GTT Communications, Inc.
GTT
GTT was delisted on the 1st of July, 2021.
131 hedge funds and large institutions have $1.41B invested in GTT Communications, Inc. in 2017 Q4 according to their latest regulatory filings, with 27 funds opening new positions, 43 increasing their positions, 46 reducing their positions, and 15 closing their positions.
80% more first-time investments, than exits
New positions opened: 27 | Existing positions closed: 15
57% more capital invested
Capital invested by funds: $899M → $1.41B (+$510M)
50% more call options, than puts
Call options by funds: $2.5M | Put options by funds: $1.67M
50% more funds holding in top 10
Funds holding in top 10: 8 → 12 (+4)
10% more funds holding
Funds holding: 119 → 131 (+12)
7% less repeat investments, than reductions
Existing positions increased: 43 | Existing positions reduced: 46
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SHIM
Spruce House Investment Management
New York
|
+$80.5M |
| 2 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$46.9M |
| 3 |
FWIA
Fort Washington Investment Advisors
Cincinnati,
Ohio
|
+$17M |
| 4 |
BAMCO Inc
New York
|
+$8.45M |
| 5 |
Allianz Asset Management
Munich,
Germany
|
+$7.57M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$22.9M |
| 2 |
SC
Spitfire Capital
Mill Valley,
California
|
-$15.4M |
| 3 |
SAM
Sentinel Asset Management
Montpelier,
Vermont
|
-$15.2M |
| 4 |
PM
Pembroke Management
Montreal,
Quebec, Canada
|
-$12.5M |
| 5 |
Millennium Management
New York
|
-$10.4M |
GTT Hedge Fund Activity: Q4 2017 in Review
131 of the 4,409 institutional investors tracked by Wall St. Rank reported a position in GTT Communications, Inc. (GTT) for Q4 2017, worth a combined $1.41B — up 57% from $899M a quarter earlier.
Buyers outnumbered sellers: 27 funds opened new GTT positions and 15 closed out — a net gain of 12 holders — while 43 added to existing stakes and 46 trimmed.
The largest buyer was Spruce House Investment Management, adding an estimated $80.5M. The largest seller was Royal Bank of Canada, cutting an estimated $22.9M.
- 131 institutional investors held GTT Communications, Inc. (GTT) as of Q4 2017, up from 119 in Q3 2017.
- Funds reported $1.41B of GTT Communications, Inc. stock for Q4 2017, up 57% quarter-over-quarter.
- 27 funds opened new GTT Communications, Inc. positions in Q4 2017 and 15 closed out, a net change of +12 holders.
- The largest GTT Communications, Inc. buyer in Q4 2017 was Spruce House Investment Management, an estimated $80.5M added.
- The largest GTT Communications, Inc. seller in Q4 2017 was Royal Bank of Canada, an estimated $22.9M sold.
Based on aggregated 13F filings for Q4 2017.