Extreme Networks
EXTR
302 hedge funds and large institutions have $2.97B invested in Extreme Networks in 2023 Q2 according to their latest regulatory filings, with 63 funds opening new positions, 103 increasing their positions, 101 reducing their positions, and 41 closing their positions.
54% more first-time investments, than exits
New positions opened: 63 | Existing positions closed: 41
35% more capital invested
Capital invested by funds: $2.2B → $2.97B (+$771M)
13% more funds holding in top 10
Funds holding in top 10: 8 → 9 (+1)
7% more funds holding
Funds holding: 281 → 302 (+21)
2% more repeat investments, than reductions
Existing positions increased: 103 | Existing positions reduced: 101
0.63% less ownership
Funds ownership: 88.99% → 88.36% (-0.63%)
38% less call options, than puts
Call options by funds: $13M | Put options by funds: $20.8M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$22.4M |
| 2 |
DCM
Driehaus Capital Management
Chicago,
Illinois
|
+$21.9M |
| 3 |
Millennium Management
New York
|
+$19.8M |
| 4 |
Prudential Financial
Newark,
New Jersey
|
+$19.1M |
| 5 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$16.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VC
Voss Capital
Houston,
Texas
|
-$77.7M |
| 2 |
Capital Research Global Investors
Los Angeles,
California
|
-$38.6M |
| 3 |
Bank of New York Mellon
New York
|
-$38M |
| 4 |
BSA
Braun Stacey Associates
New York
|
-$22M |
| 5 |
OAM
Ophir Asset Management
Sydney,
Australia
|
-$21.9M |
EXTR Hedge Fund Activity: Q2 2023 in Review
302 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in Extreme Networks (EXTR) for Q2 2023, worth a combined $2.97B — up 35% from $2.2B a quarter earlier.
Buyers outnumbered sellers: 63 funds opened new EXTR positions and 41 closed out — a net gain of 22 holders — while 103 added to existing stakes and 101 trimmed.
The largest buyer was Arrowstreet Capital, adding an estimated $22.4M. The largest seller was Voss Capital, cutting an estimated $77.7M.
- 302 institutional investors held Extreme Networks (EXTR) as of Q2 2023, up from 281 in Q1 2023.
- Funds reported $2.97B of Extreme Networks stock for Q2 2023, up 35% quarter-over-quarter.
- 63 funds opened new Extreme Networks positions in Q2 2023 and 41 closed out, a net change of +22 holders.
- The largest Extreme Networks buyer in Q2 2023 was Arrowstreet Capital, an estimated $22.4M added.
- The largest Extreme Networks seller in Q2 2023 was Voss Capital, an estimated $77.7M sold.
Based on aggregated 13F filings for Q2 2023.