Ribbon Communications
RBBN
111 hedge funds and large institutions have $247M invested in Ribbon Communications in 2015 Q2 according to their latest regulatory filings, with 16 funds opening new positions, 35 increasing their positions, 44 reducing their positions, and 28 closing their positions.
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
3% less capital invested
Capital invested by funds: $256M → $247M (-$8.85M)
9% less call options, than puts
Call options by funds: $4.67M | Put options by funds: $5.14M
10% less funds holding
Funds holding: 124 → 111 (-13)
20% less repeat investments, than reductions
Existing positions increased: 35 | Existing positions reduced: 44
43% less first-time investments, than exits
New positions opened: 16 | Existing positions closed: 28
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Capital Research Global Investors
Los Angeles,
California
|
+$37.8M |
| 2 |
Neuberger Berman Group
New York
|
+$10.1M |
| 3 |
First Trust Advisors
Wheaton,
Illinois
|
+$5.8M |
| 4 |
BIM
Bogle Investment Management
Newton Lower Falls,
Massachusetts
|
+$5.62M |
| 5 |
WC
Walthausen & Co
Malta,
New York
|
+$5.58M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
-$24.3M |
| 2 |
Luther King Capital Management (LKCM)
Fort Worth,
Texas
|
-$6.5M |
| 3 |
California Public Employees Retirement System
Sacramento,
California
|
-$4.85M |
| 4 |
Millennium Management
New York
|
-$3.71M |
| 5 |
BIT
BlackRock Institutional Trust
San Francisco,
California
|
-$3.17M |
RBBN Hedge Fund Activity: Q2 2015 in Review
111 of the 3,712 institutional investors tracked by Wall St. Rank reported a position in Ribbon Communications (RBBN) for Q2 2015, worth a combined $247M — down 3.5% from $256M a quarter earlier.
Sellers outnumbered buyers: 28 funds closed out of RBBN and 16 opened new positions — a net loss of 12 holders — while 44 trimmed existing stakes and 35 added.
The largest buyer was Capital Research Global Investors, opening a new position worth an estimated $37.8M. The largest seller was Wellington Management Group, cutting an estimated $24.3M.
- 111 institutional investors held Ribbon Communications (RBBN) as of Q2 2015, down from 124 in Q1 2015.
- Funds reported $247M of Ribbon Communications stock for Q2 2015, down 3.5% quarter-over-quarter.
- 16 funds opened new Ribbon Communications positions in Q2 2015 and 28 closed out, a net change of -12 holders.
- The largest Ribbon Communications buyer in Q2 2015 was Capital Research Global Investors, an estimated $37.8M added.
- The largest Ribbon Communications seller in Q2 2015 was Wellington Management Group, an estimated $24.3M sold.
Based on aggregated 13F filings for Q2 2015.