Tucows
TCX
41 hedge funds and large institutions have $83.6M invested in Tucows in 2016 Q4 according to their latest regulatory filings, with 10 funds opening new positions, 11 increasing their positions, 13 reducing their positions, and 7 closing their positions.
200% more funds holding in top 10
Funds holding in top 10: 1 → 3 (+2)
43% more first-time investments, than exits
New positions opened: 10 | Existing positions closed: 7
17.46% more ownership
Funds ownership: 5.23% → 22.7% (+17%)
15% more capital invested
Capital invested by funds: $73M → $83.6M (+$10.6M)
8% more funds holding
Funds holding: 38 → 41 (+3)
15% less repeat investments, than reductions
Existing positions increased: 11 | Existing positions reduced: 13
22% less call options, than puts
Call options by funds: $9.55M | Put options by funds: $12.2M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VBA
Van Berkom & Associates
Montreal,
Quebec, Canada
|
+$4.17M |
| 2 |
SCP
Steamboat Capital Partners
Rye,
New York
|
+$2.26M |
| 3 |
IFLIT
Investmentaktiengesellschaft Fuer Langfristige Investoren TGV
Bonn,
Germany
|
+$1.2M |
| 4 |
FAAS
First Allied Advisory Services
San Diego,
California
|
+$482K |
| 5 |
Goldman Sachs
New York
|
+$388K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
OP
Osmium Partners
Greenbrae,
California
|
-$2.62M |
| 2 |
WA
Wasatch Advisors
Salt Lake City,
Utah
|
-$1.62M |
| 3 |
Renaissance Technologies
New York
|
-$537K |
| 4 |
Morgan Stanley
New York
|
-$468K |
| 5 |
Two Sigma Investments
New York
|
-$458K |
TCX Hedge Fund Activity: Q4 2016 in Review
41 of the 4,008 institutional investors tracked by Wall St. Rank reported a position in Tucows (TCX) for Q4 2016, worth a combined $83.6M — up 15% from $73M a quarter earlier.
Buyers outnumbered sellers: 10 funds opened new TCX positions and 7 closed out — a net gain of 3 holders — while 11 added to existing stakes and 13 trimmed.
The largest buyer was Van Berkom & Associates, adding an estimated $4.17M. The largest seller was Osmium Partners, cutting an estimated $2.62M.
- 41 institutional investors held Tucows (TCX) as of Q4 2016, up from 38 in Q3 2016.
- Funds reported $83.6M of Tucows stock for Q4 2016, up 15% quarter-over-quarter.
- 10 funds opened new Tucows positions in Q4 2016 and 7 closed out, a net change of +3 holders.
- The largest Tucows buyer in Q4 2016 was Van Berkom & Associates, an estimated $4.17M added.
- The largest Tucows seller in Q4 2016 was Osmium Partners, an estimated $2.62M sold.
Based on aggregated 13F filings for Q4 2016.