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Cogent Communications

153 hedge funds and large institutions have $1.5B invested in Cogent Communications in 2014 Q1 according to their latest regulatory filings, with 43 funds opening new positions, 50 increasing their positions, 46 reducing their positions, and 24 closing their positions.

New
Increased
Maintained
Reduced
Closed

79% more first-time investments, than exits

New positions opened: 43 | Existing positions closed: 24

69% more call options, than puts

Call options by funds: $1.61M | Put options by funds: $949K

13% more funds holding

Funds holding: 136153 (+17)

9% more repeat investments, than reductions

Existing positions increased: 50 | Existing positions reduced: 46

12% less capital invested

Capital invested by funds: $1.7B → $1.5B (-$198M)

29% less funds holding in top 10

Funds holding in top 10: 75 (-2)

Holders
153
Holders Change
+17
Holders Change %
+12.5%
% of All Funds
4.42%
Holding in Top 10
5
Holding in Top 10 Change
-2
Holding in Top 10 Change %
-28.57%
% of All Funds
0.14%
New
43
Increased
50
Reduced
46
Closed
24
Calls
$1.61M
Puts
$949K
Net Calls
+$659K
Net Calls Change
+$739K
Name Holding Trade Value Shares
Change
Change in
Stake
Two Sigma Advisers
51
Two Sigma Advisers
New York
$4.06M +$352K +9,000 +9%
Jane Street
52
Jane Street
New York
$4.05M +$4.46M +114,073 New
PCA
53
Personal Capital Advisors
California
$3.61M +$930K +23,810 +31%
William Blair & Company
54
William Blair & Company
Illinois
$3.59M -$195K -5,000 -5%
California Public Employees Retirement System
55
California Public Employees Retirement System
California
$3.5M -$129K -3,300 -3%
STC
56
SEI Trust Company
Pennsylvania
$3.47M -$5.67M -145,132 -60%
AllianceBernstein
57
AllianceBernstein
Tennessee
$3.43M -$85.9K -2,200 -2%
California State Teachers Retirement System (CalSTRS)
58
California State Teachers Retirement System (CalSTRS)
California
$3.05M +$15.6K +400 +0.5%
CII
59
CR Intrinsic Investors
Connecticut
$2.84M +$3.12M +80,000 New
MAA
60
Managed Account Advisors
New Jersey
$2.82M -$599K -15,344 -16%
SCA
61
SAC Capital Advisors
Connecticut
$2.74M +$1.33M +34,106 +80%
BCM
62
BBT Capital Management
Texas
$2.69M +$2.96M +75,850 New
CCIA
63
Campbell & Co Investment Adviser
Maryland
$2.67M +$2.94M +75,202 New
TCM
64
TriOaks Capital Management
New York
$2.6M +$2.86M +73,200 New
Bank of America
65
Bank of America
North Carolina
$2.57M +$683K +17,481 +32%
TA
66
Teachers Advisors
New York
$2.45M +$39.1K +1,000 +1%
PCM
67
Portolan Capital Management
Massachusetts
$2.38M +$2.62M +67,081 New
Invesco
68
Invesco
Georgia
$2.36M -$2.06M -52,698 -44%
Axa
69
Axa
France
$2.24M +$2.47M +63,125 New
NFGCM
70
Norman Fields Gottscho Capital Management
New York
$2.23M -$156K -4,000 -6%
Mackenzie Financial
71
Mackenzie Financial
Ontario, Canada
$2.19M +$89.8K +2,300 +4%
WSA
72
Wall Street Associates
California
$2.11M
RhumbLine Advisers
73
RhumbLine Advisers
Massachusetts
$2M -$100K -2,560 -4%
UM
74
Ulysses Management
New York
$1.95M +$2.15M +55,000 New
Morgan Stanley
75
Morgan Stanley
New York
$1.85M -$491K -12,582 -19%

CCOI Hedge Fund Activity: Q1 2014 in Review

153 of the 3,462 institutional investors tracked by Wall St. Rank reported a position in Cogent Communications (CCOI) for Q1 2014, worth a combined $1.5B — down 12% from $1.7B a quarter earlier.

Buyers outnumbered sellers: 43 funds opened new CCOI positions and 24 closed out — a net gain of 19 holders — while 50 added to existing stakes and 46 trimmed.

The largest buyer was State of New Jersey Common Pension Fund A, opening a new position worth an estimated $28.1M. The largest seller was Fred Alger Management, cutting an estimated $50.8M.

  • 153 institutional investors held Cogent Communications (CCOI) as of Q1 2014, up from 136 in Q4 2013.
  • Funds reported $1.5B of Cogent Communications stock for Q1 2014, down 12% quarter-over-quarter.
  • 43 funds opened new Cogent Communications positions in Q1 2014 and 24 closed out, a net change of +19 holders.
  • The largest Cogent Communications buyer in Q1 2014 was State of New Jersey Common Pension Fund A, an estimated $28.1M added.
  • The largest Cogent Communications seller in Q1 2014 was Fred Alger Management, an estimated $50.8M sold.

Based on aggregated 13F filings for Q1 2014.