Ribbon Communications
RBBN
109 hedge funds and large institutions have $202M invested in Ribbon Communications in 2015 Q3 according to their latest regulatory filings, with 15 funds opening new positions, 37 increasing their positions, 43 reducing their positions, and 16 closing their positions.
7% more call options, than puts
Call options by funds: $2.82M | Put options by funds: $2.65M
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
6% less first-time investments, than exits
New positions opened: 15 | Existing positions closed: 16
2% less funds holding
Funds holding: 111 → 109 (-2)
14% less repeat investments, than reductions
Existing positions increased: 37 | Existing positions reduced: 43
18% less capital invested
Capital invested by funds: $247M → $202M (-$45.1M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SC
Shellback Capital
Boston,
Massachusetts
|
+$5.81M |
| 2 |
ECM
Empire Capital Management
Westport,
Connecticut
|
+$4.09M |
| 3 |
First Trust Advisors
Wheaton,
Illinois
|
+$3.58M |
| 4 |
Fuller & Thaler Asset Management
San Mateo,
California
|
+$1.86M |
| 5 |
Citadel Advisors
Miami,
Florida
|
+$1.73M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Norges Bank
Oslo,
Norway
|
-$2.99M |
| 2 |
Wellington Management Group
Boston,
Massachusetts
|
-$2.7M |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
-$2.63M |
| 4 |
BIM
Bogle Investment Management
Newton Lower Falls,
Massachusetts
|
-$2.29M |
| 5 |
HAM
Harber Asset Management
Asheville,
North Carolina
|
-$2.1M |
RBBN Hedge Fund Activity: Q3 2015 in Review
109 of the 3,582 institutional investors tracked by Wall St. Rank reported a position in Ribbon Communications (RBBN) for Q3 2015, worth a combined $202M — down 18% from $247M a quarter earlier.
Sellers outnumbered buyers: 16 funds closed out of RBBN and 15 opened new positions — a net loss of 1 holder — while 43 trimmed existing stakes and 37 added.
The largest buyer was Shellback Capital, opening a new position worth an estimated $5.81M. The largest seller was Norges Bank, exiting entirely with an estimated $2.99M sold.
- 109 institutional investors held Ribbon Communications (RBBN) as of Q3 2015, down from 111 in Q2 2015.
- Funds reported $202M of Ribbon Communications stock for Q3 2015, down 18% quarter-over-quarter.
- 15 funds opened new Ribbon Communications positions in Q3 2015 and 16 closed out, a net change of -1 holder.
- The largest Ribbon Communications buyer in Q3 2015 was Shellback Capital, an estimated $5.81M added.
- The largest Ribbon Communications seller in Q3 2015 was Norges Bank, an estimated $2.99M sold.
Based on aggregated 13F filings for Q3 2015.