Extreme Networks
EXTR
149 hedge funds and large institutions have $521M invested in Extreme Networks in 2013 Q4 according to their latest regulatory filings, with 38 funds opening new positions, 53 increasing their positions, 45 reducing their positions, and 27 closing their positions.
650% more call options, than puts
Call options by funds: $510K | Put options by funds: $68K
41% more first-time investments, than exits
New positions opened: 38 | Existing positions closed: 27
40% more capital invested
Capital invested by funds: $371M → $521M (+$150M)
18% more repeat investments, than reductions
Existing positions increased: 53 | Existing positions reduced: 45
8% more funds holding
Funds holding: 138 → 149 (+11)
33% less funds holding in top 10
Funds holding in top 10: 3 → 2 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Allianz Asset Management
Munich,
Germany
|
+$15M |
| 2 |
Renaissance Technologies
New York
|
+$10.4M |
| 3 |
NC
Northpointe Capital
Bloomfield Hills,
Michigan
|
+$7.86M |
| 4 |
BA
BlackRock Advisors
Wilmington,
Delaware
|
+$5.97M |
| 5 |
AQR Capital Management
Greenwich,
Connecticut
|
+$5.09M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
-$18.7M |
| 2 |
SFM
Soros Fund Management
New York
|
-$13M |
| 3 |
ICM
Invicta Capital Management
New York
|
-$12.5M |
| 4 |
SCM
SG Capital Management
Chicago,
Illinois
|
-$9.12M |
| 5 |
SV
Starboard Value
New York
|
-$6.09M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
176
Group One Trading
Chicago,
Illinois
| – | -$18.2K | -2,924 | Closed |
|
EXTR Hedge Fund Activity: Q4 2013 in Review
149 of the 3,445 institutional investors tracked by Wall St. Rank reported a position in Extreme Networks (EXTR) for Q4 2013, worth a combined $521M — up 40% from $371M a quarter earlier.
Buyers outnumbered sellers: 38 funds opened new EXTR positions and 27 closed out — a net gain of 11 holders — while 53 added to existing stakes and 45 trimmed.
The largest buyer was Allianz Asset Management, adding an estimated $15M. The largest seller was Wellington Management Group, cutting an estimated $18.7M.
- 149 institutional investors held Extreme Networks (EXTR) as of Q4 2013, up from 138 in Q3 2013.
- Funds reported $521M of Extreme Networks stock for Q4 2013, up 40% quarter-over-quarter.
- 38 funds opened new Extreme Networks positions in Q4 2013 and 27 closed out, a net change of +11 holders.
- The largest Extreme Networks buyer in Q4 2013 was Allianz Asset Management, an estimated $15M added.
- The largest Extreme Networks seller in Q4 2013 was Wellington Management Group, an estimated $18.7M sold.
Based on aggregated 13F filings for Q4 2013.