Extreme Networks
EXTR
147 hedge funds and large institutions have $431M invested in Extreme Networks in 2014 Q1 according to their latest regulatory filings, with 33 funds opening new positions, 43 increasing their positions, 52 reducing their positions, and 34 closing their positions.
243% more call options, than puts
Call options by funds: $477K | Put options by funds: $139K
100% more funds holding in top 10
Funds holding in top 10: 2 → 4 (+2)
3% less first-time investments, than exits
New positions opened: 33 | Existing positions closed: 34
1% less funds holding
Funds holding: 149 → 147 (-2)
17% less capital invested
Capital invested by funds: $521M → $431M (-$89.8M)
17% less repeat investments, than reductions
Existing positions increased: 43 | Existing positions reduced: 52
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
SG Capital Management
Chicago,
Illinois
|
+$22.5M |
| 2 |
SFM
Soros Fund Management
New York
|
+$11.4M |
| 3 |
PWAM
Park West Asset Management
San Francisco,
California
|
+$9.52M |
| 4 |
IIM
Ironwood Investment Management
Boston,
Massachusetts
|
+$9.1M |
| 5 |
CCM
Coe Capital Management
Highland Park,
Illinois
|
+$7.16M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
NI
Numeric Investors
Boston,
Massachusetts
|
-$11.2M |
| 2 |
Renaissance Technologies
New York
|
-$9.99M |
| 3 |
Jacobs Levy Equity Management
Florham Park,
New Jersey
|
-$7.08M |
| 4 |
Millennium Management
New York
|
-$6.74M |
| 5 |
BIM
Bogle Investment Management
Newton Lower Falls,
Massachusetts
|
-$6.25M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
ZIM
176
Zacks Investment Management
Chicago,
Illinois
| – | -$93K | -13,343 | Closed |
|
|
PCM
177
Prelude Capital Management
New York
| – | -$35K | -5,000 | Closed |
|
178
BNP Paribas Financial Markets
Paris,
France
| – | -$8.44K | -1,206 | Closed |
|
|
TCM
179
Tradewinds Capital Management
Bellingham,
Washington
| – | -$3K | -500 | Closed |
|
180
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
| – | -$2K | -280 | Closed |
|
|
TIM
181
Tortoise Investment Management
White Plains,
New York
| – | -$1K | -200 | Closed |
|
EXTR Hedge Fund Activity: Q1 2014 in Review
147 of the 3,462 institutional investors tracked by Wall St. Rank reported a position in Extreme Networks (EXTR) for Q1 2014, worth a combined $431M — down 17% from $521M a quarter earlier.
Sellers outnumbered buyers: 34 funds closed out of EXTR and 33 opened new positions — a net loss of 1 holder — while 52 trimmed existing stakes and 43 added.
The largest buyer was SG Capital Management, opening a new position worth an estimated $22.5M. The largest seller was Numeric Investors, exiting entirely with an estimated $11.2M sold.
- 147 institutional investors held Extreme Networks (EXTR) as of Q1 2014, down from 149 in Q4 2013.
- Funds reported $431M of Extreme Networks stock for Q1 2014, down 17% quarter-over-quarter.
- 33 funds opened new Extreme Networks positions in Q1 2014 and 34 closed out, a net change of -1 holder.
- The largest Extreme Networks buyer in Q1 2014 was SG Capital Management, an estimated $22.5M added.
- The largest Extreme Networks seller in Q1 2014 was Numeric Investors, an estimated $11.2M sold.
Based on aggregated 13F filings for Q1 2014.