Ribbon Communications
RBBN
113 hedge funds and large institutions have $221M invested in Ribbon Communications in 2017 Q1 according to their latest regulatory filings, with 19 funds opening new positions, 38 increasing their positions, 36 reducing their positions, and 25 closing their positions.
6% more capital invested
Capital invested by funds: $208M → $221M (+$12.8M)
1.63% more ownership
Funds ownership: 66.89% → 68.52% (+1.6%)
6% more repeat investments, than reductions
Existing positions increased: 38 | Existing positions reduced: 36
10% less funds holding
Funds holding: 125 → 113 (-12)
24% less first-time investments, than exits
New positions opened: 19 | Existing positions closed: 25
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$19.7M |
| 2 |
HRCM
Hawk Ridge Capital Management
Los Angeles,
California
|
+$8.19M |
| 3 |
JP Morgan Chase
New York
|
+$6.21M |
| 4 |
First Trust Advisors
Wheaton,
Illinois
|
+$3.85M |
| 5 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$2.44M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Capital Research Global Investors
Los Angeles,
California
|
-$12M |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
-$4.5M |
| 3 |
Invesco
Atlanta,
Georgia
|
-$1.73M |
| 4 |
Renaissance Technologies
New York
|
-$1.14M |
| 5 |
SIM
Spark Investment Management
New York
|
-$952K |
RBBN Hedge Fund Activity: Q1 2017 in Review
113 of the 4,017 institutional investors tracked by Wall St. Rank reported a position in Ribbon Communications (RBBN) for Q1 2017, worth a combined $221M — up 6.1% from $208M a quarter earlier.
Sellers outnumbered buyers: 25 funds closed out of RBBN and 19 opened new positions — a net loss of 6 holders — while 36 trimmed existing stakes and 38 added.
The largest buyer was BlackRock, adding an estimated $19.7M. The largest seller was Capital Research Global Investors, cutting an estimated $12M.
- 113 institutional investors held Ribbon Communications (RBBN) as of Q1 2017, down from 125 in Q4 2016.
- Funds reported $221M of Ribbon Communications stock for Q1 2017, up 6.1% quarter-over-quarter.
- 19 funds opened new Ribbon Communications positions in Q1 2017 and 25 closed out, a net change of -6 holders.
- The largest Ribbon Communications buyer in Q1 2017 was BlackRock, an estimated $19.7M added.
- The largest Ribbon Communications seller in Q1 2017 was Capital Research Global Investors, an estimated $12M sold.
Based on aggregated 13F filings for Q1 2017.