Tucows
TCX
38 hedge funds and large institutions have $61M invested in Tucows in 2015 Q4 according to their latest regulatory filings, with 5 funds opening new positions, 12 increasing their positions, 14 reducing their positions, and 11 closing their positions.
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
1.46% less ownership
Funds ownership: 8.09% → 6.63% (-1.5%)
14% less repeat investments, than reductions
Existing positions increased: 12 | Existing positions reduced: 14
16% less funds holding
Funds holding: 45 → 38 (-7)
25% less capital invested
Capital invested by funds: $81.8M → $61M (-$20.8M)
55% less first-time investments, than exits
New positions opened: 5 | Existing positions closed: 11
82% less call options, than puts
Call options by funds: $1.48M | Put options by funds: $8.3M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$638K |
| 2 |
Millennium Management
New York
|
+$571K |
| 3 |
GCP
GSA Capital Partners
London,
United Kingdom
|
+$357K |
| 4 |
LPL Financial
San Diego,
California
|
+$305K |
| 5 |
Balyasny Asset Management
Chicago,
Illinois
|
+$279K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Acadian Asset Management
Boston,
Massachusetts
|
-$4.69M |
| 2 |
DCM
Driehaus Capital Management
Chicago,
Illinois
|
-$2.32M |
| 3 |
OSAM
O'Shaughnessy Asset Management
Stamford,
Connecticut
|
-$2.01M |
| 4 |
BIM
Bogle Investment Management
Newton Lower Falls,
Massachusetts
|
-$1.56M |
| 5 |
MCM
Marathon Capital Management
Hunt Valley,
Maryland
|
-$1.44M |
TCX Hedge Fund Activity: Q4 2015 in Review
38 of the 3,812 institutional investors tracked by Wall St. Rank reported a position in Tucows (TCX) for Q4 2015, worth a combined $61M — down 25% from $81.8M a quarter earlier.
Sellers outnumbered buyers: 11 funds closed out of TCX and 5 opened new positions — a net loss of 6 holders — while 14 trimmed existing stakes and 12 added.
The largest buyer was Susquehanna International Group, adding an estimated $638K. The largest seller was Acadian Asset Management, cutting an estimated $4.69M.
- 38 institutional investors held Tucows (TCX) as of Q4 2015, down from 45 in Q3 2015.
- Funds reported $61M of Tucows stock for Q4 2015, down 25% quarter-over-quarter.
- 5 funds opened new Tucows positions in Q4 2015 and 11 closed out, a net change of -6 holders.
- The largest Tucows buyer in Q4 2015 was Susquehanna International Group, an estimated $638K added.
- The largest Tucows seller in Q4 2015 was Acadian Asset Management, an estimated $4.69M sold.
Based on aggregated 13F filings for Q4 2015.