Tucows
TCX
42 hedge funds and large institutions have $55.4M invested in Tucows in 2016 Q1 according to their latest regulatory filings, with 7 funds opening new positions, 6 increasing their positions, 23 reducing their positions, and 3 closing their positions.
133% more first-time investments, than exits
New positions opened: 7 | Existing positions closed: 3
11% more funds holding
Funds holding: 38 → 42 (+4)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
0.97% less ownership
Funds ownership: 6.63% → 5.66% (-0.97%)
9% less capital invested
Capital invested by funds: $61M → $55.4M (-$5.6M)
60% less call options, than puts
Call options by funds: $1.84M | Put options by funds: $4.64M
74% less repeat investments, than reductions
Existing positions increased: 6 | Existing positions reduced: 23
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PAMP
Polar Asset Management Partners
Toronto,
Ontario, Canada
|
+$4.19M |
| 2 |
WA
Wasatch Advisors
Salt Lake City,
Utah
|
+$3.13M |
| 3 |
UBS Group
Zurich,
Switzerland
|
+$310K |
| 4 |
Wells Fargo
San Francisco,
California
|
+$300K |
| 5 |
WCM
Wedge Capital Management
Charlotte,
North Carolina
|
+$245K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
NI
Numeric Investors
Boston,
Massachusetts
|
-$4.17M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$3.86M |
| 3 |
Acadian Asset Management
Boston,
Massachusetts
|
-$2.64M |
| 4 |
GCP
GSA Capital Partners
London,
United Kingdom
|
-$1.13M |
| 5 |
RFC
Russell Frank Company
Seattle,
Washington
|
-$811K |
TCX Hedge Fund Activity: Q1 2016 in Review
42 of the 3,753 institutional investors tracked by Wall St. Rank reported a position in Tucows (TCX) for Q1 2016, worth a combined $55.4M — down 9.2% from $61M a quarter earlier.
Buyers outnumbered sellers: 7 funds opened new TCX positions and 3 closed out — a net gain of 4 holders — while 6 added to existing stakes and 23 trimmed.
The largest buyer was Polar Asset Management Partners, opening a new position worth an estimated $4.19M. The largest seller was Numeric Investors, cutting an estimated $4.17M.
- 42 institutional investors held Tucows (TCX) as of Q1 2016, up from 38 in Q4 2015.
- Funds reported $55.4M of Tucows stock for Q1 2016, down 9.2% quarter-over-quarter.
- 7 funds opened new Tucows positions in Q1 2016 and 3 closed out, a net change of +4 holders.
- The largest Tucows buyer in Q1 2016 was Polar Asset Management Partners, an estimated $4.19M added.
- The largest Tucows seller in Q1 2016 was Numeric Investors, an estimated $4.17M sold.
Based on aggregated 13F filings for Q1 2016.