Tucows
TCX
94 hedge funds and large institutions have $331M invested in Tucows in 2018 Q3 according to their latest regulatory filings, with 11 funds opening new positions, 37 increasing their positions, 23 reducing their positions, and 11 closing their positions.
61% more repeat investments, than reductions
Existing positions increased: 37 | Existing positions reduced: 23
0.25% more ownership
Funds ownership: 54.8% → 55.06% (+0.25%)
0% more first-time investments, than exits
New positions opened: 11 | Existing positions closed: 11
1% less funds holding
Funds holding: 95 → 94 (-1)
8% less capital invested
Capital invested by funds: $359M → $331M (-$27.6M)
25% less funds holding in top 10
Funds holding in top 10: 4 → 3 (-1)
56% less call options, than puts
Call options by funds: $5.69M | Put options by funds: $13M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
IFLIT
Investmentaktiengesellschaft Fuer Langfristige Investoren TGV
Bonn,
Germany
|
+$6.51M |
| 2 |
BCI
Brinker Capital Investments
Berwyn,
Pennsylvania
|
+$4.09M |
| 3 |
MIM
Manitou Investment Management
Toronto,
Ontario, Canada
|
+$3.25M |
| 4 |
VBA
Van Berkom & Associates
Montreal,
Quebec, Canada
|
+$1.85M |
| 5 |
SIM
Spark Investment Management
New York
|
+$1.53M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CM
Caption Management
Oklahoma City,
Oklahoma
|
-$6.7M |
| 2 |
OP
Osmium Partners
Greenbrae,
California
|
-$4.17M |
| 3 |
WA
Wasatch Advisors
Salt Lake City,
Utah
|
-$2.58M |
| 4 |
Renaissance Technologies
New York
|
-$2.01M |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$1.68M |
TCX Hedge Fund Activity: Q3 2018 in Review
94 of the 4,391 institutional investors tracked by Wall St. Rank reported a position in Tucows (TCX) for Q3 2018, worth a combined $331M — down 7.7% from $359M a quarter earlier.
Fund positioning in TCX was balanced in Q3 2018: 11 funds opened new positions, 11 closed out, 37 added to existing stakes and 23 trimmed.
The largest buyer was Investmentaktiengesellschaft Fuer Langfristige Investoren TGV, adding an estimated $6.51M. The largest seller was Caption Management, exiting entirely with an estimated $6.7M sold.
- 94 institutional investors held Tucows (TCX) as of Q3 2018, down from 95 in Q2 2018.
- Funds reported $331M of Tucows stock for Q3 2018, down 7.7% quarter-over-quarter.
- 11 funds opened new Tucows positions in Q3 2018 and 11 closed out, a net change of 0 holders.
- The largest Tucows buyer in Q3 2018 was Investmentaktiengesellschaft Fuer Langfristige Investoren TGV, an estimated $6.51M added.
- The largest Tucows seller in Q3 2018 was Caption Management, an estimated $6.7M sold.
Based on aggregated 13F filings for Q3 2018.