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Extreme Networks

201 hedge funds and large institutions have $726M invested in Extreme Networks in 2019 Q1 according to their latest regulatory filings, with 30 funds opening new positions, 69 increasing their positions, 70 reducing their positions, and 18 closing their positions.

New
Increased
Maintained
Reduced
Closed

67% more first-time investments, than exits

New positions opened: 30 | Existing positions closed: 18

27% more capital invested

Capital invested by funds: $570M → $726M (+$156M)

5% more funds holding

Funds holding: 191201 (+10)

3.4% more ownership

Funds ownership: 79.6%83% (+3.4%)

1% less repeat investments, than reductions

Existing positions increased: 69 | Existing positions reduced: 70

33% less funds holding in top 10

Funds holding in top 10: 32 (-1)

87% less call options, than puts

Call options by funds: $1.18M | Put options by funds: $9.34M

Holders
201
Holders Change
+10
Holders Change %
+5.24%
% of All Funds
4.35%
Holding in Top 10
2
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-33.33%
% of All Funds
0.04%
New
30
Increased
69
Reduced
70
Closed
18
Calls
$1.18M
Puts
$9.34M
Net Calls
-$8.16M
Net Calls Change
+$13.5M
Name Holding Trade Value Shares
Change
Change in
Stake
BlackRock
1
BlackRock
New York
$121M -$1.12M -153,426 -0.9%
Vanguard Group
2
Vanguard Group
Pennsylvania
$60.9M +$6.42M +880,368 +12%
PCMI
3
Paradigm Capital Management Inc
New York
$50.5M +$139K +19,000 +0.3%
State Street
4
State Street
Massachusetts
$27.7M -$1.35M -185,224 -5%
Fidelity Investments
5
Fidelity Investments
Massachusetts
$27.1M +$1.86M +255,096 +8%
D.E. Shaw & Co
6
D.E. Shaw & Co
New York
$24.6M +$13.1M +1,789,274 +120%
AllianceBernstein
7
AllianceBernstein
Tennessee
$24.1M -$5.48M -750,435 -19%
Ameriprise
8
Ameriprise
Minnesota
$20.5M +$1.23M +168,946 +7%
TA
9
Teachers Advisors
New York
$19.4M -$647K -88,735 -3%
Renaissance Technologies
10
Renaissance Technologies
New York
$19.1M +$12.6M +1,724,502 +210%
Millennium Management
11
Millennium Management
New York
$18.8M +$1.64M +224,229 +10%
CRM
12
Cramer Rosenthal McGlynn
Connecticut
$18.4M -$18.8M -2,572,824 -51%
Morgan Stanley
13
Morgan Stanley
New York
$13M +$8.61M +1,179,634 +210%
Northern Trust
14
Northern Trust
Illinois
$11.2M -$48.7K -6,670 -0.4%
Geode Capital Management
15
Geode Capital Management
Massachusetts
$10.6M +$724K +99,244 +8%
Charles Schwab
16
Charles Schwab
California
$10M +$3.38M +463,481 +53%
Bank of New York Mellon
17
Bank of New York Mellon
New York
$9.91M -$181K -24,755 -2%
State of New Jersey Common Pension Fund D
18
State of New Jersey Common Pension Fund D
New Jersey
$9.74M -$730K -100,000 -7%
Russell Investments Group
19
Russell Investments Group
United Kingdom
$9.29M +$2.42M +332,187 +37%
Goldman Sachs
20
Goldman Sachs
New York
$9.01M +$983K +134,695 +13%
Two Sigma Investments
21
Two Sigma Investments
New York
$8.53M +$7.19M +985,919 +647%
Schroder Investment Management Group
22
Schroder Investment Management Group
United Kingdom
$8.19M +$2.08M +285,703 +35%
Jacobs Levy Equity Management
23
Jacobs Levy Equity Management
New Jersey
$7.52M +$2.57M +352,379 +54%
KTA
24
Keeley-Teton Advisors
Illinois
$7.5M -$829K -113,658 -10%
Principal Financial Group
25
Principal Financial Group
Iowa
$7.15M -$161K -22,133 -2%

EXTR Hedge Fund Activity: Q1 2019 in Review

201 of the 4,620 institutional investors tracked by Wall St. Rank reported a position in Extreme Networks (EXTR) for Q1 2019, worth a combined $726M — up 27% from $570M a quarter earlier.

Buyers outnumbered sellers: 30 funds opened new EXTR positions and 18 closed out — a net gain of 12 holders — while 69 added to existing stakes and 70 trimmed.

The largest buyer was D.E. Shaw & Co, adding an estimated $13.1M. The largest seller was Cramer Rosenthal McGlynn, cutting an estimated $18.8M.

  • 201 institutional investors held Extreme Networks (EXTR) as of Q1 2019, up from 191 in Q4 2018.
  • Funds reported $726M of Extreme Networks stock for Q1 2019, up 27% quarter-over-quarter.
  • 30 funds opened new Extreme Networks positions in Q1 2019 and 18 closed out, a net change of +12 holders.
  • The largest Extreme Networks buyer in Q1 2019 was D.E. Shaw & Co, an estimated $13.1M added.
  • The largest Extreme Networks seller in Q1 2019 was Cramer Rosenthal McGlynn, an estimated $18.8M sold.

Based on aggregated 13F filings for Q1 2019.