Ribbon Communications
RBBN
124 hedge funds and large institutions have $236M invested in Ribbon Communications in 2015 Q4 according to their latest regulatory filings, with 28 funds opening new positions, 44 increasing their positions, 36 reducing their positions, and 13 closing their positions.
115% more first-time investments, than exits
New positions opened: 28 | Existing positions closed: 13
59% more call options, than puts
Call options by funds: $984K | Put options by funds: $619K
22% more repeat investments, than reductions
Existing positions increased: 44 | Existing positions reduced: 36
17% more capital invested
Capital invested by funds: $202M → $236M (+$34M)
14% more funds holding
Funds holding: 109 → 124 (+15)
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
First Trust Advisors
Wheaton,
Illinois
|
+$8.65M |
| 2 |
Renaissance Technologies
New York
|
+$5.74M |
| 3 |
Capital Research Global Investors
Los Angeles,
California
|
+$3.09M |
| 4 |
Neuberger Berman Group
New York
|
+$3.06M |
| 5 |
Dimensional Fund Advisors
Austin,
Texas
|
+$2.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ECM
Empire Capital Management
Westport,
Connecticut
|
-$12.2M |
| 2 |
WC
Walthausen & Co
Malta,
New York
|
-$8.85M |
| 3 |
Wellington Management Group
Boston,
Massachusetts
|
-$6.68M |
| 4 |
SC
Shellback Capital
Boston,
Massachusetts
|
-$4.93M |
| 5 |
Fidelity Investments
Boston,
Massachusetts
|
-$4.52M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
WC
126
Walthausen & Co
Malta,
New York
| – | -$8.85M | -1,547,538 | Closed |
|
|
127
Wellington Management Group
Boston,
Massachusetts
| – | -$6.68M | -1,167,573 | Closed |
|
|
SC
128
Shellback Capital
Boston,
Massachusetts
| – | -$4.93M | -861,799 | Closed |
|
129
Alyeska Investment Group
Chicago,
Illinois
| – | -$1.44M | -250,914 | Closed |
|
|
NCCM
130
Nine Chapters Capital Management
Short Hills,
New Jersey
| – | -$840K | -146,900 | Closed |
|
|
BMCMI
131
Bryn Mawr Capital Management Inc
Bryn Mawr,
Pennsylvania
| – | -$511K | -89,315 | Closed |
|
|
PP
132
PDT Partners
New York
| – | -$446K | -77,990 | Closed |
|
|
EAM
133
Eagle Asset Management
St Petersburg,
Florida
| – | -$431K | -75,444 | Closed |
|
|
MAM
134
Meeder Asset Management
Dublin,
Ohio
| – | -$31K | -5,401 | Closed |
|
|
TDC
135
Thompson Davis & Co
Richmond,
Virginia
| – | -$3K | -500 | Closed |
|
136
Simplex Trading
Chicago,
Illinois
| – | -$3.05K | -454 | Closed |
|
137
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
| – | -$1K | -159 | Closed |
|
RBBN Hedge Fund Activity: Q4 2015 in Review
124 of the 3,812 institutional investors tracked by Wall St. Rank reported a position in Ribbon Communications (RBBN) for Q4 2015, worth a combined $236M — up 17% from $202M a quarter earlier.
Buyers outnumbered sellers: 28 funds opened new RBBN positions and 13 closed out — a net gain of 15 holders — while 44 added to existing stakes and 36 trimmed.
The largest buyer was First Trust Advisors, adding an estimated $8.65M. The largest seller was Empire Capital Management, exiting entirely with an estimated $12.2M sold.
- 124 institutional investors held Ribbon Communications (RBBN) as of Q4 2015, up from 109 in Q3 2015.
- Funds reported $236M of Ribbon Communications stock for Q4 2015, up 17% quarter-over-quarter.
- 28 funds opened new Ribbon Communications positions in Q4 2015 and 13 closed out, a net change of +15 holders.
- The largest Ribbon Communications buyer in Q4 2015 was First Trust Advisors, an estimated $8.65M added.
- The largest Ribbon Communications seller in Q4 2015 was Empire Capital Management, an estimated $12.2M sold.
Based on aggregated 13F filings for Q4 2015.