Barracuda Networks, Inc.
CUDA
CUDA was delisted on the 9th of February, 2018.
108 hedge funds and large institutions have $461M invested in Barracuda Networks, Inc. in 2016 Q1 according to their latest regulatory filings, with 21 funds opening new positions, 31 increasing their positions, 34 reducing their positions, and 29 closing their positions.
25% more funds holding in top 10
Funds holding in top 10: 4 → 5 (+1)
9% less repeat investments, than reductions
Existing positions increased: 31 | Existing positions reduced: 34
8% less funds holding
Funds holding: 117 → 108 (-9)
14% less capital invested
Capital invested by funds: $538M → $461M (-$77M)
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 |
CUDA Hedge Fund Activity: Q1 2016 in Review
108 of the 3,767 institutional investors tracked by Wall St. Rank reported a position in Barracuda Networks, Inc. (CUDA) for Q1 2016, worth a combined $461M — down 14% from $538M a quarter earlier.
Sellers outnumbered buyers: 29 funds closed out of CUDA and 21 opened new positions — a net loss of 8 holders — while 34 trimmed existing stakes and 31 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 $461M of Barracuda Networks, Inc. stock for Q1 2016, down 14% 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.