Ribbon Communications
RBBN
123 hedge funds and large institutions have $665M invested in Ribbon Communications in 2017 Q4 according to their latest regulatory filings, with 34 funds opening new positions, 35 increasing their positions, 40 reducing their positions, and 11 closing their positions.
209% more first-time investments, than exits
New positions opened: 34 | Existing positions closed: 11
163% more capital invested
Capital invested by funds: $253M → $665M (+$412M)
23% more funds holding
Funds holding: 100 → 123 (+23)
17.62% more ownership
Funds ownership: 66.59% → 84.2% (+18%)
13% less repeat investments, than reductions
Existing positions increased: 35 | Existing positions reduced: 40
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JP Morgan Chase
New York
|
+$376M |
| 2 |
Capital Research Global Investors
Los Angeles,
California
|
+$10.7M |
| 3 |
RA
Royce & Associates
New York
|
+$4.85M |
| 4 |
AIM
Alambic Investment Management
Belvedere,
California
|
+$3.94M |
| 5 |
Russell Investments Group
London,
United Kingdom
|
+$2.84M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HRCM
Hawk Ridge Capital Management
Los Angeles,
California
|
-$2.46M |
| 2 |
Neuberger Berman Group
New York
|
-$1.99M |
| 3 |
CPA
Cowen Prime Advisors
New York
|
-$1.68M |
| 4 |
NFA
Nationwide Fund Advisors
Columbus,
Ohio
|
-$1.46M |
| 5 |
HCM
Horrell Capital Management
Little Rock,
Arkansas
|
-$1.41M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
126
Prudential Financial
Newark,
New Jersey
| – | -$131K | -17,103 | Closed |
|
127
SEI Investments
Oaks,
Pennsylvania
| – | -$85K | -11,064 | Closed |
|
|
AIMCA
128
Alberta Investment Management Corp (AIMCo)
Edmonton,
Alberta, Canada
| – | -$79K | -10,300 | Closed |
|
|
CG
129
Cutler Group
San Francisco,
California
| – | -$10K | -1,380 | Closed |
|
|
NFG
130
Next Financial Group
Houston,
Texas
| – | -$2K | -300 | Closed |
|
|
AG
131
Advisor Group
Phoenix,
Arizona
| – | -$1.34K | -175 | -90% |
|
132
PNC Financial Services Group
Pittsburgh,
Pennsylvania
| – | -$1K | -136 | Closed |
|
|
SPIA
133
Steward Partners Investment Advisory
New York
| – | +$154 | +20 | New |
|
|
ME
134
McIlrath & Eck
Arlington,
Washington
| – | +$230 | +30 | New |
|
RBBN Hedge Fund Activity: Q4 2017 in Review
123 of the 4,409 institutional investors tracked by Wall St. Rank reported a position in Ribbon Communications (RBBN) for Q4 2017, worth a combined $665M — up 163% from $253M a quarter earlier.
Buyers outnumbered sellers: 34 funds opened new RBBN positions and 11 closed out — a net gain of 23 holders — while 35 added to existing stakes and 40 trimmed.
The largest buyer was JP Morgan Chase, adding an estimated $376M. The largest seller was Hawk Ridge Capital Management, cutting an estimated $2.46M.
- 123 institutional investors held Ribbon Communications (RBBN) as of Q4 2017, up from 100 in Q3 2017.
- Funds reported $665M of Ribbon Communications stock for Q4 2017, up 163% quarter-over-quarter.
- 34 funds opened new Ribbon Communications positions in Q4 2017 and 11 closed out, a net change of +23 holders.
- The largest Ribbon Communications buyer in Q4 2017 was JP Morgan Chase, an estimated $376M added.
- The largest Ribbon Communications seller in Q4 2017 was Hawk Ridge Capital Management, an estimated $2.46M sold.
Based on aggregated 13F filings for Q4 2017.