Ribbon Communications
RBBN
115 hedge funds and large institutions have $281M invested in Ribbon Communications in 2019 Q4 according to their latest regulatory filings, with 18 funds opening new positions, 49 increasing their positions, 28 reducing their positions, and 26 closing their positions.
75% more repeat investments, than reductions
Existing positions increased: 49 | Existing positions reduced: 28
0.13% more ownership
Funds ownership: 81.68% → 81.82% (+0.13%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
7% less funds holding
Funds holding: 123 → 115 (-8)
31% less first-time investments, than exits
New positions opened: 18 | Existing positions closed: 26
46% less capital invested
Capital invested by funds: $525M → $281M (-$243M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PCMI
Paradigm Capital Management Inc
Albany,
New York
|
+$10.2M |
| 2 |
Neuberger Berman Group
New York
|
+$2.66M |
| 3 |
AQR Capital Management
Greenwich,
Connecticut
|
+$2.54M |
| 4 |
BCM
Bridgeway Capital Management
Houston,
Texas
|
+$1.6M |
| 5 |
HIM
Hillsdale Investment Management
Toronto,
Ontario, Canada
|
+$1.46M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
NC
Nokomis Capital
Dallas,
Texas
|
-$11.5M |
| 2 |
KCM
Kennedy Capital Management
St Louis,
Missouri
|
-$3.76M |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
-$3.63M |
| 4 |
RA
Royce & Associates
New York
|
-$2.54M |
| 5 |
RHJA
Rice Hall James & Associates
San Diego,
California
|
-$1.86M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
MIM
126
MetLife Investment Management
Whippany,
New Jersey
| – | -$151K | -25,862 | Closed |
|
127
Victory Capital Management
San Antonio,
Texas
| – | -$122K | -20,901 | Closed |
|
|
MLICM
128
Metropolitan Life Insurance Company (MetLife)
New York
| – | -$106K | -18,201 | Closed |
|
|
TSS
129
Two Sigma Securities
New York
| – | -$95K | -16,289 | Closed |
|
|
PI
130
PEAK6 Investments
Chicago,
Illinois
| – | -$82K | -14,073 | Closed |
|
|
CCIA
131
Campbell & Co Investment Adviser
Baltimore,
Maryland
| – | -$71K | -12,160 | Closed |
|
|
NEPWA
132
New England Private Wealth Advisors
Wellesley,
Massachusetts
| – | -$63K | -10,966 | Closed |
|
|
QT
133
Quantamental Technologies
White Plains,
New York
| – | -$20K | -3,497 | Closed |
|
|
TRCT
134
Tower Research Capital (TRC)
New York
| – | -$5K | -881 | Closed |
|
135
Lazard Asset Management
New York
| – | -$2K | -431 | Closed |
|
|
PFO
136
Pathstone Family Office
Englewood,
New Jersey
| – | -$1K | -200 | Closed |
|
137
CAPTRUST Financial Advisors
Raleigh,
North Carolina
| – | -$1K | -100 | Closed |
|
RBBN Hedge Fund Activity: Q4 2019 in Review
115 of the 5,075 institutional investors tracked by Wall St. Rank reported a position in Ribbon Communications (RBBN) for Q4 2019, worth a combined $281M — down 46% from $525M a quarter earlier.
Sellers outnumbered buyers: 26 funds closed out of RBBN and 18 opened new positions — a net loss of 8 holders — while 28 trimmed existing stakes and 49 added.
The largest buyer was Paradigm Capital Management Inc, adding an estimated $10.2M. The largest seller was Nokomis Capital, exiting entirely with an estimated $11.5M sold.
- 115 institutional investors held Ribbon Communications (RBBN) as of Q4 2019, down from 123 in Q3 2019.
- Funds reported $281M of Ribbon Communications stock for Q4 2019, down 46% quarter-over-quarter.
- 18 funds opened new Ribbon Communications positions in Q4 2019 and 26 closed out, a net change of -8 holders.
- The largest Ribbon Communications buyer in Q4 2019 was Paradigm Capital Management Inc, an estimated $10.2M added.
- The largest Ribbon Communications seller in Q4 2019 was Nokomis Capital, an estimated $11.5M sold.
Based on aggregated 13F filings for Q4 2019.