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Extreme Networks

187 hedge funds and large institutions have $736M invested in Extreme Networks in 2019 Q4 according to their latest regulatory filings, with 33 funds opening new positions, 62 increasing their positions, 57 reducing their positions, and 24 closing their positions.

New
Increased
Maintained
Reduced
Closed

50% more funds holding in top 10

Funds holding in top 10: 23 (+1)

38% more first-time investments, than exits

New positions opened: 33 | Existing positions closed: 24

1% more funds holding

Funds holding: 185187 (+2)

1.07% more ownership

Funds ownership: 81.1%82.17% (+1.1%)

9% more repeat investments, than reductions

Existing positions increased: 62 | Existing positions reduced: 57

3% more capital invested

Capital invested by funds: $716M → $736M (+$19.7M)

54% less call options, than puts

Call options by funds: $4.38M | Put options by funds: $9.51M

Holders
187
Holders Change
+2
Holders Change %
+1.08%
% of All Funds
3.68%
Holding in Top 10
3
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+50%
% of All Funds
0.06%
New
33
Increased
62
Reduced
57
Closed
24
Calls
$4.38M
Puts
$9.51M
Net Calls
-$5.13M
Net Calls Change
+$2.76M
Name Holding Trade Value Shares
Change
Change in
Stake
BlackRock
1
BlackRock
New York
$123M +$1.23M +176,061 +1%
Vanguard Group
2
Vanguard Group
Pennsylvania
$67.4M +$514K +73,270 +0.8%
PCMI
3
Paradigm Capital Management Inc
New York
$50.1M -$16.8K -2,400 -0%
Fidelity Investments
4
Fidelity Investments
Massachusetts
$39.6M +$9.73M +1,387,988 +35%
Renaissance Technologies
5
Renaissance Technologies
New York
$34.3M +$2.63M +374,983 +9%
State Street
6
State Street
Massachusetts
$26.8M +$259K +36,948 +1%
VCA
7
VIEX Capital Advisors
Florida
$25.2M +$24M +3,416,355 New
AllianceBernstein
8
AllianceBernstein
Tennessee
$22M +$2.07M +294,934 +11%
Ameriprise
9
Ameriprise
Minnesota
$20.4M -$140K -19,947 -0.7%
D.E. Shaw & Co
10
D.E. Shaw & Co
New York
$20.2M -$10M -1,426,403 -34%
CRM
11
Cramer Rosenthal McGlynn
Connecticut
$18.4M +$783K +111,715 +5%
N
12
Nuveen
North Carolina
$15.9M -$373K -53,261 -2%
Prudential Financial
13
Prudential Financial
New Jersey
$14.5M +$483K +68,821 +4%
Schroder Investment Management Group
14
Schroder Investment Management Group
United Kingdom
$14.4M +$4.39M +625,668 +47%
Jacobs Levy Equity Management
15
Jacobs Levy Equity Management
New Jersey
$13.5M +$1.5M +214,125 +13%
KCM
16
Kennedy Capital Management
Missouri
$13.3M -$198K -28,296 -2%
Geode Capital Management
17
Geode Capital Management
Massachusetts
$12.1M -$1.13M -161,408 -9%
Northern Trust
18
Northern Trust
Illinois
$11.3M -$277K -39,528 -3%
Bank of New York Mellon
19
Bank of New York Mellon
New York
$9.62M -$25.2K -3,588 -0.3%
Arrowstreet Capital
20
Arrowstreet Capital
Massachusetts
$9.22M -$4.35M -620,293 -33%
JP Morgan Chase
21
JP Morgan Chase
New York
$8.61M -$776K -110,665 -9%
Dimensional Fund Advisors
22
Dimensional Fund Advisors
Texas
$8.32M -$612K -87,259 -7%
Principal Financial Group
23
Principal Financial Group
Iowa
$7.2M +$34.5K +4,914 +0.5%
Two Sigma Advisers
24
Two Sigma Advisers
New York
$6.25M -$1.2M -170,500 -17%
State of Wisconsin Investment Board
25
State of Wisconsin Investment Board
Wisconsin
$6.1M +$533K +76,000 +10%

EXTR Hedge Fund Activity: Q4 2019 in Review

187 of the 5,075 institutional investors tracked by Wall St. Rank reported a position in Extreme Networks (EXTR) for Q4 2019, worth a combined $736M — up 2.7% from $716M a quarter earlier.

Buyers outnumbered sellers: 33 funds opened new EXTR positions and 24 closed out — a net gain of 9 holders — while 62 added to existing stakes and 57 trimmed.

The largest buyer was VIEX Capital Advisors, opening a new position worth an estimated $24M. The largest seller was Millennium Management, cutting an estimated $10.9M.

  • 187 institutional investors held Extreme Networks (EXTR) as of Q4 2019, up from 185 in Q3 2019.
  • Funds reported $736M of Extreme Networks stock for Q4 2019, up 2.7% quarter-over-quarter.
  • 33 funds opened new Extreme Networks positions in Q4 2019 and 24 closed out, a net change of +9 holders.
  • The largest Extreme Networks buyer in Q4 2019 was VIEX Capital Advisors, an estimated $24M added.
  • The largest Extreme Networks seller in Q4 2019 was Millennium Management, an estimated $10.9M sold.

Based on aggregated 13F filings for Q4 2019.