Cincinnati Bell Inc.
CBB
CBB was delisted on the 3rd of September, 2021.
147 hedge funds and large institutions have $522M invested in Cincinnati Bell Inc. in 2019 Q4 according to their latest regulatory filings, with 24 funds opening new positions, 34 increasing their positions, 59 reducing their positions, and 23 closing their positions.
108% more capital invested
Capital invested by funds: $251M → $522M (+$272M)
100% more funds holding in top 10
Funds holding in top 10: 2 → 4 (+2)
4% more first-time investments, than exits
New positions opened: 24 | Existing positions closed: 23
0% more funds holding
Funds holding: 147 → 147 (0)
42% less repeat investments, than reductions
Existing positions increased: 34 | Existing positions reduced: 59
95% less call options, than puts
Call options by funds: $801K | Put options by funds: $16.3M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LPAM
Legion Partners Asset Management
Los Angeles,
California
|
+$11M |
| 2 |
Barclays
London,
United Kingdom
|
+$6.63M |
| 3 |
Fidelity International
Hamilton,
Bermuda
|
+$4.6M |
| 4 |
GI
GAMCO Investors
Greenwich,
Connecticut
|
+$2.81M |
| 5 |
AA
AQR Arbitrage
Greenwich,
Connecticut
|
+$2.49M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$5.07M |
| 2 |
Morgan Stanley
New York
|
-$4.55M |
| 3 |
PMG
Private Management Group
Irvine,
California
|
-$4.08M |
| 4 |
Millennium Management
New York
|
-$2.8M |
| 5 |
GC
GMT Capital
Atlanta,
Georgia
|
-$2.18M |
CBB Hedge Fund Activity: Q4 2019 in Review
147 of the 5,092 institutional investors tracked by Wall St. Rank reported a position in Cincinnati Bell Inc. (CBB) for Q4 2019, worth a combined $522M — up 108% from $251M a quarter earlier.
Buyers outnumbered sellers: 24 funds opened new CBB positions and 23 closed out — a net gain of 1 holder — while 34 added to existing stakes and 59 trimmed.
The largest buyer was Legion Partners Asset Management, opening a new position worth an estimated $11M. The largest seller was Fidelity Investments, cutting an estimated $5.07M.
- 147 institutional investors held Cincinnati Bell Inc. (CBB) as of Q4 2019, unchanged from Q3 2019.
- Funds reported $522M of Cincinnati Bell Inc. stock for Q4 2019, up 108% quarter-over-quarter.
- 24 funds opened new Cincinnati Bell Inc. positions in Q4 2019 and 23 closed out, a net change of +1 holder.
- The largest Cincinnati Bell Inc. buyer in Q4 2019 was Legion Partners Asset Management, an estimated $11M added.
- The largest Cincinnati Bell Inc. seller in Q4 2019 was Fidelity Investments, an estimated $5.07M sold.
Based on aggregated 13F filings for Q4 2019.