Cogent Communications
CCOI
200 hedge funds and large institutions have $1.81B invested in Cogent Communications in 2016 Q4 according to their latest regulatory filings, with 29 funds opening new positions, 65 increasing their positions, 71 reducing their positions, and 16 closing their positions.
165% more call options, than puts
Call options by funds: $2.24M | Put options by funds: $845K
96.35% more ownership
Funds ownership: 0% → 96.35% (+96%)
81% more first-time investments, than exits
New positions opened: 29 | Existing positions closed: 16
11% more capital invested
Capital invested by funds: $1.63B → $1.81B (+$180M)
6% more funds holding
Funds holding: 189 → 200 (+11)
8% less repeat investments, than reductions
Existing positions increased: 65 | Existing positions reduced: 71
20% less funds holding in top 10
Funds holding in top 10: 5 → 4 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
First Trust Advisors
Wheaton,
Illinois
|
+$37.9M |
| 2 |
VOYA Investment Management
Atlanta,
Georgia
|
+$26.4M |
| 3 |
EA
Emerald Advisers
Leola,
Pennsylvania
|
+$15.2M |
| 4 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
+$12.3M |
| 5 |
TG
TCW Group
Los Angeles,
California
|
+$7.47M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$36M |
| 2 |
Capital World Investors
Los Angeles,
California
|
-$20.4M |
| 3 |
RC
Rivulet Capital
Summit,
New Jersey
|
-$19.4M |
| 4 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
-$15.1M |
| 5 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$9.29M |
CCOI Hedge Fund Activity: Q4 2016 in Review
200 of the 4,000 institutional investors tracked by Wall St. Rank reported a position in Cogent Communications (CCOI) for Q4 2016, worth a combined $1.81B — up 11% from $1.63B a quarter earlier.
Buyers outnumbered sellers: 29 funds opened new CCOI positions and 16 closed out — a net gain of 13 holders — while 65 added to existing stakes and 71 trimmed.
The largest buyer was First Trust Advisors, adding an estimated $37.9M. The largest seller was Fidelity Investments, cutting an estimated $36M.
- 200 institutional investors held Cogent Communications (CCOI) as of Q4 2016, up from 189 in Q3 2016.
- Funds reported $1.81B of Cogent Communications stock for Q4 2016, up 11% quarter-over-quarter.
- 29 funds opened new Cogent Communications positions in Q4 2016 and 16 closed out, a net change of +13 holders.
- The largest Cogent Communications buyer in Q4 2016 was First Trust Advisors, an estimated $37.9M added.
- The largest Cogent Communications seller in Q4 2016 was Fidelity Investments, an estimated $36M sold.
Based on aggregated 13F filings for Q4 2016.