Cogent Communications
CCOI
187 hedge funds and large institutions have $2.17B invested in Cogent Communications in 2017 Q3 according to their latest regulatory filings, with 19 funds opening new positions, 79 increasing their positions, 56 reducing their positions, and 18 closing their positions.
296% more call options, than puts
Call options by funds: $3.92M | Put options by funds: $992K
50% more funds holding in top 10
Funds holding in top 10: 2 → 3 (+1)
41% more repeat investments, than reductions
Existing positions increased: 79 | Existing positions reduced: 56
25% more capital invested
Capital invested by funds: $1.73B → $2.17B (+$437M)
1.39% more ownership
Funds ownership: 95.29% → 96.68% (+1.4%)
6% more first-time investments, than exits
New positions opened: 19 | Existing positions closed: 18
1% less funds holding
Funds holding: 188 → 187 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$56.7M |
| 2 |
RRAM
River Road Asset Management
Louisville,
Kentucky
|
+$21M |
| 3 |
Jennison Associates
New York
|
+$20.9M |
| 4 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$16.9M |
| 5 |
Renaissance Technologies
New York
|
+$16M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FCM
Frontier Capital Management
Boston,
Massachusetts
|
-$53.1M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
-$13.7M |
| 3 |
VOYA Investment Management
Atlanta,
Georgia
|
-$11.3M |
| 4 |
Brown Advisory
Baltimore,
Maryland
|
-$8.51M |
| 5 |
TCM
TimesSquare Capital Management
New York
|
-$8.15M |
CCOI Hedge Fund Activity: Q3 2017 in Review
187 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in Cogent Communications (CCOI) for Q3 2017, worth a combined $2.17B — up 25% from $1.73B a quarter earlier.
Buyers outnumbered sellers: 19 funds opened new CCOI positions and 18 closed out — a net gain of 1 holder — while 79 added to existing stakes and 56 trimmed.
The largest buyer was BlackRock, adding an estimated $56.7M. The largest seller was Frontier Capital Management, cutting an estimated $53.1M.
- 187 institutional investors held Cogent Communications (CCOI) as of Q3 2017, down from 188 in Q2 2017.
- Funds reported $2.17B of Cogent Communications stock for Q3 2017, up 25% quarter-over-quarter.
- 19 funds opened new Cogent Communications positions in Q3 2017 and 18 closed out, a net change of +1 holder.
- The largest Cogent Communications buyer in Q3 2017 was BlackRock, an estimated $56.7M added.
- The largest Cogent Communications seller in Q3 2017 was Frontier Capital Management, an estimated $53.1M sold.
Based on aggregated 13F filings for Q3 2017.