Ribbon Communications
RBBN
134 hedge funds and large institutions have $438M invested in Ribbon Communications in 2013 Q4 according to their latest regulatory filings, with 18 funds opening new positions, 39 increasing their positions, 53 reducing their positions, and 19 closing their positions.
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
5% less first-time investments, than exits
New positions opened: 18 | Existing positions closed: 19
1% less funds holding
Funds holding: 136 → 134 (-2)
14% less capital invested
Capital invested by funds: $508M → $438M (-$69.9M)
26% less repeat investments, than reductions
Existing positions increased: 39 | Existing positions reduced: 53
63% less call options, than puts
Call options by funds: $1.38M | Put options by funds: $3.78M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
First Trust Advisors
Wheaton,
Illinois
|
+$5.25M |
| 2 |
Jacobs Levy Equity Management
Florham Park,
New Jersey
|
+$2.38M |
| 3 |
MSA
Mason Street Advisors
Milwaukee,
Wisconsin
|
+$1.57M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
+$1.46M |
| 5 |
Vanguard Group
Malvern,
Pennsylvania
|
+$980K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CAM
Cortina Asset Management
Milwaukee,
Wisconsin
|
-$9.5M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
-$9.31M |
| 3 |
Bank of New York Mellon
New York
|
-$4.87M |
| 4 |
TC
TFS Capital
West Chester,
Pennsylvania
|
-$4.47M |
| 5 |
CCI
Columbus Circle Investors
|
-$4.25M |
RBBN Hedge Fund Activity: Q4 2013 in Review
134 of the 3,446 institutional investors tracked by Wall St. Rank reported a position in Ribbon Communications (RBBN) for Q4 2013, worth a combined $438M — down 14% from $508M a quarter earlier.
Sellers outnumbered buyers: 19 funds closed out of RBBN and 18 opened new positions — a net loss of 1 holder — while 53 trimmed existing stakes and 39 added.
The largest buyer was First Trust Advisors, adding an estimated $5.25M. The largest seller was Cortina Asset Management, exiting entirely with an estimated $9.5M sold.
- 134 institutional investors held Ribbon Communications (RBBN) as of Q4 2013, down from 136 in Q3 2013.
- Funds reported $438M of Ribbon Communications stock for Q4 2013, down 14% quarter-over-quarter.
- 18 funds opened new Ribbon Communications positions in Q4 2013 and 19 closed out, a net change of -1 holder.
- The largest Ribbon Communications buyer in Q4 2013 was First Trust Advisors, an estimated $5.25M added.
- The largest Ribbon Communications seller in Q4 2013 was Cortina Asset Management, an estimated $9.5M sold.
Based on aggregated 13F filings for Q4 2013.