Ribbon Communications
RBBN
118 hedge funds and large institutions have $281M invested in Ribbon Communications in 2020 Q1 according to their latest regulatory filings, with 19 funds opening new positions, 43 increasing their positions, 38 reducing their positions, and 13 closing their positions.
46% more first-time investments, than exits
New positions opened: 19 | Existing positions closed: 13
13% more repeat investments, than reductions
Existing positions increased: 43 | Existing positions reduced: 38
3% more funds holding
Funds holding: 115 → 118 (+3)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
0% less capital invested
Capital invested by funds: $281M → $281M (-$20K)
17.35% less ownership
Funds ownership: 81.82% → 64.47% (-17%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
+$2.32M |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
+$1.78M |
| 3 |
MSL
Mackay Shields LLC
New York
|
+$1.09M |
| 4 |
AQR Capital Management
Greenwich,
Connecticut
|
+$903K |
| 5 |
Geode Capital Management
Boston,
Massachusetts
|
+$853K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RA
Royce & Associates
New York
|
-$1.47M |
| 2 |
Renaissance Technologies
New York
|
-$988K |
| 3 |
OAM
Oxford Asset Management
Oxford,
United Kingdom
|
-$788K |
| 4 |
BPM
Bowling Portfolio Management
Cincinnati,
Ohio
|
-$718K |
| 5 |
Barrow, Hanley, Mewhinney & Strauss
Dallas,
Texas
|
-$505K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
126
Commonwealth Equity Services
Waltham,
Massachusetts
| – | -$34K | -11,164 | Closed |
|
|
IA
127
IFP Advisors
Tampa,
Florida
| – | -$6.33K | -2,105 | -100% |
|
|
CFGS
128
Concourse Financial Group Securities
Birmingham,
Alabama
| – | -$601 | -200 | Closed |
|
129
Fidelity Investments
Boston,
Massachusetts
| – | -$301 | -100 | -60% |
|
|
HR
130
Howe & Rusling
Rochester,
New York
| – | -$18 | -6 | -5% |
|
RBBN Hedge Fund Activity: Q1 2020 in Review
118 of the 4,538 institutional investors tracked by Wall St. Rank reported a position in Ribbon Communications (RBBN) for Q1 2020, worth a combined $281M — down 0.01% from $281M a quarter earlier.
Buyers outnumbered sellers: 19 funds opened new RBBN positions and 13 closed out — a net gain of 6 holders — while 43 added to existing stakes and 38 trimmed.
The largest buyer was Millennium Management, opening a new position worth an estimated $2.32M. The largest seller was Royce & Associates, cutting an estimated $1.47M.
- 118 institutional investors held Ribbon Communications (RBBN) as of Q1 2020, up from 115 in Q4 2019.
- Funds reported $281M of Ribbon Communications stock for Q1 2020, down 0.01% quarter-over-quarter.
- 19 funds opened new Ribbon Communications positions in Q1 2020 and 13 closed out, a net change of +6 holders.
- The largest Ribbon Communications buyer in Q1 2020 was Millennium Management, an estimated $2.32M added.
- The largest Ribbon Communications seller in Q1 2020 was Royce & Associates, an estimated $1.47M sold.
Based on aggregated 13F filings for Q1 2020.