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Extreme Networks

191 hedge funds and large institutions have $570M invested in Extreme Networks in 2018 Q4 according to their latest regulatory filings, with 39 funds opening new positions, 59 increasing their positions, 68 reducing their positions, and 34 closing their positions.

New
Increased
Maintained
Reduced
Closed

15% more first-time investments, than exits

New positions opened: 39 | Existing positions closed: 34

9% more capital invested

Capital invested by funds: $522M → $570M (+$47.6M)

2% more funds holding

Funds holding: 188191 (+3)

0% more funds holding in top 10

Funds holding in top 10: 33 (0)

0.95% less ownership

Funds ownership: 80.55%79.6% (-0.95%)

13% less repeat investments, than reductions

Existing positions increased: 59 | Existing positions reduced: 68

78% less call options, than puts

Call options by funds: $6.23M | Put options by funds: $27.9M

Holders
191
Holders Change
+3
Holders Change %
+1.6%
% of All Funds
4.26%
Holding in Top 10
3
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.07%
New
39
Increased
59
Reduced
68
Closed
34
Calls
$6.23M
Puts
$27.9M
Net Calls
-$21.7M
Net Calls Change
-$16.4M
Name Holding Trade Value Shares
Change
Change in
Stake
BlackRock
1
BlackRock
New York
$99.2M -$746K -128,688 -0.8%
Vanguard Group
2
Vanguard Group
Pennsylvania
$44.2M +$571K +98,503 +1%
PCMI
3
Paradigm Capital Management Inc
New York
$41M +$1.51M +259,700 +4%
CRM
4
Cramer Rosenthal McGlynn
Connecticut
$30.7M +$2.73M +470,779 +10%
AllianceBernstein
5
AllianceBernstein
Tennessee
$24.2M +$5.32M +917,312 +30%
State Street
6
State Street
Massachusetts
$23.7M -$684K -118,000 -3%
Fidelity Investments
7
Fidelity Investments
Massachusetts
$20.5M -$917K -158,102 -4%
TA
8
Teachers Advisors
New York
$16.3M -$73.9K -12,743 -0.5%
Ameriprise
9
Ameriprise
Minnesota
$15.7M +$7.87K +1,356 +0.1%
VCA
10
VIEX Capital Advisors
Florida
$14.2M -$6.61M -1,139,395 -33%
Millennium Management
11
Millennium Management
New York
$13.9M +$6.9M +1,189,409 +109%
Susquehanna International Group
12
Susquehanna International Group
Pennsylvania
$9.89M +$2.28M +393,062 +32%
Northern Trust
13
Northern Trust
Illinois
$9.16M -$168K -28,919 -2%
D.E. Shaw & Co
14
D.E. Shaw & Co
New York
$9.13M +$4.06M +699,754 +88%
State of New Jersey Common Pension Fund D
15
State of New Jersey Common Pension Fund D
New Jersey
$8.54M -$1.16M -200,000 -13%
Bank of New York Mellon
16
Bank of New York Mellon
New York
$8.22M -$672K -115,834 -8%
Geode Capital Management
17
Geode Capital Management
Massachusetts
$7.99M +$305K +52,572 +4%
KTA
18
Keeley-Teton Advisors
Illinois
$6.8M +$6.47M +1,114,570 New
Goldman Sachs
19
Goldman Sachs
New York
$6.51M +$3.24M +558,111 +110%
Citadel Advisors
20
Citadel Advisors
Florida
$6.28M +$460K +79,225 +8%
Principal Financial Group
21
Principal Financial Group
Iowa
$5.96M -$539K -92,847 -9%
Marshall Wace
22
Marshall Wace
United Kingdom
$5.82M -$4.97M -856,492 -47%
Group One Trading
23
Group One Trading
Illinois
$5.72M -$1.14M -196,241 -17%
Russell Investments Group
24
Russell Investments Group
United Kingdom
$5.54M +$5.27M +908,766 New
Charles Schwab
25
Charles Schwab
California
$5.32M -$376K -64,882 -7%

EXTR Hedge Fund Activity: Q4 2018 in Review

191 of the 4,488 institutional investors tracked by Wall St. Rank reported a position in Extreme Networks (EXTR) for Q4 2018, worth a combined $570M — up 9.1% from $522M a quarter earlier.

Buyers outnumbered sellers: 39 funds opened new EXTR positions and 34 closed out — a net gain of 5 holders — while 59 added to existing stakes and 68 trimmed.

The largest buyer was Millennium Management, adding an estimated $6.9M. The largest seller was Alyeska Investment Group, exiting entirely with an estimated $10.2M sold.

  • 191 institutional investors held Extreme Networks (EXTR) as of Q4 2018, up from 188 in Q3 2018.
  • Funds reported $570M of Extreme Networks stock for Q4 2018, up 9.1% quarter-over-quarter.
  • 39 funds opened new Extreme Networks positions in Q4 2018 and 34 closed out, a net change of +5 holders.
  • The largest Extreme Networks buyer in Q4 2018 was Millennium Management, an estimated $6.9M added.
  • The largest Extreme Networks seller in Q4 2018 was Alyeska Investment Group, an estimated $10.2M sold.

Based on aggregated 13F filings for Q4 2018.