Ribbon Communications
RBBN
125 hedge funds and large institutions have $208M invested in Ribbon Communications in 2016 Q4 according to their latest regulatory filings, with 18 funds opening new positions, 37 increasing their positions, 50 reducing their positions, and 17 closing their positions.
66.89% more ownership
Funds ownership: 0% → 66.89% (+67%)
6% more first-time investments, than exits
New positions opened: 18 | Existing positions closed: 17
1% less funds holding
Funds holding: 126 → 125 (-1)
20% less call options, than puts
Call options by funds: $289K | Put options by funds: $363K
20% less capital invested
Capital invested by funds: $262M → $208M (-$53.6M)
26% less repeat investments, than reductions
Existing positions increased: 37 | Existing positions reduced: 50
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
First Trust Advisors
Wheaton,
Illinois
|
+$3.42M |
| 2 |
AQR Capital Management
Greenwich,
Connecticut
|
+$2.73M |
| 3 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
+$1.53M |
| 4 |
HCM
Horrell Capital Management
Little Rock,
Arkansas
|
+$1.51M |
| 5 |
Dimensional Fund Advisors
Austin,
Texas
|
+$1.18M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$4.07M |
| 2 |
NI
Numeric Investors
Boston,
Massachusetts
|
-$3.61M |
| 3 |
SFM
Systematic Financial Management
Teaneck,
New Jersey
|
-$2.5M |
| 4 |
AllianceBernstein
Nashville,
Tennessee
|
-$1.91M |
| 5 |
BIM
Bogle Investment Management
Newton Lower Falls,
Massachusetts
|
-$1.2M |
RBBN Hedge Fund Activity: Q4 2016 in Review
125 of the 4,000 institutional investors tracked by Wall St. Rank reported a position in Ribbon Communications (RBBN) for Q4 2016, worth a combined $208M — down 20% from $262M a quarter earlier.
Buyers outnumbered sellers: 18 funds opened new RBBN positions and 17 closed out — a net gain of 1 holder — while 37 added to existing stakes and 50 trimmed.
The largest buyer was First Trust Advisors, adding an estimated $3.42M. The largest seller was Arrowstreet Capital, exiting entirely with an estimated $4.07M sold.
- 125 institutional investors held Ribbon Communications (RBBN) as of Q4 2016, down from 126 in Q3 2016.
- Funds reported $208M of Ribbon Communications stock for Q4 2016, down 20% quarter-over-quarter.
- 18 funds opened new Ribbon Communications positions in Q4 2016 and 17 closed out, a net change of +1 holder.
- The largest Ribbon Communications buyer in Q4 2016 was First Trust Advisors, an estimated $3.42M added.
- The largest Ribbon Communications seller in Q4 2016 was Arrowstreet Capital, an estimated $4.07M sold.
Based on aggregated 13F filings for Q4 2016.