Extreme Networks
EXTR
138 hedge funds and large institutions have $371M invested in Extreme Networks in 2013 Q3 according to their latest regulatory filings, with 46 funds opening new positions, 52 increasing their positions, 24 reducing their positions, and 14 closing their positions.
850% more call options, than puts
Call options by funds: $152K | Put options by funds: $16K
229% more first-time investments, than exits
New positions opened: 46 | Existing positions closed: 14
117% more repeat investments, than reductions
Existing positions increased: 52 | Existing positions reduced: 24
44% more capital invested
Capital invested by funds: $257M → $371M (+$114M)
30% more funds holding
Funds holding: 106 → 138 (+32)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ICM
Invicta Capital Management
New York
|
+$9.77M |
| 2 |
NC
Northpointe Capital
Bloomfield Hills,
Michigan
|
+$8.64M |
| 3 |
Millennium Management
New York
|
+$7.17M |
| 4 |
SCM
SG Capital Management
Chicago,
Illinois
|
+$7.11M |
| 5 |
CAM
Cortina Asset Management
Milwaukee,
Wisconsin
|
+$6.81M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SFM
Soros Fund Management
New York
|
-$28.4M |
| 2 |
SV
Starboard Value
New York
|
-$26.9M |
| 3 |
RCM
Raging Capital Management
Rocky Hill,
New Jersey
|
-$12.3M |
| 4 |
Wellington Management Group
Boston,
Massachusetts
|
-$10.2M |
| 5 |
NC
Nokomis Capital
Dallas,
Texas
|
-$8.94M |
EXTR Hedge Fund Activity: Q3 2013 in Review
138 of the 3,084 institutional investors tracked by Wall St. Rank reported a position in Extreme Networks (EXTR) for Q3 2013, worth a combined $371M — up 44% from $257M a quarter earlier.
Buyers outnumbered sellers: 46 funds opened new EXTR positions and 14 closed out — a net gain of 32 holders — while 52 added to existing stakes and 24 trimmed.
The largest buyer was Invicta Capital Management, opening a new position worth an estimated $9.77M. The largest seller was Soros Fund Management, cutting an estimated $28.4M.
- 138 institutional investors held Extreme Networks (EXTR) as of Q3 2013, up from 106 in Q2 2013.
- Funds reported $371M of Extreme Networks stock for Q3 2013, up 44% quarter-over-quarter.
- 46 funds opened new Extreme Networks positions in Q3 2013 and 14 closed out, a net change of +32 holders.
- The largest Extreme Networks buyer in Q3 2013 was Invicta Capital Management, an estimated $9.77M added.
- The largest Extreme Networks seller in Q3 2013 was Soros Fund Management, an estimated $28.4M sold.
Based on aggregated 13F filings for Q3 2013.