Extreme Networks
EXTR
133 hedge funds and large institutions have $259M invested in Extreme Networks in 2016 Q1 according to their latest regulatory filings, with 10 funds opening new positions, 55 increasing their positions, 52 reducing their positions, and 23 closing their positions.
6% more repeat investments, than reductions
Existing positions increased: 55 | Existing positions reduced: 52
9% less funds holding
Funds holding: 146 → 133 (-13)
24% less capital invested
Capital invested by funds: $339M → $259M (-$79.8M)
25% less funds holding in top 10
Funds holding in top 10: 4 → 3 (-1)
48% less call options, than puts
Call options by funds: $127K | Put options by funds: $246K
57% less first-time investments, than exits
New positions opened: 10 | Existing positions closed: 23
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Vanguard Group
Malvern,
Pennsylvania
|
+$6.27M |
| 2 |
Ameriprise
Minneapolis,
Minnesota
|
+$5.81M |
| 3 |
PCMI
Paradigm Capital Management Inc
Albany,
New York
|
+$3.73M |
| 4 |
AllianceBernstein
Nashville,
Tennessee
|
+$1.71M |
| 5 |
BFM
Boothbay Fund Management
New York
|
+$1.36M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TI
Trigran Investments
Northbrook,
Illinois
|
-$3.83M |
| 2 |
Hotchkis & Wiley Capital Management
Los Angeles,
California
|
-$3.82M |
| 3 |
APCM
Arbiter Partners Capital Management
New York
|
-$2.68M |
| 4 |
Morgan Stanley
New York
|
-$2.3M |
| 5 |
BIM
Bogle Investment Management
Newton Lower Falls,
Massachusetts
|
-$1.93M |
EXTR Hedge Fund Activity: Q1 2016 in Review
133 of the 3,767 institutional investors tracked by Wall St. Rank reported a position in Extreme Networks (EXTR) for Q1 2016, worth a combined $259M — down 24% from $339M a quarter earlier.
Sellers outnumbered buyers: 23 funds closed out of EXTR and 10 opened new positions — a net loss of 13 holders — while 52 trimmed existing stakes and 55 added.
The largest buyer was Vanguard Group, adding an estimated $6.27M. The largest seller was Trigran Investments, exiting entirely with an estimated $3.83M sold.
- 133 institutional investors held Extreme Networks (EXTR) as of Q1 2016, down from 146 in Q4 2015.
- Funds reported $259M of Extreme Networks stock for Q1 2016, down 24% quarter-over-quarter.
- 10 funds opened new Extreme Networks positions in Q1 2016 and 23 closed out, a net change of -13 holders.
- The largest Extreme Networks buyer in Q1 2016 was Vanguard Group, an estimated $6.27M added.
- The largest Extreme Networks seller in Q1 2016 was Trigran Investments, an estimated $3.83M sold.
Based on aggregated 13F filings for Q1 2016.