Ribbon Communications
RBBN
127 hedge funds and large institutions have $353M invested in Ribbon Communications in 2023 Q2 according to their latest regulatory filings, with 12 funds opening new positions, 59 increasing their positions, 30 reducing their positions, and 28 closing their positions.
97% more repeat investments, than reductions
Existing positions increased: 59 | Existing positions reduced: 30
0.08% more ownership
Funds ownership: 71.16% → 71.25% (+0.08%)
12% less funds holding
Funds holding: 145 → 127 (-18)
16% less capital invested
Capital invested by funds: $422M → $353M (-$69.3M)
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
57% less first-time investments, than exits
New positions opened: 12 | Existing positions closed: 28
78% less call options, than puts
Call options by funds: $47K | Put options by funds: $217K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Neuberger Berman Group
New York
|
+$5.16M |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
+$3.98M |
| 3 |
BlackRock
New York
|
+$3.05M |
| 4 |
Dimensional Fund Advisors
Austin,
Texas
|
+$1.63M |
| 5 |
RA
Royce & Associates
New York
|
+$1.32M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AE
AMH Equity
Great Neck,
New York
|
-$4.92M |
| 2 |
Millennium Management
New York
|
-$3.83M |
| 3 |
HF
HRT Financial
New York
|
-$1.26M |
| 4 |
Jane Street
New York
|
-$1.06M |
| 5 |
WCM
Westerly Capital Management
San Francisco,
California
|
-$1.03M |
RBBN Hedge Fund Activity: Q2 2023 in Review
127 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in Ribbon Communications (RBBN) for Q2 2023, worth a combined $353M — down 16% from $422M a quarter earlier.
Sellers outnumbered buyers: 28 funds closed out of RBBN and 12 opened new positions — a net loss of 16 holders — while 30 trimmed existing stakes and 59 added.
The largest buyer was Neuberger Berman Group, adding an estimated $5.16M. The largest seller was AMH Equity, exiting entirely with an estimated $4.92M sold.
- 127 institutional investors held Ribbon Communications (RBBN) as of Q2 2023, down from 145 in Q1 2023.
- Funds reported $353M of Ribbon Communications stock for Q2 2023, down 16% quarter-over-quarter.
- 12 funds opened new Ribbon Communications positions in Q2 2023 and 28 closed out, a net change of -16 holders.
- The largest Ribbon Communications buyer in Q2 2023 was Neuberger Berman Group, an estimated $5.16M added.
- The largest Ribbon Communications seller in Q2 2023 was AMH Equity, an estimated $4.92M sold.
Based on aggregated 13F filings for Q2 2023.