Ribbon Communications
RBBN
100 hedge funds and large institutions have $253M invested in Ribbon Communications in 2017 Q3 according to their latest regulatory filings, with 8 funds opening new positions, 38 increasing their positions, 31 reducing their positions, and 12 closing their positions.
23% more repeat investments, than reductions
Existing positions increased: 38 | Existing positions reduced: 31
0.46% more ownership
Funds ownership: 66.13% → 66.59% (+0.46%)
0% less capital invested
Capital invested by funds: $254M → $253M (-$410K)
4% less funds holding
Funds holding: 104 → 100 (-4)
33% less first-time investments, than exits
New positions opened: 8 | Existing positions closed: 12
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CPA
Cowen Prime Advisors
New York
|
+$3.32M |
| 2 |
CS
Central Securities
New York
|
+$1.83M |
| 3 |
MAG
Millrace Asset Group
Berwyn,
Pennsylvania
|
+$1.62M |
| 4 |
Neuberger Berman Group
New York
|
+$1.42M |
| 5 |
Millennium Management
New York
|
+$798K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Capital Research Global Investors
Los Angeles,
California
|
-$10.4M |
| 2 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$1.92M |
| 3 |
First Trust Advisors
Wheaton,
Illinois
|
-$1.4M |
| 4 |
Two Sigma Investments
New York
|
-$1.08M |
| 5 |
MWNA
Marshall Wace North America
New York
|
-$956K |
RBBN Hedge Fund Activity: Q3 2017 in Review
100 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in Ribbon Communications (RBBN) for Q3 2017, worth a combined $253M — down 0.16% from $254M a quarter earlier.
Sellers outnumbered buyers: 12 funds closed out of RBBN and 8 opened new positions — a net loss of 4 holders — while 31 trimmed existing stakes and 38 added.
The largest buyer was Cowen Prime Advisors, adding an estimated $3.32M. The largest seller was Capital Research Global Investors, exiting entirely with an estimated $10.4M sold.
- 100 institutional investors held Ribbon Communications (RBBN) as of Q3 2017, down from 104 in Q2 2017.
- Funds reported $253M of Ribbon Communications stock for Q3 2017, down 0.16% quarter-over-quarter.
- 8 funds opened new Ribbon Communications positions in Q3 2017 and 12 closed out, a net change of -4 holders.
- The largest Ribbon Communications buyer in Q3 2017 was Cowen Prime Advisors, an estimated $3.32M added.
- The largest Ribbon Communications seller in Q3 2017 was Capital Research Global Investors, an estimated $10.4M sold.
Based on aggregated 13F filings for Q3 2017.