Cogent Communications
CCOI
180 hedge funds and large institutions have $1.85B invested in Cogent Communications in 2016 Q1 according to their latest regulatory filings, with 42 funds opening new positions, 63 increasing their positions, 53 reducing their positions, and 23 closing their positions.
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
19% more repeat investments, than reductions
Existing positions increased: 63 | Existing positions reduced: 53
13% more capital invested
Capital invested by funds: $1.64B → $1.85B (+$210M)
11% more funds holding
Funds holding: 162 → 180 (+18)
27% less funds holding in top 10
Funds holding in top 10: 11 → 8 (-3)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
+$54.3M |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
+$19.9M |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
+$18.2M |
| 4 |
Jennison Associates
New York
|
+$14.3M |
| 5 |
Bank of New York Mellon
New York
|
+$11.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
State of New Jersey Common Pension Fund D
Trenton,
New Jersey
|
-$32.9M |
| 2 |
D.E. Shaw & Co
New York
|
-$24.5M |
| 3 |
BI
BlueSpruce Investments
Chicago,
Illinois
|
-$24.3M |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$23.4M |
| 5 |
PAM
PineView Asset Management
Greenwich,
Connecticut
|
-$12.2M |
CCOI Hedge Fund Activity: Q1 2016 in Review
180 of the 3,767 institutional investors tracked by Wall St. Rank reported a position in Cogent Communications (CCOI) for Q1 2016, worth a combined $1.85B — up 13% 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 63 added to existing stakes and 53 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 $1.85B of Cogent Communications stock for Q1 2016, up 13% 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.