Tucows
TCX
86 hedge funds and large institutions have $459M invested in Tucows in 2020 Q4 according to their latest regulatory filings, with 6 funds opening new positions, 34 increasing their positions, 21 reducing their positions, and 7 closing their positions.
62% more repeat investments, than reductions
Existing positions increased: 34 | Existing positions reduced: 21
59% more call options, than puts
Call options by funds: $5.27M | Put options by funds: $3.32M
9% more capital invested
Capital invested by funds: $420M → $459M (+$39.3M)
1.47% more ownership
Funds ownership: 56.57% → 58.04% (+1.5%)
1% less funds holding
Funds holding: 87 → 86 (-1)
14% less first-time investments, than exits
New positions opened: 6 | Existing positions closed: 7
20% less funds holding in top 10
Funds holding in top 10: 5 → 4 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AIMCA
Alberta Investment Management Corp (AIMCo)
Edmonton,
Alberta, Canada
|
+$7.9M |
| 2 |
BFM
Blacksheep Fund Management
Co. Dublin,
Ireland
|
+$7.44M |
| 3 |
BlackRock
New York
|
+$5.78M |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
+$1.62M |
| 5 |
Wells Fargo
San Francisco,
California
|
+$1.04M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PM
Pembroke Management
Montreal,
Quebec, Canada
|
-$2.84M |
| 2 |
MAM
Martingale Asset Management
Boston,
Massachusetts
|
-$1.69M |
| 3 |
MIM
Manitou Investment Management
Toronto,
Ontario, Canada
|
-$1.49M |
| 4 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$1.48M |
| 5 |
VBA
Van Berkom & Associates
Montreal,
Quebec, Canada
|
-$1.14M |
TCX Hedge Fund Activity: Q4 2020 in Review
86 of the 5,651 institutional investors tracked by Wall St. Rank reported a position in Tucows (TCX) for Q4 2020, worth a combined $459M — up 9.4% from $420M a quarter earlier.
Sellers outnumbered buyers: 7 funds closed out of TCX and 6 opened new positions — a net loss of 1 holder — while 21 trimmed existing stakes and 34 added.
The largest buyer was Alberta Investment Management Corp (AIMCo), adding an estimated $7.9M. The largest seller was Pembroke Management, cutting an estimated $2.84M.
- 86 institutional investors held Tucows (TCX) as of Q4 2020, down from 87 in Q3 2020.
- Funds reported $459M of Tucows stock for Q4 2020, up 9.4% quarter-over-quarter.
- 6 funds opened new Tucows positions in Q4 2020 and 7 closed out, a net change of -1 holder.
- The largest Tucows buyer in Q4 2020 was Alberta Investment Management Corp (AIMCo), an estimated $7.9M added.
- The largest Tucows seller in Q4 2020 was Pembroke Management, an estimated $2.84M sold.
Based on aggregated 13F filings for Q4 2020.