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Extreme Networks

196 hedge funds and large institutions have $832M invested in Extreme Networks in 2017 Q2 according to their latest regulatory filings, with 49 funds opening new positions, 59 increasing their positions, 73 reducing their positions, and 23 closing their positions.

New
Increased
Maintained
Reduced
Closed

113% more first-time investments, than exits

New positions opened: 49 | Existing positions closed: 23

25% more capital invested

Capital invested by funds: $668M → $832M (+$164M)

17% more funds holding in top 10

Funds holding in top 10: 67 (+1)

15% more funds holding

Funds holding: 171196 (+25)

0.29% less ownership

Funds ownership: 82.25%81.96% (-0.29%)

19% less call options, than puts

Call options by funds: $889K | Put options by funds: $1.09M

19% less repeat investments, than reductions

Existing positions increased: 59 | Existing positions reduced: 73

Holders
196
Holders Change
+25
Holders Change %
+14.62%
% of All Funds
4.89%
Holding in Top 10
7
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+16.67%
% of All Funds
0.17%
New
49
Increased
59
Reduced
73
Closed
23
Calls
$889K
Puts
$1.09M
Net Calls
-$206K
Net Calls Change
-$257K
Name Holding Trade Value Shares
Change
Change in
Stake
Vanguard Group
1
Vanguard Group
Pennsylvania
$74.1M +$7.35M +830,103 +12%
BlackRock
2
BlackRock
New York
$64.2M +$1.05M +118,974 +2%
PCMI
3
Paradigm Capital Management Inc
New York
$59.3M -$1.72M -194,200 -3%
Renaissance Technologies
4
Renaissance Technologies
New York
$42.9M
JP Morgan Chase
5
JP Morgan Chase
New York
$31.7M -$5.82M -657,903 -16%
Ameriprise
6
Ameriprise
Minnesota
$25.6M -$8.31M -938,729 -25%
Dimensional Fund Advisors
7
Dimensional Fund Advisors
Texas
$24.4M -$39K -4,404 -0.2%
State Street
8
State Street
Massachusetts
$21.3M +$908K +102,591 +5%
RCMC
9
RK Capital Management (Colorado)
Colorado
$19.8M -$12.9M -1,459,230 -40%
Fidelity Investments
10
Fidelity Investments
Massachusetts
$19.6M +$6.91M +781,130 +58%
AllianceBernstein
11
AllianceBernstein
Tennessee
$16.9M -$4.5M -508,250 -22%
Millennium Management
12
Millennium Management
New York
$15.2M -$2.14M -241,705 -13%
Goldman Sachs
13
Goldman Sachs
New York
$14.7M +$11.7M +1,316,604 +475%
CRM
14
Cramer Rosenthal McGlynn
Connecticut
$14M +$13.5M +1,521,595 New
Two Sigma Investments
15
Two Sigma Investments
New York
$13.1M +$4.26M +481,393 +51%
ACM
16
ADI Capital Management
New York
$13M +$5.17M +584,142 +71%
Northern Trust
17
Northern Trust
Illinois
$12.7M +$879K +99,289 +8%
Invesco
18
Invesco
Georgia
$12M +$1.48M +166,929 +15%
RCM
19
Ratan Capital Management
Florida
$11.1M +$10.7M +1,204,521 New
BIM
20
Bogle Investment Management
Massachusetts
$10.9M +$4.59M +518,054 +78%
TCIM
21
TIAA CREF Investment Management
New York
$10.5M +$2.06M +232,247 +26%
Geode Capital Management
22
Geode Capital Management
Massachusetts
$9.21M -$1.06M -119,854 -11%
JCM
23
Jafra Capital Management
New York
$9.06M +$8.7M +983,082 New
NI
24
Numeric Investors
Massachusetts
$8.93M -$1.13M -127,800 -12%
D.E. Shaw & Co
25
D.E. Shaw & Co
New York
$8.81M +$3.04M +343,689 +56%

EXTR Hedge Fund Activity: Q2 2017 in Review

196 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in Extreme Networks (EXTR) for Q2 2017, worth a combined $832M — up 25% from $668M a quarter earlier.

Buyers outnumbered sellers: 49 funds opened new EXTR positions and 23 closed out — a net gain of 26 holders — while 59 added to existing stakes and 73 trimmed.

The largest buyer was Cramer Rosenthal McGlynn, opening a new position worth an estimated $13.5M. The largest seller was Arbiter Partners Capital Management, cutting an estimated $22.7M.

  • 196 institutional investors held Extreme Networks (EXTR) as of Q2 2017, up from 171 in Q1 2017.
  • Funds reported $832M of Extreme Networks stock for Q2 2017, up 25% quarter-over-quarter.
  • 49 funds opened new Extreme Networks positions in Q2 2017 and 23 closed out, a net change of +26 holders.
  • The largest Extreme Networks buyer in Q2 2017 was Cramer Rosenthal McGlynn, an estimated $13.5M added.
  • The largest Extreme Networks seller in Q2 2017 was Arbiter Partners Capital Management, an estimated $22.7M sold.

Based on aggregated 13F filings for Q2 2017.