Cogent Communications
CCOI
229 hedge funds and large institutions have $2.29B invested in Cogent Communications in 2019 Q1 according to their latest regulatory filings, with 31 funds opening new positions, 96 increasing their positions, 60 reducing their positions, and 23 closing their positions.
200% more funds holding in top 10
Funds holding in top 10: 1 → 3 (+2)
60% more repeat investments, than reductions
Existing positions increased: 96 | Existing positions reduced: 60
35% more first-time investments, than exits
New positions opened: 31 | Existing positions closed: 23
21% more capital invested
Capital invested by funds: $1.9B → $2.29B (+$392M)
4% more funds holding
Funds holding: 221 → 229 (+8)
7% more call options, than puts
Call options by funds: $5.58M | Put options by funds: $5.23M
0.61% more ownership
Funds ownership: 90.39% → 91% (+0.61%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$18.3M |
| 2 |
Invesco
Atlanta,
Georgia
|
+$13.4M |
| 3 |
Goldman Sachs
New York
|
+$9.31M |
| 4 |
TCM
TimesSquare Capital Management
New York
|
+$9.25M |
| 5 |
Charles Schwab
San Francisco,
California
|
+$8.89M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Brown Advisory
Baltimore,
Maryland
|
-$44.2M |
| 2 |
RIM
Ranger Investment Management
Dallas,
Texas
|
-$17.8M |
| 3 |
Jennison Associates
New York
|
-$15.8M |
| 4 |
Morgan Stanley
New York
|
-$15.2M |
| 5 |
BlackRock
New York
|
-$7.12M |
CCOI Hedge Fund Activity: Q1 2019 in Review
229 of the 4,620 institutional investors tracked by Wall St. Rank reported a position in Cogent Communications (CCOI) for Q1 2019, worth a combined $2.29B — up 21% from $1.9B a quarter earlier.
Buyers outnumbered sellers: 31 funds opened new CCOI positions and 23 closed out — a net gain of 8 holders — while 96 added to existing stakes and 60 trimmed.
The largest buyer was Fidelity Investments, adding an estimated $18.3M. The largest seller was Brown Advisory, cutting an estimated $44.2M.
- 229 institutional investors held Cogent Communications (CCOI) as of Q1 2019, up from 221 in Q4 2018.
- Funds reported $2.29B of Cogent Communications stock for Q1 2019, up 21% quarter-over-quarter.
- 31 funds opened new Cogent Communications positions in Q1 2019 and 23 closed out, a net change of +8 holders.
- The largest Cogent Communications buyer in Q1 2019 was Fidelity Investments, an estimated $18.3M added.
- The largest Cogent Communications seller in Q1 2019 was Brown Advisory, an estimated $44.2M sold.
Based on aggregated 13F filings for Q1 2019.