Cogent Communications
CCOI
130 hedge funds and large institutions have $1.29B invested in Cogent Communications in 2013 Q3 according to their latest regulatory filings, with 12 funds opening new positions, 44 increasing their positions, 51 reducing their positions, and 11 closing their positions.
210% more call options, than puts
Call options by funds: $900K | Put options by funds: $290K
25% more funds holding in top 10
Funds holding in top 10: 4 → 5 (+1)
9% more first-time investments, than exits
New positions opened: 12 | Existing positions closed: 11
0% more funds holding
Funds holding: 130 → 130 (0)
1.6% less ownership
Funds ownership: 85.57% → 83.97% (-1.6%)
14% less repeat investments, than reductions
Existing positions increased: 44 | Existing positions reduced: 51
18% less capital inflows, than outflows
Capital inflows: $79.8M | Capital outflows: $97.5M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Renaissance Technologies
New York
|
+$10.4M |
| 2 |
Canada Life
Winnipeg,
Manitoba, Canada
|
+$8.74M |
| 3 |
Jericho Capital Asset Management
New York
|
+$7.9M |
| 4 |
RK Capital Management (Colorado)
Denver,
Colorado
|
+$6.66M |
| 5 |
Citadel Advisors
Miami,
Florida
|
+$6.17M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CCM
Century Capital Management
Boston,
Massachusetts
|
-$25.7M |
| 2 |
Vaughan Nelson Investment Management
Houston,
Texas
|
-$11.8M |
| 3 |
Hood River Capital Management
Palm Beach Gardens,
Florida
|
-$8.87M |
| 4 |
Turner Investments
Berwyn,
Pennsylvania
|
-$7.8M |
| 5 |
Castleark Management
Chicago,
Illinois
|
-$4.06M |
CCOI Hedge Fund Activity: Q3 2013 in Review
130 of the 3,096 institutional investors tracked by Wall St. Rank reported a position in Cogent Communications (CCOI) for Q3 2013, worth a combined $1.29B — up 13% from $1.14B a quarter earlier.
Buyers outnumbered sellers: 12 funds opened new CCOI positions and 11 closed out — a net gain of 1 holder — while 44 added to existing stakes and 51 trimmed.
The largest buyer was Renaissance Technologies, adding an estimated $10.4M. The largest seller was Century Capital Management, cutting an estimated $25.7M.
- 130 institutional investors held Cogent Communications (CCOI) as of Q3 2013, unchanged from Q2 2013.
- Funds reported $1.29B of Cogent Communications stock for Q3 2013, up 13% quarter-over-quarter.
- 12 funds opened new Cogent Communications positions in Q3 2013 and 11 closed out, a net change of +1 holder.
- The largest Cogent Communications buyer in Q3 2013 was Renaissance Technologies, an estimated $10.4M added.
- The largest Cogent Communications seller in Q3 2013 was Century Capital Management, an estimated $25.7M sold.
Based on aggregated 13F filings for Q3 2013.