Ribbon Communications
RBBN
149 hedge funds and large institutions have $582M invested in Ribbon Communications in 2014 Q2 according to their latest regulatory filings, with 24 funds opening new positions, 55 increasing their positions, 49 reducing their positions, and 24 closing their positions.
12% more repeat investments, than reductions
Existing positions increased: 55 | Existing positions reduced: 49
7% more capital invested
Capital invested by funds: $545M → $582M (+$36.8M)
0% more first-time investments, than exits
New positions opened: 24 | Existing positions closed: 24
1% less funds holding
Funds holding: 151 → 149 (-2)
38% less call options, than puts
Call options by funds: $1.02M | Put options by funds: $1.66M
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WC
Walthausen & Co
Malta,
New York
|
+$13.7M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
+$8.24M |
| 3 |
KCM
Kingdon Capital Management
New York
|
+$5.75M |
| 4 |
Norges Bank
Oslo,
Norway
|
+$4.87M |
| 5 |
BA
BlackRock Advisors
Wilmington,
Delaware
|
+$4.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ECM
Empire Capital Management
Westport,
Connecticut
|
-$15.1M |
| 2 |
First Trust Advisors
Wheaton,
Illinois
|
-$7.13M |
| 3 |
Stifel Financial
St. Louis,
Missouri
|
-$6.91M |
| 4 |
Goldman Sachs
New York
|
-$6.7M |
| 5 |
ACM
Archon Capital Management
Seattle,
Washington
|
-$5.29M |
RBBN Hedge Fund Activity: Q2 2014 in Review
149 of the 3,491 institutional investors tracked by Wall St. Rank reported a position in Ribbon Communications (RBBN) for Q2 2014, worth a combined $582M — up 6.8% from $545M a quarter earlier.
Fund positioning in RBBN was balanced in Q2 2014: 24 funds opened new positions, 24 closed out, 55 added to existing stakes and 49 trimmed.
The largest buyer was Walthausen & Co, opening a new position worth an estimated $13.7M. The largest seller was Empire Capital Management, cutting an estimated $15.1M.
- 149 institutional investors held Ribbon Communications (RBBN) as of Q2 2014, down from 151 in Q1 2014.
- Funds reported $582M of Ribbon Communications stock for Q2 2014, up 6.8% quarter-over-quarter.
- 24 funds opened new Ribbon Communications positions in Q2 2014 and 24 closed out, a net change of 0 holders.
- The largest Ribbon Communications buyer in Q2 2014 was Walthausen & Co, an estimated $13.7M added.
- The largest Ribbon Communications seller in Q2 2014 was Empire Capital Management, an estimated $15.1M sold.
Based on aggregated 13F filings for Q2 2014.