GTT Communications, Inc.
GTT
GTT was delisted on the 1st of July, 2021.
80 hedge funds and large institutions have $138M invested in GTT Communications, Inc. in 2020 Q4 according to their latest regulatory filings, with 11 funds opening new positions, 26 increasing their positions, 22 reducing their positions, and 17 closing their positions.
18% more repeat investments, than reductions
Existing positions increased: 26 | Existing positions reduced: 22
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
8% less funds holding
Funds holding: 87 → 80 (-7)
34% less capital invested
Capital invested by funds: $208M → $138M (-$70.6M)
35% less first-time investments, than exits
New positions opened: 11 | Existing positions closed: 17
39% less call options, than puts
Call options by funds: $564K | Put options by funds: $932K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Neuberger Berman Group
New York
|
+$1.88M |
| 2 |
Goldman Sachs
New York
|
+$774K |
| 3 |
JP Morgan Chase
New York
|
+$415K |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$388K |
| 5 |
E
Ergoteles
New York
|
+$247K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GGHC
Gilder Gagnon Howe & Co
New York
|
-$3.84M |
| 2 |
Morgan Stanley
New York
|
-$3.23M |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
-$1.64M |
| 4 |
GC
GMT Capital
Atlanta,
Georgia
|
-$1.28M |
| 5 |
RFC
Regions Financial Corp
Birmingham,
Alabama
|
-$491K |
GTT Hedge Fund Activity: Q4 2020 in Review
80 of the 5,676 institutional investors tracked by Wall St. Rank reported a position in GTT Communications, Inc. (GTT) for Q4 2020, worth a combined $138M — down 34% from $208M a quarter earlier.
Sellers outnumbered buyers: 17 funds closed out of GTT and 11 opened new positions — a net loss of 6 holders — while 22 trimmed existing stakes and 26 added.
The largest buyer was Neuberger Berman Group, adding an estimated $1.88M. The largest seller was Gilder Gagnon Howe & Co, cutting an estimated $3.84M.
- 80 institutional investors held GTT Communications, Inc. (GTT) as of Q4 2020, down from 87 in Q3 2020.
- Funds reported $138M of GTT Communications, Inc. stock for Q4 2020, down 34% quarter-over-quarter.
- 11 funds opened new GTT Communications, Inc. positions in Q4 2020 and 17 closed out, a net change of -6 holders.
- The largest GTT Communications, Inc. buyer in Q4 2020 was Neuberger Berman Group, an estimated $1.88M added.
- The largest GTT Communications, Inc. seller in Q4 2020 was Gilder Gagnon Howe & Co, an estimated $3.84M sold.
Based on aggregated 13F filings for Q4 2020.