Ribbon Communications
RBBN
127 hedge funds and large institutions have $293M invested in Ribbon Communications in 2016 Q2 according to their latest regulatory filings, with 20 funds opening new positions, 45 increasing their positions, 43 reducing their positions, and 22 closing their positions.
17% more call options, than puts
Call options by funds: $1.73M | Put options by funds: $1.48M
15% more capital invested
Capital invested by funds: $254M → $293M (+$39M)
5% more repeat investments, than reductions
Existing positions increased: 45 | Existing positions reduced: 43
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
9% less first-time investments, than exits
New positions opened: 20 | Existing positions closed: 22
2% less funds holding
Funds holding: 130 → 127 (-3)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Invesco
Atlanta,
Georgia
|
+$3.37M |
| 2 |
NI
Numeric Investors
Boston,
Massachusetts
|
+$2.88M |
| 3 |
Renaissance Technologies
New York
|
+$2.22M |
| 4 |
OAM
Oxford Asset Management
Oxford,
United Kingdom
|
+$1.48M |
| 5 |
Dimensional Fund Advisors
Austin,
Texas
|
+$1.15M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
-$4.34M |
| 2 |
KCM
Kingdon Capital Management
New York
|
-$2.85M |
| 3 |
KCM
Kennedy Capital Management
St Louis,
Missouri
|
-$2.54M |
| 4 |
HCM
Horrell Capital Management
Little Rock,
Arkansas
|
-$1.8M |
| 5 |
HCM
Highbridge Capital Management
New York
|
-$958K |
RBBN Hedge Fund Activity: Q2 2016 in Review
127 of the 3,756 institutional investors tracked by Wall St. Rank reported a position in Ribbon Communications (RBBN) for Q2 2016, worth a combined $293M — up 15% from $254M a quarter earlier.
Sellers outnumbered buyers: 22 funds closed out of RBBN and 20 opened new positions — a net loss of 2 holders — while 43 trimmed existing stakes and 45 added.
The largest buyer was Invesco, adding an estimated $3.37M. The largest seller was Millennium Management, cutting an estimated $4.34M.
- 127 institutional investors held Ribbon Communications (RBBN) as of Q2 2016, down from 130 in Q1 2016.
- Funds reported $293M of Ribbon Communications stock for Q2 2016, up 15% quarter-over-quarter.
- 20 funds opened new Ribbon Communications positions in Q2 2016 and 22 closed out, a net change of -2 holders.
- The largest Ribbon Communications buyer in Q2 2016 was Invesco, an estimated $3.37M added.
- The largest Ribbon Communications seller in Q2 2016 was Millennium Management, an estimated $4.34M sold.
Based on aggregated 13F filings for Q2 2016.