Ribbon Communications
RBBN
102 hedge funds and large institutions have $597M invested in Ribbon Communications in 2018 Q2 according to their latest regulatory filings, with 10 funds opening new positions, 33 increasing their positions, 35 reducing their positions, and 29 closing their positions.
38% more capital invested
Capital invested by funds: $432M → $597M (+$165M)
6% less repeat investments, than reductions
Existing positions increased: 33 | Existing positions reduced: 35
2.52% less ownership
Funds ownership: 83.02% → 80.5% (-2.5%)
16% less funds holding
Funds holding: 121 → 102 (-19)
66% less first-time investments, than exits
New positions opened: 10 | Existing positions closed: 29
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PCMI
Paradigm Capital Management Inc
Albany,
New York
|
+$5.86M |
| 2 |
BlackRock
New York
|
+$2.16M |
| 3 |
RA
Royce & Associates
New York
|
+$2.06M |
| 4 |
MAG
Millrace Asset Group
Berwyn,
Pennsylvania
|
+$1.83M |
| 5 |
Vanguard Group
Malvern,
Pennsylvania
|
+$1.58M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Capital Research Global Investors
Los Angeles,
California
|
-$5.33M |
| 2 |
AIM
Alambic Investment Management
Belvedere,
California
|
-$3.17M |
| 3 |
Goldman Sachs
New York
|
-$2.23M |
| 4 |
Invesco
Atlanta,
Georgia
|
-$1.58M |
| 5 |
Millennium Management
New York
|
-$1.32M |
RBBN Hedge Fund Activity: Q2 2018 in Review
102 of the 4,368 institutional investors tracked by Wall St. Rank reported a position in Ribbon Communications (RBBN) for Q2 2018, worth a combined $597M — up 38% from $432M a quarter earlier.
Sellers outnumbered buyers: 29 funds closed out of RBBN and 10 opened new positions — a net loss of 19 holders — while 35 trimmed existing stakes and 33 added.
The largest buyer was Paradigm Capital Management Inc, adding an estimated $5.86M. The largest seller was Capital Research Global Investors, exiting entirely with an estimated $5.33M sold.
- 102 institutional investors held Ribbon Communications (RBBN) as of Q2 2018, down from 121 in Q1 2018.
- Funds reported $597M of Ribbon Communications stock for Q2 2018, up 38% quarter-over-quarter.
- 10 funds opened new Ribbon Communications positions in Q2 2018 and 29 closed out, a net change of -19 holders.
- The largest Ribbon Communications buyer in Q2 2018 was Paradigm Capital Management Inc, an estimated $5.86M added.
- The largest Ribbon Communications seller in Q2 2018 was Capital Research Global Investors, an estimated $5.33M sold.
Based on aggregated 13F filings for Q2 2018.