GTT Communications, Inc.
GTT
GTT was delisted on the 1st of July, 2021.
87 hedge funds and large institutions have $208M invested in GTT Communications, Inc. in 2020 Q3 according to their latest regulatory filings, with 9 funds opening new positions, 24 increasing their positions, 32 reducing their positions, and 14 closing their positions.
22% more call options, than puts
Call options by funds: $1.43M | Put options by funds: $1.17M
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
6% less funds holding
Funds holding: 93 → 87 (-6)
25% less repeat investments, than reductions
Existing positions increased: 24 | Existing positions reduced: 32
36% less first-time investments, than exits
New positions opened: 9 | Existing positions closed: 14
38% less capital invested
Capital invested by funds: $335M → $208M (-$127M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CM
Conifer Management
New York
|
+$8.98M |
| 2 |
Neuberger Berman Group
New York
|
+$3.34M |
| 3 |
BCM
Bridgeway Capital Management
Houston,
Texas
|
+$1.29M |
| 4 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$864K |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$461K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$4.45M |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
-$3.9M |
| 3 |
Federated Hermes
Pittsburgh,
Pennsylvania
|
-$1.9M |
| 4 |
GGHC
Gilder Gagnon Howe & Co
New York
|
-$1.46M |
| 5 |
BAM
Bullseye Asset Management
Denver,
Colorado
|
-$1.43M |
GTT Hedge Fund Activity: Q3 2020 in Review
87 of the 4,956 institutional investors tracked by Wall St. Rank reported a position in GTT Communications, Inc. (GTT) for Q3 2020, worth a combined $208M — down 38% from $335M a quarter earlier.
Sellers outnumbered buyers: 14 funds closed out of GTT and 9 opened new positions — a net loss of 5 holders — while 32 trimmed existing stakes and 24 added.
The largest buyer was Conifer Management, adding an estimated $8.98M. The largest seller was T. Rowe Price Associates, exiting entirely with an estimated $4.45M sold.
- 87 institutional investors held GTT Communications, Inc. (GTT) as of Q3 2020, down from 93 in Q2 2020.
- Funds reported $208M of GTT Communications, Inc. stock for Q3 2020, down 38% quarter-over-quarter.
- 9 funds opened new GTT Communications, Inc. positions in Q3 2020 and 14 closed out, a net change of -5 holders.
- The largest GTT Communications, Inc. buyer in Q3 2020 was Conifer Management, an estimated $8.98M added.
- The largest GTT Communications, Inc. seller in Q3 2020 was T. Rowe Price Associates, an estimated $4.45M sold.
Based on aggregated 13F filings for Q3 2020.