Extreme Networks
EXTR
196 hedge funds and large institutions have $832M invested in Extreme Networks in 2017 Q2 according to their latest regulatory filings, with 49 funds opening new positions, 59 increasing their positions, 73 reducing their positions, and 23 closing their positions.
113% more first-time investments, than exits
New positions opened: 49 | Existing positions closed: 23
25% more capital invested
Capital invested by funds: $668M → $832M (+$164M)
17% more funds holding in top 10
Funds holding in top 10: 6 → 7 (+1)
15% more funds holding
Funds holding: 171 → 196 (+25)
0.29% less ownership
Funds ownership: 82.25% → 81.96% (-0.29%)
19% less call options, than puts
Call options by funds: $889K | Put options by funds: $1.09M
19% less repeat investments, than reductions
Existing positions increased: 59 | Existing positions reduced: 73
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CRM
Cramer Rosenthal McGlynn
Stamford,
Connecticut
|
+$13.5M |
| 2 |
Goldman Sachs
New York
|
+$11.7M |
| 3 |
RCM
Ratan Capital Management
Miami Beach,
Florida
|
+$10.7M |
| 4 |
JCM
Jafra Capital Management
New York
|
+$8.7M |
| 5 |
BNP Paribas Financial Markets
Paris,
France
|
+$7.57M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
APCM
Arbiter Partners Capital Management
New York
|
-$22.7M |
| 2 |
RCMC
RK Capital Management (Colorado)
Denver,
Colorado
|
-$12.9M |
| 3 |
Hotchkis & Wiley Capital Management
Los Angeles,
California
|
-$10.3M |
| 4 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$8.97M |
| 5 |
Ameriprise
Minneapolis,
Minnesota
|
-$8.31M |
EXTR Hedge Fund Activity: Q2 2017 in Review
196 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in Extreme Networks (EXTR) for Q2 2017, worth a combined $832M — up 25% from $668M a quarter earlier.
Buyers outnumbered sellers: 49 funds opened new EXTR positions and 23 closed out — a net gain of 26 holders — while 59 added to existing stakes and 73 trimmed.
The largest buyer was Cramer Rosenthal McGlynn, opening a new position worth an estimated $13.5M. The largest seller was Arbiter Partners Capital Management, cutting an estimated $22.7M.
- 196 institutional investors held Extreme Networks (EXTR) as of Q2 2017, up from 171 in Q1 2017.
- Funds reported $832M of Extreme Networks stock for Q2 2017, up 25% quarter-over-quarter.
- 49 funds opened new Extreme Networks positions in Q2 2017 and 23 closed out, a net change of +26 holders.
- The largest Extreme Networks buyer in Q2 2017 was Cramer Rosenthal McGlynn, an estimated $13.5M added.
- The largest Extreme Networks seller in Q2 2017 was Arbiter Partners Capital Management, an estimated $22.7M sold.
Based on aggregated 13F filings for Q2 2017.