Ribbon Communications
RBBN
122 hedge funds and large institutions have $341M invested in Ribbon Communications in 2023 Q3 according to their latest regulatory filings, with 11 funds opening new positions, 44 increasing their positions, 45 reducing their positions, and 14 closing their positions.
0.23% less ownership
Funds ownership: 71.25% → 71.02% (-0.23%)
2% less repeat investments, than reductions
Existing positions increased: 44 | Existing positions reduced: 45
3% less capital invested
Capital invested by funds: $353M → $341M (-$12M)
4% less funds holding
Funds holding: 127 → 122 (-5)
21% less first-time investments, than exits
New positions opened: 11 | Existing positions closed: 14
67% less call options, than puts
Call options by funds: $44K | Put options by funds: $133K
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Neuberger Berman Group
New York
|
+$4.01M |
| 2 |
RA
Royce & Associates
New York
|
+$1.63M |
| 3 |
PCMI
Paradigm Capital Management Inc
Albany,
New York
|
+$1.39M |
| 4 |
Dimensional Fund Advisors
Austin,
Texas
|
+$1.08M |
| 5 |
Victory Capital Management
San Antonio,
Texas
|
+$622K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PCM
Penserra Capital Management
Orinda,
California
|
-$3.08M |
| 2 |
Jacobs Levy Equity Management
Florham Park,
New Jersey
|
-$802K |
| 3 |
Acadian Asset Management
Boston,
Massachusetts
|
-$800K |
| 4 |
D.E. Shaw & Co
New York
|
-$518K |
| 5 |
Citadel Advisors
Miami,
Florida
|
-$518K |
RBBN Hedge Fund Activity: Q3 2023 in Review
122 of the 6,301 institutional investors tracked by Wall St. Rank reported a position in Ribbon Communications (RBBN) for Q3 2023, worth a combined $341M — down 3.4% from $353M a quarter earlier.
Sellers outnumbered buyers: 14 funds closed out of RBBN and 11 opened new positions — a net loss of 3 holders — while 45 trimmed existing stakes and 44 added.
The largest buyer was Neuberger Berman Group, adding an estimated $4.01M. The largest seller was Penserra Capital Management, exiting entirely with an estimated $3.08M sold.
- 122 institutional investors held Ribbon Communications (RBBN) as of Q3 2023, down from 127 in Q2 2023.
- Funds reported $341M of Ribbon Communications stock for Q3 2023, down 3.4% quarter-over-quarter.
- 11 funds opened new Ribbon Communications positions in Q3 2023 and 14 closed out, a net change of -3 holders.
- The largest Ribbon Communications buyer in Q3 2023 was Neuberger Berman Group, an estimated $4.01M added.
- The largest Ribbon Communications seller in Q3 2023 was Penserra Capital Management, an estimated $3.08M sold.
Based on aggregated 13F filings for Q3 2023.