Cogent Communications
CCOI
249 hedge funds and large institutions have $2.23B invested in Cogent Communications in 2019 Q3 according to their latest regulatory filings, with 35 funds opening new positions, 86 increasing their positions, 78 reducing their positions, and 18 closing their positions.
459% more call options, than puts
Call options by funds: $3.69M | Put options by funds: $661K
94% more first-time investments, than exits
New positions opened: 35 | Existing positions closed: 18
10% more repeat investments, than reductions
Existing positions increased: 86 | Existing positions reduced: 78
7% more funds holding
Funds holding: 233 → 249 (+16)
0% more funds holding in top 10
Funds holding in top 10: 3 → 3 (0)
3.44% less ownership
Funds ownership: 89.82% → 86.38% (-3.4%)
10% less capital invested
Capital invested by funds: $2.47B → $2.23B (-$243M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WRF
Waddell & Reed Financial
Overland Park,
Kansas
|
+$22.3M |
| 2 |
IECM
Intrinsic Edge Capital Management
Chicago,
Illinois
|
+$16.4M |
| 3 |
Millennium Management
New York
|
+$12.2M |
| 4 |
Renaissance Technologies
New York
|
+$11.4M |
| 5 |
HF
HRT Financial
New York
|
+$8.66M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
First Trust Advisors
Wheaton,
Illinois
|
-$95M |
| 2 |
State of New Jersey Common Pension Fund D
Trenton,
New Jersey
|
-$21.4M |
| 3 |
WG
Winton Group
London,
United Kingdom
|
-$16.4M |
| 4 |
Jennison Associates
New York
|
-$16.1M |
| 5 |
Fidelity Investments
Boston,
Massachusetts
|
-$14.9M |
CCOI Hedge Fund Activity: Q3 2019 in Review
249 of the 4,560 institutional investors tracked by Wall St. Rank reported a position in Cogent Communications (CCOI) for Q3 2019, worth a combined $2.23B — down 9.8% from $2.47B a quarter earlier.
Buyers outnumbered sellers: 35 funds opened new CCOI positions and 18 closed out — a net gain of 17 holders — while 86 added to existing stakes and 78 trimmed.
The largest buyer was Waddell & Reed Financial, opening a new position worth an estimated $22.3M. The largest seller was First Trust Advisors, cutting an estimated $95M.
- 249 institutional investors held Cogent Communications (CCOI) as of Q3 2019, up from 233 in Q2 2019.
- Funds reported $2.23B of Cogent Communications stock for Q3 2019, down 9.8% quarter-over-quarter.
- 35 funds opened new Cogent Communications positions in Q3 2019 and 18 closed out, a net change of +17 holders.
- The largest Cogent Communications buyer in Q3 2019 was Waddell & Reed Financial, an estimated $22.3M added.
- The largest Cogent Communications seller in Q3 2019 was First Trust Advisors, an estimated $95M sold.
Based on aggregated 13F filings for Q3 2019.