Extreme Networks
EXTR
132 hedge funds and large institutions have $254M invested in Extreme Networks in 2016 Q1 according to their latest regulatory filings, with 10 funds opening new positions, 54 increasing their positions, 52 reducing their positions, and 24 closing their positions.
4% more repeat investments, than reductions
Existing positions increased: 54 | Existing positions reduced: 52
10% less funds holding
Funds holding: 146 → 132 (-14)
25% less capital invested
Capital invested by funds: $339M → $254M (-$84.1M)
25% less funds holding in top 10
Funds holding in top 10: 4 → 3 (-1)
48% less call options, than puts
Call options by funds: $127K | Put options by funds: $246K
58% less first-time investments, than exits
New positions opened: 10 | Existing positions closed: 24
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Vanguard Group
Malvern,
Pennsylvania
|
+$6.27M |
| 2 |
Ameriprise
Minneapolis,
Minnesota
|
+$5.81M |
| 3 |
PCMI
Paradigm Capital Management Inc
Albany,
New York
|
+$3.73M |
| 4 |
AllianceBernstein
Nashville,
Tennessee
|
+$1.71M |
| 5 |
Millennium Management
New York
|
+$1.35M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TI
Trigran Investments
Northbrook,
Illinois
|
-$3.83M |
| 2 |
Hotchkis & Wiley Capital Management
Los Angeles,
California
|
-$3.82M |
| 3 |
APCM
Arbiter Partners Capital Management
New York
|
-$2.68M |
| 4 |
Morgan Stanley
New York
|
-$2.3M |
| 5 |
BIM
Bogle Investment Management
Newton Lower Falls,
Massachusetts
|
-$1.93M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
HHC
151
Hutchin Hill Capital
New York
| – | -$52K | -12,700 | Closed |
|
152
Squarepoint
New York
| – | -$46K | -11,300 | Closed |
|
|
CCS
153
Crosspoint Capital Strategies
Orinda,
California
| – | -$20K | -5,540 | Closed |
|
154
New York State Teachers Retirement System (NYSTRS)
Albany,
New York
| – | -$8K | -1,900 | Closed |
|
|
TDC
155
Thompson Davis & Co
Richmond,
Virginia
| – | -$4K | -1,000 | Closed |
|
156
Bessemer Group
Woodbridge,
New Jersey
| – | -$3K | -765 | Closed |
|
EXTR Hedge Fund Activity: Q1 2016 in Review
132 of the 3,753 institutional investors tracked by Wall St. Rank reported a position in Extreme Networks (EXTR) for Q1 2016, worth a combined $254M — down 25% from $339M a quarter earlier.
Sellers outnumbered buyers: 24 funds closed out of EXTR and 10 opened new positions — a net loss of 14 holders — while 52 trimmed existing stakes and 54 added.
The largest buyer was Vanguard Group, adding an estimated $6.27M. The largest seller was Trigran Investments, exiting entirely with an estimated $3.83M sold.
- 132 institutional investors held Extreme Networks (EXTR) as of Q1 2016, down from 146 in Q4 2015.
- Funds reported $254M of Extreme Networks stock for Q1 2016, down 25% quarter-over-quarter.
- 10 funds opened new Extreme Networks positions in Q1 2016 and 24 closed out, a net change of -14 holders.
- The largest Extreme Networks buyer in Q1 2016 was Vanguard Group, an estimated $6.27M added.
- The largest Extreme Networks seller in Q1 2016 was Trigran Investments, an estimated $3.83M sold.
Based on aggregated 13F filings for Q1 2016.