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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
RJA
76
Raymond James & Associates
Florida
$1.82M +$63.1K +1,616 +3%
GH
77
GAM Holding
Switzerland
$1.81M +$1.99M +50,900 New
BPGAM
78
BTG Pactual Global Asset Management
Bermuda
$1.78M +$1.95M +50,000 New
Swiss National Bank
79
Swiss National Bank
Switzerland
$1.76M +$445K +11,400 +30%
PRC
80
Platte River Capital
Colorado
$1.71M +$378K +9,680 +25%
ProShare Advisors
81
ProShare Advisors
Maryland
$1.7M +$1.87M +47,803 New
LI
82
LMCG Investments
Massachusetts
$1.68M +$1.84M +47,227 New
BG
83
BlackRock Group
United Kingdom
$1.68M +$227K +5,810 +14%
Goldman Sachs
84
Goldman Sachs
New York
$1.61M +$710K +18,189 +67%
State Board of Administration of Florida Retirement System
85
State Board of Administration of Florida Retirement System
Florida
$1.59M -$220K -5,633 -11%
AQR Capital Management
86
AQR Capital Management
Connecticut
$1.48M +$316K +8,100 +24%
ARTA
87
A.R.T. Advisors
New York
$1.43M +$1.57M +40,204 New
PPA
88
Parametric Portfolio Associates
Washington
$1.42M +$50.7K +1,298 +3%
BFS
89
Bradley Foster & Sargent
Connecticut
$1.37M -$173K -4,440 -10%
MLICM
90
Metropolitan Life Insurance Company (MetLife)
New York
$1.37M
D.E. Shaw & Co
91
D.E. Shaw & Co
New York
$1.36M +$121K +3,090 +9%
NFA
92
Nationwide Fund Advisors
Ohio
$1.29M -$923K -23,625 -39%
Deutsche Bank
93
Deutsche Bank
Germany
$1.23M +$496K +12,689 +58%
AIG
94
American International Group
New York
$1.14M +$30.1K +771 +2%
BA
95
BlackRock Advisors
Delaware
$1.14M +$56.8K +1,454 +5%
NJBEST
96
New Jersey Better Educational Savings Trust
New Jersey
$1.14M +$1.25M +32,000 New
RFC
97
Regions Financial Corp
Alabama
$1.14M +$740K +18,939 +146%
NA
98
Navellier & Associates
Nevada
$1.13M +$1.24M +31,697 New
VOYA Investment Management
99
VOYA Investment Management
Georgia
$1.09M
PMAM
100
Picton Mahoney Asset Management
Ontario, Canada
$1.04M -$414K -10,600 -27%

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.