Tucows
TCX
83 hedge funds and large institutions have $344M invested in Tucows in 2017 Q3 according to their latest regulatory filings, with 17 funds opening new positions, 28 increasing their positions, 20 reducing their positions, and 9 closing their positions.
89% more first-time investments, than exits
New positions opened: 17 | Existing positions closed: 9
43% more capital invested
Capital invested by funds: $241M → $344M (+$103M)
40% more repeat investments, than reductions
Existing positions increased: 28 | Existing positions reduced: 20
33% more funds holding in top 10
Funds holding in top 10: 3 → 4 (+1)
11.62% more ownership
Funds ownership: 43.11% → 54.73% (+12%)
9% more funds holding
Funds holding: 76 → 83 (+7)
10% less call options, than puts
Call options by funds: $10.4M | Put options by funds: $11.5M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PM
Pembroke Management
Montreal,
Quebec, Canada
|
+$24M |
| 2 |
IFLIT
Investmentaktiengesellschaft Fuer Langfristige Investoren TGV
Bonn,
Germany
|
+$21.2M |
| 3 |
VBA
Van Berkom & Associates
Montreal,
Quebec, Canada
|
+$17.4M |
| 4 |
BCI
Brinker Capital Investments
Berwyn,
Pennsylvania
|
+$5.69M |
| 5 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$5.51M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of New York Mellon
New York
|
-$4.3M |
| 2 |
OP
Osmium Partners
Greenbrae,
California
|
-$2.64M |
| 3 |
Renaissance Technologies
New York
|
-$1.93M |
| 4 |
SCP
Steamboat Capital Partners
Rye,
New York
|
-$1.48M |
| 5 |
Simplex Trading
Chicago,
Illinois
|
-$768K |
TCX Hedge Fund Activity: Q3 2017 in Review
83 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in Tucows (TCX) for Q3 2017, worth a combined $344M — up 43% from $241M a quarter earlier.
Buyers outnumbered sellers: 17 funds opened new TCX positions and 9 closed out — a net gain of 8 holders — while 28 added to existing stakes and 20 trimmed.
The largest buyer was Pembroke Management, opening a new position worth an estimated $24M. The largest seller was Bank of New York Mellon, cutting an estimated $4.3M.
- 83 institutional investors held Tucows (TCX) as of Q3 2017, up from 76 in Q2 2017.
- Funds reported $344M of Tucows stock for Q3 2017, up 43% quarter-over-quarter.
- 17 funds opened new Tucows positions in Q3 2017 and 9 closed out, a net change of +8 holders.
- The largest Tucows buyer in Q3 2017 was Pembroke Management, an estimated $24M added.
- The largest Tucows seller in Q3 2017 was Bank of New York Mellon, an estimated $4.3M sold.
Based on aggregated 13F filings for Q3 2017.