Cogent Communications
CCOI
311 hedge funds and large institutions have $3.34B invested in Cogent Communications in 2023 Q4 according to their latest regulatory filings, with 46 funds opening new positions, 104 increasing their positions, 116 reducing their positions, and 40 closing their positions.
128% more call options, than puts
Call options by funds: $18.1M | Put options by funds: $7.94M
67% more funds holding in top 10
Funds holding in top 10: 6 → 10 (+4)
28% more capital invested
Capital invested by funds: $2.61B → $3.34B (+$725M)
15% more first-time investments, than exits
New positions opened: 46 | Existing positions closed: 40
3.98% more ownership
Funds ownership: 86.3% → 90.27% (+4%)
0% more funds holding
Funds holding: 310 → 311 (+1)
10% less repeat investments, than reductions
Existing positions increased: 104 | Existing positions reduced: 116
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WHG
Westwood Holdings Group
Dallas,
Texas
|
+$42.3M |
| 2 |
Citadel Advisors
Miami,
Florida
|
+$36M |
| 3 |
BlackRock
New York
|
+$21M |
| 4 |
Jennison Associates
New York
|
+$17.6M |
| 5 |
Capital World Investors
Los Angeles,
California
|
+$15.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VNIM
Vaughan Nelson Investment Management
Houston,
Texas
|
-$34.6M |
| 2 |
Dimensional Fund Advisors
Austin,
Texas
|
-$19.5M |
| 3 |
PCM
Portolan Capital Management
Boston,
Massachusetts
|
-$14.9M |
| 4 |
Natixis Advisors
Boston,
Massachusetts
|
-$11.7M |
| 5 |
Renaissance Technologies
New York
|
-$9.96M |
CCOI Hedge Fund Activity: Q4 2023 in Review
311 of the 6,869 institutional investors tracked by Wall St. Rank reported a position in Cogent Communications (CCOI) for Q4 2023, worth a combined $3.34B — up 28% from $2.61B a quarter earlier.
Buyers outnumbered sellers: 46 funds opened new CCOI positions and 40 closed out — a net gain of 6 holders — while 104 added to existing stakes and 116 trimmed.
The largest buyer was Westwood Holdings Group, opening a new position worth an estimated $42.3M. The largest seller was Vaughan Nelson Investment Management, exiting entirely with an estimated $34.6M sold.
- 311 institutional investors held Cogent Communications (CCOI) as of Q4 2023, up from 310 in Q3 2023.
- Funds reported $3.34B of Cogent Communications stock for Q4 2023, up 28% quarter-over-quarter.
- 46 funds opened new Cogent Communications positions in Q4 2023 and 40 closed out, a net change of +6 holders.
- The largest Cogent Communications buyer in Q4 2023 was Westwood Holdings Group, an estimated $42.3M added.
- The largest Cogent Communications seller in Q4 2023 was Vaughan Nelson Investment Management, an estimated $34.6M sold.
Based on aggregated 13F filings for Q4 2023.