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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
AI
101
Axiom Investors
Connecticut
$1.03M +$1.13M +28,950 New
MAM
102
Martingale Asset Management
Massachusetts
$992K -$39.1K -1,001 -3%
SB
103
Suntrust Banks
Georgia
$927K -$2.54M -64,940 -71%
CCM
104
Coe Capital Management
Illinois
$927K +$1.02M +26,078 New
SCA
105
Secor Capital Advisors
New York
$858K +$943K +24,151 New
JP Morgan Chase
106
JP Morgan Chase
New York
$822K -$963K -24,651 -52%
TAM
107
Tocqueville Asset Management
New York
$802K -$967K -24,770 -52%
DCM
108
Driehaus Capital Management
Illinois
$745K +$319K +8,173 +64%
FMT
109
First Mercantile Trust
Tennessee
$735K -$102K -2,600 -11%
RC
110
RBF Capital
California
$711K
PNC Financial Services Group
111
PNC Financial Services Group
Pennsylvania
$559K +$275K +7,036 +81%
Nomura Holdings
112
Nomura Holdings
Japan
$525K +$577K +14,773 New
Principal Financial Group
113
Principal Financial Group
Iowa
$518K -$5.51K -141 -1%
Tudor Investment Corp
114
Tudor Investment Corp
Connecticut
$494K +$543K +13,903 New
Susquehanna International Group
115
Susquehanna International Group
Pennsylvania
$466K -$631K -16,167 -55%
First Trust Advisors
116
First Trust Advisors
Illinois
$406K +$242K +6,193 +119%
Capital Fund Management (CFM)
117
Capital Fund Management (CFM)
France
$399K +$439K +11,232 New
Citigroup
118
Citigroup
New York
$379K -$509K -13,037 -55%
JMPWA
119
JP Morgan Private Wealth Advisors
California
$361K +$397K +10,170 New
QT
120
Quantbot Technologies
New York
$352K +$388K +9,928 New
T. Rowe Price Associates
121
T. Rowe Price Associates
Maryland
$338K
Bank of Montreal
122
Bank of Montreal
Ontario, Canada
$302K
Neuberger Berman Group
123
Neuberger Berman Group
New York
$292K
U
124
UBS
Switzerland
$280K -$181K -4,643 -37%
TAM
125
Telluride Asset Management
Minnesota
$234K +$258K +6,600 New

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.