Tucows
TCX
26 hedge funds and large institutions have $41.2M invested in Tucows in 2014 Q3 according to their latest regulatory filings, with 5 funds opening new positions, 6 increasing their positions, 10 reducing their positions, and 7 closing their positions.
32% more capital invested
Capital invested by funds: $31.1M → $41.2M (+$10.1M)
0.5% more ownership
Funds ownership: 5.84% → 6.33% (+0.5%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
7% less funds holding
Funds holding: 28 → 26 (-2)
29% less first-time investments, than exits
New positions opened: 5 | Existing positions closed: 7
40% less repeat investments, than reductions
Existing positions increased: 6 | Existing positions reduced: 10
99% less call options, than puts
Call options by funds: $79K | Put options by funds: $5.43M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
OP
Osmium Partners
Greenbrae,
California
|
+$2.58M |
| 2 |
Morgan Stanley
New York
|
+$882K |
| 3 |
PG
PEAK6 Group
Chicago,
Illinois
|
+$781K |
| 4 |
Renaissance Technologies
New York
|
+$526K |
| 5 |
GCP
GSA Capital Partners
London,
United Kingdom
|
+$227K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Axa
Paris,
France
|
-$422K |
| 2 |
LSC
Lyon Street Capital
Sausalito,
California
|
-$390K |
| 3 |
JC
JBF Capital
Aspen,
Colorado
|
-$346K |
| 4 |
SLG
Stanley-Laman Group
Berwyn,
Pennsylvania
|
-$142K |
| 5 |
Nomura Holdings
Tokyo,
Japan
|
-$124K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
Citigroup
New York
| $1K | -$197 | -13 | -14% |
|
|
27
Axa
Paris,
France
| – | -$422K | -34,475 | Closed |
|
|
JC
28
JBF Capital
Aspen,
Colorado
| – | -$346K | -28,239 | Closed |
|
|
29
Nomura Holdings
Tokyo,
Japan
| – | -$124K | -10,078 | Closed |
|
|
SST
30
S Squared Technology
New York
| – | -$86K | -7,000 | Closed |
|
|
CRM
31
Cramer Rosenthal McGlynn
Stamford,
Connecticut
| – | -$77K | -6,250 | Closed |
|
32
PNC Financial Services Group
Pittsburgh,
Pennsylvania
| – | -$13K | -1,075 | Closed |
|
|
GSC
33
Ground Swell Capital
Folly Beach,
South Carolina
| – | -$2K | -139 | Closed |
|
TCX Hedge Fund Activity: Q3 2014 in Review
26 of the 3,446 institutional investors tracked by Wall St. Rank reported a position in Tucows (TCX) for Q3 2014, worth a combined $41.2M — up 32% from $31.1M a quarter earlier.
Sellers outnumbered buyers: 7 funds closed out of TCX and 5 opened new positions — a net loss of 2 holders — while 10 trimmed existing stakes and 6 added.
The largest buyer was Osmium Partners, adding an estimated $2.58M. The largest seller was Axa, exiting entirely with an estimated $422K sold.
- 26 institutional investors held Tucows (TCX) as of Q3 2014, down from 28 in Q2 2014.
- Funds reported $41.2M of Tucows stock for Q3 2014, up 32% quarter-over-quarter.
- 5 funds opened new Tucows positions in Q3 2014 and 7 closed out, a net change of -2 holders.
- The largest Tucows buyer in Q3 2014 was Osmium Partners, an estimated $2.58M added.
- The largest Tucows seller in Q3 2014 was Axa, an estimated $422K sold.
Based on aggregated 13F filings for Q3 2014.