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Cogent Communications

202 hedge funds and large institutions have $2.27B invested in Cogent Communications in 2018 Q2 according to their latest regulatory filings, with 32 funds opening new positions, 66 increasing their positions, 61 reducing their positions, and 24 closing their positions.

New
Increased
Maintained
Reduced
Closed

59% more call options, than puts

Call options by funds: $8.07M | Put options by funds: $5.09M

33% more first-time investments, than exits

New positions opened: 32 | Existing positions closed: 24

21% more capital invested

Capital invested by funds: $1.87B → $2.27B (+$393M)

3% more funds holding

Funds holding: 196202 (+6)

8% more repeat investments, than reductions

Existing positions increased: 66 | Existing positions reduced: 61

1.48% less ownership

Funds ownership: 93.11%91.63% (-1.5%)

33% less funds holding in top 10

Funds holding in top 10: 32 (-1)

Holders
202
Holders Change
+6
Holders Change %
+3.06%
% of All Funds
4.62%
Holding in Top 10
2
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-33.33%
% of All Funds
0.05%
New
32
Increased
66
Reduced
61
Closed
24
Calls
$8.07M
Puts
$5.09M
Net Calls
+$2.98M
Net Calls Change
+$4.11M
Name Holding Trade Value Shares
Change
Change in
Stake
BlackRock
1
BlackRock
New York
$343M +$14.3M +287,668 +5%
Vanguard Group
2
Vanguard Group
Pennsylvania
$240M -$3.66M -73,583 -2%
Renaissance Technologies
3
Renaissance Technologies
New York
$176M +$14.2M +285,400 +10%
Brown Advisory
4
Brown Advisory
Maryland
$112M +$4.36M +87,707 +4%
First Trust Advisors
5
First Trust Advisors
Illinois
$98.8M +$262K +5,273 +0.3%
Jennison Associates
6
Jennison Associates
New York
$78.7M -$22.6M -454,069 -24%
Dimensional Fund Advisors
7
Dimensional Fund Advisors
Texas
$72.4M +$188K +3,782 +0.3%
Fidelity Investments
8
Fidelity Investments
Massachusetts
$71.6M -$34.3M -689,558 -34%
State Street
9
State Street
Massachusetts
$64.1M +$3.41M +68,661 +6%
FCM
10
Frontier Capital Management
Massachusetts
$62.8M -$3.18M -64,030 -5%
Invesco
11
Invesco
Georgia
$60.9M +$116K +2,325 +0.2%
MC
12
MIG Capital
California
$48.4M -$9.9M -199,123 -18%
Bank of New York Mellon
13
Bank of New York Mellon
New York
$44.4M +$186K +3,752 +0.5%
Loomis, Sayles & Company
14
Loomis, Sayles & Company
Massachusetts
$38.3M -$157K -3,158 -0.4%
Goldman Sachs
15
Goldman Sachs
New York
$31.7M -$2M -40,228 -6%
TCM
16
TimesSquare Capital Management
New York
$31.3M -$4.71M -94,735 -14%
Northern Trust
17
Northern Trust
Illinois
$31.2M +$648K +13,038 +2%
Capital World Investors
18
Capital World Investors
California
$30.2M
RIM
19
Ranger Investment Management
Texas
$29.8M +$6.41M +129,063 +30%
AAM
20
Advisors Asset Management
Colorado
$25.3M +$8.5M +171,113 +57%
Norges Bank
21
Norges Bank
Norway
$24.9M
Geode Capital Management
22
Geode Capital Management
Massachusetts
$22.2M +$1.51M +30,356 +8%
State of New Jersey Common Pension Fund D
23
State of New Jersey Common Pension Fund D
New Jersey
$21.4M -$7.95M -160,000 -29%
Man Group
24
Man Group
United Kingdom
$21.1M -$5.84M -117,477 -23%
BFM
25
Boston Financial Management
Massachusetts
$20.9M +$201K +4,048 +1%

CCOI Hedge Fund Activity: Q2 2018 in Review

202 of the 4,368 institutional investors tracked by Wall St. Rank reported a position in Cogent Communications (CCOI) for Q2 2018, worth a combined $2.27B — up 21% from $1.87B a quarter earlier.

Buyers outnumbered sellers: 32 funds opened new CCOI positions and 24 closed out — a net gain of 8 holders — while 66 added to existing stakes and 61 trimmed.

The largest buyer was BlackRock, adding an estimated $14.3M. The largest seller was Fidelity Investments, cutting an estimated $34.3M.

  • 202 institutional investors held Cogent Communications (CCOI) as of Q2 2018, up from 196 in Q1 2018.
  • Funds reported $2.27B of Cogent Communications stock for Q2 2018, up 21% quarter-over-quarter.
  • 32 funds opened new Cogent Communications positions in Q2 2018 and 24 closed out, a net change of +8 holders.
  • The largest Cogent Communications buyer in Q2 2018 was BlackRock, an estimated $14.3M added.
  • The largest Cogent Communications seller in Q2 2018 was Fidelity Investments, an estimated $34.3M sold.

Based on aggregated 13F filings for Q2 2018.