Cogent Communications
CCOI
290 hedge funds and large institutions have $3.11B invested in Cogent Communications in 2020 Q2 according to their latest regulatory filings, with 47 funds opening new positions, 94 increasing their positions, 115 reducing their positions, and 35 closing their positions.
168% more call options, than puts
Call options by funds: $13.5M | Put options by funds: $5.05M
34% more first-time investments, than exits
New positions opened: 47 | Existing positions closed: 35
3% more funds holding
Funds holding: 282 → 290 (+8)
1.68% less ownership
Funds ownership: 86.87% → 85.2% (-1.7%)
8% less capital invested
Capital invested by funds: $3.36B → $3.11B (-$256M)
18% less repeat investments, than reductions
Existing positions increased: 94 | Existing positions reduced: 115
100% less funds holding in top 10
Funds holding in top 10: 12 → 0 (-12)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Invesco
Atlanta,
Georgia
|
+$31.6M |
| 2 |
Robeco Institutional Asset Management
Rotterdam,
Netherlands
|
+$26.5M |
| 3 |
ZP
Zimmer Partners
New York
|
+$22.1M |
| 4 |
Balyasny Asset Management
Chicago,
Illinois
|
+$12.9M |
| 5 |
Pacer Advisors
Malvern,
Pennsylvania
|
+$9.65M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Capital World Investors
Los Angeles,
California
|
-$46.3M |
| 2 |
HRCM
Hood River Capital Management
Palm Beach Gardens,
Florida
|
-$32.9M |
| 3 |
Nuveen
Charlotte,
North Carolina
|
-$19M |
| 4 |
Fidelity Investments
Boston,
Massachusetts
|
-$16.4M |
| 5 |
BlackRock
New York
|
-$10.5M |
CCOI Hedge Fund Activity: Q2 2020 in Review
290 of the 4,888 institutional investors tracked by Wall St. Rank reported a position in Cogent Communications (CCOI) for Q2 2020, worth a combined $3.11B — down 7.6% from $3.36B a quarter earlier.
Buyers outnumbered sellers: 47 funds opened new CCOI positions and 35 closed out — a net gain of 12 holders — while 94 added to existing stakes and 115 trimmed.
The largest buyer was Invesco, adding an estimated $31.6M. The largest seller was Capital World Investors, exiting entirely with an estimated $46.3M sold.
- 290 institutional investors held Cogent Communications (CCOI) as of Q2 2020, up from 282 in Q1 2020.
- Funds reported $3.11B of Cogent Communications stock for Q2 2020, down 7.6% quarter-over-quarter.
- 47 funds opened new Cogent Communications positions in Q2 2020 and 35 closed out, a net change of +12 holders.
- The largest Cogent Communications buyer in Q2 2020 was Invesco, an estimated $31.6M added.
- The largest Cogent Communications seller in Q2 2020 was Capital World Investors, an estimated $46.3M sold.
Based on aggregated 13F filings for Q2 2020.