Cogent Communications
CCOI
254 hedge funds and large institutions have $2.8B invested in Cogent Communications in 2021 Q1 according to their latest regulatory filings, with 41 funds opening new positions, 95 increasing their positions, 86 reducing their positions, and 45 closing their positions.
471% more call options, than puts
Call options by funds: $17.3M | Put options by funds: $3.03M
25% more funds holding in top 10
Funds holding in top 10: 4 → 5 (+1)
15% more capital invested
Capital invested by funds: $2.43B → $2.8B (+$371M)
10% more repeat investments, than reductions
Existing positions increased: 95 | Existing positions reduced: 86
0.04% more ownership
Funds ownership: 86.02% → 86.06% (+0.04%)
9% less first-time investments, than exits
New positions opened: 41 | Existing positions closed: 45
2% less funds holding
Funds holding: 259 → 254 (-5)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Westfield Capital Management
Boston,
Massachusetts
|
+$29.4M |
| 2 |
CVA
Ceredex Value Advisors
Orlando,
Florida
|
+$24.7M |
| 3 |
IECM
Intrinsic Edge Capital Management
Chicago,
Illinois
|
+$20.3M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
+$13.8M |
| 5 |
VNIM
Vaughan Nelson Investment Management
Houston,
Texas
|
+$13.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Allianz Asset Management
Munich,
Germany
|
-$30.8M |
| 2 |
Renaissance Technologies
New York
|
-$25.8M |
| 3 |
ZP
Zimmer Partners
New York
|
-$21.7M |
| 4 |
Fidelity Investments
Boston,
Massachusetts
|
-$17.3M |
| 5 |
Citadel Advisors
Miami,
Florida
|
-$14.5M |
CCOI Hedge Fund Activity: Q1 2021 in Review
254 of the 5,695 institutional investors tracked by Wall St. Rank reported a position in Cogent Communications (CCOI) for Q1 2021, worth a combined $2.8B — up 15% from $2.43B a quarter earlier.
Sellers outnumbered buyers: 45 funds closed out of CCOI and 41 opened new positions — a net loss of 4 holders — while 86 trimmed existing stakes and 95 added.
The largest buyer was Westfield Capital Management, opening a new position worth an estimated $29.4M. The largest seller was Allianz Asset Management, cutting an estimated $30.8M.
- 254 institutional investors held Cogent Communications (CCOI) as of Q1 2021, down from 259 in Q4 2020.
- Funds reported $2.8B of Cogent Communications stock for Q1 2021, up 15% quarter-over-quarter.
- 41 funds opened new Cogent Communications positions in Q1 2021 and 45 closed out, a net change of -4 holders.
- The largest Cogent Communications buyer in Q1 2021 was Westfield Capital Management, an estimated $29.4M added.
- The largest Cogent Communications seller in Q1 2021 was Allianz Asset Management, an estimated $30.8M sold.
Based on aggregated 13F filings for Q1 2021.