Tucows
TCX
89 hedge funds and large institutions have $381M invested in Tucows in 2018 Q4 according to their latest regulatory filings, with 13 funds opening new positions, 29 increasing their positions, 28 reducing their positions, and 18 closing their positions.
33% more funds holding in top 10
Funds holding in top 10: 3 → 4 (+1)
33% more call options, than puts
Call options by funds: $6.29M | Put options by funds: $4.72M
15% more capital invested
Capital invested by funds: $331M → $381M (+$49.6M)
3.54% more ownership
Funds ownership: 55.06% → 58.6% (+3.5%)
4% more repeat investments, than reductions
Existing positions increased: 29 | Existing positions reduced: 28
5% less funds holding
Funds holding: 94 → 89 (-5)
28% less first-time investments, than exits
New positions opened: 13 | Existing positions closed: 18
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$25.1M |
| 2 |
IFLIT
Investmentaktiengesellschaft Fuer Langfristige Investoren TGV
Bonn,
Germany
|
+$3.45M |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
+$2.92M |
| 4 |
LSC
Lyon Street Capital
Sausalito,
California
|
+$2.79M |
| 5 |
LPL Financial
San Diego,
California
|
+$2.14M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MIM
Manitou Investment Management
Toronto,
Ontario, Canada
|
-$6.8M |
| 2 |
VBA
Van Berkom & Associates
Montreal,
Quebec, Canada
|
-$4.18M |
| 3 |
FAAS
First Allied Advisory Services
San Diego,
California
|
-$2.46M |
| 4 |
Bank of Montreal
Toronto,
Ontario, Canada
|
-$1.81M |
| 5 |
SIM
Spark Investment Management
New York
|
-$1.49M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
FANJ
101
Financial Architects (New Jersey)
Marlton,
New Jersey
| – | -$9K | -168 | Closed |
|
|
APA
102
American Portfolios Advisors
Holbrook,
New York
| – | -$7.25K | -130 | Closed |
|
|
GWM
103
Geneos Wealth Management
Englewood,
Colorado
| – | -$5K | -90 | Closed |
|
|
APP
104
Avantax Planning Partners
Dubuque,
Iowa
| – | -$5K | -85 | Closed |
|
105
Federated Hermes
Pittsburgh,
Pennsylvania
| – | -$4K | -78 | Closed |
|
106
Toronto Dominion Bank
Toronto, Ontario,
Ontario, Canada
| – | -$3K | -50 | Closed |
|
|
SWP
107
Stratos Wealth Partners
Beachwood,
Ohio
| – | -$1K | -25 | Closed |
|
TCX Hedge Fund Activity: Q4 2018 in Review
89 of the 4,488 institutional investors tracked by Wall St. Rank reported a position in Tucows (TCX) for Q4 2018, worth a combined $381M — up 15% from $331M a quarter earlier.
Sellers outnumbered buyers: 18 funds closed out of TCX and 13 opened new positions — a net loss of 5 holders — while 28 trimmed existing stakes and 29 added.
The largest buyer was Fidelity Investments, adding an estimated $25.1M. The largest seller was Manitou Investment Management, cutting an estimated $6.8M.
- 89 institutional investors held Tucows (TCX) as of Q4 2018, down from 94 in Q3 2018.
- Funds reported $381M of Tucows stock for Q4 2018, up 15% quarter-over-quarter.
- 13 funds opened new Tucows positions in Q4 2018 and 18 closed out, a net change of -5 holders.
- The largest Tucows buyer in Q4 2018 was Fidelity Investments, an estimated $25.1M added.
- The largest Tucows seller in Q4 2018 was Manitou Investment Management, an estimated $6.8M sold.
Based on aggregated 13F filings for Q4 2018.