Cogent Communications
CCOI
284 hedge funds and large institutions have $2.3B invested in Cogent Communications in 2022 Q4 according to their latest regulatory filings, with 48 funds opening new positions, 121 increasing their positions, 81 reducing their positions, and 20 closing their positions.
140% more first-time investments, than exits
New positions opened: 48 | Existing positions closed: 20
50% more funds holding in top 10
Funds holding in top 10: 2 → 3 (+1)
49% more repeat investments, than reductions
Existing positions increased: 121 | Existing positions reduced: 81
8% more funds holding
Funds holding: 263 → 284 (+21)
7% more capital invested
Capital invested by funds: $2.16B → $2.3B (+$141M)
2.12% less ownership
Funds ownership: 85.99% → 83.87% (-2.1%)
67% less call options, than puts
Call options by funds: $1.81M | Put options by funds: $5.42M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Norges Bank
Oslo,
Norway
|
+$15.6M |
| 2 |
Victory Capital Management
San Antonio,
Texas
|
+$14.3M |
| 3 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$10.1M |
| 4 |
BRIM
Broad Run Investment Management
Arlington,
Virginia
|
+$8.32M |
| 5 |
CCM
Copeland Capital Management
Conshohocken,
Pennsylvania
|
+$6.26M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Pacer Advisors
Malvern,
Pennsylvania
|
-$30M |
| 2 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$18M |
| 3 |
PCA
Personal Capital Advisors
Redwood City,
California
|
-$10.3M |
| 4 |
Westfield Capital Management
Boston,
Massachusetts
|
-$10.1M |
| 5 |
SSA
Schonfeld Strategic Advisors
New York
|
-$8.65M |
CCOI Hedge Fund Activity: Q4 2022 in Review
284 of the 6,237 institutional investors tracked by Wall St. Rank reported a position in Cogent Communications (CCOI) for Q4 2022, worth a combined $2.3B — up 6.5% from $2.16B a quarter earlier.
Buyers outnumbered sellers: 48 funds opened new CCOI positions and 20 closed out — a net gain of 28 holders — while 121 added to existing stakes and 81 trimmed.
The largest buyer was Norges Bank, adding an estimated $15.6M. The largest seller was Pacer Advisors, exiting entirely with an estimated $30M sold.
- 284 institutional investors held Cogent Communications (CCOI) as of Q4 2022, up from 263 in Q3 2022.
- Funds reported $2.3B of Cogent Communications stock for Q4 2022, up 6.5% quarter-over-quarter.
- 48 funds opened new Cogent Communications positions in Q4 2022 and 20 closed out, a net change of +28 holders.
- The largest Cogent Communications buyer in Q4 2022 was Norges Bank, an estimated $15.6M added.
- The largest Cogent Communications seller in Q4 2022 was Pacer Advisors, an estimated $30M sold.
Based on aggregated 13F filings for Q4 2022.