GTT Communications, Inc.
GTT
GTT was delisted on the 1st of July, 2021.
12 hedge funds and large institutions have $42.4M invested in GTT Communications, Inc. in 2013 Q4 according to their latest regulatory filings, with 6 funds opening new positions, 1 increasing their positions, 4 reducing their positions, and 3 closing their positions.
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
100% more first-time investments, than exits
New positions opened: 6 | Existing positions closed: 3
59% more capital invested
Capital invested by funds: $26.7M → $42.4M (+$15.6M)
33% more funds holding
Funds holding: 9 → 12 (+3)
75% less repeat investments, than reductions
Existing positions increased: 1 | Existing positions reduced: 4
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Vanguard Group
Malvern,
Pennsylvania
|
+$347K |
| 2 |
Wells Fargo
San Francisco,
California
|
+$218K |
| 3 |
Morgan Stanley
New York
|
+$72K |
| 4 |
Bank of Montreal
Toronto,
Ontario, Canada
|
+$37.3K |
| 5 |
U
UBS
Zurich,
Switzerland
|
+$33.6K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JPMIA
J.P. Marvel Investment Advisors
Boston,
Massachusetts
|
-$5.12M |
| 2 |
CC
Cannell Capital
Alta,
Wyoming
|
-$467K |
| 3 |
DCM
Dialectic Capital Management
Norwalk,
Connecticut
|
-$106K |
| 4 |
Goldman Sachs
New York
|
-$72.8K |
| 5 |
Bank of America
Charlotte,
North Carolina
|
-$58.8K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
CC
1
Cannell Capital
Alta,
Wyoming
| $24.6M | -$467K | -83,416 | -2% |
|
|
SC
2
Spitfire Capital
Mill Valley,
California
| $12.9M | +$9.93M | +1,772,552 | New |
|
|
WJA
3
Williams Jones & Associates
New York
| $1.59M | – | – | – |
|
|
RA
4
Royce & Associates
New York
| $1.56M | -$32.5K | -5,800 | -3% |
|
|
5
Vanguard Group
Malvern,
Pennsylvania
| $452K | +$347K | +61,908 | New |
|
|
6
Goldman Sachs
New York
| $341K | -$72.8K | -13,000 | -22% |
|
|
7
Wells Fargo
San Francisco,
California
| $284K | +$218K | +38,966 | New |
|
|
8
Bank of America
Charlotte,
North Carolina
| $243K | -$58.8K | -10,500 | -24% |
|
|
9
Morgan Stanley
New York
| $232K | +$72K | +12,854 | +68% |
|
|
10
Bank of Montreal
Toronto,
Ontario, Canada
| $49K | +$37.3K | +6,653 | New |
|
|
U
11
UBS
Zurich,
Switzerland
| $44K | +$33.6K | +6,000 | New |
|
|
JPMIA
12
J.P. Marvel Investment Advisors
Boston,
Massachusetts
| – | -$5.12M | -956,265 | Closed |
|
|
DCM
13
Dialectic Capital Management
Norwalk,
Connecticut
| – | -$106K | -20,000 | Closed |
|
|
TRCT
14
Tower Research Capital (TRC)
New York
| – | +$280 | +50 | New |
|
GTT Hedge Fund Activity: Q4 2013 in Review
12 of the 3,445 institutional investors tracked by Wall St. Rank reported a position in GTT Communications, Inc. (GTT) for Q4 2013, worth a combined $42.4M — up 59% from $26.7M a quarter earlier.
Buyers outnumbered sellers: 6 funds opened new GTT positions and 3 closed out — a net gain of 3 holders — while 1 added to existing stakes and 4 trimmed.
The largest buyer was Vanguard Group, opening a new position worth an estimated $347K. The largest seller was J.P. Marvel Investment Advisors, exiting entirely with an estimated $5.12M sold.
- 12 institutional investors held GTT Communications, Inc. (GTT) as of Q4 2013, up from 9 in Q3 2013.
- Funds reported $42.4M of GTT Communications, Inc. stock for Q4 2013, up 59% quarter-over-quarter.
- 6 funds opened new GTT Communications, Inc. positions in Q4 2013 and 3 closed out, a net change of +3 holders.
- The largest GTT Communications, Inc. buyer in Q4 2013 was Vanguard Group, an estimated $347K added.
- The largest GTT Communications, Inc. seller in Q4 2013 was J.P. Marvel Investment Advisors, an estimated $5.12M sold.
Based on aggregated 13F filings for Q4 2013.