NETSCOUT
NTCT
211 hedge funds and large institutions have $2.24B invested in NETSCOUT in 2016 Q1 according to their latest regulatory filings, with 29 funds opening new positions, 91 increasing their positions, 64 reducing their positions, and 53 closing their positions.
237% more call options, than puts
Call options by funds: $4.78M | Put options by funds: $1.42M
50% more funds holding in top 10
Funds holding in top 10: 4 → 6 (+2)
42% more repeat investments, than reductions
Existing positions increased: 91 | Existing positions reduced: 64
11% less funds holding
Funds holding: 236 → 211 (-25)
26% less capital invested
Capital invested by funds: $3.01B → $2.24B (-$770M)
45% less first-time investments, than exits
New positions opened: 29 | Existing positions closed: 53
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PCM
Pennant Capital Management
Summit,
New Jersey
|
+$43.3M |
| 2 |
BCM
Brown Capital Management
Baltimore,
Maryland
|
+$37.7M |
| 3 |
Fisher Asset Management
Camas,
Washington
|
+$35.1M |
| 4 |
Neuberger Berman Group
New York
|
+$20.7M |
| 5 |
VOYA Investment Management
Atlanta,
Georgia
|
+$17.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FTCM
Fir Tree Capital Management
New York
|
-$146M |
| 2 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$84.2M |
| 3 |
Wellington Management Group
Boston,
Massachusetts
|
-$34.7M |
| 4 |
VBA
Van Berkom & Associates
Montreal,
Quebec, Canada
|
-$29.4M |
| 5 |
FAM
Fred Alger Management
New York
|
-$19.6M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
HI
251
HBK Investments
Dallas,
Texas
| – | -$247K | -8,039 | Closed |
|
|
PPCM
252
Pillar Pacific Capital Management
Pacifica,
California
| – | -$240K | -7,800 | Closed |
|
|
NCM
253
Noesis Capital Mangement
Boca Raton,
Florida
| – | -$219K | -7,128 | Closed |
|
|
QT
254
Quantbot Technologies
New York
| – | -$74K | -2,416 | Closed |
|
255
Envestnet Asset Management
Chicago,
Illinois
| – | -$74K | -2,415 | Closed |
|
|
IA
256
IFP Advisors
Tampa,
Florida
| – | -$56K | -1,837 | Closed |
|
|
UFA
257
US Financial Advisors
Braintree,
Massachusetts
| – | -$31K | -998 | Closed |
|
|
TRCT
258
Tower Research Capital (TRC)
New York
| – | -$20K | -657 | Closed |
|
|
VFA
259
Virtus Fund Advisers
Hartford,
Connecticut
| – | -$10K | -312 | Closed |
|
|
HR
260
Howe & Rusling
Rochester,
New York
| – | -$2K | -80 | Closed |
|
|
MPWT
261
MassMutual Private Wealth & Trust
Windsor,
Connecticut
| – | -$789 | -35 | Closed |
|
|
LWA
262
Lenox Wealth Advisors
New York
| – | -$1K | -23 | Closed |
|
|
QI
263
QS Investors
New York
| – | -$1K | -10 | Closed |
|
NTCT Hedge Fund Activity: Q1 2016 in Review
211 of the 3,753 institutional investors tracked by Wall St. Rank reported a position in NETSCOUT (NTCT) for Q1 2016, worth a combined $2.24B — down 26% from $3.01B a quarter earlier.
Sellers outnumbered buyers: 53 funds closed out of NTCT and 29 opened new positions — a net loss of 24 holders — while 64 trimmed existing stakes and 91 added.
The largest buyer was Pennant Capital Management, adding an estimated $43.3M. The largest seller was Fir Tree Capital Management, exiting entirely with an estimated $146M sold.
- 211 institutional investors held NETSCOUT (NTCT) as of Q1 2016, down from 236 in Q4 2015.
- Funds reported $2.24B of NETSCOUT stock for Q1 2016, down 26% quarter-over-quarter.
- 29 funds opened new NETSCOUT positions in Q1 2016 and 53 closed out, a net change of -24 holders.
- The largest NETSCOUT buyer in Q1 2016 was Pennant Capital Management, an estimated $43.3M added.
- The largest NETSCOUT seller in Q1 2016 was Fir Tree Capital Management, an estimated $146M sold.
Based on aggregated 13F filings for Q1 2016.