Extreme Networks
EXTR
272 hedge funds and large institutions have $1.37B invested in Extreme Networks in 2024 Q1 according to their latest regulatory filings, with 38 funds opening new positions, 90 increasing their positions, 111 reducing their positions, and 63 closing their positions.
1.97% more ownership
Funds ownership: 90.45% → 92.42% (+2%)
9% less funds holding
Funds holding: 300 → 272 (-28)
19% less repeat investments, than reductions
Existing positions increased: 90 | Existing positions reduced: 111
32% less call options, than puts
Call options by funds: $5.85M | Put options by funds: $8.62M
34% less capital invested
Capital invested by funds: $2.07B → $1.37B (-$694M)
40% less first-time investments, than exits
New positions opened: 38 | Existing positions closed: 63
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCMNY
Rubric Capital Management (New York)
New York
|
+$47M |
| 2 |
Pacer Advisors
Malvern,
Pennsylvania
|
+$43.7M |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
+$29.9M |
| 4 |
TI
Trigran Investments
Northbrook,
Illinois
|
+$21.1M |
| 5 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$9.81M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CAM
Congress Asset Management
Boston,
Massachusetts
|
-$24.3M |
| 2 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$23.4M |
| 3 |
Boston Partners
Boston,
Massachusetts
|
-$22.9M |
| 4 |
Man Group
London,
United Kingdom
|
-$21.4M |
| 5 |
Norges Bank
Oslo,
Norway
|
-$20.9M |
EXTR Hedge Fund Activity: Q1 2024 in Review
272 of the 6,958 institutional investors tracked by Wall St. Rank reported a position in Extreme Networks (EXTR) for Q1 2024, worth a combined $1.37B — down 34% from $2.07B a quarter earlier.
Sellers outnumbered buyers: 63 funds closed out of EXTR and 38 opened new positions — a net loss of 25 holders — while 111 trimmed existing stakes and 90 added.
The largest buyer was Rubric Capital Management (New York), opening a new position worth an estimated $47M. The largest seller was Congress Asset Management, exiting entirely with an estimated $24.3M sold.
- 272 institutional investors held Extreme Networks (EXTR) as of Q1 2024, down from 300 in Q4 2023.
- Funds reported $1.37B of Extreme Networks stock for Q1 2024, down 34% quarter-over-quarter.
- 38 funds opened new Extreme Networks positions in Q1 2024 and 63 closed out, a net change of -25 holders.
- The largest Extreme Networks buyer in Q1 2024 was Rubric Capital Management (New York), an estimated $47M added.
- The largest Extreme Networks seller in Q1 2024 was Congress Asset Management, an estimated $24.3M sold.
Based on aggregated 13F filings for Q1 2024.