Tucows
TCX
86 hedge funds and large institutions have $338M invested in Tucows in 2020 Q2 according to their latest regulatory filings, with 10 funds opening new positions, 31 increasing their positions, 25 reducing their positions, and 11 closing their positions.
24% more repeat investments, than reductions
Existing positions increased: 31 | Existing positions reduced: 25
15% more capital invested
Capital invested by funds: $294M → $338M (+$43.7M)
6% more call options, than puts
Call options by funds: $4.42M | Put options by funds: $4.16M
0% more funds holding in top 10
Funds holding in top 10: 5 → 5 (0)
9% less first-time investments, than exits
New positions opened: 10 | Existing positions closed: 11
1% less funds holding
Funds holding: 87 → 86 (-1)
1.55% less ownership
Funds ownership: 56.45% → 54.91% (-1.5%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MAM
Martingale Asset Management
Boston,
Massachusetts
|
+$2.98M |
| 2 |
Bessemer Group
Woodbridge,
New Jersey
|
+$1.56M |
| 3 |
WA
Wasatch Advisors
Salt Lake City,
Utah
|
+$1.41M |
| 4 |
EFM
Ennismore Fund Management
London,
United Kingdom
|
+$1.26M |
| 5 |
BlackRock
New York
|
+$922K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VBA
Van Berkom & Associates
Montreal,
Quebec, Canada
|
-$7.6M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
-$4.17M |
| 3 |
Goldman Sachs
New York
|
-$1.7M |
| 4 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$1.48M |
| 5 |
Jacobs Levy Equity Management
Florham Park,
New Jersey
|
-$1.35M |
TCX Hedge Fund Activity: Q2 2020 in Review
86 of the 4,877 institutional investors tracked by Wall St. Rank reported a position in Tucows (TCX) for Q2 2020, worth a combined $338M — up 15% from $294M a quarter earlier.
Sellers outnumbered buyers: 11 funds closed out of TCX and 10 opened new positions — a net loss of 1 holder — while 25 trimmed existing stakes and 31 added.
The largest buyer was Martingale Asset Management, opening a new position worth an estimated $2.98M. The largest seller was Van Berkom & Associates, cutting an estimated $7.6M.
- 86 institutional investors held Tucows (TCX) as of Q2 2020, down from 87 in Q1 2020.
- Funds reported $338M of Tucows stock for Q2 2020, up 15% quarter-over-quarter.
- 10 funds opened new Tucows positions in Q2 2020 and 11 closed out, a net change of -1 holder.
- The largest Tucows buyer in Q2 2020 was Martingale Asset Management, an estimated $2.98M added.
- The largest Tucows seller in Q2 2020 was Van Berkom & Associates, an estimated $7.6M sold.
Based on aggregated 13F filings for Q2 2020.