Ribbon Communications
RBBN
128 hedge funds and large institutions have $649M invested in Ribbon Communications in 2020 Q4 according to their latest regulatory filings, with 32 funds opening new positions, 38 increasing their positions, 39 reducing their positions, and 14 closing their positions.
129% more first-time investments, than exits
New positions opened: 32 | Existing positions closed: 14
78% more capital invested
Capital invested by funds: $363M → $649M (+$285M)
15% more funds holding
Funds holding: 111 → 128 (+17)
2.64% more ownership
Funds ownership: 65.4% → 68.04% (+2.6%)
0% more funds holding in top 10
Funds holding in top 10: 3 → 3 (0)
3% less repeat investments, than reductions
Existing positions increased: 38 | Existing positions reduced: 39
95% less call options, than puts
Call options by funds: $315K | Put options by funds: $6.3M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Invesco
Atlanta,
Georgia
|
+$12.9M |
| 2 |
BlackRock
New York
|
+$2.28M |
| 3 |
JP Morgan Chase
New York
|
+$1.64M |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
+$1.19M |
| 5 |
Geode Capital Management
Boston,
Massachusetts
|
+$1.02M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CS
Central Securities
New York
|
-$1.5M |
| 2 |
HCM
Horrell Capital Management
Little Rock,
Arkansas
|
-$784K |
| 3 |
MSL
Mackay Shields LLC
New York
|
-$783K |
| 4 |
Renaissance Technologies
New York
|
-$782K |
| 5 |
State Street
Boston,
Massachusetts
|
-$533K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
HCM
126
Horrell Capital Management
Little Rock,
Arkansas
| – | -$784K | -202,600 | Closed |
|
|
OMC
127
Oak Management Corp
Wilton,
Connecticut
| – | -$230K | -59,416 | Closed |
|
|
GCP
128
GSA Capital Partners
London,
United Kingdom
| – | -$151K | -39,062 | Closed |
|
129
Millennium Management
New York
| – | -$136 | -35,091 | Closed |
|
130
Principal Financial Group
Des Moines,
Iowa
| – | -$127K | -32,762 | Closed |
|
|
MAM
131
Martingale Asset Management
Boston,
Massachusetts
| – | -$101K | -25,966 | Closed |
|
|
HS
132
HighVista Strategies
Boston,
Massachusetts
| – | -$76K | -19,700 | Closed |
|
133
Acadian Asset Management
Boston,
Massachusetts
| – | -$51K | -13,305 | Closed |
|
134
Jane Street
New York
| – | -$47K | -12,116 | Closed |
|
|
XM
135
XTX Markets
New York
| – | -$42K | -10,902 | Closed |
|
136
Two Sigma Advisers
New York
| – | -$39K | -10,014 | Closed |
|
|
CPWM
137
Cypress Point Wealth Management
Dallas,
Texas
| – | +$264 | +50 | New |
|
|
CG
138
Cutler Group
San Francisco,
California
| – | +$634 | +120 | New |
|
RBBN Hedge Fund Activity: Q4 2020 in Review
128 of the 5,651 institutional investors tracked by Wall St. Rank reported a position in Ribbon Communications (RBBN) for Q4 2020, worth a combined $649M — up 78% from $363M a quarter earlier.
Buyers outnumbered sellers: 32 funds opened new RBBN positions and 14 closed out — a net gain of 18 holders — while 38 added to existing stakes and 39 trimmed.
The largest buyer was Invesco, adding an estimated $12.9M. The largest seller was Central Securities, exiting entirely with an estimated $1.5M sold.
- 128 institutional investors held Ribbon Communications (RBBN) as of Q4 2020, up from 111 in Q3 2020.
- Funds reported $649M of Ribbon Communications stock for Q4 2020, up 78% quarter-over-quarter.
- 32 funds opened new Ribbon Communications positions in Q4 2020 and 14 closed out, a net change of +18 holders.
- The largest Ribbon Communications buyer in Q4 2020 was Invesco, an estimated $12.9M added.
- The largest Ribbon Communications seller in Q4 2020 was Central Securities, an estimated $1.5M sold.
Based on aggregated 13F filings for Q4 2020.