Extreme Networks
EXTR
156 hedge funds and large institutions have $412M invested in Extreme Networks in 2020 Q2 according to their latest regulatory filings, with 20 funds opening new positions, 64 increasing their positions, 49 reducing their positions, and 26 closing their positions.
40% more capital invested
Capital invested by funds: $294M → $412M (+$117M)
31% more repeat investments, than reductions
Existing positions increased: 64 | Existing positions reduced: 49
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
1.5% less ownership
Funds ownership: 80.41% → 78.91% (-1.5%)
4% less funds holding
Funds holding: 163 → 156 (-7)
23% less first-time investments, than exits
New positions opened: 20 | Existing positions closed: 26
23% less call options, than puts
Call options by funds: $1.33M | Put options by funds: $1.73M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
+$8.13M |
| 2 |
D.E. Shaw & Co
New York
|
+$6.07M |
| 3 |
Assenagon Asset Management
Senningerberg,
Luxembourg
|
+$4.49M |
| 4 |
Norges Bank
Oslo,
Norway
|
+$3.21M |
| 5 |
KCM
Kennedy Capital Management
St Louis,
Missouri
|
+$2.27M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$6.05M |
| 2 |
Millennium Management
New York
|
-$4.83M |
| 3 |
BRF
B. Riley Financial
Los Angeles,
California
|
-$4.18M |
| 4 |
CRM
Cramer Rosenthal McGlynn
Stamford,
Connecticut
|
-$3.5M |
| 5 |
Citadel Advisors
Miami,
Florida
|
-$2.42M |
EXTR Hedge Fund Activity: Q2 2020 in Review
156 of the 4,877 institutional investors tracked by Wall St. Rank reported a position in Extreme Networks (EXTR) for Q2 2020, worth a combined $412M — up 40% from $294M a quarter earlier.
Sellers outnumbered buyers: 26 funds closed out of EXTR and 20 opened new positions — a net loss of 6 holders — while 49 trimmed existing stakes and 64 added.
The largest buyer was Goldman Sachs, adding an estimated $8.13M. The largest seller was Fidelity Investments, cutting an estimated $6.05M.
- 156 institutional investors held Extreme Networks (EXTR) as of Q2 2020, down from 163 in Q1 2020.
- Funds reported $412M of Extreme Networks stock for Q2 2020, up 40% quarter-over-quarter.
- 20 funds opened new Extreme Networks positions in Q2 2020 and 26 closed out, a net change of -6 holders.
- The largest Extreme Networks buyer in Q2 2020 was Goldman Sachs, an estimated $8.13M added.
- The largest Extreme Networks seller in Q2 2020 was Fidelity Investments, an estimated $6.05M sold.
Based on aggregated 13F filings for Q2 2020.