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Cogent Communications

189 hedge funds and large institutions have $1.8B invested in Cogent Communications in 2016 Q2 according to their latest regulatory filings, with 26 funds opening new positions, 56 increasing their positions, 78 reducing their positions, and 16 closing their positions.

New
Increased
Maintained
Reduced
Closed

249% more call options, than puts

Call options by funds: $4.91M | Put options by funds: $1.41M

63% more first-time investments, than exits

New positions opened: 26 | Existing positions closed: 16

5% more funds holding

Funds holding: 180189 (+9)

0% more funds holding in top 10

Funds holding in top 10: 88 (0)

2% less capital invested

Capital invested by funds: $1.84B → $1.8B (-$35M)

28% less repeat investments, than reductions

Existing positions increased: 56 | Existing positions reduced: 78

Holders
189
Holders Change
+9
Holders Change %
+5%
% of All Funds
5.04%
Holding in Top 10
8
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.21%
New
26
Increased
56
Reduced
78
Closed
16
Calls
$4.91M
Puts
$1.41M
Net Calls
+$3.51M
Net Calls Change
-$1.11M
Name Holding Trade Value Shares
Change
Change in
Stake
Fidelity Investments
1
Fidelity Investments
Massachusetts
$203M -$20.9M -532,891 -10%
Vanguard Group
2
Vanguard Group
Pennsylvania
$178M +$15.6M +398,327 +10%
FCM
3
Frontier Capital Management
Massachusetts
$154M -$10.2M -260,991 -6%
BFA
4
BlackRock Fund Advisors
California
$111M +$1.35M +34,267 +1%
Jennison Associates
5
Jennison Associates
New York
$72.5M +$838K +21,347 +1%
Renaissance Technologies
6
Renaissance Technologies
New York
$61.5M -$2.42M -61,600 -4%
Brown Advisory
7
Brown Advisory
Maryland
$52.8M +$413K +10,520 +0.8%
Dimensional Fund Advisors
8
Dimensional Fund Advisors
Texas
$49M +$2.07M +52,669 +4%
Capital World Investors
9
Capital World Investors
California
$45.5M
Lord, Abbett & Co
10
Lord, Abbett & Co
New Jersey
$40.6M +$8.82M +224,705 +28%
BIT
11
BlackRock Institutional Trust
California
$39.9M -$2.98M -75,950 -7%
TCM
12
TimesSquare Capital Management
New York
$39.1M -$1.68M -42,700 -4%
State Street
13
State Street
Massachusetts
$35.1M -$2.08M -52,881 -6%
Loomis, Sayles & Company
14
Loomis, Sayles & Company
Massachusetts
$33.1M +$5.8M +147,876 +22%
RC
15
Rivulet Capital
New Jersey
$32.4M -$13.5M -343,100 -30%
Bank of New York Mellon
16
Bank of New York Mellon
New York
$31.1M +$1.11M +28,193 +4%
MC
17
MIG Capital
California
$28.8M
RIM
18
Ranger Investment Management
Texas
$28.1M -$4.58M -116,785 -14%
Fidelity International
19
Fidelity International
Bermuda
$25.1M +$24.6M +627,112 New
Northern Trust
20
Northern Trust
Illinois
$25.1M -$1.12M -28,541 -4%
Canada Life
21
Canada Life
Manitoba, Canada
$23.5M -$9.03M -230,084 -28%
State of New Jersey Common Pension Fund D
22
State of New Jersey Common Pension Fund D
New Jersey
$21.6M -$8.24M -210,000 -28%
KCM
23
Kornitzer Capital Management
Kansas
$21.5M -$4.55M -115,805 -18%
TCM
24
Tekne Capital Management
New York
$20.6M
UM
25
Ulysses Management
New York
$18.2M -$1.96M -50,000 -10%

CCOI Hedge Fund Activity: Q2 2016 in Review

189 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in Cogent Communications (CCOI) for Q2 2016, worth a combined $1.8B — down 1.9% from $1.84B a quarter earlier.

Buyers outnumbered sellers: 26 funds opened new CCOI positions and 16 closed out — a net gain of 10 holders — while 56 added to existing stakes and 78 trimmed.

The largest buyer was Fidelity International, opening a new position worth an estimated $24.6M. The largest seller was Cambiar Investors, exiting entirely with an estimated $28.1M sold.

  • 189 institutional investors held Cogent Communications (CCOI) as of Q2 2016, up from 180 in Q1 2016.
  • Funds reported $1.8B of Cogent Communications stock for Q2 2016, down 1.9% quarter-over-quarter.
  • 26 funds opened new Cogent Communications positions in Q2 2016 and 16 closed out, a net change of +10 holders.
  • The largest Cogent Communications buyer in Q2 2016 was Fidelity International, an estimated $24.6M added.
  • The largest Cogent Communications seller in Q2 2016 was Cambiar Investors, an estimated $28.1M sold.

Based on aggregated 13F filings for Q2 2016.