Tucows
TCX
12 hedge funds and large institutions have $31.7M invested in Tucows in 2013 Q4 according to their latest regulatory filings, with 2 funds opening new positions, 5 increasing their positions, 3 reducing their positions, and 10 closing their positions.
67% more repeat investments, than reductions
Existing positions increased: 5 | Existing positions reduced: 3
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
17.32% less ownership
Funds ownership: 22.59% → 5.27% (-17%)
37% less capital inflows, than outflows
Capital inflows: $2.7M | Capital outflows: $4.27M
40% less funds holding
Funds holding: 20 → 12 (-8)
80% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 10
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Driehaus Capital Management
Chicago,
Illinois
|
+$1.09M |
| 2 |
Osmium Partners
Greenbrae,
California
|
+$589K |
| 3 |
Renaissance Technologies
New York
|
+$489K |
| 4 |
Natixis
Paris,
France
|
+$379K |
| 5 |
LSC
Lyon Street Capital
Sausalito,
California
|
+$118K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Diker Management
New York
|
-$2.21M |
| 2 |
Marathon Capital Management
Hunt Valley,
Maryland
|
-$593K |
| 3 |
K.J. Harrison & Partners
Toronto,
Ontario, Canada
|
-$537K |
| 4 |
BlackRock Institutional Trust
San Francisco,
California
|
-$325K |
| 5 |
JC
JBF Capital
Aspen,
Colorado
|
-$270K |
TCX Hedge Fund Activity: Q4 2013 in Review
12 of the 3,459 institutional investors tracked by Wall St. Rank reported a position in Tucows (TCX) for Q4 2013, worth a combined $31.7M — up 35% from $23.5M a quarter earlier.
Sellers outnumbered buyers: 10 funds closed out of TCX and 2 opened new positions — a net loss of 8 holders — while 3 trimmed existing stakes and 5 added.
The largest buyer was Driehaus Capital Management, opening a new position worth an estimated $1.09M. The largest seller was Diker Management, cutting an estimated $2.21M.
- 12 institutional investors held Tucows (TCX) as of Q4 2013, down from 20 in Q3 2013.
- Funds reported $31.7M of Tucows stock for Q4 2013, up 35% quarter-over-quarter.
- 2 funds opened new Tucows positions in Q4 2013 and 10 closed out, a net change of -8 holders.
- The largest Tucows buyer in Q4 2013 was Driehaus Capital Management, an estimated $1.09M added.
- The largest Tucows seller in Q4 2013 was Diker Management, an estimated $2.21M sold.
Based on aggregated 13F filings for Q4 2013.