Ribbon Communications
RBBN
126 hedge funds and large institutions have $747M invested in Ribbon Communications in 2021 Q2 according to their latest regulatory filings, with 14 funds opening new positions, 47 increasing their positions, 38 reducing their positions, and 34 closing their positions.
24% more repeat investments, than reductions
Existing positions increased: 47 | Existing positions reduced: 38
0.69% less ownership
Funds ownership: 67.35% → 66.66% (-0.69%)
7% less capital invested
Capital invested by funds: $804M → $747M (-$57.1M)
14% less funds holding
Funds holding: 146 → 126 (-20)
59% less first-time investments, than exits
New positions opened: 14 | Existing positions closed: 34
67% less funds holding in top 10
Funds holding in top 10: 3 → 1 (-2)
90% less call options, than puts
Call options by funds: $773K | Put options by funds: $7.5M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Impax Asset Management Group
London,
United Kingdom
|
+$5.23M |
| 2 |
First Trust Advisors
Wheaton,
Illinois
|
+$3.25M |
| 3 |
OAM
Ophir Asset Management
Sydney,
Australia
|
+$2.51M |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
+$2.19M |
| 5 |
PCMI
Paradigm Capital Management Inc
Albany,
New York
|
+$2.06M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Renaissance Technologies
New York
|
-$3.06M |
| 2 |
Rafferty Asset Management
New York
|
-$2.92M |
| 3 |
CCM
Cerberus Capital Management
New York
|
-$2.78M |
| 4 |
EGI
EAM Global Investors
Solana Beach,
California
|
-$1.77M |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$1.55M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
MAM
151
Meeder Asset Management
Dublin,
Ohio
| – | -$20K | -2,523 | Closed |
|
152
Bank of Montreal
Toronto,
Ontario, Canada
| – | -$16K | -1,901 | Closed |
|
|
CG
153
Cutler Group
San Francisco,
California
| – | -$2.45K | -320 | Closed |
|
|
TWA
154
TCI Wealth Advisors
Tucson,
Arizona
| – | -$2K | -236 | Closed |
|
|
HI
155
Harbour Investments
Madison,
Wisconsin
| – | -$1K | -100 | Closed |
|
156
PNC Financial Services Group
Pittsburgh,
Pennsylvania
| – | -$536 | -70 | -52% |
|
|
AIC
157
Ameritas Investment Company
Lincoln,
Nebraska
| – | -$361 | -44 | Closed |
|
RBBN Hedge Fund Activity: Q2 2021 in Review
126 of the 5,745 institutional investors tracked by Wall St. Rank reported a position in Ribbon Communications (RBBN) for Q2 2021, worth a combined $747M — down 7.1% from $804M a quarter earlier.
Sellers outnumbered buyers: 34 funds closed out of RBBN and 14 opened new positions — a net loss of 20 holders — while 38 trimmed existing stakes and 47 added.
The largest buyer was Impax Asset Management Group, adding an estimated $5.23M. The largest seller was Renaissance Technologies, cutting an estimated $3.06M.
- 126 institutional investors held Ribbon Communications (RBBN) as of Q2 2021, down from 146 in Q1 2021.
- Funds reported $747M of Ribbon Communications stock for Q2 2021, down 7.1% quarter-over-quarter.
- 14 funds opened new Ribbon Communications positions in Q2 2021 and 34 closed out, a net change of -20 holders.
- The largest Ribbon Communications buyer in Q2 2021 was Impax Asset Management Group, an estimated $5.23M added.
- The largest Ribbon Communications seller in Q2 2021 was Renaissance Technologies, an estimated $3.06M sold.
Based on aggregated 13F filings for Q2 2021.