GTT Communications, Inc.
GTT
GTT was delisted on the 1st of July, 2021.
130 hedge funds and large institutions have $1.16B invested in GTT Communications, Inc. in 2018 Q4 according to their latest regulatory filings, with 27 funds opening new positions, 41 increasing their positions, 42 reducing their positions, and 25 closing their positions.
2% more funds holding
Funds holding: 128 → 130 (+2)
8% more first-time investments, than exits
New positions opened: 27 | Existing positions closed: 25
0% more funds holding in top 10
Funds holding in top 10: 7 → 7 (0)
2% less repeat investments, than reductions
Existing positions increased: 41 | Existing positions reduced: 42
15% less call options, than puts
Call options by funds: $10.6M | Put options by funds: $12.5M
43% less capital invested
Capital invested by funds: $2.02B → $1.16B (-$866M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SHIM
Spruce House Investment Management
New York
|
+$43.3M |
| 2 |
Morgan Stanley
New York
|
+$23.7M |
| 3 |
NCM
Nantahala Capital Management
New Canaan,
Connecticut
|
+$22.7M |
| 4 |
Neuberger Berman Group
New York
|
+$17.5M |
| 5 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$9.53M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TCM
Trafelet Capital Management
New York
|
-$17.9M |
| 2 |
Wells Fargo
San Francisco,
California
|
-$14.8M |
| 3 |
FAM
Fred Alger Management
New York
|
-$11.6M |
| 4 |
EAM
Eventide Asset Management
Boston,
Massachusetts
|
-$11M |
| 5 |
CCP
Clough Capital Partners
Boston,
Massachusetts
|
-$9.71M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
QCG
151
Quadrant Capital Group
Cincinnati,
Ohio
| – | -$20K | -466 | Closed |
|
|
SWP
152
Stratos Wealth Partners
Beachwood,
Ohio
| – | -$3K | -69 | Closed |
|
|
MOS
153
MGO One Seven
Beachwood,
Ohio
| – | +$336 | +10 | New |
|
154
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
| – | +$572 | +17 | New |
|
|
LTFS
155
Ladenburg Thalmann Financial Services
Miami,
Florida
| – | +$740 | +22 | New |
|
GTT Hedge Fund Activity: Q4 2018 in Review
130 of the 4,488 institutional investors tracked by Wall St. Rank reported a position in GTT Communications, Inc. (GTT) for Q4 2018, worth a combined $1.16B — down 43% from $2.02B a quarter earlier.
Buyers outnumbered sellers: 27 funds opened new GTT positions and 25 closed out — a net gain of 2 holders — while 41 added to existing stakes and 42 trimmed.
The largest buyer was Spruce House Investment Management, adding an estimated $43.3M. The largest seller was Trafelet Capital Management, cutting an estimated $17.9M.
- 130 institutional investors held GTT Communications, Inc. (GTT) as of Q4 2018, up from 128 in Q3 2018.
- Funds reported $1.16B of GTT Communications, Inc. stock for Q4 2018, down 43% quarter-over-quarter.
- 27 funds opened new GTT Communications, Inc. positions in Q4 2018 and 25 closed out, a net change of +2 holders.
- The largest GTT Communications, Inc. buyer in Q4 2018 was Spruce House Investment Management, an estimated $43.3M added.
- The largest GTT Communications, Inc. seller in Q4 2018 was Trafelet Capital Management, an estimated $17.9M sold.
Based on aggregated 13F filings for Q4 2018.