Cogent Communications
CCOI
194 hedge funds and large institutions have $1.87B invested in Cogent Communications in 2017 Q1 according to their latest regulatory filings, with 23 funds opening new positions, 71 increasing their positions, 67 reducing their positions, and 22 closing their positions.
6% more repeat investments, than reductions
Existing positions increased: 71 | Existing positions reduced: 67
5% more first-time investments, than exits
New positions opened: 23 | Existing positions closed: 22
3% more capital invested
Capital invested by funds: $1.81B → $1.87B (+$55.9M)
0% more funds holding in top 10
Funds holding in top 10: 4 → 4 (0)
1.09% less ownership
Funds ownership: 96.35% → 95.26% (-1.1%)
3% less funds holding
Funds holding: 200 → 194 (-6)
26% less call options, than puts
Call options by funds: $1.9M | Put options by funds: $2.55M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$206M |
| 2 |
VOYA Investment Management
Atlanta,
Georgia
|
+$17.7M |
| 3 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$14.6M |
| 4 |
Renaissance Technologies
New York
|
+$7.81M |
| 5 |
MC
MIG Capital
Newport Beach,
California
|
+$7.49M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GIM
Granahan Investment Management
Waltham,
Massachusetts
|
-$17M |
| 2 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
-$15M |
| 3 |
D.E. Shaw & Co
New York
|
-$8.29M |
| 4 |
TG
TCW Group
Los Angeles,
California
|
-$7.41M |
| 5 |
Vanguard Group
Malvern,
Pennsylvania
|
-$7.11M |
CCOI Hedge Fund Activity: Q1 2017 in Review
194 of the 4,017 institutional investors tracked by Wall St. Rank reported a position in Cogent Communications (CCOI) for Q1 2017, worth a combined $1.87B — up 3.1% from $1.81B a quarter earlier.
Buyers outnumbered sellers: 23 funds opened new CCOI positions and 22 closed out — a net gain of 1 holder — while 71 added to existing stakes and 67 trimmed.
The largest buyer was BlackRock, adding an estimated $206M. The largest seller was Granahan Investment Management, cutting an estimated $17M.
- 194 institutional investors held Cogent Communications (CCOI) as of Q1 2017, down from 200 in Q4 2016.
- Funds reported $1.87B of Cogent Communications stock for Q1 2017, up 3.1% quarter-over-quarter.
- 23 funds opened new Cogent Communications positions in Q1 2017 and 22 closed out, a net change of +1 holder.
- The largest Cogent Communications buyer in Q1 2017 was BlackRock, an estimated $206M added.
- The largest Cogent Communications seller in Q1 2017 was Granahan Investment Management, an estimated $17M sold.
Based on aggregated 13F filings for Q1 2017.