Cogent Communications
CCOI
294 hedge funds and large institutions have $2.36B invested in Cogent Communications in 2025 Q2 according to their latest regulatory filings, with 38 funds opening new positions, 113 increasing their positions, 106 reducing their positions, and 61 closing their positions.
5.1% more ownership
Funds ownership: 93.89% → 98.99% (+5.1%)
7% more repeat investments, than reductions
Existing positions increased: 113 | Existing positions reduced: 106
4% more call options, than puts
Call options by funds: $25.1M | Put options by funds: $24.1M
8% less funds holding
Funds holding: 320 → 294 (-26)
17% less capital invested
Capital invested by funds: $2.84B → $2.36B (-$484M)
27% less funds holding in top 10
Funds holding in top 10: 11 → 8 (-3)
38% less first-time investments, than exits
New positions opened: 38 | Existing positions closed: 61
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TCAM
Turtle Creek Asset Management
Toronto,
Ontario, Canada
|
+$134M |
| 2 |
MG
Magnolia Group
Omaha,
Nebraska
|
+$55.5M |
| 3 |
Invesco
Atlanta,
Georgia
|
+$23.3M |
| 4 |
Qube Research & Technologies (QRT)
London,
United Kingdom
|
+$20.6M |
| 5 |
Morgan Stanley
New York
|
+$16.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HRCM
Hood River Capital Management
Palm Beach Gardens,
Florida
|
-$74.3M |
| 2 |
WHG
Westwood Holdings Group
Dallas,
Texas
|
-$41.3M |
| 3 |
Ameriprise
Minneapolis,
Minnesota
|
-$33.4M |
| 4 |
Dimensional Fund Advisors
Austin,
Texas
|
-$21.3M |
| 5 |
DG
DigitalBridge Group
Boca Raton,
Florida
|
-$19.9M |
CCOI Hedge Fund Activity: Q2 2025 in Review
294 of the 7,596 institutional investors tracked by Wall St. Rank reported a position in Cogent Communications (CCOI) for Q2 2025, worth a combined $2.36B — down 17% from $2.84B a quarter earlier.
Sellers outnumbered buyers: 61 funds closed out of CCOI and 38 opened new positions — a net loss of 23 holders — while 106 trimmed existing stakes and 113 added.
The largest buyer was Turtle Creek Asset Management, adding an estimated $134M. The largest seller was Hood River Capital Management, exiting entirely with an estimated $74.3M sold.
- 294 institutional investors held Cogent Communications (CCOI) as of Q2 2025, down from 320 in Q1 2025.
- Funds reported $2.36B of Cogent Communications stock for Q2 2025, down 17% quarter-over-quarter.
- 38 funds opened new Cogent Communications positions in Q2 2025 and 61 closed out, a net change of -23 holders.
- The largest Cogent Communications buyer in Q2 2025 was Turtle Creek Asset Management, an estimated $134M added.
- The largest Cogent Communications seller in Q2 2025 was Hood River Capital Management, an estimated $74.3M sold.
Based on aggregated 13F filings for Q2 2025.