Tucows
TCX
86 hedge funds and large institutions have $334M invested in Tucows in 2018 Q1 according to their latest regulatory filings, with 12 funds opening new positions, 27 increasing their positions, 26 reducing their positions, and 10 closing their positions.
20% more first-time investments, than exits
New positions opened: 12 | Existing positions closed: 10
2.67% more ownership
Funds ownership: 52.68% → 55.36% (+2.7%)
1% more funds holding
Funds holding: 85 → 86 (+1)
4% more repeat investments, than reductions
Existing positions increased: 27 | Existing positions reduced: 26
0% more funds holding in top 10
Funds holding in top 10: 4 → 4 (0)
15% less capital invested
Capital invested by funds: $395M → $334M (-$60.3M)
49% less call options, than puts
Call options by funds: $17.9M | Put options by funds: $35.1M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
IFLIT
Investmentaktiengesellschaft Fuer Langfristige Investoren TGV
Bonn,
Germany
|
+$7.01M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$6.69M |
| 3 |
CM
Caption Management
Oklahoma City,
Oklahoma
|
+$6.22M |
| 4 |
BCI
Brinker Capital Investments
Berwyn,
Pennsylvania
|
+$4.78M |
| 5 |
PG
PEAK6 Group
Chicago,
Illinois
|
+$2.51M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCP
Steamboat Capital Partners
Rye,
New York
|
-$8.77M |
| 2 |
Renaissance Technologies
New York
|
-$8.26M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
-$1.89M |
| 4 |
Morgan Stanley
New York
|
-$1.33M |
| 5 |
WA
Wasatch Advisors
Salt Lake City,
Utah
|
-$1.3M |
TCX Hedge Fund Activity: Q1 2018 in Review
86 of the 4,373 institutional investors tracked by Wall St. Rank reported a position in Tucows (TCX) for Q1 2018, worth a combined $334M — down 15% from $395M a quarter earlier.
Buyers outnumbered sellers: 12 funds opened new TCX positions and 10 closed out — a net gain of 2 holders — while 27 added to existing stakes and 26 trimmed.
The largest buyer was Investmentaktiengesellschaft Fuer Langfristige Investoren TGV, adding an estimated $7.01M. The largest seller was Steamboat Capital Partners, exiting entirely with an estimated $8.77M sold.
- 86 institutional investors held Tucows (TCX) as of Q1 2018, up from 85 in Q4 2017.
- Funds reported $334M of Tucows stock for Q1 2018, down 15% quarter-over-quarter.
- 12 funds opened new Tucows positions in Q1 2018 and 10 closed out, a net change of +2 holders.
- The largest Tucows buyer in Q1 2018 was Investmentaktiengesellschaft Fuer Langfristige Investoren TGV, an estimated $7.01M added.
- The largest Tucows seller in Q1 2018 was Steamboat Capital Partners, an estimated $8.77M sold.
Based on aggregated 13F filings for Q1 2018.