Cogent Communications
CCOI
188 hedge funds and large institutions have $1.73B invested in Cogent Communications in 2017 Q2 according to their latest regulatory filings, with 16 funds opening new positions, 84 increasing their positions, 53 reducing their positions, and 21 closing their positions.
72% more call options, than puts
Call options by funds: $1.75M | Put options by funds: $1.02M
58% more repeat investments, than reductions
Existing positions increased: 84 | Existing positions reduced: 53
0.03% more ownership
Funds ownership: 95.26% → 95.29% (+0.03%)
3% less funds holding
Funds holding: 194 → 188 (-6)
7% less capital invested
Capital invested by funds: $1.87B → $1.73B (-$133M)
24% less first-time investments, than exits
New positions opened: 16 | Existing positions closed: 21
50% less funds holding in top 10
Funds holding in top 10: 4 → 2 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CCM
Copeland Capital Management
Conshohocken,
Pennsylvania
|
+$11.1M |
| 2 |
First Trust Advisors
Wheaton,
Illinois
|
+$11M |
| 3 |
Renaissance Technologies
New York
|
+$10.2M |
| 4 |
RRAM
River Road Asset Management
Louisville,
Kentucky
|
+$9.09M |
| 5 |
Jennison Associates
New York
|
+$8.94M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity International
Hamilton,
Bermuda
|
-$25.7M |
| 2 |
State of New Jersey Common Pension Fund D
Trenton,
New Jersey
|
-$16.6M |
| 3 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$15M |
| 4 |
Fidelity Investments
Boston,
Massachusetts
|
-$8.36M |
| 5 |
PCA
Personal Capital Advisors
Redwood City,
California
|
-$5.95M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
201
Tudor Investment Corp
Stamford,
Connecticut
| – | -$355K | -8,252 | Closed |
|
202
ProShare Advisors
Bethesda,
Maryland
| – | -$247K | -5,738 | Closed |
|
|
JG
203
Jefferies Group
New York
| – | -$236K | -5,475 | Closed |
|
|
BLA
204
Balter Liquid Alternatives
Boston,
Massachusetts
| – | -$233K | -5,417 | Closed |
|
|
OSAM
205
O'Shaughnessy Asset Management
Stamford,
Connecticut
| – | -$134K | -3,103 | Closed |
|
206
Macquarie Group
Sydney, NSW 2000,
Australia
| – | -$128K | -2,982 | Closed |
|
|
ST
207
Spot Trading
Chicago,
Illinois
| – | -$4K | -86 | Closed |
|
CCOI Hedge Fund Activity: Q2 2017 in Review
188 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in Cogent Communications (CCOI) for Q2 2017, worth a combined $1.73B — down 7.1% from $1.87B a quarter earlier.
Sellers outnumbered buyers: 21 funds closed out of CCOI and 16 opened new positions — a net loss of 5 holders — while 53 trimmed existing stakes and 84 added.
The largest buyer was Copeland Capital Management, opening a new position worth an estimated $11.1M. The largest seller was Fidelity International, exiting entirely with an estimated $25.7M sold.
- 188 institutional investors held Cogent Communications (CCOI) as of Q2 2017, down from 194 in Q1 2017.
- Funds reported $1.73B of Cogent Communications stock for Q2 2017, down 7.1% quarter-over-quarter.
- 16 funds opened new Cogent Communications positions in Q2 2017 and 21 closed out, a net change of -5 holders.
- The largest Cogent Communications buyer in Q2 2017 was Copeland Capital Management, an estimated $11.1M added.
- The largest Cogent Communications seller in Q2 2017 was Fidelity International, an estimated $25.7M sold.
Based on aggregated 13F filings for Q2 2017.