Ribbon Communications
RBBN
130 hedge funds and large institutions have $251M invested in Ribbon Communications in 2016 Q1 according to their latest regulatory filings, with 22 funds opening new positions, 50 increasing their positions, 41 reducing their positions, and 16 closing their positions.
899% more call options, than puts
Call options by funds: $969K | Put options by funds: $97K
38% more first-time investments, than exits
New positions opened: 22 | Existing positions closed: 16
22% more repeat investments, than reductions
Existing positions increased: 50 | Existing positions reduced: 41
6% more capital invested
Capital invested by funds: $236M → $251M (+$15M)
5% more funds holding
Funds holding: 124 → 130 (+6)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Renaissance Technologies
New York
|
+$6.99M |
| 2 |
Millennium Management
New York
|
+$4.29M |
| 3 |
D.E. Shaw & Co
New York
|
+$3.29M |
| 4 |
KCM
Kingdon Capital Management
New York
|
+$2.53M |
| 5 |
SIM
Spark Investment Management
New York
|
+$1.88M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
First Trust Advisors
Wheaton,
Illinois
|
-$9.97M |
| 2 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$8.73M |
| 3 |
Ameriprise
Minneapolis,
Minnesota
|
-$2.94M |
| 4 |
Fuller & Thaler Asset Management
San Mateo,
California
|
-$2.07M |
| 5 |
HAM
Harber Asset Management
Asheville,
North Carolina
|
-$1.52M |
RBBN Hedge Fund Activity: Q1 2016 in Review
130 of the 3,753 institutional investors tracked by Wall St. Rank reported a position in Ribbon Communications (RBBN) for Q1 2016, worth a combined $251M — up 6.3% from $236M a quarter earlier.
Buyers outnumbered sellers: 22 funds opened new RBBN positions and 16 closed out — a net gain of 6 holders — while 50 added to existing stakes and 41 trimmed.
The largest buyer was Renaissance Technologies, adding an estimated $6.99M. The largest seller was First Trust Advisors, cutting an estimated $9.97M.
- 130 institutional investors held Ribbon Communications (RBBN) as of Q1 2016, up from 124 in Q4 2015.
- Funds reported $251M of Ribbon Communications stock for Q1 2016, up 6.3% quarter-over-quarter.
- 22 funds opened new Ribbon Communications positions in Q1 2016 and 16 closed out, a net change of +6 holders.
- The largest Ribbon Communications buyer in Q1 2016 was Renaissance Technologies, an estimated $6.99M added.
- The largest Ribbon Communications seller in Q1 2016 was First Trust Advisors, an estimated $9.97M sold.
Based on aggregated 13F filings for Q1 2016.