Extreme Networks
EXTR
188 hedge funds and large institutions have $522M invested in Extreme Networks in 2018 Q3 according to their latest regulatory filings, with 25 funds opening new positions, 78 increasing their positions, 57 reducing their positions, and 46 closing their positions.
50% more funds holding in top 10
Funds holding in top 10: 2 → 3 (+1)
37% more repeat investments, than reductions
Existing positions increased: 78 | Existing positions reduced: 57
2.45% less ownership
Funds ownership: 83% → 80.55% (-2.4%)
11% less funds holding
Funds holding: 211 → 188 (-23)
32% less capital invested
Capital invested by funds: $766M → $522M (-$244M)
45% less call options, than puts
Call options by funds: $6.67M | Put options by funds: $12M
46% less first-time investments, than exits
New positions opened: 25 | Existing positions closed: 46
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VCA
VIEX Capital Advisors
Sunny Isles Beach,
Florida
|
+$23.7M |
| 2 |
Marshall Wace
London,
United Kingdom
|
+$12.8M |
| 3 |
State of New Jersey Common Pension Fund D
Trenton,
New Jersey
|
+$11.3M |
| 4 |
AllianceBernstein
Nashville,
Tennessee
|
+$8.27M |
| 5 |
Group One Trading
Chicago,
Illinois
|
+$5.98M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
-$17.9M |
| 2 |
TCIM
TIAA CREF Investment Management
New York
|
-$17.6M |
| 3 |
Ameriprise
Minneapolis,
Minnesota
|
-$11.2M |
| 4 |
Stifel Financial
St. Louis,
Missouri
|
-$10.5M |
| 5 |
KTA
Keeley-Teton Advisors
Chicago,
Illinois
|
-$9.17M |
EXTR Hedge Fund Activity: Q3 2018 in Review
188 of the 4,374 institutional investors tracked by Wall St. Rank reported a position in Extreme Networks (EXTR) for Q3 2018, worth a combined $522M — down 32% from $766M a quarter earlier.
Sellers outnumbered buyers: 46 funds closed out of EXTR and 25 opened new positions — a net loss of 21 holders — while 57 trimmed existing stakes and 78 added.
The largest buyer was VIEX Capital Advisors, adding an estimated $23.7M. The largest seller was Goldman Sachs, cutting an estimated $17.9M.
- 188 institutional investors held Extreme Networks (EXTR) as of Q3 2018, down from 211 in Q2 2018.
- Funds reported $522M of Extreme Networks stock for Q3 2018, down 32% quarter-over-quarter.
- 25 funds opened new Extreme Networks positions in Q3 2018 and 46 closed out, a net change of -21 holders.
- The largest Extreme Networks buyer in Q3 2018 was VIEX Capital Advisors, an estimated $23.7M added.
- The largest Extreme Networks seller in Q3 2018 was Goldman Sachs, an estimated $17.9M sold.
Based on aggregated 13F filings for Q3 2018.