Tucows
TCX
45 hedge funds and large institutions have $81.8M invested in Tucows in 2015 Q3 according to their latest regulatory filings, with 17 funds opening new positions, 13 increasing their positions, 10 reducing their positions, and 9 closing their positions.
89% more first-time investments, than exits
New positions opened: 17 | Existing positions closed: 9
30% more repeat investments, than reductions
Existing positions increased: 13 | Existing positions reduced: 10
18% more funds holding
Funds holding: 38 → 45 (+7)
13% more capital invested
Capital invested by funds: $72.7M → $81.8M (+$9.16M)
2.1% more ownership
Funds ownership: 5.98% → 8.09% (+2.1%)
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
62% less call options, than puts
Call options by funds: $3.8M | Put options by funds: $9.97M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Acadian Asset Management
Boston,
Massachusetts
|
+$11.4M |
| 2 |
NI
Numeric Investors
Boston,
Massachusetts
|
+$7.9M |
| 3 |
RFC
Russell Frank Company
Seattle,
Washington
|
+$2.97M |
| 4 |
OSAM
O'Shaughnessy Asset Management
Stamford,
Connecticut
|
+$2.93M |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$2.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ICM
ISZO Capital Management
New York
|
-$5.49M |
| 2 |
OP
Osmium Partners
Greenbrae,
California
|
-$3.06M |
| 3 |
BCM
Bridgeway Capital Management
Houston,
Texas
|
-$2.1M |
| 4 |
ST
Spot Trading
Chicago,
Illinois
|
-$859K |
| 5 |
SLG
Stanley-Laman Group
Berwyn,
Pennsylvania
|
-$801K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
PCM
51
Prelude Capital Management
New York
| – | -$134K | -4,817 | Closed |
|
|
MFS
52
MSI Financial Services
Springfield,
Massachusetts
| – | -$113K | -4,069 | Closed |
|
|
TDC
53
Thompson Davis & Co
Richmond,
Virginia
| – | -$7K | -250 | Closed |
|
54
Toronto Dominion Bank
Toronto, Ontario,
Ontario, Canada
| – | +$130 | +5 | New |
|
TCX Hedge Fund Activity: Q3 2015 in Review
45 of the 3,582 institutional investors tracked by Wall St. Rank reported a position in Tucows (TCX) for Q3 2015, worth a combined $81.8M — up 13% from $72.7M a quarter earlier.
Buyers outnumbered sellers: 17 funds opened new TCX positions and 9 closed out — a net gain of 8 holders — while 13 added to existing stakes and 10 trimmed.
The largest buyer was Acadian Asset Management, adding an estimated $11.4M. The largest seller was ISZO Capital Management, exiting entirely with an estimated $5.49M sold.
- 45 institutional investors held Tucows (TCX) as of Q3 2015, up from 38 in Q2 2015.
- Funds reported $81.8M of Tucows stock for Q3 2015, up 13% quarter-over-quarter.
- 17 funds opened new Tucows positions in Q3 2015 and 9 closed out, a net change of +8 holders.
- The largest Tucows buyer in Q3 2015 was Acadian Asset Management, an estimated $11.4M added.
- The largest Tucows seller in Q3 2015 was ISZO Capital Management, an estimated $5.49M sold.
Based on aggregated 13F filings for Q3 2015.