Ribbon Communications
RBBN
146 hedge funds and large institutions have $804M invested in Ribbon Communications in 2021 Q1 according to their latest regulatory filings, with 37 funds opening new positions, 42 increasing their positions, 49 reducing their positions, and 17 closing their positions.
118% more first-time investments, than exits
New positions opened: 37 | Existing positions closed: 17
24% more capital invested
Capital invested by funds: $649M → $804M (+$156M)
14% more funds holding
Funds holding: 128 → 146 (+18)
0% more funds holding in top 10
Funds holding in top 10: 3 → 3 (0)
0.68% less ownership
Funds ownership: 68.04% → 67.35% (-0.68%)
14% less repeat investments, than reductions
Existing positions increased: 42 | Existing positions reduced: 49
81% less call options, than puts
Call options by funds: $2.62M | Put options by funds: $13.9M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Impax Asset Management Group
London,
United Kingdom
|
+$8.28M |
| 2 |
OAM
Ophir Asset Management
Sydney,
Australia
|
+$5.55M |
| 3 |
BlackRock
New York
|
+$5.1M |
| 4 |
First Trust Advisors
Wheaton,
Illinois
|
+$4.81M |
| 5 |
Vanguard Group
Malvern,
Pennsylvania
|
+$2.87M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Invesco
Atlanta,
Georgia
|
-$20.3M |
| 2 |
CCM
Cerberus Capital Management
New York
|
-$8.28M |
| 3 |
BCM
Bridgeway Capital Management
Houston,
Texas
|
-$3.11M |
| 4 |
Renaissance Technologies
New York
|
-$2.93M |
| 5 |
JP Morgan Chase
New York
|
-$2.56M |
RBBN Hedge Fund Activity: Q1 2021 in Review
146 of the 5,695 institutional investors tracked by Wall St. Rank reported a position in Ribbon Communications (RBBN) for Q1 2021, worth a combined $804M — up 24% from $649M a quarter earlier.
Buyers outnumbered sellers: 37 funds opened new RBBN positions and 17 closed out — a net gain of 20 holders — while 42 added to existing stakes and 49 trimmed.
The largest buyer was Impax Asset Management Group, opening a new position worth an estimated $8.28M. The largest seller was Invesco, cutting an estimated $20.3M.
- 146 institutional investors held Ribbon Communications (RBBN) as of Q1 2021, up from 128 in Q4 2020.
- Funds reported $804M of Ribbon Communications stock for Q1 2021, up 24% quarter-over-quarter.
- 37 funds opened new Ribbon Communications positions in Q1 2021 and 17 closed out, a net change of +20 holders.
- The largest Ribbon Communications buyer in Q1 2021 was Impax Asset Management Group, an estimated $8.28M added.
- The largest Ribbon Communications seller in Q1 2021 was Invesco, an estimated $20.3M sold.
Based on aggregated 13F filings for Q1 2021.