Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

Tucows Inc (TCX)

68 + Investors. Track Smart Money conviction in TCX. See who's accumulating, reducing, or initiating positions.

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Current Price
-- USD
Analyst Target
-- (0 analysts)
Upside
0.00%
Net Flow Q/Q
↑ +2
Streak
1Q ▲
Buyers last Q
60%

Smart Money Signals — TCX

Based on 69 hedge funds · latest filing: 2026 Q2 · updated quarterly

📈

Buying streak — 1 quarter in a row

last 6Q
For 1 consecutive quarter, more hedge funds added TCX than sold it. That's a consistent pattern of professional buying — not a one-time trade. When institutions keep buying quarter after quarter, it usually means they see a multi-year opportunity, not just a short-term momentum flip.
🏔️

At the ownership peak (99% of max)

99% of all-time peak
69 hedge funds hold TCX right now — the highest count in 3.0 years. When ownership is this concentrated, any bad news can trigger a chain reaction: one big fund sells, others follow. This is a classic 'crowded trade' — high popularity doesn't equal safety.
📶

Steady growth — +10% more funds vs a year ago

fund count last 6Q
+6 new funds entered over the past year (+10% YoY). Gradual, steady growth in institutional ownership is generally a healthy signal — not a speculative rush, but consistent conviction.
🟢

More buyers than sellers — 60% buying

42 buying28 selling
Last quarter: 42 funds were net buyers (12 opened a brand new position + 30 added to an existing one). Only 28 were sellers (18 trimmed + 10 sold completely). A clear majority buying is a strong confirmation signal.
➡️

Steady new buyers — ~12 new funds per quarter

new funds entering per quarter
Funds opening this position for the first time: 6 → 9 → 11 → 12. A stable flow of new institutional buyers suggests ongoing interest without signs of either acceleration or slowdown.
🔒

59% of holders stayed for 2+ years

59% conviction (2yr+) 19% medium 22% new
41 out of 69 hedge funds have held TCX for over 2 years without selling. Long-term investors are generally harder to shake out during market stress, creating a stable ownership base that limits the risk of sudden capitulation.
📈

Growing discovery — still being found

3 → 6 → 9 → 11 → 12 new funds/Q
New funds entering each quarter: 6 → 9 → 11 → 12. A growing number of institutions are discovering TCX each quarter. The narrative is still spreading — leaving room for ongoing capital accumulation.
🏛️

Veteran-anchored — 64% veterans vs 23% newcomers

64% veterans 13% 1-2yr 23% new
Entry-cohort mix of 69 holders: 44 (64%) are 2+ year veterans, 9 entered 1–2 years ago, and 16 (23%) joined within the past year. A veteran-weighted cap table skews toward institutional memory over fresh momentum.

Strong quality — 23% AUM from major funds

23% from top-100 AUM funds
27 of 68 holders rank in the top 100 by AUM, accounting for 23% of total institutional value held. A meaningful share of the ownership value comes from the most well-resourced institutions.
3.6
out of 10
Low Exit Risk
Exit risk score 3.6/10 — low institutional crowding. Ownership is below peak levels, holder base is relatively sticky, and buying momentum is positive.

Methodology note: these Smart Money cards use consecutive 13F disclosure snapshots, not trade-by-trade execution data. "Buying", "selling", "new holders", and "trimmed" refer to quarter-over-quarter changes in reported holders, aggregate shares, or disclosed position values between filings. They are useful for ownership regime analysis and crowding, but they do not imply exact trade timing on the filing date.

Institutional Sentiment Summary — TCX

In 2026 Q2, 42 hedge funds were net buyers of TCX (12 opened a new position, 30 added to an existing one), while 28 reduced or exited (18 trimmed, 10 sold completely) — a 60% buyer ratio, indicating clear institutional accumulation. 23% of total institutional value in TCX is held by top-100 AUM funds, reflecting strong institutional quality. Net fund flow last quarter: +2 funds (more new holders than closures). Total institutional holders: 69.

Hedge Fund Ownership: TCX

How many hedge funds hold TCX — quarterly history vs. share price
Quarterly hedge fund ownership of TCX vs. share price

Market Analysis: TCX

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: TCX

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Institutional ownership data sourced from SEC EDGAR Form 13F-HR filings.

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Smart Money Signal ?
Limited Smart Money Interest

No strong consensus or elite conviction detected among institutional holders.

5 top-rated funds 0 high-conviction
Consensus
3.4
/ 10
breadth
×
Elite
0.4
/ 10
conviction
Hedge Fund Positioning: TCX
68 + Investors

Track Smart Money conviction in TCX. See who's accumulating, reducing, or initiating positions.

Metric All 13F Filers (2026 Q2) Prior (2026 Q1) Change
Funds Holding 68 67 1.49%
13F Shares 5M 6M -15.58%
Total Value $86M $116M -25.49%
New Positions 12 11 +1
Increased Positions 30 25 +5
Closed Positions 10 14 -4
Reduced Positions 18 24 -6
Total Calls 0 0 -
Total Puts 1 2 -50.0%
PUT/CALL Ratio 0.0 0.0 Bullish

Statistics: TCX

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Institutional Holders (2026 Q2)

68 + investors

Explore institutional interest and hedge fund ownership dynamics. Analyze portfolio weights, new positions, and conviction trends in TCX. Verified SEC 13F-HR filings.

QUARTER:
Top 25 TCX holders by conviction (% of portfolio weight) — 2026 Q2 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 Blackhawk Capital Partners, LLC 0.28% 63,478 $855K
2 EdgePoint Investment Group Inc. 0.22% 2,118,575 $28.7M
3 Baader Bank Aktiengesellschaft 0.17% 163,200 $2.2M
4 Axxion S.A. 0.13% 139,110 $1.9M
5 Crawford Fund Management, LLC 0.08% 39,000 $525K
6 K.J. Harrison & Partners Inc 0.06% 31,671 $427K
7 Universal- Beteiligungs- und Servicegesellschaft mbH 0.01% 545,873 $7.4M
8 Versant Capital Management, Inc 0.01% 5,316 $72K
9 Renaissance Technologies LLC 0.00% 128,951 $1.7M
10 Russell Investments Group, Ltd. 0.00% 114,654 $1.5M
11 Quantinno Capital Management LP 0.00% 72,692 $979K
12 Connor, Clark & Lunn Investment Management Ltd. 0.00% 19,500 $264K
13 Tower Research Capital LLC (TRC) 0.00% 994 $13K
14 D. E. Shaw & Co., Inc. 0.00% 46,334 $624K
15 Arax Advisory Partners 0.00% 3,257 $44K
16 Ameritas Investment Partners, Inc. 0.00% 790 $11K
17 Aqr Capital Management LLC 0.00% 45,636 $615K
18 Essential Partners LLC 0.00% 29
19 Vanguard Fiduciary Trust Co 0.00% 56,138 $756K
20 Police & Firemen's Retirement System of New Jersey 0.00% 1,602 $22K
21 Private Wealth Management Group, LLC 0.00% 51
22 Mercer Global Advisors Inc /Adv 0.00% 8,122 $109K
23 TD Waterhouse Canada Inc. 0.00% 3,600 $50K
24 True Wealth Design, LLC 0.00% 38
25 BlackRock, Inc. 0.00% 561,950 $7.6M
Investor Ownership
History
% of Portfolio Prev % Rank Conviction Avg Buy Price 13F Score™ 3Y / 7Y Sell Timing Shares Mkt Value Change Change % Source Quarter Filed

Frequently Asked Questions — Tucows Inc (TCX)

What does the Smart Money Trend signal show for TCX?

Buying streak — 1 quarter in a row: For 1 consecutive quarter, more hedge funds added TCX than sold it. That's a consistent pattern of professional buying — not a one-time trade. When institutions keep buying quarter after quarter, it usually means they see a multi-year opportunity, not just a short-term momentum flip.

What is the institutional breadth score for TCX?

More buyers than sellers — 60% buying: Last quarter: 42 funds were net buyers (12 opened a brand new position + 30 added to an existing one). Only 28 were sellers (18 trimmed + 10 sold completely). A clear majority buying is a strong confirmation signal.

What is the fund quality score for TCX holders?

Strong quality — 23% AUM from major funds: 27 of 68 holders rank in the top 100 by AUM, accounting for 23% of total institutional value held. A meaningful share of the ownership value comes from the most well-resourced institutions.

How long have hedge funds held TCX?

59% of holders stayed for 2+ years: 41 out of 69 hedge funds have held TCX for over 2 years without selling. Long-term investors are generally harder to shake out during market stress, creating a stable ownership base that limits the risk of sudden capitulation.

Where does this institutional ownership data come from?

All holdings data is sourced from SEC Form 13F filings, which institutional investment managers with over $100 million in assets are required to submit quarterly. Data is parsed directly from SEC EDGAR.

Disclaimer: The information on this page is for informational purposes only and does not constitute investment advice, a recommendation, or an offer to buy or sell any security. Institutional holdings data is sourced from SEC Form 13F filings and reflects positions as of the filing date. Past performance of any fund or portfolio is not indicative of future results. 13Foresight is not a registered investment adviser. Always conduct your own due diligence before making investment decisions.

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