Extreme Networks
EXTR
211 hedge funds and large institutions have $766M invested in Extreme Networks in 2018 Q2 according to their latest regulatory filings, with 37 funds opening new positions, 81 increasing their positions, 67 reducing their positions, and 44 closing their positions.
21% more repeat investments, than reductions
Existing positions increased: 81 | Existing positions reduced: 67
1% more call options, than puts
Call options by funds: $14.7M | Put options by funds: $14.6M
4% less funds holding
Funds holding: 219 → 211 (-8)
4.81% less ownership
Funds ownership: 87.81% → 83% (-4.8%)
16% less first-time investments, than exits
New positions opened: 37 | Existing positions closed: 44
32% less capital invested
Capital invested by funds: $1.12B → $766M (-$355M)
71% less funds holding in top 10
Funds holding in top 10: 7 → 2 (-5)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$29.3M |
| 2 |
CRM
Cramer Rosenthal McGlynn
Stamford,
Connecticut
|
+$24M |
| 3 |
Alyeska Investment Group
Chicago,
Illinois
|
+$17.2M |
| 4 |
TA
Teachers Advisors
New York
|
+$15.1M |
| 5 |
MWNA
Marshall Wace North America
New York
|
+$14.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Vanguard Group
Malvern,
Pennsylvania
|
-$34.5M |
| 2 |
JP Morgan Chase
New York
|
-$24.5M |
| 3 |
RI
Redwood Investments
Boston,
Massachusetts
|
-$18.6M |
| 4 |
Dimensional Fund Advisors
Austin,
Texas
|
-$18.4M |
| 5 |
Renaissance Technologies
New York
|
-$15.4M |
EXTR Hedge Fund Activity: Q2 2018 in Review
211 of the 4,368 institutional investors tracked by Wall St. Rank reported a position in Extreme Networks (EXTR) for Q2 2018, worth a combined $766M — down 32% from $1.12B a quarter earlier.
Sellers outnumbered buyers: 44 funds closed out of EXTR and 37 opened new positions — a net loss of 7 holders — while 67 trimmed existing stakes and 81 added.
The largest buyer was Fidelity Investments, adding an estimated $29.3M. The largest seller was Vanguard Group, cutting an estimated $34.5M.
- 211 institutional investors held Extreme Networks (EXTR) as of Q2 2018, down from 219 in Q1 2018.
- Funds reported $766M of Extreme Networks stock for Q2 2018, down 32% quarter-over-quarter.
- 37 funds opened new Extreme Networks positions in Q2 2018 and 44 closed out, a net change of -7 holders.
- The largest Extreme Networks buyer in Q2 2018 was Fidelity Investments, an estimated $29.3M added.
- The largest Extreme Networks seller in Q2 2018 was Vanguard Group, an estimated $34.5M sold.
Based on aggregated 13F filings for Q2 2018.