GTT Communications, Inc.
GTT
GTT was delisted on the 1st of July, 2021.
142 hedge funds and large institutions have $1.87B invested in GTT Communications, Inc. in 2018 Q2 according to their latest regulatory filings, with 19 funds opening new positions, 61 increasing their positions, 42 reducing their positions, and 16 closing their positions.
45% more repeat investments, than reductions
Existing positions increased: 61 | Existing positions reduced: 42
19% more first-time investments, than exits
New positions opened: 19 | Existing positions closed: 16
11% more capital invested
Capital invested by funds: $1.69B → $1.87B (+$185M)
1% more funds holding
Funds holding: 140 → 142 (+2)
40% less funds holding in top 10
Funds holding in top 10: 10 → 6 (-4)
45% less call options, than puts
Call options by funds: $14.6M | Put options by funds: $26.7M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CPI
Crestview Partners III
New York
|
+$196M |
| 2 |
SHIM
Spruce House Investment Management
New York
|
+$191M |
| 3 |
RCG
Ruane, Cunniff & Goldfarb
New York
|
+$89.8M |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
+$40.4M |
| 5 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$22.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of Montreal
Toronto,
Ontario, Canada
|
-$14.8M |
| 2 |
DCM
Driehaus Capital Management
Chicago,
Illinois
|
-$13.2M |
| 3 |
CM
Castleark Management
Chicago,
Illinois
|
-$12.4M |
| 4 |
SGM
Skye Global Management
West Palm Beach,
Florida
|
-$8.49M |
| 5 |
EA
Emerald Advisers
Leola,
Pennsylvania
|
-$7.94M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
FA
151
FCG Advisors
Chatham,
New Jersey
| – | -$220K | -3,876 | Closed |
|
152
SG Americas Securities
New York
| – | -$123K | -2,178 | Closed |
|
|
IFAM
153
Institutional & Family Asset Management
Fort Collins,
Colorado
| – | -$70K | -1,240 | Closed |
|
|
FANJ
154
Financial Architects (New Jersey)
Marlton,
New Jersey
| – | -$40K | -700 | Closed |
|
|
FPFS
155
First Personal Financial Services
Charlotte,
North Carolina
| – | -$32K | -566 | Closed |
|
|
GWM
156
Geneos Wealth Management
Englewood,
Colorado
| – | -$26K | -472 | Closed |
|
|
CG
157
Cutler Group
San Francisco,
California
| – | -$11K | -200 | Closed |
|
|
SWP
158
Stratos Wealth Partners
Beachwood,
Ohio
| – | -$4K | -69 | Closed |
|
GTT Hedge Fund Activity: Q2 2018 in Review
142 of the 4,368 institutional investors tracked by Wall St. Rank reported a position in GTT Communications, Inc. (GTT) for Q2 2018, worth a combined $1.87B — up 11% from $1.69B a quarter earlier.
Buyers outnumbered sellers: 19 funds opened new GTT positions and 16 closed out — a net gain of 3 holders — while 61 added to existing stakes and 42 trimmed.
The largest buyer was Crestview Partners III, opening a new position worth an estimated $196M. The largest seller was Bank of Montreal, cutting an estimated $14.8M.
- 142 institutional investors held GTT Communications, Inc. (GTT) as of Q2 2018, up from 140 in Q1 2018.
- Funds reported $1.87B of GTT Communications, Inc. stock for Q2 2018, up 11% quarter-over-quarter.
- 19 funds opened new GTT Communications, Inc. positions in Q2 2018 and 16 closed out, a net change of +3 holders.
- The largest GTT Communications, Inc. buyer in Q2 2018 was Crestview Partners III, an estimated $196M added.
- The largest GTT Communications, Inc. seller in Q2 2018 was Bank of Montreal, an estimated $14.8M sold.
Based on aggregated 13F filings for Q2 2018.