Cincinnati Bell Inc.
CBB
CBB was delisted on the 3rd of September, 2021.
131 hedge funds and large institutions have $369M invested in Cincinnati Bell Inc. in 2018 Q4 according to their latest regulatory filings, with 16 funds opening new positions, 51 increasing their positions, 42 reducing their positions, and 23 closing their positions.
21% more repeat investments, than reductions
Existing positions increased: 51 | Existing positions reduced: 42
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
5% less funds holding
Funds holding: 138 → 131 (-7)
30% less first-time investments, than exits
New positions opened: 16 | Existing positions closed: 23
50% less capital invested
Capital invested by funds: $732M → $369M (-$363M)
69% less call options, than puts
Call options by funds: $444K | Put options by funds: $1.45M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AM
Ares Management
Los Angeles,
California
|
+$25.6M |
| 2 |
RCM
Raging Capital Management
Rocky Hill,
New Jersey
|
+$11.5M |
| 3 |
PMG
Private Management Group
Irvine,
California
|
+$3.54M |
| 4 |
Dimensional Fund Advisors
Austin,
Texas
|
+$1.5M |
| 5 |
Citadel Advisors
Miami,
Florida
|
+$1.42M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
William Blair Investment Management
Chicago,
Illinois
|
-$12.7M |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
-$7.95M |
| 3 |
Morgan Stanley
New York
|
-$3.3M |
| 4 |
JP Morgan Chase
New York
|
-$2.97M |
| 5 |
Norges Bank
Oslo,
Norway
|
-$2.08M |
CBB Hedge Fund Activity: Q4 2018 in Review
131 of the 4,488 institutional investors tracked by Wall St. Rank reported a position in Cincinnati Bell Inc. (CBB) for Q4 2018, worth a combined $369M — down 50% from $732M a quarter earlier.
Sellers outnumbered buyers: 23 funds closed out of CBB and 16 opened new positions — a net loss of 7 holders — while 42 trimmed existing stakes and 51 added.
The largest buyer was Ares Management, adding an estimated $25.6M. The largest seller was William Blair Investment Management, exiting entirely with an estimated $12.7M sold.
- 131 institutional investors held Cincinnati Bell Inc. (CBB) as of Q4 2018, down from 138 in Q3 2018.
- Funds reported $369M of Cincinnati Bell Inc. stock for Q4 2018, down 50% quarter-over-quarter.
- 16 funds opened new Cincinnati Bell Inc. positions in Q4 2018 and 23 closed out, a net change of -7 holders.
- The largest Cincinnati Bell Inc. buyer in Q4 2018 was Ares Management, an estimated $25.6M added.
- The largest Cincinnati Bell Inc. seller in Q4 2018 was William Blair Investment Management, an estimated $12.7M sold.
Based on aggregated 13F filings for Q4 2018.