Ribbon Communications
RBBN
136 hedge funds and large institutions have $508M invested in Ribbon Communications in 2013 Q3 according to their latest regulatory filings, with 17 funds opening new positions, 62 increasing their positions, 31 reducing their positions, and 10 closing their positions.
1,214% more call options, than puts
Call options by funds: $2.37M | Put options by funds: $180K
100% more repeat investments, than reductions
Existing positions increased: 62 | Existing positions reduced: 31
70% more first-time investments, than exits
New positions opened: 17 | Existing positions closed: 10
12% more capital invested
Capital invested by funds: $455M → $508M (+$52.4M)
3% more funds holding
Funds holding: 132 → 136 (+4)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CCI
Columbus Circle Investors
|
+$16.9M |
| 2 |
Luther King Capital Management (LKCM)
Fort Worth,
Texas
|
+$10.8M |
| 3 |
Bank of New York Mellon
New York
|
+$7.86M |
| 4 |
TA
Teachers Advisors
New York
|
+$7.37M |
| 5 |
TC
TFS Capital
West Chester,
Pennsylvania
|
+$5.19M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ECM
Empire Capital Management
Westport,
Connecticut
|
-$41.2M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
-$10.9M |
| 3 |
SCA
SAC Capital Advisors
Stamford,
Connecticut
|
-$9.61M |
| 4 |
CAM
Contour Asset Management
New York
|
-$7.46M |
| 5 |
CM
Castleark Management
Chicago,
Illinois
|
-$3.94M |
RBBN Hedge Fund Activity: Q3 2013 in Review
136 of the 3,084 institutional investors tracked by Wall St. Rank reported a position in Ribbon Communications (RBBN) for Q3 2013, worth a combined $508M — up 12% from $455M a quarter earlier.
Buyers outnumbered sellers: 17 funds opened new RBBN positions and 10 closed out — a net gain of 7 holders — while 62 added to existing stakes and 31 trimmed.
The largest buyer was Columbus Circle Investors, adding an estimated $16.9M. The largest seller was Empire Capital Management, cutting an estimated $41.2M.
- 136 institutional investors held Ribbon Communications (RBBN) as of Q3 2013, up from 132 in Q2 2013.
- Funds reported $508M of Ribbon Communications stock for Q3 2013, up 12% quarter-over-quarter.
- 17 funds opened new Ribbon Communications positions in Q3 2013 and 10 closed out, a net change of +7 holders.
- The largest Ribbon Communications buyer in Q3 2013 was Columbus Circle Investors, an estimated $16.9M added.
- The largest Ribbon Communications seller in Q3 2013 was Empire Capital Management, an estimated $41.2M sold.
Based on aggregated 13F filings for Q3 2013.