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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
Manulife (Manufacturers Life Insurance)
151
Manulife (Manufacturers Life Insurance)
Ontario, Canada
$1.27K -$2.42K -62 -0.2%
FNBT
152
FineMark National Bank & Trust
Florida
$1K +$1.6K +41 New
EAM
153
Eagle Asset Management
Florida
-$20.6M -510,918 Closed
CAM
154
Contour Asset Management
New York
-$20.4M -503,717 Closed
RCP
155
RIT Capital Partners
United Kingdom
-$17.6M -435,000 Closed
CAM
156
Cortina Asset Management
Wisconsin
-$15.1M -373,710 Closed
PCM
157
Penn Capital Management
Pennsylvania
-$13.5M -335,084 Closed
SCM
158
Sigma Capital Management
Connecticut
-$4.85M -120,000 Closed
Franklin Resources
159
Franklin Resources
California
-$3.95M -97,736 Closed
PI
160
Putnam Investments
Massachusetts
-$3.95M -97,728 Closed
New York State Common Retirement Fund
161
New York State Common Retirement Fund
New York
-$3.77M -93,378 Closed
CIP
162
Centerline Investment Partners
New York
-$2.77M -68,500 Closed
Ohio Public Employees Retirement System (OPERS)
163
Ohio Public Employees Retirement System (OPERS)
Ohio
-$2.12M -52,332 Closed
WRIP
164
White River Investment Partners
California
-$2.02M -50,000 Closed
DIA
165
Denver Investment Advisors
Colorado
-$1.38K -34,061 Closed
AP
166
Alydar Partners
Massachusetts
-$1.21M -30,000 Closed
RHJA
167
Rice Hall James & Associates
California
-$1.02M -25,291 Closed
PP
168
Paloma Partners
Connecticut
-$459K -11,356 Closed
TC
169
TFS Capital
Pennsylvania
-$330K -8,160 Closed
GCP
170
GSA Capital Partners
United Kingdom
-$297K -7,338 Closed
VKH
171
Virtu KCG Holdings
New York
-$271K -6,704 Closed
GIP
172
Granite Investment Partners
California
-$216K -5,351 Closed
WFM
173
Wilmington Funds Management
Delaware
-$203K -5,033 Closed
US Bancorp
174
US Bancorp
Minnesota
-$145K -3,597 Closed
KIG
175
Kessler Investment Group
Indiana
-$89K -2,214 Closed

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.