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Cogent Communications

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.

New
Increased
Maintained
Reduced
Closed

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: 180189 (+9)

0% more funds holding in top 10

Funds holding in top 10: 88 (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

Holders
189
Holders Change
+9
Holders Change %
+5%
% of All Funds
5.04%
Holding in Top 10
8
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.21%
New
26
Increased
56
Reduced
78
Closed
16
Calls
$4.91M
Puts
$1.41M
Net Calls
+$3.51M
Net Calls Change
-$1.11M
Name Holding Trade Value Shares
Change
Change in
Stake
USAA
76
United Services Automobile Association
Texas
$2.27M -$7.17M -182,780 -76%
WHRC
77
W.H. Reaves & Co
New Jersey
$2.21M -$15.8M -403,079 -88%
Stifel Financial
78
Stifel Financial
Missouri
$2.11M -$323K -8,231 -14%
New York State Common Retirement Fund
79
New York State Common Retirement Fund
New York
$1.98M +$115K +2,935 +6%
New York State Teachers Retirement System (NYSTRS)
80
New York State Teachers Retirement System (NYSTRS)
New York
$1.83M
EGM
81
Engineers Gate Manager
New York
$1.72M +$1.44M +36,588 +576%
BBHC
82
Brown Brothers Harriman & Co
New York
$1.7M
GC
83
Guggenheim Capital
Illinois
$1.63M -$192K -4,885 -11%
Mackenzie Financial
84
Mackenzie Financial
Ontario, Canada
$1.54M -$718K -18,300 -32%
PMAM
85
Picton Mahoney Asset Management
Ontario, Canada
$1.51M -$19.6K -500 -1%
CIP
86
Convergence Investment Partners
Florida
$1.51M +$378K +9,630 +34%
Comerica Bank
87
Comerica Bank
Texas
$1.51M -$25.7K -656 -2%
N
88
Nuveen
North Carolina
$1.5M +$48.4K +1,234 +3%
EA
89
Emerald Acquisition
Washington
$1.45M +$1.42M +36,074 New
SEI Investments
90
SEI Investments
Pennsylvania
$1.37M -$2.35K -60 -0.2%
OC
91
Oppenheimer & Co
New York
$1.36M +$5.89K +150 +0.4%
AP
92
AHL Partners
United Kingdom
$1.35M -$116K -2,951 -8%
MPAM
93
Monarch Partners Asset Management
Massachusetts
$1.32M -$657K -16,740 -34%
State of Tennessee, Department of Treasury
94
State of Tennessee, Department of Treasury
Tennessee
$1.32M
MLICM
95
Metropolitan Life Insurance Company (MetLife)
New York
$1.29M -$13.3K -338 -1%
State Board of Administration of Florida Retirement System
96
State Board of Administration of Florida Retirement System
Florida
$1.28M -$385K -9,806 -23%
TPSF
97
Texas Permanent School Fund
Texas
$1.26M -$55.7K -1,420 -4%
AIG
98
American International Group
New York
$1.24M -$119K -3,041 -9%
Wells Fargo
99
Wells Fargo
California
$1.24M +$235K +5,976 +24%
Public Sector Pension Investment Board (PSP Investments)
100
Public Sector Pension Investment Board (PSP Investments)
Quebec, Canada
$1.15M

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.