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Cogent Communications

206 hedge funds and large institutions have $1.99B invested in Cogent Communications in 2017 Q4 according to their latest regulatory filings, with 42 funds opening new positions, 71 increasing their positions, 63 reducing their positions, and 23 closing their positions.

New
Increased
Maintained
Reduced
Closed

83% more first-time investments, than exits

New positions opened: 42 | Existing positions closed: 23

42% more call options, than puts

Call options by funds: $8.79M | Put options by funds: $6.18M

13% more repeat investments, than reductions

Existing positions increased: 71 | Existing positions reduced: 63

10% more funds holding

Funds holding: 187206 (+19)

1.03% less ownership

Funds ownership: 96.68%95.65% (-1%)

8% less capital invested

Capital invested by funds: $2.17B → $1.99B (-$182M)

33% less funds holding in top 10

Funds holding in top 10: 32 (-1)

Holders
206
Holders Change
+19
Holders Change %
+10.16%
% of All Funds
4.67%
Holding in Top 10
2
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-33.33%
% of All Funds
0.05%
New
42
Increased
71
Reduced
63
Closed
23
Calls
$8.79M
Puts
$6.18M
Net Calls
+$2.61M
Net Calls Change
-$327K
Name Holding Trade Value Shares
Change
Change in
Stake
BlackRock
1
BlackRock
New York
$285M -$5.77M -121,145 -2%
Vanguard Group
2
Vanguard Group
Pennsylvania
$207M -$329K -6,912 -0.2%
Renaissance Technologies
3
Renaissance Technologies
New York
$126M +$16.9M +354,800 +15%
Jennison Associates
4
Jennison Associates
New York
$100M -$6.27M -131,566 -6%
Fidelity Investments
5
Fidelity Investments
Massachusetts
$93.2M -$26.1M -548,612 -21%
Brown Advisory
6
Brown Advisory
Maryland
$65.7M -$4.78M -100,308 -6%
First Trust Advisors
7
First Trust Advisors
Illinois
$65.6M +$9.81M +206,001 +17%
Dimensional Fund Advisors
8
Dimensional Fund Advisors
Texas
$60.1M -$4.22M -88,649 -6%
FCM
9
Frontier Capital Management
Massachusetts
$56.9M -$5.96M -125,096 -9%
MC
10
MIG Capital
California
$53.5M -$6.19M -129,895 -10%
Invesco
11
Invesco
Georgia
$52.5M +$49.7M +1,042,872 +898%
State Street
12
State Street
Massachusetts
$49M +$1.4M +29,349 +3%
VOYA Investment Management
13
VOYA Investment Management
Georgia
$47.5M +$3.93M +82,568 +9%
Bank of New York Mellon
14
Bank of New York Mellon
New York
$37.2M -$1.68M -35,305 -4%
Loomis, Sayles & Company
15
Loomis, Sayles & Company
Massachusetts
$33.5M +$572K +12,001 +2%
TCM
16
TimesSquare Capital Management
New York
$31.5M -$3.2M -67,200 -9%
Goldman Sachs
17
Goldman Sachs
New York
$27M +$2.2M +46,215 +8%
Northern Trust
18
Northern Trust
Illinois
$25.8M -$388K -8,138 -1%
Capital World Investors
19
Capital World Investors
California
$25.6M
Canada Life
20
Canada Life
Manitoba, Canada
$23.7M +$139K +2,913 +0.6%
TCM
21
Tekne Capital Management
New York
$23.3M
State of New Jersey Common Pension Fund D
22
State of New Jersey Common Pension Fund D
New Jersey
$22.6M +$9.53M +200,000 +67%
Norges Bank
23
Norges Bank
Norway
$20.8M
RIM
24
Ranger Investment Management
Texas
$19.7M -$1M -21,005 -5%
NI
25
Numeric Investors
Massachusetts
$19.1M +$5.84M +122,700 +41%

CCOI Hedge Fund Activity: Q4 2017 in Review

206 of the 4,409 institutional investors tracked by Wall St. Rank reported a position in Cogent Communications (CCOI) for Q4 2017, worth a combined $1.99B — down 8.4% from $2.17B a quarter earlier.

Buyers outnumbered sellers: 42 funds opened new CCOI positions and 23 closed out — a net gain of 19 holders — while 71 added to existing stakes and 63 trimmed.

The largest buyer was Invesco, adding an estimated $49.7M. The largest seller was River Road Asset Management, exiting entirely with an estimated $33.9M sold.

  • 206 institutional investors held Cogent Communications (CCOI) as of Q4 2017, up from 187 in Q3 2017.
  • Funds reported $1.99B of Cogent Communications stock for Q4 2017, down 8.4% quarter-over-quarter.
  • 42 funds opened new Cogent Communications positions in Q4 2017 and 23 closed out, a net change of +19 holders.
  • The largest Cogent Communications buyer in Q4 2017 was Invesco, an estimated $49.7M added.
  • The largest Cogent Communications seller in Q4 2017 was River Road Asset Management, an estimated $33.9M sold.

Based on aggregated 13F filings for Q4 2017.