Tucows
TCX
75 hedge funds and large institutions have $538M invested in Tucows in 2021 Q3 according to their latest regulatory filings, with 4 funds opening new positions, 33 increasing their positions, 21 reducing their positions, and 12 closing their positions.
132% more call options, than puts
Call options by funds: $2.49M | Put options by funds: $1.07M
57% more repeat investments, than reductions
Existing positions increased: 33 | Existing positions reduced: 21
33% more funds holding in top 10
Funds holding in top 10: 3 → 4 (+1)
2.2% more ownership
Funds ownership: 60.83% → 63.03% (+2.2%)
3% more capital invested
Capital invested by funds: $520M → $538M (+$17.9M)
11% less funds holding
Funds holding: 84 → 75 (-9)
67% less first-time investments, than exits
New positions opened: 4 | Existing positions closed: 12
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BFM
Blacksheep Fund Management
Co. Dublin,
Ireland
|
+$6.61M |
| 2 |
PM
Pembroke Management
Montreal,
Quebec, Canada
|
+$6.48M |
| 3 |
EIG
EdgePoint Investment Group
Toronto,
Ontario, Canada
|
+$5.3M |
| 4 |
VBA
Van Berkom & Associates
Montreal,
Quebec, Canada
|
+$4.45M |
| 5 |
IFLIT
Investmentaktiengesellschaft Fuer Langfristige Investoren TGV
Bonn,
Germany
|
+$3.23M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fiera Capital (Canada)
Montreal,
Quebec, Canada
|
-$4.64M |
| 2 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$2.3M |
| 3 |
Two Sigma Investments
New York
|
-$705K |
| 4 |
JP Morgan Chase
New York
|
-$607K |
| 5 |
Millennium Management
New York
|
-$456K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
76
Fiera Capital (Canada)
Montreal,
Quebec, Canada
| – | -$4.64M | -57,534 | Closed |
|
|
77
Two Sigma Investments
New York
| – | -$705K | -8,781 | Closed |
|
|
78
Millennium Management
New York
| – | -$456K | -5,672 | Closed |
|
79
Jane Street
New York
| – | -$440K | -5,475 | Closed |
|
80
Russell Investments Group
London,
United Kingdom
| – | -$306K | -3,816 | Closed |
|
|
BOS
81
Bingham Osborn & Scarborough
San Francisco,
California
| – | -$281K | -3,500 | Closed |
|
82
Tudor Investment Corp
Stamford,
Connecticut
| – | -$236K | -2,943 | Closed |
|
|
BCM
83
Bridgeway Capital Management
Houston,
Texas
| – | -$201K | -2,500 | Closed |
|
|
ASN
84
Advisory Services Network
Atlanta,
Georgia
| – | -$12K | -146 | Closed |
|
|
PAM
85
Panagora Asset Management
Boston,
Massachusetts
| – | -$9K | -113 | Closed |
|
86
Toronto Dominion Bank
Toronto, Ontario,
Ontario, Canada
| – | -$5K | -66 | Closed |
|
|
HPC
87
HM Payson & Co
Portland,
Maine
| – | -$2K | -20 | Closed |
|
TCX Hedge Fund Activity: Q3 2021 in Review
75 of the 5,712 institutional investors tracked by Wall St. Rank reported a position in Tucows (TCX) for Q3 2021, worth a combined $538M — up 3.4% from $520M a quarter earlier.
Sellers outnumbered buyers: 12 funds closed out of TCX and 4 opened new positions — a net loss of 8 holders — while 21 trimmed existing stakes and 33 added.
The largest buyer was Blacksheep Fund Management, adding an estimated $6.61M. The largest seller was Fiera Capital (Canada), exiting entirely with an estimated $4.64M sold.
- 75 institutional investors held Tucows (TCX) as of Q3 2021, down from 84 in Q2 2021.
- Funds reported $538M of Tucows stock for Q3 2021, up 3.4% quarter-over-quarter.
- 4 funds opened new Tucows positions in Q3 2021 and 12 closed out, a net change of -8 holders.
- The largest Tucows buyer in Q3 2021 was Blacksheep Fund Management, an estimated $6.61M added.
- The largest Tucows seller in Q3 2021 was Fiera Capital (Canada), an estimated $4.64M sold.
Based on aggregated 13F filings for Q3 2021.