Cincinnati Bell Inc.
CBB
CBB was delisted on the 3rd of September, 2021.
155 hedge funds and large institutions have $750M invested in Cincinnati Bell Inc. in 2020 Q2 according to their latest regulatory filings, with 33 funds opening new positions, 48 increasing their positions, 41 reducing their positions, and 17 closing their positions.
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
94% more first-time investments, than exits
New positions opened: 33 | Existing positions closed: 17
55% more call options, than puts
Call options by funds: $1.99M | Put options by funds: $1.28M
17% more repeat investments, than reductions
Existing positions increased: 48 | Existing positions reduced: 41
12% more funds holding
Funds holding: 139 → 155 (+16)
7% more capital invested
Capital invested by funds: $700M → $750M (+$49.2M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
DAM
DLD Asset Management
New York
|
+$19.2M |
| 2 |
WIC
Water Island Capital
New York
|
+$16.7M |
| 3 |
UOC
UBS O'Connor
Chicago,
Illinois
|
+$16.2M |
| 4 |
Millennium Management
New York
|
+$15.6M |
| 5 |
SCC
Spring Creek Capital
Wichita,
Kansas
|
+$12.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AM
Ares Management
Los Angeles,
California
|
-$69.6M |
| 2 |
CS
Credit Suisse
Zurich,
Switzerland
|
-$21.2M |
| 3 |
BC
Brookfield Corp
Toronto,
Ontario, Canada
|
-$16M |
| 4 |
TAL
TIG Advisors LLC
New York
|
-$5.79M |
| 5 |
GI
GAMCO Investors
Greenwich,
Connecticut
|
-$5.68M |
CBB Hedge Fund Activity: Q2 2020 in Review
155 of the 4,888 institutional investors tracked by Wall St. Rank reported a position in Cincinnati Bell Inc. (CBB) for Q2 2020, worth a combined $750M — up 7% from $700M a quarter earlier.
Buyers outnumbered sellers: 33 funds opened new CBB positions and 17 closed out — a net gain of 16 holders — while 48 added to existing stakes and 41 trimmed.
The largest buyer was DLD Asset Management, adding an estimated $19.2M. The largest seller was Ares Management, exiting entirely with an estimated $69.6M sold.
- 155 institutional investors held Cincinnati Bell Inc. (CBB) as of Q2 2020, up from 139 in Q1 2020.
- Funds reported $750M of Cincinnati Bell Inc. stock for Q2 2020, up 7% quarter-over-quarter.
- 33 funds opened new Cincinnati Bell Inc. positions in Q2 2020 and 17 closed out, a net change of +16 holders.
- The largest Cincinnati Bell Inc. buyer in Q2 2020 was DLD Asset Management, an estimated $19.2M added.
- The largest Cincinnati Bell Inc. seller in Q2 2020 was Ares Management, an estimated $69.6M sold.
Based on aggregated 13F filings for Q2 2020.