Cogent Communications
CCOI
259 hedge funds and large institutions have $3.09B invested in Cogent Communications in 2021 Q2 according to their latest regulatory filings, with 34 funds opening new positions, 103 increasing their positions, 81 reducing their positions, and 29 closing their positions.
523% more call options, than puts
Call options by funds: $13.3M | Put options by funds: $2.13M
27% more repeat investments, than reductions
Existing positions increased: 103 | Existing positions reduced: 81
17% more first-time investments, than exits
New positions opened: 34 | Existing positions closed: 29
10% more capital invested
Capital invested by funds: $2.8B → $3.09B (+$288M)
2% more funds holding
Funds holding: 254 → 259 (+5)
0.88% less ownership
Funds ownership: 86.06% → 85.17% (-0.88%)
60% less funds holding in top 10
Funds holding in top 10: 5 → 2 (-3)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
N
Nuveen
Charlotte,
North Carolina
|
+$12.9M |
| 2 |
VNIM
Vaughan Nelson Investment Management
Houston,
Texas
|
+$12.3M |
| 3 |
Westfield Capital Management
Boston,
Massachusetts
|
+$12.3M |
| 4 |
Jacobs Levy Equity Management
Florham Park,
New Jersey
|
+$9.92M |
| 5 |
MGIM
M&G Investment Management
London,
United Kingdom
|
+$8.14M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$55.3M |
| 2 |
IECM
Intrinsic Edge Capital Management
Chicago,
Illinois
|
-$21.2M |
| 3 |
BlackRock
New York
|
-$12.4M |
| 4 |
SCM
SG Capital Management
Chicago,
Illinois
|
-$11.6M |
| 5 |
HAM
Harber Asset Management
Asheville,
North Carolina
|
-$11.6M |
CCOI Hedge Fund Activity: Q2 2021 in Review
259 of the 5,745 institutional investors tracked by Wall St. Rank reported a position in Cogent Communications (CCOI) for Q2 2021, worth a combined $3.09B — up 10% from $2.8B a quarter earlier.
Buyers outnumbered sellers: 34 funds opened new CCOI positions and 29 closed out — a net gain of 5 holders — while 103 added to existing stakes and 81 trimmed.
The largest buyer was Nuveen, adding an estimated $12.9M. The largest seller was Fidelity Investments, cutting an estimated $55.3M.
- 259 institutional investors held Cogent Communications (CCOI) as of Q2 2021, up from 254 in Q1 2021.
- Funds reported $3.09B of Cogent Communications stock for Q2 2021, up 10% quarter-over-quarter.
- 34 funds opened new Cogent Communications positions in Q2 2021 and 29 closed out, a net change of +5 holders.
- The largest Cogent Communications buyer in Q2 2021 was Nuveen, an estimated $12.9M added.
- The largest Cogent Communications seller in Q2 2021 was Fidelity Investments, an estimated $55.3M sold.
Based on aggregated 13F filings for Q2 2021.