Cogent Communications
CCOI
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.
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: 136 → 153 (+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: 7 → 5 (-2)
Top Buyers
Top Sellers
| 1 |
FAM
Fred Alger Management
New York
|
-$50.8M |
| 2 |
Jennison Associates
New York
|
-$49.2M |
| 3 |
EAM
Eagle Asset Management
St Petersburg,
Florida
|
-$20.6M |
| 4 |
CAM
Contour Asset Management
New York
|
-$20.4M |
| 5 |
RCP
RIT Capital Partners
London,
United Kingdom
|
-$17.6M |
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.