Cogent Communications
CCOI
189 hedge funds and large institutions have $1.8B invested in Cogent Communications in 2016 Q2 according to their latest regulatory filings, with 26 funds opening new positions, 56 increasing their positions, 78 reducing their positions, and 16 closing their positions.
249% more call options, than puts
Call options by funds: $4.91M | Put options by funds: $1.41M
63% more first-time investments, than exits
New positions opened: 26 | Existing positions closed: 16
5% more funds holding
Funds holding: 180 → 189 (+9)
0% more funds holding in top 10
Funds holding in top 10: 8 → 8 (0)
2% less capital invested
Capital invested by funds: $1.84B → $1.8B (-$35M)
28% less repeat investments, than reductions
Existing positions increased: 56 | Existing positions reduced: 78
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity International
Hamilton,
Bermuda
|
+$24.6M |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
+$15.6M |
| 3 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
+$8.82M |
| 4 |
Loomis, Sayles & Company
Boston,
Massachusetts
|
+$5.8M |
| 5 |
Invesco
Atlanta,
Georgia
|
+$3.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CI
Cambiar Investors
Denver,
Colorado
|
-$28.1M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
-$20.9M |
| 3 |
WHRC
W.H. Reaves & Co
Jersey City,
New Jersey
|
-$15.8M |
| 4 |
RC
Rivulet Capital
Summit,
New Jersey
|
-$13.5M |
| 5 |
FCM
Frontier Capital Management
Boston,
Massachusetts
|
-$10.2M |
CCOI Hedge Fund Activity: Q2 2016 in Review
189 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in Cogent Communications (CCOI) for Q2 2016, worth a combined $1.8B — down 1.9% from $1.84B a quarter earlier.
Buyers outnumbered sellers: 26 funds opened new CCOI positions and 16 closed out — a net gain of 10 holders — while 56 added to existing stakes and 78 trimmed.
The largest buyer was Fidelity International, opening a new position worth an estimated $24.6M. The largest seller was Cambiar Investors, exiting entirely with an estimated $28.1M sold.
- 189 institutional investors held Cogent Communications (CCOI) as of Q2 2016, up from 180 in Q1 2016.
- Funds reported $1.8B of Cogent Communications stock for Q2 2016, down 1.9% quarter-over-quarter.
- 26 funds opened new Cogent Communications positions in Q2 2016 and 16 closed out, a net change of +10 holders.
- The largest Cogent Communications buyer in Q2 2016 was Fidelity International, an estimated $24.6M added.
- The largest Cogent Communications seller in Q2 2016 was Cambiar Investors, an estimated $28.1M sold.
Based on aggregated 13F filings for Q2 2016.