Tucows
TCX
85 hedge funds and large institutions have $394M invested in Tucows in 2017 Q4 according to their latest regulatory filings, with 14 funds opening new positions, 31 increasing their positions, 23 reducing their positions, and 10 closing their positions.
40% more first-time investments, than exits
New positions opened: 14 | Existing positions closed: 10
35% more repeat investments, than reductions
Existing positions increased: 31 | Existing positions reduced: 23
14% more capital invested
Capital invested by funds: $344M → $394M (+$49.7M)
2% more funds holding
Funds holding: 83 → 85 (+2)
0% more funds holding in top 10
Funds holding in top 10: 4 → 4 (0)
2.04% less ownership
Funds ownership: 54.73% → 52.68% (-2%)
21% less call options, than puts
Call options by funds: $18.8M | Put options by funds: $23.6M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BCI
Brinker Capital Investments
Berwyn,
Pennsylvania
|
+$8.33M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
+$2.27M |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$1.93M |
| 4 |
VBA
Van Berkom & Associates
Montreal,
Quebec, Canada
|
+$1.81M |
| 5 |
Morgan Stanley
New York
|
+$1.61M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of New York Mellon
New York
|
-$21.1M |
| 2 |
Renaissance Technologies
New York
|
-$3.75M |
| 3 |
SCP
Steamboat Capital Partners
Rye,
New York
|
-$2.84M |
| 4 |
PM
Pembroke Management
Montreal,
Quebec, Canada
|
-$2.14M |
| 5 |
Wells Fargo
San Francisco,
California
|
-$963K |
TCX Hedge Fund Activity: Q4 2017 in Review
85 of the 4,409 institutional investors tracked by Wall St. Rank reported a position in Tucows (TCX) for Q4 2017, worth a combined $394M — up 14% from $344M a quarter earlier.
Buyers outnumbered sellers: 14 funds opened new TCX positions and 10 closed out — a net gain of 4 holders — while 31 added to existing stakes and 23 trimmed.
The largest buyer was Brinker Capital Investments, adding an estimated $8.33M. The largest seller was Bank of New York Mellon, cutting an estimated $21.1M.
- 85 institutional investors held Tucows (TCX) as of Q4 2017, up from 83 in Q3 2017.
- Funds reported $394M of Tucows stock for Q4 2017, up 14% quarter-over-quarter.
- 14 funds opened new Tucows positions in Q4 2017 and 10 closed out, a net change of +4 holders.
- The largest Tucows buyer in Q4 2017 was Brinker Capital Investments, an estimated $8.33M added.
- The largest Tucows seller in Q4 2017 was Bank of New York Mellon, an estimated $21.1M sold.
Based on aggregated 13F filings for Q4 2017.