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Cogent Communications

162 hedge funds and large institutions have $1.64B invested in Cogent Communications in 2015 Q4 according to their latest regulatory filings, with 22 funds opening new positions, 64 increasing their positions, 50 reducing their positions, and 10 closing their positions.

New
Increased
Maintained
Reduced
Closed

290% more call options, than puts

Call options by funds: $24.3M | Put options by funds: $6.23M

120% more first-time investments, than exits

New positions opened: 22 | Existing positions closed: 10

57% more funds holding in top 10

Funds holding in top 10: 711 (+4)

33% more capital invested

Capital invested by funds: $1.23B → $1.64B (+$406M)

28% more repeat investments, than reductions

Existing positions increased: 64 | Existing positions reduced: 50

7% more funds holding

Funds holding: 151162 (+11)

Holders
162
Holders Change
+11
Holders Change %
+7.28%
% of All Funds
4.25%
Holding in Top 10
11
Holding in Top 10 Change
+4
Holding in Top 10 Change %
+57.14%
% of All Funds
0.29%
New
22
Increased
64
Reduced
50
Closed
10
Calls
$24.3M
Puts
$6.23M
Net Calls
+$18M
Net Calls Change
+$13.6M
Name Holding Trade Value Shares
Change
Change in
Stake
Fidelity Investments
1
Fidelity Investments
Massachusetts
$176M -$5.06M -156,389 -3%
FCM
2
Frontier Capital Management
Massachusetts
$136M +$2.03M +62,771 +2%
Vanguard Group
3
Vanguard Group
Pennsylvania
$121M +$5.44M +168,358 +5%
State of New Jersey Common Pension Fund D
4
State of New Jersey Common Pension Fund D
New Jersey
$59M
Renaissance Technologies
5
Renaissance Technologies
New York
$52.5M -$1.19M -36,852 -2%
Jennison Associates
6
Jennison Associates
New York
$47.8M +$20.1M +622,688 +83%
Brown Advisory
7
Brown Advisory
Maryland
$45.4M +$1.46M +45,029 +4%
BFA
8
BlackRock Fund Advisors
California
$40.8M +$32.6K +1,009 +0.1%
TCM
9
TimesSquare Capital Management
New York
$40.1M +$107K +3,300 +0.3%
Capital World Investors
10
Capital World Investors
California
$39.4M
BIT
11
BlackRock Institutional Trust
California
$37.3M -$906K -28,024 -3%
Royal Bank of Canada
12
Royal Bank of Canada
Ontario, Canada
$37.1M +$33.8M +1,046,581 +4,451%
Dimensional Fund Advisors
13
Dimensional Fund Advisors
Texas
$35.7M +$1.97M +60,996 +6%
RC
14
Rivulet Capital
New Jersey
$35.4M -$5.42M -167,600 -14%
Canada Life
15
Canada Life
Manitoba, Canada
$34.2M +$592K +18,300 +2%
RIM
16
Ranger Investment Management
Texas
$34.1M -$1.95M -60,450 -6%
KCM
17
Kornitzer Capital Management
Kansas
$31.1M +$1.29M +39,905 +5%
State Street
18
State Street
Massachusetts
$28.1M +$95.7K +2,960 +0.4%
UM
19
Ulysses Management
New York
$27.3M -$2.32M -71,810 -8%
MC
20
MIG Capital
California
$24.9M +$2.07M +64,050 +10%
CI
21
Cambiar Investors
Colorado
$24.7M +$6.26M +193,625 +37%
D.E. Shaw & Co
22
D.E. Shaw & Co
New York
$24.5M -$28.5M -880,753 -55%
BI
23
BlueSpruce Investments
Illinois
$24.3M
Northern Trust
24
Northern Trust
Illinois
$22.3M +$330K +10,204 +2%
WHRC
25
W.H. Reaves & Co
New Jersey
$18.6M -$822K -25,435 -5%

CCOI Hedge Fund Activity: Q4 2015 in Review

162 of the 3,812 institutional investors tracked by Wall St. Rank reported a position in Cogent Communications (CCOI) for Q4 2015, worth a combined $1.64B — up 33% from $1.23B a quarter earlier.

Buyers outnumbered sellers: 22 funds opened new CCOI positions and 10 closed out — a net gain of 12 holders — while 64 added to existing stakes and 50 trimmed.

The largest buyer was Royal Bank of Canada, adding an estimated $33.8M. The largest seller was D.E. Shaw & Co, cutting an estimated $28.5M.

  • 162 institutional investors held Cogent Communications (CCOI) as of Q4 2015, up from 151 in Q3 2015.
  • Funds reported $1.64B of Cogent Communications stock for Q4 2015, up 33% quarter-over-quarter.
  • 22 funds opened new Cogent Communications positions in Q4 2015 and 10 closed out, a net change of +12 holders.
  • The largest Cogent Communications buyer in Q4 2015 was Royal Bank of Canada, an estimated $33.8M added.
  • The largest Cogent Communications seller in Q4 2015 was D.E. Shaw & Co, an estimated $28.5M sold.

Based on aggregated 13F filings for Q4 2015.