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Cogent Communications

180 hedge funds and large institutions have $1.84B invested in Cogent Communications in 2016 Q1 according to their latest regulatory filings, with 42 funds opening new positions, 62 increasing their positions, 54 reducing their positions, and 23 closing their positions.

New
Increased
Maintained
Reduced
Closed

298% more call options, than puts

Call options by funds: $6.17M | Put options by funds: $1.55M

83% more first-time investments, than exits

New positions opened: 42 | Existing positions closed: 23

15% more repeat investments, than reductions

Existing positions increased: 62 | Existing positions reduced: 54

12% more capital invested

Capital invested by funds: $1.64B → $1.84B (+$200M)

11% more funds holding

Funds holding: 162180 (+18)

27% less funds holding in top 10

Funds holding in top 10: 118 (-3)

Holders
180
Holders Change
+18
Holders Change %
+11.11%
% of All Funds
4.8%
Holding in Top 10
8
Holding in Top 10 Change
-3
Holding in Top 10 Change %
-27.27%
% of All Funds
0.21%
New
42
Increased
62
Reduced
54
Closed
23
Calls
$6.17M
Puts
$1.55M
Net Calls
+$4.62M
Net Calls Change
-$13.4M
Name Holding Trade Value Shares
Change
Change in
Stake
Fidelity Investments
1
Fidelity Investments
Massachusetts
$218M +$18.2M +523,800 +10%
FCM
2
Frontier Capital Management
Massachusetts
$160M +$6.45M +185,973 +5%
Vanguard Group
3
Vanguard Group
Pennsylvania
$158M +$19.9M +572,983 +16%
BFA
4
BlackRock Fund Advisors
California
$107M +$54.3M +1,566,875 +133%
Jennison Associates
5
Jennison Associates
New York
$69.8M +$14.3M +412,476 +30%
Renaissance Technologies
6
Renaissance Technologies
New York
$62.4M +$2.93M +84,400 +6%
Brown Advisory
7
Brown Advisory
Maryland
$51M -$71.6K -2,064 -0.2%
Dimensional Fund Advisors
8
Dimensional Fund Advisors
Texas
$45.7M +$4.95M +142,713 +14%
RC
9
Rivulet Capital
New Jersey
$44.9M +$4.55M +131,200 +13%
Capital World Investors
10
Capital World Investors
California
$44.3M
BIT
11
BlackRock Institutional Trust
California
$41.9M -$110K -3,167 -0.3%
TCM
12
TimesSquare Capital Management
New York
$39.7M -$4.77M -137,585 -12%
State Street
13
State Street
Massachusetts
$36.3M +$4.17M +120,267 +15%
RIM
14
Ranger Investment Management
Texas
$31.9M -$5.76M -166,245 -17%
Canada Life
15
Canada Life
Manitoba, Canada
$31.9M -$5.73M -165,200 -17%
Lord, Abbett & Co
16
Lord, Abbett & Co
New Jersey
$30.8M +$10.8M +311,741 +65%
State of New Jersey Common Pension Fund D
17
State of New Jersey Common Pension Fund D
New Jersey
$29.3M -$32.9M -950,000 -56%
Bank of New York Mellon
18
Bank of New York Mellon
New York
$29.2M +$11.5M +330,633 +79%
CI
19
Cambiar Investors
Colorado
$28.1M +$310K +8,947 +1%
MC
20
MIG Capital
California
$28.1M
Loomis, Sayles & Company
21
Loomis, Sayles & Company
Massachusetts
$26.5M +$11.3M +326,827 +93%
KCM
22
Kornitzer Capital Management
Kansas
$25.5M -$8.47M -244,200 -27%
Northern Trust
23
Northern Trust
Illinois
$24.5M +$383K +11,038 +2%
TCM
24
Tekne Capital Management
New York
$20.1M
UM
25
Ulysses Management
New York
$19.7M -$9.75M -281,190 -36%

CCOI Hedge Fund Activity: Q1 2016 in Review

180 of the 3,753 institutional investors tracked by Wall St. Rank reported a position in Cogent Communications (CCOI) for Q1 2016, worth a combined $1.84B — up 12% from $1.64B a quarter earlier.

Buyers outnumbered sellers: 42 funds opened new CCOI positions and 23 closed out — a net gain of 19 holders — while 62 added to existing stakes and 54 trimmed.

The largest buyer was BlackRock Fund Advisors, adding an estimated $54.3M. The largest seller was State of New Jersey Common Pension Fund D, cutting an estimated $32.9M.

  • 180 institutional investors held Cogent Communications (CCOI) as of Q1 2016, up from 162 in Q4 2015.
  • Funds reported $1.84B of Cogent Communications stock for Q1 2016, up 12% quarter-over-quarter.
  • 42 funds opened new Cogent Communications positions in Q1 2016 and 23 closed out, a net change of +19 holders.
  • The largest Cogent Communications buyer in Q1 2016 was BlackRock Fund Advisors, an estimated $54.3M added.
  • The largest Cogent Communications seller in Q1 2016 was State of New Jersey Common Pension Fund D, an estimated $32.9M sold.

Based on aggregated 13F filings for Q1 2016.