COCO ranks #1834 out of 37696 tracked stocks by institutional interest — one of the most closely watched names in our coverage.
344 institutions disclose a position in COCO, but none treat it as a major bet — even JW Asset Management, LLC, its most concentrated holder, allocates just 4.5% of its own portfolio to it.
CoreCap Advisors, LLC has added to its COCO position for two straight quarters, increasing it by $134.2K to reach $352.6K today.
Wasatch Advisors LP has trimmed its COCO position for two straight quarters, cutting it by $33.5M while still holding $142.6M.
COCO is up 1.8% today, and institutions have been net buyers of $296.6M this quarter — today's price move and the underlying institutional flow are pointing the same direction.