GTT Communications, Inc.
GTT
GTT was delisted on the 1st of July, 2021.
95 hedge funds and large institutions have $369M invested in GTT Communications, Inc. in 2016 Q1 according to their latest regulatory filings, with 11 funds opening new positions, 43 increasing their positions, 30 reducing their positions, and 21 closing their positions.
43% more repeat investments, than reductions
Existing positions increased: 43 | Existing positions reduced: 30
20% more funds holding in top 10
Funds holding in top 10: 5 → 6 (+1)
1% less capital invested
Capital invested by funds: $372M → $369M (-$3.35M)
10% less funds holding
Funds holding: 105 → 95 (-10)
48% less first-time investments, than exits
New positions opened: 11 | Existing positions closed: 21
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LSC
Lyon Street Capital
Sausalito,
California
|
+$8.77M |
| 2 |
PM
Pembroke Management
Montreal,
Quebec, Canada
|
+$7.35M |
| 3 |
KI
Kalmar Investments
Greenville,
Delaware
|
+$5.29M |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$4.44M |
| 5 |
CC
Cannell Capital
Alta,
Wyoming
|
+$1.82M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CWAM
Columbia Wanger Asset Management
Chicago,
Illinois
|
-$6.12M |
| 2 |
DCM
Driehaus Capital Management
Chicago,
Illinois
|
-$4M |
| 3 |
Invesco
Atlanta,
Georgia
|
-$3.39M |
| 4 |
GGHC
Gilder Gagnon Howe & Co
New York
|
-$3.21M |
| 5 |
EI
EAM Investors
Solana Beach,
California
|
-$2.53M |
GTT Hedge Fund Activity: Q1 2016 in Review
95 of the 3,767 institutional investors tracked by Wall St. Rank reported a position in GTT Communications, Inc. (GTT) for Q1 2016, worth a combined $369M — down 0.9% from $372M a quarter earlier.
Sellers outnumbered buyers: 21 funds closed out of GTT and 11 opened new positions — a net loss of 10 holders — while 30 trimmed existing stakes and 43 added.
The largest buyer was Lyon Street Capital, adding an estimated $8.77M. The largest seller was Columbia Wanger Asset Management, cutting an estimated $6.12M.
- 95 institutional investors held GTT Communications, Inc. (GTT) as of Q1 2016, down from 105 in Q4 2015.
- Funds reported $369M of GTT Communications, Inc. stock for Q1 2016, down 0.9% quarter-over-quarter.
- 11 funds opened new GTT Communications, Inc. positions in Q1 2016 and 21 closed out, a net change of -10 holders.
- The largest GTT Communications, Inc. buyer in Q1 2016 was Lyon Street Capital, an estimated $8.77M added.
- The largest GTT Communications, Inc. seller in Q1 2016 was Columbia Wanger Asset Management, an estimated $6.12M sold.
Based on aggregated 13F filings for Q1 2016.