GTT Communications, Inc.
GTT
GTT was delisted on the 1st of July, 2021.
120 hedge funds and large institutions have $768M invested in GTT Communications, Inc. in 2017 Q2 according to their latest regulatory filings, with 16 funds opening new positions, 56 increasing their positions, 38 reducing their positions, and 16 closing their positions.
50% more funds holding in top 10
Funds holding in top 10: 4 → 6 (+2)
47% more repeat investments, than reductions
Existing positions increased: 56 | Existing positions reduced: 38
39% more capital invested
Capital invested by funds: $554M → $768M (+$214M)
14% more call options, than puts
Call options by funds: $1.92M | Put options by funds: $1.69M
0% more first-time investments, than exits
New positions opened: 16 | Existing positions closed: 16
1% less funds holding
Funds holding: 121 → 120 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BAMCO Inc
New York
|
+$40M |
| 2 |
Russell Investments Group
London,
United Kingdom
|
+$8.32M |
| 3 |
CSC
Cove Street Capital
El Segundo,
California
|
+$7.96M |
| 4 |
Bank of Montreal
Toronto,
Ontario, Canada
|
+$6.69M |
| 5 |
EA
Emerald Advisers
Leola,
Pennsylvania
|
+$5.76M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FAM
Fred Alger Management
New York
|
-$18.4M |
| 2 |
SAM
Sentinel Asset Management
Montpelier,
Vermont
|
-$5.67M |
| 3 |
Morgan Stanley
New York
|
-$4.2M |
| 4 |
KCM
Kennedy Capital Management
St Louis,
Missouri
|
-$3.66M |
| 5 |
PI
Putnam Investments
Boston,
Massachusetts
|
-$3.24M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
SC
126
Skylands Capital
Milwaukee,
Wisconsin
| – | -$665K | -27,300 | Closed |
|
|
TC
127
TFS Capital
West Chester,
Pennsylvania
| – | -$657K | -26,993 | Closed |
|
128
Millennium Management
New York
| – | -$639K | -26,250 | Closed |
|
129
Wolverine Trading
Chicago,
Illinois
| – | -$546K | -18,439 | Closed |
|
|
EMG
130
Ellington Management Group
Old Greenwich,
Connecticut
| – | -$429K | -17,600 | Closed |
|
|
CSS
131
Cubist Systematic Strategies
Stamford,
Connecticut
| – | -$208K | -8,549 | Closed |
|
|
AIM
132
Acrospire Investment Management
Chicago,
Illinois
| – | -$52K | -2,140 | Closed |
|
|
SCM
133
Segantii Capital Management
Hong Kong
| – | -$39K | -1,600 | Closed |
|
134
Creative Planning
Overland Park,
Kansas
| – | -$24K | -1,000 | Closed |
|
|
TRCT
135
Tower Research Capital (TRC)
New York
| – | -$13K | -517 | Closed |
|
|
PHK
136
Point72 Hong Kong
Hong Kong
| – | -$5K | -216 | Closed |
|
GTT Hedge Fund Activity: Q2 2017 in Review
120 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in GTT Communications, Inc. (GTT) for Q2 2017, worth a combined $768M — up 39% from $554M a quarter earlier.
Fund positioning in GTT was balanced in Q2 2017: 16 funds opened new positions, 16 closed out, 56 added to existing stakes and 38 trimmed.
The largest buyer was BAMCO Inc, opening a new position worth an estimated $40M. The largest seller was Fred Alger Management, cutting an estimated $18.4M.
- 120 institutional investors held GTT Communications, Inc. (GTT) as of Q2 2017, down from 121 in Q1 2017.
- Funds reported $768M of GTT Communications, Inc. stock for Q2 2017, up 39% quarter-over-quarter.
- 16 funds opened new GTT Communications, Inc. positions in Q2 2017 and 16 closed out, a net change of 0 holders.
- The largest GTT Communications, Inc. buyer in Q2 2017 was BAMCO Inc, an estimated $40M added.
- The largest GTT Communications, Inc. seller in Q2 2017 was Fred Alger Management, an estimated $18.4M sold.
Based on aggregated 13F filings for Q2 2017.