Cincinnati Bell Inc.
CBB
CBB was delisted on the 3rd of September, 2021.
135 hedge funds and large institutions have $593M invested in Cincinnati Bell Inc. in 2018 Q2 according to their latest regulatory filings, with 14 funds opening new positions, 49 increasing their positions, 39 reducing their positions, and 21 closing their positions.
26% more repeat investments, than reductions
Existing positions increased: 49 | Existing positions reduced: 39
21% more capital invested
Capital invested by funds: $489M → $593M (+$104M)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
6% less funds holding
Funds holding: 143 → 135 (-8)
33% less first-time investments, than exits
New positions opened: 14 | Existing positions closed: 21
44% less call options, than puts
Call options by funds: $983K | Put options by funds: $1.77M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AM
Ares Management
Los Angeles,
California
|
+$29.6M |
| 2 |
CS
Credit Suisse
Zurich,
Switzerland
|
+$26.8M |
| 3 |
BlackRock
New York
|
+$6.74M |
| 4 |
D.E. Shaw & Co
New York
|
+$1.89M |
| 5 |
Millennium Management
New York
|
+$1.22M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BC
Brookfield Corp
Toronto,
Ontario, Canada
|
-$28M |
| 2 |
PA
Pinnacle Associates
New York
|
-$23.7M |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
-$16.1M |
| 4 |
1WCM
12 West Capital Management
New York
|
-$8M |
| 5 |
KCM
Kennedy Capital Management
St Louis,
Missouri
|
-$5.1M |
CBB Hedge Fund Activity: Q2 2018 in Review
135 of the 4,368 institutional investors tracked by Wall St. Rank reported a position in Cincinnati Bell Inc. (CBB) for Q2 2018, worth a combined $593M — up 21% from $489M a quarter earlier.
Sellers outnumbered buyers: 21 funds closed out of CBB and 14 opened new positions — a net loss of 7 holders — while 39 trimmed existing stakes and 49 added.
The largest buyer was Ares Management, adding an estimated $29.6M. The largest seller was Brookfield Corp, exiting entirely with an estimated $28M sold.
- 135 institutional investors held Cincinnati Bell Inc. (CBB) as of Q2 2018, down from 143 in Q1 2018.
- Funds reported $593M of Cincinnati Bell Inc. stock for Q2 2018, up 21% quarter-over-quarter.
- 14 funds opened new Cincinnati Bell Inc. positions in Q2 2018 and 21 closed out, a net change of -7 holders.
- The largest Cincinnati Bell Inc. buyer in Q2 2018 was Ares Management, an estimated $29.6M added.
- The largest Cincinnati Bell Inc. seller in Q2 2018 was Brookfield Corp, an estimated $28M sold.
Based on aggregated 13F filings for Q2 2018.