GTT Communications, Inc.
GTT
GTT was delisted on the 1st of July, 2021.
128 hedge funds and large institutions have $2.02B invested in GTT Communications, Inc. in 2018 Q3 according to their latest regulatory filings, with 15 funds opening new positions, 61 increasing their positions, 29 reducing their positions, and 28 closing their positions.
110% more repeat investments, than reductions
Existing positions increased: 61 | Existing positions reduced: 29
17% more funds holding in top 10
Funds holding in top 10: 6 → 7 (+1)
8% more capital invested
Capital invested by funds: $1.87B → $2.02B (+$152M)
10% less funds holding
Funds holding: 142 → 128 (-14)
43% less call options, than puts
Call options by funds: $19.5M | Put options by funds: $34.5M
46% less first-time investments, than exits
New positions opened: 15 | Existing positions closed: 28
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SHIM
Spruce House Investment Management
New York
|
+$75.9M |
| 2 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$57.8M |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
+$34.8M |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$24.9M |
| 5 |
Morgan Stanley
New York
|
+$18.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FWIA
Fort Washington Investment Advisors
Cincinnati,
Ohio
|
-$16.7M |
| 2 |
FAM
Fred Alger Management
New York
|
-$14.7M |
| 3 |
EA
Emerald Advisers
Leola,
Pennsylvania
|
-$14.1M |
| 4 |
EMFAT
Emerald Mutual Fund Advisers Trust
Leola,
Pennsylvania
|
-$10.8M |
| 5 |
Allianz Asset Management
Munich,
Germany
|
-$10.1M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
TRCT
151
Tower Research Capital (TRC)
New York
| – | -$213K | -4,743 | Closed |
|
152
Walleye Trading
New York
| – | -$161K | -3,766 | Closed |
|
153
Fifth Third Bancorp
Cincinnati,
Ohio
| – | -$50K | -1,118 | Closed |
|
|
LTFS
154
Ladenburg Thalmann Financial Services
Miami,
Florida
| – | -$52K | -910 | Closed |
|
|
PIA
155
Piedmont Investment Advisors
Durham,
North Carolina
| – | -$27K | -606 | Closed |
|
|
SAM
156
Shamrock Asset Management
Dallas,
Texas
| – | -$4K | -90 | Closed |
|
GTT Hedge Fund Activity: Q3 2018 in Review
128 of the 4,374 institutional investors tracked by Wall St. Rank reported a position in GTT Communications, Inc. (GTT) for Q3 2018, worth a combined $2.02B — up 8.1% from $1.87B a quarter earlier.
Sellers outnumbered buyers: 28 funds closed out of GTT and 15 opened new positions — a net loss of 13 holders — while 29 trimmed existing stakes and 61 added.
The largest buyer was Spruce House Investment Management, adding an estimated $75.9M. The largest seller was Fort Washington Investment Advisors, exiting entirely with an estimated $16.7M sold.
- 128 institutional investors held GTT Communications, Inc. (GTT) as of Q3 2018, down from 142 in Q2 2018.
- Funds reported $2.02B of GTT Communications, Inc. stock for Q3 2018, up 8.1% quarter-over-quarter.
- 15 funds opened new GTT Communications, Inc. positions in Q3 2018 and 28 closed out, a net change of -13 holders.
- The largest GTT Communications, Inc. buyer in Q3 2018 was Spruce House Investment Management, an estimated $75.9M added.
- The largest GTT Communications, Inc. seller in Q3 2018 was Fort Washington Investment Advisors, an estimated $16.7M sold.
Based on aggregated 13F filings for Q3 2018.