting an estimated $17.9M.
- 108 institutional investors held Barracuda Networks, Inc. (CUDA) as of Q1 2016, down from 117 in Q4 2015.
- Funds reported $429M of Barracuda Networks, Inc. stock for Q1 2016, down 20% quarter-over-quarter.
- 21 funds opened new Barracuda Networks, Inc. positions in Q1 2016 and 29 closed out, a net change of -8 holders.
- The largest Barracuda Networks, Inc. buyer in Q1 2016 was Okumus Fund Management, an estimated $56.9M added.
- The largest Barracuda Networks, Inc. seller in Q1 2016 was Invesco, an estimated $17.9M sold.
Based on aggregated 13F filings for Q1 2016.