Harmonic Inc
HLIT
125 hedge funds and large institutions have $431M invested in Harmonic Inc in 2017 Q2 according to their latest regulatory filings, with 7 funds opening new positions, 40 increasing their positions, 53 reducing their positions, and 16 closing their positions.
2.84% more ownership
Funds ownership: 99.2% → 102.04% (+2.8%)
8% less funds holding
Funds holding: 136 → 125 (-11)
9% less capital invested
Capital invested by funds: $472M → $431M (-$40.8M)
25% less repeat investments, than reductions
Existing positions increased: 40 | Existing positions reduced: 53
56% less first-time investments, than exits
New positions opened: 7 | Existing positions closed: 16
80% less call options, than puts
Call options by funds: $74K | Put options by funds: $365K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Raging Capital Management
Rocky Hill,
New Jersey
|
+$25M |
| 2 |
Wellington Management Group
Boston,
Massachusetts
|
+$8.04M |
| 3 |
PAMP
Polar Asset Management Partners
Toronto,
Ontario, Canada
|
+$3.24M |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
+$1.09M |
| 5 |
State Street
Boston,
Massachusetts
|
+$694K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
-$3.48M |
| 2 |
Renaissance Technologies
New York
|
-$2.19M |
| 3 |
Credit Agricole
Montrouge Cedex,
France
|
-$1.93M |
| 4 |
SFM
Systematic Financial Management
Teaneck,
New Jersey
|
-$1.3M |
| 5 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$1.27M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
126
Group One Trading
Chicago,
Illinois
| – | -$220K | -40,808 | Closed |
|
|
BC
127
Brinker Capital
Berwyn,
Pennsylvania
| – | -$150K | -25,277 | Closed |
|
|
PGCM
128
Prescott Group Capital Management
Tulsa,
Oklahoma
| – | -$132K | -22,240 | Closed |
|
129
Squarepoint
New York
| – | -$122K | -20,465 | Closed |
|
130
Balyasny Asset Management
Chicago,
Illinois
| – | -$111K | -18,728 | Closed |
|
|
PAM
131
Panagora Asset Management
Boston,
Massachusetts
| – | -$105K | -17,717 | Closed |
|
132
ProShare Advisors
Bethesda,
Maryland
| – | -$63K | -10,660 | Closed |
|
|
TRCT
133
Tower Research Capital (TRC)
New York
| – | -$18K | -3,014 | Closed |
|
|
PCM
134
Prelude Capital Management
New York
| – | -$14K | -2,295 | Closed |
|
|
TWA
135
TCI Wealth Advisors
Tucson,
Arizona
| – | -$1K | -101 | Closed |
|
|
PCP
136
Proficio Capital Partners
Newton,
Massachusetts
| – | -$5 | -1 | -1% |
|
|
CBT
137
Capital Bank & Trust
Irvine,
California
| – | +$22 | +4 | New |
|
HLIT Hedge Fund Activity: Q2 2017 in Review
125 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in Harmonic Inc (HLIT) for Q2 2017, worth a combined $431M — down 8.6% from $472M a quarter earlier.
Sellers outnumbered buyers: 16 funds closed out of HLIT and 7 opened new positions — a net loss of 9 holders — while 53 trimmed existing stakes and 40 added.
The largest buyer was Raging Capital Management, opening a new position worth an estimated $25M. The largest seller was Wells Fargo, cutting an estimated $3.48M.
- 125 institutional investors held Harmonic Inc (HLIT) as of Q2 2017, down from 136 in Q1 2017.
- Funds reported $431M of Harmonic Inc stock for Q2 2017, down 8.6% quarter-over-quarter.
- 7 funds opened new Harmonic Inc positions in Q2 2017 and 16 closed out, a net change of -9 holders.
- The largest Harmonic Inc buyer in Q2 2017 was Raging Capital Management, an estimated $25M added.
- The largest Harmonic Inc seller in Q2 2017 was Wells Fargo, an estimated $3.48M sold.
Based on aggregated 13F filings for Q2 2017.