Ribbon Communications
RBBN
126 hedge funds and large institutions have $262M invested in Ribbon Communications in 2016 Q3 according to their latest regulatory filings, with 17 funds opening new positions, 50 increasing their positions, 40 reducing their positions, and 18 closing their positions.
25% more repeat investments, than reductions
Existing positions increased: 50 | Existing positions reduced: 40
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
1% less funds holding
Funds holding: 127 → 126 (-1)
6% less first-time investments, than exits
New positions opened: 17 | Existing positions closed: 18
10% less call options, than puts
Call options by funds: $809K | Put options by funds: $895K
11% less capital invested
Capital invested by funds: $293M → $262M (-$30.8M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AQR Capital Management
Greenwich,
Connecticut
|
+$4.39M |
| 2 |
PAM
Panagora Asset Management
Boston,
Massachusetts
|
+$3.11M |
| 3 |
First Trust Advisors
Wheaton,
Illinois
|
+$2.91M |
| 4 |
SFM
Systematic Financial Management
Teaneck,
New Jersey
|
+$2.81M |
| 5 |
Dimensional Fund Advisors
Austin,
Texas
|
+$2.05M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Capital Research Global Investors
Los Angeles,
California
|
-$4.74M |
| 2 |
Millennium Management
New York
|
-$4.28M |
| 3 |
Renaissance Technologies
New York
|
-$2.29M |
| 4 |
GIP
Granite Investment Partners
El Segundo,
California
|
-$2.29M |
| 5 |
Two Sigma Investments
New York
|
-$1.67M |
RBBN Hedge Fund Activity: Q3 2016 in Review
126 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in Ribbon Communications (RBBN) for Q3 2016, worth a combined $262M — down 11% from $293M a quarter earlier.
Sellers outnumbered buyers: 18 funds closed out of RBBN and 17 opened new positions — a net loss of 1 holder — while 40 trimmed existing stakes and 50 added.
The largest buyer was AQR Capital Management, adding an estimated $4.39M. The largest seller was Capital Research Global Investors, cutting an estimated $4.74M.
- 126 institutional investors held Ribbon Communications (RBBN) as of Q3 2016, down from 127 in Q2 2016.
- Funds reported $262M of Ribbon Communications stock for Q3 2016, down 11% quarter-over-quarter.
- 17 funds opened new Ribbon Communications positions in Q3 2016 and 18 closed out, a net change of -1 holder.
- The largest Ribbon Communications buyer in Q3 2016 was AQR Capital Management, an estimated $4.39M added.
- The largest Ribbon Communications seller in Q3 2016 was Capital Research Global Investors, an estimated $4.74M sold.
Based on aggregated 13F filings for Q3 2016.