Tucows
TCX
55 hedge funds and large institutions have $157M invested in Tucows in 2017 Q1 according to their latest regulatory filings, with 23 funds opening new positions, 13 increasing their positions, 17 reducing their positions, and 9 closing their positions.
156% more first-time investments, than exits
New positions opened: 23 | Existing positions closed: 9
88% more capital invested
Capital invested by funds: $83.6M → $157M (+$73.7M)
34% more funds holding
Funds holding: 41 → 55 (+14)
33% more funds holding in top 10
Funds holding in top 10: 3 → 4 (+1)
6.68% more ownership
Funds ownership: 22.7% → 29.38% (+6.7%)
7% more call options, than puts
Call options by funds: $9.41M | Put options by funds: $8.82M
24% less repeat investments, than reductions
Existing positions increased: 13 | Existing positions reduced: 17
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$12.4M |
| 2 |
IFLIT
Investmentaktiengesellschaft Fuer Langfristige Investoren TGV
Bonn,
Germany
|
+$10M |
| 3 |
SCP
Steamboat Capital Partners
Rye,
New York
|
+$5.97M |
| 4 |
Bank of New York Mellon
New York
|
+$5.05M |
| 5 |
ICM
ISZO Capital Management
New York
|
+$4.24M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$6.3M |
| 2 |
VBA
Van Berkom & Associates
Montreal,
Quebec, Canada
|
-$2.9M |
| 3 |
WA
Wasatch Advisors
Salt Lake City,
Utah
|
-$2.53M |
| 4 |
WCM
Wedge Capital Management
Charlotte,
North Carolina
|
-$768K |
| 5 |
BCM
Bridgeway Capital Management
Houston,
Texas
|
-$622K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
51
Toronto Dominion Bank
Toronto, Ontario,
Ontario, Canada
| $6K | +$3.39K | +74 | +180% |
|
|
ASN
52
Advisory Services Network
Atlanta,
Georgia
| $4K | +$3.62K | +79 | New |
|
53
Parallax Volatility Advisers
San Francisco,
California
| $2K | +$2.2K | +48 | New |
|
|
MTIP
54
Magee Thomson Investment Partners
San Diego,
California
| $1K | -$825 | -18 | -58% |
|
55
Walleye Trading
New York
| $21 | +$18.1K | +394 | +2,463% |
|
|
WCM
56
Wedge Capital Management
Charlotte,
North Carolina
| – | -$768K | -21,800 | Closed |
|
|
BCM
57
Bridgeway Capital Management
Houston,
Texas
| – | -$622K | -17,650 | Closed |
|
58
UBS Group
Zurich,
Switzerland
| – | -$413K | -11,696 | Closed |
|
59
Two Sigma Advisers
New York
| – | -$363K | -10,300 | Closed |
|
60
LPL Financial
San Diego,
California
| – | -$226K | -6,212 | Closed |
|
|
VKH
61
Virtu KCG Holdings
New York
| – | -$219K | -6,200 | Closed |
|
|
PG
62
PEAK6 Group
Chicago,
Illinois
| – | -$204K | -4,438 | Closed |
|
63
Bank of Montreal
Toronto,
Ontario, Canada
| – | -$10K | -275 | Closed |
|
64
Bank of America
Charlotte,
North Carolina
| – | -$2K | -55 | Closed |
|
TCX Hedge Fund Activity: Q1 2017 in Review
55 of the 4,017 institutional investors tracked by Wall St. Rank reported a position in Tucows (TCX) for Q1 2017, worth a combined $157M — up 88% from $83.6M a quarter earlier.
Buyers outnumbered sellers: 23 funds opened new TCX positions and 9 closed out — a net gain of 14 holders — while 13 added to existing stakes and 17 trimmed.
The largest buyer was T. Rowe Price Associates, opening a new position worth an estimated $12.4M. The largest seller was Susquehanna International Group, cutting an estimated $6.3M.
- 55 institutional investors held Tucows (TCX) as of Q1 2017, up from 41 in Q4 2016.
- Funds reported $157M of Tucows stock for Q1 2017, up 88% quarter-over-quarter.
- 23 funds opened new Tucows positions in Q1 2017 and 9 closed out, a net change of +14 holders.
- The largest Tucows buyer in Q1 2017 was T. Rowe Price Associates, an estimated $12.4M added.
- The largest Tucows seller in Q1 2017 was Susquehanna International Group, an estimated $6.3M sold.
Based on aggregated 13F filings for Q1 2017.