Cogent Communications
CCOI
206 hedge funds and large institutions have $1.99B invested in Cogent Communications in 2017 Q4 according to their latest regulatory filings, with 42 funds opening new positions, 71 increasing their positions, 63 reducing their positions, and 23 closing their positions.
83% more first-time investments, than exits
New positions opened: 42 | Existing positions closed: 23
42% more call options, than puts
Call options by funds: $8.79M | Put options by funds: $6.18M
13% more repeat investments, than reductions
Existing positions increased: 71 | Existing positions reduced: 63
10% more funds holding
Funds holding: 187 → 206 (+19)
1.03% less ownership
Funds ownership: 96.68% → 95.65% (-1%)
8% less capital invested
Capital invested by funds: $2.17B → $1.99B (-$182M)
33% less funds holding in top 10
Funds holding in top 10: 3 → 2 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Invesco
Atlanta,
Georgia
|
+$49.7M |
| 2 |
Renaissance Technologies
New York
|
+$16.9M |
| 3 |
FWIA
Fort Washington Investment Advisors
Cincinnati,
Ohio
|
+$16M |
| 4 |
First Trust Advisors
Wheaton,
Illinois
|
+$9.81M |
| 5 |
State of New Jersey Common Pension Fund D
Trenton,
New Jersey
|
+$9.53M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RRAM
River Road Asset Management
Louisville,
Kentucky
|
-$33.9M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
-$26.1M |
| 3 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
-$16.6M |
| 4 |
SAM
Sentinel Asset Management
Montpelier,
Vermont
|
-$15M |
| 5 |
AC
Asturias Capital
New York
|
-$10.7M |
CCOI Hedge Fund Activity: Q4 2017 in Review
206 of the 4,409 institutional investors tracked by Wall St. Rank reported a position in Cogent Communications (CCOI) for Q4 2017, worth a combined $1.99B — down 8.4% from $2.17B a quarter earlier.
Buyers outnumbered sellers: 42 funds opened new CCOI positions and 23 closed out — a net gain of 19 holders — while 71 added to existing stakes and 63 trimmed.
The largest buyer was Invesco, adding an estimated $49.7M. The largest seller was River Road Asset Management, exiting entirely with an estimated $33.9M sold.
- 206 institutional investors held Cogent Communications (CCOI) as of Q4 2017, up from 187 in Q3 2017.
- Funds reported $1.99B of Cogent Communications stock for Q4 2017, down 8.4% quarter-over-quarter.
- 42 funds opened new Cogent Communications positions in Q4 2017 and 23 closed out, a net change of +19 holders.
- The largest Cogent Communications buyer in Q4 2017 was Invesco, an estimated $49.7M added.
- The largest Cogent Communications seller in Q4 2017 was River Road Asset Management, an estimated $33.9M sold.
Based on aggregated 13F filings for Q4 2017.