Ribbon Communications
RBBN
111 hedge funds and large institutions have $578M invested in Ribbon Communications in 2018 Q3 according to their latest regulatory filings, with 16 funds opening new positions, 37 increasing their positions, 36 reducing their positions, and 7 closing their positions.
129% more first-time investments, than exits
New positions opened: 16 | Existing positions closed: 7
9% more funds holding
Funds holding: 102 → 111 (+9)
3% more repeat investments, than reductions
Existing positions increased: 37 | Existing positions reduced: 36
0.84% more ownership
Funds ownership: 80.5% → 81.34% (+0.84%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
3% less capital invested
Capital invested by funds: $597M → $578M (-$18.8M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ZIM
Zacks Investment Management
Chicago,
Illinois
|
+$2.18M |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
+$2.05M |
| 3 |
First Trust Advisors
Wheaton,
Illinois
|
+$1.98M |
| 4 |
Morgan Stanley
New York
|
+$1.81M |
| 5 |
Dimensional Fund Advisors
Austin,
Texas
|
+$1.71M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
-$2.37M |
| 2 |
MC
Menta Capital
San Francisco,
California
|
-$1.53M |
| 3 |
Boston Partners
Boston,
Massachusetts
|
-$1.32M |
| 4 |
Renaissance Technologies
New York
|
-$1.23M |
| 5 |
Russell Investments Group
London,
United Kingdom
|
-$1.2M |
RBBN Hedge Fund Activity: Q3 2018 in Review
111 of the 4,374 institutional investors tracked by Wall St. Rank reported a position in Ribbon Communications (RBBN) for Q3 2018, worth a combined $578M — down 3.1% from $597M a quarter earlier.
Buyers outnumbered sellers: 16 funds opened new RBBN positions and 7 closed out — a net gain of 9 holders — while 37 added to existing stakes and 36 trimmed.
The largest buyer was Zacks Investment Management, opening a new position worth an estimated $2.18M. The largest seller was Millennium Management, cutting an estimated $2.37M.
- 111 institutional investors held Ribbon Communications (RBBN) as of Q3 2018, up from 102 in Q2 2018.
- Funds reported $578M of Ribbon Communications stock for Q3 2018, down 3.1% quarter-over-quarter.
- 16 funds opened new Ribbon Communications positions in Q3 2018 and 7 closed out, a net change of +9 holders.
- The largest Ribbon Communications buyer in Q3 2018 was Zacks Investment Management, an estimated $2.18M added.
- The largest Ribbon Communications seller in Q3 2018 was Millennium Management, an estimated $2.37M sold.
Based on aggregated 13F filings for Q3 2018.