Extreme Networks
EXTR
300 hedge funds and large institutions have $2.07B invested in Extreme Networks in 2023 Q4 according to their latest regulatory filings, with 50 funds opening new positions, 105 increasing their positions, 110 reducing their positions, and 73 closing their positions.
9% more call options, than puts
Call options by funds: $4.89M | Put options by funds: $4.5M
5% less repeat investments, than reductions
Existing positions increased: 105 | Existing positions reduced: 110
2.51% less ownership
Funds ownership: 92.96% → 90.45% (-2.5%)
9% less funds holding
Funds holding: 328 → 300 (-28)
30% less capital invested
Capital invested by funds: $2.94B → $2.07B (-$874M)
32% less first-time investments, than exits
New positions opened: 50 | Existing positions closed: 73
60% less funds holding in top 10
Funds holding in top 10: 5 → 2 (-3)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Pacer Advisors
Malvern,
Pennsylvania
|
+$64.4M |
| 2 |
Man Group
London,
United Kingdom
|
+$30M |
| 3 |
Morgan Stanley
New York
|
+$23.8M |
| 4 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$23M |
| 5 |
VC
Voss Capital
Houston,
Texas
|
+$14.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
-$39M |
| 2 |
FAM
Fred Alger Management
New York
|
-$33.9M |
| 3 |
Loomis, Sayles & Company
Boston,
Massachusetts
|
-$31.3M |
| 4 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$27.9M |
| 5 |
DCM
Driehaus Capital Management
Chicago,
Illinois
|
-$26.9M |
EXTR Hedge Fund Activity: Q4 2023 in Review
300 of the 6,869 institutional investors tracked by Wall St. Rank reported a position in Extreme Networks (EXTR) for Q4 2023, worth a combined $2.07B — down 30% from $2.94B a quarter earlier.
Sellers outnumbered buyers: 73 funds closed out of EXTR and 50 opened new positions — a net loss of 23 holders — while 110 trimmed existing stakes and 105 added.
The largest buyer was Pacer Advisors, adding an estimated $64.4M. The largest seller was Lord, Abbett & Co, exiting entirely with an estimated $39M sold.
- 300 institutional investors held Extreme Networks (EXTR) as of Q4 2023, down from 328 in Q3 2023.
- Funds reported $2.07B of Extreme Networks stock for Q4 2023, down 30% quarter-over-quarter.
- 50 funds opened new Extreme Networks positions in Q4 2023 and 73 closed out, a net change of -23 holders.
- The largest Extreme Networks buyer in Q4 2023 was Pacer Advisors, an estimated $64.4M added.
- The largest Extreme Networks seller in Q4 2023 was Lord, Abbett & Co, an estimated $39M sold.
Based on aggregated 13F filings for Q4 2023.