Extreme Networks
EXTR
162 hedge funds and large institutions have $294M invested in Extreme Networks in 2020 Q1 according to their latest regulatory filings, with 17 funds opening new positions, 49 increasing their positions, 67 reducing their positions, and 38 closing their positions.
1.93% less ownership
Funds ownership: 82.17% → 80.24% (-1.9%)
13% less funds holding
Funds holding: 187 → 162 (-25)
27% less repeat investments, than reductions
Existing positions increased: 49 | Existing positions reduced: 67
33% less funds holding in top 10
Funds holding in top 10: 3 → 2 (-1)
55% less first-time investments, than exits
New positions opened: 17 | Existing positions closed: 38
60% less capital invested
Capital invested by funds: $736M → $294M (-$442M)
72% less call options, than puts
Call options by funds: $929K | Put options by funds: $3.27M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
+$15.7M |
| 2 |
BRF
B. Riley Financial
Los Angeles,
California
|
+$7.5M |
| 3 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$6.83M |
| 4 |
Citadel Advisors
Miami,
Florida
|
+$5.48M |
| 5 |
D.E. Shaw & Co
New York
|
+$3.24M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VCA
VIEX Capital Advisors
Sunny Isles Beach,
Florida
|
-$15.6M |
| 2 |
Schroder Investment Management Group
London,
United Kingdom
|
-$14.4M |
| 3 |
CRM
Cramer Rosenthal McGlynn
Stamford,
Connecticut
|
-$7.55M |
| 4 |
Prudential Financial
Newark,
New Jersey
|
-$6.92M |
| 5 |
Renaissance Technologies
New York
|
-$6.06M |
EXTR Hedge Fund Activity: Q1 2020 in Review
162 of the 4,547 institutional investors tracked by Wall St. Rank reported a position in Extreme Networks (EXTR) for Q1 2020, worth a combined $294M — down 60% from $736M a quarter earlier.
Sellers outnumbered buyers: 38 funds closed out of EXTR and 17 opened new positions — a net loss of 21 holders — while 67 trimmed existing stakes and 49 added.
The largest buyer was Millennium Management, adding an estimated $15.7M. The largest seller was VIEX Capital Advisors, cutting an estimated $15.6M.
- 162 institutional investors held Extreme Networks (EXTR) as of Q1 2020, down from 187 in Q4 2019.
- Funds reported $294M of Extreme Networks stock for Q1 2020, down 60% quarter-over-quarter.
- 17 funds opened new Extreme Networks positions in Q1 2020 and 38 closed out, a net change of -21 holders.
- The largest Extreme Networks buyer in Q1 2020 was Millennium Management, an estimated $15.7M added.
- The largest Extreme Networks seller in Q1 2020 was VIEX Capital Advisors, an estimated $15.6M sold.
Based on aggregated 13F filings for Q1 2020.