TCX · Tucows Inc /Pa/

$10.73 -0.05 (-0.46%) At close · Sep 4

Russell 2000 member Rebalance outlook locked

Market Cap

$120.54M

11.18M

Institutional ownership from SEC Form 13F filings. Investment managers with more than $100 million in U.S. equities must disclose their positions every quarter, within 45 days of quarter-end, so the holdings shown can lag the market by up to a quarter.

Use institutional holdings through the 13F API or MCP →

Quarter:

Holders: 70

Total Value: $86,076,022

Total Shares: 6,390,206

Institutional Ownership Trend

26 quarters

Holder Concentration

Across 70 13F filers · Δ vs Mar 31, 2026

Top Holder

33.2%

−1.6 pts

Top 5

73.1%

−2.7 pts

Top 10

85.8%

−2.9 pts

HHI

1,617

Moderately concentrated−135

Quarterly Activity

vs Mar 31, 2026

New

Increased

Decreased

Sold Out

Unchanged

Holder count: +1

Institutional value: -17.8%

Shares held: +4.7%

Top Buyers

vs Mar 31, 2026

Institution	Added	Now Holds
Large Quantinno Capital Management LP	+52,825	72,692
Mega BlackRock, Inc.	+45,787	561,950
Mega AQR CAPITAL MANAGEMENT LLC	+32,176	45,636
Mega MORGAN STANLEY	+14,967	38,572
Small Crawford Fund Management, LLC	+13,000	39,000

Top Sellers

vs Mar 31, 2026

Institution	Sold	Now Holds
Mega CITADEL ADVISORS LLC	−11,471	11,619
Mega VANGUARD CAPITAL MANAGEMENT LLC	−9,444	351,800
Mega GOLDMAN SACHS GROUP INC	−7,243	21,162
Large RENAISSANCE TECHNOLOGIES LLC	−6,900	128,951
Mega NORTHERN TRUST CORP	−3,752	60,475

Top New Positions

vs Mar 31, 2026

Institution	Acquired	Value (USD)
Mid Axxion S.A.	139,110	$1,873,811
Mega DIMENSIONAL FUND ADVISORS LP	17,536	$236,209
Small Versant Capital Management, Inc	5,316	$71,606
Mid Integrated Wealth Concepts LLC	286	$3,852
Large Steward Partners Investment Advisory, LLC	74	$996

Top Sold-Out Positions

vs Mar 31, 2026

Institution	Previously Held	Last Value (USD)
Mega SUSQUEHANNA INTERNATIONAL GROUP, LLP	42,731	$733,263
Large CWM, LLC	1,198	$20,557
Small BARD ASSOCIATES INC	550	$9,438
Large OSAIC HOLDINGS, INC.	200	$3,432
Large NISA INVESTMENT ADVISORS, LLC	40	$686

Filter: New 10 Increased 32 Reduced 17 Sold out 9 Unchanged 11

Showing 70 of 70

All Common Calls Puts

Compact Export CSV

Holder

Value (USD)

% of 13F

EdgePoint Investment Group Inc.

$28,537,205

33.15%

2,118,575

Blacksheep Fund Management Ltd

$14,709,037

17.09%

1,091,985

BlackRock, Inc.

$7,569,463

8.79%

561,950

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
BLACKROCK FINANCIAL MANAGEMENT INC/DE	7,584	$102,156	1.3%	Sole
BlackRock Investment Management, LLC	16,443	$221,487	2.9%	Sole
BLACKROCK ADVISORS LLC	12,906	$173,843	2.3%	Sole
BlackRock Fund Advisors	297,829	$4,011,756	53.0%	Sole
BlackRock Institutional Trust Company, N.A.	226,434	$3,050,065	40.3%	Sole
BlackRock (Netherlands) B.V.	754	$10,156	0.1%	Sole

Universal- Beteiligungs- und Servicegesellschaft mbH

$7,352,909

8.54%

545,873

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
Universal-Investment-Gesellschaft mbH joint	545,873	$7,352,909	100.0%	Defined

VANGUARD CAPITAL MANAGEMENT LLC

$4,738,746

5.51%

351,800

GEODE CAPITAL MANAGEMENT, LLC

$2,665,658

3.10%

197,896

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
GEODE CAPITAL MANAGEMENT TRUST COMPANY, LLC	30,267	$407,696	15.3%	Defined
Held directly	167,629	$2,257,962	84.7%	Defined

STATE STREET CORP

$2,512,397

2.92%

186,518

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
STATE STREET GLOBAL ADVISORS EUROPE LIMITED joint	186,518	$2,512,397	100.0%	Defined

Baader Bank Aktiengesellschaft

$2,198,304

2.55%

163,200

Axxion S.A.

$1,873,811

2.18%

139,110

RENAISSANCE TECHNOLOGIES LLC

$1,736,969

2.02%

128,951

Russell Investments Group, Ltd.

$1,544,387

1.79%

114,654

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
Russell Investment Management, LLC	58,948	$794,029	51.4%	Defined
Russell Investments Capital, LLC	20,044	$269,992	17.5%	Defined
Russell Investments France SAS	13,463	$181,346	11.7%	Defined
Russell Investments Trust Company	22,199	$299,020	19.4%	Defined

CHARLES SCHWAB INVESTMENT MANAGEMENT INC

$979,174

1.14%

72,693

Quantinno Capital Management LP

$979,161

1.14%

72,692

Blackhawk Capital Partners, LLC

$855,048

0.99%

63,478

NORTHERN TRUST CORP

$814,597

0.95%

60,475

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
NORTHERN TRUST CO joint	59,471	$801,074	98.3%	Defined
DWS INVESTMENT MANAGEMENT AMERICAS, INC joint	1,004	$13,523	1.7%	Other

VANGUARD FIDUCIARY TRUST CO

$756,178

0.88%

56,138

VANGUARD PORTFOLIO MANAGEMENT LLC

$633,372

0.74%

47,021

D. E. Shaw & Co., Inc.

$624,118

0.73%

46,334

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
D. E. SHAW & CO, L.P.	46,334	$624,118	100.0%	Defined

AQR CAPITAL MANAGEMENT LLC

$614,714

0.71%

45,636

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
RF&L WEALTH MANAGEMENT, LLC	6	$80	0.0%	Other
Prism Planning Partners LLC	16	$215	0.0%	Other
Arax Advisory Partners	909	$12,244	2.0%	Other
HALBERT HARGROVE GLOBAL ADVISORS, LLC	260	$3,502	0.6%	Other
Stokes Family Office, LLC	159	$2,141	0.3%	Other
Held directly	44,286	$596,532	97.0%	Defined

Crawford Fund Management, LLC

$525,330

0.61%

39,000

MORGAN STANLEY

$519,563

0.60%

38,572

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
MORGAN STANLEY & CO INTERNATIONAL PLC	60	$808	0.2%	Defined
MORGAN STANLEY & CO. LLC	2,037	$27,438	5.3%	Defined
Morgan Stanley Canada LTD	2,200	$29,634	5.7%	Defined
MORGAN STANLEY CAPITAL SERVICES, LLC	312	$4,202	0.8%	Defined
MORGAN STANLEY SMITH BARNEY LLC	600	$8,082	1.6%	Defined
PARAMETRIC PORTFOLIO ASSOCIATES LLC	33,363	$449,399	86.5%	Defined

K.J. Harrison & Partners Inc

$426,608

0.50%

31,671

GOLDMAN SACHS GROUP INC

$285,052

0.33%

21,162

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
GOLDMAN SACHS ASSET MANAGEMENT, L.P.	21,162	$285,052	100.0%	Defined

GSA CAPITAL PARTNERS LLP

$284,567

0.33%

21,126

Bank of New York Mellon Corp

$268,684

0.31%

19,947

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
Mellon Investments Corporation	8,339	$112,326	41.8%	Defined
The Bank of New York Mellon	11,187	$150,688	56.1%	Defined
BNY Mellon, NA joint	420	$5,657	2.1%	Defined
Held directly	1	$13	0.0%	Defined

Connor, Clark & Lunn Investment Management Ltd.

$262,665

0.31%

19,500

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
Manager 1	19,500	$262,665	100.0%	Sole

DIMENSIONAL FUND ADVISORS LP

$236,209

0.27%

17,536

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
DFA Australia Ltd.	800	$10,776	4.6%	Defined
Dimensional Ireland Ltd	755	$10,169	4.3%	Defined
Held directly	15,981	$215,264	91.1%	Sole

Nuveen, LLC

$228,167

0.27%

16,939

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
Nuveen Asset Management, LLC joint	250	$3,367	1.5%	Defined
TEACHERS ADVISORS, LLC joint	16,689	$224,800	98.5%	Defined

ALLIANCEBERNSTEIN L.P.

$168,240

0.20%

12,490

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
Equitable Holdings, Inc.	12,490	$168,240	100.0%	Defined

CITADEL ADVISORS LLC

$156,507

0.18%

11,619

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
Citadel Securities GP LLC	11,619	$156,507	100.0%	Defined

RHUMBLINE ADVISERS

$116,434

0.14%

8,644

FMR LLC

$103,731

0.12%

7,701

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
Fidelity Management & Research Co LLC	7,695	$103,651	99.9%	Defined
STRATEGIC ADVISERS LLC	6	$80	0.1%	Defined

ROYAL BANK OF CANADA

$97,494

0.11%

7,238

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
RBC CMA LTD.	184	$2,478	2.5%	Defined
RBC Capital Markets, LLC	6,776	$91,272	93.6%	Defined
RBC Dominion Securities Inc.	278	$3,744	3.8%	Defined

DEUTSCHE BANK AG\

$86,598

0.10%

6,429

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
DWS INVESTMENT MANAGEMENT AMERICAS, INC	52	$700	0.8%	Defined
DWS Investments UK Ltd	6,377	$85,898	99.2%	Defined

WELLS FARGO & COMPANY/MN

$79,621

0.09%

5,911

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
WELLS FARGO BANK N A	5,911	$79,621	100.0%	Defined

Versant Capital Management, Inc

$71,606

0.08%

5,316

CITIGROUP INC

$57,798

0.07%

4,291

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
Citigroup Financial Products Inc. joint	4,291	$57,798	100.0%	Defined

UBS Group AG

$54,162

0.06%

4,021

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
UBS AG	4,021	$54,162	100.0%	Defined

TD Waterhouse Canada Inc.

$48,492

0.06%

3,600

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
TORONTO DOMINION BANK	3,600	$48,492	100.0%	Defined

Vanguard Global Advisers, LLC

$46,094

0.05%

3,422

Arax Advisory Partners

$43,871

0.05%

3,257

MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd.

$43,009

0.05%

3,193

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
Global X Management CO LLC joint	3,193	$43,009	100.0%	Defined

JPMORGAN CHASE & CO

$42,200

0.05%

3,133

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
JPMorgan Chase Bank, N.A.	2,887	$38,887	92.1%	Defined
J.P. Morgan Securities plc	246	$3,313	7.9%	Defined

Police & Firemen's Retirement System of New Jersey

$21,578

0.03%

1,602

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
Mellon Capital	1,602	$21,578	100.0%	Defined

BNP PARIBAS ARBITRAGE, SA

$15,261

0.02%

1,133

BARCLAYS PLC

$14,170

0.02%

1,052

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
BARCLAYS BANK PLC	924	$12,446	87.8%	Defined
BARCLAYS CAPITAL INC.	128	$1,724	12.2%	Defined

NEW YORK STATE COMMON RETIREMENT FUND

$14,076

0.02%

1,045

Tower Research Capital LLC (TRC)

$13,389

0.02%

994

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
Latour Trading LLC (Latour)	994	$13,389	100.0%	Defined

Ameritas Investment Partners, Inc.

$10,641

0.01%

790

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
EATON VANCE MANAGEMENT	790	$10,641	100.0%	Other

Legal & General Group Plc

$8,715

0.01%

647

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
Legal & General Investment Management America Inc	647	$8,715	100.0%	Defined

NATIONAL BANK OF CANADA /FI/

$5,455

0.01%

405

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
National Bank Financial Inc.	405	$5,455	100.0%	Defined

UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC

$5,441

0.01%

404

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
UBS Group AG	404	$5,441	100.0%	Defined

Integrated Wealth Concepts LLC

$3,852

0.00%

286

PNC FINANCIAL SERVICES GROUP, INC.

$3,219

0.00%

239

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
PNC Bank, National Association	239	$3,219	100.0%	Defined

GAMMA Investing LLC

$1,845

0.00%

137

Sterling Capital Management LLC

$1,495

0.00%

111

Allworth Financial LP

$1,454

0.00%

108

CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM

$1,279

0.00%

EverSource Wealth Advisors, LLC

$1,130

0.00%

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
BMSS Wesson Wealth Solutions, LLC	7	$94	8.3%	Sole
Held directly	77	$1,036	91.7%	Sole

Steward Partners Investment Advisory, LLC

$996

0.00%

MassMutual Private Wealth & Trust, FSB

$781

0.00%

Private Wealth Management Group, LLC

$686

0.00%

IFP Advisors, Inc

$619

0.00%

Global Retirement Partners, LLC

$579

0.00%

True Wealth Design, LLC

$511

0.00%

Essential Partners LLC

$390

0.00%

ROTHSCHILD INVESTMENT LLC

$323

0.00%

Farther Finance Advisors, LLC

$148

0.00%

Clearstead Advisors, LLC

$26

0.00%

SJS Investment Consulting Inc.

$13

0.00%

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
SUSQUEHANNA SECURITIES, LLC	32,431	$556,515	100.0%	Other

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
SUSQUEHANNA SECURITIES, LLC	10,300	$176,748	100.0%	Other

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
OSAIC WEALTH, INC.	200	$3,432	100.0%	Defined

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
Desjardins Securities inc.	10	$171	100.0%	Defined

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
Optiver VOF	1	$17	100.0%	Defined

Key facts CIK 909494 CUSIP 898697206 13F (30d) 54 filings 54 filers Visit website Investor relations