GTT Communications, Inc.
GTT
GTT was delisted on the 1st of July, 2021.
121 hedge funds and large institutions have $554M invested in GTT Communications, Inc. in 2017 Q1 according to their latest regulatory filings, with 30 funds opening new positions, 44 increasing their positions, 33 reducing their positions, and 8 closing their positions.
275% more first-time investments, than exits
New positions opened: 30 | Existing positions closed: 8
33% more repeat investments, than reductions
Existing positions increased: 44 | Existing positions reduced: 33
14% more funds holding
Funds holding: 106 → 121 (+15)
7% less call options, than puts
Call options by funds: $1.24M | Put options by funds: $1.33M
16% less capital invested
Capital invested by funds: $658M → $554M (-$104M)
50% less funds holding in top 10
Funds holding in top 10: 8 → 4 (-4)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$44.9M |
| 2 |
FAM
Fred Alger Management
New York
|
+$36.8M |
| 3 |
Bank of New York Mellon
New York
|
+$4.27M |
| 4 |
KCM
Kennedy Capital Management
St Louis,
Missouri
|
+$4.21M |
| 5 |
EI
EAM Investors
Solana Beach,
California
|
+$3.36M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KI
Kalmar Investments
Greenville,
Delaware
|
-$11.1M |
| 2 |
LSC
Lyon Street Capital
Sausalito,
California
|
-$6.53M |
| 3 |
DCM
Driehaus Capital Management
Chicago,
Illinois
|
-$5.27M |
| 4 |
SC
Spitfire Capital
Mill Valley,
California
|
-$4.31M |
| 5 |
GIM
Granahan Investment Management
Waltham,
Massachusetts
|
-$2.63M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
SST
126
S Squared Technology
New York
| – | -$356K | -12,372 | Closed |
|
127
Goldman Sachs
New York
| – | -$327K | -11,359 | Closed |
|
128
Prudential Financial
Newark,
New Jersey
| – | -$204K | -7,103 | Closed |
|
|
CG
129
Cutler Group
San Francisco,
California
| – | +$353 | +13 | New |
|
GTT Hedge Fund Activity: Q1 2017 in Review
121 of the 4,017 institutional investors tracked by Wall St. Rank reported a position in GTT Communications, Inc. (GTT) for Q1 2017, worth a combined $554M — down 16% from $658M a quarter earlier.
Buyers outnumbered sellers: 30 funds opened new GTT positions and 8 closed out — a net gain of 22 holders — while 44 added to existing stakes and 33 trimmed.
The largest buyer was BlackRock, adding an estimated $44.9M. The largest seller was Kalmar Investments, cutting an estimated $11.1M.
- 121 institutional investors held GTT Communications, Inc. (GTT) as of Q1 2017, up from 106 in Q4 2016.
- Funds reported $554M of GTT Communications, Inc. stock for Q1 2017, down 16% quarter-over-quarter.
- 30 funds opened new GTT Communications, Inc. positions in Q1 2017 and 8 closed out, a net change of +22 holders.
- The largest GTT Communications, Inc. buyer in Q1 2017 was BlackRock, an estimated $44.9M added.
- The largest GTT Communications, Inc. seller in Q1 2017 was Kalmar Investments, an estimated $11.1M sold.
Based on aggregated 13F filings for Q1 2017.