Tucows
TCX
60 hedge funds and large institutions have $217M invested in Tucows in 2023 Q4 according to their latest regulatory filings, with 6 funds opening new positions, 26 increasing their positions, 21 reducing their positions, and 4 closing their positions.
50% more first-time investments, than exits
New positions opened: 6 | Existing positions closed: 4
35% more capital invested
Capital invested by funds: $161M → $217M (+$56.4M)
24% more repeat investments, than reductions
Existing positions increased: 26 | Existing positions reduced: 21
3% more funds holding
Funds holding: 58 → 60 (+2)
1.09% more ownership
Funds ownership: 72.76% → 73.85% (+1.1%)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
2% less call options, than puts
Call options by funds: $1.06M | Put options by funds: $1.08M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
EIG
EdgePoint Investment Group
Toronto,
Ontario, Canada
|
+$1.77M |
| 2 |
Morgan Stanley
New York
|
+$1.09M |
| 3 |
BlackRock
New York
|
+$876K |
| 4 |
IFLIT
Investmentaktiengesellschaft Fuer Langfristige Investoren TGV
Bonn,
Germany
|
+$425K |
| 5 |
Vanguard Group
Malvern,
Pennsylvania
|
+$298K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BFM
Blacksheep Fund Management
Co. Dublin,
Ireland
|
-$1.14M |
| 2 |
Marshall Wace
London,
United Kingdom
|
-$720K |
| 3 |
VBA
Van Berkom & Associates
Montreal,
Quebec, Canada
|
-$550K |
| 4 |
Renaissance Technologies
New York
|
-$321K |
| 5 |
Citadel Advisors
Miami,
Florida
|
-$114K |
TCX Hedge Fund Activity: Q4 2023 in Review
60 of the 6,859 institutional investors tracked by Wall St. Rank reported a position in Tucows (TCX) for Q4 2023, worth a combined $217M — up 35% from $161M a quarter earlier.
Buyers outnumbered sellers: 6 funds opened new TCX positions and 4 closed out — a net gain of 2 holders — while 26 added to existing stakes and 21 trimmed.
The largest buyer was EdgePoint Investment Group, adding an estimated $1.77M. The largest seller was Blacksheep Fund Management, cutting an estimated $1.14M.
- 60 institutional investors held Tucows (TCX) as of Q4 2023, up from 58 in Q3 2023.
- Funds reported $217M of Tucows stock for Q4 2023, up 35% quarter-over-quarter.
- 6 funds opened new Tucows positions in Q4 2023 and 4 closed out, a net change of +2 holders.
- The largest Tucows buyer in Q4 2023 was EdgePoint Investment Group, an estimated $1.77M added.
- The largest Tucows seller in Q4 2023 was Blacksheep Fund Management, an estimated $1.14M sold.
Based on aggregated 13F filings for Q4 2023.