GTT Communications, Inc.
GTT
GTT was delisted on the 1st of July, 2021.
93 hedge funds and large institutions have $335M invested in GTT Communications, Inc. in 2020 Q2 according to their latest regulatory filings, with 16 funds opening new positions, 29 increasing their positions, 26 reducing their positions, and 15 closing their positions.
12% more repeat investments, than reductions
Existing positions increased: 29 | Existing positions reduced: 26
1% more funds holding
Funds holding: 92 → 93 (+1)
7% more first-time investments, than exits
New positions opened: 16 | Existing positions closed: 15
1% more call options, than puts
Call options by funds: $3.63M | Put options by funds: $3.59M
3% less capital invested
Capital invested by funds: $347M → $335M (-$12M)
50% less funds holding in top 10
Funds holding in top 10: 4 → 2 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Neuberger Berman Group
New York
|
+$4.84M |
| 2 |
Goldman Sachs
New York
|
+$3.9M |
| 3 |
Morgan Stanley
New York
|
+$1.58M |
| 4 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$738K |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$689K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$15.7M |
| 2 |
MP
MFN Partners
Boston,
Massachusetts
|
-$6.64M |
| 3 |
MCPPUI
MIC Capital Partners (Public) (US) IM
Al Maryah Island Abu Dhabi,
United Arab Emirates
|
-$6.39M |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
-$4.08M |
| 5 |
Federated Hermes
Pittsburgh,
Pennsylvania
|
-$1.02M |
GTT Hedge Fund Activity: Q2 2020 in Review
93 of the 4,877 institutional investors tracked by Wall St. Rank reported a position in GTT Communications, Inc. (GTT) for Q2 2020, worth a combined $335M — down 3.5% from $347M a quarter earlier.
Buyers outnumbered sellers: 16 funds opened new GTT positions and 15 closed out — a net gain of 1 holder — while 29 added to existing stakes and 26 trimmed.
The largest buyer was Neuberger Berman Group, adding an estimated $4.84M. The largest seller was T. Rowe Price Associates, cutting an estimated $15.7M.
- 93 institutional investors held GTT Communications, Inc. (GTT) as of Q2 2020, up from 92 in Q1 2020.
- Funds reported $335M of GTT Communications, Inc. stock for Q2 2020, down 3.5% quarter-over-quarter.
- 16 funds opened new GTT Communications, Inc. positions in Q2 2020 and 15 closed out, a net change of +1 holder.
- The largest GTT Communications, Inc. buyer in Q2 2020 was Neuberger Berman Group, an estimated $4.84M added.
- The largest GTT Communications, Inc. seller in Q2 2020 was T. Rowe Price Associates, an estimated $15.7M sold.
Based on aggregated 13F filings for Q2 2020.