Extreme Networks
EXTR
184 hedge funds and large institutions have $631M invested in Extreme Networks in 2019 Q2 according to their latest regulatory filings, with 24 funds opening new positions, 79 increasing their positions, 54 reducing their positions, and 35 closing their positions.
46% more repeat investments, than reductions
Existing positions increased: 79 | Existing positions reduced: 54
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
0.8% less ownership
Funds ownership: 83% → 82.2% (-0.8%)
8% less funds holding
Funds holding: 201 → 184 (-17)
13% less capital invested
Capital invested by funds: $726M → $631M (-$94.4M)
31% less first-time investments, than exits
New positions opened: 24 | Existing positions closed: 35
92% less call options, than puts
Call options by funds: $1.1M | Put options by funds: $13.2M
Top Buyers
| 1 |
N
Nuveen
Charlotte,
North Carolina
|
+$18.1M |
| 2 |
D.E. Shaw & Co
New York
|
+$9.7M |
| 3 |
Renaissance Technologies
New York
|
+$6.33M |
| 4 |
KCM
Kennedy Capital Management
St Louis,
Missouri
|
+$4.64M |
| 5 |
Dimensional Fund Advisors
Austin,
Texas
|
+$3.98M |
Top Sellers
| 1 |
Russell Investments Group
London,
United Kingdom
|
-$9.29M |
| 2 |
Millennium Management
New York
|
-$5.87M |
| 3 |
Morgan Stanley
New York
|
-$5.55M |
| 4 |
KTA
Keeley-Teton Advisors
Chicago,
Illinois
|
-$4.33M |
| 5 |
Boston Partners
Boston,
Massachusetts
|
-$3.27M |
EXTR Hedge Fund Activity: Q2 2019 in Review
184 of the 4,604 institutional investors tracked by Wall St. Rank reported a position in Extreme Networks (EXTR) for Q2 2019, worth a combined $631M — down 13% from $726M a quarter earlier.
Sellers outnumbered buyers: 35 funds closed out of EXTR and 24 opened new positions — a net loss of 11 holders — while 54 trimmed existing stakes and 79 added.
The largest buyer was Nuveen, opening a new position worth an estimated $18.1M. The largest seller was Russell Investments Group, exiting entirely with an estimated $9.29M sold.
- 184 institutional investors held Extreme Networks (EXTR) as of Q2 2019, down from 201 in Q1 2019.
- Funds reported $631M of Extreme Networks stock for Q2 2019, down 13% quarter-over-quarter.
- 24 funds opened new Extreme Networks positions in Q2 2019 and 35 closed out, a net change of -11 holders.
- The largest Extreme Networks buyer in Q2 2019 was Nuveen, an estimated $18.1M added.
- The largest Extreme Networks seller in Q2 2019 was Russell Investments Group, an estimated $9.29M sold.
Based on aggregated 13F filings for Q2 2019.