GTT Communications, Inc.
GTT
GTT was delisted on the 1st of July, 2021.
109 hedge funds and large institutions have $532M invested in GTT Communications, Inc. in 2019 Q4 according to their latest regulatory filings, with 27 funds opening new positions, 29 increasing their positions, 32 reducing their positions, and 18 closing their positions.
50% more first-time investments, than exits
New positions opened: 27 | Existing positions closed: 18
41% more capital invested
Capital invested by funds: $379M → $532M (+$154M)
33% more funds holding in top 10
Funds holding in top 10: 3 → 4 (+1)
18% more call options, than puts
Call options by funds: $7.83M | Put options by funds: $6.64M
8% more funds holding
Funds holding: 101 → 109 (+8)
9% less repeat investments, than reductions
Existing positions increased: 29 | Existing positions reduced: 32
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SHIM
Spruce House Investment Management
New York
|
+$16.2M |
| 2 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$15.2M |
| 3 |
JPMIA
J.P. Marvel Investment Advisors
Boston,
Massachusetts
|
+$8.46M |
| 4 |
FTI
Fiduciary Trust International
Lincoln,
Massachusetts
|
+$7.17M |
| 5 |
Vanguard Group
Malvern,
Pennsylvania
|
+$3.27M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TP
Third Point
New York
|
-$12.9M |
| 2 |
PC
Phoenician Capital
New York
|
-$5.49M |
| 3 |
GC
GMT Capital
Atlanta,
Georgia
|
-$5.22M |
| 4 |
Neuberger Berman Group
New York
|
-$3.4M |
| 5 |
BM
Bislett Management
Palo Alto,
California
|
-$2.51M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
126
Skandinaviska Enskilda Banken (SEB)
Stockholm,
Sweden
| – | -$3K | -280 | Closed |
|
GTT Hedge Fund Activity: Q4 2019 in Review
109 of the 5,075 institutional investors tracked by Wall St. Rank reported a position in GTT Communications, Inc. (GTT) for Q4 2019, worth a combined $532M — up 41% from $379M a quarter earlier.
Buyers outnumbered sellers: 27 funds opened new GTT positions and 18 closed out — a net gain of 9 holders — while 29 added to existing stakes and 32 trimmed.
The largest buyer was Spruce House Investment Management, adding an estimated $16.2M. The largest seller was Third Point, cutting an estimated $12.9M.
- 109 institutional investors held GTT Communications, Inc. (GTT) as of Q4 2019, up from 101 in Q3 2019.
- Funds reported $532M of GTT Communications, Inc. stock for Q4 2019, up 41% quarter-over-quarter.
- 27 funds opened new GTT Communications, Inc. positions in Q4 2019 and 18 closed out, a net change of +9 holders.
- The largest GTT Communications, Inc. buyer in Q4 2019 was Spruce House Investment Management, an estimated $16.2M added.
- The largest GTT Communications, Inc. seller in Q4 2019 was Third Point, an estimated $12.9M sold.
Based on aggregated 13F filings for Q4 2019.