Ribbon Communications
RBBN
104 hedge funds and large institutions have $254M invested in Ribbon Communications in 2017 Q2 according to their latest regulatory filings, with 11 funds opening new positions, 36 increasing their positions, 33 reducing their positions, and 20 closing their positions.
271% more call options, than puts
Call options by funds: $497K | Put options by funds: $134K
15% more capital invested
Capital invested by funds: $222M → $254M (+$32.2M)
9% more repeat investments, than reductions
Existing positions increased: 36 | Existing positions reduced: 33
2.39% less ownership
Funds ownership: 68.52% → 66.13% (-2.4%)
8% less funds holding
Funds holding: 113 → 104 (-9)
45% less first-time investments, than exits
New positions opened: 11 | Existing positions closed: 20
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JP Morgan Chase
New York
|
+$4.56M |
| 2 |
Boston Partners
Boston,
Massachusetts
|
+$4.54M |
| 3 |
First Trust Advisors
Wheaton,
Illinois
|
+$4.28M |
| 4 |
Dimensional Fund Advisors
Austin,
Texas
|
+$3.27M |
| 5 |
Neuberger Berman Group
New York
|
+$2.88M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Capital Research Global Investors
Los Angeles,
California
|
-$10.7M |
| 2 |
HRCM
Hawk Ridge Capital Management
Los Angeles,
California
|
-$2.98M |
| 3 |
Jacobs Levy Equity Management
Florham Park,
New Jersey
|
-$2.9M |
| 4 |
PAM
Panagora Asset Management
Boston,
Massachusetts
|
-$1.45M |
| 5 |
AG
Algert Global
San Francisco,
California
|
-$991K |
RBBN Hedge Fund Activity: Q2 2017 in Review
104 of the 4,022 institutional investors tracked by Wall St. Rank reported a position in Ribbon Communications (RBBN) for Q2 2017, worth a combined $254M — up 15% from $222M a quarter earlier.
Sellers outnumbered buyers: 20 funds closed out of RBBN and 11 opened new positions — a net loss of 9 holders — while 33 trimmed existing stakes and 36 added.
The largest buyer was JP Morgan Chase, adding an estimated $4.56M. The largest seller was Capital Research Global Investors, cutting an estimated $10.7M.
- 104 institutional investors held Ribbon Communications (RBBN) as of Q2 2017, down from 113 in Q1 2017.
- Funds reported $254M of Ribbon Communications stock for Q2 2017, up 15% quarter-over-quarter.
- 11 funds opened new Ribbon Communications positions in Q2 2017 and 20 closed out, a net change of -9 holders.
- The largest Ribbon Communications buyer in Q2 2017 was JP Morgan Chase, an estimated $4.56M added.
- The largest Ribbon Communications seller in Q2 2017 was Capital Research Global Investors, an estimated $10.7M sold.
Based on aggregated 13F filings for Q2 2017.