Ribbon Communications
RBBN
116 hedge funds and large institutions have $448M invested in Ribbon Communications in 2019 Q1 according to their latest regulatory filings, with 20 funds opening new positions, 46 increasing their positions, 30 reducing their positions, and 22 closing their positions.
53% more repeat investments, than reductions
Existing positions increased: 46 | Existing positions reduced: 30
9% more capital invested
Capital invested by funds: $410M → $448M (+$38.6M)
1.36% more ownership
Funds ownership: 79.81% → 81.17% (+1.4%)
9% less first-time investments, than exits
New positions opened: 20 | Existing positions closed: 22
2% less funds holding
Funds holding: 118 → 116 (-2)
88% less call options, than puts
Call options by funds: $93K | Put options by funds: $766K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PCMI
Paradigm Capital Management Inc
Albany,
New York
|
+$3.09M |
| 2 |
OMC
Oak Management Corp
Wilton,
Connecticut
|
+$2.86M |
| 3 |
Hotchkis & Wiley Capital Management
Los Angeles,
California
|
+$2.36M |
| 4 |
VCA
VIEX Capital Advisors
Sunny Isles Beach,
Florida
|
+$2.17M |
| 5 |
KCM
Kennedy Capital Management
St Louis,
Missouri
|
+$2.12M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Russell Investments Group
London,
United Kingdom
|
-$1.94M |
| 2 |
Morgan Stanley
New York
|
-$1.79M |
| 3 |
Fuller & Thaler Asset Management
San Mateo,
California
|
-$1.53M |
| 4 |
IECM
Intrinsic Edge Capital Management
Chicago,
Illinois
|
-$1.47M |
| 5 |
Boston Partners
Boston,
Massachusetts
|
-$1.4M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
BCM
126
Bayesian Capital Management
Brooklyn,
New York
| – | -$91K | -18,900 | Closed |
|
|
BCM
127
BlueCrest Capital Management
St Helier,
Jersey
| – | -$84K | -17,503 | Closed |
|
|
PPA
128
Parametric Portfolio Associates
Seattle,
Washington
| – | -$82K | -17,109 | Closed |
|
|
WCM
129
Weld Capital Management
New York
| – | -$67K | -13,922 | Closed |
|
130
Los Angeles Capital Management
Los Angeles,
California
| – | -$60K | -12,534 | Closed |
|
|
PI
131
PEAK6 Investments
Chicago,
Illinois
| – | -$59K | -12,159 | Closed |
|
132
Group One Trading
Chicago,
Illinois
| – | -$18.7K | -3,500 | Closed |
|
|
IA
133
IFP Advisors
Tampa,
Florida
| – | -$11K | -2,115 | Closed |
|
134
Royal Bank of Canada
Toronto,
Ontario, Canada
| – | -$2.98K | -556 | -94% |
|
135
Macquarie Group
Sydney, NSW 2000,
Australia
| – | -$2K | -400 | Closed |
|
|
NFG
136
Next Financial Group
Houston,
Texas
| – | -$1K | -300 | Closed |
|
RBBN Hedge Fund Activity: Q1 2019 in Review
116 of the 4,620 institutional investors tracked by Wall St. Rank reported a position in Ribbon Communications (RBBN) for Q1 2019, worth a combined $448M — up 9.4% from $410M a quarter earlier.
Sellers outnumbered buyers: 22 funds closed out of RBBN and 20 opened new positions — a net loss of 2 holders — while 30 trimmed existing stakes and 46 added.
The largest buyer was Paradigm Capital Management Inc, adding an estimated $3.09M. The largest seller was Russell Investments Group, cutting an estimated $1.94M.
- 116 institutional investors held Ribbon Communications (RBBN) as of Q1 2019, down from 118 in Q4 2018.
- Funds reported $448M of Ribbon Communications stock for Q1 2019, up 9.4% quarter-over-quarter.
- 20 funds opened new Ribbon Communications positions in Q1 2019 and 22 closed out, a net change of -2 holders.
- The largest Ribbon Communications buyer in Q1 2019 was Paradigm Capital Management Inc, an estimated $3.09M added.
- The largest Ribbon Communications seller in Q1 2019 was Russell Investments Group, an estimated $1.94M sold.
Based on aggregated 13F filings for Q1 2019.