Extreme Networks
EXTR
122 hedge funds and large institutions have $342M invested in Extreme Networks in 2014 Q2 according to their latest regulatory filings, with 19 funds opening new positions, 41 increasing their positions, 51 reducing their positions, and 44 closing their positions.
3,419% more call options, than puts
Call options by funds: $915K | Put options by funds: $26K
17% less funds holding
Funds holding: 147 → 122 (-25)
20% less repeat investments, than reductions
Existing positions increased: 41 | Existing positions reduced: 51
21% less capital invested
Capital invested by funds: $431M → $342M (-$88.8M)
50% less funds holding in top 10
Funds holding in top 10: 4 → 2 (-2)
57% less first-time investments, than exits
New positions opened: 19 | Existing positions closed: 44
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
+$16.3M |
| 2 |
Ameriprise
Minneapolis,
Minnesota
|
+$16M |
| 3 |
Norges Bank
Oslo,
Norway
|
+$9.27M |
| 4 |
Boston Partners
Boston,
Massachusetts
|
+$7.94M |
| 5 |
PCM
Potomac Capital Management
New York
|
+$6.89M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
NC
Northpointe Capital
Bloomfield Hills,
Michigan
|
-$18.3M |
| 2 |
Allianz Asset Management
Munich,
Germany
|
-$15.7M |
| 3 |
PWAM
Park West Asset Management
San Francisco,
California
|
-$8.7M |
| 4 |
CCM
Coe Capital Management
Highland Park,
Illinois
|
-$6.54M |
| 5 |
Northern Trust
Chicago,
Illinois
|
-$5.95M |
EXTR Hedge Fund Activity: Q2 2014 in Review
122 of the 3,479 institutional investors tracked by Wall St. Rank reported a position in Extreme Networks (EXTR) for Q2 2014, worth a combined $342M — down 21% from $431M a quarter earlier.
Sellers outnumbered buyers: 44 funds closed out of EXTR and 19 opened new positions — a net loss of 25 holders — while 51 trimmed existing stakes and 41 added.
The largest buyer was Goldman Sachs, adding an estimated $16.3M. The largest seller was Northpointe Capital, exiting entirely with an estimated $18.3M sold.
- 122 institutional investors held Extreme Networks (EXTR) as of Q2 2014, down from 147 in Q1 2014.
- Funds reported $342M of Extreme Networks stock for Q2 2014, down 21% quarter-over-quarter.
- 19 funds opened new Extreme Networks positions in Q2 2014 and 44 closed out, a net change of -25 holders.
- The largest Extreme Networks buyer in Q2 2014 was Goldman Sachs, an estimated $16.3M added.
- The largest Extreme Networks seller in Q2 2014 was Northpointe Capital, an estimated $18.3M sold.
Based on aggregated 13F filings for Q2 2014.