Ribbon Communications
RBBN
123 hedge funds and large institutions have $525M invested in Ribbon Communications in 2019 Q3 according to their latest regulatory filings, with 24 funds opening new positions, 40 increasing their positions, 40 reducing their positions, and 9 closing their positions.
167% more first-time investments, than exits
New positions opened: 24 | Existing positions closed: 9
22% more capital invested
Capital invested by funds: $432M → $525M (+$93M)
13% more funds holding
Funds holding: 109 → 123 (+14)
1.83% more ownership
Funds ownership: 79.86% → 81.68% (+1.8%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
0% more repeat investments, than reductions
Existing positions increased: 40 | Existing positions reduced: 40
83% less call options, than puts
Call options by funds: $60K | Put options by funds: $359K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
NC
Nokomis Capital
Dallas,
Texas
|
+$2.41M |
| 2 |
PCMI
Paradigm Capital Management Inc
Albany,
New York
|
+$1.48M |
| 3 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$1.38M |
| 4 |
Barrow, Hanley, Mewhinney & Strauss
Dallas,
Texas
|
+$1.31M |
| 5 |
HIM
Hillsdale Investment Management
Toronto,
Ontario, Canada
|
+$1.23M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ECM
Engine Capital Management
New York
|
-$1.63M |
| 2 |
Goldman Sachs
New York
|
-$1.1M |
| 3 |
AQR Capital Management
Greenwich,
Connecticut
|
-$779K |
| 4 |
Grantham, Mayo, Van Otterloo & Co (GMO)
Boston,
Massachusetts
|
-$762K |
| 5 |
CS
Central Securities
New York
|
-$733K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
AG
126
Aperio Group
Sausalito,
California
| – | -$35K | -7,255 | Closed |
|
127
Canada Life
Winnipeg,
Manitoba, Canada
| – | -$12K | -2,374 | Closed |
|
|
LTFS
128
Ladenburg Thalmann Financial Services
Miami,
Florida
| – | -$1.69K | -321 | -80% |
|
|
CFGS
129
Concourse Financial Group Securities
Birmingham,
Alabama
| – | -$1.05K | -200 | Closed |
|
RBBN Hedge Fund Activity: Q3 2019 in Review
123 of the 4,560 institutional investors tracked by Wall St. Rank reported a position in Ribbon Communications (RBBN) for Q3 2019, worth a combined $525M — up 22% from $432M a quarter earlier.
Buyers outnumbered sellers: 24 funds opened new RBBN positions and 9 closed out — a net gain of 15 holders — while 40 added to existing stakes and 40 trimmed.
The largest buyer was Nokomis Capital, adding an estimated $2.41M. The largest seller was Engine Capital Management, cutting an estimated $1.63M.
- 123 institutional investors held Ribbon Communications (RBBN) as of Q3 2019, up from 109 in Q2 2019.
- Funds reported $525M of Ribbon Communications stock for Q3 2019, up 22% quarter-over-quarter.
- 24 funds opened new Ribbon Communications positions in Q3 2019 and 9 closed out, a net change of +15 holders.
- The largest Ribbon Communications buyer in Q3 2019 was Nokomis Capital, an estimated $2.41M added.
- The largest Ribbon Communications seller in Q3 2019 was Engine Capital Management, an estimated $1.63M sold.
Based on aggregated 13F filings for Q3 2019.