Cogent Communications
CCOI
146 hedge funds and large institutions have $1.44B invested in Cogent Communications in 2014 Q3 according to their latest regulatory filings, with 17 funds opening new positions, 48 increasing their positions, 60 reducing their positions, and 32 closing their positions.
100% more funds holding in top 10
Funds holding in top 10: 2 → 4 (+2)
41% more call options, than puts
Call options by funds: $862K | Put options by funds: $613K
1% more capital invested
Capital invested by funds: $1.42B → $1.44B (+$19.5M)
10% less funds holding
Funds holding: 163 → 146 (-17)
20% less repeat investments, than reductions
Existing positions increased: 48 | Existing positions reduced: 60
47% less first-time investments, than exits
New positions opened: 17 | Existing positions closed: 32
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ACM
Archer Capital Management
New York
|
+$41.2M |
| 2 |
TCM
TimesSquare Capital Management
New York
|
+$39.4M |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
+$32M |
| 4 |
HCCM
Herring Creek Capital Management
Stamford,
Connecticut
|
+$20.6M |
| 5 |
State of New Jersey Common Pension Fund D
Trenton,
New Jersey
|
+$12.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JCAM
Jericho Capital Asset Management
New York
|
-$20.1M |
| 2 |
Point72 Asset Management
Stamford,
Connecticut
|
-$20M |
| 3 |
Capital Research Global Investors
Los Angeles,
California
|
-$19M |
| 4 |
Norges Bank
Oslo,
Norway
|
-$16.7M |
| 5 |
EC
EMS Capital
New York
|
-$10.4M |
CCOI Hedge Fund Activity: Q3 2014 in Review
146 of the 3,447 institutional investors tracked by Wall St. Rank reported a position in Cogent Communications (CCOI) for Q3 2014, worth a combined $1.44B — up 1.4% from $1.42B a quarter earlier.
Sellers outnumbered buyers: 32 funds closed out of CCOI and 17 opened new positions — a net loss of 15 holders — while 60 trimmed existing stakes and 48 added.
The largest buyer was Archer Capital Management, opening a new position worth an estimated $41.2M. The largest seller was Jericho Capital Asset Management, cutting an estimated $20.1M.
- 146 institutional investors held Cogent Communications (CCOI) as of Q3 2014, down from 163 in Q2 2014.
- Funds reported $1.44B of Cogent Communications stock for Q3 2014, up 1.4% quarter-over-quarter.
- 17 funds opened new Cogent Communications positions in Q3 2014 and 32 closed out, a net change of -15 holders.
- The largest Cogent Communications buyer in Q3 2014 was Archer Capital Management, an estimated $41.2M added.
- The largest Cogent Communications seller in Q3 2014 was Jericho Capital Asset Management, an estimated $20.1M sold.
Based on aggregated 13F filings for Q3 2014.