Adtran Holdings Inc (ADTN) Hedge Fund Ownership (Q2 2026)

Adtran Holdings Inc (ADTN)

248 + Investors. Track Smart Money conviction in ADTN. See who's accumulating, reducing, or initiating positions.

Smart Money Signals — ADTN

Based on 249 hedge funds · latest filing: 2026 Q2 · updated quarterly

📈

Buying streak — 2 quarters in a row

last 6Q

For 2 consecutive quarters, more hedge funds added ADTN than sold it. That's a consistent pattern of professional buying — not a one-time trade. When institutions keep buying quarter after quarter, it usually means they see a multi-year opportunity, not just a short-term momentum flip.

🏔️

At the ownership peak (100% of max)

100% of all-time peak

249 hedge funds hold ADTN right now — the highest count in 3.0 years. When ownership is this concentrated, any bad news can trigger a chain reaction: one big fund sells, others follow. This is a classic 'crowded trade' — high popularity doesn't equal safety.

🚀

Fast accumulation — +28% more funds vs a year ago

fund count last 6Q

+54 new funds entered over the past year (+28% YoY). That's a rapid rush of institutional money. Fast accumulation often signals a major thesis — but it also means the stock could fall quickly if that thesis breaks.

🟡

Slight buying edge — 58% buying

149 buying109 selling

Last quarter: 149 funds bought or added vs 109 that reduced or exited. It's nearly a 50/50 split — some institutions are convinced, others are taking profits. This mixed picture is normal near price highs.

📈

More new buyers each quarter (+7 vs last Q)

new funds entering per quarter

Funds opening a new ADTN position: 48 → 27 → 49 → 56. A growing influx of new institutional buyers means the asset is still gathering momentum — the consensus hasn't fully saturated yet.

🔒

59% of holders stayed for 2+ years

■ 59% conviction (2yr+) ■ 16% medium ■ 25% new

146 out of 249 hedge funds have held ADTN for over 2 years without selling. Long-term investors are generally harder to shake out during market stress, creating a stable ownership base that limits the risk of sudden capitulation.

💰

Value +32% but shares only +11% — price-driven

Value

+31%

+11%

Last quarter: the total dollar value of institutional holdings rose +32%, but actual share count only changed +11%. The gap is explained by the stock's price rising — not new buying. Strong value growth with weak share growth means the rally is price momentum, not fresh institutional demand.

📈

Growing discovery — still being found

29 → 48 → 27 → 49 → 56 new funds/Q

New funds entering each quarter: 48 → 27 → 49 → 56. A growing number of institutions are discovering ADTN each quarter. The narrative is still spreading — leaving room for ongoing capital accumulation.

🏛️

Veteran-anchored — 65% veterans vs 23% newcomers

■ 65% veterans ■ 11% 1-2yr ■ 23% new

Entry-cohort mix of 255 holders: 167 (65%) are 2+ year veterans, 29 entered 1–2 years ago, and 59 (23%) joined within the past year. A veteran-weighted cap table skews toward institutional memory over fresh momentum.

🏆

Elite ownership — 51% AUM from top-100 funds

51% from top-100 AUM funds

50 of 249 holders are among the 100 largest funds by AUM, controlling 51% of total institutional value in ADTN. When the biggest players dominate the cap table, it signifies deep institutional support — since mega-funds deploy the most rigorous due diligence and capital.

3.9

out of 10

Low Exit Risk

Exit risk score 3.9/10 — low institutional crowding. Ownership is below peak levels, holder base is relatively sticky, and buying momentum is positive.

Methodology note: these Smart Money cards use consecutive 13F disclosure snapshots, not trade-by-trade execution data. "Buying", "selling", "new holders", and "trimmed" refer to quarter-over-quarter changes in reported holders, aggregate shares, or disclosed position values between filings. They are useful for ownership regime analysis and crowding, but they do not imply exact trade timing on the filing date.

Metric	All 13F Filers (2026 Q2)	Prior (2026 Q1)	Change
Funds Holding	248	227	9.25%
13F Shares	86M	77M	11.3%
Total Value	$1.25B	$947M	31.59%
New Positions	56	49	+7
Increased Positions	91	85	+6
Closed Positions	35	35	-
Reduced Positions	74	63	+11
Total Calls	3	2	50.0%
Total Puts	2	3	-33.33%
PUT/CALL Ratio	0.67	1.5	Bullish

Metric

All 13F Filers (2026 Q2)

Prior (2026 Q1)

Change

Funds Holding

248

227

9.25%

13F Shares

86M

77M

11.3%

Total Value

$1.25B

$947M

31.59%

New Positions

Increased Positions

Closed Positions

Reduced Positions

+11

Total Calls

50.0%

Total Puts

-33.33%

PUT/CALL Ratio

0.67

1.5

Bullish

Institutional Holders (2026 Q2)

248 + investors

Explore institutional interest and hedge fund ownership dynamics. Analyze portfolio weights, new positions, and conviction trends in ADTN. Verified SEC 13F-HR filings.

QUARTER:

FILTER:All New Added To Reduced No Change | Overweight >5%

Top 25 ADTN holders by conviction (% of portfolio weight) — 2026 Q2 · Source: SEC Form 13F
#	Investor	% of Portfolio	Shares	Mkt Value
1	Divisar Capital Management LLC	2.73%	851,526	$11.8M
2	1492 Capital Management LLC	2.35%	573,128	$8.0M
3	Tieton Capital Management, LLC	2.28%	570,542	$7.9M
4	Gratia Capital, LLC	2.11%	250,492	$3.5M
5	Westerly Capital Management, LLC	1.28%	500,000	$7.0M
6	Worth Venture Partners, LLC	0.94%	30,081	$418K
7	White Pine Capital LLC	0.92%	279,072	$3.9M
8	Teza Capital Management LLC	0.73%	27,209	$378K
9	Counterpoint Mutual Funds LLC	0.73%	529,866	$7.4M
10	Koesten, Hirschmann & Crabtree, INC.	0.49%	84,854	$1.2M
11	Heartland Advisors Inc	0.46%	750,000	$10.4M
12	Kovack Advisors, Inc.	0.46%	696,210	$9.5M
13	HERALD INVESTMENT MANAGEMENT Ltd	0.38%	200,000	$2.8M
14	Lisanti Capital Growth, LLC	0.35%	115,625	$1.6M
15	Royce & Associates LP	0.33%	2,972,917	$41.3M
16	Kerrisdale Advisers, LLC	0.25%	70,519	$980K
17	Bienville Capital Management, LLC	0.24%	127,247	$1.8M
18	Globeflex Capital L P	0.24%	132,526	$1.8M
19	nVerses Capital, LLC	0.23%	10,952	$152K
20	Hennessy Advisors Inc	0.23%	526,300	$7.3M
21	Titan Global Capital Management USA LLC	0.22%	123,465	$1.7M
22	Integrated Quantitative Investments LLC	0.21%	92,997	$1.3M
23	Dynamic Technology Lab Private Ltd	0.20%	64,278	$893K
24	Bayforest Capital Ltd	0.20%	15,181	$211K
25	Needham Investment Management LLC	0.19%	450,000	$6.3M

Investor	Ownership History	% of Portfolio	Prev %	Rank	Conviction	Avg Buy Price	13F Score™ 3Y / 7Y	Sell Timing	Shares	Mkt Value	Change	Change %	Source	Quarter	Filed

Frequently Asked Questions — Adtran Holdings Inc (ADTN)

What does the Smart Money Trend signal show for ADTN?

Buying streak — 2 quarters in a row: For 2 consecutive quarters, more hedge funds added ADTN than sold it. That's a consistent pattern of professional buying — not a one-time trade. When institutions keep buying quarter after quarter, it usually means they see a multi-year opportunity, not just a short-term momentum flip.

What is the institutional breadth score for ADTN?

Slight buying edge — 58% buying: Last quarter: 149 funds bought or added vs 109 that reduced or exited. It's nearly a 50/50 split — some institutions are convinced, others are taking profits. This mixed picture is normal near price highs.

What is the fund quality score for ADTN holders?

Elite ownership — 51% AUM from top-100 funds: 50 of 249 holders are among the 100 largest funds by AUM, controlling 51% of total institutional value in ADTN. When the biggest players dominate the cap table, it signifies deep institutional support — since mega-funds deploy the most rigorous due diligence and capital.

How long have hedge funds held ADTN?

59% of holders stayed for 2+ years: 146 out of 249 hedge funds have held ADTN for over 2 years without selling. Long-term investors are generally harder to shake out during market stress, creating a stable ownership base that limits the risk of sudden capitulation.

Where does this institutional ownership data come from?

All holdings data is sourced from SEC Form 13F filings, which institutional investment managers with over $100 million in assets are required to submit quarterly. Data is parsed directly from SEC EDGAR.

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Adtran Holdings Inc (ADTN)

Smart Money Signals — ADTN

Buying streak — 2 quarters in a row

At the ownership peak (100% of max)

Fast accumulation — +28% more funds vs a year ago

Slight buying edge — 58% buying

More new buyers each quarter (+7 vs last Q)

59% of holders stayed for 2+ years

Value +32% but shares only +11% — price-driven

Growing discovery — still being found

Veteran-anchored — 65% veterans vs 23% newcomers

Elite ownership — 51% AUM from top-100 funds

Institutional Sentiment Summary — ADTN

Hedge Fund Ownership: ADTN

Market Analysis: ADTN

Analyst Price Targets

Analyst Recommendations

Stock Performance

Company Profile: ADTN

Hedge Fund Positioning: ADTN

Statistics: ADTN

Valuation Measures Data as of: --

Financial Highlights

Institutional Holders (2026 Q2)

Frequently Asked Questions — Adtran Holdings Inc (ADTN)

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