NETGEAR
NTGR
138 hedge funds and large institutions have $292M invested in NETGEAR in 2023 Q3 according to their latest regulatory filings, with 23 funds opening new positions, 55 increasing their positions, 43 reducing their positions, and 34 closing their positions.
28% more repeat investments, than reductions
Existing positions increased: 55 | Existing positions reduced: 43
3.3% less ownership
Funds ownership: 82.1% → 78.8% (-3.3%)
7% less funds holding
Funds holding: 149 → 138 (-11)
14% less capital invested
Capital invested by funds: $339M → $292M (-$47.1M)
14% less call options, than puts
Call options by funds: $5.86M | Put options by funds: $6.83M
32% less first-time investments, than exits
New positions opened: 23 | Existing positions closed: 34
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BIP
Brandes Investment Partners
La Jolla,
California
|
+$12.8M |
| 2 |
Millennium Management
New York
|
+$12.8M |
| 3 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$5.65M |
| 4 |
D.E. Shaw & Co
New York
|
+$4.28M |
| 5 |
ICM
Invenomic Capital Management
Boston,
Massachusetts
|
+$3.92M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Victory Capital Management
San Antonio,
Texas
|
-$28M |
| 2 |
BlackRock
New York
|
-$26.3M |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
-$11.9M |
| 4 |
State Street
Boston,
Massachusetts
|
-$5.91M |
| 5 |
Dimensional Fund Advisors
Austin,
Texas
|
-$3.33M |
NTGR Hedge Fund Activity: Q3 2023 in Review
138 of the 6,301 institutional investors tracked by Wall St. Rank reported a position in NETGEAR (NTGR) for Q3 2023, worth a combined $292M — down 14% from $339M a quarter earlier.
Sellers outnumbered buyers: 34 funds closed out of NTGR and 23 opened new positions — a net loss of 11 holders — while 43 trimmed existing stakes and 55 added.
The largest buyer was Brandes Investment Partners, adding an estimated $12.8M. The largest seller was Victory Capital Management, exiting entirely with an estimated $28M sold.
- 138 institutional investors held NETGEAR (NTGR) as of Q3 2023, down from 149 in Q2 2023.
- Funds reported $292M of NETGEAR stock for Q3 2023, down 14% quarter-over-quarter.
- 23 funds opened new NETGEAR positions in Q3 2023 and 34 closed out, a net change of -11 holders.
- The largest NETGEAR buyer in Q3 2023 was Brandes Investment Partners, an estimated $12.8M added.
- The largest NETGEAR seller in Q3 2023 was Victory Capital Management, an estimated $28M sold.
Based on aggregated 13F filings for Q3 2023.