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Cogent Communications

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.

New
Increased
Maintained
Reduced
Closed

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: 44 (0)

1.09% less ownership

Funds ownership: 96.35%95.26% (-1.1%)

3% less funds holding

Funds holding: 200194 (-6)

26% less call options, than puts

Call options by funds: $1.9M | Put options by funds: $2.55M

Holders
194
Holders Change
-6
Holders Change %
-3%
% of All Funds
4.83%
Holding in Top 10
4
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.1%
New
23
Increased
71
Reduced
67
Closed
22
Calls
$1.9M
Puts
$2.55M
Net Calls
-$653K
Net Calls Change
-$2.05M
Name Holding Trade Value Shares
Change
Change in
Stake
BlackRock
1
BlackRock
New York
$213M +$206M +4,952,008 +125,209%
Vanguard Group
2
Vanguard Group
Pennsylvania
$195M -$7.11M -170,530 -4%
Fidelity Investments
3
Fidelity Investments
Massachusetts
$134M +$7.23M +173,379 +6%
FCM
4
Frontier Capital Management
Massachusetts
$117M -$5.66M -135,829 -5%
Renaissance Technologies
5
Renaissance Technologies
New York
$78.1M +$7.81M +187,400 +12%
Brown Advisory
6
Brown Advisory
Maryland
$73.1M -$6.56M -157,476 -8%
Jennison Associates
7
Jennison Associates
New York
$71.1M -$3.22M -77,338 -4%
Dimensional Fund Advisors
8
Dimensional Fund Advisors
Texas
$57.4M +$4.08M +97,938 +8%
MC
9
MIG Capital
California
$57.2M +$7.49M +179,740 +16%
First Trust Advisors
10
First Trust Advisors
Illinois
$49.5M +$5.35M +128,414 +13%
VOYA Investment Management
11
VOYA Investment Management
Georgia
$48.8M +$17.7M +423,769 +60%
State Street
12
State Street
Massachusetts
$44.3M +$3.41M +81,862 +9%
Bank of New York Mellon
13
Bank of New York Mellon
New York
$40.2M +$872K +20,920 +2%
TCM
14
TimesSquare Capital Management
New York
$39.9M -$3.8M -91,110 -9%
State of New Jersey Common Pension Fund D
15
State of New Jersey Common Pension Fund D
New Jersey
$34.4M
Loomis, Sayles & Company
16
Loomis, Sayles & Company
Massachusetts
$32.1M -$676K -16,206 -2%
EA
17
Emerald Advisers
Pennsylvania
$26.1M -$1.3M -31,079 -5%
Fidelity International
18
Fidelity International
Bermuda
$25.7M -$1.62M -38,937 -6%
Northern Trust
19
Northern Trust
Illinois
$25M +$89.5K +2,146 +0.4%
RIM
20
Ranger Investment Management
Texas
$24.5M -$261K -6,260 -1%
Capital World Investors
21
Capital World Investors
California
$24.3M
Canada Life
22
Canada Life
Manitoba, Canada
$22.3M +$156K +3,731 +0.7%
TCM
23
Tekne Capital Management
New York
$22.1M
EMFAT
24
Emerald Mutual Fund Advisers Trust
Pennsylvania
$19.1M
SC
25
Skylands Capital
Wisconsin
$17.9M -$1.2M -28,906 -7%

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.