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Ribbon Communications

118 hedge funds and large institutions have $410M invested in Ribbon Communications in 2018 Q4 according to their latest regulatory filings, with 21 funds opening new positions, 42 increasing their positions, 36 reducing their positions, and 13 closing their positions.

New
Increased
Maintained
Reduced
Closed

62% more first-time investments, than exits

New positions opened: 21 | Existing positions closed: 13

17% more repeat investments, than reductions

Existing positions increased: 42 | Existing positions reduced: 36

6% more funds holding

Funds holding: 111118 (+7)

1.53% less ownership

Funds ownership: 81.34%79.81% (-1.5%)

29% less capital invested

Capital invested by funds: $578M → $410M (-$168M)

90% less call options, than puts

Call options by funds: $79K | Put options by funds: $766K

100% less funds holding in top 10

Funds holding in top 10: 10 (-1)

Holders
118
Holders Change
+7
Holders Change %
+6.31%
% of All Funds
2.63%
Holding in Top 10
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-100%
% of All Funds
New
21
Increased
42
Reduced
36
Closed
13
Calls
$79K
Puts
$766K
Net Calls
-$687K
Net Calls Change
-$793K
Name Holding Trade Value Shares
Change
Change in
Stake
JP Morgan Chase
1
JP Morgan Chase
New York
$242M -$876K -151,181 -0.3%
BlackRock
2
BlackRock
New York
$19.5M +$2.78M +479,112 +13%
Dimensional Fund Advisors
3
Dimensional Fund Advisors
Texas
$18.3M +$1.25M +215,975 +6%
Vanguard Group
4
Vanguard Group
Pennsylvania
$18M +$483K +83,252 +2%
PCMI
5
Paradigm Capital Management Inc
New York
$10.7M +$6.14M +1,059,200 +91%
Renaissance Technologies
6
Renaissance Technologies
New York
$9.67M +$416K +71,800 +4%
Neuberger Berman Group
7
Neuberger Berman Group
New York
$9.52M -$991K -171,043 -8%
RA
8
Royce & Associates
New York
$9.46M +$316K +54,546 +3%
CS
9
Central Securities
New York
$6.69M
State Street
10
State Street
Massachusetts
$4.66M -$113K -19,548 -2%
D.E. Shaw & Co
11
D.E. Shaw & Co
New York
$4.38M +$72.2K +12,453 +1%
HCM
12
Horrell Capital Management
Arkansas
$3.29M +$1.15M +199,000 +41%
Northern Trust
13
Northern Trust
Illinois
$3.12M +$107K +18,400 +3%
Geode Capital Management
14
Geode Capital Management
Massachusetts
$2.82M +$211K +36,464 +7%
Russell Investments Group
15
Russell Investments Group
United Kingdom
$2.25M -$5.1M -880,262 -65%
ECM
16
Engine Capital Management
New York
$2.19M
MAG
17
Millrace Asset Group
Pennsylvania
$1.89M +$474K +81,813 +26%
Morgan Stanley
18
Morgan Stanley
New York
$1.77M -$137K -23,629 -6%
Bank of New York Mellon
19
Bank of New York Mellon
New York
$1.76M -$32.6K -5,621 -2%
Hotchkis & Wiley Capital Management
20
Hotchkis & Wiley Capital Management
California
$1.75M -$23.3K -4,026 -1%
TCIM
21
TIAA CREF Investment Management
New York
$1.55M -$216K -37,297 -10%
Fidelity Investments
22
Fidelity Investments
Massachusetts
$1.54M -$801K -138,139 -30%
Fuller & Thaler Asset Management
23
Fuller & Thaler Asset Management
California
$1.53M +$1.84M +317,600 New
IECM
24
Intrinsic Edge Capital Management
Illinois
$1.47M +$1.76M +304,300 New
First Trust Advisors
25
First Trust Advisors
Illinois
$1.43M +$104K +17,998 +6%

RBBN Hedge Fund Activity: Q4 2018 in Review

118 of the 4,488 institutional investors tracked by Wall St. Rank reported a position in Ribbon Communications (RBBN) for Q4 2018, worth a combined $410M — down 29% from $578M a quarter earlier.

Buyers outnumbered sellers: 21 funds opened new RBBN positions and 13 closed out — a net gain of 8 holders — while 42 added to existing stakes and 36 trimmed.

The largest buyer was Paradigm Capital Management Inc, adding an estimated $6.14M. The largest seller was Russell Investments Group, cutting an estimated $5.1M.

  • 118 institutional investors held Ribbon Communications (RBBN) as of Q4 2018, up from 111 in Q3 2018.
  • Funds reported $410M of Ribbon Communications stock for Q4 2018, down 29% quarter-over-quarter.
  • 21 funds opened new Ribbon Communications positions in Q4 2018 and 13 closed out, a net change of +8 holders.
  • The largest Ribbon Communications buyer in Q4 2018 was Paradigm Capital Management Inc, an estimated $6.14M added.
  • The largest Ribbon Communications seller in Q4 2018 was Russell Investments Group, an estimated $5.1M sold.

Based on aggregated 13F filings for Q4 2018.