Cogent Communications
CCOI
214 hedge funds and large institutions have $2.41B invested in Cogent Communications in 2018 Q3 according to their latest regulatory filings, with 26 funds opening new positions, 91 increasing their positions, 59 reducing their positions, and 12 closing their positions.
117% more first-time investments, than exits
New positions opened: 26 | Existing positions closed: 12
54% more repeat investments, than reductions
Existing positions increased: 91 | Existing positions reduced: 59
6% more capital invested
Capital invested by funds: $2.27B → $2.41B (+$144M)
6% more funds holding
Funds holding: 202 → 214 (+12)
1.33% more ownership
Funds ownership: 91.63% → 92.96% (+1.3%)
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
50% less call options, than puts
Call options by funds: $3.56M | Put options by funds: $7.12M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$23M |
| 2 |
BlackRock
New York
|
+$12.5M |
| 3 |
First Trust Advisors
Wheaton,
Illinois
|
+$9.41M |
| 4 |
Federated Hermes
Pittsburgh,
Pennsylvania
|
+$8.68M |
| 5 |
MNBTD
Moody National Bank Trust Division
Galveston,
Texas
|
+$6.43M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Brown Advisory
Baltimore,
Maryland
|
-$12.1M |
| 2 |
FCM
Frontier Capital Management
Boston,
Massachusetts
|
-$12M |
| 3 |
Two Sigma Investments
New York
|
-$10.7M |
| 4 |
Canada Life
Winnipeg,
Manitoba, Canada
|
-$8.87M |
| 5 |
Fidelity Investments
Boston,
Massachusetts
|
-$7.83M |
CCOI Hedge Fund Activity: Q3 2018 in Review
214 of the 4,374 institutional investors tracked by Wall St. Rank reported a position in Cogent Communications (CCOI) for Q3 2018, worth a combined $2.41B — up 6.4% from $2.27B a quarter earlier.
Buyers outnumbered sellers: 26 funds opened new CCOI positions and 12 closed out — a net gain of 14 holders — while 91 added to existing stakes and 59 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $23M. The largest seller was Brown Advisory, cutting an estimated $12.1M.
- 214 institutional investors held Cogent Communications (CCOI) as of Q3 2018, up from 202 in Q2 2018.
- Funds reported $2.41B of Cogent Communications stock for Q3 2018, up 6.4% quarter-over-quarter.
- 26 funds opened new Cogent Communications positions in Q3 2018 and 12 closed out, a net change of +14 holders.
- The largest Cogent Communications buyer in Q3 2018 was Morgan Stanley, an estimated $23M added.
- The largest Cogent Communications seller in Q3 2018 was Brown Advisory, an estimated $12.1M sold.
Based on aggregated 13F filings for Q3 2018.