Cogent Communications
CCOI
283 hedge funds and large institutions have $2.87B invested in Cogent Communications in 2023 Q2 according to their latest regulatory filings, with 34 funds opening new positions, 92 increasing their positions, 110 reducing their positions, and 25 closing their positions.
250% more funds holding in top 10
Funds holding in top 10: 2 → 7 (+5)
36% more first-time investments, than exits
New positions opened: 34 | Existing positions closed: 25
8% more capital invested
Capital invested by funds: $2.67B → $2.87B (+$206M)
3% more funds holding
Funds holding: 274 → 283 (+9)
2.4% more ownership
Funds ownership: 86.13% → 88.53% (+2.4%)
8% more call options, than puts
Call options by funds: $7.98M | Put options by funds: $7.36M
16% less repeat investments, than reductions
Existing positions increased: 92 | Existing positions reduced: 110
Top Buyers
| 1 |
HCM
Harspring Capital Management
New York
|
+$30.4M |
| 2 |
BC
Beaconlight Capital
New York
|
+$18.9M |
| 3 |
Man Group
London,
United Kingdom
|
+$10.8M |
| 4 |
SIG
Senator Investment Group
New York
|
+$9.8M |
| 5 |
RC
Riposte Capital
New York
|
+$7.84M |
Top Sellers
| 1 |
Aberdeen Group
Edinburgh,
United Kingdom
|
-$8.68M |
| 2 |
Norges Bank
Oslo,
Norway
|
-$7.33M |
| 3 |
Invesco
Atlanta,
Georgia
|
-$7.24M |
| 4 |
Two Sigma Advisers
New York
|
-$5.85M |
| 5 |
Vanguard Group
Malvern,
Pennsylvania
|
-$4.83M |
CCOI Hedge Fund Activity: Q2 2023 in Review
283 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in Cogent Communications (CCOI) for Q2 2023, worth a combined $2.87B — up 7.7% from $2.67B a quarter earlier.
Buyers outnumbered sellers: 34 funds opened new CCOI positions and 25 closed out — a net gain of 9 holders — while 92 added to existing stakes and 110 trimmed.
The largest buyer was Harspring Capital Management, adding an estimated $30.4M. The largest seller was Aberdeen Group, cutting an estimated $8.68M.
- 283 institutional investors held Cogent Communications (CCOI) as of Q2 2023, up from 274 in Q1 2023.
- Funds reported $2.87B of Cogent Communications stock for Q2 2023, up 7.7% quarter-over-quarter.
- 34 funds opened new Cogent Communications positions in Q2 2023 and 25 closed out, a net change of +9 holders.
- The largest Cogent Communications buyer in Q2 2023 was Harspring Capital Management, an estimated $30.4M added.
- The largest Cogent Communications seller in Q2 2023 was Aberdeen Group, an estimated $8.68M sold.
Based on aggregated 13F filings for Q2 2023.