Extreme Networks
EXTR
187 hedge funds and large institutions have $736M invested in Extreme Networks in 2019 Q4 according to their latest regulatory filings, with 33 funds opening new positions, 62 increasing their positions, 57 reducing their positions, and 24 closing their positions.
50% more funds holding in top 10
Funds holding in top 10: 2 → 3 (+1)
38% more first-time investments, than exits
New positions opened: 33 | Existing positions closed: 24
1% more funds holding
Funds holding: 185 → 187 (+2)
1.07% more ownership
Funds ownership: 81.1% → 82.17% (+1.1%)
9% more repeat investments, than reductions
Existing positions increased: 62 | Existing positions reduced: 57
3% more capital invested
Capital invested by funds: $716M → $736M (+$19.7M)
54% less call options, than puts
Call options by funds: $4.38M | Put options by funds: $9.51M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VCA
VIEX Capital Advisors
Sunny Isles Beach,
Florida
|
+$24M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
+$9.73M |
| 3 |
Schroder Investment Management Group
London,
United Kingdom
|
+$4.39M |
| 4 |
Bank of Montreal
Toronto,
Ontario, Canada
|
+$4.25M |
| 5 |
Group One Trading
Chicago,
Illinois
|
+$3.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
-$10.9M |
| 2 |
D.E. Shaw & Co
New York
|
-$10M |
| 3 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$4.35M |
| 4 |
Two Sigma Investments
New York
|
-$4.1M |
| 5 |
AQR Capital Management
Greenwich,
Connecticut
|
-$3.62M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
JG
201
Jefferies Group
New York
| – | -$140K | -19,212 | Closed |
|
|
DTL
202
Dynamic Technology Lab
Singapore
| – | -$133K | -18,248 | Closed |
|
|
QT
203
Quantamental Technologies
White Plains,
New York
| – | -$101K | -13,907 | Closed |
|
|
ECM
204
ExodusPoint Capital Management
New York
| – | -$96K | -13,200 | Closed |
|
205
LPL Financial
San Diego,
California
| – | -$90K | -12,372 | Closed |
|
206
CIBC Asset Management
Toronto,
Ontario, Canada
| – | -$73K | -10,007 | Closed |
|
|
NIT
207
NumerixS Investment Technologies
Vancouver,
British Columbia, Canada
| – | -$39K | -5,300 | Closed |
|
|
QT
208
Quantbot Technologies
New York
| – | -$35K | -4,820 | Closed |
|
209
Walleye Capital
New York
| – | -$4.91K | -700 | Closed |
|
|
RAM
210
Riggs Asset Management
Dallas,
Pennsylvania
| – | -$3K | -500 | Closed |
|
EXTR Hedge Fund Activity: Q4 2019 in Review
187 of the 5,075 institutional investors tracked by Wall St. Rank reported a position in Extreme Networks (EXTR) for Q4 2019, worth a combined $736M — up 2.7% from $716M a quarter earlier.
Buyers outnumbered sellers: 33 funds opened new EXTR positions and 24 closed out — a net gain of 9 holders — while 62 added to existing stakes and 57 trimmed.
The largest buyer was VIEX Capital Advisors, opening a new position worth an estimated $24M. The largest seller was Millennium Management, cutting an estimated $10.9M.
- 187 institutional investors held Extreme Networks (EXTR) as of Q4 2019, up from 185 in Q3 2019.
- Funds reported $736M of Extreme Networks stock for Q4 2019, up 2.7% quarter-over-quarter.
- 33 funds opened new Extreme Networks positions in Q4 2019 and 24 closed out, a net change of +9 holders.
- The largest Extreme Networks buyer in Q4 2019 was VIEX Capital Advisors, an estimated $24M added.
- The largest Extreme Networks seller in Q4 2019 was Millennium Management, an estimated $10.9M sold.
Based on aggregated 13F filings for Q4 2019.