GTT Communications, Inc.
GTT
GTT was delisted on the 1st of July, 2021.
92 hedge funds and large institutions have $347M invested in GTT Communications, Inc. in 2020 Q1 according to their latest regulatory filings, with 8 funds opening new positions, 27 increasing their positions, 34 reducing their positions, and 23 closing their positions.
60% more call options, than puts
Call options by funds: $8.53M | Put options by funds: $5.34M
0% more funds holding in top 10
Funds holding in top 10: 4 → 4 (0)
16% less funds holding
Funds holding: 109 → 92 (-17)
21% less repeat investments, than reductions
Existing positions increased: 27 | Existing positions reduced: 34
35% less capital invested
Capital invested by funds: $532M → $347M (-$186M)
65% less first-time investments, than exits
New positions opened: 8 | Existing positions closed: 23
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GC
GMT Capital
Atlanta,
Georgia
|
+$6.63M |
| 2 |
Morgan Stanley
New York
|
+$3.16M |
| 3 |
Federated Hermes
Pittsburgh,
Pennsylvania
|
+$1.33M |
| 4 |
N
Nuveen
Charlotte,
North Carolina
|
+$1.07M |
| 5 |
Vanguard Group
Malvern,
Pennsylvania
|
+$1.02M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TP
Third Point
New York
|
-$17.3M |
| 2 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$6.6M |
| 3 |
Neuberger Berman Group
New York
|
-$4.53M |
| 4 |
MP
MFN Partners
Boston,
Massachusetts
|
-$3.79M |
| 5 |
MCPPUI
MIC Capital Partners (Public) (US) IM
Al Maryah Island Abu Dhabi,
United Arab Emirates
|
-$2.88M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
PP
101
PDT Partners
New York
| – | -$207K | -18,262 | Closed |
|
|
OAM
102
Oxford Asset Management
Oxford,
United Kingdom
| – | -$199K | -17,516 | Closed |
|
103
Walleye Capital
New York
| – | -$197K | -17,400 | Closed |
|
|
AC
104
Aristides Capital
Louisville,
Kentucky
| – | -$195K | -17,192 | Closed |
|
105
Two Sigma Advisers
New York
| – | -$179K | -15,800 | Closed |
|
|
BFM
106
Boothbay Fund Management
New York
| – | -$167K | -14,748 | Closed |
|
|
BAM
107
Blueshift Asset Management
Red Bank,
New Jersey
| – | -$158K | -13,882 | Closed |
|
|
OGC
108
One68 Global Capital
New York
| – | -$120K | -10,590 | Closed |
|
|
CSS
109
Cubist Systematic Strategies
Stamford,
Connecticut
| – | -$118K | -10,432 | Closed |
|
|
QT
110
Quantbot Technologies
New York
| – | -$63K | -5,573 | Closed |
|
|
FIA
111
FNY Investment Advisers
New York
| – | -$49K | -4,400 | Closed |
|
|
MPWT
112
MassMutual Private Wealth & Trust
Windsor,
Connecticut
| – | -$7K | -586 | Closed |
|
|
PHK
113
Point72 Hong Kong
Hong Kong
| – | -$6K | -529 | Closed |
|
114
Lazard Asset Management
New York
| – | -$1K | -144 | Closed |
|
GTT Hedge Fund Activity: Q1 2020 in Review
92 of the 4,538 institutional investors tracked by Wall St. Rank reported a position in GTT Communications, Inc. (GTT) for Q1 2020, worth a combined $347M — down 35% from $532M a quarter earlier.
Sellers outnumbered buyers: 23 funds closed out of GTT and 8 opened new positions — a net loss of 15 holders — while 34 trimmed existing stakes and 27 added.
The largest buyer was GMT Capital, opening a new position worth an estimated $6.63M. The largest seller was Third Point, exiting entirely with an estimated $17.3M sold.
- 92 institutional investors held GTT Communications, Inc. (GTT) as of Q1 2020, down from 109 in Q4 2019.
- Funds reported $347M of GTT Communications, Inc. stock for Q1 2020, down 35% quarter-over-quarter.
- 8 funds opened new GTT Communications, Inc. positions in Q1 2020 and 23 closed out, a net change of -15 holders.
- The largest GTT Communications, Inc. buyer in Q1 2020 was GMT Capital, an estimated $6.63M added.
- The largest GTT Communications, Inc. seller in Q1 2020 was Third Point, an estimated $17.3M sold.
Based on aggregated 13F filings for Q1 2020.