Tucows
TCX
80 hedge funds and large institutions have $420M invested in Tucows in 2019 Q4 according to their latest regulatory filings, with 7 funds opening new positions, 31 increasing their positions, 25 reducing their positions, and 11 closing their positions.
150% more funds holding in top 10
Funds holding in top 10: 2 → 5 (+3)
38% more capital invested
Capital invested by funds: $304M → $420M (+$116M)
24% more repeat investments, than reductions
Existing positions increased: 31 | Existing positions reduced: 25
4.34% more ownership
Funds ownership: 56.12% → 60.46% (+4.3%)
6% less funds holding
Funds holding: 85 → 80 (-5)
36% less first-time investments, than exits
New positions opened: 7 | Existing positions closed: 11
79% less call options, than puts
Call options by funds: $2.21M | Put options by funds: $10.6M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
IFLIT
Investmentaktiengesellschaft Fuer Langfristige Investoren TGV
Bonn,
Germany
|
+$2.46M |
| 2 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$1.32M |
| 3 |
OP
Osmium Partners
Greenbrae,
California
|
+$1.03M |
| 4 |
Walleye Trading
New York
|
+$891K |
| 5 |
Goldman Sachs
New York
|
+$598K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Renaissance Technologies
New York
|
-$2.87M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$1.58M |
| 3 |
VBA
Van Berkom & Associates
Montreal,
Quebec, Canada
|
-$748K |
| 4 |
MAM
Martingale Asset Management
Boston,
Massachusetts
|
-$504K |
| 5 |
LPL Financial
San Diego,
California
|
-$293K |
TCX Hedge Fund Activity: Q4 2019 in Review
80 of the 5,075 institutional investors tracked by Wall St. Rank reported a position in Tucows (TCX) for Q4 2019, worth a combined $420M — up 38% from $304M a quarter earlier.
Sellers outnumbered buyers: 11 funds closed out of TCX and 7 opened new positions — a net loss of 4 holders — while 25 trimmed existing stakes and 31 added.
The largest buyer was Investmentaktiengesellschaft Fuer Langfristige Investoren TGV, adding an estimated $2.46M. The largest seller was Renaissance Technologies, cutting an estimated $2.87M.
- 80 institutional investors held Tucows (TCX) as of Q4 2019, down from 85 in Q3 2019.
- Funds reported $420M of Tucows stock for Q4 2019, up 38% quarter-over-quarter.
- 7 funds opened new Tucows positions in Q4 2019 and 11 closed out, a net change of -4 holders.
- The largest Tucows buyer in Q4 2019 was Investmentaktiengesellschaft Fuer Langfristige Investoren TGV, an estimated $2.46M added.
- The largest Tucows seller in Q4 2019 was Renaissance Technologies, an estimated $2.87M sold.
Based on aggregated 13F filings for Q4 2019.