Extreme Networks
EXTR
171 hedge funds and large institutions have $668M invested in Extreme Networks in 2017 Q1 according to their latest regulatory filings, with 39 funds opening new positions, 57 increasing their positions, 56 reducing their positions, and 25 closing their positions.
100% more funds holding in top 10
Funds holding in top 10: 3 → 6 (+3)
56% more first-time investments, than exits
New positions opened: 39 | Existing positions closed: 25
51% more capital invested
Capital invested by funds: $441M → $668M (+$226M)
23% more call options, than puts
Call options by funds: $277K | Put options by funds: $226K
5% more funds holding
Funds holding: 163 → 171 (+8)
2% more repeat investments, than reductions
Existing positions increased: 57 | Existing positions reduced: 56
0.14% more ownership
Funds ownership: 82.11% → 82.25% (+0.14%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$40.9M |
| 2 |
RCMC
RK Capital Management (Colorado)
Denver,
Colorado
|
+$13.5M |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
+$7.96M |
| 4 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$7.72M |
| 5 |
Millennium Management
New York
|
+$6.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Hotchkis & Wiley Capital Management
Los Angeles,
California
|
-$30.6M |
| 2 |
AllianceBernstein
Nashville,
Tennessee
|
-$9.43M |
| 3 |
OCG
Opus Capital Group
Cincinnati,
Ohio
|
-$5.82M |
| 4 |
SFM
Soros Fund Management
New York
|
-$4.86M |
| 5 |
BCM
Bridgeway Capital Management
Houston,
Texas
|
-$3.98M |
EXTR Hedge Fund Activity: Q1 2017 in Review
171 of the 4,017 institutional investors tracked by Wall St. Rank reported a position in Extreme Networks (EXTR) for Q1 2017, worth a combined $668M — up 51% from $441M a quarter earlier.
Buyers outnumbered sellers: 39 funds opened new EXTR positions and 25 closed out — a net gain of 14 holders — while 57 added to existing stakes and 56 trimmed.
The largest buyer was BlackRock, adding an estimated $40.9M. The largest seller was Hotchkis & Wiley Capital Management, cutting an estimated $30.6M.
- 171 institutional investors held Extreme Networks (EXTR) as of Q1 2017, up from 163 in Q4 2016.
- Funds reported $668M of Extreme Networks stock for Q1 2017, up 51% quarter-over-quarter.
- 39 funds opened new Extreme Networks positions in Q1 2017 and 25 closed out, a net change of +14 holders.
- The largest Extreme Networks buyer in Q1 2017 was BlackRock, an estimated $40.9M added.
- The largest Extreme Networks seller in Q1 2017 was Hotchkis & Wiley Capital Management, an estimated $30.6M sold.
Based on aggregated 13F filings for Q1 2017.