Ribbon Communications
RBBN
111 hedge funds and large institutions have $363M invested in Ribbon Communications in 2020 Q3 according to their latest regulatory filings, with 9 funds opening new positions, 28 increasing their positions, 47 reducing their positions, and 8 closing their positions.
13% more first-time investments, than exits
New positions opened: 9 | Existing positions closed: 8
0% more funds holding
Funds holding: 111 → 111 (0)
0% more funds holding in top 10
Funds holding in top 10: 3 → 3 (0)
0.6% less ownership
Funds ownership: 66% → 65.4% (-0.6%)
3% less capital invested
Capital invested by funds: $375M → $363M (-$11.7M)
40% less repeat investments, than reductions
Existing positions increased: 28 | Existing positions reduced: 47
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PCMI
Paradigm Capital Management Inc
Albany,
New York
|
+$4.05M |
| 2 |
PI
Putnam Investments
Boston,
Massachusetts
|
+$2.46M |
| 3 |
BlackRock
New York
|
+$1.33M |
| 4 |
PCM
Penserra Capital Management
Orinda,
California
|
+$553K |
| 5 |
Vanguard Group
Malvern,
Pennsylvania
|
+$540K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CS
Central Securities
New York
|
-$2.61M |
| 2 |
AQR Capital Management
Greenwich,
Connecticut
|
-$1.74M |
| 3 |
Renaissance Technologies
New York
|
-$1.15M |
| 4 |
Acadian Asset Management
Boston,
Massachusetts
|
-$1.05M |
| 5 |
MSL
Mackay Shields LLC
New York
|
-$971K |
RBBN Hedge Fund Activity: Q3 2020 in Review
111 of the 4,956 institutional investors tracked by Wall St. Rank reported a position in Ribbon Communications (RBBN) for Q3 2020, worth a combined $363M — down 3.1% from $375M a quarter earlier.
Buyers outnumbered sellers: 9 funds opened new RBBN positions and 8 closed out — a net gain of 1 holder — while 28 added to existing stakes and 47 trimmed.
The largest buyer was Paradigm Capital Management Inc, adding an estimated $4.05M. The largest seller was Central Securities, cutting an estimated $2.61M.
- 111 institutional investors held Ribbon Communications (RBBN) as of Q3 2020, unchanged from Q2 2020.
- Funds reported $363M of Ribbon Communications stock for Q3 2020, down 3.1% quarter-over-quarter.
- 9 funds opened new Ribbon Communications positions in Q3 2020 and 8 closed out, a net change of +1 holder.
- The largest Ribbon Communications buyer in Q3 2020 was Paradigm Capital Management Inc, an estimated $4.05M added.
- The largest Ribbon Communications seller in Q3 2020 was Central Securities, an estimated $2.61M sold.
Based on aggregated 13F filings for Q3 2020.